Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for exemplary punishment, not kid glove treatment, says Debashis Basu.
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 ministry advised the NGO that it was not an appropriate time for such exchanges after we learnt that the children had crossed over to India on May 1," Gopal Baglay, a spokesperson of the ministry of external affairs, said.
'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.'
Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.
The 44-player industry logged assets under management of Rs 26.33 lakh crore in October-end, as compared to Rs 27.04 lakh crore by November end, representing a growth of 3 per cent. Among debt-oriented schemes, overnight funds received flows worth about Rs 20,650 crore, the highest among the fixed-income segment last month.
Blinken and Indian leaders on Wednesday will discuss a plethora of pressing issues such as the fluid situation in Afghanistan, regional security concerns, COVID-19 response and ways to boost Indo-Pacific engagement, people familiar with the agenda of talks said.
Avid cosplayers brought out favourite comic characters alive at Comic Con Delhi 2017.
In his letter to Modi, the Rajya Sabha MP, whose party is a key ally in the Shiv Sena-led Maha Vikas Aghadi government, said he was pained by the erosion of standards of conduct by the high Constitutional office of the Honourable Governor.
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
India is apprehensive about the Taliban's return as it would mean loss of access to Baluch rebels and help to the restive tribals of Waziristan. This would be a setback to the Indian strategy of returning the compliments of death by a thousand cuts to Pakistan, notes Colonel Anil A Athale (retd).
Are you debating between buying physical gold and investing in paper gold schemes or ETFs? Anil Rego has the answer
Each region in India has its own culinary narrative that speaks through its distinct dishes. Each cuisine packs within itself, textures, layers, ideas and historical nuggets so that all of Indian food cannot be pigeonholed together to say that there is one Indian cuisine. A fascinating extract from Sonal Ved's Whose Samosa Is It Anyway?.
'One evening, my mother announced during dinner that we would open a Cumulative Time Deposit account in the post office. 'My father froze. 'The handful of curd rice that he had just put into his mouth remained there for a few extra seconds.' Colonel K Thammayya Udupa (retd) recalls an important decision that changed his family's life forever.
A study by second-hand car dealer CARS 24 showed 42 per cent of the consumer feel the need for a car to travel safely now. Those who used cabs to commute before the pandemic want to buy a car for the family and a two-wheeler for shorter runs.
The recent report in the New York Times that China had brought India's financial capital - Mumbai - to a halt by hacking the electricity supply grid has not come as a surprise to the CTOs (chief technology officers) and cyber security experts. Indian companies, including critical infrastructure providers such as power grids, ports and radar systems, lack the IT infrastructure to prevent hacking from hostile state actors like China and North Korea, warn security experts. Recently, the United States government warned of yet another breach of critical systems tied to Microsoft Exchange email systems that the company has blamed on China. The breach has impacted thousands of organisations in the US and its impact on India is still unknown.
Frequent sanitisation of the entire parliament complex will also be carried out, while arrangements have been made to sanitise various parliamentary papers as well as footwear and cars of MPs, officials said.
India's ace cueist Pankaj Advani staged a late comeback to beat compatriot Aditya Mehta in the quarter-finals of the Asian Snooker Championship, in Doha, on Thursday. In what was going to be a clear upset, Mehta was a frame away from ousting the 21-time World champion from the tournament but Advani's resilient efforts saw him enforce the decider and register a 5-4 (0-99(99), 1-60, 64-50, 97(72)-0, 35-90, 113(105)-0, 8-107(107), 61-16, 72-48) victory.
'It could tempt investors to pick stocks that are not fundamentally sound.'
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.
Ask your partner if it is OK to kiss or hug when saying hello in public?
Despite the recent terror attacks on Mumbai, British tour operators are upbeat about India being a safe tourist destination.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
'Many challenges may come our way. It is up to us to make it colourful.'
Images and a round-up of all the World Cup qualifiers played across continents on Tuesday.
The mortar shelling and small arms firing from across the border was intense in Shahpur, Kirni and Qasba sectors along the LoC in Poonch district.
'For a man who had just received news of his daughter's kidnapping, he showed no sign of anxiety or agitation.' 'Here is a cool customer, I thought to myself.' 'The only thing he said was, 'I would not have been so anxious had they kidnapped my son'.' 'He told me that his daughter Rubaiya, who was a medical intern, was returning home from the hospital in a minibus when it was stopped close to the Mufti's house.' 'She was taken by four armed militants.' A gripping excerpt from Moosa Raza's Kashmir: Land Of Regrets.
The United States has joined India in condemning the terror strike in Jammu, with the two countries vowing to consolidate their efforts to eliminate terrorist safe havens and calling on Pakistan to bring to justice the perpetrators of the 2008 Mumbai attack.
Bourses chiefs say, they are keeping a constant vigil to thwart any attempt to make undue gains through the markets.
If you are upset with your colleague's work, please resolve all issues within the precincts of your workplace. Never outside of your workplace.
As the Indian stock market gyrates to the tune of global uncertainties, investors are looking out to invest their moneys in safe haven. Gold, in virtual form, can obviously be one of those safe havens. But if you are not convinced here are 7 reasons why you must invest in gold exchange traded funds.
'Everyone is confused, lost, worried and unsure about the future.' 'Regular communication from the owners or leaders will keep anxiety at bay for employees.'
For two decades after his release in exchange for passengers of a hijacked Indian Airlines plane in 1999, Azhar has since been the darling of Pakistan's external snooping agency Inter-Services Intelligence.
Move 10 per cent of your portfolio to the yellow metal.
India's oldest stock exchange has created weekly, monthly, quarterly and annual price bands
OMCs' Digital India move is likely to have an impact on more than 80.3 million Pradhan Mantri Ujjwala Yojana consumers, majority of whom are not exposed to digital transact.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
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