The government’s recent hike in gold import duty has fuelled a surge in smuggling, with illicitly imported gold reportedly being sold at discounts of up to Rs 10 lakh per kilogram, creating a significant price gap with legally imported bullion.According to industry participants cited by ET, gold brought into the country through unofficial routes is…
The price of 24-karat gold on Wednesday stood at ₹1,54,800 per 10 grams, including all taxes, up from ₹1,54,700 on Tuesday. Among major cities, gold was priced at ₹1,54,854 per 10 grams in Mumbai, ₹1,54,700 in Delhi, Bengaluru and Pune, and ₹1,56,092 in Ahmedabad. (Representational image) Among major cities, gold was priced at ₹1,54,854 per…
The table shows why bonds can be useful for retirement income. At 6.8 percent, Mr Sharma would need around ₹35.3 lakh in FDs to generate ₹20,000 per month before tax. But with a AAA and AA bond portfolio yielding 8 percent, he can generate the same income with ₹30 lakh. This leaves ₹20 lakh available…
Interspersed with the delight of playing F1 25 (with the F1 26 DLC on the way) on Acer’s Predator Helios Neo 16s AI gaming laptop was an incredibly frustrating experience. The delight of getting Lewis Hamilton his 8th and 9th world titles (albeit virtually). And here’s a top tip for you — any rear force…
Many individuals aim to invest in mutual funds each month to achieve their financial goals. They follow the spend-first, and invest what remains philosophy. However, by the end of the month, there is little or nothing left to invest after spending on basic necessities and lifestyle expenses. However, SEBI has a plan to help you…
NEW DELHI: The Centre on Wednesday said it is in touch with the United States regarding a Section 301 investigation linked to concerns over forced labour and excess industrial capacity.Earlier, the Office of the United States trade representative (USTR) named India among countries it believes follow unfair trade practices. Based on its findings, the USTR…
For Indian investors, domestic gold prices remained comparatively resilient. (AI image) Gold price prediction today: While gold and silver prices are seeing some weakness, in the domestic market gold has managed to exhibit some resilience, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold’s broad consolidation phase from April…
India and the United States may be 99% closer to signing the BTA, but a new proposal from Washington suggests that the trade story isn’t quite finished yet. The United States Trade Representative (USTR) on Wednesday named India among countries that could face additional tariffs over concerns about preventing goods linked to forced labour from…
This moment can be bookmarked as an anchor for a fundamental pivot by chipmakers Nvidia, AMD and Qualcomm. Moving perceptibly from their usual playbook—which centered on pursuing higher clock speeds and more cores—they are attempting to find momentum through versatility, particularly for consumer-focused computing devices. The Nvidia RTX Spark chip, and (right) Intel’s handheld gaming…
The latest flare-up in West Asia has once again pushed Brent crude prices close to the $97-per-barrel mark. (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, tanked in trade on Wednesday as fresh tensions between US and Iran weighed on sentiment and led to crude oil prices rising.Both the Sensex…
