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gold loan market for raising funds, said CA Krishnan R, director & CEO of Unimoni Financial Services. «Though our major customers are farmers who avail loans during harvest season and close the loan when the harvesting season is over. We also have customers from retail traders, salaried middle class, self-employed and micro enterprises. Individual consumers are increasingly opting for gold loans to meet their needs, i.e. education, weddings, and medical expenses. Small businesses too have been showing increased interest in gold loans, as a secure means of raising working capital,» Krishnan said. He said that the upward trend in gold prices is also makes lenders’ portfolios safer because they can keep good loan-to-value ratios. Also, there has always been an affection for owning gold as part of our culture and coupled with increasing accessibility to gold loan services, sustains demand across diverse demographic segments. Additionally, going digital streamlines loan processes making them convenient besides reducing lenders’ operational costs while at it. All these reasons make India have a very strong gold loan market.

equities in the first 10 days of the month owing to general election and the uncertainty surrounding its outcome coupled with expensive valuations and profit booking. This was way higher than a net withdrawal of Rs 8,700 crore in the entire April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February. Looking ahead, post-general elections, corporate India's strong financial performance in Q4 FY24 is anticipated to be rewarded.

₹6,000 crore amid ongoing general elections in the country. Also read: Indegene IPO: What does GMP signal ahead of share listing on Monday? “What's noteworthy is the robust domestic inflow, particularly with retail investors showing keen interest in equity markets. This surge in retail participation is empowering issuers to confidently launch IPOs in May," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt.

fixed deposits are at multi-year highs. Most banks are offering interest rates in the 7-8% p.a. range.

Raamdeo Agrawal, Chairman, Motilal Oswal, says “in the last 25 years, total savings in the Indian economy was $10-12 trillion. But in the next 25 years, it is going to be $100 to $150 trillion and it is going to hit us every day. It is hitting us every day. This is the journey of India. By 10th or 12th year, India would be accumulating almost $5-6 trillion of savings per year. We are going to give birth to Morgan Stanley, Merrill Lynch, a big JPMorgan or big asset management company out of India with a serious scale.” There are a lot of themes in this market, PSUs, defence, railways but one theme which you have really understood over the years is autos and auto seems to be in a great patch now. Two-wheelers are doing well. Escorts is also looking well. Maruti is doing well, Tata Motors is doing well. Do you see this kind of a comeback in the autos, especially at the discretionary end of the market, to last for the next two-three years? Raamdeo Agrawal: So long as you have the rallies going on in the capital market, which is another source of what you call wealth creation for the people at large, they are going to use their market cap power or financial wealth that they have created in their portfolios for buying discretionary stuff, whether it is high-end housing, high-end cars, high-end fashion, travel, all luxurious things.

Madhya Pradesh High Court has issued a notice to Bollywood actor Kareena Kapoor Khan regarding the title of a book on her new pregnancy memoir "Kareena Kapoor Khan's Pregnancy Bible." The court notice was issued following a petition filed by an advocate, Christopher Anthony, against the use of the word "bible" in the book's title. As per the latest report by NDTV, a single-judge bench of Justice Gurpal Singh Ahluwalia of the Madhya Pradesh High Court issued the notice on advocate Christopher Anthony's petition to register a case against Kareena Kapoor Khan as well as the book's seller, Amazon.

Mujtaba--a resident of Kharmang district's Katshi village-- was diagnosed with a brain tumour at a hospital in Skardu, and doctors referred him to Benazir Bhutto Hospital in Rawalpindi for treatment a month ago. However, Mujtaba died on Thursday.

₹290 per share. This means that Indegene shares are trading higher by ₹290 apiece in the grey market than their IPO price of ₹452 per share. Considering the IPO price and the GMP today, Indegene IPO listing price is estimated to be around ₹742 per share, which is at a premium of 64.16% to the issue price.

1 cup coffee beans of choice4 cups filtered water Method Grind the beans to a coarse consistency using a coffee grinder. In a 1.5-litre bottle or jar, combine the coffee with four cups of filtered water and stir well. Cover the jar and set aside for 8-12 hours depending on how strong you want it.

Flavours of summerClean simple flavours and refreshing ingredients— these are key to summer menus. Ladurée India has based its seasonal menu on both these aspects. The new selection features light bites, fresh salads and sweet treats.

facility will also be available for just two days. At the end of the 25th day of the result declaration, the facility will cease to exist. "After the declaration of result, if the students are not satisfied with their performance communicated through results, CBSE provides an opportunity to the students for verification of marks, facility to obtain the photocopy of their evaluated answer books and the re-evaluation of their answers thereafter," the circular read.

financial independence. Here are a few of those fundamental lessons I’ve learnt from my mother that would resonate with anyone raised in an Indian household. One of the earliest money lessons I learned from my mother was the importance of distinguishing between needs and wants.

Also Read: TBO Tek IPO allotment to be finalised on May 13. Latest GMP, steps to check status Investors can check Aadhar Housing Finance IPO allotment status on the BSE website as well as on the official portal of IPO registrar.

Also Read: Indegene IPO allotment out. Latest GMP, listing date, how to check status Investors can check their TBO Tek IPO allotment status online on the website of BSE or the IPO registrar. Kfin Technologies is the TBO Tek IPO registrar.

Financial Times, tries to answer in her book Code Dependent: Living in the Shadow of AI through 10 stories of individuals whose lives have been affected by AI and AI systems. These stories from across the world look at everyone from gig workers (systematically underpaid and undercut by AI algorithms) to doctors and activists (who are profiled using facial recognition AI). In India, we learn about a doctor using an AI app to analyse patient X-rays and estimate the risk of tuberculosis.

G Devaraje Gowda was arrested Friday night for molestation and sexual harassment. Police said, Gowda was arrested at Gulihal toll gate by the Hiriyur Police in Chitradurga district. In her complaint, the victim alleged that she was physically harassed and threatened by Devaraje Gowda and others.

Aadhar Housing Finance IPO subscription status: Aadhar Housing Finance IPO, backed by private equity major Blackstone, received a subscription of 24.49 times on the third and final day of bidding. The portion for Qualified Institutional Buyers (QIBs) was booked 72 times.

Jim Simons, a mathematician who founded the most successful quantitative hedge fund of all time, passed away on Friday in New York City, his foundation announced on its website.

ALSO READ: Mohammed Shami slams Sanjiv Goenka for outburst against KL Rahul: Ye sharam ki baat hai… According to Sharma, he was supposed to book tickets for his parents to Hyderabad but mistakenly booked them a flight to Amritsar. His parents were supposed to go to Hyderabad to see him play against LSG, but it never happened. “I was talking to my mom-dad.

Naveen Patnaik does not become the chief minister of Odisha for the sixth time in a row after the assembly elections. Pandian, a close aide of Patnaik, challenged union education minister Dharmendra Pradhan to announce that the BJP leader would also take political 'sanyas' if the saffron party failed to come to power in the state. Pradhan is the face of the BJP in Odisha. «You (BJP) say that there is BJP wave and wave for a change in Odisha, but I strongly say that if the chief minister (Patnaik) does not become the CM again, I will take sanyas from politics,» Pandian said while addressing a rally at Brajrajnagar in Jharsuguda district.

TBO Tek IPO day 3: GMP, subscription status to review. Should you apply? Ankush Nijhawan, Arjun Nijhawan, Manish Dhingra, and Gaurav Bhatnagar are the promoters of the company. TBO Tek Limited witnessed a significant growth in its profit after tax (PAT), soaring by 340.4%, and its revenue also surged by 112.09% between March 31, 2022, and March 31, 2023.