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In response to the recent attacks on Hindu temples in Canada and the worsening diplomatic relations between Canada and India, the State Bank of India made a statement. CS Shetty, Chairman of SBI, clarified that there has been no change in the bank’s operations. He assured that “operations continue as usual and our commercial activities […]
SpiceJet announced plans to launch seaplane operations in India next year, aiming to connect remote and scenic locations. The airline has secured rights to operate on 20 routes, including Lakshadweep, Hyderabad, Guwahati, and Shillong. With support from Andhra Pradesh CM Chandrababu Naidu and Union Minister K. Rammohan Naidu, SpiceJet is working to roll out services […]
Reliance Jio, led by Mukesh Ambani, has urged India’s telecom regulator, TRAI, to reconsider the government’s plan to allocate satellite spectrum administratively rather than through an auction. The move, opposed by Reliance, could benefit foreign rivals like Elon Musk’s Starlink, which is eyeing the Indian market after its success in Africa. Reliance argues the allocation [&h...
The central govt has approved the establishment of a 500-bed ESI secondary care hospital and a medical college with 150 super-specialty beds in Amaravati. Following the bifurcation, the ESI superspecialty hospital originally set up in the joint AP moved to Telangana, leaving AP without a hospital of that level. In response, the state govt proposed […]
BharatPe has launched a new investment app, Invest BharatPe, aimed at simplifying investments for Indian consumers. The app, available on Android and iOS, allows users to purchase 24K digital gold starting at just ₹100. As a festive promotion, it offers an additional 1.1% free gold on purchases. BharatPe plans to expand its investment offerings, enhancing […]
➢ World Quality Day, ➢ Uttarakhand Formation Day, ➢ National Education Day, ➢ National Journalism Day, ➢1985: Enactment of the act providing free legal aid to the poor and weaker sections, ➢ 1877: Birth of Muhammad Iqbal, poet in Urdu, ➢ 1895: Birth of Duvvuri Ramireddy, farmer poet, ➢1927: Maganti Annapurnadevi: Death of the writer, […]
Sriram Krishnan, Chief Development Officer of the National Stock Exchange (NSE), stated that the market value of NSE-listed companies is expected to reach Rs 1,000 lakh crore in the next 10 years. Currently, there are 3,100 companies listed on the NSE, and adding another 3,000 companies will further increase the market value. More than 100 […]
Union Minister Hardeep Singh Puri stated that India’s purchase of Russian oil helped prevent a surge in global oil prices, averting a rise to $200 per barrel. Speaking at the ADIPEC, Puri explained that India’s decision stabilized the market amid geopolitical instability. He also defended the strategy, emphasizing that India secured the best deals for […]
India’s foreign exchange reserves declined by $2.675 billion to $682.130 billion for the week ending November 1, marking the fifth consecutive drop. This decrease follows a trend of falling reserves from a peak of $704.885 billion, likely due to RBI interventions to stabilize the rupee. Despite the decline, reserves remain sufficient to cover nearly one […]
Swiggy’s IPO was oversubscribed on its final day, with a subscription rate of 3.59 times by 5:30 p.m. on Friday. Qualified institutional buyers led with a 4.49 times subscription. The IPO, valued at Rs 11,327.4 crore, includes 11.5 crore new shares. The price band is Rs 371-390 per share. Despite ongoing losses, Swiggy’s revenue grew […]
In a big shock to HDFC Bank loan borrowers, the Marginal Cost of Funds-Based Lending Rate (MCLR) on select loans has increased by 5 basis points. As a result, interest rates on personal and vehicle loans will rise, and it will increase to around 9.45%. The interest on one-day loans has climbed to 9.10-9.15%, while […]
Amazon Prime Video has launched an innovative feature called X-Ray Recaps, utilizing AI to provide viewers with concise, spoiler-free summaries of shows and movies. This tool helps users catch up on plot points whether they missed an episode or are revisiting a series. Currently in beta for Fire TV users in the U.S., X-Ray Recaps […]
Shiv Nadar, founder of HCL Technologies, has topped the EdelGive-Hurun India Philanthropy List for FY24, donating ₹2,153 crore, a 5% increase from last year. Mukesh Ambani follows in second place with ₹407 crore, while the Bajaj family ranks third with ₹352 crore. Overall, 203 individuals contributed ₹8,783 crore, highlighting a growing trend in philanthropy among […]
Stock markets ended in the red for the second consecutive session on Friday. Sensex shed 55.47 points or 0.07% to settle at 79,486.32, while the Nifty declined 51.15 points or 0.21% to 24,148.20. Broader markets also settled in the red, with Midcap and Smallcap falling 1.33% and 1.70%, respectively.
Hombale Films recently shared exciting news for Prabhas fans, announcing that they will produce three major films with the actor. Hombale Films expressed that it is a pleasure to work with Prabhas to elevate the fame of Indian cinema worldwide. They stated, “We aim to create a cinematic experience that will be remembered forever. The […]