Institutional investors retreat as ETF outflows increase Risky assets like cryptocurrencies saw a decline in prices as the shutdown in the US ended and the committee members were signaling that there would be no interest rate cut in the December meeting of the Federal Open Market Committee. Major crypto Bitcoin fell more than six percent…
Gold and silver prices continued to rally behind the world market and jewellers were left speechless as new high prices were seen before Diwali. The rally in the jewellery markets continued to boil as import costs increased at home due to the advance in the world market. In the Ahmedabad gold and silver market, silver…
Markets crashed on fears of a trade war between the US and China Bitcoin recorded a record loss of more than $14,000, price plummeted to $1.08 lakh: Other cryptos also fell by 16 percent US President Donald Trump on Friday threatened an additional 100 percent tariff on China, following which there was a major crash…
Global gold prices fell below $4,000 on Friday due to profit bookings by global funds that gold prices have reached an excessively high level. However, silver crossed the $51 mark and showed a new high. The precious metal witnessed heavy fluctuations at the end of the week. Silver remained firm compared to gold due to…
The crypto market has crashed due to the announcement of US President Donald Trump to impose an additional 100 percent tariff on China. Investors in the crypto market have lost six billion dollars (Rs. 50 thousand crore) in just one hour due to the fear of a trade war between the US and China. After…
Gold and silver prices in the Mumbai jewellery market today rebounded after a shock. The news from the world market was encouraging. There was news that global gold prices had risen again and crossed $3,300 per ounce. Following the global market, fresh selling in the domestic jewellery markets today was halted. Global gold fell as…
The stock market is playing a vital role in capital formation. In such a situation, the investment inclination of the younger generation has also increased significantly and the participation of the millennial generation (those born between 1997 and 2012) in the stock market is also increasing. Market regulator Securities and Exchange Board of India (SEBI)…
India has officially overtaken Japan to become the world’s fourth largest economy. NITI Aayog CEO BVR Subramanian gave this information in a press conference on May 24. India has achieved this achievement due to its economic policy. Citing data from the International Monetary Fund (IMF), Subramanian said, “We are the fourth largest economy. We are…
There is an atmosphere of uncertainty in the global economy due to tariff wars and weak consumer sentiment around the world. But in this environment, the Indian economy is showing strength. According to the Reserve Bank of India’s ‘State of the Economy’ report for the month of April, many indicators related to India’s industrial and…
Cryptocurrency Bitcoin has crossed $1.10 lakh for the first time. If converted into rupees, the price of one Bitcoin is Rs 95.50 lakh. When it was created in 2009 by a person named Satoshi Nakamoto, its price was $0.0041. What is Bitcoin? Bitcoin is called the “gold” of the digital world. It is a digital…
