Gold prices have breached the Rs 1 lakh mark and investors are wondering - is this the right time to buy gold or should they be booking profits? What's the gold rate outlook for this year and will the rally last? Experts weigh in:
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Despite China's impressive economic growth over the past 18 years, its stock market performance, as reflected in the Shanghai Composite and Hang Seng indices, has been stagnant compared to the S&P 500 and Nifty 50.
The 2025 Union Budget could simplify the tax regime, focusing on areas like better taxpayer experience, tangible benefits from taxes, housing loan deductions, ESOP taxability, and the Faceless Assessment Scheme. These improvements aim to boost compliance, improve financial planning, and provide strategic economic benefits.
Three of the five richest candidates in the Delhi assembly polls are from BJP, with Shakur Basti's Karnail Singh leading with assets worth nearly Rs 260 crore. Analysis by ADR shows wide disparity among candidates, with five billionaires and three having zero assets. The polls will take place on February 5.
Canadian deputy PM Chrystia Freeland resigned abruptly, citing policy disagreements with Prime Minister Justin Trudeau over handling US tariff threats. Freeland, also the finance minister, stressed the need for fiscal prudence against potential trade wars, seemingly criticizing Trudeau's recent tax policies. Her departure, hours before a scheduled financial update, raises questions about Trudeau's leadership and the nation's economic direction.
In a surprising turn of events, the BJP won 48 out of 70 seats in the Delhi assembly elections. Parvesh Verma defeated incumbent Chief Minister Arvind Kejriwal. Verma attributed the victory to PM Modi and BJP workers, and emphasized fulfilling promises on women’s allowances, tackling corruption, and improving infrastructure. Kejriwal conceded defeat and pledged constructive opposition.
Union Minister Pralhad Joshi criticizes the Karnataka government for imposing a garbage cess in Bengaluru. BJP leaders claim the Congress-led government is taxing everything due to financial mismanagement. Protests are planned against the price hikes in essentials like milk, electricity, and now waste management fees. The new garbage tax is set to burden residents and businesses from April 1.
A fire engulfed City Hospital, an orthopedic care facility in Dindigul, Thursday night, claiming the lives of at least seven people, including a child, primarily due to suffocation. Around 29 patients were transferred to nearby government hospitals. Authorities swiftly responded, rescuing six individuals trapped in a lift. An investigation into the fire's cause is underway.
The World Bank has halted a $500 million loan to Pakistan due to unfulfilled conditions, including revisions to a China-Pakistan Economic Corridor agreement. This leaves a $2.5 billion financing gap, exacerbated by the cancellation of another loan related to clean energy.
A mysterious disease has hit poultry farms in Telangana's Wanaparthy district, leading to the sudden deaths of around 2,500 chickens in three days. Veterinary officials are investigating the cause by collecting and testing samples. Authorities are urging farm owners to follow biosecurity measures to prevent further spread while awaiting lab results.
RSS chief Mohan Bhagwat criticized the rise of disputes over religious sites, emphasizing the importance of interfaith harmony in India. He stated that raising issues out of hate is unacceptable, referencing the Ram temple as a matter of faith. Bhagwat urged a return to ancient culture, rejecting extremism and advocating for inclusivity, where everyone can practice their faith freely.