It is true that I#ndia has a parallel economy of gold as it is economically and culturally rich. However it would be false to say that silver might replace gold because most of the household's who have gold as savings have it in form of jewelry that can be wore during special cultural occasions. #Gold would never loose his cultural importance so individuals would never sell gold to buy silver. However, as we know India is a growing economy individual citizens and family see a growth of income and are looking for investment opportunities. For example: real estate. #Silver can be the next boom as India economically grows under the new Prime Minister. One has to look at how Indian citizens are accepting of gold as social currency and that would determine its future in the markets.
#Indian#Pharma companies are facing a lot of backlash when it comes to export of pharma products outside India or asia. Now that Wockdart has cleared the inspection of German drug regulator it will be cover the loss suffered during the warning submitted by (USFDA). In general Indian Pharma companies have to comply with USFDA practices if they want to attain a niche in global markets this includes big giants like Sun Pharma. Continuing, the Indian stock market has taken a hit due to the government's demonetization or banning of Rs 500 and Rs 1000 notes. It will take some time for the market to recover. However, Pharma companies won't be affected as others due to majority of its sale come from export which are paid in dollars. Well the next quarter report would tell how shift in monetary policy has affected the Pharma sector.
#TataSteel is going through a internal conflict between Cyrus Mistry and Ratan Tata over the selling of Tata's european operations. The government has launched the restriction to protect the company from outside influence during a civil war between two most influential people in the company. After this move, American companies did too impose anti-dumping laws on steel imports which created more trouble for chinese #steel companies. This would create a trade war between steel companies over the world, one trying to drive the price up and one side trying to bring the price down. If the price doesn't move up the chinese steel companies would suffer the loss. If the price stays the same, we would see a price increase in american steel companies. $TATLY
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Silver Could Become India’s New Metal Of Choice - And Skyrocket As A Result
It is true that I#ndia has a parallel economy of gold as it is economically and culturally rich. However it would be false to say that silver might replace gold because most of the household's who have gold as savings have it in form of jewelry that can be wore during special cultural occasions. #Gold would never loose his cultural importance so individuals would never sell gold to buy silver. However, as we know India is a growing economy individual citizens and family see a growth of income and are looking for investment opportunities. For example: real estate. #Silver can be the next boom as India economically grows under the new Prime Minister. One has to look at how Indian citizens are accepting of gold as social currency and that would determine its future in the markets.
Sensex Ends Lower; IT Stocks Slump 2.4% On Worries Over H-1B Visas
#Indian #Pharma companies are facing a lot of backlash when it comes to export of pharma products outside India or asia. Now that Wockdart has cleared the inspection of German drug regulator it will be cover the loss suffered during the warning submitted by (USFDA). In general Indian Pharma companies have to comply with USFDA practices if they want to attain a niche in global markets this includes big giants like Sun Pharma. Continuing, the Indian stock market has taken a hit due to the government's demonetization or banning of Rs 500 and Rs 1000 notes. It will take some time for the market to recover. However, Pharma companies won't be affected as others due to majority of its sale come from export which are paid in dollars. Well the next quarter report would tell how shift in monetary policy has affected the Pharma sector.
The Trade Wars Begin: China Retaliates To Steel Tariffs With Global Anti-Dumping Duties
#TataSteel is going through a internal conflict between Cyrus Mistry and Ratan Tata over the selling of Tata's european operations. The government has launched the restriction to protect the company from outside influence during a civil war between two most influential people in the company. After this move, American companies did too impose anti-dumping laws on steel imports which created more trouble for chinese #steel companies. This would create a trade war between steel companies over the world, one trying to drive the price up and one side trying to bring the price down. If the price doesn't move up the chinese steel companies would suffer the loss. If the price stays the same, we would see a price increase in american steel companies. $TATLY