In comparison to other asset classes, globally, gold rallied significantly after many years to deliver 18.4 per cent returns in 2019.
Unheralded Mohan Bhardwaj also shared the limelight as he stunned reigning World champion Nico Wiener en route to winning a dream World Cup individual silver medal as Indian compound archers outshone their much-fancied recurve teammates.
Regaling fans since decades with her brand of charm and charisma, Bollywood's eternal diva has channelled lot of these attributes in her chartbuster songs.
'We watched the film many times but each time, we would cry.' 'During the editing and sound mixing, my whole team would cry.' 'When we reached the music composing stage, it happened again.' 'Our producer said it is too much to be crying so many times.' 'But we never thought the film would be such a big hit.'
Record liquidity infusion by the central bank in the banking system during the financial year 2020-21 amid sluggish economic activity resulted in banks investing more in safe government papers than in extending loans, data from Reserve Bank of India (RBI) showed. This trend has not been seen in nearly two decades, barring 2016 - the year of demonetisation.
Despite a high current account deficit (CAD) and lower interest rates abroad, the Union government will not go for a sovereign bond issue to get more dollars.
Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.
A husband has no control over his wife's 'stridhan' (woman's property) and while he may use it during the time of his distress, he has a moral obligation to return it to his wife, the Supreme Court has reiterated while directing a man to pay Rs 25 lakh to a woman in return for her lost gold.
Swapnil Kusale isn't really superstitious but when fellow mates Akhil Sheoran and Shriyanka Sadangi gifted him a small key chain to ward off evil eye, he readily accepted it
'When there was a match, he would be up all night watching it on his laptop with Kishori Amonkarji singing on the side.'
'The horse is the main member of the team, I would say. What really attracted me to dressage was that though power is involved it still has to look elegant and that you are completely in sync with your horse.'
Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-grams level amid pandemic woes, inflation worries and stronger US dollar. After a stellar run up in 2020 when the yellow metal touched a record high of Rs 56,200 on the MCX in August, the prices are near Rs 48,000 per 10 grams now. This is roughly 14 per cent lower from the all-time highs and 4 per cent lesser compared to January 2021 levels.
Shubman Gill says that given a choice he would like to play for Kolkata Knight Riders forever.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
'India has about 22,000 tonnes of private gold, held by individuals and temples.' 'Much of this is locked up in safes and vaults as a dead investment. If we can put the vast reserves of gold to use, it would boost the economy,' says V P Nandakumar, executive chairman, Manappuram Finance, India's first listed gold loan company.
Aseem Chhabra picks his top 10 Indian films of 2024, which includes films that have had theatrical releases or are streaming on OTT.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
India's gold import bill, estimated at $3 billion in May, is seen falling further this month
'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'
Foreign Portfolio Investors' (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
'I had got some offers from the South and most of them were negative roles.' 'I used to think that whatever I would play, the character would stay inside me and corrupt my value system.' 'So I was very scared of getting out of character, especially negative roles.'
Foreign Portfolio Investors (FPIs) selling spree continued as they dumped Indian equity worth over Rs 5,800 crore this month so far on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
From feeling hopeless to Olympic medal three days later, the changing fortunes of shooter Sarabjot Singh
Stocks to watch: Videocon, Blue Star, Hitachi, MIRC Electronics, BPL, Whirlpool, Gitanjali, Titan Group
Shashi Tharoor, who is eyeing a fourth consecutive win from the Thiruvananthapuram Lok Sabha seat, has declared assets of over Rs 55 crore in his nomination papers.
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.
As India prepare for their quarter-final match, it seems that Horn's boot-camp has had its desired effect.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
Falguni and Shane Peacock, the celebrated fashion designers, invite you into their home.
From hitting massive sixes, to scoring tons of runs, to producing breakthroughs, charismatic all-rounder Sunil Narine has been KKRs' go-to man for more than a decade in the IPL, and co-owner Shah Rukh Khan was effusive in his praise for the all-rounder, calling him the "Superman" and the real energy behind the team's success.
The US Federal Reserve's decision to continue bond-buying has lifted investor sentiment for gold and silver.
It's just that Quantum Of Solace -- this hideously named film that sounds far more appropriate to a bespectacled boy wizard than to double-o-seven -- tries so hard to appropriate the magic of the Bond franchise, of the glorious Sean Connery films and the crackling intensity of 2006's Casino Royale, that while it provides an adequately entertaining collection of action set-pieces, it fails to bring anything original to the table.
As it is a highly liquid asset, central banks can afford to look past its short-term volatility to longer-run average returns.
Lots of family connections, folks...
Physical assets such as gold and real estate have their own positives and negatives, while other financial assets such as mutual funds, stocks and bonds come with their pluses and minuses. Let us look at both options in a little more detail.
Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.
Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the story takes an intriguing turn on observing FPI activity in Indian debt as they have infused over Rs 5,700 crore into the debt market during the period under review, data with the depositories showed. Going ahead, the trajectory of FPIs' investments in India will be influenced not only by global inflation and interest rate dynamics but also by the developments and intensity of the Israel-Hamas conflict, Himanshu Srivastava, associate director - manager research, Morningstar Investment Adviser India, said.
'Invest a part of your portfolio in a global currency that can't be printed, or meddled with -- gold,' suggests Chirag Mehta.
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
