Spiraling inflation may boost gold demand as a hedge: Report

Gold has gained importance as an investment asset over the years, and is viewed as a good hedge in the event of the rupee fall and against inflation in the short-term. Notably, gold’s long-term returns over the past 15 years have outperformed equities and debt, despite these asset classes moving…

View More Spiraling inflation may boost gold demand as a hedge: Report

India’s economy experiencing V-shaped recovery due to Centre’s all-round efforts: Defence Minister Rajnath Singh

To alleviate the burden on the supply chain, Rajnath Singh stated that additional investments are being made both domestically and internationally. Read More | Source: DNA…

View More India’s economy experiencing V-shaped recovery due to Centre’s all-round efforts: Defence Minister Rajnath Singh

Facebook Parent Meta Said to Partner With AMD for Mobile Infrastructure Programme

Facebook parent Meta is said to have partnered with chip maker AMD for a mobile Internet infrastructure program that would bring base station costs down to make broadband more accessible around the world. Read More | Source: Gadgets 360…

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Gold schemes’ mop-up rises four times from FY20 level

The combined mop-up under the sovereign gold bond programme and the gold monetisation scheme (GMS) shot up to Rs 17,323 crore in FY21 and remained elevated at Rs 18,042 crore in the last fiscal, compared with just Rs 3,870 crore in the pre-Covid year of FY20. Read More |…

View More Gold schemes’ mop-up rises four times from FY20 level

Big Tech Data Collection Under Scrutiny After World Central Bank Group Demands More Control

World’s main central bank umbrella group, the BIS, has demanded for individuals and firms to be given more control over the data harvested on them by social media, Big Tech firms and banks. In a pa[er published on Thursday, the BIS mentioned while most countries already have some laws around…

View More Big Tech Data Collection Under Scrutiny After World Central Bank Group Demands More Control

Gold’s biggest quarterly gain in 2-yrs in Q1; next week outlook bullish, Akshaya Tritiya to fuel retail demand

MCX gold outlook is bullish for next week as India may experience a pick-up in retail demand ahead of Akshaya Tritiya Read More | Source: The Financial Express…

View More Gold’s biggest quarterly gain in 2-yrs in Q1; next week outlook bullish, Akshaya Tritiya to fuel retail demand

Sensex slumps 1,172 points led by IT, financials , Nifty ends below 17,200

FMCG, Auto, Metals in focus; Volatility index rises above 19 Read More | Source: The Hindu Business Line…

View More Sensex slumps 1,172 points led by IT, financials , Nifty ends below 17,200

NSE appointment of China-linked tech consultant under scanner

David Tsoi headed obscure tech companies, had People’s Bank of China, Shanghai Exchange as main clients apart from India’s NSE and NSDL Read More | Source: The Hindu Business Line…

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