Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.
Given the relevance of bank deposits for Indian savers, whether the regulator would permit linking savings interest rate to a repo-like structure needs to be seen, as a move of this nature could increase volatility in savings also.
Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Gross value added and low investment activity by the private sector remain areas of concern
Dhanteras' buying seemed to have been sparked by the belief that prices would remain firm
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange
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
The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.
An Indian-origin couple, Pankaj and Radhika Oswal, building a multi-million dollar mansion in Melbourne, who have run into a dispute with their construction workers over eating ham sandwiches and meat pies during work, are adamant that they do not want their religious sentiments to be hurt.
A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
It was a case of 'buy on hopes and sell on news' as the Indian market posted only modest gains despite a landslide victory to Narendra Modi-led Bharatiya Janata Party (BJP).
A survey by five brokerage houses -- SBICap Securities, Angel Broking, ICICI Securities, Motilal Oswal and HSBC Securities -- reveals that after a volatile calendar year which saw input costs rise to record levels in the first half and then fall dramatically in the second half, FMCG companies will now see the benefit, as it usually takes a quarter for falling costs to show in the results.
Sensex gains 2.4%, Nifty crosses 7,000; investors feel exit polls have vindicated their stand
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
Call it a revival of the information technology (IT) industry or increase in demand from non-IT sectors, office lease and sale transactions have picked up by 10 to 15 per cent in the past quarter.
Airtel and Vodafone Idea are also trying to expand the penetration of 4G users in their subscriber base as they take this network to the hinterland
With March 2016 being the final quarter when banks will have to disclose their stressed assets, the markets are assuming the worst is yet to come
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
"The (tax) exception given to BPOs has to be withdrawn under section 10 (A) of Income Tax Act. There is no provision in DTC for any such extension of benefits," tax expert and International Fiscal Association of India Branch Chairman T P Oswal told PTI.
TCS, Eicher Motors and Kotak Mahindra Bank have turned out be the fastest and most consistent wealth creators.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
Poor rainfall in rain-dependent central and southern India in the next three weeks could affect agricultural GDP growth in the coming season, a report by broking firm Motilal Oswal has said.
More may follow as market indices gain 80 per cent
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Cumulative sales of India's top passenger vehicle makers -- Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar -- increased to 206,418 units in February over 200,322 units in the same month last year, an increase of 3 per cent.
Apart from RIL, home-loan lender HDFC, pharma company Sun Pharma, auto major Hero Honda and software exporter Infosys have emerged among the top 100 wealth creators in the past one decade.
The government had reduced the duty drawback rates by 20-35 per cent on various textile products, the move which was proving detrimental to the growth of industry. Punjab's total yarn and textile export stands at Rs 2,223.38 crore (Rs 22.23 billion) as on March 31, 2008. 81420
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
'Indians are great savers, but they are lousy investors.'
Tata Steel's domestic operations have been its cash cow.
Exponential Investment (Business Associates of Motilal Oswal Financial Services Limited) urgently requires 4-5 graduates (preferebly management / commerce) for Business Development .
Investors remain cautious ahead of F&O expiry.
Price correction over post-election peaks could throw disinvestment calculations awry.
UltraTech currently has 19% market share with Shree Cement commanding 22% of the market
The Indian equity market is likely to see one of its worst phases, with most sectors expected to report a decline in earnings or single-digit earnings growth in Q4 FY'09, a leading broking firm said in its report.