Mumbai: Steel prices in the country fell to their lowest level in more than three years in July. According to a report by a research firm, steel prices fell as a result of higher imports and weak exports. Prices of hot rolled coils (HRC) used in the manufacturing sector fell …
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Electric vehicle sales increased by 55 percent in July
Mumbai: Total electric vehicle sales in July grew 55.20 per cent year-on-year to 1,79,038 units, led by a surge in sales of electric two-wheelers. According to the Federation of Automobile Dealers Association (FADA), e-two-wheeler sales grew by a massive 96 per cent. The number of electric vehicle sales in July …
Read More »China's export growth slows in July, raising concerns about a slowing manufacturing sector
Mumbai: China's export growth fell to a three-month low in July, raising concerns about its manufacturing sector. Export growth has slowed, while China's imports have increased. China's exports grew by 7 percent in July, which is much lower than the expectation of 9.70 percent growth. The export growth figure in …
Read More »Silver declined
Mumbai: Gold prices in the Mumbai jewellery market today declined after rising. While silver remained volatile. However, there were signs in the global market that the price of gold again rose and it went above $ 2400 an ounce. Meanwhile, new demand remained sluggish at home. Jewelers kept an eye …
Read More »Sensex jumped 875 points to reach 79468
Mumbai: The slowdown in global markets has cooled down and the US, Europe, Asia markets continued to rise for the second consecutive day. Nifty again touched the level of 24000 today due to continuous buying by domestic institutional investors, mutual funds against the continuous selling by foreign portfolio investors. When …
Read More »Gold and silver prices fall for the third consecutive day, know the new price
Today, on Thursday, the price of gold fell. In most cities, the price of gold has come down by Rs 500. In the capital Delhi, the price of 10 grams of 24 carat gold has gone up to Rs 69,410. In Mumbai and Kolkata, the price of 24 carat gold …
Read More »Decision taken on repo rate, interest rate remains at 6.5 percent – News India Live
A meeting of the Reserve Bank of India has been held amidst the global crisis. In this meeting, the RBI governor has announced the repo rate. It is worth noting that at this time the report rate has been kept at 6.5 percent. No change has been made in it …
Read More »Now you will not have to pay any extra fee on tax payment, RBI will increase UPI limit
UPI Limit for Tax Payment: RBI has made another big announcement by keeping the repo rate unchanged at the end of the bi-monthly monetary policy meeting. UPI limit for tax payment will be increased. Currently this limit is Rs. Which has been increased to Rs 1 lakh. 5 lakh work …
Read More »Another blow to rising inflation! If you are also paying loan EMI then know this special news
The Reserve Bank of India on Thursday announced no change in the benchmark interest rate for the ninth consecutive time. This means that the hope of cheap loans and low EMIs is shattered and we will have to wait. Reserve Bank Governor Shaktikanta Das said that the repo rate will …
Read More »Decline in stock market, Sensex-Nifty in red zone, decline in these stocks
Today, i.e. on August 8, the stock market is witnessing a decline. The Sensex is trading at 79,200 with a decline of more than 200 points. At the same time, the Nifty is trading at the level of 24,220 with a decline of more than 70 points. Out of the …
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