Is this a good time to invest in gold?

Currently, the gold is trading at Rs 29,550 level, which is about Rs 1,000 lower than the recent high. Market analysts bet on more correction in coming future which gives investors a good opportunity to invest in gold.

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Corrections in both global and domestic markets created a great opportunity for investors to accumulate gold in their portfolio this festive season before a possible rebound.

"The current price correction offers an opportunity for investors and individual consumers to buy gold ahead of a possible rally based on strong fundamentals. In fact, the downside is very limited in gold. Prices are expected to rebound from the current level," Business Standard quoted Gnanasekhar Thiagarajan, Director, Commtrendz, a city-based equity trading and research analytics firm, as saying.

The ongoing geopolitical tension between the United States and North Korea and on the domestic front the rise of inflation made investing in gold a safe bet. The current price made it a good investment avenue against all odds.

Strengthening dollar against major global currencies and as traders pulled out money in a short-term move made global gold price slump from $1,350 an oz to $1,265 an oz. India gold fell by about 3 percent from Rs 30,500 per 10 grams to Rs 29,550 per 10 grams.

"Fundamentals for gold continued to remain supportive. So, the current price decline is, in fact, a good opportunity for investors to book gold before its price starts moving up," Jayant Manglik, President, Religare Securities, told the business daily.

Reserve Bank of India (RBI) has forecast that inflation will increase in last week's monetary policy meeting. High inflation will further pull down the value of Indian currency against US dollars. And any depreciation in the rupee would make imported commodity costlier in local currency, thus gold would become costlier going forward.

"Since the GST council rescinded it's August notification, the cash purchase limit has gone back to its earlier level of Rs 200,000. So we advise our customers to buy gold now before its price shots up," said Kumar Jain, Director, Umedmal Tilokichand Zaveri, a bullion dealer and jewellery retailer in Zaveri Bazaar in Mumbai.

Why we still love Jane Austen 200 years later

1870 engraving portrait of Jane Austen, the English writer who lived from 1775 - 1817. 

It's hard to imagine Jane Austen-mania hitting more of a fever pitch than it has in the past several decades, with a zealous global fan base snapping up everything from Bollywood remakes to Austen-inspired zombie fan fiction and guinea pig versions of "Pride & Prejudice."

Still, here we are at the 200th anniversary of her death and the craze has somehow managed to kick up a notch.

To celebrate the British novelist's legacy this year, Austen devotees — also known as Janeites — can attend exhibitions, talks, performances and calligraphy workshops, go on literary pilgrimages to her home in Hampshire and enter writing competitions in her name. They can don bonnets for themed picnics and gowns for Regency Balls, buy T-shirts and totes, collect the new Jane Austen British £10 note and, of course, share all on social media feeds in her honour.

Accompanying this frenzy of activity is a wave of new books about the literary celebrity, exploring her influence anew. Fans can read about her domestic life in "Jane Austen at Home: A Biography by Lucy Worsley;" about her politics in "Jane Austen, The Secret Radical" by Helena Kelly; and about the influence of plays on her writing in "The Genius of Jane Austen: Her Love of Theatre and Why She Works in Hollywood" by Paula Byrne.

Those who've made it their life's work to study Austen, such as Goucher College scholar Juliette Wells — author of the aptly titled "Everybody's Jane: Austen in the Popular Imagination" — are well-positioned to make a mark. Her new book "Reading Austen in America," which tracks the author's transatlantic popularity, is due out in October and already getting buzz.

Wells is an ideal person, then, to ask the pressing question: Why Jane? What is it about Austen that's so captured the public imagination for so long, across centuries and continents?

"That is a great question," Well says, "and there's no one answer to it." The TV miniseries and Hollywood films of the 1990s — which were "very likable, very audience-friendly" — have no doubt played a role in endearing Austen to legions of fans, she says. As has the burst of fiction and non-fiction published in their wake. But Austen has long held appeal for readers, who began visiting her grave in Winchester Cathedral a good century before the swoon-worthy Colin Firth ever graced the screen.

Indeed, generations of readers have flocked to Austen for her expert storytelling and her wit and humour, which tend to stand the test of time. "There are works published by her contemporaries that were considered humorous at the time, which are just so dated to us: they don't work at all," Wells says. "But Austen's humour continues to resonate. I hear from undergraduate students all the time who are just amazed when they realize how funny she is."

Still other readers are drawn to the "moral universe" Austen depicts, Wells explains, "how much her main characters care about being good people."

And then there's the fact that Austen arguably wrote women with more depth than any writer who came before. "Austen is unparalleled in her ability to create believable, realistic characters with inner lives," Wells says, "and certainly she portrayed women with more attention, more thought, than anyone had done prior to her."

Then, of course, there's her artistic mastery — Virginia Woolf rated it on par with Shakespeare's — which employed subtlety to powerful effect. "Of all great writers she is the most difficult to catch in the act of greatness," Virginia Woolf noted, writing in the New Republic in 1924. (Woolf also joked about Austen's fanatical fans, even then a force to be reckoned with: "There are 25 elderly gentlemen living in the neighbourhood of London who resent any slight upon her genius as if it were an insult offered to the chastity of their aunts.")

