Mansa Samachar

Gold and silver prices rise: Gold reaches ₹97,021 and silver reaches ₹1.08 lakh per kg

Gold and silver prices have increased significantly this week. According to IBJA (India Bullion and Jewellers Association) data:

Gold price increase:
June 28 (Saturday): ₹95,784 (10 grams)
July 5: ₹97,021 (10 grams)
Increase: ₹1,237 (weekly)
All-time high (June 18): ₹99,454


Silver price increase: June 28 (Saturday): ₹1,05,193 (1 kg)
July 5: ₹1,07,580 (1 kg)
Increase: ₹2,387 (weekly)
All-time high (June 18): ₹1,09,550


Gold prices in 5 metros (As of 10 grams, July 5):
City 24 carat (₹) 22 carat (₹)


Ahmedabad 97,337 89,161
Delhi 98,980 90,970
Mumbai 98,830 90,600
Kolkata 98,830 90,600
Chennai 98,830 90,600
Bhopal 98,880 90,650


Gold and silver price fluctuations in 2024:
From January 1 to date:
Gold: ₹76,162 → ₹97,021 (Increase: ₹20,859)
Silver: ₹86,017 → ₹1,07,580 (Increase: ₹21,563)
Annual increase in 2023: Gold increases by ₹12,810.


Future projections:
According to Ajay Kedia of Kedia Advisory:
Gold: May reach ₹1,03,000/10 grams (due to factors like geopolitical tensions, Israel-Iran war). Silver: May rise to ₹1,30,000/kg.

Gold and silver prices in India are likely to rise further due to volatility in international markets and weakness of the dollar.

Article published | Sat | 05 Jul 2025 | 9:10 PM

Gold prices today jumped by ₹306 to ₹97,786 per 10 grams, while silver is selling at ₹1,060 up to ₹1.08 per kilogram (or gram).

Gold and silver prices have seen an increase on July 3, 2024. According to the Indian Bullion and Jewellers Association (IBJA):

Gold price hike
24 carat gold: ₹306 up to ₹97,786 per 10 grams (previously ₹97,480) 24 carat gold in Ahmedabad: ₹99,380 per 10 grams

Silver price hike
Silver: ₹1,060 up to ₹1,07,748 per kg (previously ₹1,06,688) Silver and gold were at all-time highs on June 18, 2024: Silver: ₹1,09,550/kg
Gold: ₹99,454/10 grams


Gold price by carat (10 grams)
Carat price (₹)


24 97,786
22 89,572
18 73,340


Gold prices in major cities (10 grams)
City 24 carat (₹) 22 carat (₹)


Ahmedabad 99,380 91,100
Delhi 99,480 91,200
Mumbai 99,330 91,050
Kolkata 99,330 91,050
Chennai 99,330 91,050
Bhopal 99,380 91,100


Thus, today the prices of gold and silver have increased, although on June 18 There is a slight decrease from the record level.

Article published | Thu | 03 Jul 2025 | 8:43 PM

"Gold rises by ₹167 to ₹95,951 per 10 grams, silver falls by ₹1.06 lakh per kg: Market turmoil"

Gold price increase and silver price decrease (June 30, 2024)
24 carat gold price increased by ₹167 to ₹95,951 (10 grams) (earlier: ₹95,784). 24 carat gold in Ahmedabad: ₹97,310 (10 grams). Silver price decreased by ₹682 to ₹1,05,875 (kg) (earlier: ₹1,05,193).

Historical high (June 18, 2024):
Silver: ₹1,09,550/kg (all-time high).
Gold: ₹99,454/10 grams (all-time high).


Gold price by carat (10 grams):
Carat | Price (₹)
24 | 95,951
22 | 87,891
18 | 71,963


Gold prices in metro cities (10 grams):
| City | 24 carat (₹) | 22 carat (₹) |


| Ahmedabad | 97,310 | 89,200
| Delhi | 97,410 | 89,300
| Mumbai | 97,260 | 89,150
| Kolkata | 97,260 | 89,150
| Chennai | 97,260 | 89,150
| Bhopal | 97,310 | 89,200


Gold price hike in 2024:
From January 1 to date:
Gold: ₹76,162 → ₹95,951 (₹19,789 increase).
Silver: ₹86,017 → ₹1,05,875 (₹19,858 increase).
In 2023: Gold became costlier by ₹12,810.


3 important instructions while buying gold:
1. Buy only gold with BIS hallmark:
Check the 6-digit HUID (e.g. AZ4524).
2. Crosscheck price and weight:
Use reliable sources like IBJA.
24K is pure, but 22K/18K is used for jewellery.
3. Take digital payments and bills:
Pay with UPI/card, avoid cash.
Check the packaging in online orders.

Note: Gold prices change daily, so check the latest prices before buying.

Article published | Mon | 30 Jun 2025 | 10:02 PM

Bangladesh pays ₹3,282 crore to Adani Power, remaining ₹4,274 crore; company resumes power supply

Bangladesh has paid $384 million (₹3,282 crore) to Adani Power in June 2025, reducing the outstanding amount due by March 2025. Bangladesh had promised to pay $437 million (₹3,735 crore) by the end of June. So far, Bangladesh has paid a total of $1.5 billion (₹12,822 crore), while $500 million (₹4,274 crore) of the total bill of $2 billion (₹17,097 crore) is still due.

Key points: 1. Payments and supply:
In November 2024, Adani Power had halved its power supply due to outstanding amounts. However, full supply resumed after monthly payments started from March 2025. Adani Power has also announced a waiver of $20 million (₹170 crore) in interest on late payments for January-June 2025, if Bangladesh fulfills its payment commitments.

2. Bangladesh's economic situation:
Bangladesh has been facing an economic crisis due to the Russia-Ukraine war and political instability in the country. The shortage of foreign currency has caused difficulties in importing essential goods such as electricity, coal and oil. Despite a $4.7 billion (₹40,178 crore) bailout from the International Monetary Fund (IMF), Bangladesh has sought more financial assistance.

3. Negotiations and investigation:
Negotiations are underway over the outstanding amount due to differences in calculations related to coal prices and plant capacity. The Bangladesh government has formed a high-level investigation committee due to the lack of transparency in contracts, including those with Adani Power.

4. Role of other Indian companies:
Companies like NTPC and PTC India also supply electricity to Bangladesh, especially in rural areas. Maintaining the stability of these contracts is important in the context of the financial and political crisis.

Future forecast:
The terms of contracts with Adani Power and other Indian companies may be reconsidered due to the financial situation and political instability in Bangladesh. If the remaining $500 million is paid on time, the electricity supply may remain stable.

Article published | Sun | 29 Jun 2025 | 9:00 PM

"Warren Buffett donates $6 billion: Gives 16 million shares to Gates Foundation and his children; 5.13 lakh crores of generosity in two decades"

Warren Buffett donates record ₹51,300 crore
Key points:
94-year-old Warren Buffett donated $6 billion (≈₹51,300 crore) of Berkshire Hathaway shares to the Gates Foundation and four of his own charities. 9.43 million shares to the Gates Foundation, while 19.81 lakh shares (≈6.6 lakh shares each) to his three children's trusts. His total donation since 2006 has reached $60 billion (≈₹5.13 lakh crore).

Will plan:
Buffett updated his will in 2023, announcing that he would give 99.5% of his assets to charitable trusts. His three children (Susie 71, Howard 70, Peter 67) will distribute the fund over 10 years and prepare a spending plan.

Investment in Apple:
In 2023, Berkshire sold 50% of Apple shares, bringing the company's cash stock to $276.9B (₹23.20 lakh crore). As of Q2 2024, Apple had shares worth $84.2B (≈₹7.05 lakh crore).

Buffett's current stake: He still owns 13.8% of Berkshire shares. He has led the company since 1965.

The donation is part of Buffett's "Giving Pledge", in which he promises to donate most of his wealth over his lifetime.

Article published | Sat | 28 Jun 2025 | 8:49 PM

Elon Musk's Starlink gets approval in India, high-speed internet will be available even in forests and mountains!

Elon Musk's SpaceX gets approval to launch Starlink service in India - Know the cost, benefits and challenges

Key points:
Approval received: The Department of Telecom has given permission to Starlink to launch satellite internet service in India.
Final approval pending: Now it will wait for the approval of INSPACE (Indian National Space Promotion and Authorization Center).
Cheapest plan: The introductory offer will get unlimited internet for ₹840/month ($10).
Competition: Starlink will have to compete with companies like Jio and OneWeb.
Benefit for rural areas: Starlink can be useful in areas where fiber or mobile networks do not reach.

Challenges facing Starlink in India
1. Limited capacity of satellites:
Currently, 7,000 satellites serve 4 million users worldwide. Even with 18,000 satellites, only 1.5 million Indian customers will be served by 2030 (IIFL Research). New customer registrations have already been stopped in America and Africa.

2. More expensive than traditional internet:
According to TRAI, urban users may be charged ₹500/month. Satellite internet is 7 to 18 times more expensive than fiber or 5G (JM Financial).

3. Less satellite coverage over India:
Only 0.70.8% of the world's total satellites will be present over India.

How will Starlink work?
Satellites will beam internet signals to Earth. The user will get:
Starlink dish (to be placed under the open sky) WiFi router
Power supply and mounting stand
Control via app: The app will be available on Android and iOS.


Future prospects
The goal is to reach 10 million customers in the long term.
However, cost and technology limitations can be a major hurdle.

Article published | Fri | 06 Jun 2025 | 10:02 PM

Gold prices fell by ₹210 to ₹95,315 per 10 grams, while silver prices fell by ₹1,000 to ₹97,100 per kg.

Gold and silver prices have seen a decline on May 30, 2024. According to data from the India Bullion and Jewelers Association (IBJA):

Change in gold prices
24 carat gold price: Yesterday it was ₹95,525/10 grams, while today it has fallen by ₹210 to ₹95,315/10 grams. 2 months ago (April 21), the price of gold reached an all-time high (₹99,100/10 grams).

Change in silver prices
Silver price: Yesterday it was ₹98,100/kg, while today it has fallen by ₹1,000 to ₹97,100/kg. On March 28, the price of silver reached an all-time high (₹1,00,934/kg).

Gold prices in 5 metro cities (May 30, 2024)
City 22 carat (10 grams) 24 carat (10 grams)
Ahmedabad ₹87,501 ₹95,525
Delhi ₹97,460 ₹89,350
Mumbai ₹97,310 ₹89,200
Kolkata ₹97,310 ₹89,200
Chennai ₹97,310 ₹89,200


(In cities other than Ahmedabad, the price of 22K is shown to be higher than 24K, which is generally considered bad data.)

Increase in gold and silver prices in 2024 Gold: Increased by ₹19,153/10 grams from January 1 ₹76,162 to ₹95,315. Silver: ₹11,083/kg increased to ₹86,017 to ₹97,100. In 2023: Gold became expensive by ₹12,810/10 grams.

Note: The main reason for the change in prices is the international market, dollar-rupee rate and supply-demand situation.

Article published | Fri | 30 May 2025 | 10:18 PM

Former SEBI chief Madhavi Buch has been given a clean chit by the Ombudsman in the Hindenburg-Adani case. The Ombudsman said that he did not find any concrete evidence against Buch.

Former SEBI chairperson Madhavi Puri Buch has been given a clean chit by the Lokpal in the Hindenburg case. The Lokpal (anti-corruption body) has dismissed all the complaints against her, as no concrete evidence was found to prove the allegations.

Key points of the Lokpal's decision:
1. Allegations based on speculation: The Lokpal said that the allegations made in the complaints were speculations, assumptions and unsubstantiated.
2. No verified evidence: The complaints were dismissed as no authentic documents or evidence were found during the investigation.
3. Complainants did not provide evidence: The Lokpal criticised that the complainants had raised the matter as a political movement, which had no legal basis.


5 main allegations against Madhavi Buch and Lokpal's response:
1. Investment with Adani Group: The Lokpal said that there was no illegal activity in this.
2. Transactions through consultancy fees (M&M, Blackstone): No malpractice was found in these transactions.
3. Rental income with Wockhardt: Allegations were held to be without evidence.
4. Profit by selling ICICI Bank's ESOP: It was held to be a legitimate transaction in the stock market.
5. Pretending with M&M and Blackstone: This allegation was also held to be baseless.


Ombudsman's criticism: The complainants misused the Ombudsman's process by making allegations without evidence. Such complaints harm the anti-corruption system and are subject to legal action.


Conclusion: With this verdict of the Ombudsman, Madhavi Buch has been declared clean without being involved in any corruption or malpractice. This decision has officially put an end to the allegations related to the Hindenburg Report.

Article published | Wed | 28 May 2025 | 10:06 PM

"Gold and silver prices drop sharply: Gold down by ₹146, silver down by ₹40; know prices by carat"

Gold and Silver Prices Drop Today (Tuesday, May 27, 2025)

Key Points:
- 24K Gold Price: ₹95,667/10 Gram (₹146 less than yesterday).
- Silver Price: ₹97,357/kg (₹40 less than yesterday).
- 24K Gold in Ahmedabad: ₹98,180/10 Gram.


Historical Highs:
- Gold ₹99,100/10 Gram (All Time High) on April 21.
- Silver ₹1,00,934/kg (All Time High) on March 28.


Gold Prices (24K/10 Gram) in Metro Cities:
City | Price (₹)


Delhi | 98,280
Mumbai | 98,130
Kolkata | 98,130
Chennai | 98,130


Future projections:
- Gold may reach ₹1.10 lakh/10 grams by the end of 2025
(as per Goldman estimates).
- Reason: US-China trade war and concerns over economic slowdown.


3 important instructions while buying gold:
1. Buy only gold with BIS hallmark:
- Check the HUID (6-digit alphanumeric code, e.g. AZ4524).


2. Cross-verify price and weight:
- Use reliable sources like IBJA.
- 24K gold is pure, but 22K or 18K is used to make jewelry.

3. Take digital payments and bills:
- Pay with UPI/card, avoid cash.
- Check the packaging if ordering online.


Note: Today's date is 28 May 2025 (Wednesday), but the article shows 27 May (Tuesday). Prices may change daily, so check IBJA or your local jeweler's website for the latest data.

Article published | Tue | 27 May 2025 | 10:14 PM

Trump threatens Tim Cook: 'Make iPhones in America, not India, or face 25% tariff'

US President Donald Trump has warned Apple CEO Tim Cook that iPhones sold in the US should be manufactured only in the US, not in India or other countries. Trump has also threatened to impose a 25% tariff on Apple.

Trump's main demands:
1. Manufacture in America: Trump said that iPhones sold in the US should be made in America, not in India or other countries. 2. Tariff threat: If Apple does not meet this demand, it will have to pay a 25% tariff on the US.

Apple's current status:
Manufacture in India: Currently, 50% of iPhones sold in the US are made in India. Tariff advantage: Apple is shifting production to these countries due to lower tariffs (10%) in India and Vietnam compared to China. Target by 2026: According to a report by the Financial Times, more than 60 million iPhones can be manufactured in India annually by 2026.

Trump's concerns:
Trump wants to promote domestic production in America and threatens to impose high tariffs on countries like China and India if production takes place.

Thus, there is tension between Apple and Trump over production and tariffs, which could affect Apple's supply chain in the future.

Article published | Fri | 23 May 2025 | 10:11 PM

India's Mukesh Ambani, Nita Ambani, Azim Premji and Nikhil Kamath have been included in the first-ever list of "The World's 100 Philanthropists" published by Time magazine.

Mukesh Ambani, Nita Ambani among TIME magazine's world's top 100 philanthropists

On May 20, 2025, TIME magazine released its TIME100 Philanthropy 2025 list, in which Reliance Chairman Mukesh Ambani and his wife Nita Ambani have been ranked as the world's top philanthropists. The Ambani couple donated ₹407 crore in 2024 through the Reliance Foundation, which has been used in areas such as education, health, rural development and women's empowerment.

