Gold rallies by Rs 770 amid strong global trends
Feb 03, 2023, 02:54 PM ISTThe gold market in India saw a significant rally as prices rose by Rs 770 per 10 grams. The increase in prices was attributed to strong global trends and a weak US dollar.
The gold market in India saw a significant rally as prices rose by Rs 770 per 10 grams. The increase in prices was attributed to strong global trends and a weak US dollar.
In light of Pakistan's faltering economy, the International Monetary Fund rejected the country's proposed Circular Debt Management Plan (CDMP) and demanded higher power prices.
According to Zuckerberg, the Facebook parent will also seek to reduce non-performing or unimportant initiatives and enhance the execution of priority.
According to a Bloomberg News report, Pinterest is laying off 150 people, or less than 5% of its overall workforce. Pinterest is the latest in a long line of IT firms to lay off employees.
Global gold demand reached an 11-year high in 2022, fueled by both retail and central bank purchases. This surge in demand is attributed to a number of factors, including economic uncertainty and low-interest rates, which have caused investors to seek safe-haven assets such as gold.
Despite positive trading for most Cryptocurrencies, Bitcoin, Binance Coin, and Ethereum witnessed a dip in value with significant gains. The Current Market Condition has led to a decrease in the worth of several alternative cryptocurrencies.
The deposit might be made in the name of a girl or a woman. The maximum limit for deposit amount has been set at Rs. 2 lakh, and the plan will also allow for partial withdrawals.
Union Budget 2023: At the presentation of the Union Budget for 2023–24, Finance Minister Nirmala Sitharaman announced the PM Primitive Vulnerable Tribal Group Scheme and the recruitment of more than 38,000 teachers for more than 700 Eklavya model schools.
Union Budget 2023: In line with the objectives of the International Year of Millet 2023, FM Nirmala Sitharaman said the Indian Institute of Millet Research in Hyderabad will be supported as the "center of excellence."
The Finance Minister has devised seven facets which have been given priority in the Union Budget 2023.
Union Budget 2023: Finance Minister Nirmala Sitharaman today presented the budget in parliament. She highlights 'Green Growth' as one of the main focuses of the government.
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The Economic Survey provided a variety of statuses of the Indian economy and provides thorough statistical data on several sectors and how they performed in the previous year.
In India, there is a major gap between what the market wants and what farmers produce. This gap needs to be solved to achieve the Government's declared target of doubling farmer profitability.
The Delhi-based company seeks to raise Rs 100 crore through the issuance of equity shares and other convertible securities, warrants, bonds, FPO.
The Hyderabad headquartered company through an exchange filing informed that its total income stood at Rs 41.11 crore during the quarter under review as against Rs 24.62 crore in the corresponding quarter last fiscal.
Cryptocurrency prices have significantly decreased in recent months, with the value of top coins such as Bitcoin and Ethereum falling from their previous highs. The current market situation has also resulted in a decline in the value of various alternative coins.
The Fed's decisions regarding interest rates can impact the demand for gold, which is often seen as a safe-haven asset during times of economic uncertainty. Market participants are closely monitoring the Fed's meeting for any changes to interest rate policy, which could affect the value of gold.
The allocation for the Ministry of Health and Family Welfare in the Union Budget 2022-23 was around Rs 86,200 crore, a 16.5% increase compared to the previous year.
Adani Enterprises' Rs 20,000 crore ($2.5 billion) follow-on public offer only saw a 1% subscription on the first day, with retail and institutional buyers showing limited interest.
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