Bitcoin hit a new all-time high on Wednesday, surpassing the $73,000 mark as investors mostly shrugged off slightly hotter-than-expected U.S. inflation, betting it won’t derail interest rate cuts expected by the middle of the year. In the last 24 hours, Bitcoin jumped to an intraday peak of $73,127. It was last 0.9% higher at $72,920 … Read more
Zerodha Fund House on Wednesday announced a new scheme and India’s first growth liquid exchange-traded fund (ETF)—Zerodha Nifty 1D Rate Liquid ETF. The fund is expected to be listed on the NSE and BSE exchanges by January 24. The Zerodha Nifty 1D Rate Liquid ETF replicates the Nifty 1D Rate Index, which measures the returns … Read more
As equity markets around the world unravel against a backdrop of escalating geopolitical tensions and interest rate hikes, equity investors are fazed by heightened volatility and many of the investor’s portfolios may have slipped into the red. This can be an unnerving experience for many, especially those who are new to investing. One of the … Read more
NEW DELHI: Gold and silver futures dipped in the opening trade on Thursday tracking trend in international market as dollar spiked on fear of rising Covid-19 cases in Europe and the US. French President Emmanuel Macron and German Chancellor Angela Merkel ordered their countries back into lockdown on Wednesday, as a massive second wave of … Read more
NEW DELHI: Gold and silver rose in Tuesday’s early session as tensions between US and China escalated and amid projections that India’s economy could contract 16.5 per cent in the first quarter of the current fiscal. US President Donald Trump on Monday promised tax credits for firms who relocate manufacturing facilities to the United States … Read more
NEW DELHI: Gold and silver prices rose in early trade on Monday, following a steep fall in the previous session, tracking the trend in the global market and on rising worries over fast spreading Covid-19 outbreaks. India has reported over 22 lakh Covid-19 cases by now with more than 44,400 deaths. Gold tends to gain … Read more