Category: Business

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Gold Price Change – Check 22K & 24K Latest Gold Rate Per 10 Gram

Gold Price Today In India:- For some time, there has been a continuous change in the prices of gold and silver. The prices of gold are seen increasing very rapidly. Apart from gold, the prices of silver are also seeing a jump. In such a situation, people who have a wedding in their house are tense about how to buy gold and silver.

The price of gold and silver. It has remained unchanged today. On Sunday, India is celebrating its 76th Republic Day on January 26. Since it is Sunday, the market remains closed.

On Friday, the price of 999-purity gold was Rs 80348 per 10 grams, Rs 80026 per 10 grams for 995-purity gold, Rs 73599 per 10 grams for 916-purity gold, Rs 60261 per 10 grams for 750-purity gold, and Rs 47004 per 10 grams for 585-purity gold. So, what is the price of gold in your city?

Gold price in Delhi

The price of 24-carat gold in Delh is Rs 82570 per 10 grams, compared to Rs 75700 for 22-carat gold.

Gold price in Kolkata

The price of 22-carat gold in Kolkata is Rs 75500 per 10 grams, while the price of 24-carat gold is Rs 82420 per 10 grams.

Gold price in Mumbai

The price of 22-carat gold in Mumbai is Rs 75500 per 10 grams, and that of 4-carat gold is Rs 82420 per 10 grams.

Gold price in Chennai

The price of 22-carat gold in Chennai is Rs 75700, and 24-carat gold is Rs 82420 per 10 grams.

Gold price in Jaipur

24-carat gold in Jaipur is Rs 82570 per 10 grams, while the cost of 22-carat gold is Rs 75700 per 10 grams.

Gold price in Chandigarh

The price of 24-carat gold in Chandigarh is Rs 82570, and 22-carat is Rs 75700 per 10 grams.

Gold price in Lucknow

24-carat gold in Lucknow is Rs 82570 per 10 grams. On the other hand, the cost of 22 carats is Rs 75700 per 10 grams.

Price of silver

Like gold, the price of silver is also increasing. The price has increased by Rs 1000 in a week. On January 26, the price of silver was Rs 97,500 per kg. Silver reached Rs 94,000 per kg on Friday in Delhi’s bullion market.

January 26, 2025 – 8:39 AM
Central government released UPS Gazette, employees will benefit ot not?

Big news for Pensioners. The Government of India has announced the Unified Pension Scheme just before Republic Day, and employee organizations are calling it a significant setback. Manjit Singh Patel, President of the National Mission for Old Pension Scheme India, remarked that the government has made a misstep ahead of the budget. Under the new scheme, Voluntary Retirement Scheme (VRS) will only be available after 25 years of service. Additionally, employees will have to wait until they reach 60 years of age to receive their pension. For instance, if someone retires at 45, they will face a 15-year wait for their pension.

Patel mentioned that employees who wish to revert to the old pension system can opt to be included in the Unified Pension Scheme. Choosing this option will guarantee them a pension. The National Pension System (NPS) will remain unchanged and continue as it has been.

The Unified Pension Scheme will apply only to those employees who have completed a minimum of 10 years of qualifying service. These employees will receive 50% of the average salary from their last 12 months as their pension, which will also include a dearness allowance. However, the employee contributions made under the NPS will be redirected to the government. In return for this contribution, the government will provide employees with a lump sum payment equivalent to one-tenth of their salary every six months.

Voluntary retirement kicks in after 25 years of service, but employees won’t see their pension until they hit superannuation. So, even after 25 years, they’ll have to wait until they’re 60 to start getting paid.

Here’s what the employees are asking for:

1. The government should lower the service requirement for pension eligibility to 20 years instead of 25, and allow voluntary retirement after 20 years, similar to NPS/OPS.

2. Pensions should start right after voluntary retirement, not just when they officially retire.

3. Instead of a one-time payout, employees should get their contributions back with interest.

January 26, 2025 – 8:21 AM
Chiranjeevi Super Senior Citizen FD: This bank offers interest up to 8.05%, know the details

Another great news for Senior Citizens of India. IDBI Bank has rolled out a fantastic scheme specifically for super senior citizens. This program allows them to enjoy a secure investment option with impressive returns of up to 8.05 percent. Those aged 80 and above can take advantage of IDBI Bank’s Chiranjeevi Super Senior Citizen Fixed Deposit Scheme, which offers an annual interest rate of 8.05% on fixed deposits lasting 555 days.

Check out the interest rates here:

1) For a 375-day deposit, the bank provides an interest rate of 7.90 percent.

2) For a 444-day deposit, the rate is 8 percent per annum.

