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Gold and silver prices today on 28-05-2024: Check latest rates in your city“Gold is trading slightly lower on profit-booking after yesterday’s sharp up-move, as some caution is seen among traders ahead of the inflation data from Germany/ Eurozone and U.S., which could influence the policy decision of the European Central Bank and U.S. Fed, respectively.

Bank of Nova Scotia took higher-than-expected provisions for credit losses in the second quarter, but revenue gains helped Canada’s fourth-largest bank beat analyst expectations.

Also Read- FPIs continue to dump financials, IT, FMCG shares in May. What lies ahead?The asset allocation strategy should be based on factors like goals, horizon of investment, risk appetite and liquidity requirement.While investing we need to build a strategy with the right asset mix based on our risk appetite to meet our goal.

Grandage had originally assumed the role in an interim capacity following Young's departure at the end of April this year. Stephen Bird exits abrdn as Jason Windsor takes interim CEO role He will report to Peter Branner, abrdn's chief investment officer, and lead the global sustainability and ownership strategy.  In the role, Grandage will continue to ensure that sustainability remains an integral consideration in the investment process to help deliver risk adjusted returns.  Prior to his decade at abrdn, Grandage held positions with WSP and RPS Group, which was acquired by the ...

commerce ministry held deliberations with experts, former officers and senior officials from different departments on framing a standard operating procedure for free trade pacts and other related issues under these agreements, an official release said on Tuesday. The commerce ministry in the release stated that the 'Chintan Shivir' was organised on May 16-17 at Neemrana, Rajasthan. «The Shivir facilitated discussions on various issues related to negotiations of Free Trade Agreements (FTAs) by India, its position and strategy that should be adopted for such negotiations,» the ministry said. The participants also deliberated on standard operating procedures (SoP) for FTA negotiations, capacity building and resource management for trade negotiations as well as certain contemporary issues under modern FTAs such as labour, environment, and gender.

Out of 20 funds assessed in the year to 31 December, 12 received a Green rating, seven funds an Amber rating and one fund received a Red rating due to performance challenges.  Managed by Archibald Ciganer since 2013, the Japanese Equity fund is down 18.9% in the last three years, while the TOPIX index has gained 18.1% over the same period, according to the fund's factsheet. After receiving an Amber rating in 2022, the strategy «failed to demonstrate improved performance last year», T. Rowe Price stated in its analysis. It said that despite delivering a positive annualised return in...

Minority shareholders are expected to benefit from the demerger of ITC's hotel business into a separate entity, ITC Hotels, as it may unlock value for them and improve return ratios of the FMCG major, as per reports of four proxy advisory firms. The reports from proxy advisory firms, including InGovern Research Services, ISS and SES, come ahead of the June 6 meeting of shareholders of ITC to consider and approve the demerger proposal. According to proxy advisory firm ISS, the demerger may unlock value for its shareholders and improve ITC's return ratios.

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A battle is under way for the future of Ohio’s $94 billion teacher pension fund

Demonstrating your dependability as a borrower is essential to obtaining a personal loan with low interest rates. Lenders must be assured that you will make timely and complete loan repayments. You can convince lenders to give you a favorable interest rate by improving your credit score and submitting a strong application. Here are some important steps:

fixed-income securities like bonds, the ability to weather storms and uncertainties is paramount. With the ever-changing economic landscape, investors need to assess their portfolio's resilience and effectively manage interest rate risks to safeguard their investments. Let's explore some practical strategies for doing just that.Portfolio resilience simply put, it's the ability of your investment portfolio to withstand unexpected market shocks without suffering significant losses.

announced his intention to step down after 25 years at Sony last week.At Disney Star, Banerjee oversaw content for Hindi entertainment and Disney+ Hotstar, and served as business head for Star Bharat, as well as Hindi and English movies, kids & infotainment, and regional (east) channels. He was not immediately available for comment.A former journalist, Banerjee began his career at Aaj Tak before joining Star News in 2004 as a prime-time anchor and senior producer.

stock market behaving unpredictably in a highly volatile environment amid Lok Sabha elections, mutual fund investors are caught between fear and greed. On one hand, investors are fearing a correction as the market is already at peak and on the other hand the boom is bringing in FOMO. In the last month, sectoral/thematic funds have topped the return chart and offered double-digit returns. HDFC Defence Fund, the topper in the list, gave 17.54% return in the last one month. Invesco India PSU Equity Fund and Canara Robeco Infrastructure Fund offered 14.86% and 14.79% returns, respectively.

