Indian Economy on Recovery Path

Gold Silver Reports — Ahead of the meeting of finance ministers and central bank governors of G20, the IMF said India’s economy is on a recovery path while cautioning that any deceleration in the pace of reforms will weigh on growth.

In a surveillance report released on Thursday, the IMF said lower oil prices, positive policy actions and improved confidence have helped India’s growth prospects. 

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Fed Rate Moves to Block Out

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Gold Silver Reports — The U.S. economy should be solid enough to merit an interest-rate increase this year, and the central bank won’t cave to political pressure to refrain from tightening during a presidential election year, said John Williams, president of the Federal Reserve Bank of San Francisco.

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Calls for Everyone’s Favorite Standard Are Back; Make America Gold Again

Gold Silver Reports — The gold standard is one of the oldest ideas about money, but the hardest of hard-money hawks sense an opening to breathe new life into it. Decades ago, the amount of cash circulating in a country was often limited by the stash of bullion held in its coffers.

Especially since 2008, developed-world policy has headed in the exact opposite direction, expanding the powers of central banks to stoke growth. Helicopter drops of money, potentially the next new thing, would be a giant leap further.

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Delhi Leader Kejriwal Took Action to Reduce Air Pollution

Delhi Leader Kejriwal Took Action to Reduce Air PollutionGold Silver Reports ~ In a city where motorists routinely run red lights and drive on the wrong side of the road, many doubted the feasibility of Delhi leader Arvind Kejriwal’s plan to roughly halve the number of cars in India’s capital in a bid to reduce air pollution.

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