22k market news

Today's trade news, South Asia's largest Adani launch complex, iron ore exports hit 18-month high in January, and new IPO, release.., see what else. South Asia's largest 'Adani' missile complex Kanpur, Adani Group's two largest explosives and missile manufacturing plants were inaugurated yesterday in Kanpur, Uttar Pradesh. These are South Asia's largest explosives and missile complex. With this, Adani Group has further strengthened its presence in defense manufacturing. The 500-acre plant was built by Adani Defense and Aerospace, a subsidiary of the Adani Group, at an investment of Rs 3,000 crore. The plant was inaugurated by Uttar Pradesh Chief Minister Yogi Adityanath. The Adani Group said it will reinforce the government's policy of a self-reliant India and lead to technological advancement in the defense sector. January steel exports hit an 18-month high NEW DELHI: India's steel exports rose to an 18-month high in January last y...

Shares of pharmaceuticals maker Alkem Labs tumbled 14 percent to Rs 4,653 in intra-hour trade yesterday on the Mumbai Stock Exchange amid allegations of tax evasion. Tax complaint In this regard, informed sources said This is the lowest price of the company's stock in the last three months. However, the stock price rose to Rs 5,013 by the end of trading hours. The company's share price fell following reports that the Income Tax department had found the company involved in tax evasion of over Rs 1,000 crore. The Income Tax department has found that more than Rs 1,000 crore of false income tax deductions have been claimed for the company's manufacturing plants in Sikkim. Also, it has been discovered that various special sections under the Income Tax Act have been misused to avail such exemptions. Also, the Income Tax Department's probe found that Alkem ​​Labs paid doctors and medical students to prescribe their company's drugs to patients. At the end ...

India tops in IPO issuance, It has been revealed that last year the Indian stock market ranked first in the world in terms of IPOs. I expect this to continue this year as well.   NEW IPO India top What is the success rate of IPO in India In a report published by EY, a stock market research company, it has been reported that in the quarter ended with December last year, there was a large share issue in the Indian stock markets. During the quarter, there were 31 share issues on the Mumbai and National Stock Exchanges. This is higher than the corresponding period of the previous year. Also, equity issuances by small and medium enterprises have also increased over the corresponding period of the previous year. While share issuances were sluggish in the first half of last fiscal, the share issuance activity picked up thereafter, the report said. It has also been reported that with the number of applications related to share issue permission being filed, we can expect ...

The Dubai administration has introduced a five-year 'Multiple Entry Visa' for the benefit of Indians traveling to Dubai from our country. India to dubai What is new 5 year visa Dubai Located in the West Asian country of United Arab Emirates, Dubai is one of the best tourist destinations in the world. Passenger increase, Indians are living there in large numbers. Not only that, 20 lakh people from our country travel to that country every year. Last year alone, 2.4 lakh people visited Emirates. In particular, the arrival of international travelers to the tourist city of Dubai is increasing day by day. In the last 2019 before Corona, 19 lakh Indians visited Dubai, during the Corona period it decreased drastically. In 2022, it was 18 lakh, but last year it increased to 24 lakh. With the number of travelers from our country to Dubai increasing by 34 per cent every year, Indians are the number one foreign tourists coming there. In this case, in order to further increa...

Investments in hybrid mutual funds rise to Rs 21,000 crore in January, Hybrid mutual funds attracted an investment of Rs 20,634 crore in January last year, according to data from the Association of Mutual Funds (Ambi).  Hybrid mutual funds Is it good to invest in hybrid mutual funds Hybrid mutual funds have become very popular among investors in recent times. 20,634 in January last year accordingly These funds have received an investment of crores of rupees. This is a 37 percent increase from the previous month. Following this, in the April-January period of the current financial year, the total inflows of these mutual funds have reached Rs 1.21 lakh crore. 2023 after the changes in taxation on debt funds Hybrid mutual funds have been investing heavily since April. Hybrid funds are one of the mutual fund schemes. These are invested in a mix of stocks and bonds. In some projects investments will be made in addition to gold. Hybrid Mutual Funds are preferred by invest...

