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Saudi Arabia Expected to Cut Crude Prices for Asia in October Due to Falling Dubai Benchmark

03 Sep 2024 11:57 AM IST

Saudi Arabia, the world's top oil exporter, is expected to reduce prices for most of its crude grades sold to Asia in October, following a decline in the Middle East's Dubai benchmark last month, according to industry sources.

Sensex Hits 82,600, Nifty Surpasses 25,300 as Markets Reach New Records

02 Sep 2024 11:47 AM IST

Benchmark equity indices Sensex and Nifty reached new all-time highs in early trading today, following positive regional trends and encouraging US economic data that alleviated growth concerns. Investors are also awaiting domestic quarterly growth figures. In early trade, the NSE Nifty 50 index climbed to 25,333.28, and the S&P BSE

SBI Launches New FASTag Design for Improved Toll Collection and Faster Commutes

02 Sep 2024 08:49 AM IST

SBI has introduced a new and improved design for its FASTag device for Vehicle Class 4, which includes cars, jeeps, and vans. This new design aims to enhance vehicle identification and streamline toll collection, ultimately reducing travel times for commuters. Alongside the revamped FASTag, SBI also launched the MTS RuPay

Central Govt Employees May Receive 3-4% DA Hike As Per 7th Pay Commission | Details

01 Sep 2024 13:16 PM IST

Following the Unified Pension Scheme (UPS), central government employees are set to receive another boost this month with an increase in dearness allowance (DA). Reports indicate that the government is expected to announce a 3-4 percent DA hike in the third week of September 2024.

RBI Introduces UPI Cash Deposits At ATMs, No Debit Card Needed

31 Aug 2024 15:14 PM IST

The Reserve Bank of India (RBI) has introduced a new feature allowing cash deposits at ATMs via Unified Payments Interface (UPI), eliminating the need for physical debit cards.

SBI Suggests Revising Full-Year GDP Growth Downwards to 7% After Q1 FY25 Records 6.7% Growth

31 Aug 2024 09:40 AM IST

According to a recent State Bank of India (SBI) report, India’s GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) has moderated but remains higher than the average decadal growth for Q1, which stands at 6.4 per cent. Official data from the Ministry of Statistics and

Key Financial Changes From September: Free Aadhaar Card Update, Fuel Prices And More

31 Aug 2024 01:06 AM IST

September 2024 brings significant financial changes, including free Aadhaar updates, new credit card rules, and stricter measures against fraudulent calls.

India’s GDP Growth Slows To 6.7% In Q1 2024 Amid Agriculture Decline

30 Aug 2024 21:44 PM IST

India's GDP growth slowed to 6.7% in Q1 2024, a five-quarter low, driven by weak agricultural output, though manufacturing showed resilience with a 7% growth.

Russia Ups 2024 Growth Forecast To 3.9% Amid Strong Economic Data

30 Aug 2024 21:38 PM IST

Russia has revised its 2024 economic growth forecast to 3.9%, attributing the boost to increased state spending and strong capital investment, defying previous expectations.

Zepto Raises $1.05 Billion In Just 2 Months: A Deep Dive Into Their Funding Success

30 Aug 2024 08:57 AM IST

Zepto, a rapidly growing player in India’s quick commerce market, has successfully raised $1.05 billion in just two months, signaling strong investor confidence in the sector. The funds were secured through two significant investment rounds, with $665 million raised on June 21 and an additional $340 million on August 29.

Nvidia’s Stock Dips Despite Record Earnings: Expert Insights

29 Aug 2024 18:39 PM IST

Nvidia's stock fell 4% despite posting record earnings of $30 billion. Experts discuss why the AI chip leader's growth is showing signs of slowing

Reliance Drives Indian Markets To Record Highs, Nifty Hits 17-Year Winning Streak

29 Aug 2024 16:58 PM IST

Indian markets soared to record highs as Reliance Industries' AI plans and bonus share announcement boosted investor confidence. Nifty 50 achieved its longest winning streak in 17 years.