INDIAN ECONOMY IS EXPECTED TO GROW IN 2019

World Bank is expecting a rise in India’s GDP in the fiscal year 2019-20. With improved performance in export and consumption expenditure the GDP can accelerate to 7.5% from 7.2% in the year 2018-19

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GOLD SHOWED AN UPTREND IN FUTURES TRADE

After heavy decline from few days Gold showed a rise today and is trading with heavy gains in futures market on Monday.

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NO VISIBLE SIGNS FOR HEAVY DECLINE ON GOLD TODAY

Gold has risen and showed no signs of early decline.

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GOLD CAN SHOW POSITIVE GROWTH IN FUTURE

Gold rose on Wednesday witnessing the highest growth in last two weeks. Due to falling dollar and getting a green signal from Brexit chaos, Gold has managed to show a rise today though this is a temporary rise in the prices. Weaker U.S economic growth is affecting the U.S dollar will ultimately pull up the…

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ONLINE FRUAD BY HOTELS: VARIOUS LOOT CASES BY PAYTM

There has been series of events when people have been cheated online by major e-commerce giant Paytm while booking hotels. Recent case of this fraud has came out when one of their client had been looted by their inappropriate policies. There has been different pricing of the same hotel in multiple sites. The same room…

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NEW LAUNCHES IN AUTOMOBILE SECTOR

 Several new models of automobiles are soon going to launch in Indian market involving, a purely electrically powered sports car from Porche, a new generation Ford Figo and Triumph Tiger 800 XCa. Taycan, the first electric sports car from Porche has grown a high demand amoung consumers as 20,000 people already showed a major interest…

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DOLLAR SHOWED TEMPORARY GROWTH DUE TO WEAKNESS IN FOREIGN CURRENCIES

On Friday, Dollar has managed to recover due to weakness in foreign currencies rather than recovering from its actual strength. Brexit held back the British pound although it was Euro and Canadian dollar who managed to rise over the past couple of days. Despite this week’s U.S data, the dollar index reached to new high…

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DONALD TRUMP DECIDED TO END TRADE AGREEMENT WITH INDIA

U.S. President Donald Trump decided to set a new front in the trade war by ending preferential trade agreement with India that allows duty free entry of $5.6 billion worth of country’s exports in United States. Although, United States trade deficits has repeatedly called out India for high tariffs. According to Trump, India has not…

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U.S DOLLAR SHOWED VARIATIONS DUE TO U.S-CHINA TRADE DEAL

Traders on Tuesday expects that China and United States are moving closer to the trade deal when the Dollar rose against some major currencies that could end sparring between both the nations. The gap between United States and Germany has widened by 17 basis points reaching to 257 in 2019. The United States and China…

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Current economy status

Now when the United States and China are close to strike their tariff deal to end their trade war, the Dollar elevated on Monday. It is expected that United States would lift most or all of its tariffs on China. A summit between presidents of both countries is expected to happen this month. Trump has…

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