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Investors are rushing to buy Sovereign Gold Bonds in the secondary market. They are paying prices much higher than gold's current value. This buying spree is driven by perceived benefits like annual interest and tax-free gains. However, these investors face potential losses if gold prices decline. The limited supply of these bonds is also contributing to the price surge.
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Investors in Tata Capital's upcoming IPO are advised to anticipate a modest market debut. Analysts suggest limited immediate upside, with grey market premiums indicating a small listing gain. While the Tata brand offers strength, short-term traders may exit post-listing. Those looking for long-term value should exercise patience or await better entry points.
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The country hopes to build a big tech sector, fuelled by its vast amount of cheap hydroelectricity.
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News and Media
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