Bank credit in India has been driven by the growth in personal loans which hints at increasing household leverages. These leverages had probably led to exponential rise in the domestic asset prices. This may be attributed either to the changing mindset or overstated economic prospects. It is difficult to deny both possibilities with the information … Read more
Technical posture for gold remains bullish – analyst India slashes import tax on gold, silver Focus on US PCE data on Friday July 23 – Gold prices edged up on Tuesday and were set to break a four-day losing streak, as investors awaited U.S. economic data due later this week for more clarity on the … Read more
May CPI data unexpectedly flat * Oracle up on double-digit FY25 revenue growth forecast * Indexes: Dow down 0.02%, S&P 500 up 1%, Nasdaq up 1.7% By Caroline Valetkevitch NEW YORK, – The S&P 500 and Nasdaq trimmed gains slightly and the Dow turned a bit lower after the Federal Reserve projected only a single … Read more