Gold price prediction today: Where are gold prices headed this week and should you ‘buy on dips’? Top factors to watch

Support is at $4160/$4115/$4085/$4050. Resistance is at $4245/$4300/$4381 (all-time high). (AI image) Gold price prediction: Gold prices are expected to rise on positive global cues, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. The analyst believes that ‘buy on dips’ is the strategy that investors should adopt. Here’s his…

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IndiGo meltdown: Senior aviation officers to conduct on-ground inspection; facilities at 10 major airports to be reviewed

The ministry of civil aviation on Tuesday directed senior officials to conduct on-ground inspections at major airports to assess the situation firsthand and review the challenges passengers are facing.This comes as the operational breakdown at IndiGo continues to cause chaos at airports around the country. ‘Will Set An Example’: IndiGo Faces Heat As Aviation Minister…

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More funding for Pakistan! IMF gives green signal to $1.2 billion tranche; cites ‘macroeconomic stability’

IMF on Monday approved a disbursement of around $1.2 billion to Pakistan, lifting the country’s total inflows under the Extended Fund Facility and the Resilience and Sustainability Facility to roughly $3.3 billion. The IMF Executive Board cleared the payment during its meeting in Washington, citing the country’s efforts in macroeconomic reforms.Pakistan remains heavily reliant on…

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Musk’s Starlink lists premium satcom prices for India, then pulls them back saying ‘glitch’ made ‘dummy test data’ visible

NEW DELHI: Elon Musk’s Starlink on Monday announced inaugural prices for its satellite venture in India and, as expected, these were many times more than a regular high-speed broadband connection that is currently being provided by terrestrial providers such as Airtel and Reliance Jio.The company put a Rs 8,600 monthly tariff for its satcom services…

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Now verify returns that look too good to be true

MUMBAI: Monday marked a global first for Indian financial markets as NSE along with Care Ratings launched the country’s first Past Risk and Return Verification Agency (PaRRVA), an independent entity that will validate performance claims in the securities markets. This agency will make it harder for unregistered finfluencers to hoodwink investors into falling for their…

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Virat Kohli invests 40 crore in Agilitas Sports

BENGALURU: Ex-India captain Virat Kohli has invested Rs 40 crore in sports platform Agilitas Sports, co-founded by former Puma India MD Abhishek Ganguly. Agilitas is also acquiring One8, the sportswear brand co-created by Kohli, to fast-track its ambition of crafting India’s high-performance sportswear label.In April, Kohli ended his endorsement deal with Puma and has instead…

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Trai, DoT at loggerheads over charges for satcom spectrum

NEW DELHI: Telecom regulator Trai and the department of telecom (DoT) are at loggerheads over fixation of satcom spectrum charges for the companies and other critical matters at a time when satcom players, such as Elon Musk’s Starlink and Sunil Mittal’s Bharti group-backed Eutelsat OneWeb wait for regulatory clarity before beginning commercial services in India,…

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