Indian Economy

EU Stock

EU Stock Futures Mixed; COVID Cases in India Rise

European stock markets opened mixed on Wednesday after their worst daily loss so far this year on Tuesday. Investors hope that a positive corporate earnings season will ease concerns about the surging COVID-19 in India.  Analysts at Morgan Stanley, in a note, said that they believe the Q1 earnings season will be strong. Moreover, they …

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India’s smartphone shipments

India’s smartphone shipments slump by 2% in 2020

After several years of steady increase, India’s smartphone market touched a rough patch in 2020. According to International Data Corporation, India’s smartphone shipments fell by approximately 2% year-on-year to 150 million units. The largest decline occurred in the first half of the last year when sales declined by 26% year-on-year. The slump was driven by …

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Gold and silver

Gold and silver declined sharply in Indian markets

Gold prices declined sharply in the Indian market for the second straight session. On Multi Commodity Exchange, the yellow metal futures dropped 0.6% and settled at Rs 48,438 per 10 gram. Meanwhile, silver futures dipped 2.2% and touched Rs 72,009 per kg after the recent rise. Significantly, in the previous session, the yellow metal’s price had …

Gold and silver declined sharply in Indian markets Read More »

gold and silver

Gold and silver prices increased in Indian markets.

On January 20, gold and silver increased in Indian markets. On Multi Commodity Exchange, February gold futures boosted by 0.27% and hit Rs 49,115 per 10 gram. Meanwhile, silver climbed 0.3% and settled at Rs 66,234 per kg. Significantly, in the previous session, the yellow metal rose by 0.2%, while the white metal advanced 0.9%. …

Gold and silver prices increased in Indian markets. Read More »

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