A BYD Seagull | Photo : Bloomberg By Danny Lee and Jinshan Hong Not content with unseating Tesla Inc. as the world’s top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and Volkswagen AG in one of the most aggressive rounds of… Continue reading BYD takes on EV laggards Toyota, VW with aggressive China price cuts | World News
Tag: price
Gold price slips Rs 10 to Rs 66,810, silver falls Rs 100 to Rs 77,400 | Commodities
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 61,240 | Photo: Unsplash The price of 24-carat gold slipped Rs 10 in early trade on Monday, with ten grams of the precious metal trading at Rs 66,810, according to the GoodReturns website.… Continue reading Gold price slips Rs 10 to Rs 66,810, silver falls Rs 100 to Rs 77,400 | Commodities
Investors in India see yet another year of high rates on price shock
By Subhadip Sircar and Malavika Kaur Makol Traders in India are pushing back rate-cut bets to later next year as a sudden spike in food prices may send inflation above the central bank’s tolerance limit. Overnight-indexed swaps show that India’s borrowing costs are likely to decline only in the second… Continue reading Investors in India see yet another year of high rates on price shock
Expect a time, price correction over next few months: Jyotivardhan Jaipuria
Premium Jyotivardhan Jaipuria, founder & MD, Valentis Advisors After a sharp run since their March 2023 lows, the markets seem to be in a phase of consolidation. JYOTIVARDHAN JAIPURIA, founder and managing director at Valentis Advisors, tells Puneet Wadhwa in a telephonic conversation that they have been creating some cash recently to enable them… Continue reading Expect a time, price correction over next few months: Jyotivardhan Jaipuria
No end in sight? Food price hike likely to disturb India’s inflation maths
January retail inflation rises to 6.52%, highest since October 2022 Retail inflation eases marginally to 6.44% in February from 6.52% in Jan For a veg thali of Rs 100, Indians paid Rs 109 in 2022; Rs 132 for non-veg India’s food inflation bites harder as risks build for global supplies Inflation bites off Jubilant Food’s… Continue reading No end in sight? Food price hike likely to disturb India’s inflation maths
What drives shiny metal’s price up or down, explains World Gold Council
By Vildana Hajric and Michael P. Regan During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But is it also an inflation hedge? Is it considered a risk asset? Joe Cavatoni, market strategist and head of Americas at the World… Continue reading What drives shiny metal’s price up or down, explains World Gold Council
Gold price unchanged at Rs 59,950; silver price dips Rs 200 to Rs 74,800
The price of 24-carat gold was unchanged in Saturday’s early trade, with ten grams of the precious metal selling at Rs 59,950, according to the GoodReturns website. Silver price dipped Rs 200, with 1 kg of the precious metal selling at Rs 74,800. The price of 22-carat gold was also unchanged at Rs… Continue reading Gold price unchanged at Rs 59,950; silver price dips Rs 200 to Rs 74,800
World rice price index jumps to near 12-year high in July, says FAO
The July score was almost 20% higher than the last year’s 108.4 points and the highest since September 2011, it said. (Photo: Bloomberg) MUMBAI (Reuters) – The United Nations food agency’s rice price index rose 2.8% in July from a month ago to their highest level in nearly 12 years as prices in key… Continue reading World rice price index jumps to near 12-year high in July, says FAO
Gold price falls Rs 160 to Rs 59,950; silver slumps Rs 2,300 to Rs 75,000
The price of 24-carat gold declined Rs 160 during Friday’s early trade, with ten grams of the precious metal selling at Rs 59,950, according to the GoodReturns website. Silver price fell Rs 2,300, with 1 kg of the precious metal selling at Rs 77,300. The price of 22-carat gold also fell Rs 150,… Continue reading Gold price falls Rs 160 to Rs 59,950; silver slumps Rs 2,300 to Rs 75,000
Arabia extends cut of 1 mn barrel of oil a day through Sept, to boost price
Saudi Arabia said Thursday it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices. The Saudi cut of 1 million barrels per day, which began in July, comes as the other OPEC+ producers have agreed… Continue reading Arabia extends cut of 1 mn barrel of oil a day through Sept, to boost price