Fixed deposit interest rates: FDs are an good fixed income investment option for senior citizens. In light of this senior citizens can now take advantage of higher interest rates being offered by various private, public and foreign banks. Read here to know more about FD interest rate offered to senior citizens.
Prime Minister Narendra Modi held extensive talks with Bangladeshi Prime Minister Sheikh Hasina to strengthen cooperation in trade, connectivity, and energy. The two leaders have met ten times since 2019, making unprecedented transformations in their relationship. The focus of the talks is to impart new momentum to bilateral ties, including trade, connectivity, and energy. India and Bangladesh have been on an upswing in strategic ties, with India being its largest development partner and Bangladesh its largest export destination in Asia.
Bank Nifty reached a new high of 51,957 due to improved operational efficiencies, implementation of the Insolvency and Bankruptcy Code, and cautious lending practices by PSU banks. This sparked a rally in share prices, shifting the spotlight from private banks.
India's digital economy is on track to reach $1 trillion by 2030 with a growth rate 2.8 times that of regular GDP. Leveraging the CHIPS framework and strategic partnerships, India aims to secure a prominent global position through sustainable practices, education initiatives, and robust data governance.
While bulls are back on the street, volatility is also making a comeback. In two trading sessions, the nifty slipped intraday though it was able to recover. The only thing which appears to be a sign of caution is that the mid-cap index and market breadth in that segment is not as bullish as it used to be when the nifty would be witnessing a similar kind of an up move. There is a high probability we might see some profit booking which is rational in nature. These selected stocks depict a strong upward... Читать дальше...
Congress leader Jairam Ramesh has defended the implementation of a law to prevent unfair means in competitive examinations, stating it is "damage control". The law, which aims to curb malpractices and irregularities in competitive exams, was operationalised on June 21, 2024, following protests over alleged irregularities in medical entrance exams. The law entails provisions for a maximum jail term of 10 years and a fine of up to Rs 1 crore for offenders.
India is leading the ODI series against South Africa 2-0. The series has seen India facing challenges, from a tough start in the first match to a strong comeback in the second. Smriti Mandhana's exceptional batting has been a highlight, while skipper Harmanpreet Kaur's return to form is a positive. South Africa aims to win the final match for crucial ICC Women's ODI Championship points.
India's expenditure on health, including clean water and sanitation, is on track to reach the target of 2.5% of GDP by 2024-25. States have surpassed the Centre's allocation to achieve a combined effort of 2.13% of GDP. Despite concerns over declining spending on healthcare systems, increased state allocations may help reach the 2.5% target by 2025.
Elon Musk clarified his controversial comments on free speech at the Cannes Lions advertising festival, addressing advertiser concerns about content moderation on X. He emphasized the platform's commitment to free speech over censorship, even at the cost of losing advertisers. X CEO Linda Yaccarino supported Musk's stance, highlighting the platform's role in enabling information independence. Musk reiterated the importance of authenticity and free speech, despite occasional personal missteps.
According to Trendlyne data, these stocks, belonging to different sectors, have the potential to rally by up to 25%
The GST council may delay the inclusion of petroleum products under GST and the much-awaited rate rationalization. Discussions may also focus on reducing GST on insurance products.
The Ministry of Electronics and Information Technology will launch the IndiaAI Mission with a budget of Rs 10,372 crore and started inviting nominations from top institutes, such as IITs, NITs etc, for students who are undertaking projects in artificial intelligence (AI), according to reports.
Union Finance Minister Nirmala Sitharaman chaired a pre-budget meeting with state and union territories finance ministers at Bharat Mandapam for suggestions on the upcoming Union Budget, after previously consulting with economists and industry experts. She is set to chair the 53rd GST Council Meeting to discuss tax rates, policy modifications, and administrative challenges, crucial for shaping India's indirect tax system. The agenda for the meeting is yet to be disclosed.
The stock has failed to live up to its previous glory of jaw-dropping returns in the recent past. In the last six months, the shares rose 56% and are up about 42% in the last one-year period.
Shiv Sena (UBT) leader Sanjay Raut stated that seat-sharing discussions among the Maha Vikas Aghadi (MVA) allies for the upcoming Maharashtra assembly polls have not started yet. Raut emphasized that all parties within the MVA, including NCP (SP) and Congress, are equal stakeholders. He noted that despite the NCP (SP) having the highest strike rate in the Lok Sabha polls, the Shiv Sena (UBT) was heavily targeted by the opposition, which impacted its performance. Raut reassured that there will be... Читать дальше...
A hoax bomb threat was made to an Air Arabia flight from Calicut International airport, causing the aircraft to be grounded. A passenger left a note stating 'bomb' on one of the seats, which was found by ground staff. The flight was grounded and the bomb detection squad conducted a thorough inspection. The flight was rescheduled for 5 pm, and passengers have been provided with food and water.
The Indian government has introduced the Public Examinations (Prevention of Unfair Means) Act, 2024, to address paper leaks and cheating in public exams. The law enforces strict penalties, including imprisonment and heavy fines, for offenders. Recent issues with the NEET and UGC-NET exams underscore the need for such measures. The NTA's postponement of the CSIR UGC NET exam further highlights the ongoing challenges in maintaining exam integrity.
FIIs impact Indian capital markets, with mutual funds gaining prominence. SEBI's actions on P-Notes and rise of SIPs stabilize market. Prof Ghalke and Aditya Bharambe contribute to market insights.
The Kallakurichi Hooch tragedy in Tamil Nadu has increased the death toll from 50 to 53, with 140 of the 193 patients who consumed illicit liquor being safe. Seven people have been arrested and the case has been handed over to the CBI CID branch of Tamil Nadu Police. 250 litres of illicit liquor were seized and disposed off in Tiruchirapalli district, and the state government will cover the education and hostel expenses of children who lost parents in the tragedy.
Reliance Industries' shareholders approved reappointment of Yasir Othman H Al-Rumayyan and appointed Haigreve Khaitan as independent directors. They also reappointed P M S Prasad. The board is led by Mukesh D Ambani and includes his children Isha, Akash, and Anant, along with cousins Hital and Nikhi Meswani.
Bitcoin ETFs and hedge funds are driving significant inflows, sparking debates among investors. The surge in investment is influenced by hedge fund strategies, impacting Bitcoin's price dynamics.