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Mumbai: There has been a major error in the calculation of gold import estimates for November and January 2024 and the new data released by the government has shown a huge decline in imports. This cut will also change the country’s trade deficit figures. The government has drastically reduced the …
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45 percent of households expect savings to decline by 25% in 2025
AHMEDABAD: Only 24% or 1 in 5 Indians expect their household income to increase in the year 2025, which has just started. A recently released survey revealed that 45 percent of households expect savings to decline by up to 25% in the new calendar year. In a survey by LocalCircles, …
Read More »Demat account additions slowed down in the December quarter as a result of persistent lag in the stock market
Mumbai: The lag in benchmark indices amid heavy selling by foreign institutional investors in the country’s equity secondary market since October has dampened the minds of investors, especially retail investors, which has impacted the addition of new demat accounts. . A total of 97.70 lakh new demat accounts were added …
Read More »Bitcoin reaches $7000 due to strong US economic data
Mumbai: Bitcoin again slipped inside $1,00,000 and closed above $95,620 late in the evening on sentiments that interest rate cuts by the Federal Reserve will slow down due to strong US economic data. Other cryptos also saw declines behind Bitcoin. The data obtained showed that service sector activity in the …
Read More »Gold and silver also rose due to fall in rupee
Mumbai: Gold and silver prices increased slowly in Mumbai’s jewelery market today. However, funds saw selling as precious metals prices jumped on world market news. There was a rise in the dollar index in the world market and there was talk of a surge in gold sales globally. Meanwhile, the …
Read More »Ultimately Sensex fell by 50 points
Mumbai: Ahead of Donald Trump’s inauguration on January 20, his ultimatum to make Canada the 51st US state and Hamas to release hostages by January 20 amid renewed global tensions and whispers of the spread of the HPV virus on the one hand, bears Was successful in the attempt. Indian …
Read More »Tuhin Kant Pandey becomes new Revenue Secretary, Arunish Chawla will handle DIPAM
High-level changes have been made in the Finance Ministry ahead of the Union Budget 2025. The Appointments Committee of the Cabinet has approved reshuffle on many important posts. The most important changes are related to the Revenue Department and the Department of Investment and Public Asset Management (DIPAM). The purpose …
Read More »Gold prices continue to rise, is this the right time to invest?
There is a continuous rise in the prices of gold, due to which the attention of investors and buyers has increased towards this precious metal. Today, 9 January 2025On Thursday, the price of gold increased once again. Prices of 22 carat and 24 carat gold respectively Rs 100 and Rs …
Read More »Farmers can become rich by cardamom cultivation, know the whole process
Desk Team 23 minutes ago Business Cardamom, also known as the “Queen of Spices”, is a cash crop that can provide bumper profits to farmers. Cardamom is cultivated on a large scale in India, especially in Kerala, Karnataka, Andhra Pradesh, and …
Read More »Why was the time of presenting the budget changed? Know the reason behind this and the old traditions
Union Finance Minister Nirmala Sitharaman will present the Union Budget for the financial year 2025-26 on 1 February 2025. But do you know that earlier in India the budget was presented not on 1 February, but on 28 February? There were many old traditions associated with British rule, which have …
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