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Global gold demand rises 4% in Q2 2024, reported by World Gold Council

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Global gold demand rises 4% in Q2 2024, reported by World Gold Council

The World Gold Council (WGC) reported a 4% year-on-year increase in global gold demand for Q2 2024, reaching 1,258 tonnes, the highest for a second quarter in their data series.  This surge was primarily fueled by:   Robust over-the-counter (OTC) transactions: OTC demand saw a significant increase of 53%, reaching 329 tonnes, countering the impact Read more: Global gold demand rises 4% in Q2 2024, reported by World Gold Council..

Tata Motors-JLR project is expected to move forward in next two months

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Tata Motors-JLR project

The Tata Motors-JLR project in Tamil Nadu is expected to move forward within the next two months. The Tata Motors-JLR project refers to the establishment of a new manufacturing plant in Tamil Nadu, India, by Tata Motors, the parent company of Jaguar Land Rover (JLR). The project aims to manufacture JLR vehicles, particularly electric vehicles Read more: Tata Motors-JLR project is expected to move forward in next two months..

Mitsubishi Motors to join existing alliance of Honda and Nissan

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Mitsubishi Motors to join existing alliance of Honda and Nissan

Japan’s Mitsubishi Motors to join the existing alliance between Honda Motor and Nissan Motor according to a report by Nikkei. This move would create a powerful automotive group with a combined sales figure exceeding 8 million vehicles. This development follows an announcement made by Nissan and Honda in March, where they revealed their consideration of Read more: Mitsubishi Motors to join existing alliance of Honda and Nissan..