At a time when the whole world is going ga-ga over stocks and debt is too easy to borrow, do not forget gold, says Anil Rego.
It makes sense to wait for govt schemes such as gold bonds.
The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.
'Gold could return 10% to 12% in the next two-three years.'
The recently approved government scheme provides both liquidity and returns.
India will also launch a sovereign gold bond to lower physical demand.
For easy and wide access, the government plans to market the bond through post offices and various brokers.
In the Indian stock market, investors are interested in the actions of both domestic and foreign institutional investors (FIIs and DIIs). These groups have wealth as well as expertise in research, which makes them powerful participants in the Indian stock market. Their buy and sell positions have a large effect on stock prices and market sentiment due to the large volume.
Hina Khan married long-time boyfriend Rocky Jaiswal in an intimate wedding and announced the big news with loved-up pictures on social media.
Chirag Mehta, senior fund manager -- alternative investments at Quantum AMC, shares his views.
Investors should allocate 10 to 15 per cent in their portfolios to gold through sovereign gold bonds.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
It plans to use it as collateral, along with forex reserves, to print currency.
Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.
The Bureau of Indian Standards has certified 33 hallmarking centres in the country to act as collection and purity testing centres for the gold monetisation scheme.
What are the tax implications of investing in gold bonds issued by the State Bank of India? Is there any tax liability associated with investing in gold? Read on to find out.
'Gold could benefit from the resulting risk aversion, as happened last year.'
The government should partner with commodity exchanges such as MCX.
Anil Rego, founder and CEO of Right Horizons, an end-to-end investment advisory and wealth management firm with multi-metro presence, will answer all your queries in an online chat on October 27, between 2 pm and 3 pm.
Given the economic trends, it might make sense to allocate some savings to gold.
'You should always maintain an allocation to gold as it has the ability to counterbalance any correction in the equity market.'
'Investors with as little as Rs 1 can start investing in digital gold.'
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.
With new rivalries, fresh team colours, and familiar faces reunited, this isn't just the start of a new season-it's a blockbuster waiting to unfold.
India's gold obsession needs a correction.
Paris Paralympics Pranav Soorma and his father Sanjeev have quite a few things in common, the most striking being their looks -- well-groomed beards complimented by their ponytail hairstyle.
While global uncertainty has led to a rise in prices in 2016, there is still a lot of doubt regarding its future.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
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.
The RBI has issued guidelines and the government has notified it.
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
Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January.
'Right now hockey is totally changed and anyone can beat anyone depending on the day. It depends on how many chances you create.'
Kajol and Rani Mukerji looked beautiful in shades of red, as they indulged in the Bengali ritual of Sindoor Khela at the North Bombay Sarbojanin's Durga puja pandal in Mumbai.
'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'
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).
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
RBI will auction Rs 1,000 crore worth of these bonds next Tuesday.
Athletes need not have prior relationship for sharing medals at big events, say Katie Moon
