The agriculture sector has continually done well, according to the Monday economic review of India, despite the country managing to keep food inflation at moderate levels and lower than many other nations. It said that unexpected rains put strain on certain food items’ rices, resulting in crop losses and supply chain problems caused by the…
India’s economic growth most likely matched government predictions because demand sparked an expansion in the services sector and mitigated the effects of high borrowing rates. According to the consensus estimate in a Bloomberg survey, which is in line with a government forecast given three months ago, data due on Wednesday is anticipated to reveal that…
Gold fell to a two-month low on Wednesday morning for Asia. Gold futures were down 0.26% at $ 1,758.95 since Tuesday, April 15. Gold fell 7.5% in June, still feeling the effects of a surprisingly bad policy decision issued by the central bank earlier this month. However, it increased by 3.3% in the second quarter…
Gold in Asia fell against the dollar on Thursday morning, with investors pushing the U.S. Additional signals of inflation in and mobilized to seek economic recovery from the COVID-19 epidemic. Gold futures were down 0.35% at $ 1,888.95. The dollar, which usually moves in the opposite direction to gold, is the 10-year U.S. dollar. Treasury…
National Miner Coal India Limited (CIL) has seen a 52.5% increase in its e-auction coal sales in the first two months of the current financial year. In a public statement, CIL said it had set aside 21.5 million tonnes under five auction windows. As demand for coal increased, CIL recorded an increase of 16% over…
Oil prices fell for a second day on Wednesday on fears that rising US coronavirus cases and inflation could lead to the US Federal Reserve raising interest rates, which could restrict economic growth. Brent crude futures fell 57 cents, or 0.8%, to $ 68.14 a barrel at 0642 GMT. It was down 1.1% on Tuesday…
