22k market news

Chennai, Jan. 23., In Tamil Nadu, gold ornaments, sovereigns, are being sold at an unprecedented price of Rs 60,200.   Gold price When was gold rate 60,000? As international investors are investing heavily in gold, the price of gold has increased in the international market. Due to this, the price of gold in our country is also continuing to rise. In TamilNadu, the day before yesterday, 22-carat gold ornaments were sold at Rs 7,450 per gram; sovereigns were sold at Rs 59,600. Silver was sold at Rs 104 per gram. Yesterday, the price of gold rose by Rs 75 per gram and was sold at Rs 7,525. Sovereigns were sold at Rs 600 and were sold at Rs 60,200. There was no change in the price of silver. So far, the highest price of a sovereign in gold sales was Rs 59,640. Yesterday, for the first time ever, it crossed Rs 60,000. In this regard, Chennai Gold and Diamond Jewelers Association President Jayantilal Chalani said: The decisions taken by Donald Trump after assuming office as ...

New Delhi: The impact of Donald Trump's inauguration as US President on the Indian rupee is temporary, according to a report by the State Bank of India.   Indian Rupee According to a state Bank of India report The depreciation of the Indian rupee against the US dollar is a short-term phenomenon. This decline since Trump's election is temporary. This situation may continue for some time after Trump takes office. Then the rupee will improve. The Indian rupee has historically performed well during Republican regimes in the US. Compared to Democratic regimes, the rupee has been stable during Republican regimes. In the second half of last year, the Indian rupee depreciated by three percent against the dollar. Even after the decline, the rupee is more stable than other currencies against the dollar internationally. The inclusion of Indian debt securities in the international bond investment market has helped to cushion the high volatility of the rupee. Therefore, the Indian rupee m...

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, ...

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 ...

Global demand for silver is expected to decline by 10 percent this year, with India being the main factor behind the decline. Silver price In this regard, the industry sector has further informed that: In the current year 2023, the global demand for silver is predicted to decrease by 10 percent. At the same time, global gold jewelery demand is expected to be slightly higher. For India, the demand for silver products is estimated to decrease by up to 12 percent. Investments in silver are down 21 percent, the lowest in three years, according to my projections. Studies suggest that the decline was due to higher local prices in India, as new investors stopped buying silver. The average price of silver was higher this year than last year. The base price has also increased significantly compared to last year. Due to high prices, investments in other assets like stocks, currencies and gold, investments in silver decreased. By 2024, the price of silver is expected to increase ...

India and the United States signed a Memorandum of Understanding (MoU) on November 14, 2023, to promote cooperation among startups, address regulatory hurdles, and share best practices on fundraising by entrepreneurs. The MoU was signed in San Francisco during an industry roundtable meeting attended by Indian Commerce and Industry Minister Piyush Goyal. USA India promote start-ups company. The MoU aims to strengthen the startup ecosystems in both countries and promote innovation in critical and emerging technologies (CET) as identified under the India-US Initiative for Critical and Emerging Technology (iCET). The specific objectives of the MoU include Connecting the two sides' dynamic startup ecosystems Addressing specific regulatory hurdles to cooperation Sharing information and best practices for startup fundraising Promoting innovation and job growth, particularly in CET areas The MoU is expected to have a positive impact on economic activity, attract investment, and generate e...

Stock markets have seen a decline since the beginning of the week.  The alarming voices of global investors also pushed domestic traders to such a sentiment. This caused the market to fall. Stock market, thanks iamge help freepik With the country's Retail Price Inflation data expected to be released after the market close, stock traders were hesitant due to inflation wariness. As was the case on Friday last week, on Monday, market trading started sluggishly with no sign of a major upswing and saw a dip towards the end of trading. Stocks in information technology, financials and home appliances sectors were selling off sharply, which was a major reason for the decline in the market. Foreign investors continue to pull out their investments.  This is also a factor affecting the market.  190 crore rupees were ta...

