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Sowrya consultancy
SBI Raises Rs 10,000 Crore Through Oversubscribed Infrastructure Bond Issue

SBI Raises Rs 10,000 Crore Through Oversubscribed Infrastructure Bond Issue

State Bank of India (SBI) has raised Rs 10,000 crore through its seventh infrastructure bond issuance at a coupon rate of 7.23%. The issue, oversubscribed more than twice, attracted bids worth Rs 11,500 crore from a range of investors, including pension funds and insurance companies. The funds will support infrastructure and affordable housing projects, with […]

November 18, 2024 / 06:35 PM IST
OPENING BELL: Sensex Up 265 Points, Nifty At 111 Points

OPENING BELL: Sensex Up 265 Points, Nifty At 111 Points

The Sensex and Nifty opened at fresh record levels in early trade today, November 18, 2024. The Sensex started trading today at 77845.96, up 265.65 points or 0.34%, and the Nifty was at 23644.40, up 111.70 points or 0.47%. Meanwhile, the Indian rupee was trading today at 84.39 against the dollar.

November 18, 2024 / 09:20 AM IST
Diesel Prices Overview: Current Rates In Metro Cities

Diesel Prices Overview: Current Rates In Metro Cities

Here are the diesel prices per liter in the top cities. ★ Delhi – ₹87.62, ★ Kolkata – ₹91.76, ★ Mumbai – ₹89.97, ★ Chennai – ₹92.34, ★ Gurgaon – ₹87.65, ★ Noida – ₹87.86, ★ Bangalore – ₹88.94, ★ Bhubaneswar – ₹92.62, ★ Chandigarh – ₹82.40, ★ HYD – ₹95.65, ★ Jaipur – ₹90.36, […]

November 18, 2024 / 07:51 AM IST
Elon Musk’s SpaceX To Launch India’s Gsat-20 Satellite

Elon Musk’s SpaceX To Launch India’s Gsat-20 Satellite

Elon Musk’s SpaceX will assist India by launching the Gsat-20 communication satellite, which weighs 4,700 kg. India’s space agency, ISRO, typically uses its LVM-3 rocket for satellites up to 4 tonnes, but since Gsat-20 exceeds that weight, ISRO has requested SpaceX’s help. SpaceX’s Falcon-9 rocket, capable of launching payloads up to 8.3 tonnes, will carry […]

November 18, 2024 / 02:00 AM IST
Indian Economy Strong Enough To Tackle Any Global Shocks: RBI Governor

Indian Economy Strong Enough To Tackle Any Global Shocks: RBI Governor

RBI Governor Shaktikanta Das said that Indian economy is strong enough to handle any shocks from global events. “Growth of Indian economy presents a picture of stability and strength,” Das said. He was addressing people at the launch of Kochi International Foundation. India’s external sector is also strong and the current account deficit (CAD) remained […]

November 17, 2024 / 08:31 PM IST
McDonald’s Invests $100 Million To Recover From E. Coli Outbreak Impact

McDonald’s Invests $100 Million To Recover From E. Coli Outbreak Impact

McDonald’s is investing $100 million to restore customer confidence after an E. Coli outbreak linked to Quarter Pounder burgers caused a sharp drop in sales. The investment includes $35 million for marketing and $65 million in support for franchisees. While sales fell nearly 12% in late October, recovery has started, though numbers remain below last […]

November 17, 2024 / 07:20 PM IST
How To Withdraw Money From Your PF Account: A Step-by-Step Guide

How To Withdraw Money From Your PF Account: A Step-by-Step Guide

You can withdraw from your Provident Fund (PF) account for emergencies like medical needs, marriage, or home-related expenses. Partial withdrawals require five to seven years of EPF membership. To withdraw, log into the UAN portal, verify details, submit an online claim, and upload documents like Form 15G and a scanned cheque. Funds are credited to […]

November 17, 2024 / 05:11 PM IST
Banks Compete For NRI Deposits Amid Changing Investment Trends

Banks Compete For NRI Deposits Amid Changing Investment Trends

Competition among banks to attract non-resident Indian (NRI) deposits is intensifying, especially in Kerala, a hub for NRI remittances. With resident Indians exploring alternative investments, banks are focusing on the NRI segment for long-term, stable funding. Federal Bank’s Shalini Warrier highlighted that NRIs seek secure, profitable avenues for their funds, making them a valuable depo...

