Market and Business News

New Delhi, 29 November 2022, Tuesday Digital lending is growing rapidly in the country. Fintech companies processing loans by taking online applications in the July-September quarter totaled Rs. 14,016 crore of loans were disbursed. In the same quarter a year ago, disbursed as such Rs. 4,435 crore is more than three times (216%) of the loan. Digital lending refers to lending through web platforms or mobile applications. 1.63 crore loans were disbursed in the last quarter Both the number and value of loans disbursed through digital lending apps or websites have grown exponentially. A total of 1.63 crore loans were given in the last quarter. This is 149% higher than the loans disbursed in the September quarter last year. Further, the average loan size disbursed during the quarter also increased by 27% to Rs.8,602.

- About 2,600 employees work in these 100 companies that brought such a rule. New Delhi, 29 November 2022, Tuesday Amid fears of a global recession, many multinational companies are laying off workers. At the same time, 100 companies in Britain have given their employees a big gift. 100 companies in the United Kingdom have announced that they will give their employees 4 days of work, i.e. 4 days on and 3 days off, in order to revive the UK economy, which is in the grip of rising inflation and recession. The special thing is that these companies have made it a rule for all employees to work four days a week permanently without cutting their salary. Regarding this big announcement, these companies believe that by working 4 days a week, they will be able to bring a big change in the country. Around 2,600 employees work in these 100 companies. Working 4 days will increase the productivity of companies UK companies argue that working 4 days a week instead of 5 will motivate companies ...

AHMEDABAD: After downgrades by rating agencies Moody's and Fitch, domestic agency SBI Research has now cut its growth forecast for the country's growth rate to 5.8 percent for the July-September quarter due to weakness in manufacturing activities and mounting pressure on margins. A report issued by SBI Research said that the GDP growth rate in the second quarter of the current fiscal may be 5.8 percent, which is 0.30 percent lower than the previous average estimate. The GDP figures for the July-September, 2022 quarter are to be released by the government on November 30. According to a team led by Soumya Kanti Ghosh, head of SBI Research, operating profit of non-banking and financial sector companies fell 14 percent in the second quarter, up from 35 percent in the same quarter a year ago. According to the report, the revenue growth rate of these companies has been good in this quarter, but their profits have declined by about 23 percent compared to a year ago. Apart from thi...

Ahmedabad: Bank credit increased by 17.2 percent year-on-year in the July-September quarter. Bank credit growth was seven percent in the same quarter a year ago. An increase in bank credit indicates an increase in the economic activity of an economy. Releasing quarterly data on deposits and loans of public sector banks for September-2022, the Reserve Bank of India said credit growth remained balanced. All population groups and bank groups recorded more than 10 percent growth in credit during September, 2022. This data is collected from all Scheduled Commercial Banks. It includes regional rural banks, small finance banks and payments banks. According to RBI data, loans increased by 17.2 percent in the September quarter. Loan growth was 14.2 percent in the previous April-June quarter. At the same time, the figure was seven percent in the same quarter a year ago. According to the data, total deposit growth has been in the range of 9.5 and 10.2 percent annually since June 2021. However...

Mumbai: In the Mumbai currency market today, one sided fluctuation was seen in the dollar price against the rupee. However, at the end of the day, the dollar closed marginally higher against the rupee. The price of the dollar opened at Rs.81.58 this morning with Rs.81.68 but then the dollar price stopped falling further and rose again and was finally trading around Rs.81.72. The rupee depreciated by four paise overall. The rupee opened higher today amid a record rally in the stock market. Although crude oil prices stopped falling in the world market, there were indications from overseas that the rupee had weakened again in the afternoon in the currency market at home. There was news that home sales figures in America were better than expected. There were now players eyeing the job growth figures. The market is keeping an eye on the meeting of the Federal Reserve in America on December 13 and 14. Meanwhile, the global index of the dollar against various major currencies in the world ...

