Gold prices have experienced a notable surge in recent weeks, with the yellow metal witnessing an increase of over 11 per cent in India alone. A recent report from Goldman Sachs highlights that this surge is not solely driven by traditional factors, indicating a shift in the dynamics of the gold market. The report underscores […]
Oil prices surged in Asian trading on Monday as escalating conflicts in the Middle East and between Russia and Ukraine raised concerns over tighter global supply. Brent crude futures climbed 39 cents to USD 85.82 a barrel, while US crude futures gained 40 cents to USD 81.03 per barrel. The tensions between Russia and Ukraine […]
Crisil Ratings, an Indian rating agency, forecast a 6.8 per cent growth in India’s GDP for the upcoming fiscal year. Their India Outlook report predicts the country’s economy will benefit from domestic reforms and cyclical trends, potentially solidifying its position as the world’s third-largest economy by 2031. The report acknowledges a projected moderation from the […]
Foreign enterprises’ direct investment in China climbed to its lowest level since the early 1990s last year, highlighting the country’s hurdles as Beijing seeks more outside investment to boost its economy. China’s direct investment obligations in its balance of payments increased by USD 33 billion last year, an 82 per cent decrease from 2022, according […]
