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Today, on Thursday, March 21, there was a rise in the stock market. Sensex closed at 72,641, up 539 points. A rise of 172 points was also seen in Nifty. And closed at 22,011. Out of 30 Sensex stocks, 26 rose and four declined. Paytm shares fell 1.98 percent today. …
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Income-wealth of the top one percent in India is at historic lows, while income inequality widens
Inequality in India: The income and wealth of the richest one percent of the country is continuously increasing. These people have 40.1 percent of the total wealth of the country. Their share in total revenue is 22.6 percent. The incomes of the rich have continued to rise since the early …
Read More »Gold becomes expensive once again, know the price of 24 carat gold
The price of gold is continuously increasing. In the month of March itself, an increase of five thousand rupees has been recorded in the price of gold. Gold prices increased by Rs 70 per 10 grams in the trading session, taking the price of gold to Rs 66,320 per 10 …
Read More »After falling by 428 points, Sensex rose by 90 points and closed at 72102
Mumbai: The Bank of Japan yesterday switched from negative interest rate to positive rate policy after 17 years, following caution in global markets. The strength behind US in global markets also remained strong with selective buying in Indian stock markets today, ahead of the late night decision of the Federal …
Read More »Twenty-four percent increase in outward remittances under LRS
Mumbai: Outward remittances under the Liberalized Remittance Scheme (LRS) of the Reserve Bank of India (RBI) have increased by 24 percent year-on-year to $ 27.42 billion in the April to January period of the current financial year. In the April-January period, remittances in the international travel segment grew 30.67 per …
Read More »Rs 1000 became Rs 87000 in 3 years, share rose from 48 paise to Rs 60, company of Ahmedabad
3 minutes ago Business New Delhi: In the stock market, people look for such shares which can give good returns in short time. Such stocks are called multibagger stocks. But finding multibagger stocks is not that easy. These smallcap and hidden stocks are …
Read More »Bank Open: Reserve Bank canceled holidays, banks will remain open across the country on Sunday, know the reason
3 minutes ago Business Banks will remain open on March 31: The Reserve Bank of India has directed banks across the country to remain open on Sunday, March 31, 2024. Taking a big decision, RBI has decided to keep banks open across the …
Read More »Request to impose export duty on export of low grade iron ore
Mumbai: Sponge iron manufacturers have demanded imposition of export duty on export of low-grade iron ore from the country. This demand has come to reduce the shortage and high prices of iron ore domestically. India is the second largest producer of crude steel. And iron ore is a major raw …
Read More »Decline in net FDI in last 10 months, 80% investment in India from only 6 countries
Ahmedabad: India's net foreign direct investment (FDI) in the 10 months from April 2023 to January 2024 has been $ 15.41 billion. In the same period last year, FDI was 25 billion dollars. This large decline in net FDI was due to outflow of funds. Net FDI is the amount …
Read More »Gold, silver prices rose again with the support of dollar: However, global markets fell
Mumbai: Gold and silver prices rose in Mumbai jewelery market today. Market sources said that although there was softness in the world market, prices in the domestic jewelery market were being increased due to increase in import costs due to appreciation of the dollar against the rupee. Meanwhile, rising dollar …
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