Budget 2020

Should you buy gold this Akshaya Tritiya? Analysts see 8% likely return

NEW DELHI: Buying gold on Akshaya Tritiya is considered auspicious in Hindu and Jain traditions. This year, buying the yellow metal on Friday’s Akshaya Tritiya may help grow your wealth faster, as analysts believe the yellow metal is all set to climb its all-time high. Jitters caused by rising bond yields and Covid uncertainties across […]

Budget 2020

Gold declines ₹ 317 on muted global trends

Gold dipped ₹ 317 to ₹ 46,382 per 10 grams in the national capital on Wednesday, in line with a decline in the yellow metal’s prices overseas, according to HDFC Securities. In the previous trade, the precious metal had closed at ₹ 46,699 per 10 grams. In contrast, silver jumped ₹ 2,328 to ₹ 70,270 […]

Budget 2020

Investors beat volatility with asset allocation MFs

(This story originally appeared in on May 03, 2021) MUMBAI: Extreme volatility in recent months in the three most popular asset classes for common people — stocks, bonds and gold — has prompted investors to lap up asset allocation funds. These mutual funds divide investors’ money in a judicious manner among the three asset classes. […]

Budget 2020

Gold notches best week in 6 months on US jobs data miss

Gold jumped more than 1% en route to its best week since November last year after an unexpected drop in US jobs growth in April hastened a retreat in the dollar and Treasury yields. Spot gold rose 0.9% to $1,832.07 per ounce by 12:09 p.m. EDT (1609 GMT), after hitting its highest since Feb. 11, […]

Budget 2020

How gold, silver, platinum performed during the week ending April 29, 2021

The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs) Improving global economic outlook and profit booking, triggered by its rally to two months […]

News Headlines

Seema gets gold; Greco Roman wrestlers bite dust at World Olympic Qualifiers

Seema Bisla added a gold medal to her Olympic qualification but India’s Greco Roman wrestlers drew a blank at the World Olympic Qualifiers as none of them could earn a Tokyo Games quota, here on Saturday. Seema, who secured her Olympic qualification on Friday, took the 50kg gold without getting on mat as her rival […]

Sports

Covid-19: Moscow Olympic gold medallist and former hockey coach MK Kaushik dead

Former India hockey player and coach M K Kaushik on Saturday died after battling COVID-19 for the past three weeks. He was 66 and survived by his son and wife. MK Kaushik, a member of the 1980 Moscow Olympics gold-medal winning Indian team, had tested positive for COVID-19 on April 17 and was admitted to […]

Sports

Moscow Olympic gold medallist hockey player Ravinder Pal Singh succumbs to COVID

Former India hockey player and a member of the 1980 Moscow Olympics-winning side, Ravider Pal Singh, died on Saturday morning in Lucknow after battling COVID-19 for nearly two weeks. He was 65. Singh was admitted at the Vivekananda Hospital on April 24 after contracting the deadly virus. According to family sources, Singh had recovered from […]