Record News

By Saqib Iqbal Ahmed

By Stephen Culp

By Anjana Anil and Ashitha Shivaprasad

Investing.com — The recent surge in the price of gold has captured the attention of investors. As gold closed at record-breaking highs, many are wondering whether it's still a prudent time to invest in the precious metal.

Abhijit Gangopadhyay (retired) was the 'hero' of job seekers and victims of the alleged recruitment scam. He earned the moniker of people's judge for his frequent run-ins with the Trinamool Congress government and for his scathing verdicts against it. He was also involved in an unsavoury incident with fellow judges, prompting intervention from the Supreme Court. The unsavoury incident began with Gangopadhyay ordering a CBI probe on a writ petition last September by an MBBS aspirant who contended that students who did not belong to the Scheduled Tribes category were securing admissions in the state's medical colleges using fake certificates. However, a division bench of justices Soumen Sen and Uday Kumar stayed the verdict the same day, in an unusual turn of events. Justice Gangopadhyay, however, heard the matter and held the division bench's order 'illegal'. He accused justice Sen of misconduct and said he was 'acting on behalf of some political party in the state'. The SC intervened and transferred the case to itself. While becoming the first sitting judge of a higher court to join a political party by resigning from active duty, Gangopadhyay has raised questions on judicial ethics and code of conduct for judges. «Who will trust his judgements now? It makes mincemeat of the code of conduct for judges,» Supreme Court advocate Prashanth Bhushan posted on X.

N Biren Singh announced on the floor of the legislative assembly that the state government will consult and take appropriate steps for the implementation of The Manipur Hill Areas (Acquisition of Chiefs' Rights) Act, 1967. Passed in 1967, the act is yet to be implemented, thus enabling the chieftains to continue establishing villages as per their hereditary practices. Elaborating on the same, BJP legislator Rajkumar Imo Singh said, «A very important statement by the CM that the state government will consult and take appropriate steps for the implementation of The Manipur Hill Areas (Acquisition of Chiefs' Rights) Act 1967. This Act was passed by the Assembly on Jan 10, 1967 to abolish the hereditary chieftainship. The President of India gave assent to the Bill on 14th June 1967. One can see the exponential growth of villages in these places. Manipur is the only state where this act isn't implemented. Even a state like Mizoram had implemented a similar act for abolishing chieftainship way back in 1954 when it was a part of Assam.»

service sector growth momentum eased in February but remained robust despite a slowdown in new orders and output, according to a private survey released on Tuesday. The seasonally adjusted HSBC India Services Business Activity Index fell to 60.6 in February from 61.8 in the previous month. A level of over 50 indicates expansion. «A climbdown from a six-month high in January was largely expected, but at 60+, still indicates a sharp expansion rate,» said Rahul Bajoria, managing director and head of EM Asia (ex-China) Economics, Barclays. Despite the decline, service activity in February was at its second highest level in five months, but milder growth during the month clouded the business outlook. «Due to a slowdown in growth in new orders and output, services companies' outlook for future business activity, while remaining strongly positive, weakened slightly,» said Ines Lam, economist, HSBC. Of the 400 firms surveyed for the period, 26% still expect growth in the year ahead, but 2% predict a decline. Employment suffered with survey members indicating that employment numbers were sufficient.

With Solana’s biggest meme coin Bonk (BONK) having now pulled back more than 30% from the record highs it hit on Monday, Bonk meme coin community members are shifting their focus to a promising new ICO, where they are eyeing 1,000% returns.

₹2,800 crore through a block deal, reported CNBC-Awaaz on Tuesday. The floor price for the block deal has been fixed at ₹159.4 per share, which represents a 4 per cent discount on the current market price of Zomato stock, according to the report. Shares of Zomato closed 1.8 per cent lower at ₹166.8 on the BSE on Tuesday.

The Bitcoin (BTC) price just hit new all-time highs to the north of $69,000 on Coinbase.

New York (Reuters) -Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.

By Polina Devitt and Ashitha Shivaprasad

ALSO READ: Indian culture ‘embarrassing’: IPL cricketer posts during Ambani pre-wedding bash, netizens react; here's what happened After seeking blessings, Mukesh Ambani interacted with the media and thanked the people of Jamnagar for their support. Anant Ambani and Radhika Merchant's pre-wedding celebrations began on 1 March in Jamnagar and concluded on 3 March.

MUMBAI : Mumbai: Indian residents' appetite for gold bonds knows no bounds, despite the metal hitting record high prices this fiscal year, and stock markets trading at life highs. In the latest issuance last month, residents subscribed to a record 12.78 tonnes of bonds worth ₹8,008.38 crore, or $966 million, the highest-ever amount since the first issuance eight years and two months ago, RBI data shows . The issue price was at a record high of ₹6,263 per gram.

Bitcoin surge: Why should you still not invest in cryptos? These are 7 key reasons Bitcoin's staggering surge of almost 160% since October, with a remarkable 44% spike occurring solely in February, presents a stark juxtaposition to the crypto winter of 2022. During that period, the market endured an 18-month-long downturn characterized by notable corporate bankruptcies and scandals.

₹2 trillion in income tax (to the union government). Delhi is one of the engines of growth for the national economy. We are not saying give us everything that Delhi gives, but give us something.

The world's largest cryptocurrency hit a high of $69,202, topping November 2021's all-time peak of $68,999.99. Investor interest has increased since the Securities and Exchange Commission approved 11 spot bitcoin ETFs in late January.

According to monthly Calastone's Fund Flow index (FFI), February 2024 was the best month for equity fund inflows since May 2021, and the fourth best month on record. February also marked the fourth consecutive month of positive flows into equities, totalling £6.3bn since November 2023. This has already replenished almost 75% of the £8.6bn withdrawn over the previous 18 months. Equity funds gather highest inflows in three years as investor confidence returns In terms of distribution, February flows have been «highly concentrated», the FFI found, with £2.5bn paid into North Americ...

By Tom Hals

The bull market raged on in February, driven by another impressive earnings beat by NVIDIA (NASDAQ:NVDA) and dwindling PCE inflation — generally regarded as the Fed's preferred inflation measure.

Bitcoin’s price is in sight of an all-time high and the crypto faithful are on tenterhooks waiting for a never-before-seen level. But in market value terms the token already touched a record.