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Latest news on October 15, 2024: SBI’s base rate is 10.40%, and the Benchmark Prime Lending Rate is 15.15% as of September 15. Home loan interest rates vary between 8.50% and 9.65%, influenced by the borrower’s CIBIL score.
Business News highlights Today: Follow for stories on Bill Gates, Elon Musk, Mukesh Ambani, Gautam Adani as we bring you everything that is happening in the world of business. Track latest gold and silver prices as well here. Stay on top of all things business with us. Disclaimer: This is an AI-generated live blog and has not been edited by Hindustan Times staff.…Read More
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Business News LIVE Updates : SBI cuts loan interest rate by 25 bps on this short-term tenure: Check latest lending rates
- The State Bank of India has reduced its one MCLR tenure interest rate by 25 basis points, effective October 15.
Business News LIVE Updates : Are investors being caution about Hyundai Motor India IPO? ‘Euphoria is over’
- Hyundai India’s $3.3 billion IPO excitement wanes as gray market premiums drop from ₹1,000 to ₹60. Despite being a major fundraising event, challenges loom.
Business News LIVE Updates : Hyundai IPO: How are investors responding to India’s biggest-ever issue?
- Hyundai India’s IPO saw a solid start, with 10% subscribed in two hours. Retail bids stood at 17%, while non-institutional investors accounted for 7%.
Oct 15, 2024 12:30 PM
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Business News LIVE Updates : India-Canada diplomatic ties at new low, but air connectivity soars to new high
- This winter, Air India is offering 21 weekly flights to Canada, all from Delhi with twice daily service to Toronto.
Oct 15, 2024 12:18 PM
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Business News LIVE Updates : At Blinkit, there is no ‘zero notice period’ policy anymore. Goal: Retain talent
- Blinkit increased notice period to two months to retain talent amid competition from firms like Zepto and Swiggy. This move aims to prevent poaching by rivals.
Oct 15, 2024 12:07 PM
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Business News LIVE Updates : Reliance misses profit estimate on poor show by energy units
- Reliance Industries Ltd. reported a 4.8% drop in net income to 165.6 billion rupees, missing analysts’ estimates for the sixth consecutive quarter.
Oct 15, 2024 10:53 AM
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Business News LIVE Updates : Tokyo Metro’s IPO to raise $2.3 billion in Japan’s biggest listing in six years
- Tokyo Metro is raising ¥348.6 billion ($2.3 billion) after the company priced shares at the top of the marketed range.
Oct 15, 2024 10:17 AM
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Business News LIVE Updates : Boom and crash: How have India’s biggest IPOs performed?
- Hyundai Motor India’s IPO worth ₹27,870.16 crore opens today, becoming India’s largest IPO ever, surpassing LIC’s record.
Oct 15, 2024 10:15 AM
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Business News LIVE Updates : Gold Rate Today 15-10-2024: Check latest prices in your city
- Gold And Silver rates Today: The price of 10 gm of 24 carat gold is Rs. 77783.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 100000.0/Kg in Delhi.
Oct 15, 2024 10:03 AM
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Business News LIVE Updates : Nvidia’s Jensen Huang is all praises for Elon Musk’s xAI supercomputer: ‘Superhuman’ feat
- Nvidia CEO Jensen Huang praised Elon Musk’s AI firm xAI for its extraordinary achievements, particularly in constructing the Colossus supercomputer.
Business News LIVE Updates : China’s ‘largest’ plan to boost economic growth is coming soon
- China plans to raise 6 trillion yuan through ultra-long special government bonds to stimulate its economy, with funds aimed at alleviating local governments.
Business News LIVE Updates : Meta’s Facebook, Instagram back up for most users in US after brief outage
- Facebook and Instagram were mostly restored after a US outage affecting thousands. Peak reports reached over 12,000 for Facebook and 5,000 for Instagram.
Business News LIVE Updates : Hyundai IPO opens today. Here’s what you need to know before investing
- Hyundai Motor IPO allotment is expected on October 18, with a tentative stock listing on BSE and NSE set for October 22.
Business News LIVE Updates : Nvidia could be world’s most valuable company soon, unseating Apple
- Nvidia shares reached a record high, nearing Apple’s market value. Investors are optimistic about Nvidia’s AI processors, driving stock up 2.4% to $138.07.
Business News LIVE Updates : Oil prices fall 3% as concerns ease on potential Iran supply disruption
- Oil prices dropped 3% in early Asian trade as Israel reportedly refrained from targeting Iranian oil, alleviating supply concerns.
Business News LIVE Updates : China moves to tax the ultra-rich for overseas investment gains
- China is enforcing a tax on overseas investment gains for the ultra-rich, targeting individuals with significant offshore assets.
News business Business News highlights Today October 15, 2024: SBI cuts loan interest rate by 25 bps on this short-term tenure: Check latest lending rates