by pallanus | Jul 17, 2020 | Business News
Gold rose on Friday and was headed for its sixth consecutive weekly gain as surging coronavirus cases fuelled demand for safe havens. Spot gold rose 0.3% to $1,802.61 per ounce by 0942 GMT. US gold futures were up 0.2% at $1,803.30. Tensions between the United States...
by pallanus | Jun 23, 2020 | Business News
Taiwan’s Foxconn is planning further investment in India and may announce details in the next few months as the world’s largest contract manufacturer views the outlook there very favourably, its chairman said on Tuesday. Foxconn already makes smartphones in India for...
by pallanus | May 27, 2020 | Business News
Japan will compile a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession, a budget draft seen by Reuters showed on Wednesday. The 117...
by pallanus | May 22, 2020 | Business News
Indian shares tracked world markets lower on Friday, led by metals and mining stocks, as new US-China tensions raised doubts about a trade deal between the world’s two largest economies. (Representational Image) Indian shares tracked world markets lower on Friday, led...
by pallanus | May 6, 2020 | Business News
A rise in beaten down banking stocks helped Indian shares rebound on Wednesday as markets awaited stimulus measures to support the coronavirus-hit economy, but losses in oil refiners and ITC capped gains. The NSE Nifty 50 index was up 1.3 per cent to 9,324.70 by 11...