Gold prices climbed strongly on Monday after last week’s pullback, with futures gaining momentum amid fresh geopolitical concerns surrounding South American oil producing nation, Venezuela, and growing focus on upcoming US macroeconomic indicators. In the domestic market, February gold futures on the Multi Commodity Exchange (MCX) rose by Rs 1,509, or 1.11%, to Rs 1,37,270…
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The Reserve Bank of India (RBI) on Tuesday proposed a revised disclosure framework under Basel III norms that would require banks to publish more detailed information on capital adequacy, leverage, liquidity and risk exposure, in a move aimed at strengthening transparency and market discipline, PTI reported.Under the proposed framework, banks would be required to make…
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Omar Abdullah faces growing demands within his National Conference (NC) to expand his cabinet SRINAGAR: Nearly two years after taking office, J&K chief minister Omar Abdullah faces growing demands within his National Conference (NC) to expand his cabinet amid opposition allegations he has avoided doing so as there are too many hopefuls and it could…
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