Silver will fare better than gold in 2018: Goldman Sachs

The underperforming metal for 2017 expected to return 17-20% Investors have started betting big on silver amid hopes of a sharp upswing in its prices in calendar year 2018 (CY18). Despite immense......

IL&FS Financial gets India's first masala loan

The first tranche was raised a few weeks ago and the company was looking to raise more if needed. IL&FS Financial Services became the first Indian company to raise money through a masala loan, a......

New era of gold benchmarking to start with handful of pioneers

ICE Benchmark Administrator to replace gold fix on March 20 Four chairs to rotate during first 6 months - source A handful of banks will start setting gold prices electronically on Friday, sources......

RJio ties up with lenders for $1.5 billion loan

Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans. Mukesh Ambani-led......