22k market news

 Beijing: 1 million kilograms of gold particles worth 7 lakh crore rupees have been discovered in the Wangu gold mine in Pingjiang, Hunan province of China. Gold mine china How much is China gold net worth The Geological Survey of Hunan Province, China , our neighbor, discovered a large amount of gold in more than 40 places at a depth of 6,500 feet underground in the Wangu gold mine. It was estimated that up to 300,000 kg of gold could be found here.   Using modern technology, a mine up to 10,000 feet deep has found gold particles larger than expected.   The amount of gold identified here is believed to be over 1 million kg. Its value is estimated to be over 7 lakh crore rupees.   It is said to be the largest gold mine discovered in recent history. Through this, Hunan Province has gained a very important place in the global gold mining market. The 'South Deep' mine in South Africa is estimated to contain 900,000 kg of gold. It has been named the world's largest gold ...

New Delhi: Fruits and vegetables grown in India have now reached the markets of 123 countries. Exports have increased by an all-time high of 47.30 percent. Fruits and vegetables   What are the most exported fruits and vegetables from India The Union Commerce Ministry has said that exports of vegetables and fruits have reached a new high in terms of weight from 2019 to 2023. This is attributed to various assistance from the Agriculture and Processed Foods Export Development Authority (APEDA). This organization provides financial assistance to traders and exporters for processing and exporting fruits and vegetables. With the increasing demand for Indian fruits and vegetables in the global market, exports have increased significantly in the last four years. With the financial assistance of A.P.E.D.A., a world-class export infrastructure has been established. Modern grading and packing centers have been set up. As a result, Indian fruits and vegetables have quickly reached 17 new mark...

New Delhi: Union Electronics and Information Technology Minister Ashwini Vaishnaw said that the Indian electronics manufacturing sector will double to more than Rs 17.20 lakh crore in the next 3 to 4 years due to the reforms announced in the Budget. Technology Minister Ashwini Vaishnaw Which industry is growing faster The budget also allocates an additional Rs 2,000 crore for Indian AI technology . Based on this, the government aims to set up 20 AI high-tech observatories at the central level and 80 AI labs in various educational institutions across the country in the next financial year.   The electronics sector currently employs 25 lakh people. This is likely to increase fourfold in the next four years. The successes of electronics manufacturing can be used as a model for any sector. With the reforms announced in the Budget, the Indian electronics manufacturing sector is set to double to over Rs 17.20 lakh crore in the next 3-4 years. he said.      

When the British ruled India, they took away assets worth 5,500 lakh crore rupees from 5,500 countries between 1765 and 1900, according to a report released by the human rights organization Oxfam International. How much did Britain take from India The annual meeting of the ' World Economic Forum ', one of the world's economic organizations, has begun. Before the start of the first day of the meeting, Oxfam published a report titled 'Takers, Not Makers', stating: The legacy of colonial rule, which began in the early 1900s, continues to affect people in modern times. The countries of the Global South, known as the Global South, were systematically exploited by the North. Based on history, various studies, research articles, and documents, the value of the assets exploited by Britain from India between 1765 and 1900 exceeds 5,500 lakh crore rupees. Of this, 10 percent was captured by the richest 10 percent of Britain. If the British currency, the 50 pound note, were sp...

New Delhi, Union Consumer Affairs Minister Pralhad Joshi has urged the Bureau of Indian Standards (BIS) to issue hallmarking procedures to ensure the quality of silver, just like gold. Silver Hallmark The 78th anniversary of the establishment of the Bureau of Indian Standards (BIS ) was celebrated in Delhi. Speaking on the occasion, the Minister said that there have been demands from consumers for hallmarking silver as well. Hallmark Benefits BIS, also known as the Board of Indian Standards, certificate A certificate that reflects the purity and quality of the metal The code of the center that tested and hallmarked The identity and code of the jeweler A unique number that confirms the quality of the jewelry. He urged the BIS to make hallmarking mandatory for silver jewellery and art facts. The central government has made hallmarking mandatory for gold jewellery and art facts to ensure the authenticity of gold and protect the welfare of consumers. Accordingly, gold jeweller...

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...

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...

Mumbai, Nov. 30-A scam worth Rs 11,000 crore has been committed in India in the last nine months by spreading information through social media platforms like WhatsApp and Telegram, claiming to lead people to invest in the stock market and earn high profits, according to Nitin Kamath, CEO of Zerodha. Share market scam Recently, a software engineer from Bengaluru, who received a message on his WhatsApp number in the name of investing in the stock market, invested up to Rs 91 lakh in various stages. The value of his investment was shown to be Rs 1.50 crore in a few days. At one point, he realized that he had been cheated and filed a complaint with the cyber police when he tried to withdraw the invested money. Nitin Kamath, who also shared this information on his social media, further said: Such scams are on the rise. In the last nine months alone, frauds worth Rs 11,000 crore have been committed. It is scary to think about what will happen if fraudsters use artificial intelli...

New Delhi, The World Gold Council has said that the demand for gold has started increasing due to the advent of AI technology. World Gold Council opinion Demand for gold is becoming essential This has been led by the increased use of artificial intelligence, especially in smartphones and data centers. The demand for gold in the electronics sector reached a peak of 328 tonnes in 2010. After this, demand continued to decline, reaching a level of 249 tonnes last year. Meanwhile, as the demand for gold has become essential in AI technology , the Gold Council has said that its demand has started to recover in the last few quarters. In general, gold is an excellent conductor of electricity and does not corrode very quickly. The use of gold has become essential as it provides high-speed data processing, minimal energy loss and long-term performance required for smartphones. The demand for gold is increasing as healthcare, finance, and other sectors invest heavily in AI technology...