Mumbai: Gold and copper prices were soft in the Mumbai jewelery market today. World market news was showing biased fluctuations. Domestic currency market also witnessed a biased movement in the dollar price against the rupee. Gold prices in the world market were 1755 to 1756 dollars per ounce at a low of 1739 and a high of 1759 to 1755 to 1756 dollars. Behind gold, global silver prices were also 21.38 to 21.39 to 20.90 dollars per ounce, and 21.40 to 21.21 to 21.22 dollars to the highest. At home in Ahmedabad jewelry market today, silver prices fell by Rs.500 per kg to Rs.62 thousand. Ahmedabad gold prices were being discussed at Rs.54300 at 99.50 for 10 grams and Rs.54500 at 99.90. Meanwhile, the price of platinum in the world market was 991 to 992 low 988 and high 108 to 1002 to 1003 dollars per ounce. Palladium prices ranged from $1885 to $1847 to $1847 per ounce in the highs of 1837 to 1838. Global copper prices rose by 1.30 to 1.35 percent today, as there was talk of a rise in...

Mumbai: In the Mumbai oil-seed market today, the prices of single oil stopped falling and rose again behind Saurashtra, while the prices of cottonseed oil remained soft. Meanwhile, prices of imported edible oils were quoted higher in the world market. As the prices of crude oil in the world market rose from the top, the global consumption of oil also increased. Malaysia palm oil futures were raised by 80 to 85 points today. After the price of American soybean oil increased by 155 points overnight, today the price remained in the projection of 35 to 40 points plus. At home in Saurashtra today, the price of single oil stopped falling and increased again to Rs.1500 and 15 kg to Rs.2400 while the price of Saurashtra cotton washed decreased to Rs.1200 to 1205. In the Mumbai spot market today, the price of single oil rose again from Rs.1500 to Rs.1525 per 10 kg, while the price of cottonseed oil decreased to Rs.1270. The price of imported palm oil was Rs.970 against Rs.960. In palm oil, ...

Mumbai: Gold-Chadi prices rose again in the Mumbai jewelery market today after falling initially. World market news was showing biased fluctuations. In the domestic currency market, the price of the dollar against the rupee also showed a biased fluctuation. The effect of this was seen on the jewelry market today. Gold prices in the world market were 1746 to 1746 dollars per ounce from 1754 to 1755 and 1763 to 1755 to 1756 dollars per ounce. Global silver prices were 21.74 to 21.75 dollars per ounce. At home Ahmedabad silver prices increased by Rs.500 per kg to Rs.62500. Ahmedabad gold prices were Rs.54,200 at 99.50 and Rs.54,600 at 99.90 per 10 grams. In the world market today, the price of platinum was 983 to 984 dollars per ounce with a low of 974 and a high of 993 and 991 to 992 dollars. Palladium prices were trading at 1847 to 1848 highs of 1885 and lows of 1826 to 1837 to 1838 dollars per ounce. Global copper prices remained in minus 0.60 to 0.65 percent this evening. As the ou...

MUMBAI: The prices of various domestic and imported edible oils were seen to fall in the Mumbai oilseeds market today. There was a new demand. The news of Saurashtra and the world market were showing decline. In the agricultural markets of America, soybean oil price projections were talking 70 to 75 points lower this evening. Malaysian palm oil markets remained closed today. Global edible oil prices were under pressure as crude oil tumbled in the world market. Meanwhile, domestic prices in Saurashtra today fell from Rs.1470 to Rs.1475 for single oil and Rs.2360 for 15 kg. While the price of Saurashtra Cotton Washed has decreased to Rs.1210 to Rs.1215. In the Mumbai spot market today, the prices fell to Rs.1500 per 10 kg of single oil and Rs.1280 of cottonseed oil, while mustard remained calm at Rs.1440 and refined at Rs.1470. The price of Mumbai imported palm oil fell to Rs.960. Trades were scattered. The price of crude palm oil CPO kandla was Rs.875. Meanwhile, Mumbai soybean oil ...