3) For a 700-day fixed deposit, the interest rate is 7.85 percent per annum.

These rates are applicable only for the specified Utsav FD periods and became effective on January 13, 2025, according to the bank’s website.

Senior citizens are now receiving an interest rate that is 15 basis points lower across all tenures, except for the 300-day deposit, which maintains an interest rate of 7.55 percent. These new rates took effect on December 23, 2024.

For a 375-day tenure, senior citizens can earn an interest rate of 7.75 percent per annum, which is 15 basis points less than what is available for those over 80. On 444-day deposits, the interest rate for senior citizens is set at 7.85 percent per annum. For 555-day deposits, they receive 7.90 percent per annum, and for a 700-day tenure, the rate is 7.70 percent per annum.

In contrast, regular depositors are offered an interest rate that is an additional 50 basis points lower.

Desclaimer : For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.

January 26, 2025 – 8:08 AM
These Private Banks Offering Highest FD Interest Rates for Senior Citizens – Know How to Apply and More

Fixed deposits are a popular investment tool for those who prioritize the safety of their money. Senior citizens (aged 60 years and above) receive even more benefits. In FDs, senior citizens are offered an additional 0.25% to 0.50% interest compared to regular customers. If you are a senior citizen and looking to make a fixed deposit, there are many private banks currently offering attractive interest rates. Let’s explore some of these special offers to help you make an informed investment decision.

1. Bandhan Bank

Bandhan Bank offers an interest rate of up to 8.55% for senior citizens. You can avail of FD at 8.55% for 1 year, 7.75% for 3 years, and 6.60% for 5 years.

2. DCB Bank

DCB Bank is offering interest rates of up to 8.55% on FDs. The interest rates are 7.60% for 1 year, 8.05% for 3 years, and 7.90% for 5 years.

3. SBM Bank

SBM Bank provides a maximum interest rate of 8.75% for senior citizens. The interest rates are 7.55% for 1 year, 7.80% for 3 years, and 8.25% for 5 years.

4. RBL Bank

RBL Bank offers a maximum interest rate of 8.60%. For FDs with a tenure of 1 year and 3 years, the interest rate is 8.00%, while for 5 years, it is 7.60%.

5. IndusInd Bank

IndusInd Bank is offering an interest rate of 8.25% for senior citizens for 1-year FDs. For 3-year and 5-year FDs, the interest rate is 7.75%.

6. Yes Bank

Yes Bank offers a maximum interest rate of 8.25%. The interest rate is 7.75% for 1 year, and 8% for both 3-year and 5-year FDs.

7. Tamilnadu Mercantile Bank

Tamilnadu Mercantile Bank is offering FD with a maximum rate of 8.25%. It offers 7.50% interest for 1-year FD and 7% for 3-year and 5-year FDs.

8. IDFC First Bank

IDFC First Bank offers a maximum interest rate of 8.25%. For 1-year FDs, the interest rate is 7.00%, while for 3-year and 5-year FDs, the rates are 7.30% and 7.25%, respectively.

January 25, 2025 – 6:22 PM
LIC Launches Two New Special Insurance Plans for Youth – Complete Details Inside
The Life Insurance Corporation of India (LIC) has introduced two new insurance schemes aimed at the youth of the country. Young individuals can apply for these plans either online or offline. The plans include LIC Yuva Term (Plan 875) / Digi Term (Plan 876) and LIC Yuva Credit Life (Plan 877) / Digi Credit Life (Plan 878). This article highlights the key features and benefits of these special plans in detail.

LIC’s New Term Insurance Plans: Comprehensive Protection for Youth

The Life Insurance Corporation of India (LIC) has launched two new term insurance plans designed to safeguard families by covering various loan liabilities, including housing, education, and automobile loans.

LIC’s Yuva Term / Digi Term Plan

Plan Type:

This is a non-linked, individual, risk-covering life insurance plan that ensures financial security for the family of the insured in case of untimely death during the policy term.

Eligibility Criteria:
- Minimum Age at Entry: 18 years (last birthday)
- Maximum Age at Entry: 45 years (last birthday)
- Minimum Age of Maturity: 33 years (last birthday)
- Maximum Age of Maturity: 75 years (last birthday)
Sum Assured:
1. Minimum: ₹50 lakh
2. Maximum: ₹5 crore
Key Benefits:
- Special low premium rates for women.
- High-sum assured discount.
- Death benefit for regular/limited premium payments: The higher of 7 times the annual premium, 105% of total premiums paid till death, or the basic sum assured.
- Death benefit for single premium payment: The higher of 125% of the single premium or the basic sum assured.
LIC’s Yuva Credit Life / Digi Credit Life Plan

Plan Type:

This is a reducing term assurance plan, meaning the death benefit decreases over the policy term, aligning with reducing loan liabilities.

