Central banks globally, including India, are increasing gold reserves to diversify holdings and hedge against economic uncertainties. From 2009 to 2024, collective gold holdings grew significantly, with Russia, Egypt, and Argentina lead ...more
32 Airports Closed In India: A total of 32 airports across northern and western India have been temporarily closed for all civil flight operations till 14th May 2025 (which corresponds to 0529 IST on 15th May 2025).
32 Airports Closed: A total of 32 airports across northern and western India have been temporarily closed for all civil flight operations till 14th May 2025 (which corresponds to 0529 IST on 15th May 2025).
The gold reserves also witnessed a hit, decreasing USD 2.545 million to USD 81.82 billion during the reporting week.
The consumer goods segment, which hinges on trust, is where the Tatas have the right to succeed, says Sunil D’Souza, MD and CEO, Tata Consumer Products
India's foreign exchange reserves experienced a decrease of $2.06 billion, bringing the total down to $686.06 billion, ending an eight-week streak of gains. This decline was primarily driven by a drop in gold reserves, offsetting a slig ...more
Market diversification beyond the traditional buyers in the Middle East and the UK into Africa, South-East Asia, and Latin America will be crucial in spreading risk and unlocking new growth
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