Personal Finance - Angel One - Page 167

Gold prices fluctuated between gains and losses in the domestic futures market on October 23, 2024 morning, due to a stronger US dollar and rising bond yields. Despite this, MCX Gold for December 5 expiry delivery reached a new record high of ₹78,755 per 10 grams, trading at that level around 10:10 am. Uncertainty around …

Gold and silver prices have reached new heights, driven by a confluence of global events, economic uncertainty, and heightened investor demand. In India, gold prices touched a historic peak of ₹80,650 per 10 grams on Monday (October 21), while silver surpassed ₹99,000 per kg in the national capital. This unprecedented surge has prompted investors to …

Digital gold means owning gold in a digital format instead of having physical bars or coins. You can manage it on your phone or computer and buy or sell it using apps or platforms from banks or tech companies. You can even purchase small amounts of gold, making it accessible to everyone. Just be sure …

The Bombay Stock Exchange (BSE) has launched World Investor Week (WIW) 2024, a global initiative aimed at enhancing financial literacy and promoting responsible investing practices. The event, which runs from October 14 to 20, 2024, is being observed in India under the leadership of the Securities and Exchange Board of India (SEBI) and other Market …

The recent changes to the National Pension Scheme (NPS) bring positive news for central government retirees. Let’s explore the new changes in detail, which include an increased government contribution, leading to a bigger pension and a more secure post-retirement life. The New NPS Rules In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman introduced important …

Dussehra, the festival that symbolises the triumph of good over evil, is a powerful reminder of the importance of eliminating the negative forces in our lives. As Ravana’s statue burns, it marks the end of evil, and similarly, we can symbolically burn away our financial vices. This Dussehra, it’s time to confront your financial demons, …

This blog draws parallels between the nine nights of Navratri and key financial lessons, from resilience and knowledge to perseverance and balance, to inspire financial planning and decision-making. Navratri is a time of joy, celebration, and deep spiritual significance. It marks nine nights dedicated to honouring the divine feminine. Each night is associated with a …

An Asset Management Company (AMC) is an excellent option if you are looking for someone to manage your investments. An AMC invests funds gathered from clients through pooled structures such as mutual funds, index funds, and ETFs, which are managed in a single centralized portfolio. AMCs manage your money and hence, are rightly referred to …

Welcome VISHVASYA, the new Blockchain-as-a-Service (BaaS) Blockchain Technology Stack that offers geographically distributed infrastructure. It is seen as one of the most significant innovations in the fintech industry and digital technology powered service industry after UPI and other digital payment gateway that has become an integral part of our daily life. The new service has …

The Bank for International Settlements (BIS), the international financial institution owned by global member central banks, had conducted a survey on central bank digital currencies (CBDCs), and here are the key findings that show that 94% of surveyed central banks are exploring CBDCs, compared to 90% in 20211. This indicates a growing interest in CBDCs …