"After consolidating in a narrow range for around three months, global gold prices rallied during December and continued their positive momentum on the back of heightened political tension between the US and Iran. The initial part of the rally occurred alongside a weakening dollar and rising inflation expectations combined with still weak economic growth," said brokerage ICICI Direct in a report. … [Read more...] about Gold glitters: Experts say you can allocate 5-15% of your portfolio to the yellow metal
Bitcoin wipes out February gains amid selling pressure
According to analysts, the plunge also denounces the safe-haven appeal of the digital coin. Traditional safe-haven bets such as gold have remained steady amid rising coronavirus concerns. The yellow metal has held above $1,600 level in the international market and was trading with marginal gains on the Multi Commodity Exchange on February 27.The fact that BTC could not rally in the face of the advance by Gold prices and drop in equities was a "tell" pic.twitter.com/GpCiXjB5cD … [Read more...] about Bitcoin wipes out February gains amid selling pressure
Axis Bank appoints Puneet Sharma as CFO
Prior to joining Axis Bank, Sharma spent 12 years at Tata Capital as a senior management functionary and was the group CFO since 2014 accountable for financial control, financial planning & accounting and taxation amongst other deliverables, the statement said.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Axis Bank appoints Puneet Sharma as CFO
Fiat Chrysler lines up electric cars, SUVs for India
Partha Datta, President and Managing Director, FCA India, said, “FCA has electric at the global level. We are watching the Indian market. Today we are basically meeting consumer demand. When the consumer dictates that he wants us to bring them here then we have the technology. They are being developed as we speak. The current pipeline of products we have for India includes EVs.” … [Read more...] about Fiat Chrysler lines up electric cars, SUVs for India
Taking Stock: Market in the red for 5th straight session; Sensex, Nifty fall 3% in Feb F&O series
Alphageo: Alphageo (India) share price rose 3.63 percent after the company bagged a Rs 184-crore contract. The company received a notification of award (NOA) of contract from Vendanta for 2D and 3D seismic data acquisition services in Assam for an estimated contract value of Rs 184 crore, including taxes. … [Read more...] about Taking Stock: Market in the red for 5th straight session; Sensex, Nifty fall 3% in Feb F&O series
