The loftiest shot India’s Reliance Capital, which is witnessing bankruptcy proceedings, entered was 60 below its aggregate liquidation value, the Anil Ambani- led company’s director has let its lenders know, the Economic Times reported on Friday. The Reserve Bank of India supplanted the board of Reliance Capital last time, saying it would initiate ruin proceedings […]
Gold Price Today: Yellow metal under pressure amid global growth crisis, weak economic data
Gold prices edged higher on September 24 after falling quite 1% within the previous session, helped by a subdued dollar, although Federal Reserve’s plans on reducing stimulus to the US economy kept the bullion on target for a 3rd straight week of declines. On the Multi-Commodity Exchange (MCX), October gold contracts were trading flat, marginally lower by 0.06 percent at Rs 46,030 for […]
Signs of world economy emerging from Covid impact, says RBI Governor Shaktikanta Das
There are signs that the word is emerging from the impact of coronavirus pandemic, said Federal Reserve Bank of India (RBI) Governor Shaktikanta Das on September 22, while speaking at the 48th AIMA National Management Convention. Covid-19 may be a watershed event in our era, Das said, adding it’s caused widespread devastation of lives and livelihoods. There are only a few parallels to the […]