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New Delhi: India-US business links were set for a quantum jump with Prime Minister Narendra Modi's assurance of "consistent policies" and "welcoming environment" leading to US President Barack Obama announcing steps to lead to $4 billion trade with and investment in India. "Over the next two years, our Export Import Bank (EXIM) will support $1 billion Made In America goods exports to India. Our Overseas ...
Oil prices fell on Monday, with U.S. crude falling close to a nearly six-year low, as Saudi Arabia's new King Salman moved to assuage fears of an unstable transition and any policy change in the world's largest oil exporter.Salman was quick to retain veteran Saudi oil minister Ali al-Naimi on Friday, in a message aimed at calming a jittery energy market following the death of King Abdullah last week.March ...
Higher gold prices have limited buying interest in top consumer China to some extent in recent days, but demand remained stronger than last month due to the upcoming Lunar New Year holiday, traders and dealers said.Premiums in Shanghai were $2-$3 an ounce on Monday and last week. Local prices were as high as $7 above the global benchmark earlier this month.Gold climbed to a five-month high of $1,306.20 ...
Gold reversed earlier gains on Monday as a stronger dollar offset safe-haven demand following an electoral win by Greece's anti-austerity party that sparked fears of renewed instability in Europe.Greek leftist leader Alexis Tsipras, whose Syriza party swept to victory in a snap election on Sunday, was set to become prime minister of the first euro zone government openly opposed to bailout conditions ...
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