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Indian Housewives: The Smartest Investors in Gold!

Indian Housewives: The Smartest Investors in Gold!

Uday Kotak, the founder of Kotak Mahindra Bank, recently praised Indian housewives on social media for their smart investments in gold. He believes that their long-standing trust in gold makes them the best fund managers globally, especially as gold prices surge. Many users reacted to his post, highlighting that Indian women buy gold not just for investment but as a safeguard against inflation and economic uncertainty. While some appreciated the cultural practice of saving in gold, others emphasized the need for financial literacy. With gold prices surpassing $3,400 recently, the conversation around its value continues to grow.

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RBI's Rate Cut Sparks Realty Shares Surge
RBI's Rate Cut Sparks Realty Shares Surge
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RBI Boosts Gold Loans: Stocks Soar!
RBI Boosts Gold Loans: Stocks Soar!
Gold finance stocks surged on June 6 after RBI Governor Sanjay Malhotra announced an increase in the loan-to-value (LTV) ratio for gold loans under ₹2.5 lakh from 75% to 85%. This change gives non-banking financial companies (NBFCs) more lending flexibility, leading to a rise in stocks of companies like Muthoot Finance and Manappuram Finance by 2-7%. Additionally, small-ticket gold loans will now require less paperwork, speeding up processing for lenders. The RBI also cut the repo rate, promoting liquidity in the banking system, which could further boost credit availability.
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Vijay Mallya's Insights on Kingfisher's Fall
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Trump and Xi: A New Chapter in US-China Relations
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Celebrate Chocolate Ice Cream Day 2025!
Celebrate Chocolate Ice Cream Day 2025!
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RBI's June Rate Cut: What to Expect?
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Mirae Asset Launches New Specialised Investment Fund
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Rising Gold and Silver Prices: What You Need to Know
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Yamuna Cleanup: Youth Unite for Environment Day
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Tesla Shares Plunge 14% Amid Musk-Trump Feud
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RCB's First IPL Title Celebration Ends in Tragedy
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Dow Jones Drops Slightly: Market Insights
Dow Jones Drops Slightly: Market Insights
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