Gold is currently trading at around $4,600. A tenfold increase from that level would put the price at roughly $46,000 an ounce. (Image source: Adobe stock) Will gold prices hit $50,000 per ounce in the coming years? Thomas Kaplan, the chairman of Electrum, and a billionaire has predicted that the yellow metal may rise as…
The crackdown also includes tougher vetting of H-1B applicants, including scrutiny of their social media profiles and resumes. The Trump administration is tightening the US immigration system on multiple fronts, with new restrictions affecting immigrant visas, H-1B workers, green card applicants and some existing visa holders.The latest moves include a global pause in immigrant visa…
Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central…
Indian stock markets will remain in focus on Wednesday as investors assess whether falling crude oil prices can provide further support to equities after benchmark indices closed higher in the previous session. The Nifty 50 ended Tuesday at 24,334.55, gaining 115.50 points, or 0.48%, while the BSE Sensex rose 286.98 points, or 0.37%, to 77,656.09….
India is confident that trade will continue uninterrupted even after the US announced sanctions on Iran (representative image) India, the world’s biggest rice exporter, is confident its rice trade with Iran can withstand the threat of tougher US sanctions, with shipments continuing despite higher prices and months of war-related disruption.Rice accounts for nearly two-thirds of…
Two or more co-borrowers take a joint home loan, and all co-borrowers are jointly responsible for repayment. The author is CEO of PaisabazaarBuying a home is more than a financial decision for most households in India. Along with a lifegoal, it is probably one of the biggest financial commitments they would make. Hence, the decision…
The firms are sharply increasing internship pay as they compete for a limited pool of engineers with strong mathematical, coding and problem-solving skills. High-frequency trading (HFT) firms in India are offering record compensation to interns as they compete for quantitative talent amid tighter derivatives regulations and slowing activity in the country’s equity markets.Gurgaon-based Quadeye is…
Hydrogen is being used because it is considered the cleanest fuel available today. India’s first hydrogen-powered train, flagged off last month by Prime Minister Narendra Modi, is achieving new milestones every day. According to the latest information from Indian Railways, the hydrogen train, which is also the world’s most powerful, has clocked around 6,000 kilometers…
Bank operations will vary state to state on Wednesday If you are planning to visit a bank branch on Wednesday, August 26, you may need to reschedule your visit depending on where you live. Bank branches in several cities will remain closed today for Id-E-Milad, Milad-un-Nabi and Thiruvonam, while branches in other parts of the…
The main event for gold this week is the Jackson Hole symposium from August 27–29, particularly Fed Chair Kevin Warsh’s speech on Friday. Gold price prediction today: Gold prices are showing a positive bias, and while short-term news related fluctuations may occur, the long-term outlook is bullish, says Vedika Narvekar, Research Analyst – Commodities &…