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- Finance Minister Said – There Is A Need To Reduce Interest Rates On Loans
New Delhi44 minutes ago
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Yesterday's big news was related to the interest rates on loans to banks. Finance Minister Nirmala Sitharaman has said that banks need to reduce interest rates on loans. Nirmala Sitharaman said this at the SBI Banking and Economics Conclave 2024 on Monday (November 18).
At the same time, a big increase was seen in the prices of gold and silver on Monday (18 November). According to 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…
- Today we may see a decline in the stock market.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow's big news…
1. Banks need to reduce interest rates on loans: Finance Minister said – Borrowing cost is really high, we have to make interest rates affordable.
Finance Minister Nirmala Sitharaman has said that banks need to reduce interest rates on loans. Nirmala Sitharaman said this at the SBI Banking and Economics Conclave 2024 on Monday (November 18).
Nirmala Sitharaman said, 'Borrowing cost is really high. At a time when we want to promote industry and also increase capacity building, we have to make interest rates affordable.
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2. Gold prices increased by ₹ 1,069: reached ₹ 74,808; Silver became costlier by ₹ 2,186, price was ₹ 89,289 per kg
There was a big increase in the prices of gold and silver on Monday (18 November). According to 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 rising 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 made an all-time high of Rs 99,151 and on October 30, gold had made an all-time high of Rs 79,681.
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3. Stock market fell for the seventh consecutive day: Sensex fell 241 points and closed at 77,339, Nifty also fell by 78 points.
The stock market has seen a decline for the 7th consecutive trading day on Monday (18 November). Today the Sensex closed at 77,339 with a fall of 241 points. Nifty also fell by 78 points and closed at the level of 23,453.
Out of 30 Sensex stocks, 16 have seen a decline and 14 have seen a rise. IT and banking shares declined today. TCS shares have fallen 3.11% today. At the same time, growth has been seen in auto and FMCG shares.
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4. Apple supplier Foxconn changed job rules: removed marriage, age and gender columns; Previously married women were not being recruited
Apple supplier Foxconn has directed its recruitment agents in India to stop using age, gender and marital status criteria in job advertisements for iPhone assembly workers. This information has been received from a Reuters report.
The company has taken this decision after an investigation by Reuters. In this investigation, it was found that Foxconn's Indian recruiters did not hire married women for jobs in their man factory in Sriperumbudur near Chennai.
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5. Electric Activa will come with fully digital touch screen: The e-scooter will have a range of 104km on full charge, launching on November 27.
Honda Motorcycle & Scooter India is preparing to launch its first electric two-wheeler in India on November 27. This could be e-Activa. The company has released a teaser of the e-scooter, showing two different types of digital instrument clusters, which indicates that it will be offered in 2 variants.
The company says that this scooter will be as powerful as Activa 110 and it will get a range of 100km on a single charge. It will also be launched with swappable battery. The company recently introduced its concept model at the EICMA auto show held in Milan, Italy. After launch, it will compete with the TVS i-Cube, Ather Rizta, Ather 450X, Bajaj Chetak and Ola S1 range.
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Also see who were the top 10 richest people in the world yesterday…
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