22k jewelers

In modern life, the habit of spending lavishly and watching others on social media is increasing. Economic tips Five Useless Expenses That Waste Your Money Apart from lifestyle expenses, social spending has also increased. If such expenses are not controlled, savings and investments can be affected and you can get stuck in a debt trap. Therefore, it is necessary to control wasteful expenses.Warren Pappett, who is considered an investment guide, gives excellent guidance on this. In his view, it is better to avoid five types of useless expenses that can waste money: New car: Who does not want to buy a shiny new car. However, you should avoid buying a new car that is too expensive. Why buy a depreciating item that will lose value after you buy it at a high price? An old car is enough Credit card: Although there are many benefits to a credit card, Warren Pappett calls it a debt trap. The interest rate on credit card loans is very high. Paying only the minimum amount can be de...

The bank locker facility helps in keeping gold jewelry, money, important documents, etc. safe. Those who use the locker service must sign a renewed agreement.    Bank locker How to avoid the risk of bank locker service being suspended? Those who have not yet signed the renewed agreement should do so immediately, banks are reminding them. If the renewed agreement is not signed, there is a risk of the locker service being suspended. Let's see the important aspects related to locker agreement renewal.   Locker Agreement: The Reserve Bank of India ordered in 2021 that a new rental agreement should be obtained from the beneficiaries using locker services. The Reserve Bank took this step considering customer complaints, technical aspects, and Supreme Court guidelines. Extension of deadline: The objective of the locker renewal agreement is to improve transparency and security regarding the operation of the locker service. The deadline for this was extended twic...

A majority of the Indian youth want to retire early and are expecting a large pension, a study has revealed.    Retirement plan Retirement preferences of Indian youth In a survey conducted by Grant Thornton Bharat among various stakeholders across India to find out about retirement planning, more than 55 percent of the participants said that they expect a pension of more than Rs 1 lakh per month during retirement. However, it has also been revealed that the savings they have made are not enough to compensate for this. This study reveals that there is a huge gap between pension preferences and retirement planning.  Most of the participants in the study said that they want to retire before the age of 45 to 55. However, they rely on traditional means such as provident fund, national pension scheme, and gratuity for retirement planning. More than 76 percent of the participants in the study said that they have not invested in annuity plans. The study emphasizes ...

ரிசர்வ் வங்கியின் தங்க நகைக் கடன்கள் தொடர்பான புதிய விதிகள் நுகர்வோருக்கு நன்மை பயக்கும் என்று நிபுணர்கள் கூறுகின்றனர். Gold loan 2025 ஆம் ஆண்டு தங்கக் கடன் புதுப்பிப்புக்கான ரிசர்வ் வங்கியின் வழிகாட்டுதல்கள் என்ன? ரிசர்வ் வங்கியின் தங்க நகைகளை அடகு வைப்பதற்கான விதிகளால் மக்கள் பாதிக்கப்படுவார்கள் என்ற கருத்துக்கள் உள்ளன. இருப்பினும், புதிய விதிகள் தங்கத் தொழிலில் மோசடியைத் தடுக்க உதவும் என்று நிபுணர்கள் கூறுகின்றனர். எம்.எம்.டி.சி., பி.ஏ.எம்.பி., அங்கீகரிக்கப்பட்ட டீலர் கைலாய் ராஜன் கூறியதாவது: புதிய அறிவிப்பின் மூலம், தங்க நகைக் கடன் துறையில் மோசடியைத் தடுக்க அரசாங்கம் முயன்றுள்ளது. புதிய விதிகளால் நுகர்வோருக்குக் கிடைக்கும் பல நன்மைகள் மறைக்கப்பட்டுள்ளன. ஒன்பது விதிகளில், நிர்வாகம் தொடர்பான ஐந்து விதிகள், ஏற்கனவே நடைமுறையில் உள்ளன, தற்போது முறைப்படுத்தப்படுகின்றன. பில் பாண்ட் வீடு, நிலம், கார் அல்லது பை வாங்கும்போது, ​​நாம் ஒரு உரிமைப் பத்திரத்தை வாங்குகிறோம். அதேபோல், தங்க நகைகளுக்கான ஒரே சான்றான பில்லைப் பாதுகாப்பது அவசியம். நீங்கள் ஒரு பில்லை வாங்கினால், உங்களுக்கு ஆதாரம் கிடைக்...