Tata Group invests Rs 2,300 crore in Karnataka, Air India and Tata Advanced Systems are planning to invest Rs 2,300 crore in Karnataka, Chief Minister Siddaramaiah said on Monday. TATA GROUP He further said on his 'X' social media page: To the Tata Group Owned by Air India and aircraft parts maker Tata Advanced Systems, both have invested Rs 2,300 crore for various projects in Karnataka. are to invest. Out of the total investment, Air India plans to invest Rs 1,300 crore for projects including aircraft repair and maintenance at Bengaluru airport. This will provide employment to 1,200 people directly and more than 25,000 people indirectly. Similarly, Tata Advanced Systems is investing in setting up manufacturing, research and development facilities in the state is to do. Tata Advanced Systems, Europe Doors for the aircraft manufacturer's Airbus A320 Neo cargo aircraft prepares The company has earmarked Rs 1,030 crore for three projects. Out of this, Rs 420 crore...

Tatar Group's market value is reported to be greater than Pakistan's GDP. TATA group The market capitalization of the group has reached nearly Rs 30.30 lakh crore. This is higher than Pakistan's GDP of Rs 28.30 lakh crore. Of this, TCS alone has a market value of nearly 14.77 lakh crore rupees, more than 50 percent of Pakistan's GDP. Tata Group recently became the first Indian conglomerate to reach a market capitalization of Rs 30 lakh crore.  The reason for this is the rise in share prices of companies such as TCS, Tata Motors and Tata Power under this group. Last year alone, Tata Group's market capitalization rose to nearly Rs 6.13 lakh crore. The combined value of Reliance, TCS, HDFC, Bank and Infosys is nearly Rs 89.97 lakh crore. This is more than the combined GDP of Bangladesh, Pakistan, Nepal, Sri Lanka, Bhutan and Maldives. List of countries, Bangladesh..37,01. Pakistan..28.27. Sri Lanka..6.21. Nepal...3.43. Maldives...0.57. Bhutan..0.22....

How to decide the right time to get a home loan, Deciding to buy a home is a major milestone and can be both exciting and challenging. Because while applying for home loan facility, interest rate trends and loan prices can be confusing. Borrow at the current interest rate or wait until the interest rate drops and reap the benefits?  Home loan management. Many people may be confused. However, apart from the interest rate, other relevant aspects should also be taken into consideration while availing a home loan. Preparedness: Financial preparedness is important when trying to get a home loan. Banks force borrowers to pay 20 percent of the home's value. This will also help in reducing debt burden. So, first you need to prepare the amount to be paid. Debt Liabilities: A home loan is a long-term liability. Pay monthly installments for several years. If there are already installments for other loans, the installment burden may increase. Hence, it is advisable to reduce...

TVS Motors is the country's sixth automaker to reach a market capitalization of Rs 1 lakh crore. TVS, a Chennai-based company, reached this milestone last Friday. It is noteworthy that the company's share price has increased by 60 percent in the last six months alone. Tvs Motors  Last Friday, the company's  share price rose 2.25 percent to Rs 2,140 at the end of trading hours on the National Stock Exchange. The rise in share price has not only boosted the company's market value, but also elevated TVS Motors ' status as one of the world's leading automotive companies. Market value in vehicles. Maruti Suzuki..Market Value. 3.50 lakh crore. Tata Motors.. Market Value..3.12 Lakh Crore. Bajaj Auto.. Market Value..2.36. Mahindra and Mahindra.. market value.. 2.28 lakh crore. Eicher Motors.. Market Value.. 1.08 Lakh Crore. TVS, Motors.. Market Value.. 1.02 Lakh Crore. In October last year, TVS surpassed the market capitalization of Japanese two-wheel...

