Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.
Silver also spurted by Rs 1,000 to Rs 37,500 per kg.
From the many large communal riots across decades to the six-hour mass cull of Muslims in Nellie, 1983; Sikhs in Delhi and elsewhere, 1984; Kashmiri Pandits, 1990; selective massacres of Hindus in Punjab, 1983-93; and Gujarat, 2002, we have failed to bring perpetrators of our biggest tragedies to account, asserts Shekhar Gupta.
The fall in exports of gems and jewellery exports is mainly because of shortage of raw-material for jewellery manufacturing.
Unhappy with the recreation of his song Masakali, A R Rahman has asked fans to listen to the original track, saying his team put in a lot of hard work and sleepless nights in composing it.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
'Reports of hitherto 'atmanirbhar' breadwinners having to stand in line for a plastic bag of khichdi or, travelling thousands of kms with nothing but packets of biscuits, have not moved the prime minister,' observes Jyoti Punwani.
Govt proposes to introduce redeemable gold bonds.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
Silver also recovered Rs 600 to Rs 45,200 per kg on increased offtake by industrial units and coin makers.
For financial institutions, it will be an opportunity to provide better lending options. For instance, customers who pay their overdrafts on time will get access to more credit and probably at a cheaper rate.
While players like Paytm, MobiKwik, and PhonePe allow you to buy gold for Rs 1, Amazon Pay has kept the minimum amount at Rs 5. Digital gold is essentially an avenue for investing in physical gold.
The Euro was formally launched on January 1, 1999, but the currency has only been used for non-cash transactions such as cheques and bank transfers. The Euro notes and coins were officially launched on January 1, 2002, with the new currency becoming the sole legal tender of the Eurozone on March 1, 2002.
Even though emerging markets generally do not have the level of market efficiency and strict standards, they are most sought after by investors.
Silver also reclaimed the Rs 34,000 per kg mark.
Global gold demand hit an 11-year low in 2020 at 3,759.6 tonnes, mainly due to a weak October-December quarter and the COVID-19 related disruptions across the world driving a muted consumer sentiment throughout the year, the World Gold Council (WGC) said in a report. The overall consumer demand during 2019 was at 4,386.4 tonnes, while in 2009 the overall demand was at 3,385.8 tonnes, according the WGC's 2020 Gold Demand Trends report. Global gold demand dropped by 28 per cent year-on-year (YoY) to 783.4 tonnes in the fourth quarter compared to 1,082.9 tonnes during the October-December period of 2019, the report stated.
'For the RBI, for a central bank, reputational risk is the worst risk.' 'Credibility is the worst risk,'
The specifics will also cover what's fit and proper to be a chest manager; the insurance and re-insurance aspects; and the new capital threshold, which is Rs 100 crore now.
Traders said besides stockists selling, a weakening global trend where gold posted its biggest decline in almost seven months as Portuguese banking concerns eased and equities gained, diminishing safe-haven demand.
Traders said sentiment turned distinctly weak after gold prices slumped in global markets as Swiss voters rejected a plan for their central bank to accumulate bullion and oil extended its decline to five-year low, curbing demand for the precious metal.
Total export of gold, silver and coins in the month of June 2014 stood at 3.9 billion Swiss franc
Ajit Balakrishnan on learning from past technology revolutions.
West Bengal Chief Minister Mamata Banerjee on Wednesday attacked Union Home Minister Amit Shah over violent protests against the new citizenship law, saying his job is not to set the country on fire but to put it out. Taking a dig at Prime Minister Narendra Modi's 'Sabka Saath Sabka Vikas' slogan, she said the BJP government has brought "satyanaash" (disaster) for everyone in the country.
India's biggest jewellers' association has asked members to stop selling gold bars and coins.
Indian currency notes will soon bear the rupee symbol. It will also have extra security features.
The State Bank of India said on Monday it would launch a gold exchange traded fund in 2008. "We are examining this product in our mutual fund company and we are hopeful we should be able to come out with an ETF next year," O P Bhatt, SBI chairman said at a conference in Mumbai.
"We know that the Communists do not respect the Indian history, culture and spirituality but nobody imagined they would have such hatred," Modi said.
Readers tell us how they are managing without cash since November 8.
Of the 1,000 surveyed by IIM-A, only five were aware about the government-sponsored gold schemes
'My brother was a brat,' she tells Rajesh Karkera with a laugh.
Employers will also have the option to pay wages in cash.
With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.
Limit your investment in cryptocurrencies and make sure you have current holdings in your own custody until regulatory cloud blows over, experts tell Sanjay Kumar Singh.
Gold is a 'must have' in your investment portfolio. Frankly, there is no need to advocate investment in gold amongst Indian audiences. Traditionally it is a popular avenue of investment for Indians. However buying jewellery is not as good an investment as buying pure 24 karat gold. Hence, when we talk of gold as an investment, we mean gold coins, gold biscuits or gold bars any piece of 24 karat gold. `
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Gold in Singapore, which mostly set the price trend on the domestic front, climbed 0.6 per cent to $1,303.63 an ounce and silver by 1.9 per cent to USD 18.33 an ounce, the highest since September.
Gold schemes are offering attractive returns to investors.
Ahmedabad-based crypto firm Kali Digital Ecosystems' plea against the ban will be heard on July 20.
After losing Rs 730 in last six sessions after the Reserve Bank of India eased imports curbs by scrapping 80:20 scheme, gold staged a strong comeback by rising Rs 840 to close at Rs 27,040 per ten grams, a level last seen on October 30.
