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The aggressive buying of gold by central banks across countries points to the impending global recession and their intention to diversify from the dollar, which has been strengthening against every other currency. As per the latest World Gold Council report, global central banks purchased 400 tonnes of gold in the September quarter, the most since …
Aggressive gold buying by central banks point to impending global recession Read More »
Across the globe, the central banks went on a gold buying spree purchasing record levels of the precious metal in the third quarter of 2022, according to World Gold Council’s latest demand trends. Central banks bought 399.3 tonnes of the yellow metal compared to 90.6 tonnes in the same quarter of 2021. This is the …
Central banks stock up on gold on economy worries Read More »
Shriram Transport Finance’s provisions are likely to remain elevated over the coming quarters following the company’s classification as an ‘upper layer NBFC’ by the Reserve Bank of India. “Generally the regulator wants us to maintain higher provisioning, and they appreciate us for being very conservative. Therefore, it will remain elevated for some more time to …
‘Upper layer’ tag to keep Shriram Transport’s provisions elevated, says MD Read More »
RBI at the crossroads Apropos ‘Is MPC responsible for inflation?’ (November 2), there can’t be two opinions about the fact the given the myriad domestic and global causes of price rise, monetary tools at the disposal of the RBI has limited play. Notably, the Centre appears to be overly worried over the MPC’s failure to …
With the rupee dipping to a record low, Finance Minister Nirmala Sitharaman defended the trend by saying that it is the dollar that is strengthening. She also said that the Indian rupee has performed well against currencies of many other emerging economies. During the calendar year till date, Indian rupee has dropped over 8 per …
HDFC-HDFC Bank merger: The shareholder meeting will be convened on November 25, 2022 for the purpose of considering and approving the Scheme of Amalgamation, HDFC said in a regulatory filing on Friday. Alexander JayJay Alexander james is a prolific News and Content marketer.Based Leeds United kingdom Jay Has vastly contributed to the Upliftment of the …
HDFC-HDFC Bank merger: NCLT approves shareholders' meet Read More »
zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use. This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit zeenews.india.com websites that posts a link to this …
zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use. This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit zeenews.india.com websites that posts a link to this …
Zee Business Stock, Trading Guide: Things to Know Before Market Opens on 4 October 2022 Read More »
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