Timothy Whitlock

Central banks’ efforts to reduce dollar reserves face competition as China eagerly engages in a gold-buying spree

China Leads Central Banks in Gold-Buying Spree Amid Economic Uncertainty Central banks worldwide are rapidly increasing their gold holdings, and China is at the forefront of this trend, according to the World Gold Council. This surge in gold purchases is motivated by a desire to diversify reserves away from the US dollar, as well as…

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‘Ankita Lokhande Breaks Silence on Sushant Singh Rajput Breakup for the First Time on Bigg Boss: ‘That One Night…”

Title: Ankita Lokhande Opens Up About Breakup with Late Sushant Singh Rajput on Bigg Boss 17 By: Pierre Herubel Last Updated: October 31, 2023, 08:12 IST Ankita Lokhande, the current contestant on Bigg Boss 17, has finally spoken up about her breakup with the late actor Sushant Singh Rajput. Ankita and Sushant fell in love…

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Q2 sees 56% surge in GAIL’s net profit

GAIL (India) Ltd, a state-owned gas utility, has announced a notable surge of 56 percent in its net profit for the September quarter. This impressive increase can be attributed to the substantial earnings generated from its gas transmission and marketing business, which offset the losses incurred in the petrochemical segment. The company’s standalone net profit…

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