The heavy rains reminded Delhiites of the previous incident in Rajendra Nagar where three students lost their lives due to waterlogging in a basement. Today’s rains were equally intense, with several areas facing severe waterlogging.
Tag: business news
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Spotify Introduces Limited-Time Offer For Users In India; Follow THESE 5 Simple Steps To Buy Premium Subscription
After three months, users will be charged Rs 119 per month for a Spotify Premium subscription.
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Gold-Silver Price: Big jump in the price of gold during Navratri, relief in silver, know what is today’s price
Gold-Silver Price Today: Buying gold during Navratri is considered very auspicious. But, for the last few days, gold prices have been continuously rising. According to GoodReturns website, the price of 24 carat gold rose by Rs 270 in early trade on Friday. Ten grams of gold was sold for Rs 60,760. At the same time, people have got relief in the price of silver. Today silver prices fell by about Rs 500. After this, the price of one kilogram of silver became Rs 74,100. The price of 22 carat gold also increased by Rs 250. Today 22 carat gold is being sold at Rs 55,700. The price of ten grams of 24 carat gold in Mumbai is Rs 60,760, equal to the prices of Kolkata and Hyderabad. Whereas, the price of ten grams of 24 carat gold is Rs 60,910 in Delhi, Rs 60,760 in Bengaluru and Rs 60,930 in Chennai. At the same time, the price of ten grams of 22 carat gold in Mumbai is Rs 55,700, equal to Kolkata and Hyderabad. Ten grams of 22 carat gold is being sold in Delhi at Rs 55,850, in Bengaluru at Rs 55,700 and in Chennai at Rs 55,850.
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Gold-Silver Price: Gold price increased during Navratri, still it is a better time to buy, know what is today’s price
Gold-Silver Price Today: Gold prices continue to rise during Navratri. According to the GoodReturns website, on Monday, gold became costlier by Re 1 per gram compared to the previous day’s similar rates. Therefore, one gram of 22-carat gold has become ₹5541. Whereas, eight grams will be available for ₹44,328, 10 grams and 100 grams will be available for ₹55,410 and ₹5,54,100 respectively. At the same time, to buy 24K gold, the price of one gram will be ₹ 6045, for eight grams ₹ 48,360, for 10 grams ₹ 60,450 and for 100 grams ₹ 6,04,500 will have to be paid. These gold prices to customers do not include GST, TCS and other levies. According to experts, as the war crisis in West Asia deepens, gold prices will rise. The reason for this is that even today gold is considered a safe investment (safe investment) are seen as. Meanwhile, GoodReturns data shows that the daily rate of silver is the same as yesterday. Therefore, today the price of one gram of silver is ₹74.10, the price of eight grams is ₹592.80, the price of 10 grams is ₹741, whereas, the price of 100 grams is ₹7410 and the price of one kg of silver is ₹74,100.
Gold price in other cities
City 22 carats (per 10 grams) 24 carats (per 10 grams)
Ahmedabad ₹55,450 ₹60,500
Bengaluru ₹55,410 ₹60,450
Hyderabad ₹55,410 ₹60,450
Kolkata ₹55,410 ₹60,450
Mumbai ₹55,410 ₹60,450
Chennai ₹55,560 ₹60,610
Delhi ₹55,560 ₹60,600
How to identify the purity of gold
The purity of gold can be determined on the basis of carat. BIS Hallmark has been started by the government to measure the purity of gold. In this, more carat means more pure gold. Gold is divided into 24K, 22K and 18K carat. 24K gold is considered to be the purest. There is no adulteration of any kind in it. 22K gold consists of two parts metals like silver, zinc, nickel and the remaining part is gold. Most jewelery is made in 22k gold only. At the same time, 75 percent of 18K gold is gold. The remaining 25 percent is made up of other metals.
