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Why are gold prices rising? Chris Wood of Jefferies explains

China's official gold reserves, Wood said, have increased by 314 tonnes, or 16.1 per cent, from 1,948 tonnes at the end of October 2022 to 2,262 tonnes at the end of March 2024 Photograph:......

Wipro Q4 net profit falls; new CEO flags uncertainty in macro environment

IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about Rs 2834.6 crore, and cautioned that the macroeconomic......

IT firms may report muted Q4 growth, eyes on FY25 guidance

January-March quarter, is considered to be a soft quarter, and will continue to see the headwinds that the sector has been facing. And the sector will enter the new financial year on a weak......

'Small, mid-caps attractive long-term'

'Given the inherent volatility, investors should take at least a three to five-year view.' Illustration: Dominic Xavier/Rediff.com Mid-and smallcaps have been battered badly in the last few weeks.......

Worst not over for bank stocks; sit on the sidelines for now, say analysts

Investors should view any bounce-back in bank stocks as an opportunity to exit the pack, analysts suggested, as the worst may not be over yet. Illustration: Uttam Ghosh/Rediff.com The recent......

PIX: Alcaraz flees the bees at Indian Wells

IMAGE: Carlos Alcaraz reacts to swarm of bees which swarmed the Centre Court during his quarter-final match against Alexander Zverev at the BNP Paribas Open in Indian Wells. Photograph: Jayne......

Indian Wells Tennis PICS: Djokovic makes winning return

IMAGE: Novak Djokovic plays a return in his second round match against Aleksandar Vukic during the BNP Paribas Open at Indian Wells Tennis Garden at Indian Wells in California, USA on Saturday.......

Nagal loses to Raonic in Indian Wells first round

IMAGE: Sumit Nagal, who is ranked 101st in the ATP charts, went down in straight sets. Photograph: Ciro De Luca/Reuters Sumit Nagal was handed a straight-set defeat by Canada's Milos Raonic in the......

Nadal's withdrawal proves 'lucky' for Nagal

IMAGE: Sumit Nagal advanced to the main draw of the BNP Paribas Open as a 'lucky loser' after Spanish superstar Rafael Nadal withdrew from the event. Photograph: Sumit Nagal/Instagram India's......

Dominic Thiem ekes out win in Croatia

Dominic Thiem ekes out win in Croatia IMAGE: Austria's Dominic Thiem in action. Photograph: Andrew Couldridge/Reuters Austria's Dominic Thiem defeated qualifier Facundo Bagnis of Argentina......

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