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Two of Indian-origin among richest self-made US women: Forbes

Two Indian-origin women find place in Forbes' inaugural list of America's 50 richest self made women. India-born Neerja Sethi, with a net worth of 1.1billion US Dollar, ranked 14th while London born Jayshree Ullal with 470 million US Dollar net worth comes at the 30th spot on the list. Se...


China establishes giant gold fund to increase influence in global market

China is boosting its influence in global gold markets by establishing its largest gold investment fund led by Shanghai Gold Exchange, which is expected to raise about 100 billion yuan, 16.1 billion dollars. China has established its largest gold-investment fund in northwest China's Xi'an Ci...


RBI asks banks to advise argi-borrowers to hedge risks

The Reserve Bank on Thursday asked the banks to advise their large agri-borrowers to hedge their commodity price risks through derivative products available on the exchanges. The RBI said, banks may encourage large agricultural borrowers such as agricultural commodity processors, traders,...


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