After nearly 10 months, the State Bank of India (SBI) has increased FD interest rates. The last hike occurred in February 2023. Explore the latest rates on SBI fixed deposits, with an up to 50 basis points raise on deposits below Rs 2 crore. The enhanced FD rates are effective from 27th December 2023 and apply to deposits exceeding Rs 2 crore as well. SBI Boosts FD Returns The State Bank of India (SBI) has implemented significant interest rate hikes on fixed deposits (FDs) maturing within various tenures. Here’s a breakdown of the revised rates: 7 to 45 Days Tenure:…
Author: Editorial Team
On Salman Khan’s birthday, the industry united to wish the actor on his special day. Karan Johar, in a heartfelt note, reminisced about Salman’s pivotal role in Kuch Kuch Hota Hai, highlighting how Salman’s presence added a unique charm to the film. Wishes Poured in on Salman Khan’s Birthday Celebrating his 58th birthday, Riteish Deshmukh, Neha Dhupia, Ramesh Taurani, and others sent heartfelt wishes to Salman. On Instagram, Karan Johar shared a lengthy note, wishing Salman and recalling how the superstar joined his directorial debut, Kuch Kuch Hota Hai. Confirming their collaboration, Johar announced the project titled “The Bull,” marking…
Wipro has taken action to sue Jatin Dalal, who has worked as a CFO previously in the company. Jatin held different posts in the company for 20 years. The leading Bengaluru-based IT company of India is pursuing the case in Bengaluru’s civil court. Aparna Iyer will take the place of Jatin and hold the position of the new CFO. The company has made the declaration about Iyer’s appointment in the regulatory filings. Apart from Dalal, several other top-level officials have quit their jobs at the firm. According to Moneycontrol sources, Thierry Delaporte will also be removed from the company soon.…
RBI and the Monetary Policy Committee have taken several steps in 2023 to fight the problem of inflation. The beginning of 2023 saw an inflation rate of about 6.5%. To tame it, RBI took the initiative to change its policies in the current year. Apart from this, it also adjusted the interest rate multiple times. These steps aim to promote economic growth and stability. Shaktikanta Das, the RBI governor said they would be maintaining Arjuna’s eyes on the rise of inflation. He has referred to Arjuna’s analogy several times to emphasise that RBI wants to lower the rate of inflation…
Global sensation V and American singer UMI have officially confirmed their collaboration on a new song, ‘Wherever u r.’ The ‘Layover’ singer V of BTS has joined forces with American R&B songstress UMI to create a brand new track. BIGHIT MUSIC and UMI shared the announcement on their respective social media platforms. Fans across all social platforms are expressing tremendous excitement, with the hashtag ‘V is Coming’ trending due to the anticipation surrounding this unique and unexpected collaboration that beautifully fuses V’s heartfelt vocals with UMI’s seamless melodies, creating a romantic harmony. ‘Wherever U R’ Release The forthcoming release of…
The Color Purple, a musical drama based on Alice Walker’s Pulitzer Prize-winning novel and concurrent Broadway play, graced theatres on Christmas Day. Ma Gardley and Blitz Bazawule wrote and directed this 2-hour, 20-minute spectacle, rated PG-13 for mature content. The highly anticipated film marks nearly 40 years since Whoopi Goldberg’s 1985 original. This isn’t a mere remake; both films draw from Alice Walker’s titular novel, yet the 2023 adaptation breathes new life into the Broadway musical that enthralled audiences from December 1, 2005, to February 24, 2008. Witness the magic as The Color Purple, a cinematic gem, unfolds its Broadway-inspired…
The Income Tax (I-T) department is meticulously scrutinizing TDS claims by employees and declarations by employers, comparing figures under various heads such as house rent allowance, medical insurance, home loans, and tax-saving investments. Any disparity can attract scrutiny, affecting both employers and employees. They are currently conducting a line-wise reconciliation of numbers under various heads, such as house rent allowance, medical insurance, payments on home loans, tax-saving investments under 80c, etc. In early December, authorities served notices under Section 133C to several companies in Mumbai, Delhi, and other major cities. This section, introduced in 2014-15, empowers authorities to request information…
On December 22, Bisleri, India’s leading mineral water brand, announced Deepika Padukone as its first-ever global brand ambassador in the campaign, Bisleri #DrinkItUp. The campaign, a novel approach to hydration filled with excitement and enjoyment, features Padukone dancing to a contemporary rendition of the iconic song ‘Jhoom Jhoom Jhoom Baba’ while savoring the pure refreshment of water. Deepika Padukone Joins as Ambassador for #DrinkItUp Campaign Jayanti Chauhan, Vice Chairperson of Bisleri International Pvt. Ltd, expressed enthusiasm about having Deepika Padukone on board, stating, “Bisleri is synonymous with hydration. Our new campaign, Bisleri #DrinkItUp, embraces the fun and excitement of visualizing…
The movie Salaar is becoming a hit among fans. Salaar opening day collection reached Rs 48.94 crore, received as advance booking. Earlier, it was thought that Dunki’s huge success may negatively impact Salaar, but the Prabhas starrer Salaar has surpassed it in earnings. Salaar Opening Day Collection More Than Dunki Salaar has received a great response that is reflected in the booking in the box office reports on 22nd December. The movie got a revenue of 48.94 crore rupees through the bookings that the audience made. This is the earnings on the first day of its release. It is expected…
The central government has approved the release of ₹72,961 crores as an additional instalment of tax devolution to state governments to finance various social welfare measures and infrastructure development schemes. This move aims to strengthen the hands of state governments in financing these initiatives. Additional Tax Devolution of ₹72,961 Cr for States The Union Government, in addition to the tax devolution instalment due to states on January 10, 2024, and the already released ₹72,961.21 crore on December 11, 2023, has authorized the release of an extra instalment of tax devolution amounting to Rs 72,961.21 crore. This move aims to strengthen…