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Gold Prices Today: Yellow metal to stay range-bound amid volatile global markets; softer dollar to lend support

June 21, 2022 by www.moneycontrol.com

Gold, Gold prices, commodity prices Gold prices edged up on Tuesday in the international markets as the dollar eased, while investors kept a keen eye on posturing from major central banks on interest rate hikes for a clearer outlook for bullion. Spot gold was up 0.2% at $1,841.13 per ounce by 0200 GMT, after largely range-bound trading on Monday. US gold futures firmed 0.1% to $1,842.90. At 9.37am, gold contracts were trading 0.2 percent higher at Rs 50,836 for 10 grams on the Multi-Commodity Exchange ( MCX ), while silver added 0.46  percent to Rs 61,021 a kilogram. Gold and silver prices on Monday traded flat to negative and the price of the precious metal was struggling at a previous support zone as US markets were on holiday. In international markets gold settled at $1,840.60, down by 0.07% and silver was settled at $21.59, down by 0.20%. In domestic markets also gold settled at Rs 50,735 with a loss of 0.19% and silver settled at Rs 60744 with a loss of 0.32%, said … [Read more...] about Gold Prices Today: Yellow metal to stay range-bound amid volatile global markets; softer dollar to lend support

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Gold Prices Today: Experts see range-bound movement in yellow metal; support around Rs 50,200

June 22, 2022 by www.moneycontrol.com

Representative Image Gold prices eased on Wednesday in the international markets as the dollar firmed up, although bullion still traded in a narrow range as investors awaited fresh cues from top central banks on their monetary policy plans, especially from the US Federal Reserve. Spot gold fell 0.3 percent to $1,827.03 per ounce by 0231 GMT, extending losses to a fourth straight session. US gold futures dropped 0.6 percent to $1,828.10. At 9.33am, gold contracts were trading 0.33 percent lower at Rs 50,595 for 10 grams on the Multi-Commodity Exchange ( MCX ), while silver was down 1.3  percent to Rs 60,476 a kilogram. Gold prices traded weak on Wednesday with spot gold prices at COMEX were trading 0.31 percent down near $1,828 per ounce in the morning trade. Gold prices fluctuated below $1840 per ounce struggling to find a way on stronger dollar despite of weaker bond yields. The market sentiments are mixed over recession worries and aggressive Fed stance, said Tapan … [Read more...] about Gold Prices Today: Experts see range-bound movement in yellow metal; support around Rs 50,200

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Nadda seeks opposition leaders’ support for Droupadi Murmu’s candidature in Presidential poll

June 24, 2022 by www.moneycontrol.com

BJP president JP Nadda (File image) BJP president J P Nadda on June 24 reached out to various opposition leaders and sought their support for the NDA's presidential candidate Droupadi Murmu. Sources said Nadda called up Congress leaders Mallikarjun Kharge and Adhir Ranjan Chowdhury, former prime minister and JDS leader H D Devegowda while seeking to build a consensus on Murmu's candidature. Sources add that Nadda has also called NC leader and former Jammu and Kashmir chief minister Farooq Abdullah and some other opposition leaders. Murmu herself had earlier called senior opposition leaders including Sonia Gandhi, Sharad Pawar and Mamata Banerjee and sought their support for her candidature for the top constitutional post in the country. Murmu, if elected, would be the first tribal and the second woman to occupy the post of President of India. … [Read more...] about Nadda seeks opposition leaders’ support for Droupadi Murmu’s candidature in Presidential poll

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Opposition parties unite to pick Yashwant Sinha as presidential nominee

June 22, 2022 by www.moneycontrol.com

File image of former Union minister Yashwant Sinha Seventeen major Opposition parties on June 21 reached a consensus on pitching former Union minister Yashwant Sinha as their joint candidate for the presidential polls. "We have unanimously decided that Yashwant Sinha will be the common candidate of the Opposition for the presidential elections," Congress leader Jairam Ramesh, who attended the meeting of Opposition parties in New Delhi, told the media. "We are going to file the nomination for the presidential elections on 27th June at 11.30 am," added Sharad Pawar, the Nationalist Congress Party (NCP) chief, who also attended the meet. In a joint statement, the Opposition bloc also appealed to the Centre-ruling Bharatiya Janata Party (BJP) and its allies to extend support to Sinha, in order to get him elected unopposed. "Ideally, a consensus candidate of the government and the Opposition should be elected for the highest office of the Republic. However, the initiative … [Read more...] about Opposition parties unite to pick Yashwant Sinha as presidential nominee

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EchoStar cuts 100 employees, another 1,800 moving to Dish Network

February 28, 2017 by www.denverpost.com

Fallout from a strategic decision between Dish Network and EchoStar Corp. to trade a few assets is hitting home for many EchoStar employees. Make that former EchoStar employees. The two Douglas County-based companies are swapping certain business units that would give Dish most of the video side of EchoStar, including the rest of online video service Sling TV plus the set-top box business that includes the ground-breaking Slingbox. The trade, announced Jan. 31, will also result in “fewer than 100” EchoStar employees losing their jobs, plus a reported end to manufacturing of Slingbox. Another 1,800 EchoStar employees will move to Dish following the trade, which was completed Tuesday. “EchoStar implemented a small reduction in force in late January, in response to recent changes in the marketplace,” said Michael T. Dugan, CEO and president of EchoStar Corporation, in a statement e-mailed to The Denver Post on Tuesday. “This reduction in force has impacted fewer than 100 of … [Read more...] about EchoStar cuts 100 employees, another 1,800 moving to Dish Network

