The Sensex and Nifty opened at fresh record levels in early trade today, November 1, 2024. The Sensex started trading today at 79389.06, down 553.12 points or 0.69%, and the Nifty was at 24205.35, down 135.50 points or 0.56%. Meanwhile, the Indian rupee was trading today at 84.09 against the dollar.
➢ Implementation of RBI Domestic Money Transfer Rules,➢ SBI Credit Card finance charges increased by 3.75%,➢ Advance booking of train tickets now available for a discount for 60 days,➢ Changes in ICICI Credit Card fees and reward points policy (Effective from November 15),➢ Indian Bank FD Scheme deadline extended until November 30.
Andhra Pradesh is set to receive a significant boost in investment, with ArcelorMittal and Nippon Steel proposing a ₹70,000 crore investment for an integrated steel plant in Anakapalli. This marks the largest industrial investment in the state, part of a ₹1,40,000 crore project. The facility aims to enhance local economic growth and is expected to […]
The Indian Railways plans to launch the Vande Bharat sleeper train in January 2025, enhancing long-distance travel comfort. Initially connecting New Delhi to Srinagar, the train will cover 800 km in about 13 hours. It will feature three classes—AC First Class, AC 2-Tier, and AC 3-Tier—with ticket prices expected around ₹2,000 to ₹3,000. The train […]
Bolt CEO Markus Villig has mandated employees return to the office three days a week, citing concerns over disconnection and high attrition rates. Criticizing remote work from vacation spots, he emphasized the need for improved communication and team cohesion. Villig described the policy as “generous” compared to others like Amazon’s five-day requirement.
The government has intensified onion supplies, delivering 840 tonnes to Delhi railway station as part of a strategy to stabilize prices. This follows a previous shipment of 1,600 tonnes. Onions will be sold at Rs 35 per kg in Azadpur Mandi, amid rising retail prices of Rs 60-80. Rail transport aims for efficient distribution, with […]
A Moscow court has imposed a hefty fine on tech giant Google, ordering the company to pay $2.5 trillion for allegedly hacking into Russian YouTube channels. Since 2020, YouTube has suspended 17 channels, including those belonging to Russian government media. The court mandated that Google restore these channels after the company refused to comply.
In a major step towards enhancing digital connectivity in India, Bharat Sanchar Nigam Limited (BSNL) has deployed over 50,000 indigenous 4G sites across the country, as announced by the Ministry of Communications. As of October 29, more than 41,000 of these sites are operational. This includes nearly 36,747 sites established under Phase IX.2 and 5,000 […]
The number of people paying personal income tax in the country has increased over the last 10 years. SBI Research has released a report on the growth of income taxpayers from 2014 to 2024. It indicates that the income threshold for the middle class rose from Rs. 1.5 lakh to Rs. 5 lakh in 2014 […]
The Sensex and Nifty opened at fresh record levels in early trade today, October 31, 2024. The Sensex started trading today at 80044.95, up 102.77 points or 0.13%, and the Nifty was at 24349.85, down 9.00 points or 0.04%. Meanwhile, the Indian rupee was trading today at 84.08 against the dollar.
India’s quick commerce sector, promising 10-minute deliveries, is reshaping consumer habits but raises significant societal concerns. While companies like Blinkit and Zepto expand rapidly, the pressure for instant gratification may lead to negative consequences, including unsafe working conditions. As consumer expectations soar, the industry must grapple with the implications of this fast...
This Diwali season has seen a surprising decline in car sales, with an 18% drop resulting in around 790,000 unsold vehicles valued at approximately Rs 79,000 crore. Traditionally a peak buying time, this year’s lack of interest, especially in the Rs 10-25 lakh segment, marks a stark contrast to previous years. Dealerships are yet to […]
On Dhanteras, Oil Marketing Companies announced an increase in dealer commissions for petrol pump dealers, leading to lower petrol and diesel prices in several states, including Odisha and Chhattisgarh. The Indian Oil Corporation stated this change will not impact retail prices but enhance customer service. Union Minister Hardeep Singh Puri welcomed the decision, which aims […]