Other Indians included in the list:
Azim Premji (founder of Wipro)
Nikhil Kamath (co-founder of Zerodha)
Anand Giridhar Das (Indian-American author)


Main categories and famous names of the list:
1. Titans: Mukesh Ambani, Nita Ambani, Azim Premji, David Beckham, Warren Buffett.
2. Leaders: Alibaba's Jack Ma, Ford Foundation's Darren Walker.
3. Trailblazers: Nikhil Kamath, Catherine Lorenz.
4. Innovators: Anand Giridhar Das, Halle Lee.


Social Contribution of Ambani Family:
Scholarships to 10,000+ youth.
Improvement of basic facilities of 500+ schools.
Construction of 20 new hospitals.
Training of 10,000+ farmers in sustainable agriculture.
Skill development training to 1 lakh+ women.


Position of Ambani Family in Global Wealth:
According to Bloomberg, ranked 8th among the top 25 richest families in the world with a net worth of Rs 8.45 lakh crore. Wealth equivalent to 10% of India's GDP (₹25.75 trillion).

The TIME100 Philanthropy List includes people from 28 countries and recognizes significant contributions in the field of philanthropy. The selection is made by TIME editors, reporters and experts.

— Based on reports from TIME magazine and Bloomberg

Article published | Wed | 21 May 2025 | 10:15 PM

"Sensex falls 873 points to 81,186, Nifty falls 262 points; Heavy selling in auto-realty stocks, Bora IPO in open market"

Stock Market Update: 20 May 2024
Major indices down
Sensex: Down 873 points (1.06%) to close at 81,186.
Nifty: Down 262 points (1.05%) to close at 24,684.


Stock performance
Sensex: 27 out of 30 stocks in red, 3 in green.
Zomato (down 4.10%), Maruti, UltraTech Cement (down 2.8%). Tata Steel gains marginally.
Nifty: Down 42 out of 50 stocks. Auto (2.17%), Healthcare (1.41%), Realty (1.11%), Media/Pharma (1.36%).

Global Markets
Asia: Nikkei (+0.5% at 37,700), Kospi (+0.3% at 2,610). Hang Seng (+1.3% at 23,630), Shanghai Composite (+0.38% at 3,380). US (May 19): Dow Jones (+0.32%), Nasdaq/S&P 500 flat.

FII/DII Activity
May 19:
FIIs: Net sales of Rs. 529.95 crore.
DIIs: Net sales of Rs. 237.93 crore.
May 2024 (till now):

FIIs: Net purchases of Rs. 23,256.69 crore.
DIIs: Net buying of Rs. 23,060.62 crore.
April comparison:
FIIs: +Rs. 2,735.02 crore, DIIs: +Rs. 28,228.45 crore.

IPO Update: Borana Weaves Ltd Subscription period: May 20–22. Listing date: May 27 (BSE/NSE). Target: Rs. 145 crore (67 lakh new shares, no OFS).

Yesterday's (May 19) position Sensex: 271 points (82,059), Nifty: 74 points (24,945). Sectoral performance: IT (1.37%), Realty (+2.23%), PSU Banks (+1.48%).

Note Today, the stock market witnessed a sharp decline, reflecting the impact of FIIs selling and global uncertainty. FII/DII buying is balanced in May. Borana Weaves IPO brings new opportunities for investors.

Article published | Tue | 20 May 2025 | 9:50 PM

Gold has become expensive by Rs 17,623 since January this year: The luster of gold and silver has increased, gold has become expensive by Rs 1484 and silver by Rs 1149 in a day

Gold and silver prices rise: Updates on May 19
Gold and silver prices rose significantly on May 19. According to data from the India Bullion and Jewellers Association (IBJA):
The price of 24-carat gold has increased by ₹1,484 to ₹93,785 (10 grams) (earlier: ₹92,301). The price of silver has increased by ₹1,149 to ₹95,755 (kg) (earlier: ₹94,606).
Comparison of historical highs: On April 21, the price of gold reached ₹99,100 (10 grams). On March 28, silver had reached a historical high of ₹1,00,934 (kg).

Carat and Citywise Price (May 19):
Carat Price (10 grams)
24K ₹93,785
22K ₹87,700 (Delhi)
20K ₹85,907
18K ₹70,339


22K and 24K Gold Prices in Major Cities:
Delhi: 22K – ₹87,700 24K – ₹95,660
Mumbai/Kolkata/Chennai: 22K – ₹87,550 24K – ₹95,510
Bhopal: 22K – ₹87,600 24K – ₹95,560


In 2024 Price hike: Gold: Increased by ₹17,457 to ₹93,619/10 grams since January 1 (previously: ₹76,162). Silver: Increased by ₹9,233 to ₹95,250/kg (previously: ₹86,017). In 2023: Gold became costlier by ₹12,810.

Future projections:
According to Goldman Sachs, if the international price reaches $3,700/ounce, gold in India could rise by up to ₹1.10 lakh (10 grams).

Suggestion:
Buy only hallmarked gold: A BIS-certified hallmark (6-digit HUID, e.g. AZ4524) ensures the purity of the gold.
Note: Prices are subject to change, so check with local jewelers before purchasing.

Article published | Mon | 19 May 2025 | 10:20 PM

Japanese company SMBC may buy 20% stake in Yes Bank: SBI, HDFC and other banks will sell their stake; Company shares rise 10%

Japanese company Sumitomo Mitsui Banking Corporation (SMBC) is planning to buy a large stake in India's private bank Yes Bank. For this, SMBC has started talks with State Bank of India (SBI), as SBI holds 23.97% stake in Yes Bank.

Key points: 1. Plan to buy 20% stake from SBI: SMBC may buy 20% stake from SBI and buy another 67% from other shareholders. Eventually, it will launch an open offer to acquire 51% stake. If this deal goes through, it will be one of the biggest deals in the Indian banking sector.

2. Other shareholders may also sell stake: Institutions like Axis Bank, Kotak Mahindra, ICICI, HDFC Bank have 7.36% stake, which can be sold to SMBC. Advent (9.2%) and Carlyle (6.84%) may also participate in the open offer. LIC has a 3.98% stake, which could play an important role in this deal.

3. Stock market rally: The news of this deal sent Yes Bank shares up 10%. The stock is currently trading around ₹18 and has given a 7% return in 1 month.

4. A deal was also attempted in 2023: SMBC wanted to acquire 51% voting rights in Yes Bank, but the deal could not be done due to Indian rules (maximum 26% voting cap). Now SMBC will be satisfied with 26% voting rights, but wants to gain control over the management by appointing its own directors on the board.

5. Yes Bank's reach: 1,200+ branches, 1,300+ ATMs and over 82 lakh customers. Founder: Rana Kapoor (founded in 2004). Current MD & CEO: Prashant Kumar.

If this deal is successful, it could be a major FDI (Foreign Direct Investment) event in the Indian banking sector.

Article published | Tue | 06 May 2025 | 8:20 PM

This is the second biggest decline in gold prices in the last one year, falling below ₹2,700 to ₹95,784 per troy ounce (10 grams). Silver prices rose to ₹96,115 per kg.

Gold prices plunge: Update on April 23, 2024
Gold prices plunge The price of 24-carat gold has fallen by ₹2,700 to ₹95,784 (10 grams) (earlier: ₹98,484). This is the second biggest decline in the last one year. Yesterday (April 22), gold in BhopalIndore touched ₹1 lakh/10 grams including GST.

Silver prices rise Silver has risen by ₹508/kg to ₹96,115/kg (all-time high on March 28: ₹1,00,934).

Gold prices in major cities (10 grams) City 22 carat (₹) 24 carat (₹)
Delhi 90,100 98,300
Mumbai 90,150 98,350
Kolkata 90,150 98,350
Chennai 90,150 98,350
Bhopal 90,200 98,400


Gold and silver performance in 2024 Gold: Up ₹19,662/10 grams since January 1 (₹76,162 → ₹95,784). Silver: Up ₹10,098/kg (₹86,017 → ₹96,115). Gold became expensive by ₹12,810 in 2023.

Akshaya Tritiya (April 30) and buying advice Auspicious time: The tradition of buying gold on April 30.

3 tips for safe buying: 1. Check BIS hallmark: Ensure purity with 6-digit HUID code (e.g., AZ4524).
2. Compare prices: Check prices of 24K, 22K, 18K from sources like IBJA.
3. Digital payments and bills: Use UPI/card instead of cash, don't forget to take the bill.

Article published | Wed | 23 Apr 2025 | 9:21 PM

HDFC changes FD interest rates: Now you will get up to 7.55% interest on deposits, see new interest rates

HDFC Bank has reduced the interest rates on its fixed deposit (FD) schemes, in line with other major banks (such as SBI and BOI) in the wake of the RBI's cut in repo rate. If you are thinking of investing in FD, keep the following points in mind:

1. HDFC Bank's new FD rates (for amounts below Rs 3 crore)
General citizens: 3% to 7.05% (depending on the tenor and amount).
Senior citizens: 3.50% to 7.55% (0.5% more).


2. Comparison with other banks
SBI: 6.70% on 1-year FD (normal).
BOI: 7.05% on 1-year FD (normal).
Senior citizens generally get 0.25–0.50% more.


3. Things to keep in mind while investing in FD Tenure selection: A penalty of up to 1% may be applicable on premature withdrawal. Investment diversification: Instead of making a single FD of a large amount in a single bank, make multiple FDs of different tenors in pieces. By doing this, you only have to break the required FD at the time of disaster. Tax savings: A deduction of up to Rs 1.5 lakh can be availed under 5-year tax saving FD (80C).

4. Is it worth making FD now? If you want a safe investment for a long term (5+ years), then FD is suitable. For short term, liquid funds or treasury bills can offer higher returns. For senior citizens, rates like 7.55% are still attractive.

5. Alternative Investment Options Debt Funds/Bonds: Suitable in case of RBI rate cut. Post Office FD/Senior Citizen Savings Scheme (SCSS): More secure with government guarantee.

Conclusion: HDFC, SBI, and BOI FD rates have come down, but 7%+ rates are still available for senior citizens. Evaluate the tenure, penalties, and tax benefits before investing. If you want higher returns, consider options other than FDs (like mutual funds).

Talk to your bank/financial advisor to make the right decision for your financial situation.

Article published | Sun | 20 Apr 2025 | 9:09 PM

Gold at all-time high...: Price can still rise, invest through gold ETF; Up to 29% return given in one year

Summary of key information about investing in gold and gold ETFs:
Recent jump in gold prices: Gold prices have reached Rs 85,207/10 grams (all-time high). Compared to Rs 76,162 on December 31, 2023, there has been an increase of Rs 19,045. Expert prediction: May reach Rs 1.10 lakh/10 grams by the end of 2024.

About Gold ETF (Exchange Traded Fund): 1. What is Gold ETF? Investment in gold in electronic form (1 unit = 1 gram of pure gold). Buying and selling is done like shares on BSE/NSE, but physical gold is not available.

2. 5 key advantages: Invest in small amounts: Start from 1 gram (SIP also possible). Purity Assurance: 99.5% pure gold (LBMA standard). Low Cost: No making charges (8–30%) and storage charges. Secure: Safe in demat account, no risk of theft. Liquidity: Facility to pledge for immediate sale or loan.

3. How to invest? Open a demat and trading account. Buy gold ETF units available on NSE/BSE. Orders are credited to the demat account within 2 days of execution.

Expert Advice: Balance your portfolio: Keep only 10–15% of your total investment in gold. Short vs long term: Gold offers stability, but returns may be lower than equities in the long term.

Summary: Gold ETFs are a pure, convenient and cost-effective investment option compared to physical gold. However, diversification of investment is essential.

> Note: The value of a gold ETF is based on changes in the price of gold. Market uncertainty and international factors (such as the value of the dollar, war) affect the price of gold.

Article published | Fri | 18 Apr 2025 | 9:32 PM

Gold hits new record, crosses 94 thousand for the first time: It has become expensive by ₹18,327 this year, may reach ₹1.10 lakh by the end of the year

Record increase in gold prices: Updated on April 16, 2025
Historical increase in gold prices: According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold has increased by ₹1,387 to ₹94,489 (previously ₹93,102). The price of silver has also increased by ₹373 to ₹95,403 per kg.
Price by carat (10 grams):
24 carat: ₹94,489
22 carat: ₹86,552
18 carat: ₹70,867


3 main reasons for the increase in gold: 1. Trade war and economic uncertainty: Trade tensions between the US and China and the strength of the dollar have increased the demand for gold. Rupee weakens against dollar (down 4%), making imported gold costlier.
2. Wedding season and jewellery demand: Jewellers in cities like Mumbai, Delhi, Chennai reported a surge in sales despite high prices.
3. Gold as a safe investment: People are investing in gold due to fears of recession.

Gold prices (10 grams) in major cities:
City 22 carat (₹) 24 carat (₹)
Delhi 88,300 96,320
Mumbai 88,150 95,180
Kolkata 88,150 96,170
Chennai 88,150 96,170
Bhopal 88,200 96,220


Future projections:
According to Goldman estimates, if the international price reaches $3,700/ounce, 10 grams of gold in India could fetch ₹1.10 lakh.
Growth in 2025 so far:
Gold: ₹76,162 (January 1) → ₹94,489 (up ₹18,327)
Silver: ₹86,017 → ₹95,403 (up ₹9,386)


3 tips while buying gold: 1. Check BIS hallmark: Buy only certified gold with 6-digit HUID code (e.g., AZ4524).
2. Check price and weight: Compare prices from sources like IBJA. 24K is pure, but jewellery is made in 22K/18K.
3. Take digital payments and bills: Pay with UPI/card and definitely ask for a guarantee bill.
Conclusion: Economic uncertainty and the wedding season have pushed gold prices to new highs. Honesty and price comparison are essential before investing.

Article published | Wed | 16 Apr 2025 | 8:45 PM

"SBI reduces FD interest rates: Now you will get only 6.70% on 1 year FD, know the new rates"

SBI and other banks' FD interest rate cut (effective from April 15, 2024):
1. SBI's FD rates reduced
1 year FD: 6.70% (0.20% reduction)
Amrut Vrishti Scheme (444 days):
General citizens: 7.05%
Senior citizens: 7.55%
Super senior citizens: 7.65%
WeCare Scheme (5 years + FD):
Senior citizens get 7.50% (1% more than general people).

2. Canara Bank's new FD rates:
1 year: 6.85%
2 years: 7.15%
3 years: 7.20%
5 years: 6.70%
444 days FD: 7.25%

3. Kotak Mahindra Bank's FD rates:
1 year: 7.10%
2 years: 7.15%
3 years: 7.00%
5 years: 6.20%

Reasons: Banks are reducing FD rates after RBI's repo rate cut (currently 6.50%). Due to increased liquidity in the market, banks have to give less interest on FD.

Tip: If you want a higher interest rate, you can opt for FDs from Kotak Bank (7.10%) or Canara Bank (6.85%). For senior citizens, SBI's WeCare (7.50%) or Amrut Vrishti (7.65%) schemes are beneficial.

Tip: Check the latest rates and tax saving features (like 5-year TaxSaver FD) of all banks before making an FD.

Article published | Mon | 14 Apr 2025 | 10:00 PM

Profit of up to Rs 15 per liter on petrol and diesel: Crude oil prices at four-year low, oil companies' historic profits

Profit of up to Rs 15 per liter on petrol and diesel: Crude oil prices at four-year low, oil companies' historic profits

Crude oil prices have fallen significantly in the international market, reaching their lowest level in four years. This has reduced the production cost of petrol and diesel in India, but with no reduction in retail prices, oil marketing companies (OMCs) are making a profit of up to Rs 15 per liter.

Main reasons: 1. Fall in crude oil prices: International crude oil prices (Brent) have fallen below $80 per barrel, the lowest level since 2020. The reduction in India's crude import bill has reduced the purchase price of OMCs.

2. To keep retail prices stable: The central government and OMCs (Indian Oil, BPCL, HPCL) did not reduce the prices of petrol and diesel, due to which the margin increased. Diesel is making a profit of Rs 1015/liter and petrol is making a profit of Rs 812/liter.

3. Historical profit: Oil companies may declare a record profit in Q4 202324, because despite the cheapness of crude oil, the selling prices have remained unchanged.

Future impact: If crude oil prices increase, OMCs may increase prices. If the government does not change the excise duty, consumers will not benefit.

