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.
There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
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.
Bombay Bullion Association to develop a software for the same.
'We used to give these boxers a hammering in the ring and now they are teaching youngsters how to defend. Come on man!' 'People like Akhil Kumar and Jitender Kumar were among the top boxers in the world, but instead of choosing them to train young boxers they are picking people who are yes men.'
Athletes from the army accounted for 20 medals -- 3 Gold, 7 Silver, 10 Bronze at the Asian Games.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
A look at how India's athletes fared on Day 3, Monday, July 29, 2024:
Any shift in investor sentiment may result in speculators fleeing the gold market, driving its price down sharply, quickly. One significant risk for gold is a near-term reversal in the dollar, which recently fell to a two-year low.
Tamil Nadu's Praveen Chitravel produced the third longest-ever jump by an Indian with a stunning effort of 17.18m to clinch gold in the triple jump and qualify for the World Championships
'It's better to be over-insured than underinsured.' 'Ensure your home insurance includes STFI (storm, tempest, flooding, and inundation) cover for protection against monsoon rains.'
Beatrice Chepkoech of Kenya, the 3,000 metres steeplechase world champion in 2019, passed this season's world leader Sembo Almayew of Ethiopia with a lap remaining to win in 9:05.98.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Uttar Pradesh wicketkeeper-batter Dhruv Jurel paid tribute to his parents for their sacrifices.
Will continue to play for India in multi disciplinary events
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Images from the World Athletics Championships in Eugene, Oregon, on Tuesday, Day 5.
'If the government sincerely addressed the issue of missing persons, it would alleviate 80% of the grievances in Balochistan.' 'No matter how many development projects Islamabad announces for the region, the people will remain upset as long as their loved ones are missing.'
World Championship triple silver medallist Jyothi Surekha Vennam overcame the mighty Korean challenge twice, including in a gripping but controversial final, to win the women's compound individual gold at the Asian Archery Championships in Dhaka on Thursday.
A combination of factors, including heavy investments in US Treasury bonds and dollar sales at a healthy profit, facilitated the Indian central bank in transferring a record surplus of Rs 2.11 trillion to the government for 2023-24 (FY24). The RBI's dollar purchases increased in FY24, supported by robust capital inflows endorsing the economy's health.
Tokyo Paralympics silver medallist IAS officer Suhas Lalinakere Yathiraj bettered his bronze from the last edition by winning gold in the SL4 final. Sukant Kadam took home the bronze in the same event.
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
If one looks at selection pattern, Jurel was the second keeper behind Sanju Samson for this series and Jitesh was a late entrant because of the unavailability of the World Cup squad members.
The country's exports edged up 1 per cent to $38.45 billion in December 2023 while the trade deficit narrowed to a three-month low of $19.8 billion, official data released on Monday showed. Imports declined by 4.85 per cent to $58.25 billion in December last year due to a dip in crude oil shipments. The previous low in trade deficit - the difference between imports and exports - was recorded in September at $19.37 billion.
'If equities perform well in a year, withdraw money from equities. If the equity market is down, shift withdrawal to the debt portion.'
As the Diwali festivities kick off, Dhanteras emerges as a pivotal day for traders nationwide, with an estimated trade volume of Rs 50 thousand crore, predicts the national president of the Confederation of All India Traders (CAIT), BC Bhartia, and secretary general Praveen Khandelwal. In his post on X, Praveen Khandelwal called on the people to patronise various women entrepreneurs. "Full support of 9 crore businessmen @CAITIndia of the country in the call of Prime Minister Shri @narendramodi ji this Diwali #VocalForLocal and the appeal #NaariSeKharidaari of Union Minister Smt. @smritiirani ji. We are providing the country's market to all the women entrepreneurs, from small diyas to those running boutiques. You too should shop from women and visit their homes too" Khandelwal said.
Images from Tuesday's action in the Premier League
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Only three or four tonnes is estimated to have been mobilised under the scheme.
Valerie Adams chalks up another medal for the mums.
Chennaiyin went into the lead after Suhail Pasha's header took a deflection from Hira Mondal and went inside the net for an own goal.
Rafa Nadal returned to action for the first time since January at the Brisbane International on Sunday, losing his doubles match but overall showing no obvious after-effects of the hip injury that ruined his year.
As it is a highly liquid asset, central banks can afford to look past its short-term volatility to longer-run average returns.
'I have no doubt that when she was prevented from meeting Kejriwal, she felt humiliated.'
Novak Djokovic's bid for a record 25th Grand Slam title kicked off on Monday with an easy win over qualifier Radu Albot in the US Open first round.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
Argentina beat Belgium 4-2 to claim the Olympic title and win their country's first Games medal in men's hockey, edging a close-fought match between two teams few expected to make the final.
