Current Trends in Gold and Silver Prices In August, the prices of gold and silver moved in opposite directions on the Multi Commodity Exchange (MCX). Gold prices saw a notable increase, while silver witnessed a slight decrease. Specifically, gold prices rose by approximately 3% during the month, whereas silver faced a decline of less than ...
According to a recent report, the Unified Payment Interface (UPI) has emerged as a leader in transaction processing from April to July 2024, surpassing other alternative payment methods globally. This surge in UPI’s popularity is attributed to its growing adoption across various countries. Further enhancing the optimism surrounding UPI, Reserve Bank of India (RBI) Governor ...
The Man Company, a new-generation brand in men’s grooming, is set to join the ranks of well-established brands like Boroplus, Fair & Handsome, and Jandu. The company, owned by Helios Lifestyle, is in the final stages of negotiating the sale of its remaining stake in The Man Company. Acquisition Details Helios Lifestyle currently holds a ...
The Potential Changes in IPO Regulations Are you contemplating starting your own company and getting it listed on the stock market? Do you wish to raise funds through an Initial Public Offering (IPO)? You might have wondered about the ease of launching an IPO in India when you learn that a company with just eight ...
The Chief Economic Advisor (CEA) V. Ananth Nageswaran has delivered some encouraging news to the government, stating that despite the country’s Gross Domestic Product (GDP) growth rate dropping to a 15-month low of 6.7% in the April-June quarter of the current financial year, the Indian economy is on track to achieve a growth rate of ...
Asia’s richest businessman Mukesh Ambani is set to assist the country’s citizens in fulfilling their dream of owning a home. His non-banking financial company (NBFC) is developing plans to provide loans to the general public. The groundwork for this initiative has already begun. Mukesh Ambani launched his NBFC, Jio Financial, last year. However, on Friday, ...
Introduction The Indian Union Minister Sarbananda Sonowal announced that the proposed Wadhawan Port in the Palghar district of Maharashtra is expected to generate 1.2 million job opportunities for local youth and women once operational. Speaking at the foundation stone laying ceremony for the port project at the CIDCO grounds in Palghar, Sonowal emphasized that under ...
The economic landscape of Ayodhya, Uttar Pradesh, is witnessing significant changes following the construction of the Ram Janmabhoomi temple. Since the temple’s establishment, there has been a marked increase in land prices in the region, prompting local authorities to consider raising the circle rates in several areas. Reports suggest that these rates may see an ...
When we talk about expensive stocks, our eyes often turn to America and Europe. However, India has several stocks valued not just in hundreds, but in thousands. Notably, there’s a stock whose price exceeds a whopping one lakh rupees. Just a few months ago, this stock even reached one and a half lakh rupees. This ...
The financial landscape in India is experiencing a significant shift as the country’s banks, whether public giants like SBI or smaller private institutions, are grappling with an alarming decline in deposits. Where once the cumulative bank deposits soared to an impressive ₹2.86 lakh crore, recent reports indicate that this figure has plummeted to just ₹0.95 ...