'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.'
Official imports into India shrank almost 90 per cent in the six months to November
Simone Biles' bid for a record six gold medals at the Tokyo Games ended abruptly on Tuesday when she dropped out of the women's team final after one vault and watched as the United States surrendered their title to Russia.
With a jam-packed schedule brimming with both legendary athletes and captivating storylines, Paris 2024 promises unforgettable moments.
Finance Minister must be hoping that Indians get over gold-addiction.
The World Gold Council, which represents the mining industry, puts India's demand between 850 and 950 tonnes in 2014.
Just when you think you have seen enough of him, the genial goalkeeper from Kerala conjures up something special and leaves you pleasantly surprised.
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.
Simone Biles surpassed Belarusian Vitaly Scherbo's record of 33 medals in total at the Olympics and World Championships.
The Reserve Bank on Wednesday imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms on concerns over evergreening of loans. The central bank has asked ECL Finance Ltd (ECL) to cease and desist from undertaking any structured transactions in respect of its wholesale exposures, other than repayment and/or closure of accounts, an official statement said.
The second day of pre-Diwali Dhanteras witnessed a tepid response from shoppers on Friday as gold and silver sales have likely to be fallen by up to 35 per cent year-on-year due to high prices and COVID-19 induced financial distress, although consumers moved to online buying to make most of the festival, jewellers said. The buying was heavily restricted to light weight jewellery, coins and precious stones due to lower purchasing power and high gold rates, they said. Due to the fear of coronavirus infection, many customers who had booked in advance were taking delivery of wedding orders on Friday, while some were seen buying safely through online brands like Tanishq and Melorra.
Chopra to begin season with Doha Diamond League on May 10, Jena also to compete for his DL debut
The best way to curb gold demand is by reducing black money in circulation.
alaika Mihambo of Germany snatched the Olympic gold in women's long jump with her final leap of 7.00 metres in an enthralling final at the Tokyo Games on Tuesday.
Julia Grosso kept her cool with the decisive penalty in sudden death to give Canada top spot on the podium after bronze medals at London and Rio.
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.'
The council is looking at the youth as a segment in the global market and has started the LoveGold on the social media (Facebook and Twitter).
Proving wrong his detractors' claim of being sidelined after denial of chief minister's post for fifth time last year, Bharatiya Janata Party leader Shivraj Singh Chouhan won Madhya Pradesh's Vidisha Lok Sabha seat for the sixth time by a record margin of 8.21 lakh votes.
The Swede broke his own pole vault world record with a 6.24 metres effort in the first Diamond League meeting.
Jamaica's Elaine Thompson-Herah made Olympic history in Tokyo Tuesday, blazing to victory in the 200 metres to complete an unprecedented women's sprinting "double-double".
Global gold demand hit an 11-year low in 2020 at 3,759.6 tonnes, mainly due to a weak October-December quarter and the COVID-19 related disruptions across the world driving a muted consumer sentiment throughout the year, the World Gold Council (WGC) said in a report. The overall consumer demand during 2019 was at 4,386.4 tonnes, while in 2009 the overall demand was at 3,385.8 tonnes, according the WGC's 2020 Gold Demand Trends report. Global gold demand dropped by 28 per cent year-on-year (YoY) to 783.4 tonnes in the fourth quarter compared to 1,082.9 tonnes during the October-December period of 2019, the report stated.
French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.
Gold schemes are offering attractive returns to investors.
In the past two years, investors in gold have lost money.
The recently approved government scheme provides both liquidity and returns.
Regaining the lost sheen, sales of gold jewellery and coins are set to touch pre-COVID levels in volume terms on the auspicious Dhanteras as easing pandemic concerns and pent up demand saw consumers flocking to stores to buy the precious metal. Increased footfall at stores and brisk sales online as well as relatively softer gold prices compared to record Rs 57,000 per 10 grams level in August spurred increased buying, especially light weight offerings, on Tuesday. Dhanteras is considered to be auspicious for buying precious metals and other valuable items.
Legendary pistol marksman Jaspal Rana has expressed grave concerns over the delay in naming the Indian shooting contingent for the Paris Olympics.
India's gold demand recovered during the January-March period to witness a growth of 37 per cent at 140 tonne compared to the same quarter of 2020, due to ease of COVID-related restrictions, pent up demand and softening of prices of the yellow metal, according to the World Gold Council (WGC). The overall gold demand stood at 102 tonne during the first quarter of 2020, as per WGC data. Gold demand in value terms increased by 57 per cent during the first quarter of this calendar year to Rs 58,800 crore compared to Rs 37,580 crore in the corresponding period of 2020.
Based on the estimate, a courier bringing in 1 kg of gold currently worth around $40,000 at world prices could earn $470 if not caught.
India has 20,000 tonnes of idle gold; gold is an important aspect of women empowerment: PM.
Conversion into jewellery during redemption would entail 15-20% wastage and making charges, rendering the scheme inefficient
The current bear run has already been the second longest since 1975.
The Finance Minister has withdrawn excise exemption on 130 items and a nominal central excise duty of 1 per cent is being levied on these 130 items that are mainly in nature of consumer goods.
The short-term risk to our external balances stems from the yellow metal.
While players like Paytm, MobiKwik, and PhonePe allow you to buy gold for Rs 1, Amazon Pay has kept the minimum amount at Rs 5. Digital gold is essentially an avenue for investing in physical gold.
India's weightlifting juggernaut continued to roll at the Commonwealth Games, with Punam Yadav adding a fifth gold medal to the tally after winning the 69 kg category for women on Sunday.
The World Gold Council (WGC) said the recent fall in gold prices was driven by speculative traders in the futures markets.
I have not announced retirement: Mary Kom
Sales of gold coins and bars should be curbed after reaching around 300 tonnes
In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore
