For the first time, consumers, including those at the so-called bottom of the pyramid, are monetising gold by taking loans from banks, offering the yellow metal as collateral, says Tamal Bandyopadhyay.
The Supreme Court said on Thursday that the purpose of criminal proceedings is to bring a wrongdoer to justice and not to seek revenge or pursue vendetta.
The suspended WFI, despite being warned of legal action by the Sports Ministry for organising the 'nationals', went ahead with the tournament in Pune from January 29-31.
'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'
In a dazzling showcase at Apple Park, Apple on Monday introduced its latest technological marvels, including the much-anticipated iPhone 16 lineup. The event, held at the newly inaugurated Observatory building, featured an array of exciting updates that promise to redefine the smartphone experience.
The first tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from Monday, the finance ministry said in a statement. The bonds will be issued in six tranches from May 2021 to September 2021, it said on Wednesday. The subscription period for 2021-22 Series I will be May 17-21, and bonds will be issued on May 25.
Since MAAFs invest across multiple asset classes, they offer diversification.
'It is requested that listed equity shares or units of equity-oriented fund schemes be exempted from capital gains tax (LTCG) if equity shares or mutual funds units are held for at least three years.'
Former Commonwealth Games gold-medallist Narsingh Pancham Yadav was elected chairman of the Wrestling Federation of India's Athletes' Commission in Varanasi on Wednesday, completing a process that was mandated by the sport's world governing body.
Jeremy Lalrinnunga smashed two Games records on his way to a sensational gold medal win
The ATP Tour brought the world number ones for a short conversation as they prepared for the prestigious tournament.
All the gold medallists from Saturday's action at the Tokyo Olympics.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.
Japanese 13-year-old Momiji Nishiya clinched the Olympic title in the women's street skateboarding competition on Monday, shedding tears of happiness after nailing her final trick and becoming the country's youngest-ever gold medal winner.
Though gold prices have been softening in the last couple of weeks, in the past decade, gold has appreciated around seven-fold in value. Here's the answer to if you should buy, hold or sell gold now.
Images from the World Athletics Championships in Eugene, Oregon, on Wednesday, Day 6.
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.
Caeleb Dressel won the blue riband men's 100m freestyle as the United States celebrated two gold medals in the Tokyo pool on Thursday while China's women responded with two golds, and a world record, of their own in another thrilling day of swimming.
NIA said that accused Ramees KT and Sharafudheen had travelled to Tanzania and visited shops in the African country where guns are sold. In Tanzania, Rameez attempted to procure a licence for the diamond business. He later smuggled gold to the UAE.
Jyothi Yarraji ready to put end to his mother's enormous struggles
The World record holder has now won four Olympic medals overall, having also taken 5,000m silver in 2008 and bronze in 2004.
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
Para high jumper Sharad Kumar has not met his Ukrainian coach Nikitin Yevhen for more than two years due to the ongoing war between Russia and Ukraine.
Japanese judoka Uta Abe triumphed in the women's 52kg category in Tokyo on Sunday, hours before her brother Hifumi took gold in the men's 66kg final, making history as the first siblings to win gold medals on the same day.
New gold schemes may perform better than previous plans: UBS.
Check out how India's athletes fared on Day 6, Thursday, August 1, 2024:
Gold monetisation scheme will help unlock value of gold.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Import in the first nine months of the current calendar year fell 20 per cent to 525 tonnes from 658 tonnes in the year-ago period.
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.
The 20-year-old Rhythm, who hails from Haryana and was a part of the team that won the 25m sports pistol gold at the Hangzhou Asian Games last year along with Esha and Manu Bhaker, shot 28 in the final to settle for bronze.
You can use gold as a financial instrument to diversify your portfolio into hedging against uncertainties in the market, but for ambitious returns, you must explore opportunities in other asset classes such as equities, debts and real estate, says Adhil Shetty, CEO, BankBazaar.com.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
Bombay Bullion Association to develop a software for the same.
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.
Spaniard Carlos Alcaraz has made it to the semi-finals on his Olympic Games debut.
The Italian and Japanese battled shoulder-to-shoulder as the leading pair in the final 4km, but the Italian coped well with the pressure and accelerated in the final 300m to seal the gold medal.
