India Financial News

State Bank of India Fixed Deposits: SBI has revised interest rates for its fixed deposits (FDs), including ‘Sarvottam’, for various tenures. With the latest revision, the interest rates now are ranging from 3.5% to 7.9% for tenures of up to 10 years. The new FD interest rates are effective from May 15, 2024, according to the SBI website.

A will is a document or declaration that ensures your real estate and other assets are legally transferred and distributed among your heirs according to your wishes after you pass away. As the name suggests, a will means you make it clear to your heirs about who receives what from your estate once you are gone. By writing a will, you can prevent family conflicts and legal battles over inheritance.

Ahead of the June 4 results of Andhra Pradesh Assembly Election 2024, India Today-Axis My India exit poll has projected a thumping win for the TDP-BJP-JSP alliance in the state. According to the exit poll, the Andhra Pradesh Assembly Results are likely to see the alliance winning as many as 120 out of 175 seats in the state Assembly. In terms of the breakup, while Telugu Desam Party is predicted to win 55-77 seats, ‘Power Star’ Pawan Kalyan’s JSP is projected to win 16-18 seats and the BJP is likely to bag up to two seats in Andhra Pradesh. On the other hand, incumbent YSR Congress is predicted to win 55-77 seats.

Also Read | 'Come to Bengaluru, increase odds of success': Unacademy’s Gaurav Munjal asks start-up founders to ditch Mumbai, DelhiMunjal's praise for Bengaluru resonated with many social media users. One user commented, "Not even starting a company, if you want non-linear outcomes in your career, BLR is the place with the highest probability!" Another user highlighted the city's advantages: "Its robust infrastructure, talent pool, and cosmopolitan culture foster innovation.

Adani Power Ltd.(up 14.19%), Power Grid Corporation of India Ltd.(up 10.10%), Gujarat Industries Power Company Ltd.(up 8.12%), Adani Energy Solutions Ltd.(up 8.04%), NTPC Ltd.(up 8.04%), JSW Energy Ltd.(up 5.85%), Transformers & Rectifiers(India)Ltd.(up 5.00%), RattanIndia Power Ltd.(up 4.97%), Power and Instrumentation(Gujarat)Ltd.(up 4.96%) and Suzlon Energy Ltd.(up 4.94%) were among the top gainers.

Infinix GT 20 Pro review: A gaming phone that doesn't break the bankWhile Realme hasn't officially revealed the price or any other details of the Realme GT 6 smartphone, a look at the price specs of the Realme GT Neo 6 could give us an idea about the price of the upcoming smartphone in India.Realme GT 6 Neo was priced at CNY 2,099 (approximately ₹24,200) for the 12 GB RAM/256GB storage variant and CNY 2,399 (approximately ₹27,500) for the 16GB RAM/256GB storage variant.In terms of specifications, the Realme GT 6 may features a 6.78-inch Full HD+ LTPO AMOLED display with a 120Hz refresh rate and a peak brightness of 6,000 nits.The phone could be powered by the Snapdragon 8s Gen 3 chipset, paired with the Adreno 735 graphics processor for graphics-intensive tasks. The GT 6 may run on the Realme UI 5.0, which is based on Android 14.In terms of optics, the Realme GT 6 should come with a dual camera setup: a 50MP Sony IMX882 primary sensor with OIS and an 8MP Sony IMX355 ultra wide-angle lens.

The Bharat Army, he was asked which teams he would like to see in the Top 4. He said, “It will be a biased answer (prediction on top four teams) but to be very honest I don't even want to watch the World Cup. I'll just see who is winning it at the end and I'll be happy.

Also Read: Stock market today: Nifty 50, Sensex hit all-time highs. Exit polls 2024 to GDP data - 4 reasons why market is soaringIf the present government retains power, Sen expects macroeconomic and financial stability is likely to be prioritized, which he believes is vital for continued macro growth and corporate earnings.

Life insurers are smart and savvy when it comes to understanding the mindset of Indians. While a majority of Indians still opt for traditional endowment-type life insurance, there is a growing section of the population which understands why purchasing plain-term lifeinsurance is the best option.

toll fee adjustment is an annual revision linked to changes in the Wholesale Price Index (WPI)-based inflation. "The new user fee will come into effect from 3.6.2024," a senior NHAI official was quoted as saying by a news agency on Sunday.This means that motorists across nearly 855 user fee plazas on the national highway network where a fee is levied will have to shell some more money to cross over.

