We regret the inconvenience this incident has caused,” the spokesperson added. We want to assure everyone that this action was not intentional. Gold Price Mumbai: Gold Rate in Mumbai Today, Get 22 Carat & 24 Karat gold rate in Mumbai & last 10 days gold price based on rupees per gram from Moneycontrol. This was an aberration at Coding Ninjas and against our values and culture as an organisation. “Disciplinary action is being taken against the concerned employee. Get all the information on UTI - Gold with historic price charts for NSE / BSE. They added that the incident was an isolated event and the company is taking measures to ensure that it will not be repeated. UTI - Gold Share Price: Find the latest news on UTI - Gold Stock Price. In light of the incident, the founders also personally expressed their regret and apologised to all the employees,” a Coding Ninjas spokesperson told Moneycontrol. The same was immediately rectified within minutes, the employee acknowledged his mistake and apologised for the inconvenience caused due to his actions. “We want to clarify that the incident that occurred two weeks ago was due to a regrettable action by an employee in one of our offices. With the withdrawal of Rs 2000 notes, many wondered whether customers would now start using these denominations to buy other things like gold jewellery in order to dispose of the cash. Moneycontrol reached out to Coding Ninjas for a clarification. In the video, the watchman informed that one of the managers has ordered him to not let employees out of the office without his permission. Nowhere else would anyone dare to pull off something like this,” said Handa, in his tweet posted early morning on June 3. “Indian edtech founders are now literally locking in their employees. Platinum fell 0.9% to $1,038.95 while palladium dipped nearly 1% to $1,431.50, both near three-week lows.Edtech entrepreneur Ravi Handa took to Twitter to share a video where a watchman is seen locking doors of an office of Coding Ninjas, informing employees that their exit without permission has been prohibited. Spot silver rose 0.2% to $23.48 per ounce. Minutes of the Fed's May 2-3 meeting are due at 1800 GMT, after the central bank raised its benchmark overnight interest rate by a quarter of a percentage point to the 5%-5.25% range. debt talks but equally needing a fresh catalyst…to push prices back above the $2,000 an ounce threshold," Kinesis Money analyst Rupert Rowling wrote in a note. "For now, gold is a holding pattern, unlikely to fall much lower given the lack of progress on U.S. Higher interest rates tend to increase the opportunity cost of holding non-interest-bearing gold. banking troubles were to subside and agreement reached over the debt ceiling, gold could fall further, Gardner added, perhaps even lower than Capital Economics' end-of-year $1,950 forecast.īullion was hovering just above 1-1/2 month lows touched last week as several Fed officials suggested the central bank would stick to its rate-hiking plan. At MCX, gold has support at 47,000-46,800 and resistance at 47,330-47,580 silver has support. Stocks lurched lower due to the stand-off in the debt ceiling talks, helping safe-haven assets like gold recoup some of their recent losses. Aug09:29 AM IST Gold Price Today: Yellow metal trades flat buy for a target of 47,500. While a strengthening dollar is weighing on gold prices, some safe haven buying is keeping the metal close to $2,000/oz, said Edward Gardner, commodities economist at Capital Economics. President Joe Biden and congressional Republicans ended another round of talks to raise the debt-ceiling without a resolution on Tuesday. Spot gold was up 0.3% to $1,981.46 per ounce by 1215 GMT, while U.S. Gold edged up on Wednesday as the looming debt ceiling deadline prompted some safe-haven flows, while traders waited to scrutinise minutes of the Federal Reserve's recent policy meeting for guidance on U.S.
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