Gold price prediction today: Where is gold rate headed in the near-term & will silver outperform the yellow metal? Here’s the outlook

Gold price prediction: Gold prices may see further consolidative moves trading in a tight range in near term. (AI image) Gold price prediction today: Gold prices will continue to be influenced by global economic outcomes in the shadow of US President Donald Trump’s looming August 1, 2025 reciprocal tariff deadline. What should gold and silver…

Read More

Indian Overseas Bank’s Hong Kong branch fined ₹9cr

Indian Overseas Bank (Image only for representation) CHENNAI: The Hong Kong Monetary Authority has imposed a penalty of HK$8.5 million (Rs 9.3 crore) on Indian Overseas Bank, Hong Kong branch (IOBHK) for contraventions of anti-money laundering and counter-terrorist financing ordinance (AMLO). It has pulled up the lender for “significant failure” to mitigate risks.Apart from IOB,…

Read More

GST lens on UPI pay may push small biz to cash: SBI

MUMBAI: An SBI report has cautioned that aggressive tax enforcement targeting small businesses could undermine the gains of formalisation under the GST. In a research note, the bank cautioned that such measures risk pushing informal players back into the cash economy. “A recent case from Karnataka illustrates this tension, where numerous small traders and shopkeepers…

Read More