Bloomberg Rising gold prices and government measures to enforce compliance in the Indian jewellery industry are deadening demand in the world’s second-largest bullion market at the start of the traditional festival season when buying usually explodes. “If you ask me, I wouldn’t purchase gold even if it was Diwali,” Prathamesh Mallya, chief analyst at Angel Commodities Broking, said, referring to ...

According to the Daily Beast’s latest scoop, “a Russian operative” used Facebook to organize an anti-Muslim event in Twin Falls, Idaho, that attracted a grand total of four people. Inside Russia, the Kremlin appears to have a similar inability to stoke crowds. Last Sunday, Russia held the last string of local elections before the 2018 presidential poll. Few people showed ...

India’s economy is not doing as well as many had hoped. Growth has been slowing for several quarters, and even if there’s a slight recovery in coming quarters, the signs for the medium term aren’t propitious. There appears to be no end in sight to a slow-moving banking crisis. And private investment has crashed, reflecting pessimism at Indian businesses about ...