22k market news

999% increase in public sector stocks, The share price of public sector companies has increased by 0.99% in the last three years. share price of public sector Why Mazagon Dock share is increasing The shares of Mazagon Dock ship Builders have increased by 999 percent since January 2021. Next to this is 'R.V.N. L., IRFC, Hindustan Aeronautics and Bel' have seen a rise of more than 500 percent during the same period. Shares of 'SJVN, PFC, REC' have grown by more than 400 percent; Shares of 'ONGC, Power Grid' have also seen a growth of more than 140 percent. On the one hand, the stock market lost a bit of enthusiasm. The excitement on Monday had dried up on Tuesday. The Monetary Policy Committee meeting is about to take place in the US. While tere will be no new interest rate hikes, investors are worried about what Fed Chairman Jerome Powell will say about the state of the country's economy.    In particular, the question on everyone's mind...

27% increase in gold imports, Gold imports have increased by 26.70 per cent to Rs 2.98 lakh crore during the April-December period, the government said. gold import In the same period last fiscal, imports stood at Rs 2.36 lakh crore. According to data released by the Ministry of Commerce, gold imports rose 157 percent to Rs 24,900 crore in December 2023. Switzerland is the largest source of the country's gold imports, accounting for nearly 41 percent. This is followed by United Arab Emirates contributing 13 percent and South Africa 10 percent. Gold accounts for more than 5 percent of the country's total imports. Currently, import duty on gold is 15 percent. Despite the increase in gold imports, the country's trade deficit narrowed to Rs 15.61 lakh crore in the April-December period of the current financial year. It was Rs 17.62 lakh crore in the corresponding period of the previous financial year. During the same period, exports of gems and jewelery declined by 16.16...

According to a report published by the Ministry of Finance, the economic growth of the country may be close to seven percent in the coming financial year 2024-25. Economy growth The report further states Titled ' Indian Economy A Survey', the report said that there is no pre-Budget Economic Survey and that the report will be released before the full budget to be tabled after the Parli elections. The paper is presented by officials from the office of Chief Economic Adviser Anantha Nageswaran. Strong domestic demand has driven the country's economy to grow by more than seven percent over the past three years. Due to the reforms and measures taken by the government over the last ten years, private consumption and investments and domestic demand have increased. Distribution has also been strengthened by investing in infrastructure and measures aimed at boosting productivity.  Together, these have provided impetus to the country's economic activities. Thus, in ...

Last year, global corporate investment in the solar sector was at a 10-year high of nearly Rs 2.84 lakh crore, according to a Mercom report. solar sector In this regard, further information has been given as follows, By 2022, the total corporate investment in the solar sector was close to Rs 2 lakh crore. It has increased by 42 percent last year to nearly Rs 2.84 lakh crore. These corporate investments include venture capital, public market and debt financing. In the solar sector, global venture capital and private equity investment stood at nearly Rs 57,000 crore. Borrowed funds have reached a 10-year high. Likewise, venture investments and funds raised in the public market recorded the second largest amount after 2010. Investment in the sector has peaked despite high interest rates and challenging market conditions.

Five Investment Mistakes You Should Avoid, It is important to build wealth and invest wisely. Choosing suitable financial instruments, deciding the investment period are things to think about while deciding the investment strategy. Attention should also be paid to the risk aspect. Strategies should also be adopted to maximize return on investment. Along with seeking the right path, avoid common mistakes in investing. Investment plan Here are five major mistakes investors should avoid. DIRECT INVESTMENT EQUITY INVESTMENT: Highly profitable. But. It is a mistake to engage in direct equity investment without sufficient experience. Direct investment should only be resorted to if you have the ability to thoroughly research and buy a stock and have the ability to monitor its performance regularly. Expansion Strategy: Mutual funds are the best option for retail investors to invest in stocks. In any investment, expansion is emphasized. However, over-expansion should be avoided. It...

