Akshaya Tritiya 2024: Gold prices dip a bit ahead of festival — is this the right time to buy precious metal?

Akshaya Tritiya 2024: Gold prices dip a bit ahead of festival — is this the right time to buy precious metal?

Gold prices on Wednesday saw a slight decline thanks to a strong dollar exerting pressure on prices. Investors remained cautious, awaiting US data to glean insights into potential rate cuts by the Federal Reserve. At 1335 GMT, spot gold experienced a slight decline of 0.19 per cent, reaching $2,309.29 per ounce. Simultaneously, US gold futures … Read more

How to prevent impact of frauds on your CIBIL score? Here are 5 steps

How to prevent impact of frauds on your CIBIL score? Here are 5 steps

While CIBIL primarily deals with credit information of account holders, it does not directly handle disputes related to fraudulent charges. However, if anything of  this sort comes to the fore, it is recommended to place a fraud alert or credit freeze on your credit report with CIBIL.  This makes it quite cumbersome for fraudsters to … Read more

Catch the glitter: Silver up 11% YTD on import volume, likely to outshine gold in near-term; How should you invest?

Catch the glitter: Silver up 11% YTD on import volume, likely to outshine gold in near-term; How should you invest?

Ahead of the auspicious Akshaya Tritiya, silver is shining bright among other precious metals in the commodity market and is likely to outperform gold in the longer period, according to domestic brokerage house Motilal Oswal Financial Services Limited. According to recent data, gold and silver have experienced notable year-to-date (YTD) gains of 13 per cent … Read more

How to strategically invest for your long-term financial goals?

How to strategically invest for your long-term financial goals?

I am 34 years old, married and have a three-year-old daughter. I work in the IT sector and plan to buy a new home in five years for which I will need ₹20 lakh. At present, my wife and I save nearly ₹60,000 per month. We have close to ₹20 lakh in bank fixed deposits … Read more

TGIF Agribusiness IPO: Check GMP, subscription status on day 1, issue size, key details to know

TGIF Agribusiness IPO: Check GMP, subscription status on day 1, issue size, key details to know

The company is essentially a horticultural business that engages in open farming of specific fruits and vegetables, as stated in the prospectus. The farmland owned by the corporation spans more than 110 acres and is located close to three villages: Ajari, Kasindra, and Kojra. These villages are all part of the Pindwara tehsil in the … Read more

Demat Account: Considering pledging shares? 5 things to keep in mind before going ahead

Demat Account: Considering pledging shares? 5 things to keep in mind before going ahead

Share pledging has become a common practice in the stock market. In this, company shares serve as collateral for securing loans from banks and financial institutions. This method is commonly utilised by individuals and companies to raise capital for various purposes such as meeting capital requirements or settling existing debts. What is pledging of shares? … Read more

Big tech’s great AI power grab

Big tech’s great AI power grab

The comparison with the famously capex-happy energy industry is apt not just because of the sums involved. AI needs vast amounts of processing power. And that processing power needs vast amounts of electricity. On May 2nd Bob Blue, chief executive of Dominion Energy, one of America’s biggest utilities, said that data-centre developers now regularly ask … Read more

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 8

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 2

However, Gift Nifty’s trends suggest a favorable opening for the Indian benchmark index. Currently, Gift Nifty is hovering around the 22,432 level, representing a premium of approximately 39 points over the previous close of Nifty futures. On Tuesday, both equity benchmark indices ended in red on an all-round selloff, defying positive global cues. Also read: … Read more

This Kerala-based NBFC’s NCDs promise to double your money in 75 months. Should you invest?

This Kerala-based NBFC's NCDs promise to double your money in 75 months. Should you invest?

ThisThiruvananthapuram-basednon-banking financial corporation (NBFC) has launched a fresh issue of secured redeemable non-convertible debentures, which will close on May 17. The face value of NCD is ₹1,000. The minimum application requires investors to invest 10 NCDs, i.e., 10,000, in multiples of ₹1,000. The issue is meant to raise ₹50 crore with an option to retain … Read more

OpenAI joins AI content alliance as Election Commission warns of deepfakes

OpenAI joins AI content alliance as Election Commission warns of deepfakes

This marks OpenAI’s second global collaboration amid mounting concerns about AI’s increasing influence on various content forms, especially during, and in the run up to, the elections in major economies such as India and the US. OpenAI’s decision to join C2PA comes a day after the Election Commission of India issued a notice to political … Read more