Add to all of this: Austen quietly provided a model for the professional woman, then such an anomaly. Writing in a time with few female voices, she focused novels such as "Sense and Sensibility" and "Emma" on drawing room dramas — and the classic marriage plot — but she herself elected to lead a solitary, literary life.

Austen possessed an extraordinary work ethic, Wells says, and was a consummate professional. "Being aware, to any degree, of Austen's home life and her authorship really deepens your experience of reading her novels. If you read her biography, or visit her house, you have some awareness of the choices she made in order to write."

It's only thanks to second-wave feminists and their research, Wells adds, that we were able to move beyond the protective Austen family depictions of spinster Aunt Jane and see her for the ambitious working woman she was. "She really valued her creativity and she was an incredibly determined writer," Wells says. "She wrote for decades before she was published. Once her first novel was published in 1811, she published at an astonishing rate."

"It's amazing," Wells adds. "She died too young, but she left us so much."

It's no wonder, then, that readers continue to express their enthusiasm for Austen in myriad creative ways. "Professionally, nothing can surprise me," Wells says of Jane-mania. "What delights me is when someone can enter the very crowded field of tributes to Austen and create something exciting and new.

"There (are) lots of different takes out there and I'm interested in all of them," she adds. "I'm just fascinated by this phenomenon of popularity. I'm really interested in what makes people dress up, and join Austen societies and take literary pilgrimages. And what makes them write another sequel to "Pride and Prejudice" when the world already has so many. It's about love and what it means to love literature. It's very personal."

Wanna go back to 90's, 100 Awesome things you miss even now

Remember your parents complaining “Kids these days…” when you were busy playing Mario for hours together on TV? Well, it’s your turn now.

Here are some of the coolest things from the 90s India that’ll take you a trip down the memory lane. I bet you will feel bad for how grown up you are now. I sure did feel bad, writing this article.

Those were truly the golden days! No responsibilities, no stress, no frikkin’ Facebook! Damn, what world are we in these day? Well, accept it, move on and enjoy this collection. Don’t forget to share! 🙂 

You secretly hated this guy.

You still remember the “Jalebeeee…” kid.

You aspired to be this guy, riding your BSA Champ.

You never imagined you could be more handsome.

You stole these.

This was your world before Mp3s.

You imagined flying, one day.

You collected these like crazy, and chew off the gum (until the juice lasted).

These were readable like a million times over and over.

These were yummy. And a luxury that you had to fight to get one.

Your first pop addiction.

You saw many like these in the magazines.

You had one of these. Just like your friends.

Or these.

This guy was the most clever guy you knew.

You had one of these. The “always stuck” machine.

All of your friends had a pair like yours.

This was a novelty.

You instantly recognize this logo.

The BSA SLR Ad feat. Kapil Dev.

You actually enjoyed playing this with your parents.

You’d set the alarm for every 30 mins.

You pretended playing this, while it was the songbank.

This was your show off item.

You traded these.

You bought these at railway stations.

You’re thinking about Kroor Singh and his “Yekkuu” laugh now.

You loved the smell of the ink.

This one’s too.

You hurt your fingers playing this.

You never got this until you were “big enough” to get one.

Eeew! You really did that?

Mom actually put it on you and you liked it.

You loved these for the magnets.

And for the “tap” sound it made while closing.

You didn’t get annoyed seeing this (like you do these days with your Internet provider).

You got hypnotized every time this played.

Your dad used this.

You’d be in front of the TV 10 mins early.

Your first engineering job.

We all had this.

You got this free with Complan.

You bought it for the cover & blasting it. Accept it.

You enacted him after every episode.

You loved the Amar Chitrakatha for its beautiful illustrations.

Your “well-to-do” friends introduced this to you. You got one at the local festival.

You loved the taste, and the color.

You’ve never seen it again.

Your uncle had one. And you begged for rides.

You played all kinda games with the ink. Also, broke the nib.

You fought with your dad for getting this.

You haven’t seen this ever since, either.

You tinkered with it, shouting from the terrace. “Is it OK now?”

Parents bought it for you. Didn’t bother to use.

Ahem.

You were kinda uncool then.

You crave for it now.

Your first and last AK 47.

You fancied her.

Stop shaking your head.

You’d cut out the logo to collect them.

Never saw these again.

They were cool, then.

Some of you collected these.

You either loved this, or didn’t taste it at all.

Brown paper. You’d make the most of it.

You don’t like the new one.

Your garland.

Mom thought you were mad for shouting “by the power offf….”.

Not all of you will recognize this.

You are singing the jingle now.

You really believed it was Japanese technology.

You flipped over every time you got one.

You were once cheap.

Naughty. Naughty.

Loved all of them.

You upgraded to one of these.

From one of these.

You still love this model like your current car.

You never missed an episode.

Your first manly shave.

You still admire it.

This should remind you of your teacher.

You envied your friend for having one of these.

Female folks in the house had these.

You only saw a few of these, and thought it was weird.

You hurt your finger spinning it.

You didn’t notice him then.

You would die for collecting these.

You were perfectly OK with this. Didn’t even realize the screen was curved then.

These didn’t make any sense to you.

You played with these.

Your first cricket bat.

You collected these like crazy and thought they fought for real.

Your first camera and it had no fancy filters.

I’m sure I missed many things here.

What can you re-collect from your childhood?

What do you miss most from those days?