Eligibility Criteria:
- Minimum Age at Entry: 18 years (last birthday)
- Maximum Age at Entry: 45 years (last birthday)
- Minimum Age of Maturity: 23 years (last birthday)
- Maximum Age of Maturity: 75 years (last birthday)
Sum Assured:
1. Minimum: ₹50 lakh
2. Maximum: ₹5 crore
Key Benefits:
1. High-sum assured discount.
2. Special low premium rates for women.
3. Option to choose loan interest rates based on policyholder requirements.
Disclaimer: This information is based on 2024 data. Please check the official site for the latest updates. Times Bull will not be responsible for any financial investments made, as it is entirely your responsibility. It is advised to consult a financial advisor for better guidance.
January 25, 2025 – 5:53 PM
Airtel New Plans – Get 12Month Vailidity, Unlimited Calls & more for Only Rs 1959

Airtel Latest Plan: The recharge plans of private telecom companies Reliance Jio and Airtel are very popular. There is always tough competition between their plans. You will find many plans of the same price with Airtel and Reliance Jio.

If you are an Airtel customer looking for a valid plan, we have brought you one such recharge plan today. This recharge plan for Airtel is mainly for users who need unlimited calling. So, let’s take a look at Airtel’s plans:-

Airtel Rs 499 plan

This Airtel plan comes with a validity of 84 days. In this plan, users get unlimited calls to talk on all networks. It will benefit from free national roaming. Airtel is also offering 900 free SMS to users through this plan. However, an internet data facility is not available in Airtel’s plan. No data is provided to the users of this prepaid plan.

This Airtel plan is perfect for those who need unlimited calling and want to keep their number active at a low cost. In addition to calling and SMS benefits, the plan offers free Hellotunes for one month and an Apollo24|7 Circle subscription for three months at no additional cost.

Airtel Rs 1959 plan

Airtel has introduced an annual voice-only plan that is valid for 365 days. Customers can enjoy unlimited calling, free national roaming, and 3600 free SMS.

This plan includes three months of an Apollo24|7 Circle subscription and the ability to set up one Hellotune monthly for free.

January 25, 2025 – 5:53 PM
Bank Holiday: Will banks be closed for 2 days every week? Big decision in a few days

Big news for bank customers to bank workers. Following the approval of the 8th Pay Commission, conversations have begun about implementing a five-day workweek for banking staff. There is growing speculation that the Narendra Modi government may address this topic in the forthcoming budget.

Bank employees have long been advocating for a five-day workweek from the government. This issue has been a significant concern for millions of bank customers and employees alike: will the government grant banks two days off each week? If this change occurs, banks would need to extend their daily hours by an additional 40 minutes. Currently, banks operate on the first and third Saturdays, while the second and fourth Saturdays are non-working days.

Numerous discussions have taken place between the Bank Employees Association, the RBI, and government representatives regarding the shift to a five-day workweek. However, it remains uncertain whether this will be included in the budget announcement.

Reports indicate that the Central Government has not set any official timeline for this matter. It is still unclear when the proposal will receive formal approval from the Central Ministry. Nonetheless, many believe that an announcement regarding a five-day workweek for banks is unlikely to be made in the upcoming Union Budget.

January 25, 2025 – 5:39 PM
Post Office Schemes: Which Offers the Best Interest? Check Updated Interest Rates Now
Post Office Small Saving Schemes: Post Office schemes are a good investment option. The Post Office offers various types of investment schemes, but investors often wonder which one is the best to invest in. The interest rates for these schemes are updated every quarter. Yes, the rates are revised quarterly. The interest rates for the second quarter of the current financial year 2024-25, i.e., from July to September, were updated earlier. The rates for October to December will be announced by the end of September. If you are thinking about investing in a Post Office scheme, we will share the latest interest rates for all the schemes. This will help you choose the scheme with the best interest rate.

About Post Office Schemes

The Post Office offers a variety of investment schemes. You can invest in small savings options like Fixed Deposit, Recurring Deposit, Monthly Income Deposit, Senior Citizen Savings Scheme, Sukanya Samriddhi Yojana, National Savings Certificate, Kisan Vikas Patra, and Mahila Samman Saving Certificate. These schemes offer interest rates ranging from 6.7% to 8.2%. Besides high interest rates, these schemes provide several other benefits.

Post Office Savings Account

Just like a bank, you can open a savings account at the post office. Currently, the interest rate for savings accounts is 4% for the second quarter.

