Lenders check the purity of the gold. Then, the market value of your gold ornaments is calculated according to the market rate of gold on the day of the loan application. You can take up to 90 per cent of the value of the pledged gold. If you pledge gold ornaments, only gold portions are used for calculating the value; other metals, stones and gems are excluded from the calculations by the lender. … [Read more...] about What are the charges for gold loans, how is the value of ornaments calculated, which lenders are the best and other key questions answered
Win gold coin
Sovereign gold bonds (SGB): SGB is issued by the RBI in tranches through scheduled commercial banks, recognised stock exchanges, designated post offices, etc. The minimum and maximum investment allowed to each individual investor per financial year is 1 gram and 4 kg, respectively. In addition to the potential of capital appreciation, SGB investors also benefit in the form of interest of 2.50 per cent annually payable in half yearly rests. While the interest income is taxable as per the tax slab of the investor, any capital gains resulting from the redemption of SGB is tax-exempt. Indexation benefits are applicable on long term capital gains arising out of transfer of bonds to other individuals. Another major advantage of SGB is the ability to use it as a collateral for availing bank loans. … [Read more...] about What’s the best way to invest in gold now?
Gold prices started gaining post the March FED meeting when Yellen was less hawkish than expected, pitching for a gradual pace of rate hikes, versus investors expectations of rapid rate hikes. Fears about the European election, which later proved unfounded, also supported prices. Now the key metric that investors are watching are Oil prices, with a weekend meeting of OPEC to decide on the extension of the production cut going forward. Any move to repeal the production cut would quickly bring down Oil prices, bringing down the inflation outlook across the globe. This move will support Gold prices and see it move higher to test previous highs in the near term. However the more likely outcome, which would be the extension of the production cut, would see Oil prices move higher and stoke the risk on sentiment. Equities moving higher along with the Oil will likely lead to Gold prices into another correction from the current levels. … [Read more...] about Gold hovering close to a three week high
Business Wire IndiaOne of the world’s leading sports solutions companies, Sportz Interactive (SI) showcased an exciting array of digital innovations for Star Sports India on their digital platforms during the ICC Cricket World Cup 2015. These efforts led to top honours at the 6th India Digital Awards organised by Internet and Mobile Association of India (IAMAI) with a Gold for Best Viral Marketing Campaign and a Silver for Best Digital Integrated Campaign. Through the World Cup, SI innovated to help Star Sports deliver the highest engagement among brands on digital platforms. The activations ranged from serious to fun aiming to cater to every kind of cricket fan – while the trivia buff played #QUIZSTER, the stats fanatic took to collecting STAR Trump Cards. India and Pakistan cricket fans were enthusiastic about tweeting for their respective teams in a digital tug-of-war that was extended to an offline experience as well. The overall result was fantastic with a … [Read more...] about Sportz Interactive – Produced Innovations for the Cricket World Cup Bag Top Honours at 6th India Digital Awards 2015
Troubles crept into the Hockey India League (HIL), once touted as the biggest money spinner for the game. It did not see the light of the day from 2018 onwards. The biggest roadblock came from the franchisees, some of whom earned nothing. Hockey India said the tournament will return in 2019 in a five-player format but it has not happened. Players and officials across the world maintain that a 5-a-side tournament will kill the game. It’s Batra’s obsession that a five-a-side would be the T20 version of cricket. … [Read more...] about Hockey India, a poor cousin of BCCI, rocked by a cricket-like power struggle