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21 Jun

Anurag Kashyap express about differences with Abhay Deol and Pankaj Jha

Priyanka RoyBollywood, Entertainment, News

'Abhay Deol can call me toxic, but if I speak the truth, he won't be able to face it,' says Anurag Kashyap on his differences with the actor during Dev D. He also talked about the controversy related to him and Pankaj Jha. , Anurag Kashyap, who recently came up with his film Bad Cop, has been actively promoting his projects as an actor for a change. In a recent interview, the filmmaker-actor talked about his misunderstandings with actors Abhay Deol and Pankaj Jha.While she described her episode with Pankaj Jha as a complete misunderstanding, she had a completely different…

20 Jun

SBI to upturn ₹20,000 crore through long-term bonds in FY2025

Priyanka RoyBusiness, News

State Bank of India (SBI) announced board approval to raise up to ₹20,000 crore through long-term bonds in FY 2024-25. The central board meeting on June 19, 2024, approved raising funds through public issue or private placement.At the time of writing, SBI shares are trading at ₹846.65 which is 0.70% lower than its previous close. The stock has seen a total rise of 49% in the past year and 32% since the beginning of the year.In January, SBI raised ₹5,000 crore through perpetual bonds at a coupon rate of 8.34%. In the last financial year, SBI had issued 15-year infrastructure…

19 Jun

Direct tax collections up 21% to Rs 4.62 lakh crore from higher corporate advance tax

Priyanka RoyBusiness, News

The first installment of advance tax, which was due on June 15, saw accumulation inflation 27.34% to Rs 1.48 lakh crore. This includes Corporation Income Tax (CIT) of Rs 1.14 lakh crore and Personal Income Tax of Rs 34,470 crore. Net direct tax collections have jumped by 21 percent to over Rs 4.62 lakh crore so far this financial year due to higher advance tax payments by corporates. The first installment of advance tax, which was due on June 15, saw collections inflation 27.34% to Rs 1.48 lakh crore. This includes Corporation Income Tax (CIT) of Rs 1.14 lakh crore…

18 Jun

Diljit Dosanjh state he can’t bargain, has never done everyday tasks: ‘I have never booked a hotel or a cab in my life’

Priyanka RoyEntertainment, News

While Diljit Dosanjh is busy making India proud abroad, the singer recently shared in a chat how he always wanted to be famous growing up. He also told how he doesn't do everyday tasks like booking cabs and flights and is also not good with money.Talking to Raj Shamani, he said, "When I was a child, I used to pray to God that everyone should know me, but I don't want to know anyone." This was a childish thing. I thought I loved music, so this was the only way to achieve my dreams. I'm not good at finances, and…

15 Jun

SBI flourish MCLR by 10 bps for all tenors

Priyanka RoyBusiness, News

State Bank of India (SBI) has increased the marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) for all tenors. The MCLR hike by SBI comes days after the Reserve Bank of India (RBI) left the key policy rate unchanged.This move is likely to be followed by other lenders, resulting in loans becoming costlier for borrowers.The country's largest lender has revised the one-year MCLR from 8.65 percent to 8.75 percent. Overnight MCLR has been increased from 8 percent to 8.1 percent. One and three month MCLR has been increased to 8.3 percent from earlier 8.2 percent.The revised…

13 Jun

Retail inflation lapse to 12-month low of 4.75% in May

Priyanka RoyBusiness, News

Retail inflation fell to a one-year low of 4.75% in May as prices of some kitchen items declined marginally, according to government data released on Wednesday. Consumer Price Index (CPI) based retail inflation stood at 4.83 percent in April 2024 and 4.31% in May 2023 (previous low). According to data released by the National Statistical Office (NSO), inflation in the food basket stood at 8.69% in May, slightly lower than 8.70% in April. A headline price increase has seen a gradual decline since February 2024, albeit in a narrow range from 5.1% in February to 4.8% in April 2024. The…

12 Jun

Body of unknown person redeemed in Bagdogra

Priyanka RoyNews, North Bengal, Siliguri

Bagdogra, June 12: A tragic incident came to light in Bagdogra where the body of an unidentified person was found. According to the information, local people noticed a dead body under the fly over at Bihar turn of Bagdogra. After this, information about the matter was given to Bagdogra police station. Police without delay reached the spot, recovered the body and took it to North Bengal Medical College and Hospital for post-mortem. Police sources contemplate that the person might have fallen from the fly over in the dark of night. However, the complete occurrence is being further investigated.

11 Jun

Life insurers grow Rs 27,034 Crore as new business collections

Priyanka RoyBusiness, News

New business premium collections of life insurance companies grow by 15.15% in the month of May 2024 compared to the same month last year, boost by strong demand for improved insurance protection from both corporate and individual consumers. According to the Life Insurance Council, new policy issuances grew by 12.45% in the same period, reflecting strong underlying demand for life insurance products. New business premium increased from Rs 23,448 Crore in May 2023 to Rs 27,034 Crore in May 2024, with year-to-date (YTD) collections rising even further to Rs 47,293 Crore from Rs 36,043 Crore. Driven by strong demand for…

10 Jun

Consumers expect spending to flourish in next one year: RBI survey

Priyanka RoyBusiness, News

According to the latest survey by the Reserve Bank of India (RBI), Indian consumers are expected to increase spending over the next one year, with both essential and non-essential items increasing.RBI's Consumer Confidence Survey (CCS) showed that the rise in consumer confidence has stalled for the current period as sentiments have declined slightly on all parameters except spending in the latest survey round.The Current Situation Index (CSI) declined to 97.1 in May 2024 from 98.5 two months ago."For the year ahead, consumer confidence remained elevated in optimistic territory, although it declined marginally due to relatively soft sentiments on general economic…

08 Jun

Bajaj Housing Finance files DRHP with SEBI to boost ₹7,000 Crore via IPO;

Priyanka RoyBusiness, News

Bajaj Housing Finance IPO: Bajaj Housing Finance has filed preliminary draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds of ₹7,000 Crore through its upcoming public offering. The total public issue of up to ₹7,000 Crore includes a new issue of equity shares up to ₹4,000 Crore and an offer for sale (OFS) of up to ₹3,000 Crore by the selling shareholder with a face value of up to ₹3,000 Crore. Or the parent company, Bajaj Finance limited each equity share of ₹10. The share sale is being conducted to comply with Reserve…