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Yesterday’s big news was related to gold and silver. Gold and silver prices reached all time high on 9 September. According to India Bullion and Jewelers Association (IBJA), gold rose by Rs 1,438 to Rs 1,09,475 per 10 grams. Earlier, gold was at Rs 1,08,037.
At the same time, before the new GST rates being implemented from 22 September, the government has allowed companies to change the maximum retail prize (MRP) of their old remaining goods (unusual stock).
Today’s headlines before tomorrow’s big news, which will be seen …
- Tomorrow the stock market may see a boom.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. Products like biscuits-toothpastes from 22 September will be able to get cheap: The government allowed companies to replace the old stock MRP; Impact of GST 2.0
Prior to the new GST rates that are implemented from 22 September, the government has allowed companies to change the maximum retail prize (MRP) of their old remaining goods (unusual stock). Manufacturers, packers and importers will now be able to put new prices on old stock with stamps, stickers or online printing.
The Consumer Affair Department of India issued an order on Tuesday stating that the permission would remain in force till 31 December 2025 or till the old stock is over. With new prices, companies will need to see old MRP.
Click here to read the full news …
2. Gold at the alltime high, increased ₹ 1438 to ₹ 1.09 lakh/10 grams: price increased ₹ 33,000 this year; Silver ₹ 1.25 lakh kg is being sold
Gold and silver prices reached all time high on 9 September. According to the India Bullion and Jewelers Association (IBJA), gold rose by Rs 1,438 to Rs 1,09,475 per 10 grams today. Earlier, gold was at Rs 1,08,037. At the same time, silver has increased by Rs 357 to Rs 1,24,770 per kg. Earlier, its price was Rs 1,24,413.
Click here to read the full news …
3. Trial of electric motor without rare meaning in India: Preparation to reduce dependence on China; 70% of the world’s rare meaning near Material China
Indian companies are now testing a motorless motor to deal with China’s growing control and export restrictions on the rare meaning metal used in making motors for electric vehicles (EV).
According to the Economic Times report, Indian companies such as photonic solutions and Sterling GTK e-domination in Faridabad’s 3,500 square feet lab have started tests of magnet-free motor.
Click here to read the full news …
4. Jane Street Share Market Manipulation Case: SAT asked SEBI to reply in three weeks, the firm had filed a petition against the ban on trading
The Securities Appellate Tribunal (SAT) has asked the Securities and Exchange Board of India (SEBI) to file a reply to the appeal of the US trading firm Jane Street Investments within three weeks.
Two months ago, SEBI banned Jane Street from the stock market accusing Jane Street of manipulating the market and earning an illegal profit of Rs 4,844 crore.
Click here to read the full news …
5. Infosys can bring a buyback of ₹ 13,560 crore: It will be discussed in the September 11 board meeting, know what will be the impact on investors.
IT sector company Infosys may soon decide to buy buybacks back. The company will consider the proposal of share buyback in the board’s meeting to be held on September 11.
This will be the company’s first and fifth share buyback since 2022 and the listing in 1993.
Click here to read the full news …
Tomorrow, see who should be the top-10 richest in the world…
Know the condition of tomorrow’s stock market and gold and silver …
Know the latest price of petrol-diesel and domestic gas cylinders …
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