Oil prices have surged to two-month highs – $31 a barrel yesterday – on growing signs of a rebound in oil demand, as the easing of lockdowns spread worldwide. At its peak in April, global lockdown measures affected around 3.9 billion people. But an estimated 3.7 billion people are now living in areas that are experiencing […]
India’s Finance Minister Nirmala Sitharaman recently announced a slew of reforms and financial initiatives to kickstart the economy ravaged by the Covid -19 pandemic and subsequent lockdown of the country. As part of the government’s stimulus package, a one-time liquidity injection of Rs 900 billion has been earmarked for power distribution companies (discoms), which have […]
Gold prices hitting the roof with each bad news during this pandemic crisis is evident. The well-accepted theory that the yellow metal shines when real interest rates are very low or even negative is coming true for gold. So far this year, the gold price has gone up by over 12% on the back of a surge in […]
The COVID-19 virus shows all indications of disrupting every individual’s life habits. While social isolation is largely voluntary so far, the fear of the disease is also coercing some to ostracise others who may show related symptoms, Pawanexh Kohli writes. The helplessness factor has also initiated a blame-game of sorts, with a few even allocating […]
In the midst of a global pandemic of epic dimensions, one is hesitant to write about the narrow subject of petroleum. It seems so trivial. But then, if there is one certainty, it is that human ingenuity and technology will push us, sooner (hopefully) than later, into a post-COVID world. And at that time, India will, once […]
The government must start planning now to prevent post-lockdown chaos, especially profiteering in the event of shortages. Smooth recovery from the lockdown is as important as managing supplies during the lockdown, Vijay Sardana writes in The Indian Express admin
Over the last one year, gold prices have risen by 22.22% (data as on 4th Oct 2019). The chart below shows the rising gold prices over the last one year. A good portfolio approach is to have 5% to 10% of one’s portfolio always in gold. That is the advice we give to anybody who […]
Recycled gold is an important source of gold supply.1 In 2018, the volume of recycled gold reached 1,168t, accounting for over 25% of total supply globally. Recycled gold is also an important source of supply in China, amounting to 146t, or 20% of domestic supply in 2018. Recently, China’s recycled gold market has experienced some exciting […]
When Indian Prime Minister Narendra Modi first came to power five years ago one of the high points was his extraordinary luck with oil prices, which nearly halved within a space of a few months. But that luck may well run out in his second term due to conditions not in his control, creating critical […]
Delayed rains and a heat wave over northern India have raised worries about whether rice production and exports from the World’s No. 1 supplier will dry up this year. But the bigger worry is not poor weather conditions, but rather a war-like situation near Iran. Monsoon rains have arrived over southern India, albeit with a […]
