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- Business News Update; Share Market, Gold Silver, Petrol Diesel, Spicejet
New Delhi1 hour ago
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Yesterday’s big news was related to SpiceJet. Airline SpiceJet, which is struggling with financial crisis and legal matters, has not deposited money in the provident fund of its employees for the last 2.5 years. Whereas 10 grams of 24 carat gold increased by Rs 270 to reach Rs 72,910. One kg of silver has increased by Rs 591 and is being sold at Rs 91,300.
Before tomorrow’s big news, today’s major events to keep an eye on…
- There may be a rise in the stock market today on Tuesday.
- Redmi-13 5G smartphone will be launched in the Indian market.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. SpiceJet has not deposited the PF of its employees for 2.5 years: Last deposited the PF of 11,581 employees in January-22, the airline is facing financial crisis.
Airline SpiceJet, which is struggling with financial crisis and legal matters, has not deposited money in the provident fund of its employees for the last 2.5 years. Employees Provident Fund Organization (EPFO) has given this information to CNBC.
EPFO said that SpiceJet had last deposited money in the PF accounts of 11,581 employees in January 2022. EPFO said that notice and summons have been sent to the airline for this. The airline is currently battling several legal matters.
Click here to read the full news…
2. Rise in the prices of gold and silver: Gold reached Rs 73 thousand, silver rose by Rs 591 and was being sold at Rs 91,300.
Gold and silver prices rose on July 8. According to the website of India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold increased by Rs 270 to Rs 72,910. Earlier the price of gold was Rs 72,640 per ten grams.
At the same time, one kg silver has increased by Rs 591 and is being sold at Rs 91,300. Earlier, silver was at Rs 90,709 per kg. This year, silver had reached its all-time high of Rs 94,280 per share on May 29.
Click here to read the full news…
3. New GTX variants of Kia Seltos and Sonet launched: ADAS safety features with new color in both SUVs, competition with Tata Nexon and Hyundai Creta.
Kia India has launched new mid-spec GTX variants of its popular SUVs Seltos and Sonet. Along with this, Kia has also added a new color option Aurora Black Pearl in both the SUVs.
This GTX trim in the Kia Seltos will fall between the HTX+ and GTX+(S) variants. Whereas Sonet is the variant between GTX, HTX+ and GTX+. Both new trims are offered only with automatic gearbox. After the update, Kia Seltos now has 21 variants and Sonet has 22 variants.
Click here to read the full news…
4. ‘CMF Phone-1’ launched in India at a price of ₹ 15,999: The smartphone has the company’s own processor, 6.67-inch Super AMOLED display and 50MP camera.
UK based company Nothing has launched a new smartphone ‘CMF Phone 1’ in the budget segment. The smartphone has a 6.67 inch Super AMOLED display with 120Hz refresh rate, 50 megapixel camera and 5W reverse charging support.
Nothing has given the company’s own processor Nothing OS in this phone. Although it is based on Android 14. This smartphone has been launched with three colors and two storage options. Its starting price in India is Rs 15,999.
Click here to read the full news…
Now read the news of your financial needs…
Right now the stock market is at all-time high, hence shares are expensive: Increase investment gradually after correction in largecap, understand what should be the investment strategy now.
After getting caught in the dilemma of exit polls and actual results, the market has become stable and is slowly moving forward creating new records. Nifty has increased by more than 10% compared to its low on June 4, the day of election results.
The market is consolidating at current levels with an optimistic outlook. Due to high valuation of shares, the market can fall at any time. However, the possibility of FII selling is very less at present. Many important trends are visible in the market right now, which can be the basis of a good investment strategy.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow’s share market and gold and silver…
Know the latest price of petrol, diesel and gas cylinder…