Mamta Roy, Author at Talk To Iconic

Stock market began the week with a strong comeback, shares of auto companies were up

The stock market started the week well. After a fall of about 1300 points on Thursday and Friday, the market made a strong comeback today on Monday.

Sensex and Nifty closed higher today with a rise in shares of automobile manufacturers. At the end of today’s trading, the National Stock Exchange’s Nifty closed at 18420 with a gain of 151 points. While the Sensex closed at the level of 61806.19 with a gain of 468 points.

Shares of auto companies were at the forefront of today’s rally. Apart from this, Infra, and FMCG sectors also dominated the Sensex.

ICICI Bank increased interest rates on fixed deposits, this is the maximum interest rate

Bank interest rates have begun to rise as a result of the RBI’s hike in the repo rate. Along with an increase in loan interest rates, interest rates on bank savings have also begun to rise.

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The second-largest private sector bank in the nation, ICICI Bank, followed SBI and HDFC Bank in raising interest rates on fixed deposits, or FDs, from 0.25 percent to 0.50 percent.

The interest rates on Fixed Deposits under Rs 2 crore have risen at ICICI Bank. The bank raised the rate of interest on FDs that are older than 46 days.

In addition, the interest rate on FDs with terms longer than one year has been raised by 0.50 percent. The bank offers older people a maximum interest rate of 7.50%. The bank’s new rates went into effect on December 16th.

The repo has been raised by the RBI five times so far this year. In the bi-monthly monetary policy review on December 7, the central bank raised the repo rate by an additional 0.35 percent to 6.25 percent with the goal of lowering inflation.

Crowd will not be found at Delhi Airport, know what major changes have happened at Terminal-3

On Wednesday morning, travelers moved without difficulty through all of Terminal 3’s entry gates at Delhi’s Indira Gandhi International (IGI) Airport. The average wait time was now under five minutes.

Both Indigo and Air India asked customers to come three and a half hours before the flight in travel advisories they both issued on Tuesday. For a quick security check, both airlines advised customers to only bring one piece of cabin luggage.

Terminal 3 Update at 05:30 hours

Smooth passengers movement observed at all terminal entry gates with an average waiting time of 0-5 minutes.
Smart Travel Tip: For a Significantly faster experience at every touch point, we recommend domestic passengers to use #DigiYatra pic.twitter.com/zbR0eLLJrU
— Delhi Airport (@DelhiAirport) December 14, 2022

The Delhi airport is experiencing an increase in customers, according to the airlines, which is taking longer for boarding and check-in. For domestic flights, passengers must arrive 3.5 hours in advance, while for international flights, they must arrive 4 hours in advance. They should also only bring one cabin bag for the security check.

The Delhi Airport advised using Digi Yatra for a better experience. And no T3 gate has a wait time of more than five minutes.

In light of the massive throng at the Delhi airport, this warning has been given. On social media, travelers documented the lengthy lines and large crowds at the airport. On Monday, the authorities developed a fresh strategy in response. Jyotiraditya Scindia, the minister of civil aviation, arrived at Terminal 3 after the action plan to survey the setup.

In the meanwhile, the Ministry of Civil Aviation has sent a letter to all airlines on airport congestion, requesting that they provide real-time information on their social media pages regarding the wait times at certain airport entrance gates to help customers avoid difficulties.

In order to reduce congestion at airports and ensure smooth passenger flow, the ministry advised airlines to pre-deploy all check-in counters with adequate staff.

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Inflation has come down since two months, hope of getting relief from rising home loan and EMI

The inflation rate in India has been falling over the past two months. The cycle of policy rate increases is set to come to a stop as November’s retail inflation rate dropped to 5.88%. In research released on Monday, economists from SBI, the largest bank in the nation, provided this information.

The RBI is in charge of controlling inflation between 2 and 6 percent. According to economists, the retail inflation data for November is positive for putting a halt to the cycle of policy rate increases.

The RBI‘s strong monetary policy approach, according to the research, might aid in bringing domestic inflation under control. It has been said that the Federal Reserve, America’s central bank, may need to raise the policy rate until the country’s inflation is under control. This will result in more capital leaving emerging markets. The currency rate will fluctuate, and the value of the rupee will decrease.

However, according to experts, between December 2022 and January 2023, the headline inflation rate might increase once again to 6.5 to 6.7 percent. While it is anticipated to drop further to 5% by March 2023.

Repo rate increased 5 times

To combat inflation, the central bank has raised the policy rate repo by 2.25 percent five times since May. In its monetary policy review from last week, the Reserve Bank forecast that inflation would fall to 6% in the quarter between January and March.

Congress leader Raja Pateria arrested for giving statement on assassination of PM Narendra Modi

Madhya Pradesh: Raja Pateria, a Congress member who caused controversy with his threat to assassinate Prime Minister Narendra Modi, was taken into custody by the Madhya Pradesh Police from Damoh today, or Tuesday.

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When Pateria arrived at the Pawai Rest House in Panna to represent the District Congress Committee for a meeting of Mandal Sector Presidents, he made this statement. Following his remarks, a number of Bharat Janata Party officials voiced their displeasure.

Raja Pateria was arrested from Hatta (Damoh) today. He is currently in Pawai. IPC Sections 115 & 117 were added to sections 451, 504, 505, 506, 153b. He will be produced before Pawai court. These are non-bailable sections but it is up to the Court. This is a serious matter: MP HM pic.twitter.com/hnPi6DoheT
— ANI MP/CG/Rajasthan (@ANI_MP_CG_RJ) December 13, 2022

Raja Pateria, a leader of the Congress, was the subject of an FIR that was to be filed on Monday by Madhya Pradesh’s home minister, Narottam Mishra. Since then, there has been worry about his capture.

