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Chinese Gold scam sparks fear, here's an assurance from an ETF

Chinese Gold scam sparks fear, here's an assurance from an ETF

A recent report claiming 83 tons of Gold in China turning into Copper has spooked Indian gold markets. The fear is understandable, given India <a href="https://www.sify.com/finance/covid-impact-indias-gold-imports-still-in-icu-news-topnews-uhctTkdbjcbjb.html" target="_blank">imports</a> ...

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July Sovereign Gold Bonds to cost Rs 175 more, should you invest?

July Sovereign Gold Bonds to cost Rs 175 more, should you invest?

Mumbai: The Reserve Bank of India on Friday announced the buying window for Series IV of 2020-21 Sovereign Gold Bond Scheme. The latest Sovereign bonds can be purchased by investors from July 6 to July 10. The new bonds are Rs 175 costlier than the previous bond announced in June.  "The nominal...

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Covid-19 Investment Strategy: FAQs and answers to embrace an opportunity in crisis

Covid-19 Investment Strategy: FAQs and answers to embrace an opportunity in crisis

The Covid-19 crisis has pushed global leaders into re-thinking new realities and there is a need for all investors too in re-strategizing priorities, investment plans and optimizing resources. This is quite akin to the saying - <i>when the going gets tough, the tough gets going.</i>.The ...

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India-China: Trade deficit slips and so do FDI investments

India-China: Trade deficit slips and so do FDI investments

New Delhi: Indian government's latest data reveals impact on Sino-Indian trade ties after relations between the two Asian nations turned sour.The data shows a difference in import-export (trade deficit) slipping to $48.66 billion from $53.56 billion a year ago. In 2019-20, India imported $65.26 bill...

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Covid-Impact: Indian Railways achieves major milestone

Covid-Impact: Indian Railways achieves major milestone

New Delhi: While the world reels over the cons of Covid, a happy revelation has been announced by Indian Railways.The Indian Railways on Thursday revealed the ever-impending target of 100% punctuality. The tweet read, <b>"First time in the history, Indian Railways has acheived 100% Punctuality...

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RBI data shows Bank credit and deposits growing in last fortnight

RBI data shows Bank credit and deposits growing in last fortnight

The Reserve Bank of India's latest fortnightly tracker shows bank credit and deposits as having grown by 6.18 per cent and 11 per cent to Rs 102.45 lakh crore and Rs 138.67 lakh crore respectively. The data is for the fortnight ending June 19.In the corresponding period of the previous year (fortnig...

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Beijing calls New-Delhi's app-ban discriminatory, asks for reversal

Beijing calls New-Delhi's app-ban discriminatory, asks for reversal

Beijing on Thursday has referred to New Delhi's ban on 59 Chinese apps as "discriminatory" and has sought a reversal on the ban.Chinese Commerce Ministry Spokesman Gao Feng has impressed that China did not take restrictive measures against Indian products and services. That, in reference to reports ...

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Salt on wound: Adani unveils EMI facility for inflated bills

Salt on wound: Adani unveils EMI facility for inflated bills

Mumbai: The issue of inflated bills has received an unusual response from Adani Electricity, a supplier to the city.After several complaints were raised on inflated bills, the company has unveiled a scheme to pay bills in EMIs.In an announcement, the company said, "The state lockdown has now been ex...

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Titan shares on two days of gain after six consecutive sessions of loss

Titan shares on two days of gain after six consecutive sessions of loss

Mumbai: Gold rates inching closer to 50,000 levels have helped stocks of Titan Company Limited. After six days of consecutive fall, the stock has shown a gain in the last two trading sessions.In the trade on Thursday, the stock settled to 986.35, up by 37.75 or 3.98 percent in just one session. The ...

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Bored of restrictions? Here's a flight to nowhere

Bored of restrictions? Here's a flight to nowhere

Taipei, Taiwan: Bored of the Coronavirus induced lockdown and restrictions? Want to try heading nowhere? The Taiwanese have an itinerary that should suit folks wanting to safely travel without fear of getting infected with the dreaded virus.A Taiwanese flight operator has tailored what it calls the ...

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