Vedanta Set For Its Longest Losing Streak In Over Three Months

Gold Silver Reports (GSR) – Vedanta Set For Its Longest Losing Streak In Over Three Months – Shares of the metal maker extended its decline for the seventh straight session today, its longest losing streak since March 9. The stock fell as much as 3.3 percent to hit a 52-week low at Rs 230.65 apiece.

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The World Cup Is On. Here’s What You Need to Know

Gold Silver Reports (GSR) – Who’s not at the World Cup in Russia? Teams from Italy, the Netherlands and the U.S., which all failed to qualify. Prince William and Prime Minister Theresa May, since U.K. officials are boycotting the event. And many of the FIFA members who controversially voted for Russia to host the event, as most of them are now banned from soccer, under investigation for corruption, deceased or have otherwise moved on. Who’s at the monthlong soccerfest? Thirty-two national teams, two all-time-great players (Argentina’s Lionel Messi and Cristiano Ronaldo of Portugal), hundreds of thousands of foreign fans and, for the first time, a bunch of “video assistant referees.” The world’s most-watched sports event got underway June 14 at Moscow’s Luzhniki stadium, the same venue that will stage the July 15 final.

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NSE-SGX Arbitration Order Unlikely This Year

NSE-SGX Arbitration Order Unlikely This Year

Gold Silver Reports (GSR) – NSE-SGX Arbitration Order Unlikely This Year — The dispute stems from NSE’s decision to terminate its data-sharing pact with its Singapore partner. The Indian bourse, along with two other domestic exchanges, decided to stop sharing data with foreign peers to prevent volumes from shifting overseas and to promote trading in GIFT City, the international financial hub in Gujarat. Since such contracts are used by foreign investors to hedge their position in India, SGX decided to offer derivatives mirroring NSE’s indices based on public data.            

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