RBI: The current fiscal year’s real GDP growth is 7.2%. 8/8/2024, RBI Governor Shaktikanta Das said during the bi-monthly monetary policy announcement that although sustained buoyancy in services activity would increase urban consumption, increasing agricultural activity would improve the outlook for rural consumption. Expecting a normal monsoon, the Reserve Bank of India kept its…
Morgan Stanley predicts that by Q4, gold prices will surpass $2,600. 20/7/2024, Gold has risen 50% from its 2022 lows and 25% since mid-February, and it is getting close to its record highs. Commodity strategists at Morgan Stanley (NYSE: MS) believe that the physical market is the main driver of this spike, with…
Gold records a record high as US rate-cut speculations boost demand. 17/7/2024, • Traders anticipate a 25 basis point drop in the Federal Reserve’s rate in September; • Kugler, the Fed’s cautiously optimistic inflation forecaster, has stated that the next target range for gold is $2,500. • Silver decreased by over 1%. Following recent remarks…
Bansal Wire had an amazing start, selling for 39% more than the issue price. 10/7/2024, is Indian stock market open today – The stock was listed on the National Stock Exchange (NSE) on Wednesday for Rs 356 per share, which represents a 39% increase over the Rs 256 issue price. Bansal Wire Industries’ shares…
