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Gold Price Today: Rs 77,170 Amid Global Volatility

As of 6:50 a.m. today, gold prices stood at Rs 77,170 per 10 grams, according to the India Bullion Association. This represents a slight dip from the highs seen on Monday when prices had briefly climbed after falling from Rs 79,100 on Friday. The price of gold had reached its highest level for the month on December 11 before experiencing a drop of over Rs 1,000 on Monday. Compared to November's peak of Rs 78,060 on Nov. 23, the current price of gold reflects the ongoing volatility in the

Business

17 Dec 2024 01:07 AM 1.09k views

Gold Price Today: Rs 77,170 Amid Global Volatility

As of 6:50 a.m. today, gold prices stood at Rs 77,170 per 10 grams, according to the India Bullion Association. This represents a slight dip from the highs seen on Monday when prices had briefly climbed after falling from Rs 79,100 on Friday. The price of gold had reached its highest level for the month on December 11 before experiencing a drop of over Rs 1,000 on Monday. Compared to November's peak of Rs 78,060 on Nov. 23, the current price of gold reflects the ongoing volatility in the

Business

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

Business

16 Dec 2024 06:34 AM 938 views

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

Business

Rupee Hits Record Low of 84.88 Against Dollar

On Thursday, the Indian Rupee weakened to a record low of 84.88 against the US Dollar, following a series of declines this week. The rupee had opened flat at 84.85 for the second consecutive day, and this followed a similar trend on Wednesday when it closed at 84.84 after opening at 84.85. Earlier in the week, the rupee had weakened by 12 paise on Tuesday to close at 84.85, marking a new low. The domestic currency dipped to 84.73 on Monday, continuing its downward trajectory. Expert

Business

12 Dec 2024 03:22 AM 674 views

Rupee Hits Record Low of 84.88 Against Dollar

On Thursday, the Indian Rupee weakened to a record low of 84.88 against the US Dollar, following a series of declines this week. The rupee had opened flat at 84.85 for the second consecutive day, and this followed a similar trend on Wednesday when it closed at 84.84 after opening at 84.85. Earlier in the week, the rupee had weakened by 12 paise on Tuesday to close at 84.85, marking a new low. The domestic currency dipped to 84.73 on Monday, continuing its downward trajectory. Expert

Business

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highest 28% GST rate, along with an additional cess. The proposal, which is part of a rate rationalisation report, is set to be presented before the GST Council in its upcoming meeting later this month. The Group of Ministers (GoM), led by Bihar Deputy Chief Min

Finance & Economics

03 Dec 2024 04:55 AM 1.14k views

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highest 28% GST rate, along with an additional cess. The proposal, which is part of a rate rationalisation report, is set to be presented before the GST Council in its upcoming meeting later this month. The Group of Ministers (GoM), led by Bihar Deputy Chief Min

Finance & Economics

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

02 Dec 2024 10:09 AM 1.47k views

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

Business

17 Oct 2024 19:20 PM 1.2k views

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

Business

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#electricity-rate

Gold Price Today: Rs 77,170 Amid Global Volatility

Gold Price Today: Rs 77,170 Amid Global Volatility

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Rupee Hits Record Low of 84.88 Against Dollar

Rupee Hits Record Low of 84.88 Against Dollar

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

Partial Solar Eclipse on March 29, 2025: Visibility, Timing, and Safety Guidelines

Plate Your Way to Weight Loss: Nutritionist's Tips for Healthy Eating

Rajnath Singh Unveils Commemorative Coin for M. Karunanidhi’s Birth Centenary

Trump declares end of Israel-Hamas war, says Americans should be proud

Union City Is Hiring: Explore Open Jobs In Police, Recreation, And City Services

Malcolm-Jamal Warner's Manhattan High School Mourns Actor's Sudden Death at 54

Dulcinea Panadería brings authentic Oaxacan flavors to San Jose

Software Engineer Dies of Heart Attack While Playing Cricket in Mumbai

Fernando Bale, Australia’s legendary greyhound sprinter, dies leaving historic legacy

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Partial Solar Eclipse on March 29, 2025: Visibility, Timing, and Safety Guidelines

Plate Your Way to Weight Loss: Nutritionist's Tips for Healthy Eating

Rajnath Singh Unveils Commemorative Coin for M. Karunanidhi’s Birth Centenary

Trump declares end of Israel-Hamas war, says Americans should be proud

Union City Is Hiring: Explore Open Jobs In Police, Recreation, And City Services

Malcolm-Jamal Warner's Manhattan High School Mourns Actor's Sudden Death at 54

Dulcinea Panadería brings authentic Oaxacan flavors to San Jose

Software Engineer Dies of Heart Attack While Playing Cricket in Mumbai

Fernando Bale, Australia’s legendary greyhound sprinter, dies leaving historic legacy

Solo Travel

#electricity-rate

Gold Price Today: Rs 77,170 Amid Global Volatility

Gold Price Today: Rs 77,170 Amid Global Volatility

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Rupee Hits Record Low of 84.88 Against Dollar

Rupee Hits Record Low of 84.88 Against Dollar

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

Partial Solar Eclipse on March 29, 2025: Visibility, Timing, and Safety Guidelines

Plate Your Way to Weight Loss: Nutritionist's Tips for Healthy Eating

Rajnath Singh Unveils Commemorative Coin for M. Karunanidhi’s Birth Centenary

Trump declares end of Israel-Hamas war, says Americans should be proud

Union City Is Hiring: Explore Open Jobs In Police, Recreation, And City Services

Malcolm-Jamal Warner's Manhattan High School Mourns Actor's Sudden Death at 54

Dulcinea Panadería brings authentic Oaxacan flavors to San Jose

Software Engineer Dies of Heart Attack While Playing Cricket in Mumbai

Fernando Bale, Australia’s legendary greyhound sprinter, dies leaving historic legacy

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