The Reserve Bank of India sold as much as $12 billion in May in the spot and forward markets together — the highest ever combined sale of dollars — as foreign fund outflows increased and trade war and interest rate hike fears threatened to drive markets lower.
Live News
Get real-time live news on stocks, commodities, economy, and global financial markets. Stay ahead with instant updates and expert insights. – Gold Silver Reports (GSR)
N.Korea says if Trump administration adheres to old scenarios it cannot expect any progress on denuclearization -KCNA citing foreign ministry
N.Korea says some senior U.S. administration officials engaged in sanctions and pressure campaign against N.Korea
U.S. to Raise Tariffs on $16 Billion of China Goods on Aug. 23
Gold Silver Reports (GSR) – President Donald Trump has suggested he may tax effectively all imports of Chinese goods, which reached more than $500 billion last year.
UK to Use Trump as Secret Weapon in Brexit Talks?
Gold Silver Reports (GSR) – It seems that the Bloomberg story here implies that the UK wants to aim for a later deadline in Brexit talks in hopes that the EU will be so preoccupied with the prospect of Trump disrupting the G-20 summit that they will want to a Brexit deal wrapped up.
Banks Collect Rs 5,000 Crore From Minimum Balance Penalty
Gold Silver Reports (GSR) – As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data.
Senior Executive Of Nirav Modi Firm Gets Bail : PNB Scam
Gold Silver Reports (GSR) – Ambani, president of finance at Modi’s firm Fire Star Diamond, was arrested by the Central Bureau of Investigation in February this year. According to the CBI, Ambani was aware of the fraudulent letters of undertaking issued by PNBs former deputy manager Gokulnath Shetty in favour of Modi’s firms.
Breaking News : China Reserves Rights For More Retaliation Measures: MOFCOM
Breaking News : China Reserves Rights For More Retaliation Measures: MOFCOM China Govt Says It Will Immediately Impose The Import Tax Measures If The U.S. Starts …