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PM Modi's Appeal Not About Spending Less But Spending Wisely: Sources
Government sources have pushed back against descriptions of Prime Minister Narendra Modi's recent appeal for energy conservation and reduced foreign exchange outflows as "austerity measures", saying the term is misleading and carries negative economi
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Safe-Haven Bids Buoy Gold as Oil Slides on Failure to Freeze Output
Gold rose on Monday as oil producers' failure to agree on an output freeze sent crude prices and equities tumbling, stoking safe haven demand for bullion.
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Global Risks Bolster Gold, Oil After Paris Attacks
Gold and oil edged up in nervous trading on Monday following the deadly attacks on Paris and large-scale French airstrikes in Syria, although broader commodities markets remain weak on poor fundamentals.
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Gold Holds Near One-Month High On Falling Oil, Equities
Gold took a breather on Tuesday after two-straight sessions of gains to hover near its highest in a month, underpinned by safe-haven demand triggered by a slump in oil prices and global equities.
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World stocks hit by Ukraine war threat, gold, oil jump
The rising threat of war between Ukraine and Russia spooked markets and sent investors scurrying for relative safety on Monday, pushing stocks down sharply and lifting gold to a four-month high.
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Oil, gold slide but post big monthly gains
Oil and gold prices fell again on Friday after Britain refused to back a US-led military strike on Syria, but both markets ended August sharply higher after rallying with other commodities in recent weeks.
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Falling crude prices, gold imports to help improve deficit: Uday Kotak
He, however, said that these factors will support the current account deficit situation only in the short term and the government would have to come up with steps to reduce the widening trade deficit in the long run. Kotak also said he was not negative on the markets and the rupee depreciation was helping certain sections of investors.
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What the trade data means for you
India's exports rose an annual 21 per cent to $303.7 billion (Rs. 14,54,065 crore) for the fiscal year 2011-12, while imports rose 32.2 per cent to $488.6 billion.
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India's balance of payment slips into red on lower fund inflows
The current account deficit widened on higher import bills for oil and precious metals, while exports fell.
-
PM Modi's Appeal Not About Spending Less But Spending Wisely: Sources
Government sources have pushed back against descriptions of Prime Minister Narendra Modi's recent appeal for energy conservation and reduced foreign exchange outflows as "austerity measures", saying the term is misleading and carries negative economi
-
Safe-Haven Bids Buoy Gold as Oil Slides on Failure to Freeze Output
Gold rose on Monday as oil producers' failure to agree on an output freeze sent crude prices and equities tumbling, stoking safe haven demand for bullion.
-
Global Risks Bolster Gold, Oil After Paris Attacks
Gold and oil edged up in nervous trading on Monday following the deadly attacks on Paris and large-scale French airstrikes in Syria, although broader commodities markets remain weak on poor fundamentals.
-
Gold Holds Near One-Month High On Falling Oil, Equities
Gold took a breather on Tuesday after two-straight sessions of gains to hover near its highest in a month, underpinned by safe-haven demand triggered by a slump in oil prices and global equities.
-
World stocks hit by Ukraine war threat, gold, oil jump
The rising threat of war between Ukraine and Russia spooked markets and sent investors scurrying for relative safety on Monday, pushing stocks down sharply and lifting gold to a four-month high.
-
Oil, gold slide but post big monthly gains
Oil and gold prices fell again on Friday after Britain refused to back a US-led military strike on Syria, but both markets ended August sharply higher after rallying with other commodities in recent weeks.
-
Falling crude prices, gold imports to help improve deficit: Uday Kotak
He, however, said that these factors will support the current account deficit situation only in the short term and the government would have to come up with steps to reduce the widening trade deficit in the long run. Kotak also said he was not negative on the markets and the rupee depreciation was helping certain sections of investors.
-
What the trade data means for you
India's exports rose an annual 21 per cent to $303.7 billion (Rs. 14,54,065 crore) for the fiscal year 2011-12, while imports rose 32.2 per cent to $488.6 billion.
-
India's balance of payment slips into red on lower fund inflows
The current account deficit widened on higher import bills for oil and precious metals, while exports fell.
