22k market news

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...

Forbes India recently released the list of the richest people in India. Reliance Industries Chairman Mukesh Ambani has topped the list, followed by Gautam Adhani and Shiv Nadar.   KPR, Ramasamy Who is the most richest person in Tamil Nadu Hailing from a farming family in Tamil Nadu, Ramasamy is a self-made millionaire. He joined KPR in 1984. Mill established.  KP Ramasamy, founder and chairman of textile and sugar maker KPR Mills, is a new entrant in the Forbes India Rich List 2023. He is ranked 100th in the list with a net worth of 2.30 billion dollars Indian rupee (₹19,152 crore). He started a sugar mill in 2013 and a men's underwear business in 2019 named 'Bazo' and later grew it into one of India's largest knitwear export businesses. KPR mill manufactures knitwear, cotton and polyester yarn. Additionally, ethanol and sugar are produced through sugar mills.  Ramasamy has established many wind turbines in Tamil Nadu and has established a plant called 'Kogen ...

Infosys reported a consolidated net profit of Rs 6,212 crore for the quarter ended September 30, 2023, which is a 3.17% increase from Rs 6,021 crore in the corresponding period last year. This is a good performance, given the challenging global economic environment.   Infosys   What is the net profit of Infosys Q2 And the company's consolidated revenue grew by nearly 7% to Rs 38,994 crore. According to an ETNow poll, Infosys' net profit and revenue stood at Rs 6,170 crore and Rs 38,350 crore, respectively. The company posted a profit that exceeded the forecast. Infosys sees revenue growth of 1.0-2.5% in FY24, compared to 1.0-2.5% growth in constant currency terms in FY24 compared to 1.0-3.5% previously. The company has also announced an interim dividend of Rs 18 per share to its shareholders. Infosys shares fell 2.82% to Rs 1,452.30 as the quarterly results were released in late trade. Infosys's profit and revenue grew 3% and 7% year-on-year, respectively, and 3% and 4.5%,...

SIP investment for such people's trust investments is growing and is now increasing in India.   SIP investment What is a promising investment? If this sounds like a promising investment, then read this and you will understand how good this investment is, but before investing, carefully read the documents related to the scheme. According to the Association of Mutual Funds in India (AMFI), SIP inflows reached an all-time high of ₹16,042 crore in September 2023. This represents a significant increase from the previous month's ₹15,814 crore, and is a testament to the growing popularity of SIPs among Indian investors. SIPs are a disciplined approach to investing, where investors invest a fixed amount of money in a mutual fund scheme at regular intervals, typically on a monthly or quarterly basis. This allows investors to build wealth over the long term, regardless of market conditions. The strong SIP inflows in September 2023 are a sign that Indian investors are becoming...

Gautam Adhani has been facing serious challenges since the Hindenburg Report came out earlier this year. He also continues to slide down the list of the world's richest people. In this case, he has also suffered a decline in the Bloomberg billionaires list for the world's richest people. He has dropped out of the top 20 in the list of the world's richest people. Gautam Adhani   What is the rank of Gautam Adani in richest list Gautam Adani has been removed from 20 places in the list of the world's richest people, according to both the Forbes and Bloomberg Billionaires Indices. He is now ranked at 23rd on the Forbes list and 26th on the Bloomberg list, with a net worth of approximately $43.4 billion. Adani's fall from the top 10 richest people in the world comes after a series of allegations of stock manipulation and accounting fraud by the US-based short seller Hindenburg Research. The Adani Group has denied these allegations, but they have led to a sell-off in Adan...

What is this terrible, how is this possible in India with 6.60% unemployment on one side and 6.30% economic growth on the other side. Unemployment Central Govt. Accounts Payable The unemployment rate in urban India has come down from 7.60% in the April-June period of 2022 to 6.60% in the April-June period of 2023, a decrease of 1 percentage point. This is a positive development, and it is likely due to a number of factors, including the economic recovery from the COVID-19 pandemic, the government's focus on job creation, and the increasing enrollment of youth in higher education. It is important to note that the unemployment rate in rural India remains higher than in urban India, at 7.44%. However, the unemployment rate in rural India has also declined in recent months, and it is likely to continue to decline as the economy continues to recover. India towards economic growth India's economic growth is likely to increase by 6.30% in the current fiscal year (2023-24)...