On Wednesday 6th July gold hit its highest in more than two years, by virtue of uncertainty, drop in stock markets and slide in some bond yields to record lows after Britain’s vote to leave the European Union (Brexit). Post the rise, gold rates having reached to $ 1367.104 per troy ounce (31.10 g) is […]
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“It was rules, not China that prevented India’s NSG membership. Ten members opposed India’s entry to the NSG. But spoilt by the West, self-centred and self-seeking India just refuses to go by the rules. Moreover, it is only to contain China that the US is cosying up to India” says an article in the ‘Global […]
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Riyadh 24th June (News agency) – Saudi Arabia’s Petroleum Minister Khalid Al Falih has announced that the fuel war between Saudi Arabia and USA is over. Falih added that in future, Saudi Arabia will focus on balancing the crude demand and supply. Simultaneously he claimed that in this war, Saudi Arabia had emerged the winner. […]
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New Delhi, Dt: 24(PTI)–India is well prepared to face any after effects of ‘Brexit’ said the Indian Finance Minister Arun Jaitley. India has strong economic fundamentals and adequate foreign exchange reserves. The Government is working closely with various regulatory bodies to mitigate the effects of volatility caused by ‘Brexit’. Mr. Arun Jaitley asserted that the […]
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Beijing/Washington, Dt.30 (News agency) – Just as the G-7 summit, held recently in Japan, concluded by proclaiming an end to the currency war, China declared the devaluation of its currency the ‘Yuan’. In the week of the summit itself, the Chief of the U.S. Federal Reserve, Mr. Janet Yellen signalled the hiking of interest rates. […]
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