Futures of gold, which were soaring well above the Rs 50,000 mark till sometime back amid the weak economic scenario, have now started to ease and have fallen below the Rs 49,000-mark
India may witness a current account surplus due to the recent economic reforms announced by the government, said the Chief Economic Adviser, Krishnamurthy Subramanian. Speaking at CII’s MNCs Conference 2020 on Monday,
Emphasising on the need for informed decision by investors, Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi has said that investor awareness and education play an important role in the
The transition to clean energy sources led to subdued participation in the recently concluded first round of commercial coal mine auction, said India Ratings and Research. Accordingly, in a report, the agency
“74 is a strong support for the USD/INR pair and it is unlikely that RBI will allow it to appreciate much further from 74 mark this week. On the higher side 74.5
On Thursday, IMF experts said in a statement that “the Egyptian economy has performed better than expected despite the pandemic”…reports Asian Lite News Egyptian President Abdel-Fattah al-Sisi praised the economic performance of
“The Asia-Pacific economy is leading the global recovery from the pandemic. The entire region is in recovery, driven by the control of the pandemic, the easing of lockdowns, and the improvement in
As the economy recovers from the lows of pandemic-induced lockdown, the year-on-year contraction in India’s GDP is expected to narrow appreciably to (-) 9.5 per cent in Q2FY21 from (-) 23.9 per
US Treasury Secretary Steven Mnuchin has asked the Federal Reserve to end five emergency Covid-19 lending facilities and return $455 billion of unused funds. “I am requesting that the Federal Reserve return
The Indian data centre industry has attracted investments totalling around $396 million during January-September 2020, a report by Anarock and Mace said on Thursday. “The Indian data centre industry has attracted close