'Investors with as little as Rs 1 can start investing in digital gold.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Sangeeta Bijlani -- who's a gorgeous 64 years old -- stole the spotlight at the Lakme Fashion Week
'The entire town, Hindus, Muslims and Christians, my schoolteachers and the ustads from the madrasa were present to witness my arangettam.'
The retailers are also mulling putting a stop to selling of gold coins and gold bars to curtail investments made in gold, according to an official of trade body All India Gems and Jewellery Trade Federation.
'Asset allocation should change only if your goals, life situation, or risk profile have changed.'
India's gold obsession needs a correction.
While global uncertainty has led to a rise in prices in 2016, there is still a lot of doubt regarding its future.
Novak Djokovic's journey to the podium was fuelled by unwavering determination and the unwavering support of his young daughter, Tara.
Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.
Athletes need not have prior relationship for sharing medals at big events, say Katie Moon
Sukanya Verma lists 15 scenes that reveal facets of Salman outside the formula.
As the nation celebrates its 76th Republic Day, India's sports fraternity took to social media to share their patriotic sentiments and wishes with fans across the country on Sunday.
People who have no access to or do not trust the financial system are the only ones for whom investing in gold makes sense, says Naval Goel.
Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14 per cent on a month-on-month basis, amid heightened volatility in stock markets driven by various macroeconomic factors, geopolitical events and US election results. Despite this, it marked the 45th consecutive month of net inflows into equity-oriented funds, reflecting the growing popularity of mutual funds among investors, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.
The RBI has issued guidelines and the government has notified it.
Gold prices are struggling and are down 18 per cent from their March highs. But stock prices have fallen even more. As a result, the precious metal has begun to outperform equities - both in the domestic market and international markets. Gold prices are up 2.6 per cent in the domestic market in the current calendar year (CY22) so far, according to the World Gold Council (WGC), compared to a 1.7 per cent decline in the Sensex year-to-date (YTD).
Equity markets will turn attractive and bonds and gold are likely to lose their sheen this year as domestic growth revives following the recent reforms and the improving global environment.
Conversion into jewellery during redemption would entail 15-20% wastage and making charges, rendering the scheme inefficient
Harmanpreet said all of it helped when the team was faced with nervy situations like the the quarter-final against Britain, when they were reduced to 10 men for more than 40 minutes after Amit Rohidas was red-carded for dangerous play.
The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.
Sukanya Verma quizzes you to find out just how much you know about the movies.
The income tax department on Wednesday issued FAQs on changes in the capital gains tax saying the idea behind it was to simplify the tax structure and promote ease of compliance. The holding period for various asset classes for the purpose of short- and long-term capital gains tax has been rationalised. The holding period of all listed assets will be now one year for the purpose of long-term capital gains tax (LTCG).
Gold, the safest haven amid the ongoing uncertainty, also emerged as one of the most lucrative investment options in financial year 2022-23 with an impressive return of 16.1 per cent in rupee terms, and 2.3 per cent returns in dollars. And, had it not been for the very high inflow of smuggled gold and the huge discount prevailing in the market due to high prices, the returns in gold would have been much higher, analysts said. The precious metal has consistently been delivering positive returns in India since 2016.
Nadeem clinched the gold medal with a stunning Olympic record throw of 92.97m while defending champion Chopra took the silver
Despite price correction, policies that support the yellow metal will remain in place in the foreseeable future.
Experts recommend buying gold as the fundamentals supporting a rally have not changed.
'It's important that every portfolio is well diversified.' 'My own portfolio is diversified across asset classes: 50% is in equity funds, 15% in international schemes, 25% in debt funds and 10% in sovereign gold bonds.'
While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.
From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India's stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024.
RBI will auction Rs 1,000 crore worth of these bonds next Tuesday.
Gold stocks in India are estimated to be over 20,000 tonnes at present.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Smriti Mandhana, Ellyse Perry, Shafali Verma, Meg Lanning and Harmanpreet Kaur were some of the big names retained by their respective franchises for the next edition of the Women's Premier League.
In addition to interest rates, review the fine print for penalties and repayment terms, and select a reputable lender to avoid harsh recovery practices.
Tom Daley and Noah Williams claimed a silver medal in a thrilling men's synchronized 10-meter platform final at the Paris Olympics.
Analysts say investors should increase their exposure to gold up to 10% of their portfolio, depending on their comfort with a 2-year horizon. But avoid investing in physical gold or deposit schemes run by jewellers
India imports a staggering 1,000 tonnes of gold every year, draining out foreign exchange and putting pressure on the fiscal deficit.