Sebi Gold And Silver Valuation Norms: Sebi revises valuation norms for gold, silver held by mutual funds; polled spot prices to be used from April 2026

Capital markets regulator Securities and Exchange Board of India (Sebi) on Thursday revised the valuation methodology for physical gold and silver held by mutual fund schemes, mandating the use of polled spot prices published by recognised stock exchanges for determining their value.The new framework will come into effect from April 1, 2026.“It has been decided…

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Gold Could Hit 7500 Per Ounce: Gold in ‘structural repricing phase’, could hit $6,000 in 12 months: Report

Gold’s long-term outlook remains bullish as global de-dollarisation, rising fiscal stress and escalating geopolitical tensions reshape the global financial order, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).In its latest Precious Metals Quarterly Report, the brokerage said gold prices crossed the $5,000 per ounce mark in early 2026, marking one of the…

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48-hour free cancellation: DGCA modifies ticket refund rules, sets deadline for airlines

Air passengers can now cancel or modify their tickets without paying additional charges within 48 hours of booking, subject to certain conditions, after the Directorate General of Civil Aviation (DGCA) revised refund norms. Under the amended civil aviation requirements (CAR) for ‘Refund of Airline Tickets to Passengers of Public Transport Undertakings’, airlines have also been…

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Nvidia sees 94% surge in Q1 sales: Chipmaker reports strong AI-driven growth

Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…

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