India News Get -BusinessFinance Minister says: There is need to reduce interest rates on loans
The big news yesterday was interest rates on bank loans. Finance Minister Nirmala Sitharaman said banks should reduce interest rates on loans. Nirmala Sitharaman said this at the SBI Banking and Economic Conclave 2024 on Monday (November 18).
At the same time, a sharp rise in gold and silver prices was noted on Monday, November 18. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 1,069 to Rs 74,808. Earlier, its price was Rs 73,739 per ten grams.
Today’s headlines before tomorrow’s big news…
There may be a decline in the stock market today. The prices of gasoline and diesel do not change.
Now read tomorrow’s big news…
1. Banks must reduce interest rates on loans: Finance Minister said, “The cost of borrowing is really high, we need to make interest rates affordable.
Finance Minister Nirmala Sitharaman said banks should reduce interest rates on loans. Nirmala Sitharaman said this at the SBI Banking and Economic Conclave 2024 on Monday (November 18).
Nirmala Sitharaman said, “The cost of borrowing is really high. At a time when we want to promote the industry and increase capacity building, we need to make interest rates affordable.
2. Gold prices rose by ₹1,069: reached ₹74,808; Silver became dearer by ₹2,186, price was ₹89,289 per kg
Gold and silver prices rose sharply on Monday, November 18. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 1,069 to Rs 74,808. Earlier, its price was Rs 73,739 per ten grams.
At the same time, the price of silver is also increasing today. It increased by Rs 2,186 to Rs 89,289 per kg. Earlier, silver was at Rs 87,103. At the same time, on October 23, silver had touched an all-time high of Rs 99,151 and on October 30, gold had touched an all-time high of Rs 79,681.
3. Stock market fell for the seventh consecutive day: Sensex fell by 241 points and closed at 77,339, Nifty also fell by 78 points.
The stock market saw a decline for the 7th consecutive trading day on Monday, November 18. Today, the Sensex closed at 77,339 with a decline of 241 points. Nifty also fell 78 points and closed at 23,453 level.
Out of 30 Sensex stocks, 16 saw a decline and 14 saw a rise. IT and banking stocks fell today. TCS shares fell 3.11% today. At the same time, growth was seen in auto and FMCG stocks.
4. Apple supplier Foxconn changed work rules: removed columns on marriage, age and gender; Previously married women were not recruited
Apple supplier Foxconn has asked its recruitment agents in India to stop using age, gender and marital status criteria in job postings for iPhone assembly workers. This information comes from a Reuters report.
The company made this decision after an investigation by Reuters. During this investigation, it was found that Foxconn’s Indian recruiters were not hiring married women for jobs at their men’s factory in Sriperumbudur, near Chennai.
5. Electric Activa will come with a fully digital touchscreen: the electric scooter will have a range of 104 km on a full charge, starting November 27.
Honda Motorcycle & Scooter India is gearing up to launch its first electric two-wheeler in India on November 27. It could be e-Activa. The company has released a teaser of the electric scooter, showing two different types of digital instrument clusters, which indicates that it will be offered in 2 variants.
The company claims that this scooter will be as powerful as Activa 110 and will have a range of 100 km on a single charge. It will also launch with a replaceable battery. The company recently showcased its concept model at the EICMA auto show held in Milan, Italy. Post launch, it will compete with TVS i-Cube, Ather Rizta, Ather 450X, Bajaj Chetak and Ola S1 series.
Also find out who the 10 richest people in the world were yesterday…
Know the state of tomorrow’s stock market and gold and silver…
Know the latest price of gasoline, diesel and gas cylinders…