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Gold seems well positioned to move toward the 175,000 level in the coming sessions. (AI image) Gold and silver price prediction: Gold prices are showing strong bullish momentum, while silver prices too have a positive bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold and…
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MUMBAI: Adani Group, India’s fifth-largest conglomerate by market value, intends to bid for nearly a dozen airports slated for privatisation as part of its Rs 1-lakh-crore investment plan for aviation infrastructure over the next five years. Earlier this year, govt announced plans to lease out 11 airports, including those in Amritsar and Varanasi.“Out of the…
Wells Fargo (WFC), one of the largest U.S. banks overseeing $1.7 trillion in assets, has filed a trademark application for a new digital asset-focused platform branded as WFUSD, signaling that the bank is pushing deeper into crypto and blockchain. According to a Tuesday filing for the United States Patent and Trademark Office (USPTO), WFUSD would…
A key technical indicator is flashing a signal that marked the slowdown in the bitcoin BTC$90,023.17 downtrend in February. The 14-day relative strength index (RSI) — a widely followed measure of price momentum — has dipped below 30, signaling an oversold condition. This means BTC’s ongoing slide has been sharp enough to invite a pause…
NEW DELHI: The new income tax rules are expected to make life less taxing for taxpayers by reducing the number of forms and rules and doing away with several declarations that you are required to make under the 1962 Act, which will be replaced by the new law from April. To make life simpler for…
Circle Internet Group (CRCL), issuer of the world’s second-largest stablecoin USDC, reported third-quarter net income of $214 million, a year-over-year increase of 202%, on Wednesday. Earnings per share (EPS) rose to $0.64, beating expectations of $0.22. Total revenue and reserve income more than doubled to $740 million The New York City-based company reported earnings before…
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