Finance Companies Face Reduced Margins Because of Steep Decline in Gold Prices The companies offering finance options such as Gold Loans, are witnessing reduced collateral as a result of the dramatic reduction in the pricing of the precious metal A lot of the top financial companies have jumped into the gold loan segment in the… Read More »
Gold is one of the most important parts of an Indian’s life while it comes to glorifying any type of festival or occasion. It is a matter of concern for lots of Indian families now that gold price has surged continuously to such a point where it becomes difficult to buy gold. Perceiving the difficulty… Read More »
The gold loan business had been performing steadily and grown with a very fast pace in last few years. The current situation has changed a lot, and now it is a dying business for NBFC whereas banks have taken advantage of this situation. Suddenly, a break has been put on by the RBI on NBFC’s… Read More »
The gold loan business had been performing steadily and had grown at a very fast pace in last few years. The current situation has changed a lot, and now it is a dying business for an NBFC whereas banks have taken advantage of this situation. Suddenly, a break has been put on by the RBI… Read More »
Uncertainty in the global markets, slower recovery of developed economies, volatility in the stock market and sub-optimal economic policies across the countries has forced people to find safer havens for investment. This is where gold scores over other investment options. Not only people, but nations also repose their faith in gold. Gold has been making… Read More »
The Akshaya Tritiya is supposed to be one of the most auspicious days to buy gold. According to Indian belief, this day is blessed by the goddess of wealth and investment on this day would grow throughout the year. The jewelers and gold traders wait for this occasion to push up the sales.
Gold is one of the most influential financial instruments in the India. Banks, NBFCs and unorganized lenders are actively engaged in providing loans against gold value. The loan against value of gold has played a great role by providing liquidity for an idle asset kept in the lockers.
Gold is said to be the most-favored investment instrument in India. In year, 2011, India imported 969 tons of gold, which was much higher than the previous year. In every Indian wedding gold shares a major part of total bill and it is regarded as women’s most secured treasure. India’s main gold suppliers are Australia… Read More »
Investing in art is a good method for diversification. Since art prices do not depend on other possible components of a portfolio, they act as a cushion when other markets are not doing well. The aesthetic pleasure of viewing a great piece of art is a great advantage.
It is really important for an investor to first understand the economy and the financial systems prevalent in the market before he decides what to invest in. With the cost of crude oil having increased considerably per barrel, the Indian government has also acted by increasing the price of petrol and diesel severely. Other stocks… Read More »