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Yesterday’s big news was related to gold. The price of gold reached all time high. The price of 10 grams 24 carat gold rose ₹ 326 to ₹ 88,680. At the same time, the central government extended the incentive scheme for one year to promote UPI.
Today’s headlines before tomorrow’s big news, which will be seen …
- The stock market may see a boom today.
- The IPO of Erisinfra Solutions will open.
- Oppo F29 smartphone series will be launched.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. Gold created an allotime high of ₹ 88,680: Silver fell ₹ 432 to ₹ 99,968 kg, gold can go up to ₹ 92 thousand
The price of gold reached all time high on 19 March. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams 24 carat gold increased by ₹ 326 to ₹ 88,680. However, after this it came down slightly and closed at ₹ 88,649. Earlier on Tuesday, the price of gold was ₹ 88,354.
At the same time, one kilo of silver today closed ₹ 432 cheap and closed at ₹ 99,968 per kg. Earlier yesterday, the price of silver was ₹ 1,00,400 per kg, which is also its all time high. According to Ajay Kedia, director of Kedia Advisory, gold can go up to ₹ 92 thousand this year.
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2. UPI incentive scheme increased for one year: The shopkeeper will get ₹ 3 at a transaction of 2 thousand rupees; Government will spend 1500 crores
The central government on Wednesday extended the incentive scheme for one year to promote the Unified Payment Interface (UPI). This scheme will continue till 31 March 2026 and it will cost around Rs 1,500 crore.
This decision was taken in the Union Cabinet. Union Minister Ashwini Vaishnav said that in this scheme, small shopkeepers will get 0.15% incentives for transacting Person to Merchant (P2M) up to Rs 2,000 through RuPay Debit Card and BHIM-UPI.
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3. Vodafone Idea shares climbed 8%: VI launched 5G services in Mumbai, Company Talking to Starlink for SATCOM Partnership
Telecom company Vodafone Idea Limited i.e. VI shares saw a rise of 8% on March 19 (Wednesday). The company’s stock rose by 8.59% to Day High to Rs 7.71. However, VI’s stock rose 5.07% to close at Rs 7.46 when trading was closed. This boom in the company’s shares came after the announcement of VI’s launch of 5G services in Mumbai.
Apart from this, VI also stated that she is also talking to Elon Musk’s company Starlink and Amazon’s Kuper for the Saatcom partnership in India. The company said in the exchange filing that this 5G rollout will give customers a better mobile experience at large scale network coverage and low prices.
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4. Physics will bring an IPO of ₹ 4,600 crore: Edtech company files DRHP with SEBI, ₹ 32,000 crore can be valuable
Domestic Aidtech Company Physicswaiwala (PW) has pre-filled its draft Red Herring Prospects (DRHP) for the Security Market Regulator SEBI for Initial Public Offering i.e. IPO.
The Edtech firm wants to raise Rs 4,600 crore through this IPO. This IPO will have a new issue and offer for sale (offs) of existing investors. According to Traxon’s latest data, the current valuation of PW is around ₹ 32,000 crore.
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5. Ola’s showrooms again raided: Maharashtra RTO officials sent notices to 10 stores; 65% dropped from all time high
Electric two wheeler maker Ola Electric Mobility showrooms have been raided again. On Tuesday, four RTO office officials raided more than 10 showrooms in Mumbai.
All these showrooms did not get the necessary trade certificate. According to an official of the Maharashtra Motor Vehicle Department, four RTOs from Mumbai (Central, West, East and Borivali) have sent notice to these stores. 10 Ola electric scooters have also been seized during the action.
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Now read the news of your need …
Silver crossed ₹ 1 lakh rupees: This year you can go up to ₹ 1 lakh 8 thousand, you can invest in it through ETF
Gold and silver prices are making new records daily due to frequent purchases of stockists and retailers amidst strong trend abroad. On Tuesday, silver got expensive by Rs 633 and reached a record level of Rs 1,00,400 per kg for the first time.
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 gas cylinders …