Post Office Fixed Deposit Scheme

The Post Office Fixed Deposit (FD) scheme offers high interest. There are four types of FD schemes:
- 6.9% interest for 1-year FD
- 7.5% interest for 5-year FD
- 7% interest for 2-year FD
- 7.1% interest for 3-year FD
Post Office Recurring Deposit Scheme

The Post Office Recurring Deposit (RD) scheme works similarly to a Mutual Fund SIP. It matures in 5 years, but you can extend the investment period by another 5 years. The current interest rate for this scheme is 6.7% for the July-September 2024 quarter.

Senior Citizen Savings Scheme

This scheme is specially designed for senior citizens. The interest rate for the current quarter is 8.2%. You can open an account with a minimum investment of Rs 1,000, and the maximum limit is Rs 30 lakh.

Post Office Monthly Income Scheme

The Post Office Monthly Income Scheme offers an interest rate of 7.4%. Interest is paid every month, but the interest income is taxable. Interest rates are revised every quarter.

National Savings Certificate (NSC)

The National Savings Certificate (NSC) scheme offers an interest rate of 7.7% for the July-September 2024 quarter. This scheme matures in 5 years and offers compound interest, i.e., interest on interest. Interest is paid only after maturity.

Public Provident Fund (PPF) Scheme

The Post Office PPF scheme offers an interest rate of 7.1% for the July-September quarter. Interest is calculated on a compound basis, and there is no tax on interest up to Rs 1.5 lakh in this scheme.

Kisan Vikas Patra (KVP)

The KVP scheme offers 7.5% interest for July-September 2024. The scheme matures in 115 months, and interest is calculated on a compound basis.

Mahila Samman Saving Certificate

This scheme is designed for women and offers 7.5% interest for the second quarter. Investment is allowed until March 31, 2025, and the scheme matures in 2 years.

Sukanya Samriddhi Yojana

The Sukanya Samriddhi Yojana is popular for securing the future of daughters. For the second quarter of the financial year 2024-25 (July to September), this scheme offers an interest rate of 8.2%. Tax benefits are also available with this scheme.
January 25, 2025 – 5:38 PM
Great news for entrepreneurs! Those who have defaulted can now enjoy a significant discount on GST interest and penalties

Good news for businessmen. The central and state governments continuously implement new initiatives to address the needs of traders. These programs are accessible to all traders engaged in business activities. Recently, the Uttar Pradesh government has launched a scheme that is deemed highly advantageous for traders.

This initiative, specifically designed for traders, offers significant benefits. It is important to note that only those traders registered with the GST department are eligible to participate in this scheme.

Alpana Verma, the Deputy Commissioner of Unit 4 in the Mathura unit of the Uttar Pradesh State Tax Department, highlighted the importance of this scheme for traders. She emphasized that the department is actively providing these benefits to the trading community.

According to Deputy Commissioner Alpana Verma, this initiative presents a valuable opportunity for traders to fulfill their payment obligations promptly. She explained that the Amnesty Scheme from the State Tax Department allows tax defaulters to receive exemptions from interest and penalties, thereby encouraging them to settle their outstanding dues.

Defaulters have an opportunity to pay with reduced penalties under this program. To benefit from this initiative, taxpayers need to access the GST portal. Additionally, it’s important to complete and submit any outstanding returns. To enjoy the advantages of this scheme, any cases currently in the judicial process must be withdrawn.

Deputy Commissioner Alpana Verma also mentioned that any funds paid under this scheme are non-refundable.

January 25, 2025 – 5:36 PM
PM Surya Ghar Free Electricity Scheme: Find out how you can access free electricity

Good news for the common people of India. The central government kicked off the ‘Pradhan Mantri Surya Ghar Muft Bijli Yojana’ in the interim budget for 2024, aiming to boost renewable energy across the nation. This initiative plans to set up solar panels on the rooftops of one crore homes, offering up to 300 units of free electricity each month. Thanks to its unique features, the scheme has been well-received throughout the country.

Key Highlights

Public Excitement – The response from the public has been incredible. So far, there have been 1.45 crore registrations and 26.26 lakh applications. By December 1, 2024, solar installations have already been completed in 6.5 lakh homes.

Tech Integration – The program is supported by strong IT systems, involving over 90 Discoms, banks, and other stakeholders to ensure smooth execution. Rising Vendor Numbers – There are currently about 9,000 vendors available to cater to the increasing demand for rooftop solar installations, and that number keeps growing. Job Creation – More than 40,000 individuals have been trained under this scheme to ensure top-notch installations and service.

In the coming eight months, an additional 200,000 technicians are set to receive training to boost scaling initiatives. As part of the program, over 50,000 Discom engineers have undergone specialized training for the inspection and commissioning of rooftop solar installations, enhancing both efficiency and quality control.