Conclusion: Oil companies are becoming financially strong, but the question has arisen as consumers are not getting the benefit of the reduction in crude oil.

Article published | Sun | 13 Apr 2025 | 9:51 PM

Big jump in the stock market, Sensex rose by 1400 points: crossed 75200, Nifty rose by more than 450 points; Pharma and metal stocks rose the most

Today (April 11, 2024) the Indian stock market is witnessing a strong rally:
Sensex is trading at 75,200 with a gain of 1,400 points. Nifty has climbed 450+ points to reach 22,850. 46 out of 50 stocks on NSE are in the red. Highest risers: Pharma (+3.02%), Metal (+2.71%), Healthcare (+2.33%), Auto (+1.78%), and Realty (+1.37%).

📈 Main reasons for the rally: 1. Reduction in US-China trade tensions: Global markets improved after the US postponed tariffs on countries other than China on April 9. 2. Asian markets open on a positive note: Asian indices rose by up to 10% on April 10. 3. Markets closed on Thursday: Indian markets today caught up with yesterday's (April 10) rally due to Mahavir Jayanti.

🌍 Global market conditions: US down sharply: Dow Jones (2.50%), Nasdaq (4.31%), S&P 500 (3.46%). Asia mixed: Nikkei (4.22%), Kospi (1.15%), Shanghai (0.14%), Hang Seng (0.34%).

💰 FII/DII activity: FIIs sold shares worth ₹4,358 crore on April 9, while DIIs bought shares worth ₹2,976 crore.

⏳ Previous session's status: On April 9, Sensex closed 380 points (73,847) and Nifty 137 points (22,399). PSU banks (2.52%), IT (2.19%), and pharma (1.97%) were the top losers.
Note: Today's rally is in contrast to the global trend, which shows the resilience of the Indian market.

Article published | Fri | 11 Apr 2025 | 10:10 AM

5 planes loaded with iPhones sent from India to US: Apple calls off shipments to avoid tariffs; Company to increase production in India

Apple expedites iPhone exports from India to avoid tariffs
In the last week of March, Apple shipped 5 planes from India to the US with iPhones and other products in just 3 days. The shipments were made on a tight timeline to avoid retaliatory tariffs imposed by the Donald Trump administration in the US.

Key points: 1. Plans to keep prices stable: Apple has no immediate plans to increase product prices in India and other markets despite the impact of tariffs. These shipments will help the company maintain current prices.

2. Impact of tariffs: Currently, there is a 10% tariff, but from April 9, the US will impose a 26% tariff on Indian products and a 104% tariff on Chinese products. Because of this, it will be more profitable for Apple to export from India than from China.

3. Increase production in India: Apple already manufactures some iPhone models in India and may increase exports from Indian units to avoid the tariff hit. The company has long been reducing its dependence on China and focusing on alternative manufacturing hubs like India.

4. Benefit of PLI scheme: Three of Apple's contract manufacturers (Foxconn, Pegatron and Wistron) are included in the Indian government's ₹41,000 crore ProductionLinked Incentive (PLI) scheme. The scheme, which was launched in 2020, has boosted iPhone production in India.

Future direction: Post geopolitical tensions and COVID19, Apple has emphasized on diversifying its supply chain outside of China. The tariff hike will further encourage Apple to expand manufacturing in India, in which schemes like Make in India and PLI can help.

Conclusion: Due to tariff wars and supply chain risks, multinational companies like Apple are turning to alternative manufacturing centers like India, which helps India emerge as a global electronics hub.

Article published | Wed | 09 Apr 2025 | 9:42 PM

Britain's first baby born from a transplanted uterus: Grace Davidson's success story
Oxford: History has been made in Britain! 36-year-old Grace Davidson has given birth to a healthy baby girl from a transplanted uterus. Grace was born without a uterus, but now she can become a mother with a uterus donated by her older sister Amy Pardee. This is the story of the first successful uterus transplant procedure in Britain and the 65th in the world.

First motherhood longing Grace announced her desire to become a mother in 2018. Initially, her mother expressed her desire to donate her uterus, but medical tests revealed that this was not possible. Then, Grace's 37-year-old older sister Amy came forward and said, "If my sister can be a mother, take my uterus!" Amy was already a mother of two and described the donation as her "most important gift in life".

17-hour historic surgery In February 2023, a team of 30 doctors at Churchill Hospital in Oxford performed a 17-hour emergency operation. Led by Dr. Isabel Quiroga, Amy's uterus was carefully removed and transplanted into Grace's body. The operation had been postponed since 2019 due to Covid-19. Grace experienced her first menstrual cycle after the operation, which was a sign of the success of the uterus.

IVF and successful pregnancy After the uterus transplant, Grace and her husband Angus underwent IVF (in vitro fertilization). Grace became pregnant on the first attempt and gave birth to a healthy 7-pound baby girl in February 2025. The baby girl was named "Amy" in honor of her donor sister. Grace now plans to have a second child, after which the uterus will be removed from her body.

Uterus transplant: Global context First success: The first baby was born from a transplanted uterus in Sweden in 2014. Worldwide figures: 135+ transplants in 12 countries, of which 65 have resulted in successful births (about 50% success rate). India's contribution: India's first uterus transplant was performed in Mumbai in 2018.

Donor and recipient concerns Risks for the donor: Uterus donation is a difficult surgery. The donor faces a long recovery and potential complications. Immunosuppressants: Grace will have to take lifelong medications to prevent her body from rejecting the new uterus. Psychological preparation: Both the sisters underwent pre-operative counselling, which discussed the physical and emotional risks.

Amy Pardee's role Amy has called the donation "the best decision of her life." She said, "Watching my sister become a mother is priceless to me. This uterus is now even more useful to her."

Future directions Uterine transplants are now becoming a ray of hope for women with uterine factor infertility. However, the procedure is still considered experimental and is only available in a few specialized hospitals. Scientists are now also researching uterus transplants from deceased donors, so as to reduce the dependence on living donors.
Conclusion: This heroic story of Grace and Amy is a wonderful combination of humanity, science and family love. This success is hope for every woman who cannot become a mother naturally.

10 years of success of Pradhan Mantri Mudra Yojana (PMMY): Key facts and impact
1. Introduction and importance of the scheme On April 8, 2025, the Pradhan Mantri Mudra Yojana (PMMY) completed 10 years of success. Prime Minister Narendra Modi, in an interaction with the beneficiaries, said that the scheme has encouraged the entrepreneurial spirit of the people of India by providing "respect, self-respect and opportunities". The main objective of this scheme, which was launched in 2015, is to financially empower micro and small businesses by providing loans without guarantees.

2. Key figures and achievements Loan disbursement: In the last 10 years, 52 crore loan accounts were opened and loans worth ₹32.61 lakh crore were disbursed. Women empowerment: 68% of the total beneficiaries are women. From FY16 to FY25, the average loan amount for women has increased by 13% CAGR to ₹62,679 and deposits by 14% CAGR to ₹95,269. Social Inclusion: 50% of beneficiaries are from Scheduled Castes, Scheduled Tribes and Backward Classes.

3. Loan Types and Facilities
Shishu Loan: Up to ₹50,000.
Kishore Loan: ₹50,001 to ₹5 lakh.
Tarun Loan: ₹5 lakh to ₹10 lakh.
Benefits: No guarantee required, covers businesses like agriculture-related activities, transport, service sector.

4. Region-wise Impact Jammu and Kashmir: 20.7 lakh loans sanctioned. Rural and small towns: Increased employment generation due to expansion of small industries. According to the SKOCH report, 2.52 crore new jobs have been created every year since 2014.

5. International Appreciation and Future IMF (2024) noted that schemes like PMMY have given a boost to self-employment and economic empowerment of women in India. Percentage Growth: The use of Kishore Loan has increased from 5.9% in FY16 to 44.7% in FY25, reflecting the expansion of industries.

Conclusion: MUDRA Yojana has brought about a significant change in India's economic democracy. By empowering women, rural areas and socially backward classes, the scheme realises the goal of "Sabka Saath Sabka Vikas".

Article published | Tue | 08 Apr 2025 | 9:37 PM

17-hour historic surgery In February 2023, a team of 30 doctors at Churchill Hospital in Oxford performed a 17-hour emergency operation. Led by Dr. Isabel Quiroga, Amy's uterus was carefully removed and transplanted into Grace's body. The operation had been postponed since 2019 due to Covid-19. Grace experienced her first menstrual cycle after the operation, which was a sign of the success of the uterus.

IVF and successful pregnancy After the uterus transplant, Grace and her husband Angus underwent IVF (in vitro fertilization). Grace became pregnant on the first attempt and gave birth to a healthy 7-pound baby girl in February 2025. The baby girl was named "Amy" in honor of her donor sister. Grace now plans to have a second child, after which the uterus will be removed from her body.

Uterus transplant: Global context First success: The first baby was born from a transplanted uterus in Sweden in 2014. Worldwide figures: 135+ transplants in 12 countries, of which 65 have resulted in successful births (about 50% success rate). India's contribution: India's first uterus transplant was performed in Mumbai in 2018.

Donor and recipient concerns Risks for the donor: Uterus donation is a difficult surgery. The donor faces a long recovery and potential complications. Immunosuppressants: Grace will have to take lifelong medications to prevent her body from rejecting the new uterus. Psychological preparation: Both the sisters underwent pre-operative counselling, which discussed the physical and emotional risks.

Amy Pardee's role Amy has called the donation "the best decision of her life." She said, "Watching my sister become a mother is priceless to me. This uterus is now even more useful to her."

Future directions Uterine transplants are now becoming a ray of hope for women with uterine factor infertility. However, the procedure is still considered experimental and is only available in a few specialized hospitals. Scientists are now also researching uterus transplants from deceased donors, so as to reduce the dependence on living donors.
Conclusion: This heroic story of Grace and Amy is a wonderful combination of humanity, science and family love. This success is hope for every woman who cannot become a mother naturally."/>

US Dow Jones falls 3.5% to recover 400 points: European markets fall 4%, White House calls news of tariff ban false

Sharp decline in American, European and Asian stock markets: main causes and effects
1. Sharp decline in American markets - Dow Jones fell 2.27% (870 points) to 37,443. It was down 3.5% (1,400 points) at the beginning. It has fallen by 11% in the last 3 days. - S&P 500 fell 1.43% (72 points) to 5,000 (an important psychological level). - Nasdaq fell 1.20% (180 points) to 15,400. - Major companies fell: - Nvidia (–7.21%), Apple (–6.39%), Intel (–6.22%), Nike (–5.91%), Home Depot (–5.63%).

2. $6.5 trillion loss in market capitalization - S&P 500 market cap fell from $47.68 trillion to $41.20 trillion in 4 days.

3. 5% to 10% decline in European markets - Germany's DAX fell 5% to 19,590 (initially 10% dip). - UK's FTSE 100 down 4%. ---

3 main reasons for the decline 1. Trump's tariff policy - US imposed new tariffs on India (26%), China (34%), Europe (20%), Japan (24%), Vietnam (46%) and Taiwan (32%). - Result: China retaliates with 34% tariff on US (effective from April 10). Hence concerns about trade war and impact on global supply chain.

2. Fears of economic slowdown - Tariffs will make goods more expensive → consumer spending will decrease → pressure on GDP growth. - Fall in crude oil prices (sign of weak demand).

3. Asian markets crash - Hong Kong (Hang Seng –13.22%), China (–7.34%), Japan (Nikkei –7.83%), South Korea (–5.57%). - India: Sensex –2.95% (73,137), Nifty –3.24% (22,161). ---

Predictions and Risks - Financial expert Jim Cramer has warned of a "Black Monday"-like situation in 1987. He said the US market could fall 22%. - If the trend holds below 5,000 (S&P 500), more selling pressure could arise.

Conclusion: Global markets are under pressure due to tariff wars, recession fears and a major crash in Asia. Volatility is likely to continue in the short term.

Article published | Mon | 07 Apr 2025 | 9:46 PM

Piyush Goyal's clarification on his statement on startups: He said - Congress created this controversy; Union Minister compared Indian startups with shops

Union Commerce and Industry Minister Piyush Goyal has clarified his comments on the Indian startup ecosystem, saying that his aim is not to stifle the creativity and success of India's young entrepreneurs, but to take the country forward globally in the field of technology and innovation.

He compared Indian startups with China, raising the question of whether India will remain limited to service sectors like food delivery, fantasy sports or trading, or will it also become a global leader in strategic technologies like electric vehicles (EV), semiconductors, AI and deep tech. Therefore, he encouraged Indian startups to invest more in serious technology sectors.

Controversy and reactions Some startup founders and the Congress objected to this statement. In response, Goyal said, "Congress and its eco-system do not understand the success of India's youth. They think startups are limited to food delivery or fantasy games, but the reality is that India is now moving forward in deep-tech, manufacturing and R&D as well."

Looking ahead, he said, "Our goal is to make India an 'innovation hub'. We encourage young entrepreneurs to venture into high-tech, manufacturing and sustainable solutions. Now is the time for us to become a global leader in technology-based products, not just service-based businesses."

Government's plans and future direction Goyal praised India's startup ecosystem and said, "Today, India is the third largest startup ecosystem in the world with 1 lakh+ startups and 100+ unicorns. But, we need to target new heights now."

He mentioned schemes like PLI (Production Linked Incentive) scheme, Semiconductor Mission and EV Policy, which are designed to make India self-reliant in technology and manufacturing.

Conclusion Piyush Goyal's clear message is that "India has made good progress in startups, but now we have to take a big leap in technology, manufacturing and global innovation." Thus, this discussion inspires Indian startups to move towards a high-tech and product-based model.

Article published | Sun | 06 Apr 2025 | 9:48 PM

One kg of silver fell by 2900 to 93057: Price fell by 7877 rupees from all-time high, 10 grams of gold crossed 90 thousand

Silver and gold prices have seen a significant decline, as seen on April 4, 2025, with the following prices:

Silver Price Drop 1 kg Silver Price: ₹93,057 (Today)
All-time High (March 28): ₹1,00,934
Total Drop: ₹7,877 (from All-Time High)
Today Only: Drop of ₹2,900


Gold Price Drop 10 gm 24K Gold Price: ₹90,310 (Today, Drop of ₹35) All-time High (April 3): ₹91,205 Total Drop: ₹895 Expert Estimate: Gold could reach ₹94,000/10 gm this year.

Gold prices in major cities (10 grams)
City 22K (₹) 24K (₹)


Ahmedabad 82,756 90,345
Delhi 84,150 91,790
Mumbai 84,000 91,640
Kolkata 84,000 91,640
Chennai 84,000 91,640


Gold prices by carat 24K (99.9% pure): ₹90,310
22K (91.6% pure): ₹82,724
18K (75% pure): ₹67,733


Thus, silver and gold The recent decline in prices is important for consumers and investors. Experts expect gold prices to rise, so it may be beneficial to keep an eye on the market.

Article published | Fri | 04 Apr 2025 | 9:06 PM

Gold and silver prices fall: Gold falls by ₹194 to ₹90,921, silver is being sold at ₹99,092 per kg; See gold price by carat

Gold and Silver Prices Drop (April 2, 2024) Key Points: 24 Karat Gold (10 Grams): Down ₹194 to ₹90,921 (Earlier: ₹91,115). Silver (1 kg): Down ₹549 to ₹99,092 (Earlier: ₹99,641). Last Week (March 27) Comparison: Silver was at ₹1,00,934 (all-time high).

Gold Prices by Carat (10 Grams): | Carat | Price (₹) | | 24 | 90,921 |
| 22 | 83,284 |
| 18 | 68,191 |


Gold prices in metro cities (10 grams): | City | 22 carat | 24 carat |
| Delhi | 85,250 | 92,990 |
| Mumbai | 85,100 | 92,840 |
| Kolkata | 85,100 | 92,840 |
| Chennai | 85,100 | 92,840 |
| Bhopal | 85,150 | 92,890 |


Gold and silver price hike in 2024: Gold: Up by ₹14,759 (40%) from ₹76,162 to ₹90,921 from ₹76,162. Silver: ₹13,075 (15%) up from ₹86,017 to ₹99,092. In 2023: Gold became costlier by ₹12,810.

