
Check today's gold and silver prices in major Indian cities. On September 17, 2023, gold and silver rates fluctuated due to the US Fed's interest rate hike. Discover the latest retail rates for 24K and 22K gold, along with 999 silver in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.
⚖️ AI Verdict
"Investors are feeling the heat as gold and silver prices dance around like they're at a party!"
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Mumbai ITAT quashed a ₹1.24 crore tax reassessment on bitcoin sales, citing improper authority approval. This ruling impacts tax assessments for cryptocurrency transactions, emphasizing the importance of following legal protocols. The decision highlights ongoing challenges in regulating digital currencies in India.
Investors in SGB 2019-20 Series IV can redeem bonds at ₹15,173 per gram, turning a ₹1 lakh investment into nearly ₹3.95 lakh by September 2026. This bond has achieved an impressive 295.13% gain, showcasing the potential of gold investments. With such significant returns, SGB bonds are becoming a popular choice for investors looking to grow their wealth.
Nike has appointed Alexandre Arnault, Deputy CEO of Moët Hennessy, to its Board of Directors. His expertise in brand innovation and digital transformation aims to strengthen Nike's global consumer connections and growth strategy. This strategic move reflects Nike's commitment to enhancing its market presence and adapting to evolving consumer needs.
A new study highlights poor succession planning in Indian family-run businesses, with patriarchs often retaining control past age 60. This trend leaves successors unprepared and jeopardizes business continuity, raising concerns about the future of these enterprises. Understanding these dynamics is crucial for fostering effective leadership transitions in family-owned firms.