Gold is currently trading at around $4,600. A tenfold increase from that level would put the price at roughly $46,000 an ounce. (Image source: Adobe stock) Will gold prices hit $50,000 per ounce in the coming years? Thomas Kaplan, the chairman of Electrum, and a billionaire has predicted that the yellow metal may rise as…
Two or more co-borrowers take a joint home loan, and all co-borrowers are jointly responsible for repayment. The author is CEO of PaisabazaarBuying a home is more than a financial decision for most households in India. Along with a lifegoal, it is probably one of the biggest financial commitments they would make. Hence, the decision…
India is confident that trade will continue uninterrupted even after the US announced sanctions on Iran (representative image) India, the world’s biggest rice exporter, is confident its rice trade with Iran can withstand the threat of tougher US sanctions, with shipments continuing despite higher prices and months of war-related disruption.Rice accounts for nearly two-thirds of…
The firms are sharply increasing internship pay as they compete for a limited pool of engineers with strong mathematical, coding and problem-solving skills. High-frequency trading (HFT) firms in India are offering record compensation to interns as they compete for quantitative talent amid tighter derivatives regulations and slowing activity in the country’s equity markets.Gurgaon-based Quadeye is…
Hydrogen is being used because it is considered the cleanest fuel available today. India’s first hydrogen-powered train, flagged off last month by Prime Minister Narendra Modi, is achieving new milestones every day. According to the latest information from Indian Railways, the hydrogen train, which is also the world’s most powerful, has clocked around 6,000 kilometers…
Air India is seeking $1.5 billion in fresh equity from Tata Sons and Singapore Airlines after reporting a record $2.33 billion loss NEW DELHI/MUMBAI: Air India has returned to its shareholders for $1.5 billion, more than a year after Tata Sons halted fresh equity injections into the airline, as its turnaround proves costlier and slower…
Profits pulled sharply ahead of investment in FY24 (Representative image) MUMBAI: Corporate profits have recovered much faster than investment after the pandemic, with aggregate profit before interest and tax (PBIT) growing 21.4% in FY24 against 6.1% growth in gross fixed assets (GFA), an Economic Advisory Council to the Prime Minister working paper has found.Profitability itself…
The main event for gold this week is the Jackson Hole symposium from August 27–29, particularly Fed Chair Kevin Warsh’s speech on Friday. Gold price prediction today: Gold prices are showing a positive bias, and while short-term news related fluctuations may occur, the long-term outlook is bullish, says Vedika Narvekar, Research Analyst – Commodities &…
Top stock picks for August 26, 2026 Stock market recommendations: Tata Steel, Max Healthcare Institute, and Narayana Hrudayalaya – these are the top stok picks from Mehul Kothari, DVP – Technical Research at Anand Rathi Shares for August 26, 2026:Tata SteelTata Steel has formed a multiple-bottom pattern in the Rs 180–185 zone, indicating strong buying…
Headline CPI inflation increased marginally in July. MUMBAI: The Indian economy remains resilient despite external headwinds, but below-normal monsoon prospects, higher crude oil prices, geopolitical tensions and global trade uncertainty pose risks to growth and inflation, according to the State of the Economy article in RBI’s Aug bulletin.The assessment also pointed to firm domestic demand,…