The 'Association of Gold Credit Institutions' has asked the RBI to take action against banks that offer loans against gold jewellery, alleging they are violating the rules. Gold loan RBI's ratio of how much to lend against a property's value is called LTV. Considering the hardship of the people during the Corona period and to help them, the RBI has increased the LTV against gold jewelery pawned for non-agricultural purposes from 75 per cent to 90 per cent. It also said that this offer will be valid from August 2020 to March 31, 2021 only. In this case, till now many banks have been providing loans against gold ornaments and jewelery on the same rate basis, according to the Gold Loan Companies Association. In this regard, the association has informed as follows: As some public sector and private banks continue to violate the rules of LTV, we have complained to the Reserve Bank. Loan value  As of March 2022, the total outstanding gold loans of banks and non-...

Is there 800 tonnes of gold in RBI's locker? If this is used, the economy of our country will be of great benefit, says Rajaram. Let's see in detail what it is. Chairman of International Financial Services Centers Authority Rajarama, What is the gold refining capacity of India India has great potential for setting up gold refineries, says IFSCA. Chairman of International Financial Services Centers Authority Rajaraman said. He further said, As India is the largest importer of gold in the world, it would be convenient to set up a gold refinery here. Apart from being the hub of hammer gold trade, India has the potential to play a key role in its supply chain. Considering that India is a major importer of gold, there are great opportunities for refining here as well. India imports 250 tonnes of gold bars annually for refining. Consideration should be given to gold refining at Gipt City, Gujarat. Regulations for its implementation are in place and, if any improveme...

Reliance Industries became the first listed Indian company to reach a market capitalization of Rs 20 lakh crore,   Reliance Industries Yesterday, the company's shares rose as much as 2 percent in mid-hours trading. Following this, Reliance Industries became the first listed company in the country to reach a market capitalization of Rs 20 lakh crore.  However, by the end of trading hours yesterday too, the company's market capitalization fell to Rs 19.81 lakh crore. At the close of trading yesterday, the company's share price was on the Mumbai Stock Exchange 2,929 was Rs. The recent surge in Reliance's market value has also helped its founder Mukesh Ambani's net worth rise to Rs 9.05 lakh crore. In the current year alone, so far, Mukesh Ambani's wealth has increased to Rs 1.04 lakh crore. Currently, Ambani is at the 11th position in the list of the world's richest people.

RBI's strict action is increasing. After recently taking action against 'Paytm Payments' bank, now it is going to take strict action against companies issuing corporate cards or business cards. New Regulation for Fintech Firms As a result, fintech companies are in a quandary about their position. RBI has directed Visa and MasterCard to stop accepting payments through commercial cards. According to industry sources, the Reserve Bank has taken this step to stop card payments to merchants who do not comply with KYC rules. Following RBI's intimation, Visa, MasterCard companies, KYCs have temporarily suspended their services to all non-compliant merchants and business outlets. However, for this announcement to come Visa said that any pre-authorized transaction will be processed as per existing procedures. Although the reasons for this action are not clear, it is said that the RBI has taken this decision with the aim of avoiding card payments to merchants who do...

Tata Motors has reduced the price of its electric vehicles by almost Rs 1.20 lakh. Tata Motors, Vivek Srivatsail, Chief Commercial Officer of the company said Tata Passenger Electric Mobility, the electric vehicle arm of Tata Motors, has slashed the prices of its electric cars significantly, following a drop in battery prices for electric vehicles. In the overall cost of an electric vehicle, the cost of the battery comprises a significant portion. As the cost of batteries has decreased recently and is expected to decrease further in the future, we have proactively reduced the prices of our electric car models to benefit our customers. Accordingly, the price of the 'Nexon' electric vehicle has been reduced by Rs 1.20 lakh and now, it starts at Rs 14.49 lakh. Similarly, the price of the 'Diago' model is up to 70,000 rupees Reduced and now, it starts at Rs 7.99 lakh. The recently launched 'Punch' model, which already includes a battery price cut, re...

