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Investing in gold once used to be a domain dominated by neighbourhood jewellers, and velvet ornament boxes. Now, the age-old practice of buying gold has undergone a glittering transformation, with investors increasingly turning to digital gold for its flexibility, safety, and ease of access.Unlike traditional gold, digital gold is 24-carat pure (99.99%) and comes without…
A senior official from the Reserve Bank of India’s monetary policy division has raised allegations of plagiarism against economists at the State Bank of India. In an unprecedented situation, a public spat has emerged on social media between professionals from the Reserve Bank of India (RBI) and the State Bank of India (SBI).A senior official…
As gold prices have soared over 50% this year, shoppers are swapping their old jewellery for new pieces instead of investing more funds, turning the festive season into a gold exchange bonanza.According to executives cited by ET, the share of gold exchanges in total sales reached a record level. Tanishq, owned by Tata, expects exchanges…
Donald Trump and Ontario Premier Doug Ford (AP images) Canada on Friday said that it will pause the anti-tariff advertisement campaign that prompted US President Donald Trump to abruptly end trade negotiations, as confirmed by Ontario Premier Doug Ford.Ford said the decision comes after discussions with Canadian Prime Minister Mark Carney and the campaign will…
China and the United States kicked off their latest round of trade talks in Malaysia on Saturday, as the world’s two largest economies attempt to prevent further escalation of a costly tariff dispute. “The Chinese and US delegations convened on Saturday morning for talks on economic and trade issues,” official Xinhua news agency reported, as…
Docon Technologies, one of the promoters of Thyrocare, on Friday divested a 10% stake in the medical diagnostics chain for Rs 667 crore through an open market transaction. After the stake sale, Docon Technologies’ holding in Thyrocare has declined to 61%. Source link
sebi identify iex insider trading Mumbai: Sebi has banned 13 entities from the market for between one and three years, and also put a combined monetary penalty of nearly Rs 1.1 crore for front running trades of three large entities. In Dec 2024, six entities, related to these 13 had settled their case with Sebi…
Sanjay Sharma, MD, Orkla India MUMBAI: Orkla India, maker of popular dosa batter and ready to eat meals brand MTR Foods, is heading for a public market debut 17 years after the company entered the country, a move it said will establish value for the business and allow it to step up acquisitions in a…
MUMBAI: Markets regulator Sebi has barred mutual funds (MFs) from investing in companies which are in their pre-IPO stage. However, this ban won’t apply to fund houses investing through the anchor investment route, which is reserved for qualified investors only and is done a day before the IPO opens to all investors.The regulator’s logic behind…