Future projections: 1. Gold: According to Ajay Kedia (Kedia Advisory), geopolitical tensions and increased investment in ETFs could reach ₹94,000/10 grams. 2. Silver: According to Anuj Gupta (HDFC Securities), it could rise to ₹1,08,000/kg.

3 important tips while buying gold: 1. Check BIS hallmark: Buy only certified gold with 6-digit HUID (e.g. AZ4524). 2. Check price and weight: Cross-verify with sources like IBJA. 3. Take digital payments and bills: Use UPI/card instead of cash, and ask for invoices if necessary. > Note: 24 carat gold is pure, but 22 carat is used for making jewellery (due to softness).

Article published | Wed | 02 Apr 2025 | 9:13 PM

Unified Pension Scheme starts today: Buying a car will be expensive, commercial cylinder becomes cheaper by ₹44.50; These 10 big changes implemented from today

1. Commercial LPG cylinders cheaper
19 kg commercial cylinder cheaper by ₹44.50.
Delhi: ₹1762 (earlier ₹1803)
Mumbai: ₹1713.50 (earlier ₹1755.50)
There is no change in the price of cooking gas.


2. New tax regime: Income up to ₹12 lakh tax-free
Revision in the new tax rate, where there is no tax on income up to ₹12 lakh.
Exemption up to ₹12.75 lakh with standard deduction (₹75,000).


3. Mahila Samman Bachat Yojana (MSSC) closed
This scheme will be closed after 31 March 2024. 7.5% interest was offered.


4. Cars are expensive Companies like Maruti, Tata, Hyundai, Honda, Kia increased the prices of cars by up to 4%.


5. UPI closed on inactive mobile numbers
If the bank-linked mobile number is inactive for a long time, its UPI usage is closed.


6. Exemption on interest income doubled for senior citizens
Tax exemption on interest income increased from ₹50,000 to ₹1 lakh.

7. Unified Pension Scheme (UPS) for central employees
Pension of 50% of the average salary of the last 12 months after 25 years of service.
Minimum monthly pension guarantee of ₹10,000.
Employee will contribute 10%, Government will contribute 18.5%.


8. Capital Gains Tax on ULIP
If annual premium is more than ₹2.5 lakh, then tax will be levied on redemption:
LTCG (12+ months): 12.5% ​​
STCG (<12 months): 20%


9. Change in minimum balance rules in bank accounts
SBI, PNB, Canara Bank have tightened minimum balance rules according to city/village.

10. Aviation Fuel (ATF) cheaper
ATF price reduced from ₹5,494 to ₹6,064 per kilolitre.
Chennai: ₹92,503.80 (earlier ₹98,567.90)
There is no change in the prices of petrol and diesel.


These changes directly affect salaried workers, women investors, senior citizens and employees' pensions. Cars and banking services have become costlier, while LPG and aviation fuel have become cheaper.

Article published | Tue | 01 Apr 2025 | 10:07 PM

Byju's goes from $22 billion to zero: Byju's Ravindran told - We will rise again, bring back old employees

Byju Ravindran, the founder of India's renowned edtech company Byju's, recently announced that he is planning to relaunch the company. He shared a photo of himself from 2011 on social media platform X and wrote, "We will rise again. I remember the sparkle in the eyes of my students."

Byju's Rise and Challenges: In 2011, Byju Ravindran started BYJU'S as a small online education platform. The company experienced rapid growth due to the increasing demand for online education during the Covid-19 pandemic and by 2022, its valuation reached $22 billion (about ₹1.88 lakh crore), making it India's most valuable startup. However, by 2024, the company's net worth had fallen to zero due to financial mismanagement and other problems.

Financial challenges and mismanagement: The company took out a $1.2 billion loan in 2021, of which more than $500 million was transferred to a 'shrouded' hedge fund, a US court has determined. The company is facing legal action over this transfer and other financial mismanagement.

Future plans: Byju's Ravindra has said that when he relaunches the company, he will mainly hire old employees. He added, "My over-optimism may seem crazy to some, but don't forget that to be number one, you have to be different and unique."

Conclusion: Byju's journey has been full of ups and downs. The company's founder, Byju Ravindran, is now committed to rebuilding the company, learning from past mistakes. His optimism and determination show that he is equipped to make Byju's successful again.

Article published | Mon | 31 Mar 2025 | 9:37 PM

Musk sold his company X: Deal done for ₹2.82 lakh crore, bought it in 2022 for ₹3.76 lakh crore

Elon Musk has sold social media platform X (formerly Twitter) to his AI company xAI in an all-stock deal for $33 billion (≈₹2.82 lakh crore) on March 29, 2025. The deal values ​​X at $33 billion ($45 billion minus $12 billion in debt) and xAI at $80 billion. Musk said the combination will open up new opportunities by combining xAI's advanced AI capabilities with X's reach of 600 million active users.

Key details and steps:
1. Purpose of the deal: - To combine the resources (data, models, computing power) of AI and social media, and to make tools like Grok AI (xAI's chatbot) compatible with the X platform. - In Musk's words: "This alliance will support the mission of finding truth and advancing knowledge".

2. History and changes of X: - Musk bought Twitter in 2022 for $44 billion and renamed it X. During this period, he made significant changes: - Employee reduction: 7,500 to 2,500 (75% cut) . - Return of blocked accounts, including Donald Trump: 52% based on user voting . - X Premium subscription: ₹650–900/month in India, with blue tick and exclusive features . - Post character limit: Increased from 280 to 25,000 characters .

3. Future Plans: - AI-enabled Digital Town Square: Developing X into a "digital town square" that delivers smart and effective experiences for users. - Enhancement of Grok AI: Using X's vast dataset to train AI models.

4. Valuation and Economic Impact: - xAI is valued at $80 billion, emerging as a leading AI lab in 2 years. - X has $12 billion in debt, reflecting payments due after the 2022 acquisition.

5. Regulatory and Investor Reaction: - Some investors see the deal as a strategy for Musk to increase control over the companies. - Regulatory scrutiny and questions regarding the leadership of the combined company remain unclear.

Conclusion: The deal is part of Musk's long-term drive to integrate technology and social media. The combination of X's broad reach and xAI's AI capabilities could revolutionize personalized experiences, data-driven services, and AI-driven content creation in the future. However, issues such as staff reductions and regulatory challenges could also affect this plan.

Article published | Sat | 29 Mar 2025 | 10:16 PM

Women invest more in mutual funds than men: Amfi-Crisil report - their share increased to one-fourth, AUM reached ₹11 lakh crore

1. Number of women vs. investment amount: - Women account for 25% of total investors, but their share in AUM (assets) is 33% (one-third). - Calculation: If 25% of women investors hold 33% of assets, then on average a woman investor invests ~50% more than a man. - Conclusion: Although women are less in number, their average investment is more than that of men.

2. Rapid growth in AUM: - From March 2019 to 2024, the AUM of women increased from ₹4.59 lakh crore to ₹11.25 lakh crore, which represents a growth of 145%. - This rapid growth indicates financial literacy and awareness of long-term wealth creation among women.

3. Rise of Direct Investment: - 21% of AUM is now invested directly by women without brokers (in 2019, this figure was 14.2%). - Young women (25-44 years) lead this trend: their share of direct investment has increased from 16% to 27.3%. - Suggestion: This change is linked to financial autonomy and the use of technology (online platforms).

4. Age-based trends: - Women under 25 years of age account for only 1.6% of AUM, indicating investment prospects in the younger generation. - The share of direct investment among women aged 58+ has increased to 17.6%, indicating a tendency towards risk-averseness and stability.

5. Reliability of AMFI and CRISIL report: - The figures are confirmed by authoritative sources (AMFI/CRISIL), which makes the analysis more reliable.
Conclusion: Women are making a significant difference in the mutual fund industry in India. Their investment amounts and active participation (especially among the youth) indicate financial independence and decision-making ability. This trend will play a significant role in making the industry diverse and stable in the future.

Article published | Fri | 28 Mar 2025 | 10:14 PM

People are burning Tesla cars in US-Europe, preparing to bring them to India: Musk will lose ₹11 lakh crore in 2025, know its 3 reasons

Boycott of Tesla cars and Elon Musk protests spread anger in Europe and America: Know the reasons and consequences

There has been a lot of anger in Europe and America against the pioneer of the electric vehicle industry Elon Musk and his company Tesla. Incidents of setting fire to Tesla cars, vandalism and boycott have occurred more than 100 times in the last four months. All this is happening at a time when Tesla is preparing to enter the Indian market. In this article, we will discuss the main reasons for these demonstrations and their consequences in detail. ---

1. Anger towards Musk over government policies and layoffs After Elon Musk was appointed as the head of the "Department of Government Efficiency (DoGE)" by the Donald Trump government, strict decisions were taken to reduce government spending. - 20,000 government employees were laid off and 75,000 people took voluntary retirement. - Trump, on Musk's advice, stopped financial aid to poor countries under USAID. - People expressed their displeasure with Musk and Tesla, calling these policies "anti-humanitarian". This decision was also criticized internationally in developing countries. ---

2. Support for right-wing parties in Europe: Musk's political interference Musk has supported several right-wing parties in Europe, which has led to socio-political opposition:
- In Britain: Musk appealed to King Charles to "dissolve parliament" and accused Prime Minister Keir Starmer of failing in rape cases. - In Germany: Support for the right-wing party AfD (Alternative für Deutschland), declaring it "Germany's only hope". The AfD is accused of dividing society and a racist ideology. - In France: President Macron calls Musk a "supporter of an international reactionary movement". - In Italy: Musk's close relationship with Prime Minister Giorgia Meloni (who is considered right-wing) also added to the controversy.
This support has sparked resentment towards Tesla in Europe. On March 14, 4 Tesla cars were burned in the city of Steglitz in Berlin, in which "anti-Musk" demonstrators were involved. ---

3. Tesla layoffs: Employee outrage In February 2024, Tesla abruptly laid off 4% of its self-driving technology division. - Unions and employees called the layoffs "unfair and without prior notice." - Thousands of employees lost their jobs, leading to protests and a government investigation. Agencies including the National Highway Traffic Safety Administration (NHTSA) are investigating the case. ---

Consequences: Doubts over Tesla's future - Agencies including the FBI are investigating the March 25 Tesla attack. - Sales of Tesla cars in Europe have declined and the company's image has been tarnished. - The protests could pose a challenge for Tesla ahead of its entry into the Indian market. ---

Conclusion: Why are people boycotting Tesla? Musk's political interference, anti-employee policies, and closeness to right-wing organizations are the main reasons for the Tesla protest. People believe that Musk's actions ignore social justice and human rights. Incidents of arson, vandalism, and boycotts demonstrate the intensity of this dissatisfaction. Only by addressing these issues can Tesla find success in new markets like India.

Article published | Thu | 27 Mar 2025 | 9:57 PM

PF money can be withdrawn through ATM-UPI from June: Up to Rs 1 lakh can be withdrawn, money will be available immediately in case of emergency

EPFO's new features: Withdraw PF amount through UPI/ATM, limit up to Rs 1 lakh!

— Ministry of Labour and Employment announces: Facility to start from May 2024 —
The process of withdrawing money from their Provident Fund (PF) will now become easier and faster for EPFO ​​members. Secretary of the Ministry of Labour and Employment Sumita Davra announced on Wednesday that from the end of May 2024 or the beginning of June 2024, EPFO ​​members will be able to withdraw PF amount through UPI and ATM. The maximum limit of this facility has been kept at Rs 1 lakh.

Details of new features: 1. EPFO ​​withdrawal card (like a debit card): Each member will be given a special EPFO ​​withdrawal card, which will be linked to the PF account. Using this card, you can withdraw PF amount from any ATM machine or transfer money through UPI apps (like PhonePe, Google Pay). Withdrawal limit: Up to a maximum of Rs 1 lakh per month.

2. Instant balance check and automated claims: Currently, it takes 2 weeks to get the amount after submitting an online claim. In the new system, 95% of claims will be automated, and the amount will be received in just 3 days. EPFO has strengthened its digital network by linking more than 120 databases (like Aadhaar, PAN, bank details), so that document verification will be faster.

3. Expanded purposes of use: Now, purposes like illness, home loan, education, marriage and unemployment have been included for withdrawing PF amount.

PF Withdrawal Rules During Unemployment: If you lose your job, then:
After 1 month: You can withdraw 75% of your PF balance.
After 2 months: The remaining 25% can be withdrawn.
This facility will provide immediate financial help during unemployment.


PF Withdrawal and Tax Rules:
1. What if you withdraw before 5 years? If you have served less than 5 years and withdraw more than Rs 50,000, then:
If you have PAN card: 10% TDS will be deducted.
If you do not have PAN: 30% TDS will be deducted.
To save tax: Submit Form 15G/15H (if your income is not taxable).

2. What if you withdraw after 5 years? No tax! If your total service (in one or more companies) is 5 years or more, the PF amount is completely tax-free.
EPFO's goal: "Public convenience and speed" In the words of Secretary Sumita Davra: "The aim of this initiative is to provide easy access to the hard-earned money of India to the workers. We are modernizing EPFO's digital system and guaranteeing claim settlement within 3 days."
Instructions for members: To get EPFO ​​withdrawal card: Keep the registered mobile number and email updated in your PF account. Save tax: Link PAN card and submit Form 15G/15H before withdrawing PF.
With new features, using PF account will now be more convenient and transparent!

Article published | Wed | 26 Mar 2025 | 9:29 PM

Gold and silver prices fall today: Gold falls by Rs 160 to Rs 87,559, silver is being sold at Rs 97,378 per kg

Gold and silver prices fall: What happened on March 25? Know complete updates and buying tips Status as of March 25, 2024: Today, gold and silver prices have seen a decline. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold has fallen by ₹160 to ₹87,559. On March 20, gold reached an all-time high of ₹88,761, while silver was sold at a record price of ₹1,00,400 per kg on March 17. Today, silver has fallen by ₹29 to ₹97,378 per kg. ---

Gold prices in metro cities (10 grams):
| City | 22 carat | 24 carat |
| Delhi | ₹82,000 | ₹89,440 |
| Mumbai | ₹81,850 | ₹89,290 |
| Kolkata | ₹81,850 | ₹89,290 |
| Chennai | ₹81,850 | ₹89,290 |
| Bhopal | ₹81,900 | ₹89,340 |
---

Gold and silver price hike in 2024: - Gold: Increased by ₹11,397 to ₹87,559 from January 1 (previously ₹76,162). - Silver: Increased by ₹11,361 to ₹97,378 per kg (previously ₹86,017). - 2023 Comparison: Gold rose by ₹12,810 and silver by ₹14,500 last year. ---

Why the decline? - Global market impact: Changes in gold prices in the international market and fluctuations in the dollar price. - Investor behavior: Selling pressure to take profits after all-time highs. - Silver demand: Prices fell due to reduced industrial use and increased interest in the stock market. ---

Follow these 3 tips while buying gold: 1. Check the hallmark: - Buy by looking for the 6-digit HUID code (e.g., AZ4524) certified by BIS (Bureau of Indian Standards). This confirms the purity of the gold (24K, 22K).

2. Compare Prices: - Check the price for each carat (24K, 22K, 18K) from official websites like IBJA. 24K gold is pure, but 22K is used for jewelry.

3. Make digital payments: - Use UPI, debit/credit cards instead of cash. Don't forget to check the bill and packaging! ---

Future predictions: - Gold: Prices will continue to fluctuate due to factors like wars, inflation, and elections. - Silver: Prices are likely to increase in the long run due to increased demand in technology and the solar industry. ---

My advice: Before investing in gold and silver, be careful of short-term price fluctuations. Gold is a safe investment in the long run, but always trust BIS hallmark and digital transactions.

Note: Silver price is quoted at ₹11,390, but the calculation shows ₹11,361. The difference in this information is based on the data source.

