Best way to invest in gold

The current craze and euphoria around gold has been unprecedented. Indians suddenly seem to emerging as the best investors in gold, and the yellow metal is going through the roof. But have you also noticed that one of its major competitors, or should I say partner, has started to resurrect itself from deep negativity, and how! That’s silver for you. From the March low, here is the performance scorecard of gold v/s silver: This table clearly tells us that silver has managed to outperform gold from the Covid-19 correction. The white metal has managed to close at fresh quarterly high after almost four years, which by itself is a major feat. In fact, more than a feat, it’s a statement. What’s all the more intriguing for the silver chart is the “rare of rarest price pattern.” Silver has just formed a Double Flag Pattern. Flag patterns are generally supposed to be first stage of a bullish setup. If and when they form perfectly, it could be first signal of … [Read more...] about It’s not just gold that glitters: Knock, knock! Silver is spiking too

OK, so track pants aren’t technically ‘activewear’ but they’re definitely an isolation essential. If your favourites are looking a little worse for wear after these past few weeks, then maybe it’s time to add a new pair into the rotation. … [Read more...] about The best activewear pieces to add to your isolation wardrobe

NEW DELHI: Mahindra Group Chairman Anand Mahindra has invested $1 million (about Rs 7.5 crore) in Gurugram-based Hapramp -- a startup working on technologies like blockchain and social media. The startup was founded in 2018 by five students of Indian Institute of Information Technology-Vadodara. "Took 2 years, but I finally found the start-up I was looking for! @Hapramp is indigenous, built by 5 young founders & brings together a best-in-class combination of creativity, technology & data protection. Look out for @gosocial_app their social networking platform," Mahindra tweeted on Wednesday. In 2018, Mahindra had announced via Twitter a funding opportunity for an Indian social media startup that met certain criteria. He had asked ex-Mahindra executive, Jaspreet Bindra to work with him to find a next-gen Indian social network start-up. "The Hapramp team is building a Web 3.0 social network. It is built on emerging digital technologies, has a solid business model which rewards … [Read more...] about Anand Mahindra invests $1 mln in Gurugram-based startup Hapramp

These pavilions will carry out online investment promotion, as well as exhibitions and sales throughout the year, realizing "cloud exhibition", "cloud investment" and "cloud promotion". As a result, exhibitors and buyers from all over the world can talk about business and do trade without leaving home. … [Read more...] about China Lanzhou Investment and Trade Fair opens mostly online

Apollo Tyres has announced on Thursday the rollout of the first tyre from its Andhra Pradesh greenfield facility, which is the tyre manufacturer's seventh manufacturing unit globally, and the fifth one in India. Apollo Tyres has also announced that it will invest close to Rs 3,800 crores in Phase I of this greenfield facility.The facility is located in Chinnapanduru village in Chittoor district of Andhra Pradesh, spread over 256 acres. As the company says, its capacity will be ramped up gradually in the next 12–18 months, as demand improves. By 2022, the company aims this plant to have a capacity to produce 15,000 passenger car tyres and 3,000 truck-bus radials per day.Commenting on the commissioning of the facility, Onkar S Kanwar, Chairman, Apollo Tyres Ltd, said, “This ultra-modern facility is a reflection of our growth aspirations and manufacturing capabilities, showcasing some of the best practices available across the globe in tyre manufacturing. This highly automated … [Read more...] about Apollo Tyres to invest Rs 3,800 crore at Andhra Pradesh greenfield facility