Gold Hits Over 3-Month High As Powell Flags Slower Rate Hikes

Gold Hits

Gold prices raced to a three-month high on Thursday after a forecast of smaller interest rate hikes by Federal Reserve Chair Jerome Powell sparked a rally in metal markets, while easing COVID-19 lockdowns in China saw copper prices surge to a two-week peak. The Fed chair said in an address at Washington that the central […]

How The 2022 Dubai Expo Will Enhance Opportunities

dubai expo

Expo 2022 Is A Hub of Experiences That Offers Something to Excite Everyone. Whether You Want to Unleash Your Inner Technologist, Step into The World of Diverse Tastes, Fuel Your Creativity, Or Seek Business Opportunities, Dubai Expo Is the Best Answer for All. It Is a Unique World of Novel Experiences Offering Over 60 Daily […]

Oil on Edge as Markets weigh Poland Strike, Sluggish Demand

oil in edge

Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and concerns over slowing Chinese demand also brewed more uncertainty in the market Crude markets were focused squarely on the North Atlantic Treaty Organization’s (NATO) response to a Russian-made missile killing […]

Delhi Police Issues Traffic Advisory Ahead of India International Trade Fair

delhi police

Entry to the fair will be restricted to business visitors from November 14 to 18. It will be opened for general public from November 19 to 27. The Delhi Police on Sunday issued a traffic advisory ahead of the India International Trade Fair and mentioned the roads where congestion is expected. It said traffic congestion […]

Developing Countries Need $1 Trillion a Year in Climate Finance:

Developing countries

Developing countries need to work with investors, rich countries and development banks to secure $1 trillion a year in external financing for climate action by the end of the decade and to match that with their own funds, a report said on Tuesday. The report, released ahead of talks on climate change finance at the […]

Maharashtra Govt Will Plan Film City Between Mumbai And Thane: CM Eknath Shinde

MAHARSTA GOV

Speaking at an event on Sunday where noted Marathi theatre actor Prashant Damle was felicitated for the 12,500th show of his play ‘Eka Lagnachi Gosht’, Shinde said the state government will support Marathi theatre and cinema The Maharashtra government will work on planning a film city between Mumbai and Thane cities to provide a wider […]

Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs

OIL FALLS

Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey showed that China’s massive services sector shrank for a second straight […]

Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes

Gold Buoyant Before

Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a […]

Bank credit grows by 7.9% to Rs 116.27 trn; deposits by 8.6%: RBI data

Financial News

Bank credit grew by 7.9 percent to Rs 116.27 lakh crore and deposits rose by 8.6 percent to Rs 162.17 lakh crore in the fortnight ended February 25, RBI data showed In the fortnight ended February 26, 2021, bank advances stood at Rs 107.75 lakh crore and deposits at Rs 149.33 lakh crore, according to the […]

Rupee advances 22 paise to 76.78 against US dollar in early trade

Financial News

The rupee advanced 22 paise to 76.78 against the US dollar in the opening trade on Wednesday, supported by the weakness in the American dollar and recovery in domestic equity markets Forex traders said the rupee could remain range-bound and can witness high volatility amid the deepening Russia-Ukraine conflict At the interbank foreign exchange, the rupee opened […]