The FAO’s food price index, which tracks global prices for a basket of staple foods, averaged 127.5 points in November, a 0.5% increase from October
In a bid to enhance trading volumes, BSE is moving its weekly Sensex contract expiry to Tuesday, aligning with Sebi’s new regulations aimed at reducing speculative trading. This shift may help BSE improve its market share, which currently stands at 13% compared to NSE’s 87%.
LG Electronics’ Indian arm has filed for an IPO to sell 101.8 million shares, aiming to raise $1 billion to $1.5 billion and achieve a valuation of about $13 billion. Major competitors include Whirlpool India and Samsung’s Indian arm.
Possessing a credit card can be a boon for frequent travellers who – by virtue of holding a credit card – get free access to lounges at select airports. It is noteworthy that this access may become effective upon meeting of certain conditions or limits imposed by the bank
One of the world’s richest men is avoiding $8 billion in taxes by passing on his assets. It is not Mark Zuckerberg or Elon Musk; read to know more about him and his financial strategy.
OpenAI has launched ChatGPT Pro, a subscription tier priced at $200/month, offering advanced features like the new AI model o1 Pro Mode. The existing Plus tier remains at $20/month. OpenAI also released the stable o1 model, enhancing problem-solving capabilities and user experience.
RBI Monetary Policy Meeting Highlights: The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das left the benchmark repo rate unchanged at 6.5% and policy stance ‘Neutral’. MPC also slashed the CRR by 50 bps to 4%.
In a bid to boost liquidity in the system, the RBI decided to cut the cash reserve ratio (CRR) by 50 basis points to 4%. Following the announcement, stocks of public sector banks like UCO Bank, Canara Bank, Bank of Baroda, PNB and SBI, surged as much as 3%. With the Nifty PSU Bank index surging more than one percent. As stated by the governor Shaktikanta Das, this reduction in the CRR would release primary liquidity of about ₹ 1.16 lakh crore to the banking system. Watch!
01:04 PM ISTReal estate experts urge the RBI to lower interest rates to boost sluggish sales and relieve borrowing costs. With high home loan rates and rising prices, housing demand has moderated, particularly in affordable segments.
Taiwan’s navy commander warns that his forces are increasingly strained
RRB JE 2024: The Railway Recruitment Board announced the RRB Junior Engineer exam date and released admit cards for 7,951 vacancies. Candidates can download their city slips by logging into the official RRB website.
Delhi experiences a sharp increase in malaria and chikungunya cases, soaring by 99% this year. While dengue cases have decreased, the city’s struggle with mosquito-borne illnesses continues, prompting urgent public health responses and increased funding for mosquito control measures.
South Africa vs Sri Lanka Live Score: Sri Lanka at 52/1 after 19 overs, Dinesh Chandimal at 3 runs and Pathum Nissanka at 16 runs
Possessing a credit card can be a boon for frequent travellers who – by virtue of holding a credit card – get free access to lounges at select airports. It is noteworthy that this access may become effective upon meeting of certain conditions or limits imposed by the bank
‘The Franchise’ is a comedy series about the chaos on a superhero film set—a universe of constant compromise