RBI Announces Final Redemption Price for Sovereign Gold Bond 2016-17 Series III
The Reserve Bank of India (RBI) has announced the final redemption price for the Sovereign Gold Bond (SGB) 2016-17 Series III, set at Rs 7,788 per unit, marking a significant increase from its initial price of Rs 3,007. As this tranche approaches maturity on November 16, 2024, investors can benefit from both capital appreciation and a 2.50% annual interest rate. With options for premature redemption available, the SGB scheme remains a popular choice for investors seeking a secure way to invest in gold.
Sui Network Surges with Mysticeti Upgrade in Cryptocurrency Market
Discover how the Sui Network’s Mysticeti upgrade has propelled it to the forefront of blockchain technology, leading to a remarkable price increase of over 26% in the past week. With a transaction speed that surpasses many other blockchains and a reduction in consensus latency to 390ms, Sui Network is solidifying its reputation as a high-performing blockchain protocol focused on innovation and efficiency.