Top Gainers and Losers today on 31 October, 2024: Cipla, Larsen & Toubro, Tech Mahindra, HCL Technologies among most active stocks; Check full list here

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Top Gainers and Losers today on 16 August, 2024: Wipro, Tech Mahindra, Divis Laboratories, SBI Life Insurance Company among most active stocks; Check full list here

Top Gainers and Losers Today : The Top Gainers and Losers today reflect significant movements in the stock market. The Nifty index closed at 24,340.85, experiencing a decline of 0.56%. Throughout the trading session, the Nifty reached a high of 24,372.45 and a low of 24,172.6. Similarly, the Sensex fluctuated between 80,044.95 and 79,287.93, ultimately … Read more

How to take a loan against stocks to tackle a cash crunch

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How to take a loan against stocks to tackle a cash crunch

However, leveraging shares comes with conditions and risks that need careful consideration. How loan against shares works A loan against shares (LAS) allows borrowers to pledge their equity holdings as collateral for an overdraft facility, offering flexibility by charging interest only on the utilized amount. For example, if shares worth ₹10 lakh are pledged, the … Read more

Gold and silver prices today on 31-10-2024: Check latest rates in your city

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Gold and silver prices today on 22-07-2024: Check latest rates in your city

Gold and Silver Prices Today: Gold prices saw a slight increase on Thursday. The cost of 24 carat gold is Rs.8134.3 per gm, up by Rs.710.0. The cost of 22 carat gold is Rs.7458.3 per gm, up by Rs.650.0. The price change in 24 carat gold in the last one week has been -0.41%, whereas … Read more

What are the key factors that affect personal loan interest rates?

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What are the key factors that affect personal loan interest rates?

India’s household savings as a proportion of our GDP is declining. In its latest Financial Stability Report (June 2024), the Reserve Bank of India has also noted that while net financial savings have declined in 2022-23, financial liabilities have gone up thanks to retail loans for consumption and investment. Rise of personal loans The personal … Read more

Oil rises over 2% on low US crude draw, delay in OPEC+ output hike; Brent rebounds from 6% drop to hit $73/bbl

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Oil rises over 2% on low US crude draw, delay in OPEC+ output hike; Brent rebounds from 6% drop to hit $73/bbl

International crude oil prices rebounded on Wednesday, October 30, rising more than two per cent after data showed US crude and gasoline inventories fell unexpectedly last week and on reports that the Organisation of Petroleum Exporting Countries (OPEC) will likely delay its planned oil output increase. After falling more than six per cent earlier in … Read more

Received an expensive gift this Diwali? You may be liable to pay income tax on it—check details

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Received an expensive gift this Diwali? You may be liable to pay income tax on it—check details

Have you received an expensive gift from someone this Diwali? It could be an expensive watch, a rare painting, a piece of jewellery, or even a pair of branded shoes. Although a gift is typically considered tax-free, when its value is more than ₹50,000, it is liable to income tax in the hands of the … Read more

Gold prices rise 0.41% to ₹79,554 amid festive season demand; silver plummets 1.27%

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Gold prices rise 0.41% to ₹79,554 amid festive season demand; silver plummets 1.27%

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

Planning to exchange old jewellery for new? Know the income tax rules

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Planning to exchange old jewellery for new? Know the income tax rules

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 vs silver: Where should you invest in Samvat 2081?

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Gold vs silver: Where should you invest in Samvat 2081?

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

These 9 Gold ETFs delivered nearly 27% return since last Diwali; check details

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These 9 Gold ETFs delivered nearly 27% return since last Diwali; check details

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