Gold price prediction: What should gold and silver investors do and what’s the outlook for gold and silver rates in the near future? (AI image) Gold and silver price prediction today:Both gold and silver prices are showing strength, with gold heading towards Rs 99,000, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, started trade on a flat note on Thursday. While Nifty50 was above 25,500, BSE Sensex was in red. At 9:18 AM, Nifty50 was trading at 25,512.65, up 59 points or 0.23%. BSE Sensex was at 83,628.19, down 69…
NEW DELHI: In what has the potential to disturb India’s strong march in manufacturing, tensions with China have seen the neighbouring country delay delivery of critical machinery while ordering the pullout of some of its citizens from Indian factories, including those engaged in engineering and manufacturing jobs at Foxconn, Apple’s contract manufacturer.This comes just as…
MUMBAI: Indian entrepreneur and founder of Hong Kong-based The Caravel Group, Harindarpal Singh Banga, and his family are selling around a 2.1% stake in Nykaa worth about $140.3 million (Rs 1,200 crore) through a block deal on Thursday, the term sheet of the share sale showed. The Banga family was one of the early investors…
A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defense. Tech firms and crypto startups are moving in on territory long dominated by Visa and Mastercard, powered by a new type of currency – the stablecoin – and a pitch merchants can’t ignore: lower…
MUMBAI: RBI has barred pre-payment penalties on floating rate personal and small business loans, aiming to simplify lending and enabling switching lenders. The ban on prepayment charges applies on floating-rate personal loans, or on business loans given to individuals and micro or small enterprises regardless of how the loan is repaid or the source of…
Best-selling author Robert Kiyosaki has once again stirred the investment world, this time with a forecast that silver prices are set to “explode in July.” Taking to social media platform X, the Rich Dad Poor Dad author called silver the “best asymmetric buy” currently available, highlighting its high reward-to-risk ratio.“Silver is the best ‘asymmetric buy’…
Sovereign Bold Bond (SGB) redemption: Bought sovereign gold bonds in 2017 or 2018? You are in for good news as the RBI announced the redemption prices for the SGBs, offering a return of over 200%.The Reserve Bank of India (RBI) announced the redemption price for two sovereign gold bond tranches due for premature redemption on…
As the globe’s third-largest oil importer and consumer, India brings in over 80% of its oil requirements from abroad. (AI image) India is currently evaluating plans to construct three additional strategic oil storage facilities to enhance its emergency reserves and bolster energy security, according to the chief executive of the organisation responsible for strategic reserves.Currently,…
Oracle Corp’s stock soared 4% on Monday to a record $218.63 after a regulatory filing revealed a major cloud computing agreement that could add more than $30 billion in annual revenue beginning fiscal 2028. The deal, which was disclosed ahead of a company-wide meeting, marks a significant milestone in Oracle’s pivot to AI infrastructure and…