Business

[ad_1] SBI debit card charges: The State Bank of India (SBI) has recently announced revisions to the annual maintenance charges for certain debit cards, set to take effect from April 1, 2024. As per an ET report, these changes aim to streamline the fee structure and ensure continued service quality …

[ad_1] Chipmaker Nvidia has released a new superchip that it says will turbocharge artificial intelligence. Is this the start of a new power-hungry industrial revolution?It wasn’t a concert — Taylor Swift was nowhere to be seen. Still, thousands of people packed an arena in San Jose, California, to listen and …

[ad_1] What is the T+0 settlement system? India’s stock market has introduced the T+0 settlement system from today, joining a select group of countries adopting a shorter trade settlement cycle. This is the world’s fastest stock settlement system. The implementation will begin with a ‘beta version’ to ensure a smooth …

[ad_1] NEW DELHI: Billionaire Gautam Adani-led group on Thursday announced the start of the first phase of the world’s largest single-location copper manufacturing plant at Mundra in Gujarat, which will help cut India’s dependence on imports and aid energy transition.Kutch Copper, a subsidiary of group’s flagship firm Adani Enterprises Ltd, …

[ad_1] Ray Dalio has warned that China should cut its debt and ease monetary policy or face “a lost decade.” The billionaire founder of Bridgewater Associates said in a nearly 5,000-word post on LinkedIn that he agrees with Chinese President Xi Jinping’s warning of a 100-year period of unprecedented change …

[ad_1] Stock market today: BSE Sensex and Nifty50, the Indian benchmark equity indices, opened in green on the last trading day of the fiscal year. Markets will be closed on account of Good Friday holiday on March 29. BSE Sensex surged 150 points in opening trade, crossing the 73,000 level. …

[ad_1] MUMBAI: Govt plans to borrow Rs 7.5 lakh crore through auction of bonds of between 3-year and 50-year maturities during the first half of the next fiscal starting April 1. This makes up about 53% of its FY25 borrowing target of Rs 14.1 lakh crore, a release from the …

[ad_1] MUMBAI: RBI has relaxed its earlier norms on alternate investment funds, which required lenders to make full provisions for their investments in AIFs if the fund invested in a company that the bank lent to.Under the revised norms, provisioning is required only for the portion of the bank or …

[ad_1] Former president Donald Trump‘s Trump Media & Technology is powering higher on Wednesday after a stellar debut, as investors use it as a way to bet on his re-election campaign.Investors are flocking back to the parent company of Truth Social, driving shares up nearly 12% as of mid-Wednesday – …

[ad_1] MUMBAI: Consumers may have to pay more for their favourite bar of Cadbury or a pack of chocolate cookies as rising cocoa prices on the back of a global supply crunch translate to higher inputs costs for companies, who eventually may pass on a portion of the price increase …