by OverviewFX | Nov 8, 2024 | Industry
Fed cuts interest rate by 25 bps on Thursday * Bullion down 1.7% for the week * Silver, platinum and palladium head for weekly decline * Gold demand in India falters this week (Recasts as of 0917 GMT) By Anushree MukherjeeGold prices retreated on Friday and were on...
by OverviewFX | Nov 8, 2024 | Industry
Senior Indian government officials are preparing fresh policy briefs, especially on trade and investment, following the election of Donald Trump as the next US president, two officials told ET. During his campaign, Trump had threatened to impose tariffs on imports to...
by OverviewFX | Nov 8, 2024 | Industry
CII also suggests boosting rural income by increasing daily wages under the MGNREGA program by 40% and raising payments to PM-KISAN beneficiaries by 33%. Further recommendations include raising the unit cost under the PM Aawas Yojana housing scheme and modifying the...
by OverviewFX | Nov 7, 2024 | Industry
The victory of Donald Trump in the 2024 US Presidential elections has sparked a fresh wave of optimism in India, particularly among market analysts and investors. With Trump set to return to the Oval Office, the focus now shifts to the potential economic and...
by OverviewFX | Nov 7, 2024 | Industry
Naveen Mathur, Director – Commodities and Currencies, Anand Rathi Shares & Stock Brokers, says if the rupee depreciates to around 84.50 or so, we might see RBI intervening. The rupee depreciation, although good for exports, is not good for the imports to the...
by OverviewFX | Nov 7, 2024 | Industry
A delegation of PHD Chamber of Commerce and Industry (PHDCCI) met the officials of the Finance Ministry on Thursday. In its interaction with Sanjay Malhotra, Revenue Secretary and officials of Department of Revenue, Ministry of Finance, PHDCCI submitted suggestions...
