Silver prices keep fluctuating. Sometimes this price doubles in 4 years, and sometimes it increases by Rs 10,000 in a single day. In such a situation, it will be interesting to see how much time it takes for silver to reach Rs 2 lakh and what milestones come during this period.
IRCTC has launched a new rail tour package for the darshan of Mata Vaishno Devi, which will depart from Mumbai every Sunday. This package includes 3AC train fare, 2 nights hotel in Katra, breakfast, dinner, travel insurance and GST. Fares start from ₹18,050 for single occupancy. This package is affordable for those travelers who want to travel comfortably at low cost.
Gensol Engineering's shares have fallen by 98 percent. The share which was once worth Rs 2400 has come down to Rs 28 today. Promoters Anmol and Puneet Singh Jaggi have been accused of fraud. SEBI found that the company's funds were misused, which led to loan default. Jaggi brothers are banned and IREDA can take bankruptcy action.
The IPO of ICICI Prudential AMC is open for subscription. Jagran Business Editor Skanda Vivek Dhar spoke to Chintan Haria. The company does not need money for business growth. Prudential Corp is selling some of its stake through this IPO. The company is at around 40 PE as per FY25 earnings. The market share of the company remains around 13.
There is good news for railway employees. Railways is preparing to increase the salary even before the implementation of the 8th Pay Commission. To strengthen its finances, Railways is focusing on expenditure-cutting and increasing earnings. The 8th Pay Commission was constituted in January 2025 and its report is expected before January 2026. Keeping in view the experience of 7th Pay Commission, Railways is already preparing.
India's biggest billionaire Mukesh Ambani was born on April 19, 1957 in Yemen, where more than 99% of the population is Muslim. In 1958, his family returned to India. Mukesh started helping his father in running Reliance Industries in 1981. According to Forbes, Mukesh Ambani's net worth is $111.4B, and Reliance Industries' market cap is Rs 2105719.80 crore.
Mexico's richest man is Carlos Slim Helu, whose family controls América Móvil. His net worth is $103.7 billion. He bought a stake in Mexico's only phone company, Telmex, in 1990, now part of América Móvil. Helu also has stakes in Mexican construction, consumer goods, mining and real estate companies. He owns 76 shares of Grupo Carso.
The prices of gold and silver rose as soon as the market opened on Monday. On Multi Commodity Exchange MCX, gold rose by 1.18 percent to Rs 1,35,200 per 10 grams. Silver is trading 2.10 percent higher at Rs 1,96,892 per kg. On Friday, silver had touched the level of Rs 2,01,000 per kg. The rise in prices has increased curiosity in the market.
Vodafone Idea Vi is expected to get big relief from the government. Vi has AGR outstanding of more than ₹83,000 crore, to repay which the government can give the company an interest-free extension of four to five years. This will provide relief to Vi which is suffering from cash crunch. After reassessment of liabilities, this amount may reduce to almost half.
Today on Monday, listing of two IPOs took place, which include Corona Remedies and Wakefit Innovations. Wakefit's IPO disappointed investors, while Corona Remedies gave good returns to investors. The IPO of Corona Remedies made investors rich. This news is still being updated as to which IPO was listed at what price.
While giving a gift to the customers, a government bank has reduced the loan interest rates, due to which it has become cheaper to take the loan. However, the bank has also reduced the interest rates on fixed deposit FD, which has shocked investors.
There has been a huge fall in the prices of silver, which after crossing ₹ 2 lakh, became cheaper by ₹ 8800 in one stroke. The main reason for this decline is the sudden change in the market and the reaction of investors. Experts believe that this instability may persist for some time, so investors are advised to remain cautious. It is important to keep an eye on market trends.
Jaiprakash Associates Limited has issued Letter of Confirmation in place of duplicate share certificate to those who have lost their share certificates. The company has given this information to the stock exchange. Old paper shares will now be considered cancelled. Shares can be sold through new digital documents. Adani Group is trying to acquire Jaypee Associates and has submitted a resolution plan of ₹15,000 crore to NCLT for the bankrupt Jayaprakash Associates.
After the IndiGo crisis, air travel has become expensive, fares on domestic and foreign routes have increased manifold. Despite fare limits set by the government, prices on international routes are increasing due to reduced capacity. Delhi-Dubai fares have increased three times, while Maldives fares have reached Rs 1 lakh. Fares have also increased on other international routes.
Income tax refund getting delayed? This may happen due to the changes in the rules this year. If you want your ITR refund immediately, there are some corrections that need to be made. According to the new rules, the information given by you should be correct and all the documents should be submitted properly. With these simple fixes you can get your refund faster.
Mutual funds have become the favorite investment option of investors today. Most people choose SIP to invest in it. Today we will understand with the help of SIP calculation how long will it take for a SIP of Rs 5000 every month to generate a fund of Rs 20 lakh?
On Wednesday, shares of Anil Ambani group companies fell by 5%. Shares of Reliance Power and Reliance Infra fell by about 5 each. CBI registered a case against Reliance Home Finance and Reliance Commercial Finance on the complaint of two banks, in which there is also a case against Anil Ambani's son. Its effect was visible on two companies of Reliance Group.
Dubai real estate company Danube Properties launched the commercial project 'Shahrukhz by Danube' in the name of Shahrukh Khan and sold all the units on the very first day. The company expects to earn more than Rs 5,000 crore from this project. This project is expected to be completed by 2029. Company owner Rizwan Sajan also hinted at introducing 'Shahrukhz by Danube 2.0'.
The Income Tax Department has identified undisclosed income of Rs 888.82 crore in the form of virtual digital assets and the CBDT has sent 44,507 letters to these identified taxpayers warning them to disclose such income in their income tax returns.
Companies often take loans to expand their business, but some are unable to repay the loan. Of the 10 companies with the highest debt in the world, 5 are from China. America's Fannie Mae has the highest debt of $4.210 trillion, which is equal to India's GDP. Reliance Industries has the highest debt in India.