London: The effects of the US tightening the noose around Iran against oil trade have started emerging on the international level. Following the announcement by the United States, the Crude rates have spiralled to $ 75 per barrel, in just three days. As per the analysts, after the actual implementation of the sanctions, the rates […]
New York/London: International analysts have predicted that the uncertainty at the economic level and the heavy purchasing of Gold by the Central banks of various countries, will make the Gold rates jump to a whopping $1,400 per ounce. (1 Ounce = 28.5 Grams). Martin Huxley of INTL FCStone group claimed that the policy of the […]
Washington: The world is moving from currency to cryptocurrency. The economists are claiming that cryptocurrency will be the future of the world. Reports of some countries moving towards cryptocurrency, also have been published. It has also been revealed that leading financial institutions and banks are seriously considering the use of cryptocurrency. But now the World […]
Tokyo/London: The Global stock markets saw a sharp decline, against the backdrop of the increasing uncertainty over the Brexit issue and the growing shadows of slowdown on the global economy. The US Dow Jones index had declined by a whopping 460 points on Friday. Its reflections were seen in the Asian and European markets. Japanese […]
New Delhi: The Union government has raised ₹ 850 billion through disinvestment. The government has exceeded the target for divestment for the second consecutive year and out of this ₹7 billion has been raised from the sale of Enemy Shares. This is the first time the government has sold Enemy Shares. Last year, in November, […]
Beijing: Against the background of the trade talks with the United States and the parliamentary session, it has been observed that the economy has received major shocks. Exports, the mainstay of the Chinese economy, have recorded a decline of 20% in February and imports, trade profits and stock markets also have been hit severely. While […]
Manila: The Malaysian President Mahathir Mohammad warned the Philippines that “If you are borrowing vast sums of money from China, beware of falling into its debt trap. The Malaysian President is currently on a visit to the Philippines and China was at the centre of the discussions he held with the Philippine President Rodrigo Duterte […]
Washington: The federal debt of the United States has reached $22 trillion. The analysts are claiming that every US citizen is under the shadow of economic crisis, because of this enormous debt. The US Treasury department announced that the debt had been increased by $30 billion within one month. The Treasury department also has expressed […]
Washington: The rise in demand of gold from India as well as China and the world’s central banks’ gold buying spree would lead gold price to climb to a record level high $1, 425 per ounce over one year, predict senior officials of Goldman Sachs. The Gold rates are consistently on the rise over the […]
New York/ London: Gold rates jumped to $1300 per ounce (31 grams), against the background of the meeting of the Federal Reserve, the Central Bank of the United States and the trade war between the United States and China. Gold rates jumped to $1300 per ounce (31 grams). The Gold rates spurted by 0.4% on […]