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IRAQ CURRENCY DEVALUATION
Iraq devalues its currency as Mideast war disrupts oil shipping routesIraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...- Gold pulled India back from the edge of crisis 35 years agoThirty-five years after India pledged 67 tonnes of gold to avert a balance of payments crisis, the episode remains one of the defining mome...
- Why dealing with China along separate economic and diplomatic lines won't workIndia faces a challenge in managing its economic relationship with China. The government aims to promote growth and leverage economic ties ...
- Top 8 threats to the global economy in 2024: A pessimist’s guideThe Middle East conflict, with the potential to choke off oil flows and push inflation higher, poses a risk to global growth. This conflict...
- Rising geopolitical tensions and gold’s role as a safe haven assetGold is the best portfolio diversifier. Geopolitical tensions highlight the importance of diversifying investment portfolios. Investors may...
- Wheels are skidding: Why India’s exports of two-wheelers and three-wheelers are fallingTwo-wheeler exports fell to 34.06 lakh units in April 2022-February 2023 from 40.9 lakh in April 2021-February 2022, a 16% drop, according ...
- Bovine meat exports fall on China ban, Brazil competitionIndia’s buffalo meat exports are down almost 16% to $3.17 billion in the first three quarters of 2015-16 from $3.77 billion in the year-ago...
- ISIS activities disrupting global economy: Arun JaitleyHe further said that what ISIS has been doing across the world in the last few months poses a new danger to civilisation.
- Gold futures hit Rs 27,035 on weak rupeeIt touched an intraday high of Rs 27,035 and a low of Rs 26,650. In the spot market, the yellow metal appreciated by Rs 300 to Rs 27,700 pe...
- Curbing gold demand as panacea for economic ills not a good signUnder economist PM, economic thought is reversing if one goes by the advocacy of curbing gold demand as a panacea for economic ills.
- China's wheat crop at risk, world waryThe Chinese government has announced a $1.96-bn package to fight drought, including attempts to create artificial rain by cloud seeding.
- India holds the keys to success: Niall FergusonHistorian Niall Ferguson of Harvard spoke about financial crisis, banking reforms, why he's bullish on India than China. Gainers: BSE ( A, ...
- US vs China: Watch the power game play outUS will try to contain rise of China, but the latter will want to have more say in global affairs, says Marc Faber. Gainers: BSE ( A, B ), ...
- Indian banks are sound and clean: Marc FaberMarc Faber in an interview with ET Now opines that Indian banks are relatively sound and clean in comparison to the Western world.
- OPEC president blames oil price spike on weak dollarOPEC President Chakib Khelil insisted Tuesday that oil producers saw no need to raise supply, blaming high prices on factors outside their ...
- Are we ready for capital account convertibility?There are reports that the finance ministry has decided that full capital account convertibility will be introduced in the next three years...
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