Mumbai: Despite the negative factor on the global front of crude oil prices collapsing to a 10-month low amid tension in China, people took to the streets to protest against the government due to the Corona lockdown, the positive factor of a major reduction in the import bill for India, funds in the Indian stock markets today created a history of new highs in the Nifty. was With crude oil prices falling, petrol and diesel prices are also expected to fall, funds, automobiles, oil-gas stocks have rallied and selected IT, healthcare, banking stocks have taken a hit. 18562.75 and Sensex 62701.40 created a new history and finally closed at a new high of 62504.80 with an increase of 211.16 points. Small, mid-cap stocks witnessed widespread buying today. Crude namax at $74: HPCL, BPCL up: Reliance up by Rs.91 to Rs.2708 After falling to a 10-month low, international crude oil prices continued to decline further today, with Brent falling by $2.61 to $81 and Nymax-New York crude falling by $...

- A furniture manufacturing company in Mississippi laid off workers overnight - A two-decade-old company suddenly stopped working - Senior officials were fired in the summer - Filed a case against the company - There is no confirmation as to why the employees were suddenly fired New delhi date. 28 November 2022, Monday A furniture manufacturing company in Mississippi laid off 2,700 workers overnight. According to the report, United Furniture Industries (UFI) texted and emailed employees at midnight on November 21 asking them not to come to work the next day. UFI is known for making budget friendly sofas and recliners. According to the report, a message sent by the company to employees said, 'On the direction of the Board of Directors... we regret to inform you that a sudden situation has arisen in the business, which we were not aware of. Due to this, the company has to take a difficult decision to lay off all its employees. Another email says you are being permanently fire...

- Twitter is going through big changes - Twitter will be seen with many new changes New delhi date. 28 November 2022, Monday Want to make Twitter-2.0 an 'everything app': Musk There is another news coming from Elon Musk, the new owner of Twitter. Twitter's new owner and CEO Elon Musk on Sunday explained his vision for the transformation of the social networking site. In fact, Musk wants to convert Twitter-2.0 into an 'everything app', in which users will have access to many services on one platform. In which soon the character limit of tweet can be increased from 280 to 420. That is, now you can tweet in 420 words. Musk said this in response to a suggestion to increase the per-user limit. One Twitter user wrote, 'Twitter 2.0 should reduce the annoying character limit of 280 to 420. To this Musk replied, 'Good idea'. In its early days, Twitter only allowed a character limit of 140 characters. After this, in 2018, the number of characters was increas...

- Five consecutive days of bullishness in the market - Sensex 62701 and Nifty hit a record high of 18614 AHMEDABAD: On the back of various favorable factors, two major indices of the Indian stock market, Sensex and Nifty, today bounced back from the highs after forming new all-time highs. Crude prices in the international market fell to a 10-month low along with reports of a significant reduction in India's import bill, which had a favorable impact on the market sentiment as foreign investors turned to the Indian stock market again. On the back of these reports, fresh buying by funds and players came out today under the watchful eye of foreign investors. Sensex rose to a new record high of 62701.40 and closed at the end of business by 211.16 points at a new high of 62504.80. The Nifty also rose intra-day and crossed the previous high of 18605 to touch a new record high of 18614.25 and finally closed up 50 points at a new high of 18562.75.

- Crude oil prices fall by more than two percent - Shares of Chinese telecom major ZTE plunged 4.2 percent amid US ban on its products. Bangkok: European and Asian stock markets rallied on Monday after protests against China's strict zero Covid lockdown took place in many cities. A 4 percent decline was seen in the Hong Kong stock market. US futures were down two percent and oil prices were down two dollars per barrel. After decades there have been protests against the ruling Communist Party in China. It is worth mentioning that the number of corona cases in China is less than that of America and other countries, yet people are upset about the lockdown in China. Germany's stock market DEX was trading at 14,421.88 points down 0.8 percent till the last news. France's stock market CEC-40 was trading down 0.8 percent to 6656.18 points. Britain's FTSE-100 was trading down 0.6 percent to 7448.10. Shares of Chinese telecom equipment maker ZTE plunged 4.2 percent amid US ...

