Amid heightened tensions following the Pahalgam terror attack, the Indian Army demonstrated its strength and preparedness by thwarting a major aerial assault from Pakistan that targeted both military and civilian structures in Punjab including the iconic Golden Temple in Amritsar. The attempted strike, which occurred in the early hours of May 8, involved Pakistan deploying drones and long-range missiles aimed at high-profile Indian targets. Thanks to India’s robust air defence

Gold prices fell significantly on Monday as investor confidence rebounded in response to a temporary agreement between the United States and China to ease tariffs. The development, seen as a step toward de-escalating prolonged trade tensions, prompted a shift in global risk sentiment and reduced demand for safe-haven assets like gold. Spot gold dropped by 3% to $3,225.28 per ounce in afternoon trading, moving sharply away from the record high of $3,500.05 it reached just weeks ago. Meanwhile, U.

The Golden State Warriors are officially back in the NBA Playoffs, securing the No. 7 seed after a strong play-in victory and setting up a first-round showdown with a familiar postseason rival — the Houston Rockets, who hold the No. 2 seed in the Western Conference. This matchup rekindles one of the more competitive playoff rivalries in recent years, with Golden State previously besting Houston in all four playoff series between 2015 and 2019. Now, in 2025, the two sides are meeting for

Akshaya Tritiya 2025, one of the most revered and spiritually significant days in the Hindu calendar, will be celebrated this year on Wednesday, April 30, 2025. Observed annually on the third tithi of the bright half (Shukla Paksha) of the Hindu month of Vaisakha, the day is also known as Akti or Akha Teej. It is marked by a strong belief that any good deed performed on this day—be it charity, religious rituals, or financial investments like buying gol

RPG Group Chairman Harsh Goenka, known for his witty and thought-provoking social media posts, has once again struck a chord with netizens. This time, he took to X (formerly Twitter) to share a humorous yet insightful comparison between material purchases and long-term investments particularly gold. Using real-life anecdotes involving his wife, Mr Goenka cleverly highlighted how investing in gold has proven to be far more valuable over the years than spending on depreciating assets like cars,

Gold has once again taken center stage in the global financial landscape, reasserting itself as a preferred safe-haven asset at a time when traditional pillars like U.S. Treasurys and the dollar are facing significant challenges. As economic instability, inflation fears, and geopolitical risks rise, investors are increasingly turning to gold as a reliable store of value. The recent depreciation of the U.S. dollar has been a key factor in gold’s renewed strength. Several econ

If you're wondering whether to invest in gold or mutual funds this year, you're not alone. With rising market uncertainty, inflation concerns, and global geopolitical tensions, investors are reevaluating traditional assets. Gold and mutual funds have long stood as two prominent options for Indian investors. While both offer potential returns, they cater to different investment styles, goals, and risk appetites. Financial experts suggest that a well-balanced investment portfolio, tailo

As gold prices hit historic highs in India, Zoho founder and CEO Sridhar Vembu took to social media to praise India’s traditional trust in gold while delivering a scathing critique of modern financial systems, central banks, and even Bitcoin. With retail gold prices crossing ₹1 lakh per 10 grams, driven by global economic uncertainties and demand for safe-haven assets, Vembu reinforced the sentiment that gold has long been at the core of India’s economic and cultural stability.

WASHINGTON – As his role in the federal government’s cost-cutting task force nears completion, billionaire entrepreneur Elon Musk has taken on a new challenge. Under direct instructions from U.S. President Donald Trump, Musk’s Department of Government Efficiency (DOGE) has been tasked with building the digital backbone for the new “Gold Card” visa—a fast-tracked path to U.S. residency for the world’s wealthiest immigrants. According to The New Yor

In a significant policy development, RBI Governor Sanjay Malhotra announced that the Reserve Bank of India will soon release comprehensive regulations governing prudential norms and conduct-related aspects of gold loans. This move follows growing concerns over irregular practices among certain regulated entities (REs) and the recent surge in gold-backed lending across the country. The upcoming regulations aim to harmonize gold loan guidelines across various categories of lenders, including ba

