Gold Silver Reports (GSR) – China, Canada and Hong Kong are among the economies most at risk of a banking crisis, according to earlywarning indicatorscompiled by the Bank for International Settlements.
Air India completes Boeing deal, takes delivery of 23rd Boeing 777
Gold Silver Reports (GSR)- Mumbai: Disinvestment-bound flag carrier Air India has taken delivery of its 23rd and the last Boeing 777 plane which can be used …
Trade War Pain for Asian Currencies to Shine Light on Deficits
Gold Silver Reports – Trade War Pain for Asian Currencies to Shine Light on Deficits – The current-account deficit is making a comeback as a reason to sell some Asian currencies, according to Credit Suisse Group AG.
Indian Bank, Union Bank Classify State Trading Corporation Account As NPA
Gold Silver Reports (GSR) – Indian Bank, Union Bank Classify State Trading Corporation Account As NPA – Indian Bank and Union Bank of India have rendered the accounts of State Trading Corporation (STC) as non-performing asset because of non-payment of interest on loans.
RBI Initiates Special Audit Of State-Run Lenders With Focus On Trade Finance
Gold Silver Reports (GSR) – RBI Initiates Special Audit Of State-Run Lenders With Focus On Trade Finance – Rattled by spate of banking frauds, RBI has initiated specialaudit of state-owned lenders withfocus on trade financingactivities, especially relating to issuance of letters of undertakings (LoUs) by them, banking sources said.
Australia Denies Security Deal Was Behind U.S. Tariff Exemptions
Gold Silver Reports – Australia Denies Security Deal Was Behind U.S. Tariff Exemptions — Australian Minister for Trade and Investment Steven Ciobo denied that Australia struck a security agreement with the U.S. to get exempted from tariffs on steel and aluminum announced by President Donald Trump.
Gold Price in New Delhi – March 11, 2018
Gold Silver Reports (GSR) – Gold Price in New Delhi – March 11, 2018 — Gold price in Delhi has been seeing some momentum, since thestart of the year. This is because, equity marketstook a beating at the start of the year, which pushed investors to invest in safe haven asset like gold.