WeWork Global filed for Chapter 11 bankruptcy protection in the United States on November 7, 2023.   wework USA What caused the bankruptcy of an American-based workplace sharing company? The company cited financial difficulties and the COVID-19 pandemic as reasons for the filing. WeWork was once valued at $47 billion, but its value has plummeted in recent years. The company has been struggling to recover from its failed initial public offering in 2019 and the pandemic, which has caused a decline in demand for office space.  The bankruptcy filing will allow WeWork to restructure its debt and continue operating while it develops a plan to emerge from bankruptcy. The company has said that it expects to emerge from bankruptcy in 2024. ...

Steve Palmer is the former CEO of Microsoft and current owner of the Los Angeles Clippers. According to Bloomberg, his net worth is around $117 billion as of October 2023. Bill Gates, Steve Ballmer. This makes him the fifth richest man in the world.  He is only one place ahead of  Bill Gates who has a net worth of $123 billion. He is currently ranked fifth in the list of richest people in the world. Not only Mark Zuckerberg, but also Warren Buffett, Larry Ellison, etc. Steve is in fifth place. It is also said that he is likely to overtake his former boss Phil Catch at number four on the list very soon Steve Palmer joined Microsoft in 1980 as the 24th employee after dropping out of Stanford for an MBA. He worked closely with Bill Gates, eventually becoming chairman and then CEO of the company. How much do you know about Steve Palmer's net worth? Larry Ellison is worth $114 billion Warren Buffett's net worth is $111 billion Mark Zuckerberg's net worth is $108 billion Mark Zu...

The RBI has ordered the banks to provide the new announcement of the bank deposit, the RBI should provide all the Term Deposit up to Rs 1 crore. To date, the facility has been provided for the amount of Term Deposit up to Rs 15 lakh. RBI UPDATE NEWS In its statement, the Reserve Bank said in its statement: The bank has decided to allow banks to allow the banks to obtain a deposit of up to Rs 1 crore in advance. These orders also apply to the deposits of Indians living foreign. All banks and co -operative banks must follow these orders. All these orders come into effect immediately. Has said so. Does not make the phone The RBI has presented a draft plan to those who do not repay the loan within the due time, before 8 in the morning and after 7 in the evening, the financial institutions that have given the loan or the loan recovery agents should not call. The Reserve Bank has informed that the public can express their views on the matter till November 28.

It is everyone's wish to be like this if luck strikes. But everyone depends on their time. Even if one works hard for many years one cannot earn so much money. Lucky winner US lottery ticket winner wins $1.73 billion A lottery ticket winner in the United States has won $1.73 billion in prize money, which is 7,500 crores in Indian rupees, making it the second largest lottery prize in US history. Earlier in November last year, a 2.04 billion prize was won by a person from Lifornia. Powerball Jackpot lottery tickets are being sold in 45 cities in the United States. This ticket costs 2 dollars. More than 250 million tickets are said to be sold. A store run by a middle-class family in California sold winning lottery tickets.  California's $1.73 billion in prize money fell to Californians, who bought the most tickets. Powerball Lottery winning numbers (22, 24, 40, 52, 64) were released and the prize winner was announced. The winner is said to be able to receive this sum of R...

In July 2023, a man found over 700 gold coins in a cornfield in Kentucky. The coins are dated from 1840 to 1862 and are estimated to be worth more than $2 million. The land has become gold The find has been dubbed the "Great Kentucky Hoard" and is one of the most significant coin finds in American history.   The coins were found on a farm in the central part of the state, near the town of Lexington. The man who found them was using a metal detector when he came across the first coin. He continued to search the area and eventually found over 700 coins. The coins are in remarkably good condition, considering that they have been buried for over 150 years. The identity of the man who found the coins has not been released. However, he has said that he plans to sell the coins to a coin dealer. The coins are expected to fetch a high price, as they are very rare and in such good condition. The discovery of the Great Kentucky Hoard has sparked a renewed interest in lost C...