In a major immigration reform move, US President Donald Trump has proposed a new visa scheme that offers a 'gold card' residency permit to foreigners willing to invest $5 million in the United States. This initiative aims to attract “brilliant, hardworking, job-creating people” while generating significant government revenue to balance the federal budget. Described as “like the green car

In a recent statement, US Vice President JD Vance asserted that green card holders in the United States do not possess an indefinite right to remain in the country and can face deportation at the administration's discretion. His remarks come as US President Donald Trump continues to push for the controversial 'Trump Gold Card', a new investor visa program allowing foreigners to obtain US citizenship by investing $5 million in the country. The remarks were made during an interview

The Directorate of Revenue Intelligence (DRI) has arrested Kannada actor Ranya Rao in connection with a ₹12.56 crore gold smuggling case. According to the DRI’s arrest memo, Ranya attempted to smuggle 14.2 kg of 24-karat gold into India, concealing it in her clothing, shoes, and pockets to evade customs duty. The DRI’s memo outlines that Ranya Rao was intercepted on March 3, 2025, at Kempegowda International Airport (KIAL) in Bengaluru while arriving from Dubai on Emirates Fligh

Fixed deposits have long been considered a safe and reliable investment option in India, particularly among conservative investors. However, declining interest rates and rising inflation have made it increasingly difficult for FDs to offer returns that outpace the rising cost of living. With the Reserve Bank of India (RBI) reducing the repo rate, banks have responded by lowering FD rates, prompting investors to explore other options that provide higher returns while maintaining financial secu

Choosing between a fixed and floating interest rate for a home loan is a crucial financial decision. Both options come with advantages and risks, and selecting the best one depends on your financial goals, market trends, and risk appetite. A fixed rate offers stability, while a floating rate provides flexibility and potential savings. Understanding the differences between these loan types will help you make an informed decision based on your repayment capacity and future market expectations.

With rising inflation and uncertain economic conditions, traditional savings methods like bank accounts and fixed deposits may no longer be enough to grow wealth. As a result, investors are increasingly looking at stocks, gold, and real estate as viable alternatives to secure their financial future.But which investment is the best choice in 2024? Let’s analyze each option using historical data, expert insights, and current market trends.   Real Estate: Sta

Former US President Donald Trump has announced a significant shift in US immigration policy, introducing the ‘Gold Card’ visa program, which allows Indian graduates from US universities to secure jobs and eventually gain citizenship. This move is seen as a major boost for international students, particularly those from India, who have often struggled with restrictive visa policies despite their high qualifications.   The ‘Gold Card’ initiative, un

Indian stock markets experienced a significant fall in early trade on Monday, even though the Reserve Bank of India (RBI) announced a rate cut and the Bharatiya Janata Party (BJP) emerged victorious in the Delhi Assembly elections. The benchmark indices opened lower and continued to decline amid growing selling pressure. The BSE Sensex lost over 600 points, while the NSE Nifty dropped nearly 200 points.   The Sensex hit a low of 77,189.04, down from the previous session&

The Indian badminton contingent, featuring top players such as PV Sindhu and Lakshya Sen, is gearing up for the 2023 Badminton Asia Mixed Team Championships. To help sharpen their skills ahead of the prestigious competition, they will take part in a five-day preparatory camp, starting Tuesday in Guwahati. The team is determined to surpass their previous bronze medal finish from the 2023 event and aim for an improved result in the championships set to take place in Qingdao, China, from Februar

Gold prices in Delhi hit an all-time high of Rs 83,750 per 10 gram on Wednesday, marking a significant rise of Rs 910 from the previous trading session. The surge was attributed to increased demand from jewellers and retailers. The 99.9% purity gold, which had closed at Rs 82,840 per 10 gram on the previous day, experienced a sharp rise, continuing its upward momentum seen earlier this year. From January 1, gold has jumped Rs 4,360 or 5.5%, reflecting a steady demand for the precious metal.

 Gold futures on the Multi Commodity Exchange (MCX) have surged to an all-time high, climbing 0.43% from Thursday's rates, reaching Rs 79,970 for contracts expiring on February 5, 2025. The precious metal has seen an upward trajectory this week, following a climb in spot prices which also touched record highs. As of 6:50 a.m. on Friday, gold's spot price in India stood at Rs 79,980 per 10 grams, according to the India Bullion Association. Despite the earlier rise, prices cooled o

Gold prices saw an increase of Rs 250, reaching Rs 80,550 per 10 grams in the national capital on Friday. This rise in prices was driven by continuous demand from retailers and stockists, as well as the weakening of the Indian rupee, which hit a record low. The previous day, gold had been priced at Rs 80,300 per 10 grams, according to the All-India Sarafa Association. Silver prices, however, remained unchanged at Rs 93,000 per kg. Gold of 99.5% purity continued its upward trajectory

In 2024, the wedding industry in India has seen a resurgence in spending after the lull caused by the pandemic, with metropolitan cities driving a significant increase in demand for wedding services. Wedding budgets have grown by 6.7%, with the average expenditure reaching Rs 35.6 lakh. As wedding costs rise, so has the demand for gold and jewelry, especially due to the soaring prices of gold, which have increased from Rs 63,500 to Rs 80,000 per 10 grams. Destination weddings, which

India, having recently surpassed China as the world's most populous country, faces a significant demographic challenge. Fertility rates have dramatically declined across the country, especially in southern states like Tamil Nadu and Andhra Pradesh, where rates have fallen below the replacement level of two children per woman. This poses a dual challenge: the southern states worry about the implications for political representation and federal revenues, as population shifts could reduce th

At Chennai Airport, an Air India cabin crew member was arrested for helping a passenger smuggle 1.7 kg of gold. The incident occurred when the flight from Dubai landed on Sunday. Customs officials intercepted the passenger and the crew member after the passenger admitted to handing over the gold during the flight. Upon searching the crew member, officials found the gold concealed in the undergarments, l

As of 6:50 a.m. today, gold prices stood at Rs 77,170 per 10 grams, according to the India Bullion Association. This represents a slight dip from the highs seen on Monday when prices had briefly climbed after falling from Rs 79,100 on Friday. The price of gold had reached its highest level for the month on December 11 before experiencing a drop of over Rs 1,000 on Monday. Compared to November's peak of Rs 78,060 on Nov. 23, the current price of gold reflects the ongoing volatility in the

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

Gold has experienced a remarkable rise in 2024, reaching 40 new record highs year-to-date and appreciating by over 28%. According to the World Gold Council (WGC), this surge has made gold the best-performing asset class globally, surpassing US stocks, emerging market stocks, US bonds, and even US currency. In the third quarter of 2024, gold demand exceeded $100 billion for the first time, showcasing its robust market position. Looking ahead to 2025, the direction of the US Federal R

On Thursday, the Indian Rupee weakened to a record low of 84.88 against the US Dollar, following a series of declines this week. The rupee had opened flat at 84.85 for the second consecutive day, and this followed a similar trend on Wednesday when it closed at 84.84 after opening at 84.85. Earlier in the week, the rupee had weakened by 12 paise on Tuesday to close at 84.85, marking a new low. The domestic currency dipped to 84.73 on Monday, continuing its downward trajectory. Expert

The Coin’s Significance and Auction Details: A remarkable piece of history, the Roman gold aureus bearing the image of Marcus Junius Brutus, one of the assassins of Julius Caesar, is set to be auctioned in Geneva on Monday. This rare coin is expected to fetch over a million Swiss francs, with the starting bid set at 750,000 francs (approximately $852,000). Considered a numismatic treasure, the coi