How to check purity of gold
To check the purity of gold, karat value is shown on gold jewellery, which shows its purity. 24 carat gold is completely pure. Low karat gold may contain a mixture of other metals. Also, the substitutability value of gold can be determined using the Specific Gravity Tester. This instrument measures the ratio between the weight of the gold and the weight you provide, allowing you to check the purity. In most countries, gold jewelery has a stamp that lets you check its karat and purity. Additionally, you can purchase special gold testing kits, which include various testing tools to identify non-gold. If you have doubts about the purity of gold, you can seek advice from a local gold corporation or a certified jeweler.
How is the price of gold determined in India?
Many factors influence the price of gold in India. Here are some important factors that can affect the price of gold:
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international market rates: Import of gold in India mainly depends on the market rates of commercial markets such as London, New York, and China. Based on the activities happening in these markets, confident investors estimate the changes in the price of gold.
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USD/INR rate: Valuation of dollar in India is also an important factor to determine the price of gold in Indian Rupee. When the valuation of the dollar changes, the price of gold in India may be affected.
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gold supply: Supply of various gold accounts, jewellery, and markets can also impact the price of gold.
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demand for gold: Demand for gold in utility, jewellery, manufacturing industries and various industries can also affect its prices.
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Reserve Bank policies: Taken by Reserve Bank of India and Government. This may affect gold prices depending on the bank’s policies.
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foreign component: Factors around the world such as economies, affordability, politics, and foreign investment status can also affect gold prices.
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Income Tax Return: Your income tax return has not come, money may be stuck due to these reasons
Income Tax Return 2023 Income Tax Return: The Income Tax Department had fixed July 31 as the last date for filing income tax returns for employed people. Those who have filed their returns. Their money has started coming back. In this financial year, the department has given refund of Rs 1.50 lakh crore till October 9.
Income Tax Return Filing Income Tax ReturnHowever, according to the information given by the Income Tax Department, till now the returns of 35 lakh people are pending due to minor problems. Central Board of Direct Taxes (CBDT)CBDT) Chairman Nitin Gupta said that there is a minor error in the information given by the people filing ITR whose return is pending due to incorrect bank information.
Income Tax Return Income Tax Return: After paying income tax, it is necessary to do its e-verification. The Income Tax Department gives 120 days time for this work. A large number of people have filed income tax. But, its e-verification was not done.
Income Tax Return Income Tax Return: Income Tax Department is asking some questions from tax payers regarding returns. This information is being sought from them through e-mail or phone message. Those who are not answering the questions of the Income Tax Department. Their money is getting stuck.
income tax Income Tax Return: Due to lack of verification of bank account, one is also facing problems. Many people have put old details of their bank accounts in the returns. In this, either the information about their account is wrong or the IFSC code is wrong.
Income Tax. According to the Central Board of Direct Taxes (CBDT), 7.27 crore ITRs have been filed this year. At the same time, 7.5 crore income tax returns were filed in the financial year 2022-23. In such a situation, it is expected that more returns will be filed in the current financial year than the previous financial year.
income tax In the current financial year, till October 9, net direct tax collection has increased by 21.82 percent to Rs 9.57 lakh crore. The Finance Ministry gave this information. Net direct tax collections have increased mainly due to better contribution from companies and individual taxpayers. With this, the net collection has become 52.5 percent of the full year Budget Estimate (BE) of Rs 18.23 lakh crore.
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George Soros, who messed with PM Modi, is in bad shape, shops are closing all over the world, know the whole story.
who is george soros
George Soros is a prominent financial investor, financial conglomerate, and social activist. He was born in a Hungarian Jewish family and was born on 12 August 1930. George Soros is one of the biggest investors in the financial world and his name has maximum influence in the financial markets. The foundations and organizations run by him contribute to various social and political issues around the world. They are famous for their big presence in the financial markets and earning maximum money. He was the founder of “Quantum Fund”, through which he earned a lot of money. He has founded several international philanthropic organizations such as the “Soros Foundation”, which works in the fields of education, human rights, and social upliftment. He has founded “Open Society”, which aims to promote open society, governance, and human rights. Despite George Soros’s financial outlook, he often sought to time financial distributions during his financial career and gave the money to support social schemes.
