Prime Minister Narendra Modi on Saturday described Sri Lanka as India's special and trusted friend in South Asia and the Indian Ocean region while assuring New Delhi's continued development aid cooperation with the island nation.
A drop in prices spurred some interest for physical gold in major Asian hubs this week, but failed to stoke significant demand in India as buyers awaited bigger dips.
Gold prices edged up from one-year lows on Friday after U.S. President Donald Trump expressed concern about the strength of the dollar and interest rate increases by the Federal Reserve, pushing the greenback lower.
MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.55 percent after falling as much as 0.4 percent earlier.
Crude oil futures rose by Rs 37 to Rs 4,627 per barrel today after participants widened their bets tracking a firming trend in Asia.
Three of the groups approved to monitor Cambodia’s election have close ties to Prime Minister Hun Sen, one headed by his son and the other two led by a man who was appointed by the Southeast Asian country’s strongman ruler as a “goodwill ambassador”.
Gold demand is likely to be healthy in the second half of 2018 on positive global economic growth, trade wars and its impact on currency and rising inflation, the World Gold Council (WGC) said in a report.
Home grown FMCG player Marico is targeting to achieve leadership position in leave-in hair nourishment and male grooming in South Asia, South East Asia, South Africa, the Middle East and North Africa.
Nifty ended 23.35 points lower today on selling led by pharma, IT, financial service, private bank and metal sectors.
India will continue to be the world's fastest growing major economy, ahead of China, with 7.3% growth rate in 2018-19 and 7.6% in 2019-20, ADB said.