Tag Archives: coronavirus crisis

Gold Futures Rise To Touch Rs 43,550/10 Grams Mark Amid Coronavirus Fears

Gold Futures Recover Most Of Day

According to industry body IBJA, the gold jewellery rate stood at Rs 43,123 excluding GST Gold Rate On April 1: Gold prices rose on Wednesday tracking international rates as India entered the eighth day of a 21-day lockdown to fight the spread of the coronavirus pandemic. MCX gold futures rose …

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Gold Price Rises Over 1% On Flight To Safety Driven By Coronavirus fears

Gold Rate Jumps To Record High Amid Weakness In Rupee

Gold is considered an attractive investment during times of political or economic uncertainty Gold rose more than 1 per cent on Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot gold was up 1.4 …

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Coronavirus Lockdown May Hurt Government’s Plan to Sell Record Bonds

Coronavirus Lockdown May Hurt Government

The government on Tuesday said it will sell Rs 4.88 lakh crore of bonds in the six months to September With India in the throes of an unprecedented lockdown, Prime Minister Narendra Modi’s record borrowing program may face a rough start. The government on Tuesday said it will sell Rs …

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Turbulence For Airplane Manufacturers, Suppliers Amid Virus Shockwave

Coronavirus Crisis: Airplane Makers Boeing, Airbus Take Production Hit Amid Tight Supply

Moody’s expects airline passenger volumes to fall by 25-35% this year Sydney/Montreal: The coronavirus (COVID-19) pandemic is taking its toll on aerospace manufacturing, as Boeing Co announced it would halt production of most wide-body jets and Airbus SE restarted only partial output after a four-day shutdown as suppliers cut jobs. …

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RBI May Soon Allow Repurchase Ops In Corporate Bonds, Says Report

Economic Remedies For The Coronavirus Across The Globe

The RBI earlier launched long-term repo operations to boost rupee liquidity Mumbai/New Delhi: Authorities are considering allowing corporate bonds as collateral for repurchase operations as they seek to cool the recent spike in corporate borrowing costs in the wake of the coronavirus outbreak, two sources told news agency Reuters. “We have …

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