by Vasu Jit Kalia | August 1, 2024 | Commodities, Markets
As per the reports of The World Gold Council’s Q2 2024 the demand for the gold is at its all-time high since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying up by 6% and technology sector demand rising by 11%....
by Vasu Jit Kalia | August 1, 2024 | Banking, Central Banks
ABU DHABI, 31st July, 2024 (WAM) — The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 5.40 percent. This decision was taken following the US Federal Reserve’s announcement today to keep...
by Vasu Jit Kalia | August 1, 2024 | News
Slowly but gradually art as an investment option is gaining popularity as an investment option for investors. Art as an investment option may not be as liquid as equities, bonds, cash, commodities and the cost involved in sale and purchase of artwork are many just...
by Vasu Jit Kalia | August 1, 2024 | Economy
DUBAI, 31st July, 2024 (WAM) — Dubai Aerospace Enterprise (DAE) today reported its financial results for the first half of 2024, logging a year-on-year (YoY) revenue increase to US$679.2 million. Meanwhile, DAE’s profit before tax rose 22.7 percent YoY to...
by Vasu Jit Kalia | July 31, 2024 | Economy
New Delhi, July 31 (IANS) Leading carmaker Maruti Suzuki India Limited on Wednesday reported a 46.9 per cent jump in net profit to Rs 3,649.9 crore for the April-June quarter of the current financial year from Rs 2,485.1 crore in the same quarter of 2023-24....
