Hyundai Motor Company has made a groundbreaking decision by appointing José Muñoz as its new Chief Executive Officer (CEO), effective January 1, 2025. This historic move marks the first time a foreigner will lead the South Korean automotive giant since its inception, highlighting a significant shift in the company’s leadership strategy aimed at enhancing global … Read more
State Bank of India has hiked the MCLR twice in the recent past. Country’s largest lender State Bank of India (SBI) has hiked funds-based lending rate (MCLR) by 5 basis points for several periods effective from Friday. The move comes even as interest rates have started to fall around the world and the RBI is … Read more
N Chandrasekaran, the Chairman of Tata Sons, recently shared his insights following the merger of Air India and Vistara, which was officially completed on November 12, 2024. This significant event marks a pivotal moment in the transformation of Air India into a “world-class global airline with an Indian heart.” In his LinkedIn post, Chandrasekaran expressed … Read more
The decline in Aadhaar-based digital payments, specifically through the Aadhaar-enabled Payment System (AePS), has raised concerns about financial inclusion in India. This system, which allows users to authenticate transactions using their Aadhaar number and biometric data, has seen a significant drop in both transaction value and volume over the past few years. Over the past … Read more
Guru Nanak Jayanti, also known as Gurpurab, is a significant festival celebrated to honor the birth anniversary of Guru Nanak, the founder of Sikhism. This year, it falls on November 15, 2024, and is observed as a public holiday in several states across India. Here’s what you need to know about bank closures and services … Read more
Seoul: North Korea has tested an explosive drone designed to strike targets with precision. Meanwhile, Kim Jong Un has talked about speeding up the mass production of these weapons. Government media gave information about this on Friday. The country conducted the test at a time when the US, South Korea and Japan are conducting joint … Read more
After the overthrow of Sheikh Hasina’s government, fundamentalism is gaining ground in Bangladesh. The head of the interim government of Bangladesh, Muhammad Yunus, is taking one decision after another which is against the original spirit of Bangladesh when it was founded. Along with this, Bangladesh is also likely to declare itself as an Islamic country. … Read more
Colombo: The National People’s Power Party (NPP) led by Sri Lankan President Anura Kumar Dissanayake has won an overwhelming majority in the parliamentary elections. Earlier, the NPP had secured 70 percent of the votes, according to preliminary results announced by 11 pm local time. The main opposition party Samagi Jan Balavegaya (SJB) and the National … Read more
Gold prices in India have recently dipped below the ₹70,000 mark, creating a buzz among investors and buyers alike. As of November 15, 2024, the price for 22-carat gold is notably lower across various cities, making it an opportune time for purchases. Current Gold Rates in Major Indian Cities Here’s a breakdown of the 22-carat … Read more