Article published | Tue | 25 Mar 2025 | 9:42 PM

Tech entrepreneur says wife's illicit relationship is now torturing her: Chennai police also accused of harassment over child custody

Prasanna Shankar and Divya's custody battle: The full story of international law, police harassment and counter-allegations

The legal and personal battle between Chennai-based tech entrepreneur Prasanna Shankar and his wife Divya is becoming increasingly complicated. Both parties have levelled serious allegations against each other, including child custody, divorce, and noisy challenges to international law. Prasanna has taken to X (Twitter) to share her story, claiming to be "harassed" by the Chennai police and his wife. Let's understand each layer of the case in the article. ---

Background: Love marriage, then separation Prasanna Shankar, founder of Singapore-based crypto social network 0xPPL.com and Ripling (valued at ₹85,000 crore), fell in love with Divya while studying at NIT Trichy in 2009. They got married in 2014 and have a 9-year-old son. But, in 2023, Prasanna came to know that Divya was having an affair with a man named Anoop. Hence, he filed for divorce in India, while Divya filed a petition in a US court. ---

Allegations and counter-allegations: Who says what? 1. Prasanna's claims:
- Divya filed a false FIR against him in Singapore for domestic violence and rape, which the police dismissed as "baseless". - In 2023, Divya took her son to America and "kidnapped" him. Under the Hague Convention, the American court ruled in Prasanna's favor and handed over the custody of the child to her. - An MOU (Memorandum of Understanding) was signed in Singapore: Divya was asked to pay ₹9 crore + ₹4.3 lakh per month and settle in Chennai. But, Prasanna did not return her son when Divya did not deposit the child's passport in the locker.

2. Divya's counterclaim:
- "Prasanna called me to India on the pretext of a property agreement and forcibly took my son away. I am concerned about his safety." - Prasanna was accused of sexual harassment and involvement in prostitution in Singapore, due to which she was fired from the company (Prasanna claims that the charges were later dropped). ---

The role of the police: What is the truth? - Chennai police are looking for Prasanna on charges of "kidnapping". Prasanna's allegation: "There was an attempt to arrest me by knocking on my door at midnight, but I escaped with my son. Now they are illegally arresting my friend Gokul from Bengaluru and harassing him." - Divya's side: "The police are trying to bring the child back safely. Prasanna stole my passport and has ignored the law." ---

Legal proceedings: India, US and Singapore battle - US court order: As per the Hague Convention, the child needs to be sent back to the country of origin (India). However, the proceedings are stalled as a divorce petition is pending in the Indian court. - Legal validity of MOU: Difficult to enforce in Indian courts, as it was signed in Singapore. - Questions on police: Human rights groups raise questions over Gokul's illegal arrest and warrantless proceedings. ---

The child's future: In whose hands? - Prasanna's claim: "My son is safe and happy with me. Divya had taken him to America by mistake." - Divya's concern: "I have no idea about my child. Prasanna has taken him by force." - Outcome: Despite the child's best interests being paramount, the complexities of international law and biased police action are hindering timely justice. ---

Conclusion: What is the way forward? - Prasanna will have to surrender to the law and prove her innocence through evidence. - Divya will have to prove the invalidity of the MOU in a US court. - Both parties need to pursue mediation, prioritizing the child's feelings.

The ultimate truth: This case is not just a legal battle, but a warning to families to avoid getting caught up in the vagaries of international law. Unless the welfare of the child is at the center, there will only be losers in such battles.

Article published | Mon | 24 Mar 2025 | 10:00 PM

Air India to buy 40 wide-body aircraft: Talks with Boeing-Airbus; 470 aircraft ordered in 2023

Air India's massive fleet expansion and modernization plan
1. New widebody aircraft deal: Talks underway with Boeing and AirbusAir India is currently in serious talks with Boeing and Airbus to buy 30 to 40 widebody aircraft. The deal could be expanded to more than 50 aircraft, including modern models like the Airbus A350 and Boeing 777X. The deal is likely to be announced during the Paris Air Show in June 2024, which is part of the airline's modernization and global network expansion plan.

2. Historic mega order of 2023: 470 aircraft, ₹6 lakh crore deal Air India has placed a record order for 470 aircraft in the history of the aviation industry in 2023, worth $70 billion (≈₹6 lakh crore). This includes the following details: 250 aircraft with Airbus: 40 Airbus A350900/1000 (widebody, for long-haul flights). 210 Airbus A320neo (single-aisle, for domestic and short-haul flights). 220 aircraft with Boeing: 190 Boeing B737 MAX (single-aisle). 20 Boeing B787 Dreamliners (widebody). 10 Boeing B777X (advanced widebody, for future long-haul flights).

3. Separate order of 100 Airbus aircraft last year In 2023 itself, Air India had signed a deal for 100 Airbus A320neo aircraft, mainly to strengthen its domestic network. These aircraft come with low fuel consumption and advanced technology.

4. Air India's current fleet and operational capacity Existing fleet: 128 aircraft (single-aisle and widebody). Main aircraft: Airbus A350 (flagship model for international flights). Network: 59 non-stop international flights, serving 79 countries. Employees: 12,000+ employees worldwide.

5. Revival under Tata Group control On January 27, 2022, Tata Group bought Air India for ₹18,000 crore, ending 68 years of government ownership. Under Tata's leadership, the airline has focused on operational efficiency, fleet modernization, and global expansion.

6. Future plans and goals Expanding international markets: New widebody aircraft will help it compete on long-haul routes like the US, Europe, and Australia. Reducing carbon emissions: Eco-friendly technologies like the A350 and B777X will help it achieve environmental goals. Paris Air Show 2024: The announcement of a new deal at this event will signal Air India's global revival.

Widebody aircraft: A large-bodied aircraft (for long-haul flights). Single-aisle: An aircraft with a single seat row (for short-haul flights). Flagship model: The company's flagship and most modern aircraft.

Conclusion Air India's massive fleet expansion and modernization plan will further the Tata Group's goal of establishing India as a global aviation hub. With the announcement of a new deal at the 2024 Paris Air Show, Air India is once again set to compete with the world's leading airlines.

Article published | Fri | 21 Mar 2025 | 10:22 PM

Air India to buy 40 wide-body aircraft: Talks with Boeing-Airbus; 470 aircraft ordered in 2023

Air India's massive fleet expansion and modernization plan
1. New widebody aircraft deal: Talks underway with Boeing and AirbusAir India is currently in serious talks with Boeing and Airbus to buy 30 to 40 widebody aircraft. The deal could be expanded to more than 50 aircraft, including modern models like the Airbus A350 and Boeing 777X. The deal is likely to be announced during the Paris Air Show in June 2024, which is part of the airline's modernization and global network expansion plan.

2. Historic mega order of 2023: 470 aircraft, ₹6 lakh crore deal Air India has placed a record order for 470 aircraft in the history of the aviation industry in 2023, worth $70 billion (≈₹6 lakh crore). This includes the following details: 250 aircraft with Airbus: 40 Airbus A350900/1000 (widebody, for long-haul flights). 210 Airbus A320neo (single-aisle, for domestic and short-haul flights). 220 aircraft with Boeing: 190 Boeing B737 MAX (single-aisle). 20 Boeing B787 Dreamliners (widebody). 10 Boeing B777X (advanced widebody, for future long-haul flights).

3. Separate order of 100 Airbus aircraft last year In 2023 itself, Air India had signed a deal for 100 Airbus A320neo aircraft, mainly to strengthen its domestic network. These aircraft come with low fuel consumption and advanced technology.

4. Air India's current fleet and operational capacity Existing fleet: 128 aircraft (single-aisle and widebody). Main aircraft: Airbus A350 (flagship model for international flights). Network: 59 non-stop international flights, serving 79 countries. Employees: 12,000+ employees worldwide.

5. Revival under Tata Group control On January 27, 2022, Tata Group bought Air India for ₹18,000 crore, ending 68 years of government ownership. Under Tata's leadership, the airline has focused on operational efficiency, fleet modernization, and global expansion.

6. Future plans and goals Expanding international markets: New widebody aircraft will help it compete on long-haul routes like the US, Europe, and Australia. Reducing carbon emissions: Eco-friendly technologies like the A350 and B777X will help it achieve environmental goals. Paris Air Show 2024: The announcement of a new deal at this event will signal Air India's global revival.

Widebody aircraft: A large-bodied aircraft (for long-haul flights). Single-aisle: An aircraft with a single seat row (for short-haul flights). Flagship model: The company's flagship and most modern aircraft.

Conclusion Air India's massive fleet expansion and modernization plan will further the Tata Group's goal of establishing India as a global aviation hub. With the announcement of a new deal at the 2024 Paris Air Show, Air India is once again set to compete with the world's leading airlines.

Article published | Fri | 21 Mar 2025 | 10:22 PM

Warren Buffett has the highest growth among the top 500 billionaires: Despite the decline, he earned Rs 1.9 lakh crore this year; became the sixth richest person

Warren Buffett and Berkshire Hathaway in 2025: Strategy for Success in Global Markets

1. Strategic Ingenuity in Stock Selection Stable Portfolio: Despite an 8% decline in the S&P 500, 7 of Buffett's stocks performed well: Berkshire Hathaway (+14%): Strength in insurance business and core holdings. BYD (+47%): China's leadership in electric vehicles and battery tech. Coca-Cola (+11%): Stability in consumer demand (defensive stock). TMobile (+16%): 5G expansion and confidence in the telecom sector. Aon (+11%), VeriSign (+15%), New Holdings (+13%): Companies with fixed income and market dominance. Sector Focus: Emphasis on low-risk sectors like utilities, telecom and consumer goods.

2. Record cash reserves: Gold safety net Cash hoard: ₹28.87 lakh crore (or $348 billion) raised by selling shares of Apple and Bank of America. This is more than even the tech giants (Microsoft, Nvidia). Cash Need: Ready to dive into the market or buy shares cheaply. Part of Buffett's "wait and see" strategy.

3. Belief in AI, but with caution Indirect investment: Invested in companies like Apple and Amazon, which are gradually fitting AI into their businesses (e.g. supply chain management, customer analytics). Away from pure AI startups: Buffett has opted for traditional companies that leverage AI rather than investing directly in AI-focused companies.

4. Resurgence in the insurance business Key source of profit: Improved risk management in GEICO and the reinsurance business. Use of float: Use insurance premiums ("float") for investment, a historic strategy for Buffett.

5. Expansion in Japan: Key to new growth Stakes in Japanese trading companies: ₹2.03 lakh crore ($24.4 billion) invested in companies like Mitsui, Mitsubishi. Why Japan?: Weak yen (cheap valuations). Japan's economic reforms and exposure to commodity/energy markets.

6. Share buyback cut: New priorities ₹25,932 crore cut in buybacks: Buffett focused on external investments (Japan, AI-backed companies). Result: 16% growth in Berkshire shares – investors were confident that the company was looking for new opportunities.

7. Timely decisions in uncertainty Role of cash: Guarantee of safety during market volatility. Golden opportunities: Be prepared to buy undervalued companies and distressed assets.

Key formulas for Buffett's success 1. Stick to fundamentals: Choose companies that are profitable in the long run, with low leverage.
2. Diversification: Reduce risk by spreading investments across the US, Japan and Europe.
3. Avoid excesses: Avoid getting caught up in tech bubbles and short-term trends.

Next steps and concerns Cash concerns: Rising inflation could devalue cash. Japan's woes: The impact of a yen move or economic slowdown. AI's slow impact: Buffett's slow adoption of AI at his companies could be detrimental in the long run.

Conclusion In 2025, Buffett proved that "patience and simplicity" are the keys to success even in global chaos. Through disciplined stock selection, the strength of cash, and global diversification, Berkshire Hathaway is turning even recessions into opportunities. Buffett's message to new investors is clear: "When others are greedy, be fearful; when others are fearful, be greedy."

Article published | Thu | 20 Mar 2025 | 9:38 PM

Vodafone Idea shares rise 8%: VI launches 5G service in Mumbai, company in talks with Starlink for satcom partnership

Vodafone Idea (VI) shares jump 8%: 5G launch in Mumbai, Starlink-Amazon partnership talks, but concerns over customers and losses

Mumbai, March 19, 2024 (Wednesday): Telecom giant Vodafone Idea (VI) shares today witnessed a huge jump of 8.59%. The company's shares closed at ₹7.71 on the BSE, showing a rise of 8.65% in the last 5 days and 7.71% in a month. The main reason for this rise is the launch of 5G services in Mumbai and ongoing talks for a satcom partnership with Elon Musk's Starlink and Amazon's "Kuiper". However, VI's shares have fallen by 40% in the last one year, which is due to customer decline, heavy debt and losses. ---

5G launch in Mumbai: Partnership with Nokia VI has worked closely with Nokia to launch 5G services in Mumbai. According to the company, these services will provide greater coverage and a smoother internet experience at a lower cost. "We are working with Nokia with strong technology to accelerate the 5G rollout. Customers will get unlimited 5G data, video streaming and gaming features from ₹299/month," said Ravinder Thacker, Managing Director, VI. ---

Subscriber decline: 1.7 million users lost in December According to TRAI data, VI's subscribers reached 20.7 crore in December 2024, which recorded a decline of 1.7 million. In November too, there was a decline of 1.5 million users. Analysts believe that aggressive 5G marketing and stable network of Jio and Airtel are putting pressure on VI. ---

Financial Position: Loss of ₹6,609 crore, but promising signs - Q3 FY24-25 Loss: VI reported a loss of ₹6,609 crore in October-December 2024, which is 5.4% lower than the loss of ₹6,986 crore last year. - Revenue Growth: The company's revenue grew by 4.16% to ₹11,117 crore. - ARPU Improvement: Average Revenue Per User (ARPU) increased by 4.7% to ₹173, which is due to tariff hike and impact of premium plans. ---

Fundraising: ₹26,000 crore raised VI has raised ₹26,000 crore in the last 12 months from various sources: - ₹18,000 crore through FPO (India's largest FPO). - ₹4,000+ crore from promoters (Vodafone Group and Adani). - ₹50,000-55,000 crore capex planned in next 3 years. ---

Talks with Starlink-Kuiper: Satcom services in rural India VI is in talks with Elon Musk's Starlink and Amazon's "Kuiper" to work together for high-speed internet in rural areas. The partnership will increase VI's reach in remote areas and provide a balance in competition with Jio/Airtel. ---

Challenges and Future Plans - Debt burden: VI has a debt of ₹2.1 lakh crore, which requires continuous funding to manage. - Lagging behind in the 5G race: Jio and Airtel have already launched pan-India 5G, while VI is still in the early stages. - Analysts' view: "VI will have to focus on rapid rollout of 5G and service quality to regain customer trust," said Srinivas Rao, telecom analyst at Motilal Oswal.

Conclusion: VI's share price rally today reflects optimism based on 5G and SATCOM partnerships. However, customer stability, debt control and effective rollout of 5G will be crucial for long-term success.

Article published | Wed | 19 Mar 2025 | 10:03 PM

Gold rises by Rs. 1,048 to Rs. 87,891 all-time high: Gold price rises by Rs. 11,729 in 76 days; Silver rises by Rs. 1,363 to Rs. 99,685 per kg

Historic jump in gold and silver prices: Why did they increase and what precautions should be taken while buying? (March 17, 2024 | Monday)

According to my report, today the prices of gold and silver have hit an all-time high. According to data from the India Bullion and Jewelers Association (IBJA), the price of 24-carat gold has jumped by ₹1,048 per 10 grams to ₹87,891. This increase has been seen in just 4 days (March 13: ₹86,843). In cities like Ahmedabad, 24-carat gold is being sold at ₹89,610 per 10 grams, which is the highest in the country.

