As he runs for an open Illinois House seat representing part of Chicagos North Side, Karim Lakhani promotes being a small business owner. But the family business powering his campaign has drawn scrutiny in the past.
Are you planning to redeem your mutual fund units to finance a house purchase in Pune, and also intend to sell a house you own in your village, wondering if you can still claim long-term capital gains (LTCG) tax exemption? Heres what an expert says, as reported by ETWealth.
The U.S. bond market is showing signs of unease. President Trump's administration is working to keep borrowing costs low. Investors are watching closely as the government manages a large deficit. Recent actions by the Treasury Department aim to stabilize the market. However, underlying concerns about debt levels persist. The market's reaction to policy shifts remains a key focus.
European shares struck a record high on Monday, with basic resources stocks in the lead, as trading resumed following the Christmas and Boxing Day holidays.
UBS on Monday raised its gold target price to $5,000 an ounce over the first three quarters of 2026, before expecting prices to moderate to $4,800/oz by end-2026, up from its earlier forecast of $4,300/oz.
Silver prices tumbled Rs 21,000 per kg on MCX after an overheated rally unravelled, driven by easing geopolitical tensions, extreme deviation from key technical levels, and heavy profit-booking. A margin hike, record weekly gains, and a stronger dollar added to the selloff, abruptly halting silvers meteoric year-to-date surge.
Dalal Street enters a subdued holiday mood as 2025 concludes, with benchmark indices struggling for momentum and trading sideways. Market experts suggest a 'buy on dip' strategy for Nifty and Bank Nifty, focusing on stock-specific opportunities, particularly in the metals sector. Tata Steel and HPCL are highlighted as promising picks for near-term gains.
The year 2025 will be remembered for two standout assets: gold and silver. Gold and silver posted some of their strongest returns in over four decades. In 2025, silver jumped about 138%, emerging as the top performer across major asset classes, while gold rose 74.5%, its best annual gain in decades, as reported by ETWealth.