Mumbai: Aggressive credit growth may limit the country's banks' ability to absorb possible future losses, Fitch Ratings has warned. A credit growth of more than 13 percent in the banking system will put pressure on core equity tier 1 ratios of banks. Core equity Tier 1 ratios have declined by half a percentage point in the first six months of the current financial year due to strong credit growth. This ratio was 13.40 percent at the end of last financial year. Despite the rise in interest rates in the banking system, credit growth is expected to remain robust in the current financial year. The credit growth figure is expected to be around 13 percent in the current financial year i.e. 2022-23 as against 11.50 percent in the financial year 2021-22. The demand for bank loans is increasing as the economy recovers after the Corona period. As a result of economic growth, the demand for retail and working capital is increasing. Fitch has estimated the country's economic growt...

Mumbai: The Mumbai currency market saw a one-sided surge in the dollar price against the rupee today. After an initial high against the rupee, the dollar fell again. The price of the dollar was Rs.81.68 to 81.69 high after falling from Rs.81.83 to 81.84 and finally falling to Rs.81.67. As the offshore price of China's yuan currency plunged to a two-week low against the dollar in the global market, the rupee also broke against the dollar at one point in the Mumbai market today. However, market sources said that the rupee rose again against the dollar in the afternoon due to the record rise in the stock market and the drop in crude oil prices in the world market. There was news that the global index of the dollar increased from 106.25 to 106.30. This global index was recently down to 105.30. However, this global index has fallen by 5 percent overall this month, market sources said that the 12-year record in the monthly decline of the dollar global index has been broken. While the...

New Delhi, 28 November 2022, Monday The Indian economy is likely to return to a more modest 6.2% annual growth rate in July-September after double-digit expansion in the previous quarter, but weaker exports and investment will keep future activity under control, a Reuters poll showed. In April-June, Asia's third-largest economy showed explosive growth of 13.5% from a year earlier, mainly depressed by epidemic-control restrictions due to the corresponding period in 2021, but the Reserve Bank of India has now revised its target of 2% to 6%. Raises interest rates to curb inflation running above the range, which is set to further slow the economy. A Reuters poll of 43 economists had forecast 6.2% annual growth for the latest quarter of November 22-28, slightly lower than the RBI's 6.3% view. Forecasts were between 3.7% and 6.5%. "We have behind us an exceptionally favorable base for the April-June '22 quarter, which will normalize the real GDP growth rate from July-Sep...

Mumbai: With the resumption of sunflower oil imports from war-torn Ukraine from early September after a gap of four months, the supply of sunflower oil in the country is returning to normal levels. Ukraine is a major supplier of sunflower oil to India. But after the Russia-Ukraine war broke out in February, supplies from Ukraine were disrupted. Russia blocked access to Black Sea ports, affecting supplies. However, following an agreement between the United Nations and Turkey, supplies from Ukraine have been successfully resumed, government sources said. India's crude sunflower imports number between 20 and 25 lakh, of which 85 percent are from Ukraine and Russia. In September, India imported 29370 tonnes of sunflower oil from Ukraine and 32178 tonnes from Russia. Argentina has been the largest donor since the outbreak of war. A total of 60,921 tonnes were imported in September, according to government statistics.

MUMBAI: Global investors are again attracted to invest heavily in India as India continues to move forward on the path of economic growth through its foreign policy and economic policy coordination amid the global economic crisis of geopolitical tensions, inflation-inflation, rising interest rates and expansion of corporate India. is As a result, a new history of new highs has been created in Sensex last week in the Indian stock markets. Nifty is now a hand away from record levels. With foreign funds and local funds in the stocks, investors are again taken with re-valuation and re-rating in the stocks of companies with good fundamentals, a new bullish streak has started and the market has entered a new bullish zone. Now in the next week of the elections to be held in Gujarat, along with index based bullishness in the market, small, mid-cap, cash stocks are likely to witness a wide burst of bullishness, Sensex, Nifty based record bullishness can be seen going forward. Between these pos...

