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₹20,000, indicating no significant impact on their operations. They have seen robust gold loan growth even in April and May. Rising gold prices typically boost demand for gold loans, albeit with a lag, signalling a positive outlook for these lenders.

IND vs Pak T20 World Cup match on Sunday evening, said the team's recently appointed head coach, Gary Kirsten. He stressed the importance of rotating the strike, especially on difficult pitches like this one. He mentioned that his team did not execute this strategy effectively, PTI reported.

India’s stock markets have been highly volatile over the past couple of weeks. Given the current economic scenario and market conditions, many investors are contemplating whether it’s the right time to increase their SIP amount.

Investors with a high-risk appetite can look at quant funds which eliminate the risk of fund manager decisions going wrong. The data-driven approach of these funds can execute trades quickly and gain from thin price differentials to generate higher capital appreciation.

Also Read: Income Tax Return filing: Salaried individuals need to be aware of these 5 key pointsSeveral deductions are encompassed within Section 80C of the Income Tax Act in India. This provision enables you to claim deductions for various investments and expenses, thereby, reducing your taxable income and potentially decreasing your tax liability.

global demand remained comparatively muted in 2023 on account of lower consumer consumption and rising inflation in the main markets of Europe and the US. As a result, India’s merchandise exports also took a hit. However, experts now see a gradual revival in global demand because of the 11.86% year-on-year export growth (to $41.4 billion) in February 2024.

FPI inflows of ₹6,617.32 crore and mutual fund purchases of ₹3,072.85 crore, NSE data reveals. However, retail investors net sold shares worth ₹8,587.5 crore on 3 June instead of their usual practice of buying on the rise. The next day, when the actual counting showed the BJP unable to secure a simple majority, the market tanked almost 6% to 21,884.50, and FPIs and MFs net sold shares worth a combined ₹18,760 crore.

Mint explains: With the advent of 5G, ultra-high speed networks will be used by not only people owing mobile phones but also by internet of things (IoT), devices that will talk to each other, better known as machine-to-machine communication. And sooner rather than later satellite communications will come directly to our phones. With this backdrop, having spare capacity of telecommunication identifier (TI) resources is crucial for meeting any requirement that could come up in the years ahead.

Open access solar installations rose two-fold in India to 1.8 gigawatts during January-March this year supported by several factors, including reduced module cost, US-based Mercom Capital has said. Solar power through open access is an arrangement where a power producer establishes a solar power plant to supply green energy to consumers.

Elections 2024 and formation of the third NDA government have several lessons in governance and strategy for corporate India.

Annapurna Devi, who was sworn in as Union Minister in the Narendra Modi government on Sunday. Her life took a dramatic turn when her husband, Ramesh Yadav, an RJD legislator, died suddenly in 1998.

West Bengal Chief Minister Mamata Banerjee on Saturday claimed that while the opposition alliance had not yet staked a claim to form the government, it remained a possibility in the future.

June 10, 2024 — block your calendars because it’s going to be “action packed.” At WWDC 2024, Apple will finally reveal to the world its big AI plans for iPhone, Mac and virtually every Apple device that you can think of at the time of writing. There’s a lot at stake and Apple is a bit late to the party but then it’s never been about being “first” for Apple. The journey is the reward, as they say. Which is why, it’s even more exciting to see what it has in store after having taken a good amount of time, “cooking” up things behind closed doors all this time.

Fixed deposits (FDs) have long been a popular investment choice among investors, especially senior citizens looking for stability and regular income. Senior Citizen FDs are specifically tailored to cater to the needs of this demographic, offering higher interest rates and other benefits.

By Abhishek Gupta,

In its latest monetary policy review, the Reserve Bank of India (RBI) maintained the repo rate at 6.5% for the eighth consecutive time on Friday, amidst a backdrop of declining inflation and robust GDP growth. The apex bank’s decision is aimed at stabilising inflation within the target range of 2-6%. However, it has some implications for home loan borrowers, both existing and new. With borrowing costs remaining high, it is crucial for borrowers to adopt new strategies to manage their home loans more efficiently.

Week Ahead: Inflation data, US Fed policy, global cues among key market triggers as Nifty 50 eyes 23,500 this weekLunawat further added, “We believe that companies with good fundamentals will go public & attract large amounts of capital from street. The upcoming Union Budget will be a crucial trigger for understanding the new government’s strategy for the economy."The primary market will take a breather as only two new public issues are set to open in the coming week.

5 key money lessons on value investing one can learn from Warren BuffettExperts point out that growth and value are two distinct investment philosophies that represent contrasting approaches, each with its own set of merits and risks.Value stocks are shares of companies that appear to be priced lower than their true worth. These companies usually have stable finances, steady earnings, and low valuation measures. Investors in value stocks look for bargains—stocks that are temporarily unpopular or ignored by the market, hoping their true value will eventually be recognised, leading to price increases.

AIADMK chief Edappadi K Palaniswami on Saturday said his party had improved its performance in the recently concluded Lok Sabha polls when compared to the 2019 LS elections and taunted BJP leader K Annamalai and others like him for the Saffron party failing to cross the majority mark on its own. Speaking to reporters following a party meeting, for the first time after the declaration of results of the 2024 LS polls, Palaniswami rejected the view that several seats could have been won had there been an alliance between the AIADMK and BJP.

index S&P BSE Sensex rose to new highs on Friday to 76,795, recovering from its sharp declines on election outcome day. Both indices, Nifty50 and BSE Sensex managed to close the week above their close on Monday. The week was a roller coaster for the traders, but with the elections behind us, one needs to move on and focus on the calls of the new all-time highs that might be awaiting.

value investing is to purchase these stocks at a low price and hold them until their market value reflects their true worth, thereby earning a profit. This approach is based on the belief that the market sometimes overreacts to good and bad news, causing stock prices to fluctuate more than they should. So, value investors look for opportunities where they can capitalize on these market inefficiencies, often requiring patience and a long-term perspective. Investors can participate in a value strategy through actively or passively managed funds. Active funds have professional managers who make decisions on portfolio allocation, aiming to outperform the market through research and analysis. On the other hand, passive investing is straightforward wherein the fund just follows the index it is based on, holding the same stocks in the same proportions. This means an investor is always aware of what one is investing into. Plus, the index generally tends to be diversified in nature and is low cost in nature compared to its active counterpart. Additionally, investors through index investing can have a hands-off approach to investing.