Tag: geopolitical tensions
Gold price rally eases slightly while stock market tanks ahead of Dhanteras, Diwali
Gold rates in Delhi dropped slightly to ₹79,763.0 for 10 grams today on Saturday, October 26, 2024, while it was ₹80,253.0 for 10 grams yesterday….
Festive demand will help shrug off temporary slowdown, says RBI report
Aggregate demand in India is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up…
FY25 gold bond float target may be cut again to below ₹10,000 cr
New Delhi: The government will likely cut its gold bond float target for 2024-25 drastically again to less than ₹10,000 crore, as it finds current…
RBI cautions on inflation: ‘Need to keep inflation horse on a tight leash, it may bolt again…’
The RBI kept its inflation forecast for FY25 unchanged at 4.5%, amid food price concerns. Oil prices rose above $80 for the first time since…
Industry upbeat on policy continuity as biz confidence index rises to 2-quarter high: CII
The industry is buoyed by policy continuity as the CII Business Confidence Index soared to a two-quarter high of 68.2 for the July-September period this…
World’s confidence in India stays high amid geopolitical tensions; will take structural reforms for Viksit Bharat: PM Modi
Amid rising tensions in the Middle East as well as between Russia-Ukraine, Prime Minister Narendra Modi while addressing the Kautilya Economic Conclave asserted that world’s…
Gold hits record high on softer dollar, rate cut hopes, Middle East tensions
Gold prices rose to an all-time high on Friday as a cocktail of factors ranging from a weaker dollar, growing expectations for a U.S. interest-rate…
Foreign investors pull record money from China. Here’s why
Foreign investors pulled a record amount of money from China last quarter, likely reflecting deep pessimism about the world’s second-largest economy. The Chinese national flag…
UK commits over £550 million to nuclear defense and energy
UK Prime Minister Rishi Sunak is committing hundreds of millions of pounds to Britain’s nuclear deterrent and energy infrastructure as part of a “critical national…
Amid rising geopolitical tensions, China rolls out new wartime recruitment rules
BEIJNG: China has released a new set of revised rules for military recruitment in wartime, including giving priority to the veterans, drafting high-calibre soldiers and…