For centuries, gold and Dhanteras have been like bread and butter, or the carriage and the horse – one cannot be separated from the other. Indians have traditionally purchased gold during the festive days of Dhanteras and Diwali. But this year could be a bit different from earlier years. The price of gold has been … Read more
If there is one item whose price has been consistently marching north, it is gold. According to reports, it has risen 30% in 2024, with geopolitical tensions, prospect of another rate cut by the US Fed after a more-than-expected 50 basis point cut in September and the uncertainty arising out the US presidential elections. Significantly, … Read more
Hoping for lower EMIs (equated monthly instalments) on home loans, car loans and personal loans, if you were pinning your financial planning on a rate cut decision by the Reserve Bank of India (RBI) in the next MPC (monetary policy committee) meeting or sometime in the near future, go back to your drawing board again. … Read more