Gold Silver Reports – The Old Mutual Gold & Silver Fund, which manages $220 million of mostly precious metal equities, is jumping on the bitcoin wagon.
गोल्ड सेविंग स्कीम पर जीएसटी नियम बदला
Gold Silver Reports – Gold Saving Scheme – गोल्ड सेविंग स्कीम पर जीएसटी नियम बदला – ज्वेलर्स के यहां गोल्ड सेविंग्स स्कीम में हर महीने निवेश कर रहे हैं तो अब आपके लिए राहत की खबर है। ऐसी गोल्ड डिपॉजिट स्कीम्स पर अब हर महीने जीएसटी नहीं चुकाना पड़ेगा। इसकी जगह अब स्कीम पूरी होने के बाद या स्कीम बंद करते समय 3 फीसदी जीएसटी चुकाना होगा। जीएसटी काउंसिल का कहना है कि 3 फीसदी जीएसटी तभी लगेगा जब फाइनल बिल बनेगा।
Rupee Opens Higher Against US Dollar
Gold Silver Reports – Rupee Opens Higher Against US Dollar – The Indian rupee on Wednesday strengthened against the US dollar tracking gains in the local equity and Asian currencies market.
Company Earnings Estimates Continue to be cut after September Quarter Results
Gold Silver Reports – Company Earnings Estimates Continue to be cut after September Quarter Results – Corporate earnings for the September quarter were largely a mixed bag. Among key sectors, consumer-focused companies were aided by restocking post goods and services tax (GST) roll out and an early festival season, but index heavy-weight banks lagged, impacted by higher-than-expected provisioning.
Venture Capital Firms Struggle to Justify Large Funds as Deals Dry Up
Gold Silver Reports – Most of India’s top venture capital firms raised successively large funds in 2015 and 2016, betting on what looked like an internet gold mine then. After the slowdown in the growth of the consumer internet business since the start of 2016, venture capital firms are struggling to justify the large funds they raised.
Yellen Says She’ll Leave Fed Once Powell Is Sworn In as Chairman
Gold Silver Reports – Federal Reserve Chair Janet Yellen said she will step down from its Board of Governors once her successor is sworn into the office, widening the scope for President Donald Trump to shape the U.S. central bank’s leadership for years to come.
Bitcoin Soars Past $8,000
Gold Silver Reports – Bitcoin rose as much as 7.7 percent to a record $8,290 as of 2:47 p.m. in New York. It’s been a tumultuous year for the virtual currency, with three separate slumps of more than 25 percent all giving way to subsequent rallies.