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Showing posts from December, 2024

Gold imports jump 331 percent

New Delhi, Gold imports in November have increased by an unprecedented 331 percent.   Gold market According to the Union Commerce Ministry statistics, The demand for gold increased in November due to festivals and weddings. Accordingly, gold imports increased to Rs 1.25 lakh crore. Reasons 25% profit received so far this year on gold investment High investment in gold due to international uncertainty Import duty reduced from 15 to 6%. This is an unprecedented monthly import. In November last year, gold worth Rs 29,000 crore was imported, and now it has been imported four times more. From April to November of the current financial year, gold imports increased by 49 percent to Rs 4.10 lakh crore. This was Rs 2.76 lakh crore in the same period of the previous financial year. India's merchandise exports fell by 5% last month New Delhi, India's merchandise exports fell by 4.85% to Rs 2.71 lakh crore in November, the Union Commerce Ministry said. Gold imports in Nove...

Today gold price December 2024

Today gold rate status in tamilnadu, 22 carat gold is a type of gold alloy that is 91.67% pure gold. The remaining 8.33% is made up of other metals, such as copper, silver, or zinc. This makes 22 carat gold more durable than 24 carat gold, which is 99.99% pure gold. 22 carat gold is also more affordable than 24 carat gold. Today gold price in article's 1, Today gold rate in madurai 916 kdm 2, Chennai gold rate today 3, What are the benefits huid 4, Is 24 karat a good Investment 5, 24 carat gold rate today 6, Here are some additional factors 7, Is silver more beneficial to the body than gold 8, Silver rate today near karaikudi Tamilnadu  Updated on 18th December 2024 Today gold rate in Madurai 916 KDM 22 carat price Commodity Price Change's 1 gram 916 HM ₹ 7135 ₹15🔻 8 gra...

Business news, Cryptocurrency exchanges evade crore in tax

Business news, Cryptocurrency exchanges evade crore in tax and increased the maximum transaction limit of UPI Lite,Rs 55 lakh crore, according to data released by the World Bank, more than.. Business news, UPI Lite service has a maximum transaction limit of Rs 5,000 The Reserve Bank of India has increased the maximum transaction limit of UPI Lite, a mobile payment service that does not require an internet connection, from Rs 1,000 to Rs 5,000. In UPI, money transfers not only require an internet connection, but also additional confirmation and transaction alert information is sent instantly to the customer's mobile phone.  In UPI Lite, which does not require an internet connection, the transaction limit was previously allowed up to Rs 1,000. The Reserve Bank has issued a circular increasing this to Rs 5,000. This is expected to further increase the number of small-value electronic transactions. India's external debt rises to Rs 55 lakh crore India's total exte...

When is it appropriate to invest in liquid funds?

Liquid funds, a type of mutual fund, are considered one of the safest options for short-term investment.  Liquid funds Liquid funds have been providing good returns in recent times.   Last year, this investment yielded an average return of 7.28 percent. Moreover, net investment in liquid funds increased in September. As liquid fund investment is gaining attention, it is important to know the basic features related to this type of investment. Short-term: Liquid funds come under the debt mutual fund category. This type of funds invest in debt securities with short-term maturity. The maturity period is less than 91 days. This includes government bonds, certificates of deposit, and commercial papers. Safety: Liquid funds are generally considered suitable for short-term investment. Since they invest in short-term investments that provide high returns, they are safe. Moreover, their liquidity feature is also improved. You can withdraw your investment immediately whe...

Foreign Direct Investment (FDI) in India increased by 45%

New Delhi, Dec. 2 -Foreign Direct Investment (FDI) in India increased by 45% in the first half of the current fiscal, Foreign direct investment (FDI) in India increased by 45% to Rs 2.50 lakh crore in the April-September period of the current fiscal, according to government data. FDI During the April-September period of the current fiscal 2024-25, foreign direct investment (FDI) in the services, computer, telecommunications and healthcare sectors increased by 45% to Rs 2.50 lakh crore. This was Rs 1.72 lakh crore in the same period last year, according to government data. During the assessment period of the current fiscal, FDI inflows from major countries including Mauritius, Singapore, the US, the UAE and the Netherlands increased.  Foreign investors sold shares worth Rs 26,000 crore Foreign equity investors sold valuable shares in November, data shows. Foreign equity investors continued their share sales in November as well. Accordingly, they sold shares worth Rs 26,...