November 17, 2024 / 04:50 PM IST
Reliance Group Launches Corporate Centre As Part Of 2030 Strategy

Reliance Group Launches Corporate Centre As Part Of 2030 Strategy

Anil Ambani’s Reliance Group has launched the Reliance Group Corporate Centre (RGCC) as part of its 2030 growth strategy. The RGCC will act as a strategic hub, guiding the Group’s companies in exploring new opportunities and technological advancements. The core team includes Sateesh Seth, Punit Garg (CEO of Reliance Infrastructure), and K Raja Gopal (CEO […]

November 17, 2024 / 04:35 PM IST
Zoho CEO Sparks Kannada Debate, Calls Non-Learning ‘Disrespectful’

Zoho CEO Sparks Kannada Debate, Calls Non-Learning ‘Disrespectful’

Zoho CEO Sridhar Vembu urged Bengaluru residents to learn Kannada, calling refusal disrespectful. Reacting to a viral post about “Hindi National Language” shirts, he emphasized respecting local cultures. Journalist Chandra Srikanth supported his views, highlighting irony in avoiding Indian languages while embracing foreign ones. The remarks fueled online debates on linguistic obliga...

November 17, 2024 / 03:43 PM IST
Retail Tomato Prices Drop 22.4% Amid Improved Supply Across India

Retail Tomato Prices Drop 22.4% Amid Improved Supply Across India

Retail tomato prices dropped 22.4% month-on-month, with the all-India average price falling to Rs 52.35 per kg on November 14, down from Rs 67.50 on October 14, the Consumer Affairs Ministry reported. At Delhi’s Azadpur mandi, wholesale prices plunged nearly 50%, from Rs 5,883 per quintal to Rs 2,969, driven by improved supply across the […]

November 17, 2024 / 02:59 PM IST
Silver Prices: Chennai & HYD Top At ₹989 Per 10 Grams

Silver Prices: Chennai & HYD Top At ₹989 Per 10 Grams

Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹989, ★ Mumbai – ₹894, ★ Delhi – ₹894, ★ Kolkata – ₹894, ★ Bangalore – ₹894, ★ Hyderabad – ₹989, ★ Kerala – ₹989, ★ Pune – ₹894, ★ Vadodara – ₹894, ★ Ahmedabad – ₹894, ★ Jaipur […]

November 16, 2024 / 09:14 AM IST
Petrol Prices Remain Unchanged In Metro Cities

Petrol Prices Remain Unchanged In Metro Cities

Here are the petrol prices per liter today in the top metro cities in India. ★ Delhi – ₹94.72, ★ Kolkata – ₹104.95, ★ Mumbai – ₹103.44, ★ Chennai – ₹100.98, ★ Gurgaon – ₹94, ★ Noida – ₹94.72, ★ Bangalore – ₹102.88, ★ Bhubaneswar – ₹101.06, ★ Chandigarh – ₹94.24, ★ Hyderabad – ₹107.41, […]

November 16, 2024 / 06:55 AM IST
Know The Top-10 Private-Sector Banks In India

Know The Top-10 Private-Sector Banks In India

Here are the top private-sector banks in India include: ★ HDFC Bank, ★ ICICI Bank, ★ Axis Bank, ★ Kotak Mahindra Bank, ★ IndusInd Bank, ★ Yes Bank, ★ Bandhan Bank, ★ IDFC First Bank, ★ Federal Bank, ★ South Indian Bank. These banks are best known for their strong market presence, diverse services, and […]

November 16, 2024 / 01:00 AM IST
Gold Prices Likely To Fall Further Amid Market Correction

Gold Prices Likely To Fall Further Amid Market Correction

Gold prices are expected to continue falling as sellers dominate the market, with no immediate positive triggers in sight, according to trade experts. The next lower target zone appears likely before the correction ends. While the US Federal Reserve has been cutting rates, concerns over a higher-than-expected consumer price index (CPI) reading may pause further […]

November 15, 2024 / 05:40 PM IST