India’s gold imports saw a significant jump in May, reaching USD 3.41 billion. This surge was fueled by elevated gold prices and a recent increase in import duty. Conversely, silver imports experienced a sharp decline. These movements have contributed to…
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The global economy is holding strong despite the Middle East war’s impact. Commodity prices and inflation have risen, but a worldwide slowdown is not yet evident. The IMF chief noted this resilience. An agreement to reopen the Strait of Hormuz…
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“The technological advance cannot take away your employability. So you should equip yourself with trade skills. The globalising world gave us an advantage for our software, computer science or MBA education. But that era is over. It’s about trade skills.…
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Navneet Govil, the chief financial officer of SoftBank’s Vision Fund, is departing after a decade. His exit comes as the investment giant, known for its high-stakes bets on startups like WeWork, undergoes restructuring and shifts its focus towards AI. SoftBank…
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India plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if required to boost capital inflows. These actions follow recent tax relief and banking regulator initiatives aimed at strengthening the Indian…
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Fertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia prices may stabilize soon. Sulphur prices could remain high longer. Disruptions to shipping lanes have impacted imports. Restarting plants…
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