Gold, though seen as a safe-haven, carries notable risk with high volatility and drawdowns. Over 15 years, equities outperformed gold, but gold's negative correlation with equities supports diversification. Experts suggest a balanced portfolio with 1020% gold allocation to manage risk and enhance long-term returns.
Shares of Hindustan Aeronautics (HAL), Garden Reach Shipbuilders & Engineers (GRSE), Data Patterns, Cochin Shipyard, and others saw declines of up to 5.2% during the session. GRSE led the losses with a drop of 5.2%, followed by Data Patterns (-4.5%) and HAL (-3.1%).
There is absolutely no question about the future of the bank. However, it is a good important lesson for all the financial institutions and the bank has certainly suffered. It suffered a huge market cap loss also. But then, of course, there is a big lesson for the institutions as well.
American businesses are reeling from President Trump's unpredictable trade policies, leading to order cancellations and postponed expansions. Massive tariffs on imports, particularly from China, threaten to cause shortages and higher prices for consumers.
New York schools will soon ban smartphones during school hours. Governor Kathy Hochul announced the new rule. It aims to curb social media use and distractions. The ban covers kindergarten to 12th grade. Other internet-enabled devices like smartwatches are also restricted. Basic cellphones are exempt.
