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Gold buying surges in India as prices down ₹10,000 from record highs Premium 1 min read Share Via Read Full Story Physical gold demand in India witnessed a surge this week as prices dropped close to 8-month lows. On Friday, gold futures on MCX settled near ₹46,190 after a sharp drop of about ₹1,200 this week. After a over 25% surge in 2020, gold prices have corrected sharply this year. So far they are down about ₹4,000 from the start of the year and as compared to August highs of �...

Jaishankar, who will be in the country for two days, will call on President Prithvirajsing Roopun and Prime Minister Pravind Jugnauth.During his visit, he will review all aspects of bilateral relations, ongoing implementation of various infrastructure projects being carried out by India in Mauritius

HSBC’s top executives prepare move to Asia after announcement of 2020 earnings Premium (Bloomberg) . Updated: 21 Feb 2021, 05:16 AM IST Bloomberg The coming reset comes just 12 months after an overhaul that called for cutting 35,000 jobs, about 15% of the total, over three years. But Chairman Mark Tucker told the Asian Financial Forum conference in January that the pandemic has upended those plans Share Via Read Full Story HSBC Holdings Plc is considering the return of some global leaders t...

Iran says talks with US possible once it returns to deal US President Joe Biden . Updated: 21 Feb 2021, 07:31 PM IST Bloomberg The move, an effort to pressure the Biden administration to reverse bruising Trump-era sanctions, is likely to make concessions by either side more difficult Share Via Read Full Story Iran said it won’t negotiate with the US until it rejoins the nuclear deal, digging in to longstanding positions as it nears a crucial deadline to restrict nuclear inspections? “Onc...

UKs Cairn hopeful of swift solution in $1.2 bn-plus tax tussle with India This month, Cairn filed a case in a U.S. district court to enforce the arbitration award, taking an initial step in its efforts toward recovering duesPremium 1 min read Devjyot Ghoshal , Reuters Cairn said it had held cordial and constructive discussions with officials from the Indian finance ministry The Indian government welcomes Cairns move to reach out for a resolution but plans to file an appeal against the arbitrat...

India, China affirm completion of disengagement of troops Premium India, China have been locked in a face-off in the Doklam area for the last 50 days after Indian troops stopped the Chinese People’s Liberation Army (PLA) from building a road in the area. Photo: AFP 3 min read Share Via Read Full Story New Delhi: Senior military commanders of India and China on Sunday agreed to continue discussions to further stabilize the border areas in Ladakh and carry on the momentum post the withdrawal of...

Trump to speak at conservative meet in first post-White House appearance Premium . Updated: 21 Feb 2021, 07:11 AM IST AP He is expected to use the speech to talk about the future of the Republican Party and the conservative moment, as well as to criticize President Joe Biden’s efforts to undo his immigration policies Share Via Read Full Story Donald Trump will be making his first post-presidential appearance at a conservative gathering in Florida next weekend. Ian Walters, spokesman for the...

Centre invites comments on allowing sale of 50% coal from captive blocks The ministry has invited comments from the state governments of coal-bearing states and stakeholders/general public on the said proposals 1 min read Share Via Read Full Story The central government is planning to permit the sale of 50% of coal/lignite produced by captive blocks, the Union ministry of coal said in a statement. The move is aimed at augmenting the production and increasing the availability of dry fuel. The mo...

Jalan-Kalrock consortium plans to keep Jet listed, brand unchanged Premium 3 min read We got the airline at a very competitive price due to the covid situation. Our cost is going to be much less than any other airline in the future. This is because we are going to start the airline without any liabilities. Share Via Read Full Story MUMBAI/NEW DELHI : The consortium consisting of asset management firm Kalrock Capital and entrepreneur Murari Lal Jalan, who are currently awaiting an approval from ...

Semiconductor shortage leaves U.S. lawmakers seeking elusive fix A 300 millimetre silicon wafer in the clean rooms at the Globalfoundries semiconductor fabrication (fab) plant in Dresden, Germany, on Thursday, Feb. 11, 2021. The EU outlined a goal last year to produce at least one-fifth of the world�s chips and microprocessors by value, without giving details on how this would be achieved. Photographer: Liesa Johannssen-Koppitz/Bloomberg (Bloomberg)Premium . Updated: 21 Feb 2021, 07:25 PM IS...