In the country, the average selling price of cars has increased by up to 50 per cent in the last five years, according to industry sources. Vehicles sales. In this regard, it was informed by the persons related to the department, Last year 2018-19, the average selling price of cars was Rs 7.65 lakh. Current expenditure on 2023-24 has increased by more than 50 per cent to Rs 11.50 lakh. Consumer preferences towards luxury amenities, changing regulatory norms and craze for SUVs are the main reasons behind this price hike. Customers want more comfort in their vehicles. They opt for the 'top end' model with more features. For example, nobody buys cars without AC these days. But there was a market demand for it at an earlier period. Also, there has been a big change in choosing the type of vehicle. People now prefer to buy SUVs rather than hatchbacks. Average selling price of passenger vehicles 2018-19 Rs. 7.65 lakhs. 2023-24 Rs. 11.5 lakhs. 50% increase. As a result, vehicl...

In the development of digital currency Intensity: Nirmala Sitharaman   Digital currency Will digital currency replace paper money in India Finance Minister Nirmala Sitharaman said that the central government and the Reserve Bank are actively involved in promoting digital currency. He also informed that digital currency will help in cross-border payments. The Reserve Bank introduced digital currency in the wholesale segment on a pilot basis in November 2022. RBI selected nine banks to implement the scheme. And in December of the same year, Digital currency is also being introduced in the retail segment on a trial run. However, Finance Minister Nirmala Sitharaman has said that she is confident that digital currency will help cross-border payments. He further said that digital currency helps speed up payments at low cost and reduces the cost of sending and receiving money. He said that the central government and the Reserve Bank are actively involved in promoting the cur...

In the last 10 years, the number of income tax filers in the country has doubled to 7.78 crore, according to the Central Board of Direct Taxes. Tax payers  In this regard, the Central Board of Direct Taxes further stated that, In the last financial year, the number of income tax filers in the country was 7.78 crore. This is an increase of 104.91 per cent as compared to 3.80 crore in the previous financial year 2013-14. Net tax revenue also increased by 160.52 percent during this period. The net tax revenue increased to Rs 16.64 lakh crore in the last financial year from Rs 6.39 lakh crore in 2013-14. Also, the total tax revenue has increased from Rs 7.22 lakh crore in the last financial year 2014 to Rs 19.72 lakh crore in the last financial year 2023. Whereas the ratio of tax to gross domestic product has increased from 5.62 percent to 6.11 percent. Contribution of direct taxation to GDP.. 2001...3.25 percent. 2008...6.30 percent. 2014...5.62 percent. 2021...4.78 percent. 2023...

The Government of Tamil Nadu is going to implement the 'Smart Card' scheme to provide registration fees for government permits to start-up companies at concessional rates. Startups business  What is the startup scheme of tamilnadu  In this regard, an official of the Small, Small and Medium Enterprises Department said, If you want to start a company, you need to create a website for it. It is developed by software companies. It has to be paid for. Also permission should be obtained from various departments of Central and State Governments. For that, you have to pay a separate fee for each. Tax must be filed. For the above tasks, industrial companies approach various service companies. They charge high fees for each service separately. These costs cannot be met by the new startups. Therefore, smart card scheme is going to be implemented to benefit those companies. 'Start Up TN' will negotiate with the service providers to get concessional rates. In the smart card, ...

ETF it means what? Mutual fund and E.T. What is the difference between f. How are these earnings calculated? Globally, E.T.F. Is there,  Mutual fund and ETF, 'Nipty 50' is not the only index in the national stock market, There are 350 indices based on different sectoral material strategies. These indices are constructed with certain pre-sampled stocks specific to their respective features. These include banking sector, IT, metals, private banking and retail. The shares in them are added in a specific ratio and the respective index is formulated. Mutual fund companies have two options. One is to replicate the percentage weightage of each stock in these indices and invest accordingly.  This is the ETF. A so called exchange traded commodity.  This is the same development as the index ETF will reach A second option is to run a mutual fund scheme based on those indices. For example, if you take 'midcap fund', you can invest in any stock in that cat...