Top 500 private companies, and government with direct tax collection of 15.60 lakh crore profit, and reduction of government debt will boost growth, Shaktikanta Das believes. If government debt decreases, growth will increase RBI Governor Shaktikanta Das has said that the government's low level of borrowing will help increase capital in the private sector, resulting in lower inflation and higher growth. In this regard, he further informed that: Finance Minister Nirmala Sitharaman has proposed to borrow 14.13 lakh crore rupees in her interim budget to overcome the revenue shortfall in the next financial year. This is lower than last year's total credit estimate of Rs 15.43 lakh crore. And this year's debt levels are lower than expected. Lower borrowing by the government will ensure more funds are available in the banking system. This will help meet the needs of the private sector and lead to growth. He said this. Electric vehicle sector to reach Rs 3.32 lakh ...

Growing Interest in SIP Investment Despite the volatility, SIP and Demet accounts have increased as a sign of investor confidence in the stock market. SIP investment Why should investors stay invested during market volatility In January, 51.84 lakh people registered for SIP, which provides an opportunity to invest in mutual funds. This is 29 percent more than the previous month. Also, the total number of SIP accounts is 7.92 crore. In the first nine months of the financial year, 3.36 crore new SIP accounts were registered. However, more than 23 lakh members have opted out of SIPs. Strong economic fundamentals, corporate earnings, low inflation are considered as reasons for investor confidence in the market. New investors entering the market have also increased as a sign of increased investor confidence. Demet account opening for equity investment has also increased. Stock market indices Sensex and Nifty rose 19 and 20 percent last year. Analysis of last week trend and...

In the fourth tranche of gold bonds to be issued by the Reserve Bank, the price of one gram of gold has been fixed at Rs 6,263. Gold bonds What is the new price of gold bond 2023-2024 RBI is going to release the fourth tranche of gold bonds from 12th to 16th.  In this, the average price of 24 carat gold for the last three days of the last week is Rs 6,263 as the price of the gold bond. In case of online purchase, a discount of Rs 50 per gram will be given and the price will be Rs 6,213, RBI said. The central government announced the Gold Savings Bond Scheme in November 2015 as part of a move to reduce gold imports. Reserve Bank of India issues gold bonds on behalf of the central government . That way, gold can be stored in document form. One gram of gold is given as one unit. Investments in these gold bonds can be made through public sector and private banks, post offices, National Stock Exchange and Mumbai Stock Exchange. A maximum of four kilos per person per annum...

Foreign exchange rose to Rs 51.66 lakh crore, The Reserve Bank has reported that the country's foreign exchange reserves have increased by 47 thousand crore rupees to nearly 51.66 lakh crore rupees in the week ended 2nd. Foreign exchange The Reserve has further informed that The country's foreign exchange reserves rose by Rs 47,000 crore to nearly Rs 61.66 lakh crore in the week ended 2nd. In the previous week , total reserves increased by Rs 4,905 crore to 51.19 . It was lakhs of rupees. During the assessment week, gold reserves increased by Rs 5,046 crore to Rs 3.99 lakh crore. Reserve Bank has said this. India attracts foreign direct investment Union Minister Piyush Goyal has said that India will continue to be a preferred destination for foreign direct investment despite rising interest rates globally. He further stated: As interest rates are rising all over the world, including the United States, capital is beginning to flow back to developed countries. Due t...

In January last year, investment in equity-based mutual funds reached a two-year high of Rs 21,780 crore, according to the Indian Mutual Fund Association, 'Ambi'. Mutual fund investment,   As of March 2022, equity mutual fund investment stood at Rs 28,463 crore. After this, the maximum investment in mutual funds in a month was last month. Accordingly, in the month of January, the total investment made in equity mutual funds was Rs 21,780 crore. Also, this is 28 percent higher than the December investment of Rs 16,997 crore. Monthly SIP and mutual fund investments also hit an all-time high of Rs 18,838 crore. Earlier, it was Rs 17,610 last December. Similarly, 51.84 lakh new SIP accounts were registered last month. Also, Rs 75,560 crore was invested in debt-based mutual fund schemes and Rs 20,637 crore in hybrid mutual fund schemes last month. Overall, the mutual fund sector - last January attracted investments of Rs 1.23 lakh crore.

