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Sowrya consultancy
Fuel Prices: How Petrol & Diesel Prices Are Determined In India

Fuel Prices: How Petrol & Diesel Prices Are Determined In India

In India, petrol and diesel prices are primarily determined by the Oil Marketing Companies (OMCs), which include major players like Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum. These companies set prices based on international crude oil rates, currency fluctuations, and refining costs. The government influences fuel prices through taxes and duties.

October 10, 2024 / 01:00 AM IST
Ratan Tata In Critical Condition, Undergoing Treatment In Mumbai

Ratan Tata In Critical Condition, Undergoing Treatment In Mumbai

Ratan Tata, the 86-year-old chairman emeritus of Tata Sons, is reported to be in critical condition in intensive care at a Mumbai hospital. Following routine medical examinations, he expressed no immediate concerns about his health. Tata, who led the conglomerate from 1991 to 2012, is known for founding Tata Teleservices and Tata Consultancy Services. Updates […]

October 9, 2024 / 08:02 PM IST
Infinix Zero Flip Launching In India on October 17: Price Expected Below Rs 50,000

Infinix Zero Flip Launching In India on October 17: Price Expected Below Rs 50,000

Infinix will launch its first foldable smartphone, the Zero Flip, in India on October 17. Featuring a 6.9-inch AMOLED display, a durable zero-gap hinge, and a sleek design, it targets budget-conscious consumers. Expected to be priced below ₹45,000, the Zero Flip offers high-end specs, including a MediaTek Dimensity 8020 chipset and a 50MP camera, making […]

October 9, 2024 / 07:36 PM IST
Kolkata Airport Welcomes First Airbus Beluga XL

Kolkata Airport Welcomes First Airbus Beluga XL

Kolkata Airport has made history by accommodating the Airbus Beluga XL, the largest in its series, for the first time. Landing on Tuesday from Bahrain, the aircraft was honored with a water salute. Originating from Airbus’s Toulouse factory, it carries essential aircraft components to Tianjin, China. The Beluga XL is designed for oversized cargo, making […]

October 9, 2024 / 06:53 PM IST
RBI Boosts UPI Transaction Limits To Enhance Digital Payment Accessibility

RBI Boosts UPI Transaction Limits To Enhance Digital Payment Accessibility

The Reserve Bank of India (RBI) has increased transaction limits for UPI Lite and UPI 123PAY to enhance digital payment accessibility. The UPI Lite limit has risen from Rs 500 to Rs 1,000, with wallet capacity increasing from Rs 2,000 to Rs 5,000. Meanwhile, UPI 123PAY’s limit has doubled from Rs 5,000 to Rs 10,000, […]

October 9, 2024 / 06:05 PM IST
Tata Technologies And BMW Team Up To Advance Automotive Technology

Tata Technologies And BMW Team Up To Advance Automotive Technology

Tata Technologies and BMW have launched a 50:50 joint venture, BMW TechWorks India, to develop automotive software, including software-defined vehicles and AI applications. Led by Aditya Khera and Sweta Girinatham, the venture will have offices in Pune, Bengaluru, and Chennai. Starting with 100 employees, it aims to expand significantly by 2025, focusing on local engineering […]

October 9, 2024 / 01:18 PM IST
Gold Prices Fall Significantly Ahead Of Dussehra Festivities

Gold Prices Fall Significantly Ahead Of Dussehra Festivities

In a piece of great news for women during the Dussehra festive season, gold prices have dropped in both Telugu states. The price of 10 grams of 22-carat gold has decreased by Rs. 700, now costing Rs. 70,300. The price of 10 grams of 24-carat gold has fallen by Rs. 760, bringing it down to […]

October 9, 2024 / 12:03 PM IST
Tata Group’s Investment Plans For AP: Key Announcement Anticipated Today

Tata Group’s Investment Plans For AP: Key Announcement Anticipated Today

It is reported that Andhra Pradesh IT and Education Minister Nara Lokesh met with Tata Sons Board Chairman on Tuesday. A key announcement regarding Tata Group’s investments in Andhra Pradesh is expected on Wednesday. In response to Lokesh’s tweet, several netizens are posting comments like, “Congratulations to TCS and the people of AP,” and “Excellent! […]

October 9, 2024 / 09:46 AM IST
OPENING BELL: Sensex Up 276 Points, Nifty At 49 Points

OPENING BELL: Sensex Up 276 Points, Nifty At 49 Points

The Sensex and Nifty opened at fresh record levels in early trade today, October 9, 2024. The Sensex started trading today at 81911.27, up 276.46 points or 0.34%, and the Nifty was at 25062.85, up 49.70 points or 0.20%. Meanwhile, the Indian rupee was trading today at 83.93 against the dollar.

October 9, 2024 / 09:20 AM IST
Diesel Prices At A Glance: Latest Rates In Cities

Diesel Prices At A Glance: Latest Rates In 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, […]

October 9, 2024 / 07:55 AM IST
AP Govt Partners With FSSAI To Enhance Food Safety Inspections

AP Govt Partners With FSSAI To Enhance Food Safety Inspections

The govt of Andhra Pradesh has signed an agreement with the Food Safety and Standards Authority of India (FSSAI) to enhance food safety inspections. FSSAI will provide training to staff and establish laboratories and necessary infrastructure. The govt plans to set up microbiology labs in Vizag, Tirumala, and Kurnool, along with 5 primary testing centers […]

October 9, 2024 / 07:44 AM IST
Current Petrol Prices Across Major Metro Cities

Current Petrol Prices Across Major 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, […]

October 9, 2024 / 06:52 AM IST
Smartphone Sales Surge During Festive Season In India

Smartphone Sales Surge During Festive Season In India

Smartphone sales in India grew 11% year-over-year during the festive season from September 26 to October 6, with Samsung leading the market at 20% share. Key models like the Galaxy M35 and Galaxy S23 drove sales, which increased by 17% YoY. The first wave’s extended duration of 11 days helped boost sales, with Samsung benefiting […]

October 9, 2024 / 02:30 AM IST
Hyundai Motor To Sell 17.5% Stake In Indian Subsidiary For IPO

Hyundai Motor To Sell 17.5% Stake In Indian Subsidiary For IPO

Hyundai Motor has announced plans to sell a 17.5% stake in Hyundai Motor India as part of its upcoming IPO, targeting up to 4 trillion won ($2.96 billion). The IPO, set to open for subscription on October 14, will be the first public offering by a carmaker in India in nearly two decades, underscoring Hyundai’s […]

October 9, 2024 / 02:00 AM IST
Reverse Repo Rate: Understanding Its Role In Monetary Policy

Reverse Repo Rate: Understanding Its Role In Monetary Policy

The Reverse Repo Rate (RRR) is the interest rate at which the central bank borrows money from commercial banks. A higher RRR encourages banks to park excess funds with the central bank, while a lower rate may incentivize them to lend more. Adjusting the RRR helps control inflation and stabilizes the financial system. It’s a […]

October 9, 2024 / 01:30 AM IST