Current trends and predictions for AI in 2024, AI technologies, What is the prediction for AI in 2024 Artificial Intelligence (AI) is a rapidly growing field with many applications and implications for various disciplines and domains. AI will continue to impact a variety of sectors, from healthcare and education to transportation and entertainment. AI will address ethical considerations and regulatory challenges, ensuring responsible and beneficial deployment, AI will see more investment and innovation from big companies and startups , and more competition and collaboration among them, AI creates large and multimodal models, especially in video and audio generation, and agent-based models that can interact with various interfaces and environments. AI will reveal the limitations and shortcomings of large language models and the need for greater diversity, robustness, and interpretation in AI systems.   These are some of the expected trends of AI in 2024 Advances.

India's foreign exchange reserves increased to over $61 billion in the week ended 12th. Foreign exchange  According to RBI statistics Jan.  The country's foreign exchange reserves increased by $163.4 crore to $61,890 crore in the week ended 12.Jan.  It fell by $589 crore to $62,320 crore in the previous week ended 5th. In October 2021, the country's foreign exchange reserves reached $64,500 crore.  It has been falling from time to time as the RBI uses foreign exchange reserves to protect the rupee amid pressures from global economic conditions.Foreign currency assets, the main component of foreign exchange reserves, rose by $185.9 crore to $54,850.8 crore in the week ended 12th. Fluctuations in holdings of non-dollar currencies like euro, pound, yen and other currencies are dollar-denominated foreign currency assets. The country's gold reserves fell by $24.2 billion to $4,724.7 billion in the assessment week. Special drawing rights (SDR) rose by $1.2 bi...

There is no iron ore export program to China. to increase iron ore production to meet domestic demand; The National Mineral Development Corporation (MDC) said that there is no need for any export projects to China.   Iron ore export, PSU NMTC has said it will increase iron ore production to meet the growing demand from the domestic steel industry. The country's iron ore demand is at an all-time high; NMTC also said that the company is committed to meet the demand of domestic steel producers. Despite rising iron ore export prices, net sales in the domestic market have been good, the company said. While it was reported that NMDC was planning to export iron ore to China, the company denied that there was any such plan. Operating under the Ministry of Iron and Steel, the company is the country's largest iron ore producer. It meets 20 percent of domestic iron ore demand. The company has set a target to produce 10 crore tonnes of iron ore by 2030.

HDFC Bank has lost Rs 1.45 lakh crore in market value in the last two days alone. Bank Ki's equity stake is 11 percent have seen a decline. HDfC Bank Why did HDFC Bank crash today? Recently, HDFC Bank's December quarter results, which came out, did not satisfy the investors, and the bank's shares started to fall the day before yesterday. This decline continued yesterday. Because of this, the bank's shares fell 3.26 percent to Rs 1,487 on the Mumbai Stock Exchange yesterday; The National Stock Exchange fell 3.09 percent to Rs 1,490. The bank's shares have fallen by 11.44 percent in the last two days alone. In the last two days alone, the bank has lost Rs 1.45 lakh crore in its market value. At the end of trading hours yesterday, the bank's market capitalization stood at Rs 11.29 lakh crore. On the one hand, HDFC on the other hand is the eighth largest banking institution with the highest number of employees. HDFC has more than 2 lakh employees ...

There will be a stock market tomorrow, The Mumbai Stock Exchange and the National Stock Exchange will hold a special trading session tomorrow, Saturday. Mumbai Stock Exchange Is Indian stock market open on 20th Jan 2024? In case there is any impact on the trading of the stock market due to reasons like calamity, facilities to continue the trading immediately, the markets have been established in another part of the country. Are these alternative arrangements in place and are markets prepared to handle unexpected events? SEBI, the regulatory body of the stock markets , has ordered to check. Tomorrow, special trading will be conducted as part of efforts to shift market operations from the primary trading floor to the disaster recovery floor. This special trading session will be applicable only for equity and equity derivatives segments, the PSE said. It is also reported that this is taking place under the rules of SEBI.