In a major immigration reform move, US President Donald Trump has proposed a new visa scheme that offers a 'gold card' residency permit to foreigners willing to invest $5 million in the United States. This initiative aims to attract “brilliant, hardworking, job-creating people” while generating significant government revenue to balance the federal budget. Described as “like the green car

In a recent statement, US Vice President JD Vance asserted that green card holders in the United States do not possess an indefinite right to remain in the country and can face deportation at the administration's discretion. His remarks come as US President Donald Trump continues to push for the controversial 'Trump Gold Card', a new investor visa program allowing foreigners to obtain US citizenship by investing $5 million in the country. The remarks were made during an interview

The Directorate of Revenue Intelligence (DRI) has arrested Kannada actor Ranya Rao in connection with a ₹12.56 crore gold smuggling case. According to the DRI’s arrest memo, Ranya attempted to smuggle 14.2 kg of 24-karat gold into India, concealing it in her clothing, shoes, and pockets to evade customs duty. The DRI’s memo outlines that Ranya Rao was intercepted on March 3, 2025, at Kempegowda International Airport (KIAL) in Bengaluru while arriving from Dubai on Emirates Fligh

Fixed deposits have long been considered a safe and reliable investment option in India, particularly among conservative investors. However, declining interest rates and rising inflation have made it increasingly difficult for FDs to offer returns that outpace the rising cost of living. With the Reserve Bank of India (RBI) reducing the repo rate, banks have responded by lowering FD rates, prompting investors to explore other options that provide higher returns while maintaining financial secu

With rising inflation and uncertain economic conditions, traditional savings methods like bank accounts and fixed deposits may no longer be enough to grow wealth. As a result, investors are increasingly looking at stocks, gold, and real estate as viable alternatives to secure their financial future.But which investment is the best choice in 2024? Let’s analyze each option using historical data, expert insights, and current market trends.   Real Estate: Sta

Former US President Donald Trump has announced a significant shift in US immigration policy, introducing the ‘Gold Card’ visa program, which allows Indian graduates from US universities to secure jobs and eventually gain citizenship. This move is seen as a major boost for international students, particularly those from India, who have often struggled with restrictive visa policies despite their high qualifications.   The ‘Gold Card’ initiative, un

The Indian badminton contingent, featuring top players such as PV Sindhu and Lakshya Sen, is gearing up for the 2023 Badminton Asia Mixed Team Championships. To help sharpen their skills ahead of the prestigious competition, they will take part in a five-day preparatory camp, starting Tuesday in Guwahati. The team is determined to surpass their previous bronze medal finish from the 2023 event and aim for an improved result in the championships set to take place in Qingdao, China, from Februar

Gold prices in Delhi hit an all-time high of Rs 83,750 per 10 gram on Wednesday, marking a significant rise of Rs 910 from the previous trading session. The surge was attributed to increased demand from jewellers and retailers. The 99.9% purity gold, which had closed at Rs 82,840 per 10 gram on the previous day, experienced a sharp rise, continuing its upward momentum seen earlier this year. From January 1, gold has jumped Rs 4,360 or 5.5%, reflecting a steady demand for the precious metal.

 Gold futures on the Multi Commodity Exchange (MCX) have surged to an all-time high, climbing 0.43% from Thursday's rates, reaching Rs 79,970 for contracts expiring on February 5, 2025. The precious metal has seen an upward trajectory this week, following a climb in spot prices which also touched record highs. As of 6:50 a.m. on Friday, gold's spot price in India stood at Rs 79,980 per 10 grams, according to the India Bullion Association. Despite the earlier rise, prices cooled o

Gold prices saw an increase of Rs 250, reaching Rs 80,550 per 10 grams in the national capital on Friday. This rise in prices was driven by continuous demand from retailers and stockists, as well as the weakening of the Indian rupee, which hit a record low. The previous day, gold had been priced at Rs 80,300 per 10 grams, according to the All-India Sarafa Association. Silver prices, however, remained unchanged at Rs 93,000 per kg. Gold of 99.5% purity continued its upward trajectory