India Launches its First International Bullion Exchange

In an effort to bring transparency to the market, India, the world's second biggest consumer of gold, launched its first International Bullion Exchange. India imported 1,069 tons of gold in 2021, up from 430 tons a year ago. Indian households own an estimated collective 25,000 tons of gold, which passes...

Oracle Plans to Set Up Data Centers in India

With the government of India’s initiatives such as Digital India, e-governance and m-governance, Oracle expects an increase in demand of data services in the country, and plans to set up its own data centers to host applications and other cloud-based solutions. “Today we have around 600 products in the cloud;...

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