Video of Patria’s statement went viral

Patria is seen claiming in a video that has gained a lot of attention that “Modi will complete the election, he will split on the basis of religion, caste, and language.” Tribal Dalits’ quality of existence is in jeopardy. He is also seen saying contentious things against Prime Minister Modi. BJP leader Rajpal Singh Sisodia responded to his comments by saying that this represents the true face of the Congress.

Bhupendra Patel will take oath as CM for the second consecutive time on Monday, PM Narendra Modi will also attend

Following the BJP‘s overwhelming victory in the Gujarat Assembly, the swearing-in ceremony will take place today. This election was won by the BJP. The Bharatiya Janata Party received a record 156 seats this time.

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Bhupendra Patel will take the oath of office as Gujarat’s chief minister for a second time on Monday following the BJP’s historic victory in that state. The swearing-in event will start at 2:00. The Bhupendra Patel government’s several ministers are also taking their oaths today along with the chief minister. In order to attend the swearing-in event, Prime Minister Narendra Modi traveled to Ahmedabad late on Saturday night.

Prime Minister Narendra Modi arrives at Helipad Ground in Gandhinagar to attend the swearing-in ceremony of Gujarat-CM designate Bhupendra Patel. pic.twitter.com/5aVbEhyBoW
— ANI (@ANI) December 12, 2022

At 2 pm, Bhupendra Patel will take the oath of office as the 18th Chief Minister in Gandhinagar, next to the new secretariat. The oath of office and secrecy will be given to him by Governor Acharya Devvrat.

Gujarat, The BJP legislators have all begun arriving at the Hotel Leela in Gandhinagar. Lunch has been scheduled for all 156 MLAs. Ten other CMs will take part in addition to Eknath Shinde, the chief minister of Maharashtra.

Tata Group may introduce exclusive Apple Store in India, read report

In India, the Tata Group may open an exclusive Apple Store shortly. This information was found in an ET report. For this, the iPhone manufacturer will reportedly collaborate with Tata’s Infinity Retail, which manages the Croma Store chain.

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According to a retail expert who is aware of this, Tata has begun negotiations with upscale malls and high streets for space.

The partnership between Tata and Apple coincides with the opening of the company’s first flagship in March.

Let us inform you that Foxconn, Wistron, and Pegatron are Apple’s three primary Indian suppliers. The iPhone 14 is now made in India as well. Let us inform you that Foxconn is home to the largest iPhone production plant. It is situated in China‘s Zhengzhou.

Putin warned that ‘under threat of attack from the enemy will strike first’; Russia does not lack missiles

The enemy may emulate America’s tactic of attacking first in response to an assault threat, Russian President Vladimir Putin warned on Friday. The enemy possesses the weaponry to do so.

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At a meeting of the Economic Alliance of former Soviet states in Kyrgyzstan, Putin remarked in reference to US policies, “We are merely thinking about it.” In recent years, he has not been reluctant to discuss it freely.

Regarding the US plans to create a so-called “conventional rapid global strike” capability, which calls for attacking a conventional target anywhere in the globe within an hour, the Kremlin has expressed worry for years.

He asserted that while the US has not yet deployed hypersonic weapons capable of such an assault, Russia has already done it.

Additionally, he asserted that Russia currently possesses cruise missiles with a range greater than that of the United States.

According to Putin, the US has not ruled out the idea of using nuclear weapons as a first resort. “It requires us to think about the dangers posed by such concepts in the defensive posture of other nations,” he added. “If a prospective adversary thinks that it can pursue a strategy of attack under the cover of the threat of attack and we do not. Is.’

Nuclear weapons can be deployed by Biden

Under the condition of anonymity, a US official said that President Joe Biden’s Washington-based aides had referred to Putin’s remarks as “war incitement.” He forewarned Biden about the potential use of strategic nuclear weapons. According to the source, Russian military doctrine has long believed that Moscow has the authority to deploy nuclear weapons as the first line of defense against all-out military assault.

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BJP will create this new record on Gujarat victory, party will get big advantage in Rajya Sabha

The BJP effectively swept the field of the opposition parties in the Gujarat assembly elections by winning by a landslide margin. The BJP will now have a significant edge in the Rajya Sabha thanks to Gujarat’s historic victory and large majority.

PM Narendra Modi said that the people of Gujarat have made a record even in breaking records. Gujarat’s citizens have made new history by delivering the BJP the largest mandate in the state’s history.

BJP will make this new record

With these outcomes, the BJP will set a new record in Gujarat and the Rajya Sabha. In fact, the results from Thursday have given the BJP such a solid basis in the Upper House of Parliament that shortly all 11 of Gujarat’s Rajya Sabha representatives will be from the party.

Regarding the Rajya Sabha’s current makeup, there are currently 3 members of the Congress and 8 members of the BJP from Gujarat. The three seats in the Upper House that will become vacant in August of next year will be filled by members of the BJP.

In the elections to be conducted in April 2024 and June 2026, respectively, the BJP will gain two more seats out of the four available seats, bringing its total number of Rajya Sabha MPs in Gujarat to 11.

Even if the states with only one Rajya Sabha MP are eliminated, the five states with a single party now holding every seat in the Rajya Sabha are Himachal, Delhi, Punjab, Telangana, and Uttarakhand.