There is no intention to avoid the dollar; Reserve Bank Governor Shaktikanta Das has said that the dollar will continue to be the dominant currency. US Dollar At the World Economic Forum held in Davos, Shakti Kanta Das said, Efforts to make the Indian rupee a global currency are not intended to bypass the dollar. Total dependence on a single currency can make global trade volatile. Due to this, demand for multiple currencies may arise. RBI has been able to achieve monetary stability. This makes it suitable for foreign companies to invest in India and domestic companies to enter foreign markets. With India's increasing share in international trade ,The economy is expanding. Gradually India has entered new markets, products and services. Presently the aim is to provide the rupee as an alternative currency in international trade. Apart from that, there is no intention to move the non-dollar position towards, The dollar will continue to be the dominant currency. Top ...

Shares of the largest private bank HDFC fell 8 percent yesterday after it released its third quarter results the day before yesterday. Also, the bank lost Rs 1 lakh crore in its market value. HDFC Bank, Why did HDFC Bank crash today The bank's shares fell by 12.70 percent during the Corona period in 2020. This is the maximum decline since then. HDFC Bank merged with its parent company HDFC Bank last July.  In this case, the past The consolidated results for the December quarter were released yesterday by HDFC Bank. The consolidated net profit of the bank in December compared to last September quarter was H. It reported an increase of 2.65 per cent from Rs 17,258 crore previously, while standalone net profit rose 2.48 per cent to Rs 16,372 crore. This does not bode well for stock market traders. Following this, the bank's share price fell by 8.46 percent to Rs 1,537 at the end of trading hours yesterday on the Mumbai Stock Exchange. The stock fell 8.15 percent...

LIC overtakes SBI in high market cap, Shares of public sector insurance giant LIC crossed their first ever listing price of Rs 867.20 yesterday. LIC stock  During trading hours yesterday, the company's shares not only crossed the listed price as they touched Rs 895; Exceeds the price offered to policyholders .  The company's shares have gained 11 percent in the last one month alone. It has also increased by 43 percent in the last six months. Apart from this, the country has a high market value LIC is on the verge of becoming a Public Sector Undertaking. Currently, SBI is at the top with a market capitalization of Rs 5.72 lakh crore. LIC is second with a market capitalization of Rs 5.64 lakh crore.  This is a significant improvement as only 3.50 percent of LIC's shares are being traded in the market. The company's share price rose 4.42 percent to settle at Rs 892.50 at the close of trading yesterday.

Foreign investors, wary of this prevailing interest rate environment, invested only about Rs 3,900 crore in the Indian stock markets in the first two weeks of this month. Stock market foreign investors, What are the issues faced by foreign investors in India This is very low compared to the Rs 66,134 crore investment made in the previous month of December. Earlier they had invested Rs 9000 crore in the month of November. In this regard, market sources said: Till January 12, foreign investors have invested 3864 crore rupees in Indian stocks. Foreign investors are acting cautiously as the uncertainty in the interest rate environment recedes and clears the situation before taking a decision to invest in emerging markets such as India. The ongoing global tension due to war also plays a major role in their investment decisions. Last September, 'JP Morgan' Foreign investors have been more optimistic about the country's debt market for the past few months after finan...

As the stock market has reached its peak in the recent past, investors are keen to think about how the approach should be for the future. Stock market vs election  Is a market peak a moment to take profits?  Or questions have arisen as to how the investment strategy should be in accordance with the trend of the market. Against this backdrop, the fact that general elections are to be held in the country this year assumes significance. As the election period is said to have an impact on the market trend, the question of how the market trend will be in the coming months also becomes important. Fluctuation Generally, as the general election of the country has a major impact on the stock market, the course of the election is expected to be one of the determinants of the market trend. And this year, the fact that the presidential election will be held in the United States also takes on added significance. This also increases the impact.  Judging by the results ...

