The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs)Improving global economic outlook and profit booking, triggered by its rally to two months high during last week, pulled gold down by 2%. Silver (Rs)Silver was down by 2% because its increased industrial demand was offset by lower bullion demand. ($/troy ounce)Improving economic outlook helped platinum, which is more of an industrial commodity than bullion, to go up by 1%.…
Author: Miley Selena
In this week’s realty hot spot series, we feature a Gurgaon’s Southern peripheral road. This residential area hosts multiple completed and under construction apartment projects and is well connected to employment hubs. The property price range per sq. ft. in this locality is Rs 5,200-9,300. A 3-BHK, which is the property type that enjoys the maximum supply here, costs approximately Rs 1.33 crore on average. It comprises 1,890 sq. ft. area. Here are other highlights of the Southern peripheral road. Locality snapshot Multiple completed and under-construction apartment projects in this residential area Major office hubs of Sohna Road, Golf Course…
1. Demand and supply of gold is one of the main factors which determine the price 1of gold. 2. Gold is a hedging tool against inflation and hence price reacts to inflation numbers. 3. Interest rates have an inverse relationship with gold and typically, gold price drops when rates rise. 4. Currency fluctuations also influence gold price as gold is traded in USD in the international market and rupee dollar conversion impacts price. 5. Geopolitical factors causing crisis-like situations impact gold prices positively as gold acts as a safe haven and it outperforms other asset classes. (Content on this page…
Out on the edge you see all kinds of things you can’t see from the centre. Big, undreamed-of things — the people on the edge see them first.” Kurt Vonnegut, the writer, could have simply been describing your life now. In the last 12 months, you have been pushed to the edge at least once, either through a professional or personal crisis and have started seeing things differently. In the second wave of the pandemic, you worry about the next crisis that may strike your life. Here’s how you can deal with massive change in your career arising from that…
Vietnam’s Health Ministry is looking for passengers on two flights and clients of some services as as they are suspected to be exposed to coronavirus carriers. Contact the Ministry of Health at 1900.9095, Danang Center for Disease Control: 0905.108.844; Vinh Phuc Center for Disease Control: 0966.409.364; and Hanoi Center for Disease Control at 0969.082.115 or 0949.396.15. Visit Vietnam Insider’s homepage for more stories. The Ministry of Health has urgently sent messages to Hanoi city and Vinh Phuc province, searching for people who have high risk of SARS-CoV-2 virus infection. The Ministry of Health has sent urgent mass text messages asking…
The startup has five global pharmaceutical company customers, and more than 20,000 pharmacies in 22 different markets use its platform Visit Vietnam Insider’s homepage for more stories Pharmacy Online Concierge Pharma has secured $4.5 million in an equity financing round to digitize pharmacies in Vietnam. Based in Vietnam and Hong Kong, the platform helps stakeholders such as pharmacies, drug manufacturers, distributors, wholesalers, and consumers to digitally manage their interactions. It raised the money from Picus Capital of Germany, Goat Capital and FJ Labs that of the U.S., Febe Ventures 500 Startups Vietnam of Singapore, and several unnamed angel investors. It…
India posted a record daily rise of 401,993 new coronavirus cases on Saturday as the country opened up its massive vaccination drive to all adults, although several states warned of acute shortages. It was the first time India’s daily case count had topped 400,000 after 10 consecutive days over 300,000. Deaths from COVID-19 jumped by 3,523 over the past 24 hours, taking the total toll in India to 211,853, according to official data. The world’s biggest producer of COVID-19 vaccines has a limited number of shots available, worsening a grim second wave of infections that has overwhelmed hospitals and morgues…
The country’s largest lender, (SBI), announced on Saturday that it has reduced its home loan interest rates. Home loan interest rates will start from 6.7% onwards, with effect from May 1, 2021. According to a press release issued by the bank, home loan interest rates will start from 6.7% for loans up to Rs 30 lakh and 6.95% for loans above Rs 30 lakh and up to 75 lakh. The big-ticket loans above Rs 75 lakh would get home loans at 7.05%. Further, women will get a special 5 bps concession. “Customers can also apply for a loan from the…
Vietnam confirmed three new Covid-19 community transmissions in Hanoi and the northern province of Hung Yen Friday morning. The capital city administration has been implementing several prevention measures as a new Covid-19 case was recorded on Friday. Visit Vietnam Insider’s homepage for more stories. Hanoi authorities asked all bars, karaoke parlors, discotheques and game rooms to close from midnight April 30 amid fears of a new Covid-19 wave. Residents are required to continue to wear masks in public spaces and related local agencies have been asked to step up supervision and strictly punish illegal entrants. The capital city administration has…
Hi everyone and welcome to episode 120 of the ET Wealth Wisdom podcast I am Tania Jaleel The second wave continues to pummel the country and this time around it seems to not want to spare any one Cases counts are touching world-record highs on a daily basis, and the death count is on the rise as well There are horror stories of people running pillar to post to get hospital beds and oxygen, of people dieing outside waiting in line to get into hospitals In times like this, it is said that having adequate amount of insurance can cushion…