A storm in silver too: - The price of silver has increased by ₹1,363 to ₹99,685 per kg today. - Last week (March 14) it was at ₹98,322. - Silver broke its previous record on October 23, 2023 (the article says 2024, but it is a possible typo) at ₹99,151 per kg. --- Gold prices in 4 metros (per 10 grams): | City | 22 carat | 24 carat |
| | Delhi | ₹82,250 | ₹89,710 |
| Mumbai | ₹82,100 | ₹89,560 |
| Kolkata | ₹82,100 | ₹89,560 |
| Chennai | ₹82,100 | ₹89,560 |
---

3 main reasons for the price increase: 1. Trump's political impact: The possibility of Donald Trump becoming the President of the United States again has led to instability in the global market.
2. Rupee weakness: As the rupee weakened against the dollar, imported gold prices increased.
3. Stock market crash: People are turning to gold as a safe investment.
---

Gold-Silver journey in 2024: - From January 1 to date:
- 24 carat gold: ₹76,162 to ₹87,891 (an increase of ₹11,729).
- Silver: ₹86,017 to ₹99,685 per kg (an increase of ₹13,668).
- Comparison with last year: Gold rose by ₹12,810 in 2023, but in 2024 it has increased by ₹11,729 in just 72 days! --- Future predictions: Ajay Kedia of Kedia Advisory tells me in a discussion, "With expectations of interest rate cuts in the US and UK and rising geopolitical tensions, gold can reach ₹90,000 per 10 grams. Demand will also be sustained by increasing investment in gold ETFs." ---

My 3 Guru Mantras while buying gold: 1. Look for hallmark: Only buy gold certified by BIS (Bureau of Indian Standards). It should have a 6-digit HUID code (such as AZ4524). 2. Check the price: Find out the rate on the day of purchase from the IBJA website or trusted sources. 24 carat gold is pure, but 22 carat is more durable for jewelry. 3. Make digital payments: No cash, pay with UPI/card and get the bill. Check the packaging before ordering online. ---

My final opinion: The luster of gold and silver depends on economic instability and political activities. Investors should understand the trend and buy certified gold only. "Today's price is historic, but further rise is possible in the future," is the opinion of experts.

Article published | Mon | 17 Mar 2025 | 9:46 PM

10 lakh solar plants installed under PM Surya Ghar Yojana: Target 1 crore, this scheme will provide 300 units of free electricity to the household and an annual income of 15,000

PM Surya Ghar Free Electricity Scheme: Guaranteed Solar Energy, Savings and Income at Home! Preface I (Government of India) launched the "PM Surya Ghar Free Electricity Scheme" on February 13, 2024 to provide free electricity and clean energy supply to the people of the country. The main objective of this scheme is to provide free electricity up to 300 units per month to each family by installing solar plants in 1 crore homes. As of March 10, 2025, 10.09 lakh homes have become beneficiaries of this scheme.

Key Features of the Scheme 1. Free Electricity and Income: - Every house installing solar panels will get 300 units of free electricity per month. - An income of up to ₹15,000 per year can be earned by selling the excess electricity to DISCOMs.

2. Subsidy Amount: - 2 kW Solar Plant: 60% subsidy of total cost (Example: ₹60,000 subsidy on ₹1 lakh plant).
- 3 kW Solar Plant: 40% subsidy for additional 1 kW (Total subsidy ₹78,000).
- Example: Cost of 3 kW plant is ₹1.45 lakh. Customer share is ₹67,000 (Balance amount through cheap bank loan).
3. Loan Facility: - Banks will provide loan at repo rate + 0.5% interest rate (currently ~6.75% per annum).

What to do to avail the scheme? 1. Online Application: - Register yourself on the national portal (pmsuryaghar.gov.in). - Fill in details like customer number, address, capacity of solar plant (1 kW, 2 kW, or 3 kW).

2. Verification of documents: - The DISCOM company will verify your documents (Aadhaar, electricity bill, income certificate, bank passbook).

3. Vendor selection and installation: - Get the solar panel installed from a vendor registered on the portal. - After installation, the DISCOM will install a net meter, which will measure the excess electricity.

4. Get subsidy: - After the installation is complete, the subsidy amount will be credited to your account through DBT.



How much electricity will you get from a solar plant? - 1 kW plant: 4-5 units per day → 120-150 units per month. - 3 kW plant: 12-15 units per day → 360-450 units per month. - Use 300 units of this for free, sell the remaining electricity to the DISCOM and earn income!

Required documents - Aadhar card
- Address proof (bill/rent slip)
- Latest electricity bill
- Income certificate (validated by the state government)
- Bank account details
- Passport size photo


Benefits of the scheme - Savings: 70-80% reduction in electricity bill. - Income: Earn up to ₹15,000/year by selling excess electricity. - Environmental benefits: Reduction in carbon emissions.

Important Instructions - Apply by 31 March 2025 to avail the scheme. - The maintenance cost of the solar plant will have to be borne by the customer. - It is necessary to maintain good communication with the DISCOM for net metering.

Conclusion Through the PM Surya Ghar Yojana, the people of Gujarat and the country are connecting with clean energy, free electricity and new economic opportunities. This scheme is an important step towards reducing the financial burden and making India a world leader in solar energy. "The energy of the sun on the roof of our house, the guarantee of our future!"

👉 Click here to apply: [PM Surya Ghar Portal](https://pmsuryaghar.gov.in)

Article published | Sun | 16 Mar 2025 | 10:13 PM

Narayana Murthy said – Treat employees like human beings: Asked companies to reduce the gap between maximum and minimum wages

N.R. Narayana Murthy's Thoughts: Poverty, Capitalism and the Responsibility of Youth
— Why did the Infosys founder have such views on corporate culture, working hours and India's development?

1. "A Humane Corporate World: Equality of Pay and Respect" Infosys co-founder N.R. Narayana Murthy gave an important message to Indian industries at TIE Con ​​2025: "Treat employees like human beings." He said that the gap between the lowest and highest salaries in companies should be reduced. Also, improvements such as fair distribution of benefits to all employees, public praise, and private criticism increase the dignity of the workplace.

More references: Infosys has been making employees partners in the company through schemes such as ESOP (Employee Stock Option) since the 1990s. In countries like Japan and Germany, the CEO to average employee salary ratio is 20:1, while in India, the figure is over 200:1. Murthy wants to reduce this disparity.

2. "70-hour work week: A call or a pressure for youth?" (2023 controversy) In 2023, Murthy created a buzz on social media when he advised youth to "work 70 hours a week". He claimed: "Countries that have achieved historic success have worked hard. India too will have to prepare today's youth for global leadership."

Pros and Cons: Supporters: Murthy is considered an ideal of "youth power". The economic miracle was possible only in Japan in the 1970s and China in the 1990s with a workweek of 6070 hours. Critics: Gig workers in India (like Zomato delivery boys) already work 1214 hours/day. Such advice supports burnout and mental health issues.

Statistics: According to the ILO (International Labour Organization), Indian workers work an average of 48 hours/week, which is more than the world average of 35 hours.

3. "Capitalism vs Socialism: Murthy's challenge on India's economic mindset" Murthy has a clear view: "800 million Indians need to be given free ration, which means 60% of our population lives in poverty. The country cannot move forward with these socialist policies. Only capitalism will bring industry, employment and innovation."

Discussion Points: The Good Side of Capitalism: Startups, FDI (Foreign Direct Investment), and IT companies like Infosys have created 3 crore+ jobs in India. The Bad Side: Income inequality (Top 1% people own 40% of the wealth) is at an all-time high in capitalist countries like America. In India too, 1% people owned 22% of the national income in 2023.

Murthy's Counter: "Capitalism does not mean exploitation. A balance between socialism and capitalism is possible through fair wages, employee participation, and CSR (Corporate Social Responsibility)."

4. "Free Ration and Poverty: What is the Responsibility of Youth?" (2024 comment) In December 2024, Murthy warned the youth: "800 million Indians live for free, we cannot be lazy. If you don't work hard, poverty will never go away."

Perspective: Under the Indian government's PM Garib Kalyan Yojana, 800 million people get 5 kg of free food grains per month. Such schemes cost Rs 2 lakh crore annually. Murthy's argument: "Free benefits are not a long-term solution. Youth should create new jobs in startups, technology and manufacturing."

5. Public reaction: "Is Murthy right or wrong?" Supporters: Industrial houses (Tata, Ambani) and startup founders consider Murthy to be a "transformer of India". Opponents: Labour leaders and activists say: "The 70-hour workday is anti-labour. India needs to reduce working hours, not increase them."

My view: Murthy's vision is focused on economic growth, but in a diverse country like India, development will be incomplete without social justice and workers' rights. Youth hard work is essential, but at the same time, the government should promote education, healthcare, and the startup ecosystem. As Murthy said: "Prosperity is not just about money, it is about the dignity of society."

Article published | Fri | 14 Mar 2025 | 10:11 PM

Using less than credit limit will increase CIBIL score: Use only 30% of credit card limit, 4 important things to maintain your credit score

Important tips and information to keep your CIBIL score good:
1. Proper use of credit cards: Do not spend more than 30% of the limit: Spend only 30% of your credit limit. Example: If you have a limit of 1 lakh, spend up to 30,000 rupees. Spending more than 70% reduces your CIBIL score. Apply for a limit increase: If you have a stable income and a good payment history, ask the bank to increase the limit.

2. Divide the expenses: If you have multiple credit cards, divide the expenses across 23 cards. This way, the utilization ratio of each card will not exceed 30%.

3. Set alerts: Activate spending alerts through the credit card app or SMS. You will get a notification when the expenses cross the 30% limit.

4. Disadvantages of low limit: Repeatedly exceeding the limit may lead the bank to consider you as "financially weak". Loan or new card application may be rejected. A decrease in CIBIL score makes it difficult to get a loan in the future. The effect of a negative record remains for 7 years (even if you make payments on time currently).

How to check CIBIL score? 1. Once for free: Check your score for free once a year by entering your PAN number on [CIBIL official website](https://www.cibil.com). 2. Paid subscription: Check your score multiple times by paying Rs 550/month. 3. Other platforms: You can also check your score through banking apps (like Paytm, PhonePe) or NBFC websites (like CRED).

Note: Along with timely payments, credit utilization ratio (30% rule) and loan card information (credit mix) also affect CIBIL score. Check your score regularly and take steps to improve it.

Article published | Thu | 13 Mar 2025 | 10:15 PM

High-speed satellite internet will come to the country soon: After Airtel, Jio joins hands with Musk, Mukesh Ambani's deal with SpaceX; The way for Starlink is paved in India

After Airtel, the country's largest telecom service provider Reliance Jio has now signed a historic agreement with Elon Musk's Starlink to provide satellite internet services. With an aim to give a new dimension to digital connectivity in India, the partnership of Jio and Starlink will ensure access to high-speed internet in remote areas, rural regions and disaster-affected zones.

Key points and details 1. Purpose and objective of the agreement: Jio and Starlink will integrate satellite technology into India's telecom network, strengthening internet services in educational institutions, healthcare centers, rural businesses, and remote areas. Starlink, operated by Elon Musk's SpaceX company, has the world's largest network of over 7,000 satellites in low Earth orbit (LEO). This technology offers 40 times lower latency (50 ms) than traditional satellite internet and speeds of up to 150 Mbps.

2. How does Starlink work? Starlink provides users with an internet kit, which includes a satellite dish, router, power supply and tripod. The dish is placed under the open sky, so that it can connect directly to the satellite. Users can set up, monitor and test speeds through iOS and Android apps.

3. What will change in India? Transformation of rural India: According to government data, rural teledensity is only 59.1% as of March 2024. Starlink can revolutionize internet in villages, slums, mountainous areas and desert regions. Disaster Management: Starlink's network can quickly restore communication channels in the event of a disaster such as a cyclone, earthquake, or flood. Education and Health: Expansion in online education (elearning), telemedicine, and digital services.

4. Challenges and Limitations: Cost: Starlink's plans are 7 to 18 times more expensive than existing fiber broadband. For example, its basic plan in the US is $120 (≈Rs. 10,000) per month. Government Regulations: Satellite internet in India requires compliance with digital security and data privacy regulations. Technology Limitations: Starlink's speed is lower than fiber (1 Gbps), and weather conditions (such as heavy rain) can affect service.

5. Future of Satellite Internet in India: According to a KPMG report, India's satellite communication market will grow to Rs 1.7 lakh crore by 2028. Role of Reliance Jio: With 470 million customers, Jio is the country's largest telecom company. Its net profit in October-December 2023 increased by 14% to Rs 6,231 crore.

Frequently Asked Questions (FAQs) 1. What is the difference between Starlink and Jio/Airtel? Jio and Airtel provide internet through fiber optics and mobile towers, while Starlink is based on satellites. Hence, it works in areas without underground infrastructure.

2. Will Starlink replace fiber broadband? No, Starlink is a complementary service. Fiber speeds and stability are better in cities, but Starlink may be the only option in rural areas.

3. How much will Starlink cost in India? Currently, prices in India have not been announced, but based on US rates, it could be ≈1,000-2,000 per month and an installation fee of ≈50,000 rupees. The government may reduce the cost in rural areas through subsidies.

4. How easy is Starlink to install? Users can set up a dish in 30-60 minutes. Real-time monitoring is available through apps.

Next steps Jio and Airtel will start selling Starlink devices at retail stores. Enterprise Solutions: Starlink-based customized plans for corporates, government organizations, and hospitals. Integration with 5G: Combined use of satellite and 5G networks in the future.

Conclusion: The partnership of Reliance Jio and Starlink is an important step towards the dream of Digital India. By bridging geographical disparities, this technology will realize the spirit of "Sabka Saath, Sabka Vikas".

Article published | Wed | 12 Mar 2025 | 11:09 PM

IndusInd Bank shares fall 22%: Derivative account mess is the main reason, bank's assets may fall by 2.35% in December quarter

IndusInd Bank shares plunge: Key points and analysis

1. Historic decline in shares On Tuesday, March 11, IndusInd Bank shares plunged 22%, their biggest single-day decline since November 2020. The share price fell 196 points to Rs 703, hitting a post-2020 low.

2. Reason for decline The bank on Monday disclosed that accounting discrepancies have been found in its derivatives portfolio. These issues could have a negative impact on profit and net worth (value), with a decline of 2.35%. Concerns among investors created selling pressure in the stock.

3. Weakness in Q3 financial results Profit: The bank's net profit in the third quarter (October-December 2023) fell by 39% to ₹1,402.33 crore (₹2,301.49 crore last year). Income: Total income grew by 8.5% to ₹15,155.80 crore (₹13,968.17 crore last year). Reason: Increase in expenses (especially provisions and operating expenses) was the main reason for reducing profit.

4. Impact on the market IndusInd's decline indicates company-specific risks, while the overall Indian stock market remained flat: Sensex down just 35 points (near 74,000) and Nifty steady at 22,460. Limited impact on the domestic market despite a dramatic 4% decline in the US market.

5. Analysis and Forecast Severity: Accounting discrepancies raise questions about the bank's transparency and management, which could weigh on the share price in the short term. Regulatory risk: An investigation by RBI or SEBI could bring more negative news. Long term: If the bank clarifies the issues and improves profitability, a turnaround is possible. But it will take time to regain trust.

Conclusion: Accounting ambiguities and weak financial results have left IndusInd Bank facing serious downside risks in the short term. Investors should exercise caution and pay attention to the company's clarity/actions.

Article published | Tue | 11 Mar 2025 | 9:52 PM

Ola Electric shares fall 5.61%: Company's showroom raided, transport officials seize vehicles

Shares of Ola Electric Mobility fell 5.61% on Monday, falling by Rs 3 to Rs 53.36, after reports of raids on showrooms of the company. Two days ago, transport officials raided several Ola showrooms across the country, during which some showrooms were closed and vehicles were seized due to lack of trade certificates.

Ola Electric has opened 4,000 showrooms since 2022, but as per the available information, only 100 showrooms out of 3,400 showrooms have the required trade certificates under the Motor Vehicles Act. That is, more than 95% of the showrooms do not have the basic certificates required to display, sell and offer test rides of unregistered two-wheelers.

An Ola Electric spokesperson has termed the investigation as flawed and biased. He said Ola has a stock of unregistered vehicles in its distribution centres and warehouses across several states and follows the guidelines of the Motor Vehicles Act.

Since listing in August 2024, Ola Electric shares have fallen by 65% ​​from their peak price of Rs. 157.53. In the last one month, the company's shares have fallen by about 20%. As of December 2024, the company's market share has come down from 49% to 23%.

The company is planning to lay off over 1,000 employees and contract workers, which will affect departments including procurement, fulfillment, customer relations and charging infrastructure. The move is part of cost containment efforts.

