Gold Silver Reports – Narendra Modi Wants a Bigger Global Role for India – Narendra Modi will become the first Indian prime minister in two decades to attend a meeting of the world’s rich and powerful in Davos, trying to carve out a bigger global role for the South Asian nation while convincing investors that his economic reforms back home are a success.
India
India Gold Imports Said to Rebound Amid Signs India’s Tax Woes Fading
Gold Silver Reports – ✅ India Gold imports by India, the world’s second-biggest market after China, surged 37 percent in December after falling for three straight months, according to a person familiar with the data.
India’s Current Account Deficit Shrinks More Than Estimated
Gold Silver Reports – India’s current account deficit narrowed more than estimated last quarter, which could help the rupee before an expected rise in interest rates by the U.S. Federal Reserve.
Rupee Scales New 2-Month High of 64.50
Gold Silver Reports -✅ Rupee Scales New 2-Month High of 64.50 — Showing resistance against early volatility, the rupee on Monday surged by a hefty 20 paise to end at a fresh two-month high of 64.50 even as S&P kept India’s credit rating unchanged. The rupee marked its best closing since September 20. It had tumbled to a low of 64.83 in early trade.
Moody’s has Raised India Credit Rating From the Lowest Investment
Gold Silver Reports – Credit rating company Moody’s Investors Service on Friday upgraded India’s sovereign rating by a notch in a ringing endorsement of the Narendra Modi government’s reforms policy.
Where are you in India’s wealth distribution?
Gold Silver Reports – Where are you in India’s wealth distribution? – Credit Suisse’s latest annual Global Wealth Report says India is home to 245,000 dollar millionaires. The country has a share of 0.7% of the global top 1% by wealth, who collectively own half the world’s total wealth. In India, 340,000 adults are part of this elite group. There are 1,820 adult Indians who have wealth over $50 million, and, at the very apex, 760 have more than $100 million.