22k market news

For central government insurance schemes, some banks withdraw money from customers' accounts without their permission; After that there are allegations of obtaining fake approval. Insurance schemes The list of insurance schemes includes the 'Pradham Mantri Jeevan Jyoti Bhima Yojana' and the accident insurance scheme 'Pradham Mantri Suraksha Bhima Yojana'. Similar complaints have been raised against the central government's pension scheme 'Atal Pension'. All these schemes were launched by Prime Minister Narendra Modi in May 2015 to provide financial security to the poor. The premium for these plans is very low. In Pradham Mantri Jeevan Jyoti Bhima Yojana, the annual premium is Rs 436. The premium in Pradham Mantri Suraksha Bhima Yojana is just Rs 20. As per Jeevan Jyoti Scheme, Rs 2 lakh is paid to the nominee in case of death of policyholder due to any reason. In case of death due to accident, under Suraksha Bhima scheme Rs 2 lakh an...

In 2016, the price of gold per unit was fixed at Rs 2,916, but now it has crossed Rs 6,000. Gold bond What is the return in gold bonds NEW DELHI: With the second tranche of gold bonds issued in 2016 maturing today, investors who held their investments till the end stand to reap 126 per cent profit. The central government announced the gold savings bond scheme in November 2015 as part of a move to reduce gold imports. In this, gold can be stored in document form.  1 gram of gold is given as 1 unit. In this case, the second phase of gold bonds was released in March 2016. At that time, the price of 1 gram of gold was fixed at Rs 2,916. Over the past eight years, the price of gold has risen manifold and is now trading above Rs 6,000. In this case, the RBI has informed that the money will be paid to the gold bond investors based on the average price of 1 gram of gold of Rs 6,601. This is 126 percent higher than the price at the time of investment. For those who inve...

Indian Railways has generated revenue of Rs 1,230 crore in the last three years through canceled waiting list tickets. Indian railway Vivek Pandey, an activist from the state of Madhya Pradesh, sought some information from the Indian Railways under the Right to Information Act. To this, the information received through the reply given by the Indian Railways: Between 2021 and 2024, a revenue of Rs 1,230 crore has been generated through canceled waiting list tickets. In January this year alone, 43 crore rupees have been earned through the cancellation of 45.86 lakh tickets. During Diwali last year, 96.18 lakh tickets were cancelled. Out of which the waiting list tickets are 47.82 lakh, In which year how much revenue did Indian Railways earn? 2021-2.53 crore ticket sales, revenue for canceled tickets 242.68 crore profit. 2022- 4.6 crore ticket sales, 439.16 crore revenue per canceled ticket. 2023- 5.26 crore ticket sales, 505 crore revenue per canceled ticket. Nov 5-17 9...

First time in India.. 1000 train coaches in one year, A new record has been created at the ICF Railway Coach Factory in Chennai. ICF Railway Coach Factory Which modern train set recently developed by ICF   The Integrated ICF Coach Factory located at Perampur, Chennai has been manufacturing important trains of the country and attracting national attention. ICF Factory First time in India.. 1000 train coaches in one year... ICF surprised! Chennai Perambur ICF factory manufactures and ships trains to India. This ICF factory is world renowned. Many trains running in India today are manufactured here. So far more than 72 thousand coaches of more than 25 designs have been manufactured here. High train Chennai ICF is the largest manufacturer of railway coaches in the world. On an average, 3,000 coaches are manufactured here every year. Vande Bharat train Chennai ICF manufactures Vande Bharat trains which can run at the highest speed in the country. Vande Bharat trains manufactured in Ch...

You must be aware of the important factor in determining creditworthiness. When applying for including credit score, credit score plays an important part "generally emphasize having a strong credit score.    Credit mix that affects the credit score How does credit mix affect your credit score Common activities to improve credit score are also widely emphasized. An analysis of the credit mix is ​​one of the various factors that play an important role in determining credit score. Loan mix: There are many types of loans like home loan, car loan, education loan, personal loan, credit card loan. Isn't it? A person's credit report includes multiple types of credit, which is called credit mix. Credit Impact: Generally having multiple types of credit is viewed favorably in the credit worthiness score. This is because managing multiple loans is considered the ability to handle multiple loans. This can affect the credit rating. New Credit: Although having multiple ...

India's foreign exchange reserves rose to $63,609.5 crore in the week ended 1st. Foreign exchange According to the Reserve Bank of India statistics The country's foreign exchange reserves increased by $1,047 crore to $63,609.5 in the week ended March 8. It rose by $6.5 crore to $62,562.6 crore in the previous week ended March 1. In October 2021, the country's foreign exchange reserves reached $64,500 crore. It has been depreciating from time to time as the Reserve Bank uses foreign exchange reserves to protect the rupee amid pressures from global economic conditions. Foreign currency assets, a major component of foreign exchange reserves, rose by $812.1 million to $56,235.2 million in the week ended 8th June. Foreign currency assets are foreign currency assets denominated in dollars due to fluctuations in holdings of other non-dollar currencies such as the euro, pound, and yen. The country's gold reserves rose by $229.9 million to $5,071.6 million during t...

NEW DELHI: The central government plans to introduce a single KYC system for everything from opening a bank account to mutual funds to investing in mutual funds. k.y.c In a recent meeting chaired by Finance Minister Nirmala Sitharaman, only KYC was present. A single KYC system is planned to verify customers in all sectors like banks, insurance, mutual fund, stock market etc. Currently, when opening a bank account, investing in mutual funds, or enrolling in insurance, customers have to provide their KYC details. And it needs to be updated. If this is the only KYC, a customer does not need to provide their details every time. This will reduce the procedure and time for banks to connect their customers to the bank. It is reported that the government has formed an expert committee under the leadership of Finance Secretary Somanathan to frame the regulations for the single KYC system.

