How gold, silver, platinum performed during the week ending on September 2, 2021

Gold prices remained stable because the US unemployment rates falling to a fresh pandemic low neutralised the surge in delta covid variant.

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Cryptocurrencies vs Fixed Deposits: The debate dominating drawing rooms in India

While some people are risk-takers, some are more traditional. Investment strategies are like food choices. It depends from individual to individual.

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Sebi asks investors to link PAN with Aadhaar by Sept end for smooth transactions

Failing to comply with this, a person's Permanent Account Number (PAN) card will become inoperative, which means incomplete Know Your Customer (KYC) details.

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Amazon Pay UPI records 5 crore customer sign-ups in India

"Our mission is to make paying for anything trusted, convenient and rewarding. We are excited by the rapid adoption of UPI, which now enables customers to do much more with their Amazon app beyond shopping," Mahendra Nerurkar, CEO and VP Amazon Pay, said.

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Crypto as commodity: What does it mean for you and the industry?

This would be the first time that the cryptocurrencies will be categorised as per the technology used by them, but the government’s focus would be based on the end use of the asset class for regulatory purposes.

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Govt plans to bring a bill, cryptocurrencies to be treated as commodity

Cryptocurrencies will be treated as an asset/commodity for all purposes, including taxation and as per user case — payments, investment or utility.

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India aims to open finance to millions with user-data system

Regulators agreed to allow banks, pension funds, tax authorities, insurers and other finance firms to pool together customer information -- once the user consents -- to make transactions smoother. If the system works, firms will be able access large amounts of data within seconds to assess the creditworthiness of a small business, recommend a wealth management product for an individual, or tailor an insurance policy for a family.

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Tread with caution and rebalance your portfolio, say mutual fund managers

The BSE Sensex crossed the historic 57,000 mark. After the initial gains, the market closed 214 points down at 57,338 yesterday.

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Confusion prevails over method to tax cryptocurrency gains

The big question that’s bothering everyone is how are the gains from crypto assets to be calculated?

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Atal Pension Yojana subscriber count cross 3.30 cr mark; 28 lakh new additions in FY22: PFRDA

The scheme was launched by Prime Minister Narendra Modi on May 9, 2015, primarily targeting those working in the unorganised sector. Any citizen having a savings account with a bank or post office in the age group of 18-40 years can join the scheme.

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Over half the world's population, four billion, doesn't have any social security, says ILO

Social protection includes access to health care and income security, particularly in relation to old age, unemployment, sickness, disability, work injury, maternity or loss of a main income earner, as well as for families with children. Currently, only 47% of the global population are effectively covered by at least one social protection benefit.

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Mirae Asset launches ETF that will invest in top 50 S&P 500 companies

While Mirae Asset S&P 500 Top 50 ETF will close on September 14, Mirae Asset S&P 500 Top 50 ETF Fund of Fund will close on September 15.

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Sebi asks AMCs to share info on risk, scheme performance in promotional material

Markets regulator Sebi on Tuesday directed asset management companies (AMCs) to disclose details of risk and performance of mutual fund schemes in all disclosures, including promotional material.

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