Article published | Mon | 10 Mar 2025 | 9:14 PM

Tata Capital will file IPO draft papers after merger approval from NCLT: Merger with Tata Motors Finance will happen, IPO could be worth ₹17 thousand crores

Tata Capital IPO: Tata Group's mega plan in the financial services sector, preparing to raise over ₹17,000 crore

Tata Capital Limited, the flagship company of the Tata Group's financial services, is preparing to bring a historic initial public offering (IPO) to the Indian stock market. The process of this IPO will begin after the final approval of the merger with Tata Motors Finance from the NCLT (National Company Law Tribunal). According to sources in the Tata Group, the size of this IPO will be $ 2 billion (over ₹17,000 crore), which will be considered a major event in the financial services sector of India.

Merger and NCLT approval: Important condition for the IPO The final order of the NCLT for the merger of Tata Motors Finance and Tata Capital is likely to come by the end of the financial year 202425. Under this merger, Tata Motors shareholders will be given 4.7% equity shares in Tata Capital. The merger has been approved by the CCI (Competition Commission of India) in September 2024, taking into account the market position and customer base of both the companies.

IPO Details: Size, Valuation and Plan IPO Size: ₹17,000 crore (around $2 billion) Company Valuation: $11 billion (₹95,864 crore) Number of Shares: 23 crore new shares will be issued under the IPO. In addition, existing shareholders (through OFS) will also sell shares. Rights Issue: Before the listing, the company will raise funds through a rights issue to strengthen its financial position.

RBI's mandatory listing: Deadline till September 2025 Tata Capital has been recognised as a top-tier NBFC (Non-Banking Financial Company) by the RBI. As per RBI rules, such NBFCs are required to get listed within 3 years. Since Tata Capital got this status in September 2022, it will have to hit the stock market by September 2025.

Tata Sons' 92.83% stake: Dominance even post-IPO Tata Sons, the holding company of the Tata Group, currently holds 92.83% stake in Tata Capital. Even after the IPO, Tata Sons' stake may come down to 8587%, but it will retain control over the company.

Market and Analyst Reaction According to financial analysts, Tata Capital's IPO could be the largest public offering of 202425. Investors are excited due to the credibility of the Tata Group, growing demand in the NBFC sector, and scalability after the merger. Jyoti Swarup, Market Analyst: "Tata Capital's valuation of over ₹95,000 crore reflects its strong loan book in the NBFC sector and the brand value of the Tata Group. This could be an attractive long-term opportunity for retail investors."

Tata Group's Strategy: Listing trend in tech and finance Tata Group has recently achieved success by bringing companies like Tata Technologies (listed in November 2023) to the stock market. Tata Capital's IPO is the second phase of this plan, which aims to unlock value by selling the group's subsidiaries.

What's ahead: What are the challenges? Delay in NCLT approval could impact the IPO date. Market volatility and RBI's stricter rules on the NBFC sector will affect investor sentiment.

Conclusion: Tata Capital's IPO is an important step for the Tata Group in expanding into the financial services sector. Considering factors like mergers, rights issues, and RBI's deadline, this IPO is likely to be the biggest event in the Indian stock market in 2025. For investors, considering the Tata Group's track record and the company's growth plans, this could be fruitful in the long run.

Article published | Sun | 09 Mar 2025 | 10:06 PM

SEBI warns Nestle India: Senior official accused of insider trading; company says no impact on financial activity

SEBI warns Nestle India in insider trading case: Know the entire case and what is 'contra-trading'?
Key points: Indian stock market regulator SEBI has accused a senior Nestle India official of violating insider trading rules. The official has been found guilty of selling shares within 6 months of violating the contra-trading rules. SEBI's deputy general manager has sent a warning letter to Nestle, but the identity of the official has not been disclosed. Nestle India said that this action has not affected the business operations or financial position of the company.

Case details: 1. What is insider trading? When people inside the company (such as management, employees) buy or sell shares using confidential information, it is called insider trading. Such trading causes losses to other losers in the market. According to SEBI rules, such trading is illegal and punishable.
2. What does the contra trading rule say? If an insider (officer/employee) buys shares of his own company, he is prohibited from selling those shares for at least 6 months. The purpose of this rule is to prevent short-term share swaps from taking advantage of the situation. The Nestle official has violated the rules by selling shares before this 6-month limit.
3. Nestle's side: The company announced that the SEBI warning has no impact on business activities. Financial reporting and daily operations are continuing as usual. However, Nestle has refused to disclose the identity of the official or the details of the warning letter.

Nestle stock performance: Nestle shares closed at Rs 2,221.70 on Friday (latest trading day) up Rs 20.50 (0.93%). The company's shares have fallen 13.25% in the last one year. Nestle India's market capitalization is currently Rs 2.16 lakh crore.

Why is this case important? SEBI's strict watch: SEBI wants to maintain transparency in the stock market by enforcing rules like insider trading and contra trading. Pressure on Nestle: Although the company denies the impact, such allegations can reduce investor confidence in the long run. Market message: For small investors, this case indicates that SEBI is prepared to face irregularities.

Next steps: SEBI is currently limited to a warning, but if proven, fines or legal action may be taken. Nestle India will have to clarify its responsibilities to SEBI if it wants to counter the allegations.
Conclusion: This action by SEBI emphasizes the need for compliance with the rules in the Indian stock market. While such allegations pose a reputational risk for large companies like Nestle, SEBI's proactiveness is a positive sign for investors.

Article published | Sat | 08 Mar 2025 | 11:15 PM

Trump card to stop dollar from weakening: America creates strategic reserve of crypto; Bitcoin price drops by 5%, Trump to host first crypto summit today

America's Crypto Reserve Plan: Trump's Historic Executive Order and Future Directions
Former US President Donald Trump has taken a historic decision to propel the country into the cryptocurrency era. Through a recently released executive order, the US has announced the creation of a "Strategic Reserve of Digital Assets". With this decision, the US has now joined the club of a few countries like China, El Salvador, and Switzerland, which have accepted cryptocurrency as a national asset.

Key details of the reserve 1. Where will the crypto come from? This reserve will be filled with cryptocurrencies seized in criminal or civil cases. For example, digital assets seized in dark web, money laundering, or cybercrimes. The US government insists that no taxpayer money will be used to purchase crypto.
2. Which cryptocurrencies are included? Trump has announced plans to add 5 digital assets to the reserve: Bitcoin: The world's largest crypto, known as digital gold.
Ethereum: A platform for smart contracts and DApps. XRP: Known for fast cross-border transactions, although this choice is surprising amid legal battles with the SEC. Solana: High-speed and low-fee transaction network. Cardano: Blockchain based on academic research.
3. Market impact After the statement by David Sachs (White House crypto advisor), the price of Bitcoin saw a 5% decline, but it is currently down 2% to ₹76.88 lakh (approximately 58,000 USD). Analysts believe that government acceptance will stabilize the crypto market in the long run.

Trump's Crypto Summit: What's the plan? The first-ever Crypto Summit will be held at the White House on July 19, where the following topics will be discussed: Implementation of the Crypto Reserve. New regulations and tax framework for digital assets. Tactics to make America the "Crypto Capital of the World".
Trump's transformation: Trump, who called Bitcoin a "scam" in 2018, now says: "Crypto is the future. America will be a leader in this technology."

The historical role of the National Reserve Petroleum Reserve: America maintains a disaster reserve of oil. Canada's Maple Syrup Reserve: To protect the country's sweetness. China’s Digital Yuan: Increasing Economic Dominance Through CBDC (Central Bank Digital Currency).
Why the Need for Crypto Reserves? The Role of Crypto as Strategic Assets in the Digital Age. To Balance CBDC Efforts by Countries Like China and Russia. Ensuring the Presence of the US Dollar in the Digital Economy.

Questions and Answers 1. Anti-Decentralization? The original purpose of crypto is to be free from government control. Will a national reserve undermine this principle?
2. Market Shifts: Government holdings will reduce the supply of crypto, allowing prices to rise. But will a no-sell policy be beneficial in the long run?
3. Privacy and Security: How robust is the technical infrastructure to protect seized crypto?

Conclusion: The Confluence of Technology and Politics Trump's decision is important not only for the crypto market, but also for international geopolitics. The move will strengthen America's position in the technological war with countries like China. However, the conflict between government control and digital freedom will shape further discussions.
CryptoReserve DonaldTrump Bitcoin America Author: John Doe, Senior Economic Analyst Source: White House Press Briefing, CoinDesk, Bloomberg

Article published | Fri | 07 Mar 2025 | 9:37 PM

Geostar to lay off 1100 employees: Will also pay salary for up to 1 year; Company is eliminating non-essential roles after merger with Walt Disney

JioStar (Disney-Reliance Entertainment) is laying off 1100 employees, the main reason for which is the overlapping (duplication) in roles after the merger of Viacom18 and Walt Disney in November 2024. As part of this restructuring, non-essential roles are being eliminated in the distribution, finance, commercial and legal departments. The process of layoffs began last month and will continue till June.

Severance package: - Employees who have served for more than a year will get 1 year's salary as severance. - Employees with a tenure of less than a year will be given 1 month's full salary.

Background of the merger: - In November 2023, Disney Star India and Reliance's Viacom-18 merged, which also includes Disney Hotstar and Jio Cinema. - The combined entity is now India's largest entertainment network with 750 million viewers, 2 OTT platforms (Disney+ Hotstar and Jio Cinema), and 120 TV channels. - Reliance has invested Rs 11,500 crore in the venture and holds a 63.16% stake in the new company, while Disney holds 36.84%. - Nita Ambani will lead the company as chairperson and Uday Shankar as vice-chairperson.

The merger is aimed at gaining competitive advantage, but organizational changes such as employee transfers and layoffs have become inevitable.

Article published | Thu | 06 Mar 2025 | 11:02 PM

Reliance receives demand notice of Rs 24,522 crore: Ministry of Petroleum and Natural Gas issues notice to company

The Indian government has issued a demand notice of ₹24,522 crore ($2.81 billion) to Reliance Industries for alleged unauthorized migration of gas from the KG-D6 block (belonging to ONGC). The notice comes after a division bench of the Delhi High Court overturned a single judge's verdict.

Highlights: 1. History of the legal battle: - Reliance won ₹13,528 crore ($1.55 billion) in an international arbitration in 2018. - In 2023, a single judge bench ruled in Reliance's favor, but the division bench set it aside and sent a fresh demand notice.

2. Financial Impact: - Reliance shares fell by 0.41% (today), 9.26% (in 1 month), and 22.64% (in 1 year). - However, in the third quarter, the company reported a profit of ₹18,540 crore (7.38% growth) and revenue of ₹2.44 lakh crore (7% growth).

3. Company Status: - Reliance is India's largest private company, active in multiple sectors including petroleum, retail, digital and renewable energy.

Ahead: - This legal battle between the government and Reliance can seriously impact future investments and the company's market value. The upcoming court decision and Reliance's reaction will be crucial.

Article published | Tue | 04 Mar 2025 | 10:33 PM

Gold price rises to Rs 86,620 per 10 grams: Gold has become expensive by Rs 8,858 this year; Silver is being sold at Rs 93,653 per kg

Gold and Silver Price Fluctuations: Latest Status as of March 3, 2024

Gold Decreases, Silver Increases on Monday (March 3, 2024) According to a report by the India Bullion and Jewelers Association (IBJA), the price of 24-carat gold has fallen by Rs 36 per 10 grams to Rs 85,020. While in Ahmedabad, 24-carat gold is being traded at Rs 86,620 per 10 grams. Silver has increased by Rs 173/kg to Rs 93,653/kg.

Gold Price Movement Last Week February 19, 2024: Gold reached Rs 86,733 (all-time high). Since then, it has fallen by Rs 1,713. February 28 (Friday): The price was Rs 85,056, while today, Monday, it has been recorded at Rs 85,020.

Long-term decline in silver prices October 23, 2023 (corrected with accuracy): Silver reached Rs 99,151/kg (all-time high). Decrease since then: Decreased by Rs 5,498 to Rs 93,653/kg.

Gold prices in major cities (per 10 grams) | City | 22 carat | 24 carat |

|||| | Ahmedabad | ₹79,450 | ₹86,670 |

| Delhi | ₹79,550 | ₹86,770 |

| Mumbai | ₹79,400 | ₹86,620 |

| Kolkata | ₹79,400 | ₹86,620 |

| Chennai | ₹79,400 | ₹86,620 |



Performance of gold and silver in 2024 Gold: Increased by Rs 8,858 from ₹76,162 to ₹85,020 since January 1. Silver: Increased by Rs 7,636 to ₹93,653/kg from ₹86,017. Gold in 2023: Increased by Rs 12,810.

Expert Opinion: "Gold may reach 90,000 in 2024" According to Ajay Kedia of Kedia Advisory: 1. Interest rate cut: Interest rate cuts in the US and UK will increase demand for gold. 2. Geopolitical tensions: Crises like Ukraine and Israel make gold a "safe haven". 3. Invest in gold ETFs: Investors are pouring money into gold ETFs, which supports the price.

Follow these 3 tips while buying gold! 1. Look for BIS hallmark: Buy only gold with a 6-digit HUID (such as AZ4524). The hallmark verifies the purity (carat).

2. Compare prices: Check prices on IBJA, Greets, or trusted jewelers' sites. 24 karat is the purest, but 22/18 karat is used for jewelry.

3. Digital Payments and Bills: Pay with UPI, card, or net banking. Avoid cash. Don't forget to check the bill and HUID after purchase!

Note: The date of the all-time high price of silver (October 23, 2024) may be a typo. The correct date may be 2023.

Article published | Mon | 03 Mar 2025 | 10:41 PM

FIR ordered against former SEBI chief Madhavi Buch: Case will also be registered against BSE-SEBI officials; Journalist's complaint in stock market fraud case, also accused of corruption

Mumbai court orders registration of FIR against SEBI, BSE and Madhavi Puri Buch: Serious allegations of corruption, stock market fraud and regulatory violations

A special anti-corruption court in Mumbai has issued a historic order to register a complaint against former chairman of Indian stock market regulator SEBI (SEBI), Madhavi Puri Buch, Bombay Stock Exchange (BSE) and top officials of SEBI. The case alleges financial fraud, stock market manipulation and violation of rules. The order has been given on a petition filed by journalist Sapna Srivastava in a Thane court.

Key details of the court order 1. Registration of FIR: Charges will be registered under the Indian Penal Code (IPC), Prevention of Corruption Act and SEBI Act. Mumbai ACB (Anti-Corruption Bureau) has been ordered to submit a status report of the investigation within 30 days.

2. The complainant's main allegations: Regulatory lapses: SEBI and BSE officials did not act in the interest of investors, allowing stock market manipulation. Irregular listing: Companies that did not follow the rules were allowed to be listed on the stock exchange. Allegations against Madhavi Puri Buch: She hid her connections with offshore companies while holding the position of SEBI Chairperson and acted in conflict of interest.

Hindenburg Report: Allegations of connection with Adani Group In documents released by American research firm Hindenburg in August 2023, Madhavi Puri Buch and her husband Dhaval Buch had made serious allegations against: Mauritius Offshore Company: The Buch couple has stake in "Global Dynamic Opportunity Fund", which is linked to Vinod Adani of the Adani Group. Stock price manipulation: Allegations that this fund was used to artificially increase the share price of Adani companies. Conflict of interest: Madhavi transferred shares in Singapore-based "Agora Partners" to her husband's name just two weeks after becoming SEBI chairman.

More allegations from the Congress party Three salary scandal: Congress complained that Madhavi was taking salary from ICICI Bank and other institutions despite being a SEBI member. Response from SEBI and ICICI: Both institutions denied the allegations. ICICI said, "Madhavi was not given any salary or benefits after retirement."

Who is Madhavi Puri Butch? Career: Started with ICICI Bank in 1989. Was MD and CEO of ICICI Securities from 2007-2011. Became the first woman chairman of SEBI in 2022. Controversies: The Adani-Hindenburg case has been criticized for its inaction and offshore investments during SEBI's tenure.

Case progress ACB probe: Mumbai ACB to examine phone records, emails, offshore transactions of Butch, BSE and SEBI officials. Global challenge: Financial links with Mauritius and Singapore may complicate the probe. Question on SEBI's credibility: The case raises questions on the independence and transparency of India's regulatory apparatus.

