The State Bank of India (SBI) has reshuffled its senior management and subsidiaries to improve efficiency, according to a media report published on Thursday. The portfolios of all four MDs have been reshuffled, according to the Indian Express story. SBI’s fourth MD, Alok Kumar Choudhary, DMD (Finance), was inducted. According to the article, he is …
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To assist countries, the WTO should permit food exports from public stock
India urged the World Trade Organization (WTO) on Monday to allow exports of food grains from public reserves for international food aid and humanitarian purposes, particularly on a government-to-government basis, because the UN’s World Food Programme was unable to meet demand. Commerce and Industry Minister Piyush Goyal stated during an agro intervention at a WTO …
In early trade, gold is up Rs 270, while silver is up Rs 62,200 per kilogramme.
On Friday, the price of gold rose by Rs 250 from the previous day’s closing to Rs 52,310 for a gramme of 24-carat gold. In the meantime, a gramme of 22-carat gold costs Rs 47,950. Although gold is utilised as an inflation hedge, rising interest rates raise the opportunity cost of owning the non-yielding asset. …
PM Modi speaks at the Rotary Convention, describing India as the “home of Buddha and Gandhi.”
Prime Minister Narendra Modi said on Sunday that India is the home of Buddha and Mahatma Gandhi, who exemplified what it means to live for others. While electronically addressing the Rotary International World Convention, the Prime Minister commented. He described the Rotarians as a perfect blend of “success and service,” “Every Rotary gathering of this …
The price of 10 grams of gold is Rs 52,250, while the price of a kilogram of silver is Rs 62,000
On Thursday, the price of 10 grammes of 24-carat gold increased by Rs 160 to Rs 52,250, while the price of one kilogramme of silver increased by Rs 400 to Rs 62,000. The price of 10 grammes of 22-carat gold has increased by Rs 150, and the precious metal is now selling for Rs 47,900. …
Assam flood death toll rises to 24; situation improves marginally
Six more people perished in floods in Assam on Sunday, bringing the total death toll to 24, officials said, even as the water situation improved marginally. In 22 of the state’s 34 districts, about 7.19 lakh people have been affected. According to officials of the Assam State Disaster Management Authority (ASDMA), further deaths have been …
The Delhi government has requested a report on demolitions from BJP-run civic bodies
The Delhi government has requested a thorough report on the BJP-run civic authorities’ demolition drives that have been taking place around the city since April 1, according to official sources. This comes days after the three civic bodies undertook a series of anti-encroachment activities in various sections of the city, including Shaheen Bagh, Jahangirpuri Madanpur …
PM Modi meets with Sher Bahadur Deuba, his Nepalese counterpart, in Lumbini
Prime Minister Narendra Modi met with his Nepalese counterpart Sher Bahadur Deuba on Monday in Lumbini, the birthplace of Gautam Buddha, to discuss ways to deepen current cooperation and expand new areas in the comprehensive bilateral partnership. Modi visited Deuba after giving prayers at the historic Maya Devi shrine in the Himalayan nation at Deuba’s …
With a 5.3 percent rise, jet fuel costs are at an all-time high; this is the tenth increase this year
In keeping with a jump in global energy costs, jet fuel prices were boosted by a whopping 5.3 percent on Monday, marking the ninth consecutive increase this year. According to a price announcement issued by state-owned fuel dealers, the price of aviation turbine fuel (ATF), which lets planes fly, has increased by Rs 6,188.25 per …
PM Modi speaks in Bharuch’s ‘Utkarsh Samaroh’ and communicates with people
Prime Minister Narendra Modi spoke through video conference to “Utkarsh Samaroh” in Gujarat’s Bharuch on Thursday to commemorate the district’s 100% saturation of four key state government initiatives that will help deliver prompt financial assistance to individuals in need. During his speech, he chatted with the audience and discussed how the “Utkarsh Initiative” schemes benefited …