New Delhi, May 5-Amidst the rising price of gold, interest in buying digital gold is increasing and 15 million Indians have joined digital gold investment in the last six months.   Digital gold investment People are interested in buying digital gold Investing in gold in the form of gold funds or digital gold is considered a good way. There are many types of gold funds in mutual funds. Meanwhile, digital gold investment is also becoming popular. Various apps offer this opportunity. In digital gold, gold equivalent to the amount purchased is safely stored. It can be purchased at a very low price and can be increased over time. It can also be easily transacted. With the price of gold on the rise, Indians are showing interest in digital gold investment, according to Safe gold, a company that provides infrastructure for digital gold apps. It has been revealed that most investors invest in small amounts continuously for three or four years and then convert it into jewelry....

 New Delhi: GST collections hit a record high of Rs 2.37 lakh crore in April. This is the highest tax collection in a single month since the introduction of GST in 2017. GST india   What is the revenue collection of GST in India Earlier, the highest collection was Rs 2.10 lakh crore in April last year. The collection in March was Rs 1.96 lakh crore. In April last year, GST was collected from domestic transactions to the tune of Rs 1.90 lakh crore and from imported goods to the tune of Rs 46,913 crore. Refunds were given for Rs 27,341 crore. After deducting refunds, the net GST collection increased by 9.10 percent to Rs 2.09 lakh crore. In this context, Tamil Nadu's GST revenue in April last year increased by 13 percent to Rs 13,831 crore. The central government has estimated that the country's GST revenue in the current financial year will increase by 11 percent to Rs 11.78 lakh crore.  UPI transactions decline in the last month The country's UPI transactions declined ...

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history   Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...

The tax department is monitoring high-value cash transactions. At the same time, it is also monitoring digital transactions. It uses modern techniques to find out the relationship between income and expenses.   Income tax What types of transactions are monitored? Apart from bank statements, it also examines many data including real estate transactions and travel documents. When expenses are not matched with income, it sends notices and conducts investigations. The Income Tax Department can look at important cash transactions that may attract attention. Savings Account: The Income Tax Department takes note of depositing large amounts of cash in bank savings accounts. If you deposit more than Rs 10 lakh in a savings account in a total year, the Income Tax Department may investigate. Action will be taken if there is no proper evidence. Deposit Funds: You should be careful while investing cash in banks. If you deposit more than Rs 10 lakh in cash in a total year, the Income Tax Depart...

New Delhi, RBI's draft report to prevent gold jewelry loan fraud The Reserve Bank has recently released a draft report with a view to reforming the gold jewelry loan business. jewellery loan new rule What is the gold policy of RBI? Banks, non-banking financial institutions known as NPSCs, cooperative banks, regional rural banks, etc. are currently involved in the gold jewelry loan business. Among these, arbitrary extension or reduction of the loan period, differences in the valuation of the jewelry, security of the mortgage jewelry , and determination of the jewelry loan amount differ among banks and financial institutions. Key changes in gold and jewellery loans Banks and financial institutions are not allowed to provide loans on gold and silver bars No loans are allowed on exchange-traded ETFs and mutual fund units Loans are allowed on gold jewellery and coins as they are easily convertible Loans should be given based on the borrower's repayment capacity If there is any d...

What will be the IPO expectations for 2025, More than 30 startups are planning to go public in the Indian stock market in the next two years, according to a report by Bloomberg.   New ipo What are the upcoming IPOs in India Despite the current lull in the initial public offering ( IPO ) market , more than 30 leading technology startups are preparing to go public by 2027, according to Bloomberg News. Walmart-owned Flipkart, PhonePe, and Oyo Hotels are among the companies on the list, with a combined market valuation of more than $100 billion. Unlike previous startups, these new entrants have strong financials, according to a report by the Rhinemaker Group. Many of these companies are on the verge of a major IPO. Meanwhile, the volatility of the stock market has led to a 34 percent drop in the number of shares traded in the first quarter of this year. What happens if Sensex increases? The stock markets, which had plunged to their lowest point yesterday, rose significantly...

