‘It’s a steal’: 2008-crisis predictor ‘Dr Doom’ Peter Schiff advises people to buy gold; flags ‘short-term risk’ in silver

Peter Schiff (File photo taken from X) Economist Peter Schiff, renowned for predicting the 2008 financial crisis, advised investors to buy gold while being cautious with silver. He believes gold is a bargain at $4,534 with minimal downside risk, while silver faces higher short-term risks despite its strong performance in 2025. Schiff recommended waiting for…

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Gold seen as top commodity of 2026 driven by central bank buying, geopolitics; silver to shine too: Goldman Sachs

Gold is set to be the top performer in 2026, driven by strong central bank buying and rising global tensions, according to Goldman Sachs’ latest commodities outlook report. The bank forecasted gold prices to reach $4,900 by December in the new year, with central banks expected to purchase 70 tonnes monthly, which is four times…

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Cyber fraud syndicate busted! Digital scams of over Rs 50 crore uncovered; raids conducted across 7 states

Digital frauds of worth over Rs 50 crore came to light earlier this month after Delhi Police busted an international cyber scams and extortion syndicate, following a series of coordinated raids across several states. The operation led to the arrest of 10 accused, including the alleged mastermind behind the wide-ranging racket.The crackdown was carried out…

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RBI rate cuts, reforms to support India’s growth in 2026: Invesco Report

NEW DELHI: India’s outlook for 2026 improved amid geopolitical challenges due to ongoing reforms and optimism in the US-India relations, said a report by Invesco Strategy & Insights.In its “2026 Annual Investment Outlook Resilience and rebalancing”, Invesco mentioned that despite equity market underperformance amid geopolitical tensions, we are cautiously optimistic on India in 2026, due…

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Income Tax department emails rattle taxpayers! Tax refunds, ITR processing on hold over claim mismatches – here’s what’s happening

The income tax notices suggest that the assessment of income tax returns and the release of refunds have been paused for these categories of taxpayers. (AI image) Income Tax alert! The Income Tax Department is sending emails and SMSes to taxpayers, just ahead of the year-end, alerting them of mismatches in their deduction and exemption…

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FMCG growth post GST cuts: Sales pick up in first quarter after reforms; value growth stays muted

The Goods and Services Tax reforms, announced on September 22 gave a much needed push to consumer demand, as sales volumes for household essentials and groceries rose sharply in the October-December quarter, as compared to a year earlier.According to executives citing NielsenIQ data and internal company numbers, volumes expanded by around 9–10% in the December…

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