As an investor, the virtue of patience is probably the most important trait in times like these, when uncertainties and volatilities characterise the market. It is a way people earn additional money throughout a decade or over several decades, which would be more than just holding their money in a savings account. Despite the fact
Gold has a rich history as a prized asset for investors, particularly during periods of economic instability. Currently, the price of 22-karat gold in India is ₹6,565 per gram, while 24-karat gold, also known as 999 gold, is priced at ₹7,162 per gram. Here’s why gold is considered a prudent investment: Protection against inflation: As
CI GAM to significantly reduce fees on two Canadian bond ETFs TORONTO, March 19, 2024–(BUSINESS WIRE)–CI Global Asset Management (“CI GAM”) announces that it has received the required securityholder approval of several proposed changes to its product lineup, including the merger of eight mutual funds and exchange-traded funds into other mandates and changes to the
In its December meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the repo rate at 6.5 per cent, extending a streak of five consecutive meetings with no changes. This decision, as anticipated by analysts, underscores the MPC’s prudent strategy of carefully managing inflationary concerns while concurrently fostering