A lot of news is starting to come in to make the stock market investors nervous. After SEBI Chairman Madhabi Puri Buch said that SEBI has detected signs of fraudulent price fluctuations, especially in the small and medium investment segment, the stock markets are starting to get jittery. Madhabi Puri Buch cautioned investors that many stocks in the small and mid-cap segment are trading at overvalued prices. Following this, for the past three days, small and mid cap stocks have been facing selling pressure in the stock markets . Only yesterday, the small cap index of Mumbai Stock Exchange was 5.11 percent; The midcap index also fell 4.20 percent. Decline Since the 19th of last month, 80 per cent stocks in the small cap index of the Mumbai Stock Exchange have been in decline. Yesterday, the small and midcap indices of the national stock market also suffered their worst decline in recent times. Companies with a market capitalization of less than Rs 5,000 crore fall under th...

The total sales of passenger vehicles in India increased by 11 percent last February, according to the Association of Indian Automobile Manufacturers.  Automobile sector Last February 2023, the vehicle manufacturers produced and supplied 3.34 lakh passenger vehicles to agents. Last month, they manufactured and delivered 3.70 lakh vehicles. This is an 11 percent increase over the previous year. Similarly, two-wheelers and three-wheelers have seen a growth of 35 and 8 percent respectively. In this regard, the Association of Indian Automobile Manufacturers has informed as follows: Passenger vehicles recorded their highest monthly sales in February due to continued demand from the SUV segment. Two-wheelers and three-wheelers also saw growth over February last year. Only commercial vehicles saw a slight decline. Strong domestic manufacturing growth in the December quarter helped the auto sector. It has been reported. Vehicle sales growth rate. Sales of passenger vehic...

Trading in the cash and forward trading segments of the National Stock Exchange, NSE, will become cheaper from April. NSE cuts transaction fees In the recent Board of Directors meeting of NSE , it has been decided to reduce the OTC transaction fee by 1 per cent for cash and advance business segments. It has been reported that these changes will come into effect from April 1. The reduction in transaction fees will result in a loss of Rs 130 crore in the company's revenue, NSE said. In January last year, the NSE raised transaction fees by six per cent to ensure reserves in the 'Investor Protection Trust Fund' category due to non-payment by stockbrokers. However, it is noteworthy that this order was withdrawn in March itself. 68 percent increase in complaints against banks According to the annual report of RBI's grievance redressal schemes, there has been a 68 percent increase in customer complaints reported to the RBI Grievance Adjudicator in the last yea...

Real Estate Investment: SEBI New Permit SEBI has enabled investors to hold partial ownership in real estate properties that generate rental income. Business news How to invest in real estate in India REIT SEBI has implemented revised procedures for Real Estate Investment Trusts (REITs) from 8th. Based on this, investors can now invest a minimum of Rs 10 lakh and have partial ownership in rental properties. Experts opined that this move by SEBI will have a significant impact on the growing area ownership sector in the country. This notice applies to both commercial and residential properties. New IPO, Crystal Integrated Services Established in the year 2000, Crystal Integrated Services has been providing various management services such as housekeeping, sanitation, horticulture, mechanical, electrical and plumbing services, waste management, warehouse management, airport management etc. It also offers staffing, payroll management, catering services, etc. As on March 31, ...

After the Supreme Court strongly criticized the operation of SBI Bank in the case of election bonds, the share price of the bank fell by 2 percent in the stock market yesterday. SBI The SBI had filed a petition in the Supreme Court last week seeking more time to provide information related to those who funded the election bonds. The Supreme Court heard the petition yesterday and rejected the request of SBI. Further, the Supreme Court warned that by today, the Election Commission should provide complete information regarding those who financed the election bonds, failing which, a contempt of court case would be filed against the bank. After the court's order, SBI's share price fell as much as 2 percent in mid-day trade. At the close of trading yesterday, the National Stock Exchange S. PI Bank's share price fell 1.79 percent to Rs 773.95. However, market experts are of the view that this decline is temporary and should be seen as a good opportunity for medium...

Features that retail investors should look out for It is widely known that equity investment does not offer high returns and carries corresponding risks.  Retail investors It is also natural for those interested in equity investing to look for a more profitable approach. Although returns are important, when working towards higher returns, important aspects of investment strategy can be overlooked. This can also cause major damage. Let's look at common mistakes retail investors make and how to avoid them. Affordable Stocks: When to Hit the Jackpot in the Stock Market Can't say it will hit. Sometimes cheap stocks can rise and deliver profits. But. Investing in these stocks, referred to as penny stocks, is speculative. Instead, it is better to choose stocks with good fundamentals. Investment Fears: The stock market has fluctuations and various trends. When a particular trend is at its peak, there is a fear of missing out. However, investment decisions should not be m...

New Norms on Card Utilization RBI has issued new norms regarding utilization of credit cards in excess of the permitted credit limit. credit card What are the new rules for credit card The RBI has said that the consent of the beneficiary is required to allow the use of additional amount beyond the credit limit in the card usage. This protocol has been introduced to avoid fraud in card usage. It has also been informed that customers should be given the facility to disable or enable the feature of using the amount beyond the credit limit. Therefore, card companies cannot allow usage beyond the credit limit without the customer's permission and cannot impose a penalty. Similarly, users' approval is required to issue new cards. However, if a new card is issued without the card being claimed, it must be returned within one week if the customer keeps it unactivated. Similarly, the Reserve Bank has said that the facility of choosing card distribution companies should...