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Financial Updates- 29 March 25
As markets came close yesterday, here is the *performance returns* of various assets in FY 24-25.Gold gave 38% returns
Silver gave 38% returns
Bitcoin gave 20% returns
Sensex gave 5.1% returns
In International market, Silver outperformed Gold with returns of 43% and Gold gave returns of 40%.
After two days of fall, Rupee recovered strongly against Dollar to close at 85.5 and overall in March ₹ improved by 2.5% and this makes it best in month in over last 7 yrs
No change in Small savings schemes interest rates which includes PPF/DSOP , Sukanya Samriddhi etc for qtr 01 Apr- 30 June.
Sukanya Samriddhi scheme remains at 8.2% and PPF/DSOP remains at 7.1%
Gold has broken records once again and is now Trading at 92250. International Gold rate crossed $3100 per ounce.
Next tgt for Gold in India is Rs 94100.
Silver regained the 105100 levels .
Delhi High court has declared that , Hotels cannot enforce Service Charge as same is “Unfair practice” and is against consumer rights.
Travel from New Delhi Airports are going to get costly as UDF for International passenger is set to increase upto ₹ 650-250 .
India has pipped South Korea to become World’s 4th largest Auto manufacturer. China, US and Japan remains other three ahead of India.
HAL gets it biggest ever Govt order for 156 Prachand Copters worth ₹62700 cr.
Govt has approved ₹23000 cr program to strengthen Electronic Manufacturing supply chain.
Selection of option for Old scheme is now active and applicable on PCDA website for FY 25-26. By default all are part of New Tax Regime and in case you want to stay in Old Scheme, same needs to be opted for. Now new tax slab rates for new scheme is applicable wef 01 Apr 25.
Happy Earnings!!!
Disclaimer: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments. Opinions and Recommendations above are Authors’ personal, you are should carry out your own checks & balances and due diligence before investment.
