Gold prices jump over 2% to highest since February 2013 as coronavirus spread spurs safe-haven demand
• 5 years agoSpot gold was up 1.1 percent at $1,661.86 per ounce, after climbing to $1,678.58 earlier in the session. US gold futures rose 1 percent to 1,664.60.
Sensex tanks over 450 points, Nifty below 12,000-mark; coronavirus spread beyond China renews concerns over global growth
Fp Staff • 5 years agoTata Steel was the top loser in the Sensex pack, cracking over 4 per cent, followed by HDFC, ITC, ICICI Bank, Maruti, Hero MotoCorp, NTPC and PowerGrid.
IMF warns of global economic 'storm' as growth undershoots; says Sino-US trade tensions make global impact
• 6 years agoLast month, the IMF lowered its global economic growth forecast for this year from 3.7 percent to 3.5 percent.
Skies darkening over world economy with slow growth expected in 2019; rising risks: World Bank
• 6 years agoAccording to the World Bank report, global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook.
Petrol, diesel prices rise for second day in a row; crude oil falls by over $1 on oversupply concerns
Fp Staff • 6 years agoPetrol prices rose by 9-10 paise per litre while diesel became costlier by 7-8 paise per litre, according to data available on Indian Oil Corporation website.
IMF boss Christine Lagarde warns US against trade barriers; says global economy is in good shape
• 7 years agoPoor countries and poor people in rich countries have benefited from the surge in global trade over the past decade.
Tax evasion to global growth: What G20 summit will discuss in Brisbane
Fp Staff • 10 years agoApart from tax evasion, the G20 nations will also take up issues of global growth, ebola, climate change and energy security