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Sunday, September 6, 2026

Rs 1 lakh gold investment becomes Rs 3.28 lakh in 5 years: 228% return plus interest

The Reserve Bank of India (RBI) has announced the premature redemption price for the SGB 2021-22 Series VI, which was issued on September 7, 2021. In a statement, the RBI has said that investors in this gold bond series will be able to exercise the premature redemption option from September 7, 2026.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/vLh13P5

Saturday, September 5, 2026

FPIs turn sellers again, pull out Rs 7,443 crore from Indian equities in first week of September

In early September, foreign portfolio investors pulled out Rs 7,443 crore from Indian equities after experiencing two months of net investments. This retreat was influenced by soaring crude oil prices and stable US bond yields, which dampened investor enthusiasm. Additionally, foreign entities maintained their selling spree in the Indian debt market. Future FPI movements will likely be determined by global factors such as bond yields and inflation statistics.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/d86saAw

Europe is moving its gold out of America; where is it headed

In a strategic maneuver amidst rising global tensions, the Netherlands has transferred part of its gold reserves to London, seeking more immediate access in times of crisis. The Dutch central bank cites London as a hub for the most liquid gold trading. This shift underscores a larger trend among central banks worldwide, which have been diversifying their gold holdings following the aftermath of the financial crisis.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/x9eA6c4

Thursday, September 3, 2026

Wednesday, September 2, 2026

Oil price today: Crude continues to trade beyond $95 per barrel

Oil prices took a minor dip on Thursday following a turbulent trading day. Investors are closely monitoring the repercussions of the US-Iran strikes on oil supply lines. Activity in the Strait of Hormuz is currently lower than average. This disruption fosters worries regarding global oil availability and possible price hikes as countries explore alternative sources while depending on diminishing reserves.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Drgbp07

Rs 1 lakh gold investment becomes Rs 3.28 lakh in 5 years: 228% return plus interest

The Reserve Bank of India (RBI) has announced the premature redemption price for the SGB 2021-22 Series VI, which was issued on September 7,...