Business
Sovereign Gold Bond Scheme opens today amidst Ukraine crisis: 5 day window to buy gold at low prices
New Delhi: The 2021-22 Sovereign Gold Bond Programme – Series X or Tenth Tranche is open for subscription from today (Monday 28 February).
Sovereign Gold Bond Scheme 2021-22 – Series-X will be open for subscription over five days from February 28 to March 4. The issue price of the Sovereign Gold Bond Scheme 2021-22 Series-IX is set at Rs 5,109 per gram of gold.
“The face value of the bond…is Rs 5,109,” the central bank said in a statement. The Indian government, after consultation with the Reserve Bank of India, has decided to offer a discount of Rs 50 per gram to investors who apply online and pay the application fee digitally. “For such investors, the issue price of gold bonds will be Rs 5,059 per gram of gold,” the RBI said.
The bond has a term of eight years, with an exit option after the fifth year, which will be exercised on the next interest payment date. The minimum allowed investment is 1 gram of gold.
Each financial year (April to March), the maximum subscription limit is 4kg for individuals, 4kg for HUF and 20kg for trusts and similar entities.
Know Your Customer (KYC) specifications are the same as when buying physical gold. The government gold bond program, launched in November 2015, aims to reduce demand for physical gold and reallocate some of the domestic savings used to buy gold into financial savings.
“This is more than the market expected,” Reuters quoted Bob Haberkorn, chief market strategist at RJO Futures, as saying. “If Russia does occupy Kyiv and the international community reacts positively, the price of gold will soon soar above $2,000,” Haberkorn said. Berkorn added.
What is the Government Gold Bond Program?
The sovereign gold bond program is a government bond denominated in grams of gold. They are an alternative to holding physical gold. Investors must pay the issue price in cash, and the notes will be redeemed in cash at maturity. The bond is issued by the Reserve Bank on behalf of the Indian government.
How will the sovereign gold bond program be sold?
Bonds will be sold limited through regular commercial banks (excluding Small Finance Banks and Payments Banks), Joint Stock Corporations of India (SHCIL), certain post offices and recognised stock exchanges (i.e. National Stock Exchange of India Limited and Bombay Stock Exchange). of.
Who can buy the sovereign gold bond program?
Bond sales to resident individuals, HUFs, trusts, universities, and nonprofits are restricted.
Complete News Source : Zeenews
Lifestyle
10 best activities hacks for the better lifestyle for Business Managers.
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
Group Media Publications
Entertainment News Platforms – anyflix.in
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Podcast Platforms – https://anyfm.in
-
Bollywood2 months ago
Aishwarya Rai maintains her stunning appearance in a new L’Oreal ad.
-
health and remedies2 months ago
The article discusses the potential health risks associated with swallowing dry ice
-
Music1 month ago
Sidhu Moosewala’s father and baby brother feature on Times Square billboard; fans react. Watch
-
Bollywood3 weeks ago
Rasha, the daughter of Raveena Tandon, discusses how trolling affects her: “I think in processing it, feeling bad for a bit.”
-
Entertainment2 months ago
The Anant Ambani-Radhika Merchant pre-wedding bash in Jamnagar has received a list of guests.
-
Trending2 months ago
Dolly Chaiwala: “Didn’t Know Who He Was” in reference to giving Bill Gates tea
-
Bollywood4 weeks ago
The phrase “female-led projects” annoys Bhumi Pednekar. “It disgusts me deeply.”
-
Trending2 months ago
Oppo Reno 12 Pro Key Features Leak Online: Expected to Receive a 1.5K Display with a Density 9200+ SoC