Mumbai: Index provider S&P Dow Jones Indices today released the S&P Indices vs Active Funds India Scorecard. According to the report, 90.91 Indian equity largecap funds underperformed the index in the one-year period ended June 2022. In the same period, 27.45 percent of Indian mid/large cap and 75.61 percent of Indian ELSHs underperformed their potential benchmarks. The start of the year was particularly difficult for Indian equity large-cap managers, with 87.5 percent of funds in the category underperforming in the first half of 2022, according to the Spiva India Year-End 2021 Scorecard for the same period. After holding up well in the first quarter, Indian equities weakened in the second quarter of 2022. Among all the categories included in the Spiva India Scorecard, Indian equity mid/smallcap funds performed best over the long term. A slim majority of these funds have outperformed the S&P BSE 400 Mid/Smallcap Index over the 10-year period ending June 2022. Despite th...

MUMBAI: Singoil prices in the Mumbai oilseeds market today remained on the decline behind Saurashtra. Cottonseed oil was calming. Imported edible oils continued to fluctuate narrowly. The market informants said that import demand and market price of imported palm oil have come to the same level around Rs.975 per 10 kg. Meanwhile, in the Mumbai spot market today, the price of 10 kg single oil fell to Rs.1520. While cotton oil prices were calm at Rs.1300. In Saurashtra, single oil prices fell to Rs.1480 to 1490 and 15 kg to Rs.2370, while cotton washed prices remained calm around Rs.1230 to 1235. Meanwhile, the area of ​​mustard cultivation in the country has increased to nearly 70 lakh 90 thousand hectares in the period till now under rabi cultivation which was close to 62 lakh hectares in this period last year. Mustard cultivation has increased by about 14 to 15 percent during this period this year. Meanwhile, the price of mustard oil was quoted at Rs.1440 and refined at Rs.1470 in ...

Mumbai: Bullion market was officially closed today due to Saturday in Mumbai jewelry market. However, the prices of gold and silver in the closed market were higher behind the world market. In the Mumbai bullion market, gold prices were quoted at Rs.52,600 at Rs.52,449 per 10 grams of 99.50 without GST and Rs.52,800 at 99.90 per kg at Rs.52,660 while Mumbai silver prices were at Rs.61,829 at Rs.6,2000 per kg without GST. In Mumbai gold-silver prices including GST were three percent higher than this price. Meanwhile, in the Ahmedabad market today, the price of gold rose by Rs. 99.50 to Rs. 54300 and rose by Rs. 100 to Rs. 54500 from 99.90. Ahmedabad silver price was Rs.62 thousand. Meanwhile, gold prices in the global market were pointing to a high of 1750 to 1751 an ounce to 1761 to 1762 at the end of the week at 1754 to 1755 dollars. Behind gold, the global silver price rose from 21.27 to 21.28 per ounce, and was last seen at 21.74 to 21.75 dollars. There was talk of increased bu...

- Smile Index : Vanity - Leaders do 20 types of scams without being elected or do 20 types of scams for others while being deprived of tickets are also G-20. After you, India has got the presidency of G-20 in that order, but in the life of the people of India, there are already several types of G-20. For example, the Ice Ball of Ahmedabad could advertise the G-20 ball. If someone asks what is 20 in this sphere, he will say, 'G-20 means ice plus sali plus other 18 items, including four types of sherbet.' If an Ahmedabadi customer starts asking the sum, which of the remaining 14 items, Golawala will say, 'Boss, if you know, tell me, if I know, I will tell.' Ask a teenager around a bullet truck what he has to say about G-20 and he will say, 'Old man, ask what you have to say, not yours. I am admin in 20-20 group. I have the power to make you viral or block you in 20 groups at once.' If you ask a Gujarati girl about G-20, she will say, 'Le, don't you?...

MUMBAI: Taking advantage of the current rally in the stock market, the government is mulling to sell its stake in several public sector undertakings. Taking advantage of the boom, the government intends to achieve the disinvestments target for the current financial year, informed sources said. The government is considering selling its stake in Coal India, Hindustan Zinc and Rashtriya Chemicals and Fertilizers (RCF). Expression of interest for divestment of Container Corporation of India may be approved soon. Through the offer-for-sale mechanism, the government is considering selling five to ten percent of its stake in five undertakings, including Rashtriya Chemicals and Fertilizers, Hindustan Zinc and Coal India. The government expects to raise Rs 16,500 crore through this sale. The funds will be used to offset the increase in the subsidy bill due to the Russia-Ukraine war. The government plans to raise Rs 65,000 crore through disinvestments in the current financial year, but so fa...

