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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 ...

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.