EPFO: Many Employees Provident Fund (EPF) members are facing problems after applying for withdrawal claim from their EPF account. Some of them expressed their problem on EPFO's social media site that even after claiming to withdraw money from their EPF account, they have not been updated about their claim. EPFO …
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Government Rs. Bonds worth Rs 40 thousand crore will be bought back, RBI informed
The Center will repurchase securities: The central government will soon repurchase the rupee. Government securities worth Rs 40 thousand crores are being bought back. The government securities being bought back include 6.18% GS 2024, 9.15% GS 2024 and 6.89% GS 2025, with maturities of November 4, November 14 and January …
Read More »Foreign exchange reserves: India's foreign exchange reserves declined for the third consecutive week
No matter what we say, our stock markets are still buoyed by foreign investors. When foreign investors invest money the market goes up. It reduces when money is withdrawn. Now see, on April 26, foreign investors sold heavily in the Indian stock market. Due to which BSE Sensex fell by …
Read More »Sensex 2600 and Nifty up 800 points, turmoil, investors' wealth declined by Rs 3 lakh crore
Ahmedabad: Indian stock market today witnessed heavy volatility with Sensex falling 733 points and Nifty falling 172 points following reports of major changes in income tax rules by the government after the Lok Sabha elections amid various favorable reports. Behind the difference in Sensex, investors' wealth increased to Rs. There …
Read More »Gold price falls before Akshaya Tritiya… Know what is the price in your city?
Investors are skeptical about investing in gold and silver ahead of the release of US Non-Farm Payrolls payroll data. Not only this, this may also affect the US Federal Reserve's stance of keeping interest rates stable. So on Friday itself, its impact was seen on the global gold and silver …
Read More »RBI led gold purchases by central banks worldwide, increasing holdings by 31 percent – News India Live
RBI's gold reserves: Gold purchases were increased in March by various central banks around the world amid a cloud of global uncertainties. In which the central banks of India and China have purchased the maximum 60 percent gold. According to World Gold Council data, central banks around the world bought …
Read More »3 companies will go out of Anil Ambani's hands in one fell swoop, who will buy them?
Anil Ambani, Asia's richest man and younger brother of Reliance Industries owner Mukesh Ambani, is going through difficult times. His company is deeply in debt. Finding a way to sell debt-ridden companies. On one hand, Mukesh Ambani is buying companies one after the other, while on the other hand, Anil …
Read More »Debt can be a great alternative to mutual funds to meet short and medium term financial needs
Loan against mutual funds: As the popularity of mutual funds has increased, there has also been an increase in taking loans against it. Borrowers are preferring to take loans instead of their mutual fund investments due to attractive interest rates, convenient repayments and quick approvals. Using Mutual Funds as Collateral …
Read More »Global Economy: China's decline in global economy, a golden opportunity for India and America
The growing distance between America and China is a testament to America's dynamism and stability. For nearly two decades, China played the role of the world's factory, but today it is facing many economic challenges. Nearly a third of China's real estate sector is in deep trouble and its collapse …
Read More »Election: Onion price will not increase during elections in the country, government took a big decision
Due to rising prices of onion in the country, the government is also changing. Such incidents have also happened in history. In such a situation, amidst the elections, the government has taken a big decision regarding the export of onion. Onion export has now become costlier by 40 percent. Whereas, …
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