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Gold prices seen strengthening ahead of Diwali

Commodity experts say the sharp rise in crude prices, which rose about 12 per cent in the past week, is mainly responsible for the rally in gold rates. But there are other factors at play as well. Rising global inflation and the volatile stock market have made the yellow metal a "safe" investment bet among investors.

Direct tax collection grows 23.8% to Rs 8.98 lakh cr till Oct 8

Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher than the gross collection for the corresponding period of last year. Direct tax collection, net of refunds, stood at Rs 7.45 lakh crore, which is 16.3 per cent higher than the net collection for the corresponding period of last year. This collection is 52.46 per cent of the total budget estimates of Direct Taxes for 2022-23.

Global metaverse market likely to reach $996 bn in 2030

The global metaverse market is expected to reach $996 billion in 2030, registering a compound annual growth rate (CAGR) of 39.8 per cent. The metaverse market size reached a value of $22.79 billion in 2021, according to GlobalData, a leading data, and analytics company.