Tag Archives: high

Gold rate today: Gold prices hit lifetime high of Rs 69,918/10g; 2024 gains Rs 6,600 so far | India Business News

[ad_1] Gold rate today: Gold prices reached a new all-time high on Thursday, influenced by global commodity prices. US Fed Chair Jerome Powell‘s statement, indicating that recent job numbers and higher-than-expected inflation wouldn’t change the central bank’s monetary strategy much, boosted investor confidence in gold, sparking increased buying activity.According to …

Read More »

Mfg activity hits 16-year high in March: Survey

[ad_1] NEW DELHI: Activity in the country’s manufacturing sector rose to a 16-year high in March on the back of strong increase in output and new orders, which augured well for overall economic growth, a survey showed on Tuesday.The HSBC India Manufacturing Purchasing Managers’ Index (PMI) climbed to 59.1 in …

Read More »

India’s Mission 2047: How India aims to become a developed economy – high speed expressways, electric mobility, digital payments & more

[ad_1] India’s Mission 2047 to be a developed economy: India is setting ambitious goals to transform into a developed economy by 2047, focusing on electric mobility, digital payments, and high-speed expressways, according to officials. Central ministries will soon outline five-year budget plans for better financial management. According to an ET …

Read More »

Why gold prices are rising to a record high

[ad_1] Gold rose to a record as indications the Federal Reserve is getting closer to cutting interest rates added impetus to a rally that’s also been driven by geopolitical tensions and robust Chinese demand.Bullion jumped to as much as $2,265.73 an ounce on Monday, up 1.6% from Thursday’s close, after …

Read More »

Gold hits a new record, best month in over 3 yrs

[ad_1] HYDERABAD: A week after it vaulted over the $2,200/oz mark in international markets for the first time, gold touched yet another life-high of $2,236 in the wee hours of Friday. In March, it has gained 9.3%, logging its best month since July 2020 (see graphic).Though MCX remained closed on …

Read More »

India’s forex reserves hit record high

[ad_1] MUMBAI: India’s foreign exchange reserves rose for a fourth straight week to hit a record high of $642.49 billion as of March 15, central bank data showed on Friday. The reserves rose by $6.4 billion in the reporting week, after rising $20 billion in the previous three weeks. The …

Read More »