MUMBAI: India's economy continues to grow amid global economic uncertainty amid the opinion of experts, critics, funds continued to create new records in the Indian stock markets over the weekend today with the Sensex creating a new record high of 62,447. Of course, in the stocks today, Sensex, Nifty based on the rise, giving a break to the big boom, funds, players again took advantage of the opportunity of reduced valuing in small, mid cap, cash stocks and there were signs of widening the boom. Ahead of the Gujarat polls, funds bought stocks today amid speculation that the result would favor the one-sided ruling party. Due to which, the possibility of a big all-round boom in the next week started to be discussed. After initially falling to a low of 62115.66 on frontline banking stocks, the Sensex entered the positive zone with buying in automobile, consumer durables, oil-gas, metal-mining stocks, creating a new all-time high of 62447.73 and finally rose 20.96 points to 62293.64. ...

- The days of high crude prices are over but it is uncertain when the burden on consumers will ease - Govt not giving relief to local consumers of cheap Russian crude: Imported 9.5 lakh barrels of Russian crude per day in October - Oil marketing companies posted a loss of Rs 21,228 crore due to local cheap crude and retail pricing mechanism. AHMEDABAD: Despite the continuous decline in crude oil prices in the international market, there has been no reduction in the prices of petrol and diesel and due to this, the burden of inflation is falling on the Indian consumers. In June 2022, the average price of crude oil purchased from Indian companies was $116.01 per barrel, while currently crude oil is being purchased at $89.57 per barrel. Consumers are buying petrol and diesel at April 2022 prices and are bearing the brunt, even though crude oil is getting cheaper by around 23 per cent. Currently, oil marketing companies in India are buying crude oil at a price of $89.57. Not only this ...

- No food service from December 29 Veteran e-commerce company Amazon has decided to close its food delivery business after its edtech business in India. According to reports, Amazon has told its restaurant partners on Friday (November 25) that it will stop its food delivery service from December 29. Amazon started food delivery business in May 2020. Amazon has given this information by mailing to its restaurant partners. In this mail, Amazon said, 'This decision means that you will no longer receive orders from customers through Amazon Food after this date. However, you will continue to receive orders till the last date and we hope, you will continue to fulfill those orders. Amazon has promised its restaurant partners that it will meet their payment and other contractual obligations on time. Restaurants will have access to all Amazon tools and reports until January 31, 2023, the report said. The company will also provide support for any compliance related issues till March 31 n...

- Extensive activity shown towards increasing the area of ​​palm fruit cultivation and production of mustard-mustard at home. Years ago, the country had to import grains as the demand for wheat and rice was higher than the local production, but then the dependence on imports was removed due to the widespread increase in domestic production of wheat and rice, but still the country continues to rely on imports in terms of pulses and edible oils. Under such circumstances, there have been reports that the government has started serious efforts to increase the production of various pulses and oilseeds at home. However, the market players are keeping an eye on how much these efforts bear fruit. Recently the government has started a campaign to increase the area of ​​palm cultivation to increase domestic production of palm oil and special efforts have been initiated for this in southern India especially in Telangana region. India has seen a significant increase in palm oil imports from Mala...

- Industrial Guidance : Dhiru Parekh India is taking a very prominent step in the field of technology. In which new technology and new products, modernization also increases the need for all things in vast India. Along with that, new developments are being made with great skill and understanding by the products manufacturing industry list. Technology is being developed keeping in mind the customer. Every aspect of the customer's need is being woven into it. Consumers are also considering new technologies. Here we will write about dry ice coming from new technology. Since the name of snow is mentioned, people from small children to adults know about snow for sure. And in the hot season, ice is used more and more. This type of snow is water-based snow. And every small town has ice factories. It is considered as an essential product. But ice made from this type of water has a high potential for bacteria. Let's write about zero bacteria type of dry ice. Dry ice means CO2 liqu...

