India Gold Imports Are Said to Have Slumped for Fifth Month

Gold Silver Reports (GSR) – India Gold Imports Are Said to Have Slumped for Fifth Month — India’s gold imports shrank 39% in May, according to a person familiar with the information, the fifth month of decline as the world’s second-largest consumer enters a seasonally weak period for demand. Imports contracted to 77.6 tonnes from 126.2 tonnes a year earlier, the person said, asking not to be identified as the figures aren’t public. The purchases exceeded the 52.7 tonnes in April and are the highest so far this year.

Read More →

RBI Monetary Policy Prediction Today

Gold Silver Reports (GSR) – RBI Monetary Policy Prediction Today: Indian Stock Market would open flat with negative bias. Technically, Nifty also entered into negative zone. BankNifty is still in negative zone. Now, today RBI Policy would be disclosed and it would affect Indian Stock Market direction. Street expect Rate hike this time.

Read More →

Flipkart Deal: Tax Department Will Act Once Walmart Obtains Regulatory Nod

Flipkart Deal: Tax Department Will Act Once Walmart Obtains Regulatory Nod

Gold Silver Reports (GSR) – Flipkart Deal: Tax Department Will Act Once Walmart Obtains Regulatory Nod — E-commerce major Flipkart has shared some details with the income tax authorities on its $16-billion deal with U.S.-based Walmart, but the Income Tax Department will act only after regulatory approvals have been obtained, an official said.                   

Read More →

Donald Trump: June 12, 2018 Meeting with North Korea’s Kim Jong Un Back on

Donald Trump: June 12, 2018 Meeting with North Korea's Kim Jong Un Back on

Gold Silver Reports (GSR) – Donald Trump: June 12, 2018 Meeting with North Korea’s Kim Jong Un Back on — One week after abruptly canceling a meeting with North Korean leader Kim Jong Un, President Donald Trump announced the June 12 summit is back on. But he tamped down expectations that one meeting will be enough to solve all the problems between the two nations.                

Read More →