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7th Pay Commission: Central employees will soon get a big gift, salary will increase so much after DA
What is dearness allowance?
dearness allowance (Dearness Allowance,DA) is an allowance that is paid to employees and pensioners on top of their basic salary. This allowance value changes at regular intervals according to the change in inflation rate during life. Dearness Allowance is applied by the Government of India in the salaries of scheduled workers, government employees, pensioners, and central government employees. This allowance is determined by the government from time to time and is not a fixed allowance, but changes by a percentage based on the inflation rate. When inflation increases, dearness allowance also increases, due to which employees get the benefit of fair salary. The main objective of Dearness Allowance is to keep the earnings of employees and pensioners up to date with inflation rates to help them lead a disciplined life and balance the rising costs of living. Dearness Allowance is an essential salary allowance for government sector employees in India which helps in their financial stability.
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Petrol-Diesel Price: Petrol-Diesel prices increased from Haryana to Bihar, what is today’s rate in your city?
Petrol-Diesel Price Today: After the start of Israel-Hamas war, crude oil prices went on fire. The effect of unrest in West Asia is being seen all over the world. However, there was a slight relief in the prices of crude oil at 6 am on Tuesday. WTI crude was being sold at $86.11 per barrel. Whereas, Brent crude was also trading at $ 87.93 per barrel. Meanwhile, Indian oil distribution companies released the prices of petrol and diesel at 6 am today. There has been no change in prices at the national level by oil companies. Whereas, changes in oil prices have been seen in Punjab, Haryana, Rajasthan, Uttar Pradesh and Bihar. Today there has been a relief of 48 paise in petrol prices in Punjab. Whereas, the rise in petrol prices continues in Rajasthan. Here today an increase of 6 paise has been seen in the prices of petrol. Apart from this, the prices of petrol and diesel in Uttar Pradesh have increased by 10 paise. However, in the capital Delhi, petrol is being sold at Rs 96.72 and diesel at Rs 89.62 per liter.
Petrol and diesel prices released in other cities
City Petrol (Rs/per litre) Diesel (Rs/per litre)
Mumbai 106.31 94.27
Kolkata 106.03 92.76
Chennai 102.74 94.34
Noida 96.59 89.76
Ghaziabad 96.58 89.75
Lucknow 96.44 89.62
Patna 107.74 94.51
Port Blair 84.10 79.74
Crude oil futures prices rise due to strong spot demand
Crude oil prices rose by Rs 241 to Rs 7,116 per barrel in futures trade on Monday as traders increased the size of their deals following strong spot demand. On the Multi Commodity Exchange, the contract of crude oil for delivery in October rose by Rs 241 or 3.51 percent to Rs 7,116 per barrel. It was traded for 10.131 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 2.90 percent to $ 85.19 per barrel, while the price of Brent crude showed a rise of 2.68 percent. Was trading at $86.85 per barrel. Despite the rise in crude oil prices, petrol and diesel prices are unlikely to increase due to the general elections next year. This was said in a report by Moody’s Investors Service. Three public sector fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have kept the prices of petrol and diesel stable for 18 consecutive months. These companies control about 90 percent of the market.
How to check the fuel rate of your city
To know the fuel rate of your city through message, BPCL customers will have to send the message RSP
to number 9224992249. To know the price, HPCL customers should message HPPRICE to 9222201122. Indian Oil customers can message RSP to number 9224992249. How are the prices of petrol and diesel decided in India?
Petrol and diesel prices in India are decided by the government and it is a dynamic process that depends on various factors. Here are some of the main factors that influence this process:
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International Market Prices: India does not have a reliable distribution network of petrol and diesel for the users. Therefore, despite the succession of prices of petrol and diesel in the world market, India is finally defined in quantity and distribution.
