Gold rate in India ended flat on Friday, while the international gold prices witnessed their best week in five led by weaker US jobs data this week that reinforced hopes for interest rate cut by the US Federal Reserve. On Friday, MCX gold price ended 0.01% lower at ₹72,722 per […]
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Mumbai: Top brokers have reopened the currency derivatives door for clients willing to declare that they comply with rules, after trading volumes plunged following the implementation of recent central bank directions. Zerodha, Motilal Oswal and Kotak Securities have begun seeking self-declarations from clients stating that such positions are taken only […]
Gold prices surged on Friday, marking their most substantial weekly gain since early April, driven by pessimism surrounding the weak U.S. employment data, which bolstered expectations of interest rate cuts by the Federal Reserve in the coming months. Spot gold saw an impressive 1.1% increase, reaching $2,372.46 per ounce by […]
Aadhar Housing Finance IPO subscription status: Aadhar Housing Finance IPO, backed by private equity major Blackstone, received a subscription of 24.49 times on the third and final day of bidding. The portion for Qualified Institutional Buyers (QIBs) was booked 72 times. Aadhar Housing Finance IPO details Aadhar Housing Finance’s […]
In December, India’s Financial Intelligence Unit (FIU) called for blocking web addresses of a number of global crypto firms which were not registered in the country, over concerns that some of them may be misused for money-laundering. On Friday, FIU said that it has lifted Kucoin’s suspension after the exchange […]
The TBO Tek initial public offerings (IPO) opened for subscription on May 8, 2024 and closed on May 10, 2024. The IPO of travel distribution company was subscribed over 52.46 times on the final day of bidding on Friday. The company optimizes the travel sector for various suppliers, including hotels, […]
Star couple Virat Kohli and Anushka Sharma are poised to make a significant profit with the upcoming listing of Bengaluru-based insurance startup Go Digit. Their investment of ₹2.5 crore could see a handsome multibagger return of 263%, with the upper price band set at ₹272. This would elevate the value […]
Capital markets regulatory Securities and Exchange Board of India (SEBI) has proposed making the process of direct payout of such securities to the client’s account mandatory, in order to enhance the operational efficiency and reduce the risk to clients’ securities. Nithin Kamath, co-founder and chief executive officer (CEO) of online […]
BSE Midcap and Smallcap indices have fallen 3 per cent and 4 per cent for the week, respectively, while investors have turned poorer by nearly ₹10 lakh crore in a week as the cumulative market capitalisation of BSE-listed firms has dropped to nearly ₹396.6 lakh crore. Nearly 350 stocks in […]
Hire a wealth manager, and one of their first tasks will be to work out your attitude to risk. If you are not sure exactly what this means, the questions are unlikely to help. They range from the inane (“How do you think a friend who knows you well would […]