Sumana Nandy

2 months ago | gurutrade.com | Shivangi Acharya |Manoj Kumar |Sumana Nandy |Mrigank Dhaniwala

NEW DELHI, Feb 17 (Reuters) - India's merchandise trade deficit in January stood at $22.99 billion, according to a Reuters calculation based on export and import data released by the government on Monday. Economists had expected the January trade deficit to be $22.35 billion, according to a Reuters poll. Merchandise exports in January stood at $36.43 billion compared with $38.01 billion in December, while imports for the month were $59.42 billion. In December, imports were at $59.95 billion.

2 months ago | gurutrade.com | Tannur Anders |Sumana Nandy

JOHANNESBURG, Feb 4 (Reuters) - South Africa's rand weakened early on Tuesday against a buoyant U.S. dollar as markets digested U.S. President Donald Trump's changing tariff stance. At 0555 GMT, the rand traded at 18.79 against the dollar , about 0.4% lower than Monday's close. The dollar last traded about 0.3% firmer against a basket of currencies.

Jan 13, 2025 | gurutrade.com | Yamini Kalia |Sumana Nandy

Jan 13 (Reuters) - Online trading platform Plus500 on Monday forecast its full-year revenue ahead of market consensus, helped by significant addition to its client base. Plus500, which offers trading services in 60 countries and more, has poured investments into launching newer products and expanding into global markets to add new customers. More than 36,000 new members signed up in the fourth quarter of 2024 - a 45% increase over the previous quarter.

Jan 8, 2025 | gurutrade.com | Bharath Rajeswaran |Sumana Nandy

Jan 9 (Reuters) - Inflows into India's equity mutual funds rose about 15% month-on-month in December, with investors continuing their buying spree unaffected by the prospect of fewer U.S. rate cuts in 2025 and worries of likely moderation in earnings. Inflows into equity mutual funds rose to 411.56 billion rupees ($4.8 billion) last month compared to 359.43 billion rupees in November 2024.

Dec 11, 2024 | gurutrade.com | Rahul Paswan |Sherry Jacob-Phillips |Sumana Nandy

Goldman Sachs bullish on gold, but flags downside risk Gold has risen about 30% so far this year U.S. CPI print due at 1330 GMT Dec 11 (Reuters) - Gold prices remained near a two-week peak touched earlier on Wednesday, supported by escalating geopolitical tensions and expectations of another rate cut by the Federal Reserve next week, ahead of a closely watched U.S. inflation report. Spot gold was steady at $2,691.57 per ounce, as of 0601 GMT, and hit its highest since Nov.