There are better ways to hedge inflation and exchange rate risk than buying gold, says Martin Feldstein.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
'The 2017 Doklam stand-off in Bhutan, the 2018 Maldives crisis, and the 2020 Nepal Kalapani border dispute shows how Beijing has shot off these countries' shoulders to target India.'
The contrast between the two meetings couldn't have been more stark, yet, both were organically linked, the latter a show of support for the former.
Which of these sequinned looks is your favourite?
Reserve Bank of India on Thursday said a centralised portal would be ready in three to four months wherein depositors and beneficiaries can access details of unclaimed deposits across various banks. As of February this year, about Rs 35,000 crore of unclaimed deposits were transferred to RBI by public sector banks in respect of deposits which were not operated for 10 years or more. "In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs," RBI Governor Shaktikanta Das said while announcing the first bi-monthly monetary policy for the current financial year.
India's hopes of breaking their ICC trophy drought after 2013, remained unfulfilled as Australia handed them a crushing loss at the WTC Final.
The rally in silver may continue if the global economic recovery remains on course.
Given the economic trends, it might make sense to allocate some savings to gold.
Vedanta group chairman, Anil Agarwal, 69, is well known for his business journey from a scrap dealer from Bihar to a London-based globe-girdling metal and oil and gas conglomerate with revenues of $19 billion. Now his abilities to keep his group from over-leveraging itself will be put to the test. Over the years, Agarwal, now based in London, set up the conglomerate via acquiring iron ore producer Sesa Goa, Cairn's oil producing assets in India, and Electrosteel Steel.
While the purchases of celebrity investors become public knowledge, what is not known is the price point at which they bought them.
Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.
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 broader economy risks a potential flight of foreign portfolio capital, therefore pressure on the rupee and more bad news on the stock market, warns T N Ninan.
The winning photos of the Animal Friends Comedy Pet Photo Awards 2022.
After declining for three consecutive quarters, the value of FPI investment in Indian equities rose 8 per cent quarter-on-quarter to $566 billion in the July-September period, according to a Morningstar report on Wednesday. A fast-changing global macroeconomic landscape, sentiments and opportunities that the Indian equity markets have to offer impacted the direction of flows by Foreign Portfolio Investors (FPIs). Through the quarter, the value of the FPI holdings in domestic equities surged by 8 per cent to $566 billion from $523 billion recorded in the previous quarter.
Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty (ISIR) revealed that 61 per cent of High-Net-worth Individuals (HNIs) and Ultra High-Net-worth Individuals (UHNIs) are looking to buy luxury real estate during 2023-24. The sample size of the survey is more than 500 HNIs and UHNIs.
The high court of Karnataka has upheld the recent ban imposed on the Popular Front of India (PFI) and stated that the Centre has the power under the Unlawful Activities (Prevention) Act, 1967 to ban an organisation with immediate effect.
Alphabet, the parent company of Google, is likely to join the list of Big Tech companies going for large-scale layoffs. With this, almost the entire universe of FAANG - acronym for Facebook, Amazon, Apple, Netflix and Google - has now come under the layoff turbulence hitting tens of thousands of tech jobs around the world. Reports surfaced on Tuesday about the Mountain View (California)-headquartered tech giant planning to fire around 10,000 employees.
Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."
"With RIL commissioning its second refinery last December, the total capacity of the (Jamnagar) complex will go up to 1.24 million barrels a day, exposing it to international vagaries. By surrendering the EOU status of one refinery and maintaining that of the other, the company will be able to hedge its risks," said an industry veteran. EOU status for RIL's second refinery currently ends in March 2010.
Such schemes need 3-5 yrs to take advantage of dollar and market risk.
The depreciating Indian rupee (the currency touched a record low for the second day in a row and closed at 53.22/23 to the dollar on Tuesday) has brought the foreign fund-raising cost for India Inc on a par with the domestic borrowing cost.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
The rupee depreciation will work in favour of students who are currently studying in the US and plan to secure a job that pays in dollars.
These jobs don't necessarily require a degree in engineering or specialisation in coding.
Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale.
The bull run in the Indian equity markets is intact, said analysts at Morgan Stanley in a recent note. They expect the S&P BSE Sensex to hit 80,000 levels by December 2023 in their bull-case scenario, to which they have assigned a 30 per cent probability. From the current level, this translates into an upside of nearly 29 per cent.
Why weren't the chief ministers of Andhra Pradesh, Goa, Kerala, Maharashtra and Telangana -- all of which have borders with Karnataka -- not invited to Saturday's swearing-in ceremony, asks Shyam G Menon.
What is more surprising is that a surge in Russian oil supplies has come after the G7 imposed stringent sanctions on Moscow.
Member of the joint drafting committee on Lokpal bill, N Santosh Hegde, on Friday strongly disapproved of Anna Hazare's insistence on "having his way" in Parliament and sought to make out a case for ending his fast even while continuing the anti-corruption fight.
The Deodar's lifespan stretched from 1215 (construction of the Qutub Minar) to 1919 (the Jallianwala Bagh massacre). Magnificent and imposing, a cross section of its bark is the piece de resistance at a unique museum of India's forests.
Foxconn means serious business in India. Its delegation to India was led by its Chairman Young Liu who met Prime Minister Narendra Modi.
But Gavaskar's sharp wit and sarcasm was evident from what he said next about what exactly was Kohli expecting.
Many Indians bet on cricket and other sports at offshore websites.
'India has formed tremendous resilience and still a strong growth.'
'Very few of small investors stay invested for those three or four or five years.' 'If there's like a six month, one-year period when market is not doing well, you exit.' 'After the market has run up, you get in again.' 'This way you will never make returns.'
Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled new highs despite persistent geopolitical uncertainties and inflation worries. Analysts attributed better macroeconomic fundamentals, the confidence of retail investors and foreign investors investing again in the domestic equities towards the latter half of 2022 as the key factors that led to the outperformance of the Indian market in comparison to many other stock markets worldwide. During the initial part of the year, markets were jolted by the Russia-Ukraine war.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
