The trigger for international gold prices rising to $3,000 per ounce was Germany’s upcoming heavy government borrowing. Kindly note the image has been posted only for representational purposes.IMAGE: People buying gold ornaments at a jewellery store. Photograph: ANI Photo As
State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI’s currency management infrastructure in order to cater to future cash needs of the country’s fast growing economy. Photograph:
Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574
The US Fed interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on
European Union (EU) companies operating in India want New Delhi to streamline or remove non-tariff barriers such as Quality Control Orders (QCOs), complex Customs procedures; simplify labelling, testing, and import procedures; and facilitate cross-border digital transactions without data localisation constraints.
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion — the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat.
In Debasish Panda’s last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the “R2” licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer
Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs. Retail investors have been hit hard amid the recent market fall, as their favourite bets
In the sharpest jump in over two years, the country’s foreign exchange reserves increased by $15.27 billion to $653.97 billion during the week ended March 7, the RBI has said. The overall reserves had dropped by $1.78 billion to $638.7
A large number of medical device-manufacturing units have been forced to move to Vietnam and Malaysia due to delays, inconsistent timelines, and a lack of transparency in licensing processes, according to the Parliamentary Standing Committee on Health and Family Welfare.