Gautam Adani, one of India's leading business tycoons and chairman of the Adani Group, has again entered the world's richest list. Recovering from the slump, he has rejoined the $100 billion club. Gautam Adani, What is the position of Adani in the world 2024? After the release of the Hindenburg report in January last year, Adani's assets saw a steep decline. The Hindenburg Report In this case, almost a year after the publication of the Hindenburg report, the property value of industrialist Gautam Adani has again reached 8.30 lakh crore rupees. Currently, Adani's assets have increased by Rs 22,400 crore to Rs 8.36 lakh crore. This is Adani's highest asset value in a year. Following this, Adani is ranked 12th in the list of the world's richest people, next to Mukesh Ambani. While Ambani's net worth reached a record high earlier this month, Adani's net worth is Rs 4.15 lakh crore less than its 2022 peak.   Adani's assets saw a decline of o...

Central government's 'Bharat' brand of pulses has been well received by the people and has become the best selling brand. Bharat rice, food products, In an attempt to control the retail price of food items, the central government has started the sale of pea dal at subsidized prices under the brand name Bharat. A kg of pulses is sold at Rs 60 and a 30 kg bag is sold at Rs 55 per kg. These are sold through retail outlets of national cooperatives. Also, it is available on various e-commerce platforms. Just like pulses are sold at affordable prices, Atta is also sold at affordable prices under the Bharat brand name. It is being sold at Rs 27.50 per kg. Following this, the Central Government has also introduced Bharat Rice this week. 5 lakh metric tonnes of rice has been earmarked for its retail sale. This rice is sold at Rs 29 per kg. This rice is sold in five and ten kg bags. Quality loving Indians Indian consumers want good quality products and service. H...

Not forgetting the recent quarterly results of HDFC Bank, India's largest private sector bank, made a big impact. Due to this, HDFC Bank shares have been struggling to recover from the decline for the past few days. Hdfc bank But it continues to decline as RBI approvals raise more questions among investors. Last week, the RBI approved an increase in the shareholding of central government-controlled LIC and HDFC Bank to 9.99 percent. In this situation, Reserve Bank has now allowed HDFC Bank Group to buy around 9.50 percent stake in 6 financial institutions namely IndusInd Bank, Yes Bank, Axis Bank, ICICI Bank, Suryothai Small Finance Bank and Bandhan Bank. HDFC Bank Group has explained to the stock exchange that HDFC Bank will not buy the shares of these 6 financial institutions, and approval has been received for the investments of its subsidiary companies HDFC Asset Management Company (AMC), HDFC Ergo and HDFC Life Insurance . The approval given by the RBI is valid f...

Rs. 25,000 crore IPO, 'Hyundai' Motor Company project According to reports, New ipo Hyundai motor Hyundai Motor Company is planning to raise nearly 25,000 crore rupees through a new IPO this year. South Korea-based Hyundai is planning to raise funds for its Indian arm ' Hyundai Motor India'. Accordingly, the Hyundai Motor India Group's operations are valued at around Rs 2.50 lakh crore and are expected to raise around Rs 25,000 crore. The valuation would be more than half of Hyundai's market cap in South Korea. It is said that Hyundai is in talks with investment banks such as 'JP, Morgan, Morgan Stanley, Citi, Bank of America'. In the last year 2022, LIC raised nearly Rs 21,000 crore through IPO. This is the largest fund ever raised through an IPO in India. If Hyundai goes ahead with the new share issue, it will be India's largest IPO.

LIC share price touched Rs 1,000, The share price of public sector insurance company LIC crossed the Rs 1,000 mark for the first time yesterday.  LIC stock price today, Iamge help google For the first time ever, LIC shares rose. The company's share price touched an all-time high of Rs 1,027.95 during the trading hours yesterday. However, at the end of trading hours, the stock price was Rs 995.75. Subsequently, the market value of the company was 6.33 lakh crore rupees yesterday. In the last 10 months alone, LIC's share price has increased by almost 94 percent. The country's high market capitalization public sector status is notable due to recent share price gains. Company named LIC has received The shares of LIC, which was listed on the stock exchanges in May 2022, have now crossed the Rs 1,000 mark for the first time. Shares of the company rose 20.74 percent in the last one month; 51.77 percent in six months; It has also increased by 65.83 percent in one ...

