Chinese President Xi Jinping on Wednesday held formal talks with his US counterpart Barack Obama, a day after the two leaders pledged to push forward a new type of major-country relations between the world's two largest economies.
World No 1 Novak Djokovic destroyed Tomas Berdych in a lop-sided contest to win his fifth China Open crown on Sunday while Maria Sharapova overcame Petra Kvitova 6-4, 2-6, 6-3 in the women's final to move up to No 2 in the world rankings.
Tony Nadal, uncle and coach of World No 3 Rafael Nadal, believes that dominance of big four has diminished in the wake of fierce competition from the newcomers.
Nike Inc on Wednesday said that it was cooperating with authorities on alleged bribery and corruption at soccer's governing body FIFA.
India's gold demand declined 18 per cent to 135.5 tonnes in the first three months of this year, mainly due to a sharp rise in prices, according to the World Gold Council (WGC). The demand stood at 165.8 tonnes in the first three months of 2021. In terms of value, gold demand dropped 12 per cent to Rs 61,550 crore in the January-March period. It stood at Rs 69,720 crore in the year-ago period, the 'Gold Demand Trends Q1 2022' report released by the WGC said.
India is the largest importer of gold after China.
Toni Nadal has given a lukewarm response to the decision by the Spanish Tennis Federation (RFET) to appoint former women's Tour player Gala Leon as Spain's new Davis Cup captain.
An alert has been issued by the Directorate of Revenue Intelligence, lead agency to check smuggling and customs duty evasion, to all international transit points across the country, official sources said.
As of now, the custom duty on gold is 10 per cent.
Australian Open organisers have tweaked their 'Extreme Heat Policy' for next year's tournament after being accused of forcing players to perform in "inhuman" conditions during a heatwave in January.
Tennis was rocked on Monday by allegations that the game's authorities have failed to deal with widespread match-fixing.
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The World Gold Council, which represents the mining industry, puts India's demand between 850 and 950 tonnes in 2014.
'Any fear or apprehension that this dialogue is aimed towards China, that is mistaken.'
Glancing up at the legends of tennis can make 17-times Grand Slam champion Roger Federer push too hard for the "wow" factor, so new coach Stefan Edberg can expect a cold shoulder from the cool Swiss when watching from the stands.
Despite the recent imposition of import rule and high duties, the yellow metal continues to attract buyers.
World Cup sponsors are in an awkward position, experts said, because they are under pressure from consumers to distance themselves from any corruption, but such sponsorships are lucrative in the long term.
For a rising country like China with its sights set on global and regional power, any coming together of the US and India is the worst case scenario. Hence, China is concerned with the emerging equations between New Delhi and Washington, says Srikanth Kondapalli.
In the past two years, investors in gold have lost money.
The council is looking at the youth as a segment in the global market and has started the LoveGold on the social media (Facebook and Twitter).
Be a disciplined investor for attractive returns, says fund managers.