Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Gold Silver Reports — Rupee Optimism Holds Despite Shock Slowdown in India Growth — The shock slowdown in India’s growth has economists rushing to cut their estimates for the end of the year. Their pessimism isn’t shared by currency strategists who are raising forecasts for the rupee.
Gold Silver Reports — India Consumer Prices Rise 3.36%, More Than Forecast — India’s August inflation rate accelerated to the fastest since March, exceeding expectations ahead of the central bank’s policy review in October.
Gold Silver Reports — Bracelets for Men That Complement Any Outfit — There was a time, not very long ago, when the western world looked dubiously on a man wearing a bracelet. At best, it was a style reserved for dads displaying the summer camp craft projects of their precious progeny or for kind people using their wrists to lend a hand in raising awareness of a disease.
Gold Silver Reports — Stocks Fall as Korea Tensions Flare — Stocks fell and gold and the yen climbed as geopolitical tensions flared up again, with U.S. President Donald Trump weighing new economic sanctions that could target China after a nuclear test Sunday by North Korea. The dollar dropped for a third day.
Gold Silver Reports — Bank Borrowings Fall off the Map in June Quarter — The Reserve Bank of India’s (RBI) annual report contains another nugget of information that shows up the dismal state of the economy in the June quarter. The total flow of funds to the commercial sector declined by Rs27,300 crore during the first quarter of the current fiscal year (FY18), which shows that companies paid off past debt rather than borrow.
Gold Silver Reports — The Reserve Bank of India (RBI) has sent commercial banks a second list of at least 26 defaulters with which it wants creditors to start the process of debt resolution before initiating bankruptcy proceedings, three bankers aware of the development said.
Gold Silver Reports — As the world’s top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low.