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Ahmedabad: While India is moving ahead with good relations with America and Western countries to become a global superpower, on the other hand it is also committed to defeat India's arch rival China in every field. The Indian government is preparing for another surgical strike on China. According to the …
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42 percent increase in resolution of insolvency cases in last financial year
New Delhi: With more cases being approved for resolution plans by the National Company Law Tribunal (NCLT), the Insolvency and Bankruptcy Code (IBC) has reached its highest ever resolution in FY24. Moreover, the appointment of new NCLT members has also helped in the resolution of a large number of cases. …
Read More »As gold falls following the duty cut, investors will see a 4 percentage point drop in expected returns
Mumbai: The biggest hit of the significant reduction in import duty on gold in the current year's budget seems to be on Sovereign Gold Bond (SGB) investors. It can be said that investors who invested in the first series of SGB in August 2016 have suffered a loss of more …
Read More »In view of high inflation, the Reserve Bank will not cut interest rates in its next meeting
Mumbai: The Monetary Policy Committee (MPC) of the Reserve Bank of India is likely to maintain interest rates in its meeting next week. Analysts believe that the Reserve Bank will not rush to reduce the repo rate as inflation is still around five percent. Retail inflation is around five percent …
Read More »Signs of recession in America
Mumbai: The bullion market in Mumbai's jewellery market was officially closed today on account of Saturday. However, gold and silver prices stopped rising in the closed market and lagged the global market. The news of a sharp fall in prices in the global market overnight came and this led to …
Read More »Be careful, cases of fraud messages in the name of ITR refund have increased, Income Tax Department has issued an alert
Cyber fraud messages for ITR refund: The last date for filing income tax returns is over. An estimated 7 crore people have filed ITR. Now taxpayers are eyeing the refund. Cyber criminals are taking advantage of ITR refund to commit fraud. Recently many taxpayers received a text message that the …
Read More »In the new week, the Sensex will break from 80111 to reach 79333
Mumbai: Global markets have fallen sharply in the last few days of last week due to geopolitical tensions and the threat of the US slipping into recession. On the one hand, while Israel continues to aggressively seek the elimination of Hamas and its enemies, on the other hand, global tensions …
Read More »This cement stock will go up to ₹ 950, ready for a big jump after the results, brokerage said – buy
8 mins ago Business Cement Stocks to Buy : Companies listed on the stock market are announcing their first quarter results. Cement company JK Lakshmi Cement has also announced its June quarter results this week. After the results, brokerage house Axis Direct has …
Read More »Preparations for a big change in the stock market, SEBI will check the form with AI
If you keep investing in the stock market and IPO, then now SEBI is going to make some changes related to it. Stock market regulator SEBI is now preparing to introduce an easy way for companies to apply for IPO. The new way will be to fill in the blank …
Read More »All investment plans failed in front of this scheme, rupees doubled with SGB
The Reserve Bank of India launched a gold scheme in August 2016 at a price of Rs 3,119 per gram, which gave good returns to investors investing under SGB. Gold prices have fallen significantly after the import duty was cut in Budget 2024. But after that, now gold has again …
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