Archive for October, 2016
10/25/2016
Imports made up 86 per cent of Indias gold supply between 2016-2020, and inbound shipments continue to grow despite high import duty, as per a report by the World Gold Council (WGC). Since the first duty hike in 2012, India has imported some 6,581 tonnes of gold, averaging 730 tonnes per annum, according to WGCs
10/25/2016
With the upcoming Lok Sabha election 2019, stock market seems to be in a cautious mood since the start of the year, with Sensex and Nifty falling nearly 1% each in the last two months. While several investors are waiting on sidelines for election before making more moves in the stock market, PMS manager Yogesh
10/25/2016
A booster dose against COVID-19 increases the amount of circulating antibodies and is shown to increase protection from symptomatic infection with Omicron, scientists have said, underlining that boosters can be the simplest step forward, especially for the immunosuppressed. Reacting to the statement of UK Health Security Agency (UKHSA) that booster dose of Covishield vaccine effective
10/25/2016
The bonuses committed to policyholders will not be impacted after the mega listing of Life Insurance Corporation (LIC) even though its annual surplus transfer to policyholders Bonus to policyholders is not going to be reduced, So far, LIC was paying 95% of its surplus to policyholders and 5% to the government. Section 28 of LIC
10/25/2016
Rakesh Jhunjhunwala-owned Tata Motors share price has rallied 48% so far this month to trade at Rs 501 apiece and could extend its massive up-move, according to global brokerage firm Jefferies. Analysts have increased the target price for Tata Motors to Rs 625 per share from Rs 565 apiece earlier, on improving India franchise, early
10/25/2016
The domestic equity markets ended in the red territory on Tuesday primarily because of banking, oil gas, and pharma stocks. At close, the BSE Sensex was down 396.34 points at 60,322.37 with 21 of its constituents ending in the red. The Nifty ended 110.30 points lower at 17,999.20. Reliance Industries declined 2.58% and was the
10/25/2016
Investing in international stocks brings the advantage of global diversification to your investment portfolio. With the US being a robust powerhouse to boost the global economy, the first choice for most global investors is the US stock market. And, within the gamut of US stocks, there are innumerable investment ideas and themes that investors may
10/25/2016
Warren Buffett Calling crypto boom I wish they Munger was addressing Australian investors at the Sohn Hearts and Minds Investment conference in Sydney. My country – English-speaking civilisation – has made the wrong decision, The worldwide crypto adoption had jumped over 880 per cent in the past year with peer-to-peer platforms driving cryptocurrency usage in
10/25/2016
Whether you want to send money abroad for the purpose of investing in stocks, buying a home or meeting childrens education needs, there are rules and regulations set by the RBI to be followed by Indian individuals. You will, after all, have to buy US dollars using your Indian currency INR and there are limits
10/25/2016
Bloomberg: Looking to cash-in on the hype around online stock promotion, VanEck Associates Corp. is starting a new exchange-traded fund that purports to track the 75 most-favorably mentioned companies on the internet. Launching on Thursday, the VanEck Vectors Social Sentiment ETF (ticker BUZZ) follows an index that scours online sources including social media, news articles
