People buy gold ornaments at a jewellery shop in Kolkata. Reuters
India’s foreign exchange (forex) reserves increased by $4.368 billion during the week ended April 26, official data showed. According to the Reserve Bank of India’s weekly statistical supplement, the overall forex reserves rose to $418.515 billion from $414.147 billion reported for the week ended April 19.
Ace sprinter Hima Das bagged her third international gold in two weeks after she bagged the top spot in women's 200m event at the Kladno Memorial Athletics Meet here in Czech Republic.
Gold demand was robust in India and Singapore this week as a correction in prices ahead of a key gold-buying festival boosted purchases even as major centres like China and Japan were closed for most of the week due to holidays.
The benchmark Nikkei 225 index rose 0.41 per cent, or 93.72 points, to 22,843.96, while the broader Topix index jumped 1.23 per cent, or 19.57 points, to 1,605.53.
The number of people in work in Britain has suffered the biggest drop since 2009 and signs are growing that the coronavirus will take a heavier toll on the labour market as the government winds down its huge job-protection scheme.
Emaar Malls reported revenue of Dhs1.657 billion ($ 451 million) in the first half of 2020. With a first-half net profit of Dhs345 million ($ 94 million) the result demonstrates the resilience of the business.
Dubai Land Department, in cooperation with Property Finder, launched the fourth edition of Mo’asher, Dubai’s official sales price index. The base year for Mo’asher is 2012 and the base month for the monthly index is January 2012,