Author: admin
Daily Silver (XAG/USD) Silver broke key technical support levels, with analysts monitoring a potential head-and-shoulders pattern using $35.25 as the neckline and $33 as the bearish target if confirmed. The gold-silver ratio widened toward 91-94, reflecting silver’s relative weakness. Bearish divergence on lower timeframes suggested the rally’s momentum was stalling, creating a path for corrective selling. Profit-Taking Caps Rally, But Fundamentals Stay Firm Systematic profit-taking followed silver’s 30% first-half rally, with COMEX futures showing 1,434 contracts traded and open interest at 25,222 contracts, signaling controlled but persistent liquidation. Yet, supply deficits continue, with the Silver Institute projecting a 149 million…
United States contributed approximately $32 billion in remittances to India in 2023-24. (AI image) US remittance tax relief on the cards! Non-Resident Indians or NRIs have reason to breathe a sigh of relief as the final draft of the ‘One Big Beautiful Bill Act’ proposes just 1% tax on remittances, as against 3.5% earlier. Originally, the bill sought a 5% remittance tax but the final House version lowered it to 3.5%. However, the US Senate draft has lowered it further.’Unthinkable Trade Barriers Must Go’- Donald Trump Warns India Ahead of US Trade Deal Deadline The introduction of the ‘One Big…
In a qualified opinion, the auditor revealed that as of December 2024, the bank maintained a total provision of Tk1,447.62 crore– comprising Tk53.81 crore for unclassified loans and Tk1,393.81 crore for classified loans and advances 28 June, 2025, 09:40 pm Last modified: 28 June, 2025, 09:43 pm Logo of One Bank/Collected”> Logo of One Bank/Collected ONE Bank, a private sector lender, reported an 11.30% profit growth in 2024, posting a net profit after tax of Tk127.97 crore. However, according to its external auditor, the bank would have actually incurred a massive net loss of Tk995.43 crore if it had made…
Muscat: Oman is witnessing rapid growth in its freelance digital work sector, fueled by shifts in the global job market and digital economy trends. This surge is supported by national initiatives designed to empower youth and offer sustainable income through various digital platforms.Government Support and Legal Frameworks:Azza bint Ibrahim Al-Kindi, Director of Commercial Affairs and E-Commerce at the Ministry of Commerce, Industry, and Investment Promotion, stated that e-commerce is now one of the most prominent freelance fields. A key initiative is the “Freelance License Record,” allowing Omanis to engage in online commerce legally with minimal fees and clear regulatory frameworks.Benefits…
“The slowdown in geopolitics has offered an opportunity for investors to start taking profit because of the forward-looking prospects of some kind of kinetic war with China and the developments in the Middle East,” said Daniel Pavilonis, senior market strategist at RJO Futures. Global shares rallied following the announcement, with risk assets gaining ground as traders rotated away from precious metals. Can Middle East Stability Hold? The ceasefire agreement between Iran and Israel continues to hold despite minor skirmishes at the start. This ongoing stability in the Middle East further reduces gold’s geopolitical premium, as supply disruption fears across energy…
If you were to earn $100 a day, five days a week, you’d have about $4,000 after two months of rigorous saving and over $25,000 after a year. It’s possible, but not easy, to make $100 a day, and the best approach is to combine multiple ways of earning money. Some of the best strategies we’ve tested include making deliveries, providing pet-sitting services, doing tasks and freelance gigs, playing games that pay money, and using rewards credit cards. How to make $100 a day I’ll walk you through some of the best ways to earn extra cash; even ways that…
IBIT, BlackRock’s Bitcoin ETF, is now the company’s best product in this asset category by fee revenue. It generates $186 million in fees per year, surpassing IVV, an ETF based on the S&P 500, by $3 million. Still, IBIT and IVV are similar in another way, as the BTC ETF is almost as volatile as the S&P 500. IBIT’s volatility has cratered alongside Bitcoin, raising concerns about the possibility of future breakout crypto successes. BlackRock’s Bitcoin ETF Trading Fees Break Records Immediately after BlackRock launched IBIT, its Bitcoin ETF, the asset proved to be a tremendous success. Within less than…
