Batting for further consolidation in public sector banking, the executives of top public sector banks (PSBs) said there should be at least two Indian banking entities among the top 20 global banks.Illustration: Dominic Xavier/RediffThe growing needs of the country, which is eyeing to become a developed nation by 2047, make it imperative to have many large-size banks.The state-owned banks with a healthy profile, marked by a comfortable capital base, robust asset quality and enhanced quality of operations, ar ...

By Gregor Stuart Hunter SINGAPORE (Reuters) -The surge in gold prices above $4,000 per ounce is spilling over into other precious metals on fears the Trump administration's unorthodox economic policies will shift the prevailing trend from de-dollarisation to outright debasement of the U.S. currency. Silver, platinum and palladium are enjoying upsized gains for the year as investors fret about a whole host of geopolitical and economic uncertainties, with U.S. President Donald Trump's attempts to reshape g ...