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Yesterday’s big news was related to the price of gold. Gold prices may rise in the next one year. According to a report by American financial service firm Citibank, by mid-2025, the price of gold may reach $3000 (Rs 2.5 lakh) per ounce i.e. Rs 88,450 per 10 grams.
At the same time, the last date for filing ITR is 31 July 2024. According to the Income Tax Department, 13 lakh returns are being filed every day. As of July 14, about 2.7 crore ITRs have been filed, which is 13% more than the returns filed during the same period last year.
Before tomorrow’s big news, today’s major events, which will be in focus…
- The stock market may see a rise today on Thursday (18 July).
- There has been no change in the prices of petrol and diesel.
Now read yesterday’s big news…
1. Gold can go up to ₹ 88,450 in a year: Investing in Gold ETF can give you benefits, know the special things related to it
Gold prices may rise in the next one year. According to a report by American financial service firm Citibank, by mid-2025, the price of gold may reach $3000 (Rs 2.5 lakh) per ounce i.e. Rs 88,450 per 10 grams. This is 23% more than the current price of gold of Rs 73,339 per 10 grams.
According to this report, due to reasons like weakness in the US labor market and recession, the US Central Bank Federal Reserve may reduce interest rates. This may increase the price of gold and silver by the end of the year. In such a situation, investing in gold at this time can benefit you.
Click here to read the full news…
2. Last date for filing ITR is 31st July: After the deadline, there will be a penalty of up to ₹5000, currently 13 lakh returns are being filed every day
The last date for filing ITR is 31 July 2024. According to the Income Tax Department, 13 lakh returns are being filed every day. As of July 14, about 2.7 crore ITRs have been filed, which is 13% more than the returns filed during the same period last year.
The milestone of one crore ITRs for the financial year 2023-24 was reached on June 23. At the same time, the milestone of 2 crores was crossed on July 7. Comparing it with last year, in the financial year 2022-23, one crore ITRs were filed till June 26 and 2 crore ITRs were filed till July 11.
Click here to read the full news…
3. Air India announced 2200 vacancies, 25 thousand candidates arrived: Stampede-like situation occurred at Mumbai airport, interviews were for the post of loader
On Tuesday (16 July) more than 25 thousand candidates reached for interview for 2,216 vacancies of airport loader in Mumbai. This created a stampede like situation at Mumbai airport. Air India employees had to work hard to control the crowd.
Many photos and videos of candidates who reached for the job have also surfaced, in which a huge crowd of youth is seen. Candidates are seen jostling to reach the form counter. According to reports, applicants had to wait for hours without food and water. In such a situation, many started feeling unwell.
Click here to read the full news…
4. Bank of Baroda launches ‘Monsoon Dhamaka’ deposit scheme: Invest for 333 and 399 days, get interest up to 7.75% per annum
Bank of Baroda (BoB) has launched two new deposit schemes named ‘Monsoon Dhamaka’. Under this scheme, 7.15% annual interest will be given on FD for 333 days. Senior citizens will be given interest at the rate of 7.65% per annum. 7.25% annual interest will be given on FD for 399 days. Senior citizens will be given interest at the rate of 7.75% per annum.
Click here to read the full news…
5. Royal Enfield Guerilla 450 launched at a starting price of ₹2.39 lakh: Roadster bike with advanced features like Google Maps integration, competes with Triumph Speed 400
Royal Enfield on Thursday launched the new roadster bike Guerilla 450. In an event held in Barcelona, Spain, the company has introduced it for the European market including India. The bike is equipped with features like smartphone connectivity, Google Maps integration and 4-inch TFT display with media control. Royal Enfield Guerilla 450 has been introduced with three variants and five color options.
The starting ex-showroom price of the Guerilla 450 in India has been kept at Rs 2.39 lakh, which goes up to Rs 2.54 lakh (ex-showroom) in the top variant. This roadster bike will be available for sale in Indian showrooms from August 1. After this, it will be sold in Europe in mid-August. In India, it will compete with the Triumph 400, Husqvarna Svartpilen 401 and Honda CB300R.
Click here to read the full news…
6. Samsung Galaxy M35 smartphone launched at a starting price of ₹16,999: It has 50MP camera, 6.6 inch Super AMOLED display and 6000mAh battery
South Korean electronics manufacturer Samsung on Wednesday launched its 5G smartphone Galaxy M35 5G in the Indian market. The smartphone comes with 8GB RAM and two storage options, with a starting price of Rs 16,999.
The smartphone has a 6.6-inch rectangular Super AMOLED display. This phone has a 6000 mAh battery. The company claims that once fully charged, it provides up to 2 days of backup.
Click here to read the full news…
Now read the news about your financial needs…
SEBI will bring a new investment product: Minimum investment of ₹ 10 lakh will be required, there will be more risk in this
Market regulator SEBI is coming up with a new market product. This product will be between mutual funds and portfolio management services (PMS). It is being brought for those investors who can invest more and can also take risks.
Investments in this product can be made between Rs 10 lakh and Rs 50 lakh. SEBI wants retail investors to stay away from this product. SEBI Chairperson Madhabi Puri Buch had proposed this idea in a program in December last year.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
The market was closed yesterday, so find out the status of Tuesday’s stock market and gold-silver…
Know the latest price of petrol, diesel and gas cylinder…
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