Mutual funds have launched a clutch of new fund offers in the silver ETF (exchange traded fund) category this year and collected Rs 1,400 crore in assets after the introduction of the newly-created investment asset class by market regulator Sebi in 2021. Further, fund houses including Kotak Asset Management Company have filed draft documents with the markets regulator to float silver ETF as well as silver ETF fund of funds for investors, information with the Securities and Exchange Board of India (Sebi) showed. These NFOs (new fund offers) are providing an opportunity to the investors to digitally invest and own silver which is easily tradable during market hours.
The macroeconomic implications of successful Iranian Bourse selling oil denominated in non-dollar terms are in fact profound for the world of finance.
Silver is emerging as a stronger bet for the long-term.
In Brazil it will be the Olympic moment everyone remembers.
Israeli Prime Minister Naftali Bennett was among the first to congratulate Dolgopyat praising the 24-year-old for making "blue and white history".
Indian exporters are said to be exporting gold jewellery with minimum value addition to get a higher gold import quota for domestic market after imports linked to exports under the 80:20 rule.
Thiago da Silva won Brazil's first athletics gold of their home Games on an extraordinary, unforgettable Monday night in Rio, producing an Olympic record of 6.03 metres in the pole vault to beat hot favourite Renaud Lavillenie and send the fans into raptures.
Delhi boy Tejaswin Shankar produced a record-shattering performance as Indians struck two gold and a silver medal to launch their Commonwealth Youth Games campaign on a rousing note in Apia, Samoa, on Monday.
China would have been among the top medal contenders in the Olympiad and their absence would brighten India's chances.
Sun Yang became the first Chinese swimmer to win the Olympic men's 200 metres freestyle gold medal on Monday.
Both the government and RBI are expecting the CAD to be below $56 billion in the current fiscal compared to the record high of $88.2 billion, or 4.8 per cent of the GDP last fiscal.
Hosts Brazil won their first gold of the Rio 2016 Summer Games after Rafaela Silva won the women's-57kg judo event on Monday. Another country to open their 'gold account' was Croatia, thanks to trap shooter Josip Glasnovic's superb effort in the shoot-out.
Need an outfit for a night-out with your BFF? Or a chic touch to your daytime look? Let the stars inspire you.
A look at the gold medal winners on Day 10 of the London Games.
Key to Modi's plan will be the interest rates offered for gold deposits.
First lady Jill Biden cheered her countrywomen to an upset victory over the French in the debut of 3x3 basketball at the Olympics as President Emmanuel Macron watched on from the sidelines.
Maharashtra quarter-miler Aishwarya Mishra is giving a torrid time to authorities as she has "disappeared" after winning a gold in the Federation Cup National Championships, last month.
Gold is currently ruling at Rs 30,050 per 10 grams.
India, who have been among the top teams over the last five years but unable to win a major trophy
Ms Usha may soon discover that winning four gold medals at the Asian Games and qualifying for the Los Angeles Olympics is a walk in the park compared with the challenges of stabilising governance at the IOA, observes Kanika Datta.
Manjit Singh came from nowhere to snatch the men's 800m gold for the biggest medal of his life but finals continued to be a riddle for P V Sindhu
India's current account deficit which narrowed in the second quarter of this fiscal, however, is likely to widen during the second half of FY 2013-14 as seasonal demand bring in more imports, an HSBC report says.
Hockey greats Balbir Singh (Sr) and Ajit Pal Singh hailed India's Asian Games gold medal-winning effort but felt the players still have a mountain to climb to succeed at the World and Olympic level.
'It's really nice for women, I am very fond of football and when I was in my country I thought maybe this (Qatar) is an area for only men, and maybe it is uncomfortable for women but no, I am very comfortable and it is very nice here.'
The International Olympic Committee dashed Russian athletes' hopes of marching behind their national flag at the Winter Games on Sunday, deciding against immediately lifting Russia's Olympic suspension after fresh doping violations
Simone Biles' triumph made her the fourth successive American to win the title -- following the successes of Carly Patterson, Nastia Liukin and Gabby Douglas -- which is the longest winning streak by a country in the Olympic discipline.
Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.
Bahrain's Ruth Jebet blew away the competition to win the women's 3,000 metres steeplechase gold on Sunday, but narrowly missed out on the world record. Jebet ran a bold race, bursting into the lead after a few laps and setting a blistering pace to win in 8 minutes, 59.75 seconds, just shy of the 8:58.81 world record set by Russia's Gulnara Galkina at the 2008 Beijing Games.
Elia Viviani's Olympic gold medal hopes seemed to have vanished in a tangle of legs and carbon fibre after a crash during the finale of the men's omnium but the Italian recovered to claim an emotional victory.
Take a fashion tip or two from these celebs, as you vote for your favourite look.
A summary of sports events and persons who made news on Friday
Brazilian police arrested on Thursday the head of the national Olympics committee, who is accused of conspiring to bribe members of the International Olympic Committee (IOC) to pick Rio de Janeiro as host of the 2016 games.
Traders said sentiments continued to remain bearish on persistent selling by stockists after the RBI last week eased import norms on the yellow metal by allowing select trading houses, in addition to already permitted banks, to procure the metal to boost exports.
In hockey, the women's team continued its inspiring run with a silver medal at the Birmingham Commonwealth Games.
Chirag Shetty and Satwiksairaj Rankireddy are aiming to win their maiden title at the All England championships, secure a Paris Olympics berth, and possibly emerge No 1 in the world.
With this amount, the total seizure in the case has now gone upto Rs 166 crore in a single case.
The four-time Olympic champion finished first at the end of the US Olympic gymnastics trials in St. Louis, Missouri on Sunday.
At the half-hour mark, East Bengal appealed for a penalty, but a freekick was awarded at the edge of the box instead. Silva's strike from the set piece was punched clear by junior World Cupper Dheeraj Moirangthem.
The Delhi Police on Friday registered two FIRs in connection with sexual harassment allegations levelled by women wrestlers against Wrestling Federation of India chief Brij Bhushan Sharan Singh.
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