FATF says India's jewelery industry needs to be monitored,     Risks being used to finance terrorism  NEW DELHI, France-based financial watchdog FATF has warned that high-volume transactions in India's gems and jewelery sector are likely to be used as tools for money laundering and terrorist financing. In this regard, the organization's statement said As the trade in navarat gems and gold jewelery has grown in India, there is a risk of their smuggling and black money transactions also increasing. Removal of ban on gold loan to IIFL Mumbai, 'I.I.F. RBI has removed restrictions imposed on the gold loan business of L. Finance, the company said.  I.I. F. RBI had imposed restrictions on the gold loan business of L. Finance Company on March 4. They have now been withdrawn, the company said in the stock exchange. Through this, the company has been allowed to engage in gold loan business again. monitoring In this sector, there are about 1.75 lakh distrib...

Many feel that foreign countries tax the rich very heavily and India does not. But did you know that at one time India had to pay 97.50 percent of income tax? Indira Gandhi What is the historical tax rate in India Debates such as distribution of wealth and introduction of inheritance tax have arisen and are currently being discussed in a frenzy. But, in our country, 50 years ago, maximum tax was collected up to 97.50 percent. There was such a period in India. During Indira Gandhi's tenure as Prime Minister, income tax in India was as high as 97.50 percent. However, this collection came to an end shortly after. Indira Gandhi saw taxation as an important mechanism to balance income and wealth. Based on this, in February 1970, he presented the budget in Parliament and addressed it. Social welfare was the theme of the budget. Since the green revolution was taking place, various announcements related to the agriculture sector were included in the budget. A huge sum...

It has been reported that 'Tesla' has entered into an agreement with 'Tata Electronics' to purchase 'semiconductor chips, semiconductor chips US-based electric vehicle company Tesla has been trying to enter the Indian market for a long time. The company's CEO Elon Musk is said to be visiting India later this month and will meet Prime Minister Modi. He is expected to announce major investment decisions such as setting up Tesla Electric Vehicle Industrial Road in India and launching Starlink. Tesla manufactures its own electric motor, battery and charger. Other parts of the wheel are manufactured by contract manufacturers. After the Corona pandemic, the company started sourcing parts from other countries besides China. Tesla is planning to set up an electric vehicle distribution chain in India that includes electronic devices and components for electric vehicles. Following this, sources informed that Tesla has entered into an agreement with Tat...

NEW DELHI: Investments in equity mutual funds stood at Rs 22,633 crore in March last year, the Association of Mutual Funds of India (Ambi) said. This is 16 percent lower than last February's Rs 26,866 crore. Mutual fund Following disciplinary action by SEBI , investments of Rs 94 crore were withdrawn from small cap funds last month. Overall, an investment of Rs 40,188 crore has been made in this sector in the last financial year.  Inflows into mid-cap companies fell 44 per cent to Rs 1,018 crore in March compared to February. Surprisingly, investments in 'large cap' companies rose by 131 per cent to Rs 2,128 crore last month. Investments in 'hybrid' funds fell 69 per cent to Rs 5,583 crore in March from Rs 12,105 crore in February. A maximum of Rs 1.98 lakh crore was withdrawn from debt mutual funds last month. 63,808 crores had been invested in this segment in the month of February.  The value of assets under management by mutual companies declined ...

Today top news, 5000 crore IPO approval, AHF, and issuance of Rs 5 lakh crore in Mudra loan scheme, more news. Top news Disbursement of Rs.5 Lakh Crore in Mudra Loan Scheme HYDERABAD, In the financial year 2023 24, which ended last March, 5 lakh crore rupees were disbursed under the Mudra Loans Scheme and recorded a record growth. Under the 'Pradham Mantri Mudra Yojana', loans to the tune of Rs 5.28 lakh crore have been provided to small businesses in the last financial year 2023-24. It was Rs 4.40 lakh crore in the previous financial year. It is noteworthy that 70 percent of the beneficiaries of these loans are women. Since the loan scheme was announced in 2015, including the provisional figures for the last financial year, up to 46 lakh crore rupees have been disbursed so far, said a senior official of the Mudra scheme. Mudra loans are offered under the 'Chishu' category for loans up to Rs 50,000, loans above Rs 50,000 up to Rs 5 lakh under the 'Kis...

The total market value of companies listed on the Bombay Stock Exchange, Mumbai, BSE, reached 400 lakh crore rupees for the first time yesterday.   What is the market cap of the Indian stock exchange This has been helped by strong performance of 'large, mid and small' cap companies for three consecutive trading days and strong performance of major companies. In nine months, Mumbai Stock Exchange , which is the oldest stock market in Asia, has reached a market value of Rs 400 lakh crore from Rs 300 lakh crore in just nine months. Market experts said: 'HDFC', the bank's strong performance and the good sales situation of the auto industry, have increased the confidence of investors on the country's economy. Additionally, Reliance Industries, the country's largest company by market value, has also performed well. 2014 November Rs.100 lakh crore. 2021 February Rs. 200 lakh crore. 2023 July Rs. 300 lakh crore. 2024 April Rs. 400 lakh crore. Great opportuni...

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 ...