Conclusion The case is a test of corruption and regulatory failures in India's financial markets. If the allegations are proven, the credibility of institutions like SEBI and BSE will decline. Also, the need for new rules to control offshore funding and political-industrial connections will become clear.

Article published | Sun | 02 Mar 2025 | 9:47 PM

Tesla's first showroom to open in Mumbai's BKC: EV sales possible from April, 4000 sq ft area taken at monthly rent of Rs 35 lakh

Tesla Enters India: First Showroom in Mumbai, EV Policy and New Job Opportunities
Elon Musk's company Tesla Inc. has now taken new steps towards the Indian market. As America's largest electric vehicle (EV) manufacturer, Tesla has decided to open its first showroom in Mumbai. This showroom will be located in Mumbai's Bandra Kurla Complex (BKC). Tesla will take up 4,000 square feet of space on the ground floor of a commercial tower, in which it will display and sell its car models. According to the information released, the monthly lease rent for this space will be around Rs 900 per square foot, which means a total of around Rs 35 lakh will have to be paid, and the lease agreement will be for five years.
Tesla has now decided not only to open an EV showroom; the company plans to open its stores in Delhi and Mumbai. According to reports, Tesla is planning to set up a second showroom in Delhi's Aerocity complex and has currently advertised 13 job vacancies in India. Tesla is not currently planning to set up a manufacturing unit in the country, but will import cars manufactured at its Gigafactory in Berlin-Brandenburg, Germany.
Also, Tesla is currently preparing to bring budget segment cars to India. According to the report, Tesla is also planning to launch the Model 3 as the cheapest car, which is sold for $29,990 (about 26 lakhs) in the US and which runs for 535 kilometers once fully charged. Since the prices of both the models in the global market are more than $44,000, the company has tried to bring these cars to India at a lower price.
Along with this, the Indian government has made a major reduction in import duty on electric vehicles in 2024. The central government has reduced import duty from 70% to 15% under a comprehensive EV policy. This duty exemption will be available on only 8,000 cars during the year. This move will help Indian manufacturers and importers in the face of increasing competition and will create new enthusiasm in the domestic market.
With these new steps by Tesla in India for jobs and stores, the company hopes to establish itself in the Indian market and provide high-quality electric car options to the country's consumers.

Article published | Sat | 01 Mar 2025 | 9:56 PM

Gold falls ₹479 to ₹85,114: Silver is being sold by ₹1,447 to ₹93,601 per kg, see gold price by carat

"28 February 2024: Gold and silver prices plunge; 24K gold hits ₹85,114/10 grams and silver hits ₹93,601/kg"

We are witnessing a steep decline in gold and silver prices today (February 28, Friday). According to the latest data from the India Bullion and Jewelers Association (IBJA), the price of 24 carat gold has fallen by ₹479 per 10 grams to ₹85,114. Yesterday (February 27), this price was ₹85,593. Gold prices had reached an all-time high of ₹86,733/10 grams on February 19, 2024, after which the continuous decline has continued.

Silver also in trouble: Silver prices also witnessed a sharp decline today. The price of 1 kg silver has fallen by ₹1,447 to ₹93,601. Yesterday, silver was trading at ₹95,048/kg. The historical high price of silver was ₹99,151/kg on October 23, 2023, after which its price has seen ups and downs.

Gold and silver performance in 2024: How much increase? Gold: Since January 1, 2024, the price of 24-carat gold has increased by ₹8,952 to ₹76,162 from ₹76,162 to ₹85,114/10 grams.

Silver: This year, silver has increased by ₹7,584 to ₹93,601/kg from ₹86,017.

2023 Custom: Gold rose by ₹12,810 last year (2023) to a record high.

Gold price by carat (10 grams): 24 carat: ₹85,114

22 carat: ₹77,964

18 carat: ₹63,836

Expert Analysis: "Gold will go up to ₹90,000/10 grams in 2024!" According to Ajay Kedia, Director, Kedia Advisory, the recent decline in gold is a "take profit" (capital withdrawal) strategy. He noted that:

Supporting factors: Expectations of interest rate cuts in the US and UK, geopolitical tensions (such as the Ukraine-Russia war, the Middle East conflict), and increased investment in gold ETFs.

Future outlook: Gold could reach ₹90,000/10 gm in 2024 due to economic uncertainty and investor demand.

Will silver follow suit? Silver prices tend to fluctuate more than gold, as they are driven by industrial demand (electronics, solar panels). However, silver prices have not stabilized after the historic high of ₹99,151/kg, but are expected to be more sustainable than gold in the long term.

Conclusion: Today's decline is a short-term correction, but according to market analysts, 2024 could be the year of gold! Investors are advised to increase their allocation to gold, considering geopolitical risks and inflation.

Note: The source may have a date error (possibly 2023) in reference to the historical high price of silver in October 2024.

Article published | Fri | 28 Feb 2025 | 9:51 PM

The government may bring a new pension scheme for all Indians, not just government employees, know what the benefits will be

Government's new Universal Pension Scheme: Unorganized sector workers will get social security base

Our central government has now prepared to bring a "Universal Pension Scheme" for all Indian citizens, especially unorganized sector workers (such as construction workers, domestic workers, daily wage earners, small traders, self-employed) and salaried employees. The main objective of this scheme is to guarantee a regular income to every person after retirement. Let's understand the details of this scheme and its differences from the existing schemes.

Key features of Universal Pension Scheme 1. Universal target: Any Indian above the age of 18 years (whether employed or self-employed) will be able to voluntarily join this scheme. In particular, people who are currently deprived of schemes like EPFO, NPS, will get the benefit.

2. Government support: Following a model like PMSYM, the government will match the monthly contribution amount of an individual (e.g., if you contribute ₹55, the government will also add ₹55). This will help convert small savings into a large pension.

3. Pension amount: Guaranteed minimum monthly pension of ₹3,000 to ₹5,000 after the age of 60. The amount can be higher depending on the contribution and the type of scheme.

4. Focus on unorganised sector: 94% of unorganised workers like construction labourers, domestic workers, street vendors, farmers, who are excluded from EPFO ​​or corporate pensions, will get protection for the first time.

Why is it different from existing schemes? Dimensions Universal Pension Scheme EPFO/NPS/APY Target group All Indians (organised + unorganised) Only organised sector or specific groups (e.g., farmers) Funding Government + individual contribution Mainly employee-employer-government triad model Voluntary Yes, anyone can join EPFO ​​is fake; NPS/APY voluntary Merger of schemes Will merge schemes like PMSYM, NPSTraders, APY Each scheme runs separately

Where will the funds come from? For construction workers: A portion of the ₹55,000 crore fund raised under the Building and Other Construction Workers (BoCW) Act will be used for pension. Government contribution: The government matches the contribution in schemes like PMSYM. This model will be extended in the new scheme as well.

Who will benefit? Unorganized workers: Daily wage earners earning ₹200500, who do not have any pension scheme. Self-employed: Auto rickshaw drivers, small shopkeepers, freelancers. Youth: People aged 18-40 years, who can secure their retirement by making regular contributions over a long period.

Challenges and questions Irregular income: It may be difficult for daily wage earners to pay monthly contributions. Lack of awareness: Lack of information about the scheme in rural areas. Cooperation of states: The central government will have to get resignations to merge the pension schemes of the states into this scheme.

What's ahead The labour ministry is currently preparing a draft of the scheme. Soon, it will work with the public-private sector (PPP) and NGOs to create a framework for the implementation of the scheme. To build public confidence, institutions like EPFO ​​may start a trial project.

Conclusion: This Universal Pension Scheme will open the door to social security for over 50 crore unorganised workers in India. If the government provides adequate funding, awareness and a unified platform, this scheme will bring about a significant revolution in the socio-economic structure of the country.

Article published | Thu | 27 Feb 2025 | 10:11 PM

Banks will be closed for 14 days in March: Except for 5 Sundays and 2 Saturdays, there will be no work at different locations for 7 days

Bank and Stock Market Holidays in March 2025: Complete Information and Instructions It is important to have information about the holidays before planning for banking and stock market related work in the coming month of March. Banks will be closed for 14 days in March 2025, while the stock market will be closed for 12 days. Let's know in detail:

1. Bank Holidays (Total 14 days): Sundays (5 days): 2, 9, 16, 23, and 30 March. Saturdays (2 days): Second and fourth Saturdays, i.e. 8 and 22 March. Festivals and State Holidays (7 days): Holi: 14 March (Friday). Eid-ul-Fitr: 31 March (Monday). Other State Holidays: Banks will remain closed for 5 more days due to local festivals or celebrations in various states (e.g., Durbar/District level holidays in Gujarat). Note: Holidays may vary from state to state. Confirm with your city bank branch.

2. Stock Market Holidays (Total 12 days): Weekends (10 days): 5 Saturdays: 1, 8, 15, 22, 29 March. 5 Sundays: 2, 9, 16, 23, 30 March. Festivals (2 days): Holi (14 March). Eid-ul-Fitr (31 March). Total non-registration days: 12.

3. Important Notices: 1. For banking work: Banks will remain completely closed on March 14 (Holi) and 31 (Eid). Complete necessary transactions, check payments, or loan-related work before these days. Check state holidays: For example, there may be a holiday like Gudi Padwa (March 30) in Gujarat. 2. For stock market: There will be no trading in the stock market on March 14 and 31. Make long-term investment plans keeping these days in mind.

4. Online services during holidays: Even when banks are closed, you can use the following facilities: Online banking: Fund transfer, bill payment, loan EMI. ATM: Cash back, balance check. Mobile apps: Levdev through UPI, Paytm, Google Pay. Suggestion: Contact the bank's customer care if you face any difficulties in online transactions.

5. Major festivals of March 2025: Holi (March 14): Festival of colors, special pomp in North India. Eid-ul-Fitr (March 31): Important festival of the Muslim community after Ramadan.

Conclusion: Do your financial planning keeping in mind the bank and stock market holidays in March 2025. If your work depends on our state holidays, check the local bank branch or government calendar. Work can be done easily even during holidays by taking advantage of online services!

Article published | Wed | 26 Feb 2025 | 10:30 PM

Adani-Ambani will invest 50 crores each in Assam: Investment in airport, road project and cement sector, Mukesh said – AI will mean Assam Intelligence

Adani and Reliance announce mega investment in Assam: 1 lakh crore project, Mukesh Ambani calls AI Assam Intelligence
At the Advantage Assam 2.0 Summit held in Guwahati on Tuesday, February 23, two of India's ambitious industrialists Gautam Adani and Mukesh Ambani announced historic investments for the development of Assam. Ambassadors from more than 60 countries, External Affairs Minister S. Jaishankar and Assam Chief Minister Himanta Biswa Sarma participated in this summit.

Adani Group: 50 thousand crore plan Adani Group Chairman Gautam Adani announced, "Today I am very proud that our group will invest Rs 50 thousand crore in Assam. This investment will be in airports, aero cities, road projects and cement sectors, which will give a boost to employment and infrastructure." Along with this, Adani also announced an investment plan of Rs 1.10 lakh crore in Madhya Pradesh on Monday. This amount will be used in mining, smart vehicles and thermal energy and 1.20 lakh people will get jobs by 2030.

Reliance's focus on tech and AI Reliance Industries Chairman Mukesh Ambani said, "In 2018, we invested Rs 5,000 crore in Assam, which has become Rs 12,000 crore today. Now we will invest Rs 50 thousand crore in the technology and digital sector in the next 5 years. The youth of Assam will be at the forefront of the AI ​​(Artificial Intelligence) revolution. For me, AI will mean Assam Intelligence!"

Summit's global impact PM Modi, while inaugurating the investment summit, said, "Assam is now becoming a part of not just India, but the world through the Act East Policy." Representatives from over 60 countries, including China, Japan, ASEAN countries, showed interest in the summit. Assam Chief Minister said, "So far, the state has received investment proposals worth Rs 1 lakh crore."

Employment and Infrastructure: New Hopes - Adani Group will develop Aero City and Smart Airports in Assam, which will boost tourism and connectivity. - Reliance's plans on 5G, digital solutions and AI will connect youth with global tech hubs. - Adani Group will also work on Smart City and Coal Bed Methane projects in Madhya Pradesh.

Conclusion: These mega investments in Assam and Madhya Pradesh will strengthen the Gujarat-Maharashtra side of the Asian Economic Corridor as India's "Dual Economic Engine". These announcements by Ambani and Adani create the potential for 15-20% growth in the states' GDP and 2 lakh+ new jobs for the youth.

Article published | Tue | 25 Feb 2025 | 10:23 PM

Sensex falls 856 points to close at 74,454: Nifty falls 242 points; IT and metal see biggest decline

The Indian stock market witnessed a decline on Monday (February 24). The Sensex fell 856 points to close at 74,454, while the Nifty fell 242 points to close at 22,553. Out of 30 Sensex stocks, 23 stocks declined and 7 stocks gained. Out of 50 Nifty stocks, 38 stocks declined and 12 stocks gained.

In the NSE sectoral index, the IT sector fell 2.71% and the Nifty Metal 2.17%, while the auto, FMCG and pharma sectors saw modest gains.

Decline in global markets Asian markets also saw a decline. Japan's Nikkei fell 0.26%, Korea's Kospi 0.62%, Hong Kong's Hang Seng 0.54% and China's Shanghai Composite Index fell 0.11%.

The US market was also in decline. The Dow Jones fell 1.69% to 43,428, the S&P 500 index fell 1.71% to 6,013 and the Nasdaq closed down 2.20% to 19,524.

FII and DII activities On February 21, foreign institutional investors (FIIs) sold shares worth Rs 3,449.15 crore, while domestic institutional investors (DIIs) bought shares worth Rs 2,884.61 crore.

Last week's results Last week (February 21) also saw a decline in the stock market. The Sensex fell 424 points to 75,311 and the Nifty closed 117 points lower at 22,795. Out of 30 Sensex stocks, 22 stocks declined and 8 stocks rose. Out of 50 Nifty stocks, 37 stocks declined and 13 stocks rose. The auto sector in the NSE sectoral index fell 2.58%.

Thus, a decline is being seen in both the global and domestic markets.

Article published | Mon | 24 Feb 2025 | 6:00 PM

Another threat from Trump poses a threat to pharma companies, predicts turmoil in the stock market

US President Donald Trump's tariff and business policies are causing concern around the world. In particular, his decisions in the pharmaceutical sector are likely to cause major losses to countries like India. Trump has advised pharma companies to set up manufacturing units in the US to avoid high tariffs. This decision could hurt Indian pharma companies, as India accounts for a large portion of pharma exports to the US.

Impact on Indian pharma sector - Impact on exports: India exported $27.9 billion worth of pharma to the US in 2023-24, which is 31% of India's total pharma exports. Trump's tariff policies could have a serious impact on these exports. - Demand for generic drugs: India meets more than 50% of the demand for generic drugs in the US. High tariffs could increase the price of these drugs, reducing the competitiveness of Indian companies. - Manufacturing Shift: If companies set up manufacturing units in the US as per Trump's advice, it could have a negative impact on employment and production in India.

Reaction of American pharma companies American pharma companies such as Pfizer, Eli Lilly and Merck have appealed to Trump to withdraw the policy of government intervention in drug prices. They claim that this policy can hinder the growth of the pharma industry and make drugs expensive. However, Trump has rejected this appeal and said that the cost of drugs in the US is higher than in other countries.

Impact on tariffs and prices If Trump imposes high tariffs, the cost of drugs exported from India will increase in the US. This may reduce the competitiveness of Indian pharma companies in the US market. According to analysts, this decision may increase inflation, as the US depends on India for the supply of drugs.

Concerns for Indian Pharma Companies Trump's policies have created uncertainty for Indian pharma companies. The shares of pharma companies may see volatility in the stock market, as Trump's policies and their implications are not clear. Indian companies are focusing on resolving this problem through bilateral discussions.

Conclusion Trump's tariffs and pharma policies may pose a major challenge to the Indian pharma industry. The pressure of high tariffs and manufacturing shifts may reduce the exports and profits of Indian companies. In this situation, the Indian government and pharma companies need to meet these challenges by negotiating with the US.

Article published | Sun | 23 Feb 2025 | 9:03 PM