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Lessons learned from the trend of retail investors exiting SIP and investment accounts due to market downturns.   SIP learn What do you SIP learn more about mutual funds? SIP Lessons learned from the trend of retail investors exiting SIP investment accounts due to the market downturn.   Amidst the various impacts caused by the volatile trend in the stock market, the increase in the closure of SIP accounts has caused concern among experts.   A regular investment plan, also known as SIP, is suitable for investing in mutual fund schemes. Investors can choose a suitable fund and invest a certain amount continuously at a specified interval. This method is believed to help in getting benefits especially by investing in equity funds.  SIP New Accounts As awareness regarding mutual fund investment is increasing, the trend of investing through SIP has been increasing in recent years. Many retail investors are seeking SIP investment. The upward trend of the stock market h...

 Gold imports in February fall to 20-year low as prices rise, sales also decline   Gold import India is the world's second-largest buyer of gold after China. Mumbai: Due to continuous price hikes, the country's gold imports have seen a 20-year low in February, government data has revealed. Compared to the same period last year, gold imports have fallen by 85 percent. Due to various unusual circumstances, including the US presidential election results, investment in gold in the international market has increased and gold prices have continued to reach new highs. In this context, gold imports have decreased compared to usual in February. Officials said: Banks and traders have imported very little gold. Imports in February have fallen to almost 15 metric tons. This is the lowest import volume in the last 20 years. In February 2024, 103 metric tons of gold were imported. In the last decade, India's average gold imports in February were recorded at 76.5 tons.

 New Delhi: The central government is planning to launch a 'Grameen Credit Score' system within six months to increase credit to farmers, self-employed persons and self-help groups, according to reports. 'Grameen Credit Score   What are the objectives of Grameen model? The government is working with public sector banks and the Indian Banks' Association (IBA) to develop a framework for this.   Similar to the model for MSMEs, rural borrowers are said to be assessed on the basis of digital transaction data, government subsidy receipts and UPI functionality.    This data-driven rating system will help banks tailor loans to rural areas. This will make it easier for entrepreneurs and small businesses to get loans. Industry experts say that this initiative will significantly increase the provision of loans to self-help groups based on the rating. The creditworthiness of rural borrowers will be assessed based on digital transaction data, government subsidy receipts a...

Chennai, Feb. 18- 'Citco' has started technical consultancy work through RDX Architech to set up a jewellery industrial park in Coimbatore at a cost of Rs 126 crore to benefit gold jewellery manufacturing companies. Jewellery industrial park coimbatore Which proposed it park in Coimbatore? Gold jewellery manufactured in Coimbatore is exported to many countries. In Coimbatore district, a large number of companies are involved in gold jewellery manufacturing. Accordingly, more than 1 lakh people have got jobs through more than 25,000 jewellery workshops.  Jewellery industries in Coimbatore are struggling due to lack of adequate infrastructure facilities including security. Accepting their demand, Chief Minister Stalin ordered the setting up of a jewellery industrial park in the district at a cost of Rs 126 crore. Following this, 'Citco' has decided to set up a jewellery industrial park on 3.41 3.4 acres in Kurichi Industrial Estate. The work of providing technical advice ...

 As the value of gold reaches its peak, here's a look at the strategies investors should follow Invest in gold   Is it the right time to buy gold in India Last year, the price of gold was on the rise due to factors including the international environment. In the meantime, the rise in gold continues this year. Last year, gold is considered to have yielded 27 percent. Continuing this trend, it rose by 7 percent on a monthly basis in January. Although the rise in the price of gold jewelry worries people, gold is attractive for investment purposes. In this context, the approach that investors should follow regarding gold becomes important. Is it a good idea to invest in gold right now Gold is generally considered a hedge against risks including inflation and international crises. In the current environment, the uncertainty of economic and international geopolitics is considered to be the reason for the rise in the price of gold. The aggressive policies being pursued by US Presid...

The value of a country’s currency is determined by the strength of its economy and its connection to the rest of the world through trade. However, not all countries can maintain their currency values ​​at the same level.   Weakest currency Top 10 cheapest currency in the world Some countries face the impact of weak economic conditions, political turmoil, and global pressures. Recently, Forbes magazine released a list of the world’s weakest currencies. Here are the countries that made it to the list and the reasons behind it.   1 .The rial of the West Asian country of Iran is currently ranked as the world’s weakest currency. Due to political and economic turmoil in Iran, the value of the Iranian rial has declined significantly over the years, starting with the Islamic Revolution in 1978-79.   2 .The Vietnamese dong, a Southeast Asian country, has long been a weak currency. This is largely due to Vietnam’s transition from a state-controlled economy to a m...