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Gold falls Rs 100; silver slumps Rs 250
New Delhi: Gold price fell by Rs100 to Rs66,850 per 10 grams in the domestic market on Tuesday amid weak trends in the international markets,...
Bank of England set to hike rates
The Bank of England is poised to raise borrowing costs again on Thursday to combat stubbornly high inflation, which has failed to come down from its...
UK economy grows sluggishly in January-March qtr
Double-digit inflation curbed consumer spending and labour unrest curtailed output in industries ranging from transportation to healthcare and...
Bank of England warns of longest recession in 100 yrs
The Bank of England has warned the UK risked being plunged into the longest recession in 100 years after it pushed up the cost of borrowing to 3 per...
Why UK needs to find a global solution for its economic crisis
UK has shrunk in relative terms from being an economy larger than China to being about 9 times smaller. The new govt faces a tricky task in reigniting...
Rupee plummets below 83/$
Home currency nosedives 61 paise to all-time low of 83.01/USD; Dollar index, which gauges the greenback’s strength against a basket of 6 currencies,...
Why did British pound collapse?
Sterling hits all-time low: Two things can turn this around, but neither is straightforward
Bank of England says it's monitoring drop in pound, won't hesitate to...
The Bank of England says it is monitoring the drop in the pound and would not hesitate to boost interest rates to control inflation.