Zepto CEO accuses rival company’s CFO of targeting them with a smear campaign
Aadit Palicha, the CEO and Co-founder of quick delivery platform Zepto, has alleged that the chief financial officer (CFO) of a rival company is running a smear campaign against them over the past few days. In a LinkedIn post, Palicha said the spam campaign includes “calling our investors to make wild allegations about us with…
Gold Update: Deutsche Banks Says We’ve Hit The Bottom
We’ve seen the gold price come off of its all-time record highs in the past few weeks. But are we at the bottom yet? Vince Lanci thinks so, and watch today’s Morning Markets and Metals to find out why! Source link
RBI seeks approval for overseas rupee lending by domestic banks to neighbours
In a move to internationalise the rupee, the Reserve Bank of India (RBI) is seeking approval from the central government to allow domestic banks and their foreign branches to lend the currency to overseas borrowers for the first time, two sources said. The move aims to enhance the use and acceptability of the local currency…
Chinese ‘Hunt Brother’ Who Took On JP Morgan Is Back
Last year Vince Lanci reported on how a ‘Chinese Hunt brother’ was taking on JP Morgan. And now he’s back. So Vince recaps what’s happening, and also brings you up to speed on the latest precious metals news. To find out more, click to watch the video now! Source link
ECB Warns Of ‘Risk of Squeeze’ In Gold Market
There was a rather unusual warning out from the ECB yesterday regarding the ‘risk of a squeeze’ in the gold market. So in today’s show we go through the report, and some rather alarming comments from the ECB, in the midst of another gold and silver rally. To find out more, click to watch the…
Eternal shares plunge as much as 4%: What’s causing decline?
Eternal shares, despite buoyancy in the overall market mood, tumbled by as much as 4 per cent at the day’s low to Rs 227.95 per share. At around 11 am, shares traded weak by 3.1 per cent or Rs 7.35 at Rs 230.1 apiece while the broader Nifty50 was trading around 25,000 levels after breaching…
North Korea arrests senior official over warship launch failure
North Korea has arrested a fourth official over the failed launch of a new warship that has enraged the country’s leader, Kim Jong Un. Ri Hyong-son, deputy director of the ruling Workers’ Party’s Munitions Industry Department, was “largely responsible for the serious accident” last week, state-run news agency KCNA said on Monday. The 5,000-ton destroyer…
China Is Setting The Gold & Silver Prices Now
As the gold price continues to rise, with the majority of the demand coming from the east, we are seeing where the pricing power is set change before our eyes. Vince Lanci explains what’s happening, and shows you how you can see the signs for yourself. So to find out more, click to watch today’s…