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Buying gold: Government trashes report saying KYC documents needed for purchase of gold below Rs 10 lakh
The government has trashed a media report which stated that KYC will be required for any purchase of gold and silver. The government has reiterated that jewellery purchases of above Rs 10 lakh only need to furnish KYC. New Gold Policy The government has reportedly been planning to introduce a gold policy to develop it […]
Money9January 8, 2021/12:18 PM IST -
State Bank of India announces up to 30 bps concession on home loans rates
Mumbai: State Bank of India on Friday announced interest concession of up to 30 basis points on home loans and 100 percent waiver on processing fees. The new rates are linked to CIBIL score and start from 6.80 percent for loans up to Rs 30 lakh and 6.95 percent for loans above Rs 30 lakh. […]
Press Trust of IndiaJanuary 8, 2021/10:17 AM IST -
Risk and reward – Two sides of the bitcoin
Bitcoin surpassed the $35,000 mark, creating a new record on Wednesday. Investors who may have entered at $9,000 levels in June-July 2020 have seen over 300% returns in just about six months. Like other assets, the price of cryptocurrencies rise with increase in demand. What makes Bitcoin more price-volatile is the fact that it has […]
Sushant BhansaliJanuary 6, 2021/2:27 PM IST
