For many Indians these days, the real value of gold may lie not in keeping it locked away, but in unlocking it. They say old is gold, and indeed old gold is turning into a golden opportunity for families in India as prices of the yellow metal rise, yielding an asset that is now increasingly…
India mobilised a record $127.23 billion through foreign-currency deposits under a special central bank programme aimed at strengthening the country’s foreign-exchange liquidity, highlighting the role of the overseas Indian community in supporting the economy during periods of market stress, the Reserve Bank of India said on Wednesday.Foreign Currency Non-Resident (Bank), or FCNR(B), deposits accounted for…
Although the Form 16 was not available to him, Aggarwal’s Form 26AS contained the details of the TDS that had been deducted. Switching jobs comes with the need for increased vigilance on the income tax front. But what if your Form 16 is delayed and you are unable to file your tax return in time…
NEW DELHI: The Centre on Wednesday released a set of FAQs to clarify the methodology behind India’s latest GDP estimates, after the opposition raised questions over the credibility of the 7.8% growth recorded in the April-June quarter.The ministry of statistics and programme implementation (MoSPI) said the FAQs explain key issues including the use of double…
Gen Z is one of the more financially aware generations, focusing on financial independence and investing. Love them, hate them, but you can’t ignore them!They may be the generation that has an opinion on everything, and one that everyone has an opinion about, but when it comes to money, Gen Z is rewriting some old…
File photo: An Uber logo is displayed at the company’s headquarters in San Francisco (Picture credit: AP) Uber Technologies will cut about 3,300 jobs, representing roughly 10% of its global workforce, as part of a major restructuring aimed at reducing management layers and reallocating resources towards its core ride-hailing, delivery and robotaxi businesses.The job cuts…
The first pair of Vande Bharat sleeper trains was launched earlier this year between Guwahati and Howrah. Indian Railways’ first Vande Bharat Express was launched back in 2019 amid much fanfare. The chair car train became the face of modern train travel in India and now the Vande Bharat sleeper train is looking to replicate…
The dispute was not about the eligibility for the chit prize or whether the claimant had won the bid. Won a chit prize but the payout is delayed? A Telangana consumer commission has upheld an order against Kapil Chits after holding the company responsible for delaying the payment of a Rs 15 lakh chit prize…
Key data for Gold and Silver this week will be the US Payrolls on Friday, followed by inflation data next week. Gold price prediction today: For the near-term, the outlook for both silver and gold remains bearish, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Jackson Hole was the…
The price nears $96 a barrel as US-Iran strikes stoke fears of supply disruption Oil prices extended their sharp rally on Wednesday, rising nearly 1 per cent in early trade as the latest US-Iran military escalation heightened fears that disruptions to crude supplies could worsen.Brent crude futures rose 87 cents, or 0.92 per cent, to…
