Gold prices on Wednesday, October 30, rose 0.41 per cent or ₹321 to ₹79,554 per 10 grams of the yellow metal as of 9:06 p.m. (IST), compared to its previous close at ₹79,233 per 10 grams, according to data collected from Multi Commodity Exchange of India (MCX) on Gold Futures contract of December 5, 2024. … Read more
When you sell your old piece of jewellery to buy a new one, you are meant to pay capital gains tax on the sale. It is vital to note that the sale of gold, even for the purpose of buying a new ornament, is seen as the sale of an old asset. In Budget 2024, … Read more
Gold and silver prices in India are currently trading near record highs amid the Diwali festive season. The MCX gold rate has surged close to ₹80,000 per 10 grams, while silver prices are approximately ₹99,000 per kilogram, after briefly crossing the ₹1,00,000 mark earlier this month. Gold has delivered a substantial return of over 33.5% … Read more
If you plan to invest in digital gold this Diwali, remember that you have several options, including gold mutual funds, gold ETFs and gold bonds. With the government planning to discontinue gold bonds, investors can consider investing in gold ETFs and gold mutual funds. There are 17 gold exchange-traded funds (ETFs) with total assets under … Read more
Dividend Stock: Defence Stock Mazagon Dock Shipbuilders remains in focus as today . 30 October is the record date for dividend payout The Board of Directors of Mazagon Dock Shipbuilders at their meeting held on 22 October 2024 had declared an interim dividend of Rs. 23.19 per equity share of Rs. 10 each fully paid-up … Read more
If you want to make the most of the high interest rates that prevail in the current market, you may consider locking some of your savings into fixed deposits. Since equity markets are declining on foreign investors’ selling spree and Nifty50 is already 8 per cent down from its all-time high, parking your money in … Read more
For the second time in less than a year, Circle Internet Financial Ltd. has increased the fees it charges to cash out holdings of its USDC stablecoin. Redemption of USDC via the Circle Mint platform used to be free and unlimited. In February, Circle introduced a fee for swaps above $15 million. Now, there are … Read more
If you are a regular credit card user, it is vital for you to clear your bill on time to keep your credit score intact and avoid paying late fee as well as interest at an exorbitant rate. There is no denying the fact that the best time to clear your credit card bill is … Read more
Mint is thrilled to introduce the All About AI Tech4Good Awards, sponsored by Salesforce, that recognizes the most impactful and creative uses of Artificial Intelligence (AI) in driving impact and social good. This unique initiative will conclude with a grand awards night in Mumbai, uniting industry leaders, technologists, and AI experts to discuss how AI can help … Read more
SBI Cards and Payment Services on Tuesday, October 29, reported a 33% year-on-year (YoY) decline in net profit to ₹404 crore for the second quarter of fiscal 2025 (Q2 FY25), due to an increase in provisions. In the same period last year, the company posted a PAT of ₹603 crore. Provisions rose sharply to ₹53,596 … Read more