The global high comes amidst the uncertainties of Brexit, a trade war and slowing growth, with traders increasing their silver bets.
Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee.
Three of the five civilians held hostage by militants came out safely on Monday evening even as security forces continued the siege around the mosque in south Kashmir's Palnu village, 80 km from Srinagar in Kulgam district.
'We are patriots who love India and the secular ideals it has always upheld.'
The Indian capital markets have seen far-reaching changes in the last 20 years. Take, for instance, the quantum of wealth created. Total market capitalisation has shot up from Rs 68,870 crore (the value of 1,191 companies listed on the Bombay Stock Exchange or BSE) in 1991 to Rs 59,84,875 crore (the value of over 4,000 companies listed on the BSE as on August 29, 2011).
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
Before entering into buy and sell transactions please be aware of all the factors that go into the mechanism of pricing, trading and clearing.
'Akbar was a challenge any actor would love to take up.'
India's ace cueist Pankaj Advani staged a late comeback to beat compatriot Aditya Mehta in the quarter-finals of the Asian Snooker Championship, in Doha, on Thursday. In what was going to be a clear upset, Mehta was a frame away from ousting the 21-time World champion from the tournament but Advani's resilient efforts saw him enforce the decider and register a 5-4 (0-99(99), 1-60, 64-50, 97(72)-0, 35-90, 113(105)-0, 8-107(107), 61-16, 72-48) victory.
Oil prices jumped nearly $3 a barrel and gold and safe-haven bonds rallied on Friday after the killing of top Iranian commander Qassem Soleimani in an airstrike by the US in Baghdad.
Ask your partner if it is OK to kiss or hug when saying hello in public?
The warning came a day after China cautioned its students against going to the US for studies.
India is among 75 countries with which Switzerland's Federal Tax Administration has exchanged information on financial accounts within the framework of global standards on Automatic Exchange of Information.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The biggest spend (Rs 4,406 crore) was for Schedule VII (II), which involves "promoting education, including special education and employment enhancing vocation skills, especially among children, women, elderly and the differently abled and livelihood enhancement projects". The FY19 spend was 17.2 per cent higher than Rs 1,0128.3 crore spent during the previous year.
India's capital market regulator on outlined a series of steps, including allowing short selling of equities by institutional investors, bringing mutual fund intermediaries under its purview.
Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
Experts attributed the inflows to sudden rally in gold prices, mainly due to uneasy trade negotiations between the US and China and lower than expected global GDP growth.
Union Home Minister P Chidambaram on Tuesday said the New Delhi-bound Rajdhani Express and passengers on board were safe and that the Centre has rushed a relief train to bring back the passengers.
Modi visited the border district in Jammu region, his first to Jammu and Kashmir after the abrogation of Article 370, coinciding with Infantry Day celebrations.
The Securities and Exchange Board of India on Tuesday asserted that the Indian financial markets were safe for investing and there was no payment crisis on the bourses.
India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.
Due to tax associations with the fiscal-ending, April is a month of SIP renewal. So, the April numbers will be important and may perhaps, mark a change in retail attitude.
COVID-19 has emerged as an important form of diplomatic currency around the world as nations try to showcase their soft power gains. In this race, India has an edge as India is already a pharmaceutical giant having produced some 60 per cent of global vaccines and now justly seeking to strengthen ties and expand its influence in its neighbourhood and beyond, observes Dr Rajaram Panda.
In his opening remarks at a ministerial meeting in Tokyo of the Quadrilateral coalition, also known as 'Quad', External Affairs Minister S Jaishankar said India remained committed to a rules-based world order, respect for territorial integrity and sovereignty, and peaceful resolution of disputes.
'It could tempt investors to pick stocks that are not fundamentally sound.'
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
The pacts signed after Modi-Hasina talks provided for deeper cooperation between the two countries in areas of water resources, youth affairs, culture, education and coastal surveillance.
You can use gold as a financial instrument to diversify your portfolio into hedging against uncertainties in the market, but for ambitious returns, you must explore opportunities in other asset classes such as equities, debts and real estate, says Adhil Shetty, CEO, BankBazaar.com.
Swiss currency funds, silver, and farms look like good bets - for now
Maoists on Sunday demanded release of eight of their jailed leaders in Chattisgarh and a halt to "Operation Green Hunt" in exchange for freedom of Sukma collector Alex Paul Menon, who was safe, a day afer he was abducted. The Maoists also set an April 25 deadline.
Modi emphasised that it was necessary to work together for sustained global economic recovery.
Each region in India has its own culinary narrative that speaks through its distinct dishes. Each cuisine packs within itself, textures, layers, ideas and historical nuggets so that all of Indian food cannot be pigeonholed together to say that there is one Indian cuisine. A fascinating extract from Sonal Ved's Whose Samosa Is It Anyway?.
This Dhanteras, try a newer way to invest in those precious metals, without having to worry about its safety.
The apex bank held 586.44 tonne of gold as on September 30, of which 294.14 tonne are held overseas in safe custody with the Bank of England and the Bank for International Settlements, while the remaining gold is held domestically
'The years after the financial crisis of 2008 were tough for brokers as volumes dwindled and retail investors stayed away.'
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Feedback - About us - Terms of use - Grievances