Chennai, April 1-In Tamil Nadu, the price of ornamental gold sovereigns was sold at an unprecedented Rs. 67,400 yesterday. In the last three months alone, the price has increased by Rs. 10,200. Gold price will gold prices rise in india Due to international conditions, the price of gold in our country continues to increase. In Tamil Nadu, last Saturday, 22-carat ornamental gold was sold at Rs. 8360 per gram. Sovereigns were sold at Rs. 66,880. Silver was sold at Rs. 113 per gram. Yesterday, the price of gold rose by Rs. 65 per gram and was sold at Rs. 8425. Sovereigns were sold at Rs. 520. There was no change in the price of silver. In this regard, Chennai Gold and Diamond Jewelers Association President Jayantilal Chalani said, Additional duties have been imposed on goods imported from China and India to the US from April. This will come into effect from April 2. While the US has been causing many problems for Iran, Iran announced last week that it has nuclear weapons. It a...

New Delhi, March 31-More than the 'top 10' central banks The relationship between gold and India has reached new heights. Gold savings Indian households hold 25,000 tonnes of gold According to a study by HSBC, Indian households hold more gold than the 'top 10' central banks with the world's largest gold reserves. Household gold reserves stand at 25,000 tonnes. This is more than the central banks of 10 countries - the US, Germany, Italy, France, Russia, China, Switzerland, India, Japan and Turkey. As of December 2024. Central Bank Reserves (in tonnes) United States [8,133] Germany [3,300] Italy [2,452] France [2,437] Russia [2,332] China [2,280] Switzerland [1,040] India [876] Japan [846] Turkey [615] Total [24,311] Of these, the US Federal Reserve has the highest gold reserves of 8,133 tonnes. The German Federal Reserve is next with 3,300 tonnes. As of last December, the Reserve Bank of India's gold reserves stood at 876.18 tonnes. Due to geopoliti...

New Delhi: The central government has announced that it will stop the gold investment scheme, which allows people to deposit gold in banks and earn interest, from yesterday. gold What is the recurring gold deposit scheme? The central government launched the Gold Investment Scheme on September 15, 2015, to reduce gold imports and to collect gold from the public and companies and use it for the country's development projects. This scheme was implemented with the aim of reducing gold imports as the government releases the gold deposited in this scheme back into the market. Under the Gold Investment Scheme, customers can deposit their gold in banks and earn interest on it. Not only gold jewellery, but also gold coins and gold bars can be deposited. A minimum of 10 grams of gold must be deposited. There is no upper limit. The scheme is implemented in three ways: short-term from one to three years; medium-term from five to seven years; and long-term from 12 to 15 years. The Union Fina...

New Delhi, March 19-Congress MP from Tamil Nadu, Manickam Thakur, has moved an adjournment motion in the Lok Sabha against the changes made in the rules for gold jewellery loans. Gold loan Amendment in gold jewellery loan rules In a letter to Speaker Om Birla, he said, According to the new rules, customers will have to repay the entire principal amount along with interest at the end of the loan tenure, and after doing so, they can pledge their jewellery for a new loan or renew the loan the very next day. This is likely to cause difficulties especially for customers who are already in financial difficulty, as under the existing rules, they were allowed to repay only the interest during the loan tenure. At the end of the loan tenure, when they were unable to repay the entire principal amount, they were renewing their loan accounts. The current new rule is causing more suffering to the borrowers. To such a question, the Finance Minister had replied on the 10th: To protect len...

 Mumbai: The Reserve Bank of India (RBI) has said that the financial position of IndusInd Bank is strong and customers should not worry about their savings. IndusInd Bank's   The Reserve Bank of India (RBI) has issued a statement to clarify the situation. It reads as follows: A few days ago, IndusInd Bank informed the stock exchanges that discrepancies were observed in the bank's forward business portfolio when the RBI guidelines on investment classification were implemented. Following this, questions were raised about the bank's financial position and customer savings. The capital and financial position of IndusInd Bank is strong. The bank's capital adequacy ratio as on December 31 last year was 16.46 per cent. The PCR ratio, which is used to deal with the burden of bad loans, is also higher than the 70 per cent set by the RBI. The cash balance ratio, which should be 100 per cent, is 113 per cent as on March 9, which is higher than the requirement. Therefore, custome...

