Petrol hike pumps hope for India
Raising prices at petrol pumps is never likely to be popular. India's brave decision will also prove meaningless unless it is followed by bolder action to cut the more generous diesel subsidies. But the direction of travel is right and if the journey continues India could just turn a corner, writes Jeff Glekin. Full Article
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iShares Silver Trust holdings down 0.04 pct
TOKYO |
TOKYO Nov 5 (Reuters) - The world's largest silver-backed exchange-traded fund, the iShares Silver Trust (SLV), said its bullion holdings stood at 8,740.15 tonnes as of Nov 4, down 3.85 tonnes or 0.04 percent from the previous business day.
The holdings of the New York-based trust, which issues securities backed by physical stocks of silver, hit a record 8,828.14 tonnes on July 31. [ID:nSP194465]
For details on silver holdings by the ETF, click on: here (Reporting by Miho Yoshikawa)
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