millwood kane international

‘You can consider SGBs with gold a bit cheaper now’

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‘You can consider SGBs with gold a bit cheaper now’

Mumbai: Investors could subscribe to the upcoming offering of Sovereign Gold Bond as prices of the yellow metal appear undervalued after the recent weakness, said fund managers and analysts. Over the next 12 months, investors can allocate up to 15% of their portfolio to gold. In the fifth tranche of SGB this fiscal, investors will … Read more

August CPI inflation at 6.69%: Experts say numbers above RBI target to dampen October rate cut hopes

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August CPI inflation at 6.69%: Experts say numbers above RBI target to dampen October rate cut hopes

India’s retail inflation eased slightly in August as food inflation cooled, but remained above the upper end of RBI medium-term target for the fifth straight month, government data showed on Monday. Retail inflation in August at 6.69% was lower than the 6.85% forecast that analysts had made in a Reuters poll and the 6.73% registered … Read more