EASE OF LIVING INDEX 2020
![Trump's Raised Fist: What the gesture means which is widely used by fascists, socialists, and communists](https://img.etimg.com/thumb/msid-111725842,width-100,height-75,resizemode-4/news/international/world-news/trumps-raised-fist-what-the-gesture-means-which-is-widely-used-by-fascists-socialists-and-communists.jpg)
Trump's Raised Fist: What the gesture means which is widely used by fascists, socialists, and communists
Former President Donald Trump has been using the raised fist gesture for decades, including during his indictment in April 2023 and during a campaign stop in Detroit. The gesture has been associated with various groups, including fascists, socialists, communists, Black Power advocates, and golfer Tiger Woods. In the early 20th century, it was associated with socialism, communism, and labor unions. In the 1960s, it became associated with the Black Power movement, and after the 2014 protests in Ferguson and the 2020 murder of George Floyd, it became a potent symbol of Black Lives Matter protesters.
![Oil rises on cooling US inflation, strong summer demand](https://img.etimg.com/thumb/msid-111674820,width-100,height-75,resizemode-4/markets/commodities/news/oil-rises-on-cooling-us-inflation-strong-summer-demand.jpg)
Oil rises on cooling US inflation, strong summer demand
Oil prices rose Friday amid strong summer demand and easing U.S. inflation. Brent futures rose 0.4% to $85.77, and WTI rose 0.6% to $83.12. U.S. gasoline demand hit 9.4 million bpd for the week of July 5. US refiners drew from stocks. Falling consumer prices boosted sentiment; WTI futures tight. ANZ’s Daniel Hynes noted the weaker dollar.
![Flying high! Tourism stocks rebound up to 4,721% from Covid lows](https://img.etimg.com/thumb/msid-111505650,width-100,height-75,resizemode-4/markets/stocks/news/not-less-than-a-pilgrimage-tourism-stocks-deliver-up-to-4721-returns-from-covid-lockdown-date.jpg)
Flying high! Tourism stocks rebound up to 4,721% from Covid lows
Shares of BLS International Services and other top tourism stocks have seen remarkable growth post-lockdown, with returns ranging from 1,222% to 4,721%. The newly launched Nifty Tourism index tracks 17 constituents, offering investors a diversified approach to the booming tourism sector.
![India’s long bonds have become a crowded trade, Edelweiss warns](https://img.etimg.com/thumb/msid-111450606,width-100,height-75,resizemode-4/markets/bonds/indias-long-bonds-have-become-a-crowded-trade-edelweiss-warns.jpg)
India’s long bonds have become a crowded trade, Edelweiss warns
Edelweiss Government Securities Fund excels in performance, positioning itself as a market leader. Foreign investors' sustained involvement in Indian sovereign bonds is still uncertain, impacting market dynamics.
![Gold Price Today: Yellow metal prices rise by Rs 700 this week, silver at Rs 91,420/kg](https://img.etimg.com/thumb/msid-111159227,width-100,height-75,resizemode-4/markets/commodities/news/gold-price-today-yellow-metal-prices-rise-by-rs-700-this-week-silver-at-rs-91420/kg.jpg)
Gold Price Today: Yellow metal prices rise by Rs 700 this week, silver at Rs 91,420/kg
MCX August futures for gold started the week at Rs 72,693 per 10 grams, marking a gain of Rs 720 (1%). Meanwhile, MCX July futures for silver opened at Rs 91,420/kg, increasing by Rs 2,300 (2.6%) over the week.
![UK inflation falls to Bank of England's 2% target rate for first time in nearly 3 years](https://img.etimg.com/thumb/msid-111106067,width-100,height-75,resizemode-4/news/international/business/uk-inflation-falls-to-bank-of-englands-2-target-rate-for-first-time-in-nearly-3-years.jpg)
UK inflation falls to Bank of England's 2% target rate for first time in nearly 3 years
Inflation in the U.K. has returned to the Bank of England's target rate of 2% after nearly three years. The official figures showed a decrease from 2.3% to 2% in the year to May, mainly driven by lower food prices. The governing Conservative Party views this as evidence of their successful economic plan ahead of the July 4 election. The opposition Labour Party highlighted concerns over rising mortgage rates and high taxes. Despite the decline, the Bank of England is unlikely to cut interest rates from 5.25%.
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Gold Price Today: Yellow metal opens at Rs 71,650 per 10 grams, Silver at Rs 89,152/kg
Gold and silver prices rebounded from recent lows, supported by bargain hunting at lower levels, amid slightly positive trends in both domestic and international markets. Bullion prices have surged approximately 13% so far this year, reaching record highs.
EPFO undertakes multiple systemic reforms to enhance ease of doing business; improve ease of living
EPFO rules: At a review meeting, chaired by labour secretary Sumita Dawra, EPFO said the number of auto transfers generated by the retirement fund body has increased threefold from two lakh in April 2024 to six lakh in May 2024 while more than 25 lakh advance claims have been settled on auto mode.
Gold Price Today: Yellow metal prices fall by Rs 3,400/10 grams in 20 days; silver drops Rs 6,000/kg
Gold prices on MCX fell by Rs 3,400 in 20 days, opening at Rs 71,012 per 10 grams. Silver contracts on MCX also dropped sharply. The decline was triggered by a strong US jobs report impacting the USD and Federal Reserve decisions.
Tackling plastic pollution: A call to action for India
Plastic pollution has reached alarming levels, causing devastating consequences for the environment. From clogging waterways to threatening marine life, the pervasive presence of plastic waste demands immediate action.