International investment firm Goldman Sachs estimates that the number of Indians earning more than Rs 8.3 lakh per annum will reach 10 crore by 2027. Annual income increase A growing Indian economy Goldman Sachs has released a study on Indian income, consumption capacity, assets, etc. India is the 5th largest economy in the world. It is expected to advance to the 3rd position by 2027. Annual Rs. The number of 8.3 lakh income earning Indians was 2.4 crore in 2015 and now it has increased to 6 crore. It is estimated to rise to 10 crore by 2027. The main reason for this is that the sector including food, clothing and ornaments is expected to see growth. People's direct investment in stock market apart from gold and real estate has increased tremendously in the last 5 years. Currently there are more than 12 crore demat accounts in India. At the same time, there is still a large disparity in spending power between the upper class and the middle class, the report said. ...

The signature on the back of a bank cheque is called an endorsement. It means that you are giving permission to the bank to process the cheque and transfer the money to the payee's account. The signature also helps the bank to verify your identity and prevent fraud.   bank cheque We put our signature on the back of a bank cheque for two main reasons 1. Verification, Your signature on the back of the cheque, also known as an endorsement, acts as a form of identification. When you deposit or cash the cheque, the bank compares your signature on the back with the one on file in your account. This helps to ensure that the rightful recipient is claiming the funds. 2. Authorization, By signing the cheque, you are essentially instructing the bank to transfer the funds from the drawer's account to your account. Your signature serves as your authorization for the bank to complete the transaction. In addition to these two main reasons, there are a few other benefits to signing...

India is working towards the goal of becoming a developed country in the next 25 years, 'Vibrant Gujarat 2024' Prime Minister Modi said. Vibrant Gujarat 2024,   What is Gujarat vibrant summit 2024 The 10th conference of 'Vibrant Gujarat 2024 ' started yesterday in Gandhi Nagar, Gujarat. This conference was first started in 2003 when Prime Minister Modi was the Chief Minister of Gujarat. Prime Minister Modi inaugurated the conference, which is now celebrating its 20th year. In connection with this conference, many leading companies of the country including 'Tata, Reliance, Adani Group' have come forward to make large investments. Inaugurating the conference, Prime Minister Modi said, Recently, India completed its 75th year of independence. It is currently working towards its next 25-year goal of becoming a developed country as it celebrates its sixtieth year of independence. In that way, today India has progressed to become the fifth largest economy in the wor...

Vehicle sales in India rose 11 percent last year, according to the Automobile Dealers Association. vehicle sales 2022 to 2023. What is the car sales forecast for 2023 in India? The country's total vehicle sales in the year 2022 was 2.14 crore. It increased by 11 percent to 2.38 crore last year. Passenger vehicles increased by 11 percent, two-wheelers by 9 percent and three-wheelers by 58 percent. Similarly, commercial vehicles and tractor saw a rise of almost 8 percent. In this regard, the Agents Vehicle Association has informed Every segment under the automotive sector is likely to move towards growth this year as well. With new introductions and a stable market, passenger vehicle sales are expected to grow. Vehicle Sales 2022-2023 Section..2 Wheelers..2022. 1.55 crore. 2023. 1.70 crore growth.. 9.00%. Section...3 Wheelers..2022. 6.81 lakh.. 2023. 10.80 lakh. Growth.. 58.00%., Sect..Passenger Vehicles..2022. 34,89 lakhs.. 2023.. 38,60 lakhs. Growth..11.00%....

An unprecedented amount of 6 lakh 64,180 crore rupees investments have been made at the World Investors Conference. Through these, 26 lakh 90,657 job opportunities will be created, said Chief Minister Stalin. Tamilnadu global investing 2024 What was the deal at the end of the investor conference? The department spoken by the Chief Minister at the closing ceremony of the conference is: This conference It will be a big leap in the industrial development of Tamil Nadu. The uniqueness and innovation of the conference will be talked about forever. The total investment finalized at the conference is Rs 6 lakh 64,180 crore. 26.91 lakh jobs will be available 14.55 lakhs in terms of direct employment through these schemes; A total of 26.91 lakh people will get employment at a...