Key Features of the Program

1. Free Electricity: Households can enjoy up to 300 units of electricity at no cost each month.

2. Sustainability: This initiative encourages the use of renewable energy, helping to lessen reliance on fossil fuels and decrease greenhouse gas emissions.

3. Direct Benefits: Home electricity bills will be lowered, resulting in long-term savings.

Eligibility

1. This program is available to Indian citizens residing in both urban and rural settings.

2. Applicants must have rooftops that are suitable for solar panel installation.

3. Beneficiaries should have an average electricity consumption that aligns with the program guidelines (typically under 300 units per month).

4. According to government regulations, priority may be given to economically weaker sections (EWS) and low-income families.

January 25, 2025 – 5:35 PM
Subsidy Scheme: Wants to double your income? Then farmers should apply in this scheme by March 5

Good news for Indian farmers. Actually The Agriculture Department has given good news to the farmers. The Agriculture Department has introduced a new seed subsidy program aimed at gram crops. The goal of this initiative is to supply farmers with high-quality seeds, enabling them to boost their crop yields and enhance their financial stability. A total of 2307 quintals of seeds will be available for farmers growing maize, moong, urad, peanuts, and sunflower.

Farmers must submit their applications by March 5

An official from the Agriculture Department mentioned that the application process for seed distribution has commenced this year, and farmers need to apply by March 5 to take advantage of this program. This initiative not only ensures the quality of seeds but also offers financial support to help alleviate the farmers’ financial burdens and improve their quality of life. The department has specifically selected these crops for seed distribution, as they are expected to be particularly beneficial for farmers.

Options for offline and online applications are available. The Agriculture Department plans to conduct awareness campaigns in local agricultural offices and panchayats to share more details about this program. Additionally, both offline and online application methods have been made available to ensure that farmers can easily navigate the application process. Department officials encourage farmers to apply promptly to guarantee timely seed distribution.

The government is implementing this program to enhance the profitability of farmers and boost their production capabilities. The goal is to foster prosperity and self-sufficiency within the agricultural sector. It is anticipated that farmers in the district will reap numerous advantages from this initiative.

January 25, 2025 – 5:33 PM
Post Office Launches New Scheme: Double Your Money with Just Rs 1,000 Investment—Full Details Inside
There are many investment options available today, but most come with some risk. For those seeking 100% security and guaranteed returns, the Kisan Vikas Patra (KVP) scheme from the post office is an ideal choice. This scheme guarantees to double your money in 115 months (9 years and 7 months).

Features of the Scheme

1. Assured Returns:

The KVP scheme currently offers 7.5% annual interest. With this rate, your investment will double in 115 months (9 years and 7 months).

2. Minimum and Maximum Investment:

You can start investing in this scheme from just ₹1,000, with no maximum investment limit. This flexibility makes it suitable for both small and large investors.

3. Documents and Eligibility:

To open an account in the KVP scheme, you will need the following documents:
- Aadhaar card
- Age certificate
- Passport-size photo
- KVP application form
Any adult person, whether as a single account holder or a joint account, can open an account. Children above 10 years of age are also eligible to open an account in their name. However, NRIs are not eligible for this scheme.

Premature Withdrawal Facility:

If you need to access your money before the investment period ends, you can withdraw it after 2 years and 6 months. Premature withdrawal is allowed in special cases, such as the account holder’s death or a court order.

Why Choose KVP?

100% Government Guarantee:

Your money is risk-free with this government-backed scheme.

Long-Term Benefits:

This scheme guarantees double returns to investors in a fixed period.

Simple Process:

Opening and managing a KVP account is straightforward.

The Kisan Vikas Patra scheme from the post office is a great option for those seeking safe and stable returns. It’s perfect for individuals who wish to grow their money securely. If you are looking for a safe investment, Kisan Vikas Patra could be a priority for you.

Steps to Apply for Kisan Vikas Patra Online
1. Log in: Access your bank’s internet banking or app (if it supports KVP).
2. Go to Investments: Select “Small Savings Schemes” and choose Kisan Vikas Patra.
3. Fill Details: Enter personal information, Aadhaar, PAN (if needed), and the investment amount (minimum ₹1,000).
4. Upload Documents: Submit an Aadhaar, a photo, and age proof (if required).
5. Add Nominee: Enter nominee details like name and relationship.
6. Make Payment: Complete the transaction online.
7. Get Certificate: Download the KVP certificate from your email or the portal.
8. Track Investment: Monitor it under “Small Savings Schemes.”
January 25, 2025 – 5:24 PM