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"The year 2021 revalidated the strength of conventional wisdom about gold and holds several lessons in revival that will shape policy thinking for years to come," WGC Regional CEO, India, Somasundaram PR told PTI.

The last quarter of 2021 witnessed 31 per cent growth in gold bar and coin demand to an 8-year high of 1,180 tonnes as retail investors sought a safe haven on the back of rising inflation and ongoing economic uncertainty caused by the pandemic, it noted.

More people need to benefit by participating in the equity markets. The government needs to consider every possible way to encourage the ordinary citizens of India to participate in investing directly or indirectly in equity markets

Shares of digital-asset marketplace Bakkt Holdings Inc. have dropped to all-time lows, wiping out about $10 billion in market value since reaching a record high following the firm’s much-touted public market debut in October.

The government has announced that it will be divesting from many public sector banks. The government wants to keep just a few ‘strategic’ banks with it. Any divestment will lead to rerating of PSU bank stocks

Hackers have stolen cryptocurrency worth $80 million from Qubit Finance, a decentralised finance (DeFi) platform, and the company is now begging hackers to return the stolen cryptocurrency. The value of cryptocurrency stolen makes this the largest hack of 2022 to date.

The average number of stocks hitting their 52-week lows in the five preceding trading sessions rose to 56 as opposed to merely 19 for the rest of this month

The S&P 500 has dropped over 9% so far in 2022, while the tech-heavy Nasdaq stands in correction territory after a nearly 15% fall. The market sank again this week after the Federal Reserve signaled it is likely to raise U.S. interest rates in March before shrinking its balance sheet later in the year.

He said Airtel’s pact to make handsets more affordable in a tie up with Google and handset makers has no exclusivity element to it. Airtel will not make handsets or offer subsidies but will make them affordable through lending programmes targeting feature phone customers, and other elements, he said.

Tata Sons on Thursday availed of a Rs 10,000-crore loan from SBI and a Rs 5,000-crore loan from BoB, people aware of the matter said. The loans are unrated, unsecured, and pegged at 4.25% [interest rate] annually, the person said.