It has been reported that the Tamil Nadu government has attracted investments to the tune of 6 lakh crore rupees at the World Investors Conference.   global investment 2024 Investment in what projects in Tamil Nadu The Tamil Nadu government has planned to attract investment worth Rs 5.50 lakh crore through the World Investors Conference 2024. The first day of the conference started yesterday. Chief Minister Stalin, Union Industry and Commerce Minister Piyush Goyal, CEOs of various industrial companies and investors participated. In the conference, various companies entered into a memorandum of understanding with the government to start business in the fields of  Electronics and Green Power Project. It is reported that investments worth 6 lakh crore rupees have been attracted through this conference. In the power sector, investments to the tune of Rs 1.35 lakh crore have been attracted. In wind power project, 2,477 MW; 15,601 MW of Suryashakti power project is called 'Hybri...

Adani topped the list of richest people, leaving Ambani behind, Businessman Adani has once again topped the list of India's richest people.   Ambani vs adani He has a net worth of $97.6 billion. The Hindenburg report said that the ``Adani Group'' of the famous businessman Gautam Adani is committing fraud in the stock market trading.  As a result, Adani Group shares fell.  Due to this, Adani, who was dominating the list of the world's richest people, suffered a setback. The Supreme Court heard the case and said,"There is no need for a Special Investigation Committee or CBI investigation in this matter.  SEBI directed to complete its investigation within three months.  After this, the shares of companies belonging to Adani Group saw an increase in the stock market. In this case, in the list published ...

That's a remarkable surge in demat account openings! 41.78 lakh in a single month is a significant indicator of increased interest in the Indian stock market. This surge surpasses all previous records, highlighting a growing trend of financialization and participation in capital markets. New demat account  growth of demat accounts in india In 2024, December was the best month for the stock market. Sensex has gained 7.84 percent and Nifty 7.94 percent in December alone. As a result, new investors have jumped into the stock market by opening demat accounts. Whenever the stock market goes to new highs, new investors come in. But starting an investment when the stock market is falling can be more rewarding. Several factors might be contributing to this phenomenon, Positive market sentiment, The Indian stock market has been performing well in recent months, reaching new highs. This success might be attracting new investors who see potential for growth . Increased awareness and acce...

Blending ethanol with petrol has indeed resulted in significant foreign exchange savings for India. According to recent reports, the program saved over 24,300 crore rupees in foreign exchange during the 2022-23 supply year. This is a remarkable achievement, and it's worth understanding how it came about.   Ethanol petrol Here are some key points to consider, Aiming to reduce crude oil import costs and carbon emissions, the government introduced the 'E-20' blending system in April last year. E-20 means that 20 percent ethanol is added to the gasoline. Currently selling more than 9,300 fuel units. Ethanol is a renewable fuel produced from agricultural sources like sugarcane and corn. By blending it with petrol, India reduces its dependence on imported crude oil, which is a major drain on foreign exchange reserves. The government has been actively promoting ethanol blending through various policies and incentives. The target is to achieve 20% ethanol blending b...

Manufacturing sector production growth is at an all-time low, The country's manufacturing sector output growth slowed to an 18-month low in December. manufacturing sector What is the growth rate of the manufacturing sector Despite the decrease in inflation, the main reason for this is that the orders and production of industrial roads increased at a slow pace, the 'S&P, Global' company said. The company has conducted a study and published a report on the December production situation of 400 companies belonging to eight categories including metal, chemical, paper, food and textile. The report states that, The country's manufacturing sector output growth-based PMI index fell to an 18-month low of 54.90 points in December, down from 56 points in November last year. However, if the index is above 50 points, it indicates growth. Below 50 points indicates a decline. That way, development is on the way. Although the PMI index fell slightly, the manufacturing...