Gold prices in India maintained their upward trend and traded with gains on Monday. Gold futures rose to Rs 50,430 while recording a 0.47 per cent gain at 10:14 AM. Silver futures showed similar momentum and recorded a spike of 0.96 per cent to touch Rs 57,401. The prices of the precious metal will likely maintain their upward momentum in the domestic Indian market due to a spike in demand during Navratri and the festive season. The 22-carat gold traded at Rs 46,500 whereas the 24-carat variety of precious metal retailed at Rs 50,730 for the same quantity. Silver also rose by close to Rs 500 by yesterday’s level and traded at Rs 57,400 for a kilogram Gold was the priciest in Delhi and traded at Rs 51,280 for 24 carat and Rs 47,000 for 10 grams of 22-carat variety. In Mumbai, Hyderabad, and Kolkata, the precious metal recorded levels of Rs 51,110 and Rs 46,850 for 10 grams of 24 and 22 carats respectively. Gold prices in Chennai moved to Rs 47,050 and Rs 51,160 for 22 carats and … [Read more...] about Gold Prices Spike Amid Festive Season: Check Gold Rates Today in Delhi, Mumbai And Other Cities
Price of 10 oz silver bar
The Supreme Court is currently hearing oral arguments in Indian Young Lawyers Association v. State of Kerala , in which rules that bar the entry of women aged between 10 and 50 years into the Sabarimala temple in Kerala have been called into question. At a purely unreflecting level the case might well appear to us to be an easy one to resolve. To prohibit women from entering a public space, from worshipping in a shrine of their choice, one would think, ought to be anathema to the tenets of a constitutional democracy. But, as a study of the rival contentions made before the five-judge Bench that heard arguments shows us, the religious freedom clauses in the Constitution are possessed of a special complexity, which the court’s own past jurisprudence has turned into a quagmire of contradictions. Freedom of religion Generally, the right to freedom of religion of both individuals and groups is recognised as an intrinsic facet of a liberal democracy. The Constitution memorialises … [Read more...] about The Sabarimala singularity
Indian shares inched lower on Monday, dragged by metal and IT companies, as global investors remained on edge following higher-than-expected U.S. inflation, while concerns over growth lingered. The S&P BSE Sensex gyrated within a band of 771 points, before settling at 56,789, down 638 points or 1.11 per cent. The NSE Nifty50, too, closed 207 points, or 1.21 per cent, lower at 16,887. The index hit a high of 17,114.65, and a low of 16,921.25 during the day. Adani Enterprises was the biggest Nifty dragger as it dropped 9 per cent. This was followed by selling in Eicher Motors, Maruti Suzuki, Adani Ports, Hindalco, Tata Consumer Products, HUL, Kotak Bank, ITC, HDFC Life, Britannia, SBI, and Tata Motors. All these stocks fell between 2 per cent and 6 per cent. On the upside, ONGC, Cipla, Coal India, Dr Reddy’s Labs, BPCL, Divis Labs, and Bharti Airtel helped trim losses. The broader markets declined in tandem with benchmarks with the BSE MidCap, and SmallCap indices dipping … [Read more...] about Sensex Plunges 650 pts, Nifty Settles Below 16,900; Adani Group Stocks Slide
LAGOS, Portugal — The Bam Bam Beach Bitcoin bar, on an uncrowded beach in southwestern Portugal, is the meeting place. To get there, you drive past a boat harbor, oceanside hotels and apartment buildings, then park near a sleepy seafood restaurant and walk down a wooden path that cuts through a sand dune. Yellow Bitcoin flags blow in the wind. The conversations about cryptocurrencies and a decentralized future flow. “People always doubt when to buy, when to sell,” said Didi Taihuttu, a Dutch investor who moved to town this summer and is one of Bam Bam’s owners. “We solve that by being all in.” Sitting in the sand nearby, another bar regular, Katherin Bestandig, said, “Everything is possible if you’re brave.” The bar and community of about 150 crypto supporters around the town of Lagos are a bubble of optimism amid what has become known as the “crypto winter.” This summer, cryptocurrencies such as Bitcoin and Ether melted down , and crypto companies like … [Read more...] about On Portugal’s ‘Bitcoin Beach,’ Crypto Optimism Still Reigns
SANTA ROSA, Calif. - The deadly wildfires that have ravaged Northern California over the past week - killing dozens and forcing thousands to flee their homes - continued to burn Sunday, as officials hoped lighter winds would help fire suppression efforts. The National Weather Service said wind gusts north of San Francisco would gradually decrease Sunday, though "warm and very dry conditions" would persist. A red flag warning remained in place in the region through Sunday morning. Overnight Saturday, stronger winds of 35 to 45 mph had prompted a new round of mandatory evacuations for thousands of residents in parts of the Sonoma Valley and eastern Santa Rosa, for fear that a blaze in the area, dubbed the Nuns Fire, would spread more rapidly under heightened fire conditions. In neighboring Napa County, to the east, officials expressed cautious optimism Saturday. "Sonoma County has had a very tough morning with the winds that have surfaced over there. We're not out of the woods … [Read more...] about Death toll continues to rise as California wildfires burn on
The new math is unforgiving: At 6.7 percent, the average 30-year fixed-rate mortgage has more than doubled in less than a year, scaring away many would-be home buyers. Inflation hasn’t helped either. Now, lenders are getting creative, offering more options to lure buyers and undercut the competition. Before the Federal Reserve began raising its key interest rate — which influences mortgage pricing — it was easy to find a mortgage that began with a 3. Rocket Mortgage, the nation’s largest lender, recently introduced its Inflation Buster program, which promises to cut a borrower’s interest rate by one percentage point on a fixed-rate loan for the first year. Mortgages with even longer teaser-rate periods are also making a comeback. And some lenders, like United Wholesale Mortgage, which, as the third-largest, works with independent mortgage brokers, have dropped their rates. Even interest-only mortgages, which allow borrowers to pay only interest for a set period, have returned … [Read more...] about Confused by the New Mortgage Gimmicks? Here’s a Guide.
PRAGUE — Thousands of protesters flocked into Prague’s Wenceslas Square on Wednesday, demanding the resignation of the government of the Czech Republic as an energy crisis stoked popular unrest that will be closely watched in other European capitals. Despite a rain-soaked start, demonstrators hoisting Czech flags and chanting, “Shame! Shame!” turned out for the second time in a month to rally under the slogan “Czech Republic First.” They were a hodgepodge of figures with a broad range of causes, including Kremlin sympathizers and those who said they are fighting a “global elite.” But many at the protest were there to express their concern about soaring prices and energy costs as winter loomed, with the Czech Republic one of the first countries in Europe to face such large protests over the issues. Many protesters linked their economic woes to the European Union’s tough sanctions on Russia after its invasion of Ukraine — repeating a line propagated by the Kremlin, which is … [Read more...] about Protests in Prague Signal a Troubled Winter Ahead in Europe