Bank of Baroda leading the charge with a notable gain of 7%, followed closely by Bank of India with a rally of 4.7% and SBI with a solid 5% increase. Also Read: Indian Stock Market: Exit polls sentimental positive for capex stocks: JefferiesAdditionally, stocks such as Canara Bank, Indian Bank, Punjab National Bank, UCO Bank, Punjab & Sind Bank, Union Bank of India, Indian Overseas Bank, Bank of Maharashtra, and Central Bank of India all posted gains ranging between 3% and 4.9%.The majority of exit polls indicated that the BJP-led NDA alliance will comfortably secure between 350 and 390 seats of the 543 seats in the Lok Sabha, the lower house of India’s Parliament.A party or coalition needs 272 seats in parliament to form a government.

Yashasvi Jaiswal, along with all-rounder Shivam Dube, should find a place in India's playing XI given that no other top-order Indian batsman is bowling. Notably, Jaiswal has bowled in the nets and India's bowling coach had earlier suggested the youngster could get some opportunities with the ball.Talking about the Indian team combinations for the World Cup, Pathan said, “With the selected team, there can be two combinations.

MUMBAI : The Reserve Bank of India (RBI) is intensifying scrutiny on asset reconstruction companies (ARCs), mandating that they classify borrowers by risk profile and verify their KYC (know your customer) data after acquiring bad loans from banks and non-bank financiers. This move aims to bolster fraud detection and anti-money laundering measures, aligning ARCs with the same rigorous standards imposed on banks. According to two ARC executives aware of the development, the RBI has informed ARCs that they need to start verifying the KYC of borrowers even if they are buying from lenders who have those details.

Stock market today: The frontline indices surged during early morning deals in response to the Lok Sabha Election 2024 results. Most of the Exit Polls predicted a third term for the Narendra Modi government, which ended on Saturday last week.

Bank Nifty was up by 1462.75(2.99%) at 03 Jun 2024 10:44:55 IST.Other stocks such as Sintex Plastics Technology, Compuage Infocom, Delphi World Money, VIP Clothing, Lambodhara Textiles hit their fresh 52 wk lows today.

Adani Power rallied as much as 17.7 percent to its 52-week high of ₹890.40. Adani Green Energy soared 13.5 percent to its year-high of ₹2173.65.

Stock market today: After the end of Lok Sabha Election 2024 on Saturday last week, and most of the Exit Polls predict the third term for the Narendra Modi government in New Delhi, the Indian stock market is expected to remain volatile on Monday. On Friday last week, frontline Indian indices ended marginally higher after erasing most of its early morning losses.

7.8%, taking the annual figure to a neck-turning 8.2%. Internationally, there is growing optimism that India is on the cusp of a long-awaited economic take-off, as evidenced by the recent revision in our sovereign-credit outlook from ‘stable’ to ‘positive’ by S&P Global Ratings, even if the actual credit rating remains barely investment grade (for now). While revising India’s GDP growth upwards by close to 2 percentage points for 2023-24, the International Monetary Fund’s (IMF) April 2024 World Economic Outlook alludes to the robustness of growth expected in 2024 and 2025 as “reflecting continuing strength in domestic demand and a rising working-age population." It may be tempting to conclude from all this that India has reached what development economist W.W.

will win at least 350 Lok Sabha seats in the just-concluded national election, making for a clear majority in Parliament that would allow for policy and fiscal continuity. When the Election Commission of India announces the voting results on 4 June, the markets will be tracking the margin of victory for the NDA, and not wondering about a possible loss, said Nirmal Jain, founder of financial conglomerate IIFL Group. The government that takes charge once the results are officially announced has its task cut out, Jain said.

Adani Ports and Special Economic Zone: Adani International Ports Holdings Pte Ltd (AIPH), a subsidiary of Adani Ports and Special Economic Zone Ltd (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port in Tanzania.Cochin Shipyard: Udupi Cochin Shipyard, a subsidiary of Cochin Shipyard, has won an order from Ocean Sparkle Limited, an Indian tug operator under Adani Harbour Services, for the construction of three Azimuth Stern Drive (ASD) Tugs of 70 T bollard pull power.Deepak Nitrite: The company announced that its subsidiary, Deepak Chem Tech Ltd, will acquire a 100% stake in Narmada Thermal Power Private Ltd for a cash consideration of ₹61.65 crore. The acquisition is expected to be completed by June 30.Tata Steel: The company faces industrial action from around 1,500 employees based at Port Talbot and Newport Llanwern in Wales.

ANI, the victims, who were en route to attend a wedding in Rajasthan, were aboard the tractor. Two of the injured are currently in critical condition.“Some people from Rajasthan were coming to the state to attend a wedding, in a tractor.