John Reade, Senior Market Strategist at the World Gold Council, gold has consistently performed well in risk-off environments, climbing from USD 1,000 during the financial crisis to USD 2,000 amid the pandemic, and now surpassing USD 3,000 as global uncertainty intensifies.
"This budget has neither got certain purpose nor any physical consultation. The state's debt load has increased, and last year's performance was very poor. It is pushing the state into a financial crisis...This is an anti-development budget," Bommai told ANI.
Journalists in Pakistan-occupied Jammu and Kashmir (PoJK) are facing unprecedented challenges, struggling to make ends meet amidst a severe financial crisis. The dire situation has left many journalists grappling with delayed salaries, skyrocketing inflation, and inadequate support from loca
Union Minister of State L. Murugan on Sunday, held a press conference where he asserted that there is no financial crisis in Puducherry, emphasizing that the Central Government has allocated the necessary funds for the development of the Union Territory.
Local government employees in Peshawar, Pakistan, are threatening to strike after not receiving their December salaries, citing a financial crisis that has hindered the timely payment of wages. Despite growing hardship, officials have yet to take significant action, leaving workers strugglin
The Pakistan Tehreek-e-Insaf (PTI) is facing a deepening financial crisis as employees at the central secretariat in Islamabad have not been paid their salaries for the past three months, ARY News reported on Thursday.
The petition, filed by several users, sought directions to mandate SEBI, the Union of India, the Ministry of Finance, the Reserve Bank of India, and the Ministry of Electronics and IT to establish a regulatory framework and policies for overseeing cryptocurrency exchanges and transactions to
Buggana Rajendranath Reddy, former finance minister of Andhra Pradesh, criticised the TDP-led coalition government, accusing it of driving the state into a financial crisis through reckless borrowing and unfulfilled promises, according to a press statement issued on Sunday.
While presiding over a meeting of the committee, PAC Chairman Asghar Tareen said that the University of Balochistan needs special attention and stressed that there is a need to understand and address its challenges.
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.
At the stakeholders' meeting for the tea industry held in Guwahati on Saturday, Union Minister of Commerce Minister Piyush Goyal and Assam Chief Minister Himanta Biswa Sarma addressed the financial crisis faced by the Tocklai Tea Research Institute of the Tea Research Association (TRA).
Pakistan State Oil (PSO) is confronting a severe financial crisis, with total receivables reaching PKR 800 billion. The crisis is primarily driven by significant debts owed by Sui Northern Gas Pipelines Limited (SNGPL) and other key players in the energy sector.