Gold imports plunge, ETF inflows surge in India
Gold imports fell to $2.3 billion in August from $4.2 billion in July, while Indian gold ETF inflows rose to Rs 2,600 crore in August, data from the Association of Mutual Funds…
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Budget 2024 rejigs capital gains tax: what stocks, MFs, gold now pay
The Union Budget 2024 has standardised long-term capital gains (LTCG) tax at 12.5% across most asset classes, while short-term capital gains (STCG) rates vary by investment type. For equity stocks, ETFs and…
Gold ETFs see third week of net inflows as prices surge
Gold exchange-traded funds (ETFs) attracted net inflows of $3.04 billion in the week ended August 7, the third consecutive week of positive investments, data from the World Gold Council shows. Inflows, led…
