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Gold demand in India expected to be 700-800 tonnes in 2024: WGC India CEO Jain

New Delhi, June 3 -- Gold remains a favoured hedge, with demand not shrinking despite prices shooting up. The demand for gold in India in 2024 is likely to be similar to last year, Sachin Jain, the ch... Read More


Gold demand to be steady despite rising prices: WGC

New delhi, June 3 -- Gold remains a favoured hedge, with demand not shrinking despite prices shooting up. The demand for gold in India in 2024 is likely to be similar to last year, Sachin Jain, chief ... Read More


Gold demand to be steady despite rising prices: WGC

New delhi, June 3 -- Gold remains a favoured hedge, with demand not shrinking despite prices shooting up. The demand for gold in India in 2024 is likely to be similar to last year, Sachin Jain, chief ... Read More


India's May factory growth slips to three-month-low but stays strong, says PMI data

NEW DELHI, June 3 -- India's manufacturing activity slipped to a three-month low of 57.5 in May as intense heatwaves led to reduced working hours, impacting volumes, according to a survey by S&P Globa... Read More


Weak global demand, geopolitical tensions could hurt the economy: ADB India head

New Delhi, May 30 -- India's economic performance remains robust, but weak demand in advanced economies could hit export growth, while disruptions to oil supplies could raise energy costs and inflatio... Read More


First S&P outlook hike in 14 yrs sparks better ratings hopes

new delhi, May 30 -- S&P Global on Wednesday sparked hopes for a long-awaited sovereign ratings upgrade for India, raising its country outlook to positive from stable after 14 years. The global ratin... Read More


ADB's sovereign lending to India stood at $2.6 bn in 2023

New Delhi, May 29 -- The Asian Development Bank (ADB) has made commitments worth $2.6 billion in 2023 to fund the government's priority agendas like job-creation, infrastructure-building, green growth... Read More


S&P Global revises Indian economy outlook to positive

NEW DELHI, May 29 -- Rating Agency S&P Global on Wednesday raised its outlook for the Indian economy to positive, stating sound economic fundamentals, robust growth momentum and government spending fo... Read More


Spending on rural job guarantee scheme MGNREGS overshoots FY24 estimates by 23%

New Delhi, May 27 -- Spending under the government's flagship rural job guarantee scheme in FY24 has overshot its revised budget estimates by about Rs.20,000 crore, or 23%, according to data from the ... Read More


Central loans from the pandemic era are about to get even bigger

New Delhi, May 27 -- The Union government plans to significantly scale up interest-free loans given to states, two people familiar with the matter said, leveraging a pandemic-era fix to nudge states t... Read More