Gold Rate Today: Yellow metal slips below Rs 71,300/10 grams, silver declines Rs 1370/-Kg
Gold prices declined on Monday as traders awaited further U.S. economic data following recent indications of stabilized inflation, raising expectations for a potential interest rate cut by the Federal Reserve later in the year.
Spending at ease in retirement: Follow these 5 rules to grow your savings at all times
The fear that the retirement corpus will not be enough comes primarily from it being small. It is also stoked by how the corpus is invested. The conservative mistake of earning years is repeated in retirement. The money is invested in debt products and income earning assets. Many retirees believe that equity investing will put their lifetime savings at risk.
Dow tops 40,000, Biden trolls Trump in split-screen video
The state of the U.S. economy looms as one of the larger factors weighing on the Democratic president's bid for reelection. Persistently high prices have hindered Biden's efforts to win credit from voters for his handling of the economy, although inflation in recent months has been easing.
Two Chinese megacities lift home purchase curbs to attract buyers
Hangzhou and Xian lifted home purchase limits to revive the real estate market impacted by the pandemic and borrowing rules. The move aims to attract buyers and support the sector, following a decline in prices.
Gold Price Today: Yellow metal rises to Rs 70,876/10 grams, silver at Rs 81,785/kg
Gold Price Today: Gold prices firmed on Monday as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East boosted the allure of the non-yielding bullion.
Gold Price Today: Yellow metal opens at Rs 70,634 per 10 grams; Silver at 81,319/kg
Gold Price Today: Amid easing Middle East tensions, safe haven buying in bullion seems to be diminishing as gold prices on MCX for June futures contracts fell by Rs 102 or 0.14% on Friday to trade at Rs 70,634 per 10 grams while MCX July silver contracts were down by Rs 44 or 0.05% to Rs 81,319 per kg.
Gold Price Today: Yellow metal opens above Rs 71,000/10 grams, while silver at Rs 81,351/kg
Gold prices increased as the Federal Reserve indicated a less aggressive stance on interest rate hikes, leading to lower U.S. treasury yields and a weaker dollar. The softening dollar, coupled with market speculation about Japan intervening to support the yen, further helped boost gold prices.
Food prices to ease post-June as above normal monsoon predicted in India
The Indian government anticipates a decrease in food prices following forecasts of above-normal monsoon rains by the India Meteorological Department (IMD), as stated in the finance ministry's recent monthly economic review. The report highlights expectations of increased crop production due to favorable rainfall.
Gold prices today: Yellow metal opens above Rs 71,000/10 grams; silver at Rs 80,933/kg
Gold prices were slightly down in recent trading, and market participants are now looking forward to more inflation data expected to come out soon.
Gold Prices Today: Yellow metal falls below Rs 71,000/10 grams; silver opens at Rs 80,000/kg
Gold June futures contracts on Thursday fell Rs 352 or 0.05% to open at Rs 70,700, while Silver May contracts opened at Rs 80,046, 0.56% or Rs 451 lower.
Investing in Healthcare Index Funds or ETFs for Future Financial Security
"A number of factors confluence to make India a pharmaceutical powerhouse, some of them being the regulatory framework, lower production costs, and the skilled pool of manpower comprising scientists, researchers, engineers and professionals," said Chintan Haria.
Gold Price Today: Whopping gains! Yellow metal dearer by over Rs 5000/10 grams in 2024 so far. Should you buy it?
The MCX June gold futures were trading at Rs 68,644 per 10 grams around 9:10 am, rising Rs 313 or 0.46% while May silver futures were trading at Rs 76,076 per kg, higher by Rs 544 or 0.72%.
Strong Start to FY25: Sensex rallies 363 points, boosting investor wealth by 6 lakh crore
From the Sensex pack, JSW Steel and Tata Steel were the top gainers, rising over 4% each. UltraTech Cement, NTPC, L&T, HDFC Bank, and Power Grid also closed with gains, while Titan, Nestle India, Bharti Airtel, and IndusInd Bank ended with cuts.
Excessively high rents are a major burden for immigrants in US cities
High rents in the U.S. disproportionately affect immigrants, hindering their access to education and healthcare. Nashville faces rent challenges due to gentrification and lack of affordable housing. Immigrants play a crucial role in the economy, emphasizing the need for housing support.
All-tolerant Powell sends Wall Street into a buying frenzy
Wall Street debates Federal Reserve policy on asset prices. Traders allocate funds across markets. ETFs attract $374 billion during an unprecedented equity rally. S&P 500 surges 27%. Marketfield Asset Management criticizes inflation goal progress.
World Happiness Report 2024: Here are the happiest countries of the world, where does India rank?
The UN World Happiness Report for this year reaffirms Finland's position as the world's happiest country for the seventh consecutive year, with Nordic nations like Denmark, Iceland, and Sweden following suit. Conversely, Afghanistan remains at the bottom of the happiness index due to ongoing crises. The United States and Germany have dropped below the top 20 happiest nations, while Costa Rica and Kuwait have entered the top 20.
Nvidia eases as investors look out for details on new AI chip
Nvidia shares dipped on Tuesday after having more than tripled in value in the past year, as investors awaited more details on the company's latest AI chip that is expected to further cement its lead in the industry.
Gold Price Today: Yellow metal falls over Rs 100/10 gram. Should you buy on dips?
Taking cues from the international prices, MCX April gold futures were trading at Rs 62,229 per 10 gm, down by Rs 116 or 0.19% while the March silver contracts were trading at Rs 70,130 per kg, higher by Rs 349 or 0.50%.
Fed policymakers signal no rush to cut US interest rates
U.S. central bankers want to hold off on cutting interest rates until they have more confidence that inflation is headed down to 2%, and on Wednesday gave a range of reasons for feeling little urgency to start easing policy soon or to move quickly once they do.
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