by pallanus | May 15, 2020 | Business News
Contracting for the second straight month, India’s exports shrank by a record 60.28 per cent in April to USD 10.36 billion, mainly on account of the coronavirus lockdown, said an official. Imports too plunged by 58.65 per cent to USD 17.12 billion in April,...
by pallanus | May 8, 2020 | Business News
Asian shares surged Friday on optimism the worst of the economic fallout from the pandemic may be over, as Wall Street logged its biggest rally in a week. Japan’s benchmark Nikkei 225 jumped 2.6 per cent to 20,179.09 in afternoon trading, helped partly by local...
by pallanus | May 4, 2020 | Business News
India’s gold imports plunged 99.9 per cent year-on-year in April to their lowest in nearly three decades as air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus, a government source said. A salesman...
by pallanus | Apr 22, 2020 | Business News
After falling into negative territory for the first time in history amid record trading volumes, US crude futures rose 20 per cent as contracts for May delivery expired and the June contract became the front month. Brent crude, which settled down 24 per cent in the...
by pallanus | Apr 6, 2020 | Business News
The world’s second-biggest consumer of the precious metal imported 25 tonnes of gold in March, down from 93.24 tonnes a year ago. In value terms, March gold imports dropped nearly 63% to $1.22 billion. (Photo: Reuters) India’s gold imports plunged more than 73 per...
