Category: Business News
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Buy gold cheaper than market rate during Dhanteras, RBI has fixed these prices
(Harleen Kaur, Intern Journalist) Buying gold during Dhanteras and Diwali is considered very auspicious. Every family in India has a tradition of purchasing gold but on a very small scale during this festive season. Many people buy gold in terms of investment. Meanwhile, the eighth series of the Sovereign Gold Bond Scheme will open for…
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Online Food: Rs. 5 lakh fine
(Milcah Anila, Intern Journalist) Vijayawada: During Covid-19, many homes were making and selling cakes and food items. However, the authorities advise being careful in this regard. During Covid-19 many people were making and selling cakes and food items in their homes. However, the authorities advise being careful in this regard. Selling them without a license…
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Bank India’s profits increased more than double in the corona era
(Satya Havilah, Intern Journalist) New Delhi: Said on Friday that its cumulative net profit in the second quarter of the financial year 2020-21, which ended on September 30, more than doubled to Rs 543.47 crore. The bank had reported a net profit of Rs 257.31 crore in the same period of the last financial year.…
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Gold futures benefit from spot demand
(Satya Havilah, Intern Journalist) New Delhi: On Thursday, gold prices surged by Rs. 185 to Rs. 52,240 per 10 grams at futures trade on speculators buying fresh deals due to strong spot demand. At the Multi Commodity Exchange, gold futures delivered in December rose by Rs. 185, or 0.36 percent, to Rs. 52,240 per 10…
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Flipkart Big Diwali sale to start from November 8,
(Manisha Mahar, Intern Journalist); Flipkart has announced its next sale, which is the ‘Big Diwali Sale’ which will start from 8 November and will run till 13 November. In this sale, smartphones like Realme Narzo 20 Pro, Poco M2, Redmi 9i, and even Realme C3 will be available at huge discounts. Flipkart has partnered with…
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NPS is a better option for investment
(Harleen Kaur, Intern Journalist) The National Pension System (NPS) is a government-run investment scheme. Subscribers can either apply for an NPS account by visiting Point of Presence (PoP) or can do so online through the e-NPS website. Although it was started for government employees in 2004, later it was made accessible to the general public…
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Gold futures fell, silver also declined
(Harleen Kaur, Intern Journalist) The domestic futures market has seen a fall in the price of gold on Friday morning. The gold prices of December futures on the MCX exchange appeared to be trending at Rs 51,728 per 10 grams, falling by Rs 327 at 10.32 am on Friday. Apart from this, the futures price…
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Crude oil price: Crude oil price down by 1%
Aatmja Kumari(Intern Journalist): US crude oil prices fell on Thursday. In the US presidential election results, the dollar is strengthened by the possibility of Democratic Party’s Joe Biden’s victory. However, the Republican Party is likely to retain the Senate. Due to this, the chances of the big package in America are less US West Texas…
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Edible oil not likely to become cheaper before the new year
Aatmja Kumari(Intern Journalist): Edible oil prices have gone up by 20% to 40% during the last few months. Edible oil prices are not expected to fall before the new year. However, the demand for edible oils is low due to the coronavirus epidemic. The main reason for the rise in prices is the low supply…
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All-round shopping outpaces market, Sensex crosses 41000 mark
Aatmja Kumari (Intern Journalist): On Thursday, there was tremendous greenery in the Gherlu stock market. All-around shopping fueled the market. The major indices closed for the fourth consecutive day. The BSE Sensex crossed the psychological level of 41,000 and the Nifty 50 index crossed 12,000. There is excitement in the market as Joe Biden’s name…