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China will develop international outsourcing of high-value-added services to create new advantages in foreign trade, its cabinet said on Wednesday, according to the official government website.The State Council will reduce corporate income taxes to 15 percent in a number of cities to encourage development of the high-tech, high value-added services outsourcing industry.The goal is to move Chinese industry ...
The rupee closed marginally stronger on Wednesday after being held in a tight range as dollar inflows into the domestic share markets were offset by demand for the greenback from importers looking to meet month-end commitments.Sentiment was also cautious ahead of the release of July-September economic growth data on Friday and the Reserve Bank of India's monetary policy review on December 2.India's ...
Gold prices fell by Rs 20 to Rs 26,880 per 10 grams at the bullion market in the national capital today on easing demand from jewellers and retailers at prevailing levels amid a weak global trend. However, silver strengthened by Rs 175 to Rs 37,200 per kg on persistent buying support from industrial units and coin makers. Marketmen said besides falling demand from jewellers and retailers at prevailing ...
Gold dipped from $1,200 an ounce on Wednesday as equities rose on optimism over the U.S. economy, while traders nervously awaited cues from the dollar and a Swiss referendum on central bank gold reserves.The gold market has been in a tight range this week, lacking direction ahead of the U.S. Thanksgiving holiday on Thursday and the Swiss referendum on Sunday.The metal has seen quiet trading since recovering ...
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