- Antenna : Vivek Mehta If the difficulty of the traders is not increased, then the GST officer will not be. All kinds of tricks have been played by GST officials to extract money. Last week, an officer has fallen into the trap of the CBI for demanding a huge bribe. Sometimes in issuing GST numbers and sometimes in spot checks, officials find an opportunity to harass traders. GST officials act with the mentality that hundred percent of traders are doing illegal work. Even after five years, the issue of transit tax credit, which came from VAT to GST, has not been fully resolved. Every day a new drama is played by the GST officials. In the event that the officer feels that some particulars are missing while scrutinizing the Goods and Services Tax return, the trader may seek the missing information by serving a notice under Section 61 of the GST Act. But instead, the GST officials have insisted on submitting a full audit report by issuing a notice under Section 61 of the GST Act. Exper...

- Commodity Current : Jayavadan Gandhi Nowadays, the fear of Corona outbreak in China, the issue of interest rates and inflation and the effects of the Russia-Ukraine war reaching Poland, the demand in the commodity sector at the global level decreased, all the markets were in favor of recession last week. Nine percent in crude oil, two percent in natural gas and metal commodities were also wrapped in recession. There is a bullish atmosphere in gold and silver these days. The surge in prices during the busy wedding season is a cause for concern in jeweler circles. Last month gold prices were in the range of 51000 to 52000 but have now bounced to the higher range of 52500 to 54000 and silver prices have touched the highs of 62000 to 63000. High prices are affecting demand. Most of the schemes are not having much impact. Globally, if the effect of inflation and war and Corona continues, the gold and silver market is expected to strengthen even more. Due to this, the possibility of gold...

- After the spread of Corona, a 17 percent decrease in exports was seen for the first time in October - At a time when the world is moving away from doing business with China, the agreement with Australia will prove positive for India The Parliament of Australia ratifying the Economic Cooperation and Trade Agreement with India has paved the way for the implementation of the Free Trade Agreement between the two countries. This agreement is likely to be implemented from January 1, 2023. This is India's first such trade agreement with a developed country in more than a decade. This is the second agreement after the United Arab Emirates in May this year. After the agreement with Australia, there are indications from the government that the negotiations with Britain will also be accelerated. The FTA with Australia has created an opportunity for India to gain market share in other countries. Such agreements are welcome to boost exports from the country, but they can be considered fru...

New delhi date. 26 November 2022, Saturday Huawei Technologies and ZTE Corp. were banned from selling the electronics in the US by regulators who say they pose a security risk, continuing years of efforts to limit Chinese telecommunications companies' access to US networks. "The FCC is committed to national security by ensuring that unreliable communications equipment is not authorized for use within our borders, and we are continuing that work here," Chairwoman Jessica Rosenworcel said in a news release. These new rules are an important part of our ongoing actions to protect the American people from national security threats involving telecommunications." In a 4-0 vote, the FCC concluded that the products pose a risk to data security. Past attempts to curb Chinese access have included export controls to hack keys, sophisticated equipment and software. Recently US officials have weighed in on restrictions on TikTok over concerns that Chinese authorities could acce...

- Lokabhimukha Guidance : H.S. Patel IAS (Retd.) - In the 2013 law, there is a provision to make land reference before a different authority instead of the court (continued from previous) We have presented information on the provisions of land acquisition process of Land Acquisition Act-1894 and the new 2013 Act in the previous article, nowadays we see fierce representations / protests by the owners of lands being acquired under Bullet Train, National Highway, Metro Train or other big projects, such as As stated, the state has the right as per the provisions of the constitution to acquire land/property of anyone for public purpose by following the legal process, yes, following a certain transparent process and fixing the compensation as per the prevailing market rate, provisions of solatium compensation for loss of land in the new law. Need to know. As per the Right to Land Acquisition, Rehabilitation and Resettlement, Fair Compensation and Transparency Act, 2013, principles have b...