CNBC-TV18 reported.During the recent earnings conference call, IndiGo's CEO Pieter Elbers revealed the airline's foray into the business class segment. "We will have business class seats deployed on India’s busiest and business routes," CNBC-TV18 quoted an Indigo official.Thus, as per media reports, business class seats will be available on India's most prominent airlines, with 10 to 15 aircraft operating on major domestic metro routes.

death of Iran’s president and the escalating war in Gaza, prices of Brent crude, the global benchmark, have stayed within $2 of $82 a barrel since the start of May. Part of the reason why OPEC is failing to keep prices high is because its members are failing to keep to their output targets. In March the group’s leaders and Russia extended production cuts, vowing a reduction of 2.2m barrels a day (b/d), or 2% of global supply, until the end of June, on top of 3.7m b/d of previously agreed cuts for 2024.

Also Read: Income Tax: Filing ITR early this time? Here are 8 key strategies to optimise tax savingsA housewife is required to file an income tax return if she earns income from any source, such as interest, dividends, or tuition, and this income exceeds the basic exemption limit. Under the old tax regime, the exemption limit is Rs.

Sensex eased 19.89 points to close at 75,390.50, while the Nifty 50 settled 24.65 points, or 0.11%, lower at 22,932.45.Nifty 50 formed a bearish candlestick pattern at the all-time high level on the daily charts, indicating profit booking.“Yesterday’s negative closing seems to be more of a breather after the recent sharp upmove. Nifty continues to hold above the 20 and 50 day SMA.

Stock market strategy: After a sixth phase of polling in Lok Sabha Election 2024, poll pundits are busy assessing the Lok Sabha Election outcome on 4th June 2024. However, stock market experts are also active as they zero in on the segments that may outperform the average market returns in the short, medium, or long term.

private equity firm ChrysCapital is looking to acquire domestic companies in the formulation business in the range of $200 million-$500 million. Along with partners, deal sizes can potentially reach $1.5 billion, said a senior executive. «We're looking at buyouts. These can be companies in the top 30-75 in their category. We will look at the $200 million to $500 million range,» Kshitij Sheth, MD of ChrysCapital told ET in an interview. Sheth said the aim is to grow these companies to "$1.5-$2 billion valuations and take them public eventually. While we could consider a strategic sale, the goal will be to take these platforms public". ChrysCapital is focused on deals within top 20 to 50 ranked Indian companies in formulation business. The PE firm has focused on acquiring non-controlling interests in pharma companies. ChrysCapital could partner either another large fund, a strategic or a sovereign fund for bigger acquisitions.

investment group EQT will now look at deals of $50 million-250 million in India from its newly raised $1.6 billion BPEA EQT Mid-Market Growth Partnership (MMG Fund). The new fund, in addition to the large-cap buyout Asia fund, will look at deals primarily in closely held companies. «As the flagship fund becomes bigger, there is that opportunity in the mid-market space with a ticket size of between $50 million and $250 million that is getting left out,» Hari Gopalakrishnan, partner, EQT, told ET. «So, we are targeting that space with this mid-market strategy. We set out to raise $750 million, but the demand was quite strong. So, we ended up raising twice what we expected.»

Google has leased 649,000 sq ft office space at Alembic City in Whitefield, Bengaluru, at a monthly rental of ₹62 per sq ft for a three-year lock-in period as part of its expansion strategy in India, said people aware of the deal. «This move is in line with the tech giant's proactive approach to leasing both traditional and flexible office spaces in major cities to strengthen its presence,» one of the persons said. In 2022, Google Connect Services India Pvt. Ltd, a subsidiary of the US technology conglomerate, had a renewed rental pact for about 600,000 sq ft office space in Hyderabad. The company also agreed with Bagmane Developers to lease 1.3 million sq ft office space in Bangalore. «Since 2020, Google's office space portfolio in India has increased by 3.5 million sq ft,» another person said. «The firm has a presence in five cities in India spread over 9.3 million sq ft of real estate footprint,» he said.