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- Business brief daily business news update, Gold Pries Crossed Rs 1 Lakh
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Yesterday’s big news was related to the price of gold. On Monday, there was an increase in the price of gold and silver. According to the India Bullion and Jewelers Association (IBJA), the price of 24 carat gold rose by Rs 1,914 to Rs 1,00,167 per 10 grams. Earlier, the price of gold was at Rs 98,253.
At the same time, the meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has started today i.e. on Monday, August 4. After this three -day meeting, on Wednesday, August 6, Governor Sanjay Malhotra will give information about the decisions taken at the meeting. RBI is expected to deduct 25 basis points (0.25%) in interest rates this time too.
Today’s headlines before tomorrow’s big news, which will be seen …
- The stock market may see a boom on Tuesday.
- The IPO of Highway Infrastructure Limited will open.
- Obane’s electric bike Rorr EZ will be launched.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. Gold then crossed ₹ 1 lakh: Silver is selling ₹ 1.12 lakh kg to ₹ 1.12 lakh kg, this year Gold is ₹ 24,005 expensive.
Gold and silver prices witnessed an increase on Monday (August 4). According to the India Bullion and Jewelers Association (IBJA), the price of 24 carat gold rose by Rs 1,914 to Rs 1,00,167 per 10 grams. Earlier, the price of gold was at Rs 98,253.
At the same time, the price of silver increased by Rs 2,254 to Rs 1,11,900 per kg. Earlier, silver was at Rs 1,09,646. On July 23, gold made Rs 1,00,533 and silver made Rs 1,15,850 all time high.
Read full news …
2. Loan- EMI can be cheap: Interest rate cut possible for the fourth time, RBI Monetary Policy Committee meeting started from today
The meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has started today i.e. on Monday, August 4. After this three -day meeting, on Wednesday, August 6, Governor Sanjay Malhotra will give information about the decisions taken at the meeting.
RBI is expected to deduct 25 basis points (0.25%) in interest rates this time too. Experts also believe that America’s tariff war and global uncertainty can affect GDP growth. In such a situation, RBI can make one last cut, so that growth can be supported.
Read full news …
3. Fighter jet making work came to a standstill: 3,200 employees on strike; 40% increment remedy contract, said- Give financial security
Around 3,200 employees of Boeing Company are on strike. These employees make and maintain fighter jets and other aviation equipment in Boeing. Work in factories has come to a standstill due to going on strike. Employees have done this strike due to lack of consent on labor contract.
Employees say that they create important aircraft and defense systems for security. They are entitled to an agreement that ensure economic security of their families and respect their expertise. The strike has started from Sunday night.
Read full news …
4. Tesla’s electric cars will now be able to buy from Delhi: The company’s second showroom will open in Aerocity’s Worldmark Complex on August 11
Electric vehicles of Tesla, the world’s richest businessman Ilyon Musk’s company, will now be able to buy from Delhi, as the company is going to open its second showroom in India on August 11.
According to the company’s official invitation, the new Tesla Experience Center, Aerocity Worldmark 3 Building will open. Earlier on July 15, the company opened its first showroom in India at Maxity Mall in Bandra-Kurla Complex in Mumbai.
Read full news …
5. Vivo Y400 SOURT Phone Launched in India, initial price ₹ 21,999: 32MP selfie camera with screen translation and Circle to Search AI features
Tech company Vivo has launched the new 5G smartphone Vivo Y400 in the Y series of its mid-range segment in the Indian market on Monday (August 4). The new phone is the light version of Vivo Y400 Pro, which has been introduced with Artificial Intelligence features. This includes features like AI Transcript Assist, AI Note Assist, AI documents, Circle to Search, Focus Mode and Screen Translations.
The phone has a 32MP portrait selfie camera. It has been introduced in two storage variants with 8GB of RAM. Its price has been kept at Rs 21,999. The Vivo Y400 sale will start in India from August 7 and can be purchased in olive green and glam white color. In the initial cell, there will be a discount of up to 10% on mobile through bank cards.
Read full news …
6. HCL-Tech’s Vijaykumar Indian IT industry’s most expensive CEO: ₹ 94.6 crore salary in 2024, it got 663 times more than average employee
HCL Tech CEO C. Vijaykumar is the highest salary head in the Indian IT industry. He received a salary of Rs 94.6 crore in FY 2024-25. At number two in the list is CEO Salil Parekh of Infosys, he received a package of ₹ 80.6 crore.
During this period, Mohit Joshi of Tech Mahindra got ₹ 53.9 crore, CEO Srin Pallaia got ₹ 53.6 crore from Wipro and Kriti Vasan of Tata Consultancy Services (TCS) got a package of ₹ 26.5 crore.
Read 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 …