Ways to protect against UPI scams, Digital payments have become normal in recent life. UPI is the foundation of digital money transactions. The stage is located. UPI has made digital money transfer easy and widely accepted. However, taking advantage of the widespread nature of this facility, fraudsters have also increased. Therefore, it is important to know the ways in which UPI fraud is carried out and how to protect against them. UPI scams Ways of Fraud: Various with UPI, platform In ways, poisoners engage in fraud. Phishing involves providing access to false links, fraudulent calls, SIM fraud , mobile screen monitoring, and money extortion. These should be known. Web of Desire: Although various methods are adopted to deceive users, fraudsters can find some correlation in their approach. Most of the time, they enter the user account by sharing basic information, believing that the information is from banks. Extra Attention: When sending or receiving money Users should pa...

Determining ownership and access to funds in a long-dormant bank account depends on several factors, including: Bank account customer  Bank Account Regulation Who owns the money in the bank account.. Important thing you need to know. Who owns the money in the bank account.. Important rule you need to know..! Who owns the money in a long-dormant bank account? Can it be taken again? The Reserve  Bank of India has formulated certain norms for the operation of all bank accounts. Bank account deposits and withdrawals are done according to those rules. Unclaimed amount. If the bank account holder does not make any transaction from his account for 10 years then the amount deposited in his account will be considered as unclaimed. This money will then be transferred to the education and awareness fund. Inactive account. If one does not make any transaction ...

Paytm will continue to function as usual even after February 29. Chief Executive Officer Vijay Shekhar Sharma has said that the 'Paytm' app will continue to function as usual even after the 29th. vijay shekhar Can we use Paytm after 29 Feb Recently the Reserve Bank has banned the acceptance of Paytm and Payments Bank deposits after February 29. Also, savings It also said that its customers will be allowed to withdraw or use balances in bank accounts, business accounts, prepaid instruments, etc. without any restrictions as long as their balance is available. In this regard, Vijay Shekhar Sharma has posted on his social networking site: Paytm app After February 29th, it will continue to function as usual. We see the RBI directive as a major speed bump. However, with our partnerships with other banks and the capabilities we have already built, we believe we can recover from this in the next few days or quarters. This is what he posted. In the meantime, Paytm is consu...

Union Finance Minister Nirmala Sitharaman announced in the Interim Budget that 'Income tax concessions for investments made in startup (innovation) companies and pension funds will continue in the coming financial year as well. Nirmala Sitharaman budget 2024 Providing incentives to encourage the role of startups in the economy is necessary for the progress of the country. Accordingly, under the ' Startup India' scheme, income tax relief is provided to new start-up companies launched in the country since 2016. Companies registered with the Central Government can avail exemption from payment of income tax for any consecutive 3 years in their first 10 years. According to the last year's budget, this tax deduction is applicable only to companies registered up to March 31. In this case, in the interim budget presented on Thursday, Minister Nirmala Sitharaman announced that the tax concession will be applicable to companies registered in the coming financial year. While vari...

'Government should focus on capital expenditure' Former Vice Chairman of NITI Aayog Rajiv Kumar has said that the Center should focus on capital expenditure to bridge the country's infrastructure gap. NITI Aayog Rajiv Kumar He also said And since private investment remains weak, government capital expenditure is crucial, he said. The central government should continue to undertake capital enrichment to bridge the infrastructure gap that has plagued the Indian economy. Rajiv Kumar said that more attention should be given to capital expenditure in the interim budget to be presented. The government is able to maintain fiscal consolidation due to the small improvement in the ratio between tax and GDP despite increasing capital expenditure. Also the broadening of indirect tax revenue and direct tax revenue base will also help. He said this. Fiscal deficit reached 55 percent of the budget target. At the end of December last year, the central government has announced that the...