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Mumbai: Resilient investors continued putting money in the stock and debt markets through Feb despite market volatility. Combined with some mark-to-market gains, the total assets under management (AUM) of the mutual fund (MF) industry hit a new all-time high at over Rs 82 lakh crore. During the month, gross flows through systematic investment plans (SIPs),…
he US Dollar stands to gain on surging oil prices as the US is energy dependent. (AI image) Gold price prediction today: Gold prices are competing with the strength in dollar amidst the Middle East crisis, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan:Gold Performance: In the week ending…
Market participants are now awaiting the release of the US consumer price index for February, scheduled for Wednesday, as well as the Personal Consumption Expenditures index, the Federal Reserve’s preferred inflation gauge, due on Friday. Among other precious metals, spot silver rose 3 per cent to $89.60 per ounce. Platinum gained 1.2 per cent to…
Superstar Mahesh Babu, known for his down-to-earth nature, resides in a lavish yet serene Rs 28 crore bungalow in Hyderabad’s Jubilee Hills. The home boasts an indoor pool, library, and personalized garden. Babu, who began acting as a child, is married to Namrata Shirodkar, and they have two children. He is currently preparing for SS…
India’s Hardik Pandya, center, captain Suryakumar Yadav, left, and Ishan Kishan pose with the trophy. (AP Photo) NEW DELHI: Fresh from guiding India to a historic T20 World Cup triumph at home, captain Suryakumar Yadav has already set his sights on the next major milestone — Olympic gold at the 2028 Summer Olympics.Go Beyond The…
Picture Credit: AI Generated Witwatersrand Basin in South Africa, since the Archean Eon which is roughly 2.7 billion years old. This isn’t just an ordinary heap of debris sitting on metals; it’s one of the main contributing factors in the geology as well as the economy of the whole continent. The landscape across Johannesburg looks…
Russia’s National Anthem to be played again after more than a decade at Winter Paralympics after Varvara Voronchikhina wins Super-G gold (via Getty Images) For the first time in more than a decade, Russia’s national anthem will be played at the Winter Paralympics after para alpine skier Varvara Voronchikhina won a gold medal at the…
Gold futures tumbled on Monday, slipping Rs 1,052 to close at Rs 1,60,582 per 10 grams, as local spot demand weakened. On the Multi Commodity Exchange, April gold contracts fell 0.65% in a turnover of 1,729 lots, with analysts pointing to soft global cues as the key factor behind the decline. Meanwhile, silver futures advanced…
After witnessing sharp swings last week, gold prices are expected to remain volatile in the coming days as investors track escalating tensions in the Middle East and key global economic data releases, analysts said on Sunday.Market participants are likely to track developments in the conflict involving Israel and Iran, as any escalation could support safe-haven…
NEW DELHI: TVK chief Vijay on Saturday unveiled a slew of welfare promises ahead of the Tamil Nadu assembly elections, including several women-centric schemes, echoing a strategy that has proved electorally successful in states like Maharashtra, Madhya Pradesh and recently Bihar.The poll promises by actor-turned politician include 8 gram gold, silk saree to women beneficiaries…
