A new 2025 report from personal finance platform WalletHub confirms what many California residents already suspect: owning a home in the Golden State is becoming increasingly unattainable. In fact, nine out of the top ten least affordable cities for homebuyers in the U.S. are located in California. At the bottom of the list is Santa Barbara, which ranked 300th out of 300 cities studied, making it the least affordable city in the country. Other California cities in the bottom 10 include Santa

In a groundbreaking scientific discovery, researchers have uncovered evidence that Earth’s core is leaking gold and other precious metals to the surface, challenging long-held beliefs about the planet’s interior and its level of geological isolation. A team from the University of Göttingen in Germany conducted an isotopic analysis of Hawaiian volcanic rocks, revealing trace elements that likely originated from deep within the Earth's core. According to th

In an unprecedented development, the revered Golden Temple in Amritsar granted special permission to the Indian Army to deploy air defence systems within its sacred premises. The rare move came amid increased Pakistani drone and missile attacks targeting Amritsar in retaliation to India’s launch of Operation Sindoor, a counter-terror strike initiated after the April 22 attack in Pahalgam. Lieutenant General Sumer Ivan D'Cunha, Director General of Army Air Defence, confirme

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