New Delhi: – India and the International Energy Agency (IEA) signed an important strategic partnership agreement on Wednesday. This agreement becomes vital from the point of view of global energy security and stability. This is vital even from the Indian energy security perspective. It is claimed that this is another step towards India becoming a […]
London/New York: New cases of Coronavirus have been reported from China and South Korea, who had claimed complete victory over Coronavirus. The fear of the second wave of Coronavirus hitting the world has become stronger with the revelation, and the repercussion of this was seen in the global economy. Gold rates spurted once again to […]
The articles in this series have thrown light on the spectacular progress achieved as a country by Israel over just the last seventy years, or so, that is from its birth till today. Today, Israel is a highly developed ‘Free market’ economy based on Information Technology and hi-tech research. Thanks to it, Israel has developed […]
Warsaw/London: Poland, an important country and a leading economy in Europe, repatriated 100 tonnes of gold. The Polish central bank, ‘National Bank of Poland’ informed that this step has been taken to increase the capacity of the national economy. But the analysts have claimed that the crucial factors behind this repatriation are the uncertainty in […]
Belgrade: Against the background of uncertainty over the Brexit issue in Europe and the shadows of recession created by the trade war, Serbia has bought a whopping 9 tonnes of Gold, in October. Such a colossal Gold purchase, by a small country in eastern Europe, in a single month, attracts attention. Before Serbia, European countries […]
Riyadh: Prime Minister Narendra Modi has claimed, ‘There is economic uncertainty because of the unbalanced multilateral trade. At this time, the global economy is dependent on the path chosen by the big developing economies like India and Saudi Arabia.’ Prime Minister Modi also said that the cooperation between India and Saudi Arabia has crossed the […]
Beijing: While the indications of the trade war between the United States and China have been flaring up further, China has aggressively started augmenting its Gold reserves. Since December last year, China has been on a gold buying spree and over just six months, has purchased a whopping 74 tonnes of gold. This Chinese purchase, […]
Washington/Beijing: US President, Donald Trump has warned that if the trade talks with China, during the G-20 summit in Tokyo, are not successful, the tax will be imposed on the Chinese goods imported into the United States, worth $300 billion. China has immediately replied to the threat, issued by Trump and China has warned that […]
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 […]
Moscow/Beijing: Russia and China, two of the leading economies of the world have increased their purchase of gold. In February, Russia purchased a whopping 31 tonnes of gold taking its gold reserves to 2,149 tonnes. At the same time, the Chinese central bank has been revealed to have bought gold for four successive months, to […]