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Gold prices soared to a record high of $3,636.69 an ounce on Monday, driven by soft U.S. labor data fueling expectations of a Federal Reserve interest rate cut. The anticipation of lower rates, coupled with a weaker dollar and strong central bank buying, particularly from China, has propelled gold's impressive gains this year. Investors are now closely watching upcoming U.S.
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Infosys will consider a buyback of equity shares at a meeting on September 11, 2025, following a period of underperformance where shares have fallen nearly 25% in the past year. Despite this, the company reported a 9% YoY growth in consolidated net profit for the first quarter, with revenue rising 8% YoY.
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Jefferies calls TBO Teks $125 million Classic Vacations buy a classic opportunity, boosting its price target to Rs 1,800. The deal expands luxury travel access, strengthens synergies, and is expected to drive earnings growth.
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PGIM India Asset Management has partnered with ONDC and Cybrilla Technologies to expand mutual fund access across India. The integration aims to empower distributors, lower costs, and introduce innovative formats like daily SIPs, reinforcing PGIMs mission of financial inclusion and democratizing investments, especially for smaller towns and rural investors.
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Capitalmind Mutual Funds first scheme, Capitalmind Flexi Cap Fund, crossed Rs 100 crore AUM within 35 days of launch, reflecting strong investor participation, disciplined strategy, and community-driven confidence in its evidence-based wealth creation approach.
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News and Media
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