SBI to raise $3 billion through long-term debt

IANS | June 12, 2024 11:37 AM

Mumbai, June 12 (IANS) State Bank of India (SBI) plans to raise up to $3 billion through long-term debt in the current financial year (2024-25), according to a stock exchange filing by the country’s largest bank.

Govt to ensure ease of living for all citizens: FM Sitharaman

IANS | June 12, 2024 11:22 AM

New Delhi, June 12 (IANS) Finance Minister Nirmala Sitharaman on Wednesday said the government is fully committed to ensuring ‘ease of living’ for its citizens and will continue to take further steps in this regard, as she took charge of the ministry under Modi 3.0.

After a super volatile week, all eyes on new Cabinet

Arun Kejriwal | June 9, 2024 1:55 PM

New Delhi, June 9 (IANS) It was an eventful and extremely volatile week for the stock market where one saw wild gyrations in both directions. At the end of it, it left the weak-hearted gasping for breath, waiting to recover their composure. The net price movement does not reflect the extent of wild swings that one saw.

Investors gain Rs 28 lakh crore in just 3 trading sessions as PM Modi set to begin 3rd term

IANS | June 7, 2024 3:57 PM

Mumbai, June 7 (IANS) As Prime Minister Narendra Modi was elected as leader of the NDA Parliamentary party amid the RBI’s monetary policy announcements, the Indian indices on Friday recovered from losses it suffered before the election results, giving investors Rs 28 lakh crore back in just three trading sessions, from over Rs 30 lakh crore loss they had suffered.