Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.
'A fair bit of shock and certainly excitement with how it was all unfolding, but nothing I could have ever imagined.'
A seasonally-strong quarter, with no immediate impact of the second wave and continued acceleration of digital transformation will allow the IT services sector to report a robust Q1 this financial year. However, key metrics to look out for will be attrition rate and margin lever as they will be impacted by salary hikes. Analysts expect growth for the quarter to be broad-based, with sectors like banking, financial services and insurance (BFSI), retail, manufacturing, hi-tech and life sciences driving revenue growth. Analysts across brokerage houses are pegging revenue growth in the range of 1.5 per cent to 4.5 per cent.
Having defied convention, Kashmir's first all-girls rock band is facing a challenge of online threats and abuses from conservative sections of the society.
Gujarat high court on Thursday dismissed a Public Interest challenging the state government's decision to give further extension to Justice G T Nanavati Commission, inquiring the 2002 post-Godhra riots cases.
The dates for the crucial assembly elections in Gujarat and Himachal Pradesh have been finalised and will be announced by the Election Commission on Wednesday.
Rediff.com's Amir Mir analyses the controversial developments post the explosive Memogate scandal that rocked Pakistan and reveals President Asif Ali Zardari's resolve to take on forces that are out to topple him
The Advertising Standards Council of India (ASCI) has rapped the fast moving consumer goods majors Hindustan Unilever and Paras Pharma for their objectionable deodorant commercials, and asked them to pull them off air.
The restructuring, which will involve nine listed companies, including TVS Motor, Sundaram Clayton, Sundram Fasteners, TVS Electronics and TVS Srichakra, among others, will give each family group complete ownership of businesses they manage while scrapping the holding company.
Hockey India lambasted the Indian Hockey Federation for trying to lure players for its unsanctioned World Series Hockey league, saying such efforts by IHF are a 'blatant anti-national campaign' which will lead to 'slow poisoning' of the national game.
Hours after Pakistan President Asif Ali Zaradri suddenly returned home in the thick of brewing standoff over the memogate affair, the army sought to dispel impression that a telephonic conversation between him and its powerful chief Gen Ashfaq Parvez Kayani had anything to do with the "some events" in last 72 hours.
Afghanistan President Hamid Karzai urged United States Senators to secure strong American support for Pakistan President Asif Ali Zardari in his efforts to free his country from extremism, according to a classified US diplomatic cable released by whistleblower website Wikileaks.
The Pentagon on Tuesday said that it has expressed "deepest regret" on the loss of life due to cross border fire on November 26, but declined to comment if there was any move by the United States to apologise for the incident that killed 24 Pakistani soldiers.
Last year's Budget had created uncertainty about the quantum of tax to be withheld on dividends paid to non-residents, as the exact tax rate was not specified under section 195.
In early-December, Air India had appointed global consultancy firm Deloitte to vet the SBI Caps-prepared financial restructuring plan.
"These are just aliases given to terrorists operating in Jammu and Kashmir by their outfits. Abu Talha, Abu Owias, Sajad Afghani etc are the code names given to the terrorists by their outfits. The actual names of these terrorists are, in fact, never known," a senior police officer said.
As it finalises the Lokpal Bill for moving it in Parliament next week, government is open to many suggestions made at the all-party meet, including bringing the prime minister under the purview of the ombudsman with certain safeguards and 50 per cent quota for SCs, STs and others.
The company's total income stood at Rs 5,821 crore, showing an over six per cent rise, at the end of the September quarter of the current fiscal.
The state department said foreign tourists departing India with visitor (T) visas will now receive a stamp in their passports at the port of departure that indicates that the bearer will not be allowed to re-enter India for two months, regardless of their length of stay or validity of the visa.
The registration of a complaint of rape by a Russian girl against a local politician was delayed further with the Goa police handing over the case to the Crime Branch.
The New York police on Sunday defused a car bomb in the heart of New York's famous tourist hub of Times Square after evacuating thousands of visitors, residents and theatre-goers from the area, averting what could have been a "very deadly event" in the US.
Senior Superintendent of Police, Lucknow, Akhil Kumar said the speeding Safari was being driven by 20-year-old Kashif Abbas, son of SP MLA from Gazipur Sadab Fatima. Kumar said three people have been killed in the incident while seven others have been admitted to the Trauma Centre with serious injuries.
The Export Oriented Unit status of Reliance Industries' Jamnagar refinery in Gujarat has ended, allowing the company to sell petrol and diesel locally including through its 1,432 now-closed petrol pumps.
Pakistan's new President Asif Ali Zardari offered prayers on Thursday at the grave of his slain wife and former premier Benazir Bhutto in Sindh, his first such visit since taking over the highest Constitutional post.
Gandhi, in a message, also asked Andhra Pradesh Chief Minister Y S Rajasekhara Reddy to take immediate steps so that those responsible are brought to the book.
In a fresh ultimatum, the CPI(M) has threatened mid-term polls to Lok Sabha if the government goes ahead with IAEA talks beyond December.
Thanks to the McLaren ban, even if their drivers score points in the next few races, no one from the team will be allowed to take a place on the podium. So a McLaren one-two could conceivably mean Felipe Massa standing alone on step three.
Exports of computer software and services is likely to post a 29 per cent growth and reach close to Rs 100,000 crore
In the latest development to a case full of bizarre twists, the lead defendant in the BALCO global steroid case abruptly changed lawyers on Friday, two weeks before a key hearing.
In a bid to attract more passenger traffic from India, UAE's Emirates airlines on Tuesday announced a special 'companion offer' on their newly launched service from five Indian cities to New York via Dubai.
The European sprint champion denied the 'wilful' taking of any banned substance, his lawyer has said in a statement.
People who observed the way his wealth and political clout grew say his fortunes hchanged once the ruling establishment handed him control of sand quarrying in Vellore and Kanchipuram districts after 2011.
'If, as appears to be the case, India is on way to 'mending fences' with China, and China is equally desirous to 'reset' the relationship, this could be a self-reflexive moment in India's positioning vis-a-vis not just the Dalai Lama, but also the Tibetan issue and China as a whole,' points out China expert Alka Acharya.