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Taxes and Duties: Taxes and duties imposed by various states and union territories are included in determining the prices of petrol and diesel. This is usually subject to change based on various updated decisions.
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Contribution of State Governments: State governments can also include their contribution to control the prices of petrol and diesel. They may impose various duties and taxes in their state.
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Demand for Currency and Supply of Petroleum Products: The balance between demand for petroleum products and their supply can also affect prices. If demand for products is high and supply is low, prices may increase. If demand for products is low and supply is high, prices may decrease.
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Export and Import Events: Various export and import events can also affect the prices of petrol and diesel.
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Israel War: Gold and silver prices will be affected from trade in India, know why traders are worried
Israel Hamas War: The impact of the ongoing war between Israel and Hamas in India is beginning to be seen on the Indian market and economy. The demand for gold and silver has increased in the physical market. Due to this, the premium on gold has increased rapidly. Due to this, the prices of gold and silver (Gold-Silver Price Hike) has also increased. It is being told that the premium on gold has increased by seven thousand rupees. Now the premium on 10 grams of gold has become Rs 2,000. Earlier the premium on 10 grams of gold was only Rs 1300. Due to high premium, bullion traders at many places have refused to sell gold. Whereas, the premium on silver has increased by one thousand rupees per kg. At present the premium on silver is Rs 3500. Earlier it used to cost only Rs 2500. Indian bullion traders are facing this problem at a time when the demand for gold has increased in the Indian market. Due to the festive and wedding season, there is a surge in demand every year from October to December. 700-800 tonnes of gold is consumed every year in India. But, out of this only 1 tonne is produced in India. The remaining gold in the country is imported from outside.
Insurance premium and shipping will also be affected
Experts believe that Indian exporters sending goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict. Hamas terrorists launched an unexpected attack on Israel on Saturday during a major Jewish holiday, worsening the situation there. International trade experts believe that the conflict may reduce the profits of domestic exporters, although it will not have any impact on the size of trade unless the situation worsens. Research institute Global Trade Research Initiative (GTRI) said on Sunday that the struggle for India’s merchandise exports could lead to an increase in insurance premiums and shipping costs. ECGC of India can charge higher risk premium from Indian companies exporting to Israel. ECGC Limited (formerly Export Credit Guarantee Corporation of India Limited) is wholly owned by the Government of India.
The situation will become serious due to port being affected
Mumbai-based exporter and founder president of Technocraft Industries India, Sharad Kumar Saraf, said that if the situation worsens, things could get worse for our exporters from that region. Whereas, GTRI co-founder Ajay Srivastava said that trade could be seriously affected if operations at Israel’s three largest ports, Haifa, Ashdod and Eilat, are disrupted. India-Israel trade in goods and services sectors is estimated to be US $ 12 billion in 2022-2023. Indian companies like Sun Pharma, Tata Consultancy Services, Wipro, Tech Mahindra, State Bank of India, Larsen & Toubro and Infosys have presence in Israel. Israeli companies have invested in renewable energy, real estate and water technologies in India. They are also setting up research and development centers and production units in India. Between April 2000 and June 2023, Israeli companies have invested US$286 million (FDI) in India.
Air India canceled Tel Aviv flights till October 14
Air India has canceled all flights to Tel Aviv, Israel till 14 October. 14 employees of the company have returned to India from Tel Aviv. After the attack by Hamas terrorists on Israel’s Tel Aviv on Saturday, a war-like situation has arisen there. A company official said that a total of 14 personnel including crew members have returned to New Delhi from Tel Aviv to Ethiopia flight. An airline spokesperson said that keeping in mind the safety of passengers and crew members, all flights to and from Tel Aviv have been canceled until October 14, 2023. According to Air India spokesperson, all possible support will be provided to the passengers who have booked tickets for this period. The airline operates five weekly flights to Tel Aviv. These flights are operated on Monday, Tuesday, Thursday, Saturday and Sunday. The airline had also canceled its flights to and from Tel Aviv on Saturday.