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Johnson: Cost of Russian victory in Ukraine is too high

June 26, 2022 by www.theedgemarkets.com

Boris Johnson - A + A SCHLOSS ELMAU (June 26): World leaders must recognise the price of supporting Ukraine including the surge in energy and food costs but must also acknowledge that the price of allowing Russia to win would be far higher, British Prime Minister Boris Johnson said. Speaking at the start of a Group of Seven summit on Sunday, Johnson said the West needs to maintain its unity in the face of Moscow's aggression. "In order to protect that unity, in order to make it work, you've got to have really, really honest discussions about the implications of what's going on, the pressures that individual friends and partners are feeling," he told reporters. "But the price of backing down, the price of allowing [Russian President Vladimir] Putin to succeed, to hack off huge parts of Ukraine, to continue with his programme of conquest, that price will be far, far higher. Everybody here understands that." Read also: Russian missiles shake Kyiv as world … [Read more...] about Johnson: Cost of Russian victory in Ukraine is too high

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Henrik Stiesdal helped create wind power as we know it. Will he usher in its next chapter?

June 24, 2022 by www.fastcompany.com

Henrik Stiesdal was technically on holiday when the bright-yellow floating steel platform he designed set off on its maiden voyage across the North Sea in late July 2021 with a single wind turbine mounted on top. advertisement advertisement The contraption—a hulking 740 feet tall and weighing several thousand tons—represented the culmination of five years of work for Stiesdal and his small team, who had endlessly tested and tinkered with the design so that the turbine and its platform would withstand the harsh conditions at sea. The wider energy industry was watching the launch, too. While other companies had set up similar projects, none had the cachet of Stiesdal’s. A legendary figure in the renewables industry, the 65-year-old Dane was one of a few pioneers who championed the three-bladed turbine in the late 1970s, paving the way for wind power’s expansion as one of the world’s dominant sources of renewable energy. advertisement … [Read more...] about Henrik Stiesdal helped create wind power as we know it. Will he usher in its next chapter?

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Ricci Rivero to draw inspiration from OFWs in Taiwan stint

June 26, 2022 by sports.inquirer.net

Ricci Rivero. UAAP PHOTO MANILA, Philippines — Signing with Taoyuan was worth the wait for Ricci Rivero after he stayed focused and committed to complete University of the Philippines’ historic title run in the UAAP before pondering on his professional career. The 24-year-old revealed to Inquirer Sports that Taoyuan has been in talks with his handlers at Virtual Playground even before the UAAP Season 84 men’s basketball tournament. But his management decided not to tell him right away to avoid any distractions in his final playing year. “They reached out to Virtual Playground even before the UAAP started. But I remained committed to UP,” said Rivero in Filipino after signing as Taoyuan’s world import in the P.League+. “When Season 84 was still ongoing, they were in talks with sir Charlie Dy. But I don’t have any idea about it to avoid any distractions during the season.” “I just learned the offer right after we won the championship,” he added. His commitment to the … [Read more...] about Ricci Rivero to draw inspiration from OFWs in Taiwan stint

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Agnipath great opportunity for youth, Infosys to follow selection criteria: Nandan Nilekani

June 25, 2022 by www.moneycontrol.com

Nandan Nilekani While appreciating the Centre's Agnipath scheme for providing opportunities to youth in India, Infosys co-founder and chairman Nandan Nilekani on Saturday said his company will follow its own selection criteria for recruiting people at the company. While speaking at the 41st Annual General Meeting, Nilekani said that Infosys recognizes the potential of the output of the Agniveer scheme introduced by the government. "We believe this is a great opportunity for youth not only to start the career in a very disciplined ecosystem but it will also help build skills for the future career. Infosys is always looking to expand a talent pool and we will follow our well-established selection criteria while recruiting employees," Nilekani said. He was responding to a query raised by a shareholder on if Infosys will consider providing jobs to Agniveers. Infosys has over 3 lakh employees across the globe of which 39.6 percent are women. Corporate leaders like Mahindra Group … [Read more...] about Agnipath great opportunity for youth, Infosys to follow selection criteria: Nandan Nilekani

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Actor Kal Penn to host new climate change show focusing on everything from ‘crypto to batteries’

June 26, 2022 by www.moneycontrol.com

'Getting Warmer with Kal Penn' premieres in October on Bloomberg Quicktake streaming service. Actor and former White House aide Kal Penn has been picked to host a new climate change show from Bloomberg Green -- a platform dedicated to clean-energy journalism. The show, titled Getting Warmer with Kal Penn , will take a close look at bold climate change solutions around the world and discover new aspects of the switch to clean energy, Bloomberg said in a statement. “Penn and the team behind the show will chronicle the innovators, researchers, communities and businesses pivoting to new energy sources and adapting to a new climate reality,” the media company added. “Expert guests will examine the climate impact of everything from crypto to batteries and water conservation to carbon removal, while Penn breaks down the big challenges and meets the people spearheading low-carbon technologies." The show will air on the Bloomberg Quicktake network in October. Laura Kiel, … [Read more...] about Actor Kal Penn to host new climate change show focusing on everything from ‘crypto to batteries’

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