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MUMBAI: The recent steep rise in the price of gold has catapulted the total estimated value of the yellow metal with Indian households to over $5 trillion, pegging it at about 125% of the country’s GDP. However, this massive gold purchase year after year “represents a conversion of financial savings (bank deposits) into physical assets….
From single-stock to inverse exchange-traded funds, firms have been marketing more complex strategies offering potentially monster gains to individual investors. However, the recent market volatility may be intensifying the risk of losses. Openinterest.Pro co-founder and chief strategist Mike Khouw warns when markets turn lower or swing sharply, these leveraged products can underperform the assets they…
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NEW DELHI: The National Medical Commission (NMC) has imposed a penalty of Rs 1 crore each on seven medical colleges across the country for failing to disclose the stipend paid to MBBS interns and postgraduate medical residents despite repeated directions.The action follows non-compliance with an earlier directive requiring all medical institutions to publicly disclose stipend…
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