 New Delhi, March 15- Gold prices are soaring at a rapid pace, with demand falling, discounts are being offered,    Gold price What is the main reason for gold prices to increase? As gold prices in India have reached an all-time high, demand is falling. To compensate for this, gold importers are offering traders a discount of up to $39 per ounce, or Rs 3,400, the highest in eight months. The risk of a global trade war has increased due to US President Trump's tax policy. As a result, investors are increasing their investment in gold globally, and the price of gold is touching a new high. Due to the rise in prices, customers are reluctant to buy gold and are waiting for the price to fall. As a result, the gold trade has stagnated and the demand for jewelry has decreased significantly. Similarly, jewelers are also reluctant to buy gold . India's gold bullion imports fell by 85 percent in February, the lowest in 20 years. Yesterday, the price of a sovereign increased by Rs...

New Delhi: Stock brokerage firm Zerodha's 'Zerodha Fund House' has launched a silver ETF scheme.    silver ETF Is silver ETF safe It has been informed that this fund will work according to the price of silver in the domestic market. Applications can be made for this scheme till the 18th. The minimum application limit has been set at Rs 1,000. It has been informed that silver has the potential to play an important role in investment and modern industry, and this ETF will provide a way to utilize its preciousness. Is it suitable to invest in dividend funds? An analysis of the benefits and limitations of dividend funds , which are one of the types of equity funds. There are many types of funds when it comes to mutual fund investment. Each type of fund has its own unique features, advantages and disadvantages. Therefore, investors need to choose the right funds for themselves. In that regard, it is good to know the nature and advantages and disadvantages of dividend funds. Le...

 Mumbai, March 10- In the last five years after the Corona pandemic, the Reserve Bank of India has increased its gold reserves by 244 tonnes.   Gold reserves What is the rank of first in gold reserves country China is the top buyer of gold in the world, while India is second, according to data from the World Gold Council. Following Russia's military operation in Ukraine, central banks of many countries have changed their economic policies accordingly. However, China and India have been increasing their gold reserves more consistently than any other central bank. In the five years from 2020 to 2024, the Reserve Bank of India has increased its gold reserves by 244 tonnes. During the same period, China has increased its reserves by 336 tonnes. In particular, the BRICS countries of Brazil, Russia, India, China and South Africa alone have increased their gold reserves by 700 tonnes in the last five years. Of this, India holds one-third. Experts say that the Reserve Bank of India i...

 New Delhi: India ranks fourth among the countries with the highest net worth individuals in the world, with 85,698 people, according to a report released, Rich people wealth advisory firm Knight Frank. Those in this category must have a cash balance of one million dollars, or 8.60 crore rupees in Indian currency, in immediate cash. The United States continues to lead in creating the richest people. Of the total rich people in the world, 40 percent are in the United States; 20 percent in China; and 5 percent in Japan. The number of rich people is increasing due to the growing number of startups in India. Last year alone, the number of rich people in India grew by 12 percent. While only 7 rich people were created in 2017, 26 new rich people were created last year.  Services sector growth increases in February New Delhi: The country's services sector grew significantly in February on the back of strong new orders, according to the HSBC PMI report.   The services sector, ...

Is it advisable to use a credit card to buy gold jewelry, For Indian families, buying gold jewelry is both an emotional and economic affair. The price of gold. In the meantime, buying jewelry for investment purposes is gaining importance. Credit card use jewellery purchase Many people buy gold jewelry through credit cards. Using a credit card to buy jewelry is easy and is considered to have various advantages. However, it is important to know the advantages and disadvantages of using a card to buy gold jewelry. Simple convenience: Buying jewelry through a credit card is convenient. Moreover, you can get additional benefits like cashback and reward points in this regard. Some banks also offer special offers in collaboration with jewelry companies. These features can be advantageous. Caution required: However, before buying jewelry through a card A caution is required. The appropriate amount must be paid within the interest-free period. Otherwise, the interest rate on the card usage ...