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Sovereign Gold Bonds (SGBs) v/s Physical Gold

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Gold Bonds Sovereign Gold Bonds (SGBs) are substitutes of physical gold issued as government securities by the Reserve Bank of India. Buying  Sovereign Gold Bonds  is better than buying physical gold majorly for the reasons listed below:   ·          No Storage Problems ·          Free of making charges ·          No requirement of purity certifications ·          You get market value at maturity with periodical interest   Who can buy SGB? Indian residents including Hindu Undivided Families (HUFs), individuals, universities, charities, trusts can invest in Sovereign Gold Bonds. Owning a Sovereign Gold Bond jointly is allowed too. This makes buying SGBs jointly a more attractive option than jointly buying physical gold since physical gold doesn’t have well-defined ownership documents. Whe...

What is CORONAVIRUS that has spread in China

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What is the coronavirus? A new coronavirus has broken out in China, infecting more than 4,000 people and killing 106. As authorities fight to contain the virus, experts warn that the death toll will almost certainly rise. The disease, which causes pneumonia-like symptoms, has forced Beijing to quarantine 18 major cities, essentially locking down more than 56 million people. Coronaviruses are a family of viruses that cause illnesses ranging from a cold to more severe diseases. Typically, symptoms include a fever, fatigue, sore throat and dry cough, and may later develop into breathing difficulties. These viruses are transmitted between animals and people. This novel coronavirus, currently named 2019-nCoV, is a new strain that had not been previously identified in humans. Where and when did the infection start? The source of the coronavirus is believed to be a seafood market in the central Chinese city of Wuhan. The city's health commission said the infection broke out between Dec...

Check Lunar Eclipse 2020 India Time

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Chandra Grahan 2020 Chandra Grahan 2020 on January 10: All FAQs Answered: India and several other countries will not only witness the very first Lunar Eclipse (2020) of the year but also the decade that has just started, on the 10 th  of January. It will also be the Wolf Moon – first Full Moon of the year. This will also be the 1 st  of the 4 Penumbral Lunar Eclipse of 2020. As the Moon will drift from the Earth’s shadow tomorrow (10 th  January, Friday), Indian and many other people around the globe will be able to see this celestial spectacle. What can I expect to see in Penumbral Lunar Eclipse 2020? On January 10 night, at maximum eclipse, 90 percent of the Moon will be partially shaded by the Earth. This will cause a slight shadow across the Moon's disc. When to watch Lunar Eclipse or Chandra Grahan India Time? You can enjoy the penumbral lunar eclipse from 10:37 pm on January 10 to 2:42 am on January 11. The eclipse will last 4 hours and 5 minutes i...