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Gold prices breached the ₹1.11 lakh per 10 grams by jumping ₹799 in the domestic futures market on Monday (September 22, 2025) tracking strong global cues as investors looked ahead to key U.S. inflation data and comments from several Federal Reserve officials this week for further policy guidance. On the Multi Commodity Exchange (MCX), gold…
Image used for representation purpose only. | Photo Credit: Reuters IT stocks dropped in morning trade on Monday (September 22, 2025), with Tech Mahindra tumbling over 6%, amid concerns over the steep hike in US H-1B visa fees. Shares of Tech Mahindra tumbled 6.45%, LTI Mindtree slumped 5.61%t, Persistent Systems dropped 5.51%, Hexaware Technologies tanked…
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Foreign Institutional Investors bought equities worth ₹390.74 crore on a net basis on September 19, 2025, according to exchange data. File | Photo Credit: Reuters The rupee witnessed range-bound trading in morning deals on Monday (September 22, 2025) and depreciated 5 paise to 88.21 against the U.S. dollar, as the strength of the American currency in…
Read More “Rupee falls 5 paise to 88.21 against U.S. dollar in early trade” »
Sun Pharma, Bharat Electronics, Axis Bank and Tata Steel were also among the laggards. File | Photo Credit: ANI Equity benchmark indices Sensex and Nifty dropped in early trade on Monday (September 22, 2025), dragged by IT stocks amid concerns over the U.S. President Donald Trump’s decision to raise H-1B visa fees to $100,000 per worker….
In India, direct out-of-pocket expenditure (OOPE) by households is the main source of financing for health care. In an OOPE-based system, when a family member falls ill, we either dip into our savings, sell assets, or borrow to meet health-care expenditures. If one is poor, the option is either to forgo care and die or…
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Q: While reading articles about mutual funds, I often come across the terms ‘realised gains’ and ‘unrealised gains.’ What do they mean and how are they different? Further, why does it matter whether gains are realised or unrealised? V. Mangala A At first glance, the terms ‘realised gains’ and ‘unrealised gains’ may sound like financial…
Prices of kitchen staples to electronics, from medicines and equipment to automobiles, will get cheaper from Monday (September 22, 2025) as the reduced Goods and Services Tax (GST) rates on about 375 items come into effect. In a bonanza to consumers, the GST Council, comprising Centre and States, has decided to reduce tax rates on…
In the early days, hospitalisation meant paying the bill in cash, filing claims with discharge summaries and bills and waiting for insurer to decide if the treatment was covered. Even if approved, deductions for sub-limits, uncovered expenses or treatments deemed “unnecessary” meant the insured rarely got the full amount. The process often forced families into…
We are all used to the concept of price correction, which is the price of a stock or index correcting downward, say by 10% in a relatively short span of time or by 30% in some time. In this context, ‘correction’ means the price had moved up more than justified or moved up too fast,…
Read More “Equities over last one year: a case of time correction” »
In 2002, Yuan Taur, a professor at the University of California, San Diego, who by then was already a doyen in electrical engineering circles, asked a master’s degree student from India, Anuj Grover, to stay on and do a PhD under his supervision. It was a major opportunity — Grover would be working on device…