Late Indivar Sacdeva, Rajiv Saxena and Naveen K. Gupta were some of the broadcasters who were involved with devising the channel's content and presentation style when it was started in September 2001.
Anil Baijal, then CEO of Prasar Bharti wanted to call this as FM Classic but FM-2 name became popular by default.
FM Rainbow became very popular among discerning audience within a short time due to its eclectic programming and old Hindi songs.
The then Information and Broadcasting Minister launched a news and entertainment channel called AIR FM-II (now FM Gold) on 1 September 2001.
Composite news programs in Hindi and English originating from Delhi are exclusively broadcast every morning, midday and evening for a duration of 30 minutes each.
Other news-based programs mounted on FM Gold include 'Vaad Samvaad' and 'Countrywide' based on interviews with prominent personalities.
Hourly news headlines are broadcast on FM Gold in Hindi & English alternately, these are 5 min long.