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Bank of Baroda launches green term deposit scheme with 7.15% interest

Bank of Baroda launches green term deposit scheme with 7.15% interest

Bank of Baroda (BoB) has announced the launch of the bob Earth Green Term Deposit Scheme, aimed at raising deposits for financing eligible environment-friendly projects and sectors, the bank said in a release on Monday. The scheme offers customers the dual benefits of stable financial returns and contribution to a greener planet. It offers annual interest rates, ranging from 6.75 per cent for a tenure of 12 to 18 months to 7.15 per cent for 777 days. Additionally, for longer tenures of 1,111 days, 1,717 days, and 2,201 days, the interest rates are set at 6.40 per cent per annum. Funds collected through this scheme will be directed towards financing green initiatives such as renewable energy and clean transportation, said the bank.

Days after IED blast, Bengaluru's Rameshwaram Cafe to reopen today

Days after IED blast, Bengaluru's Rameshwaram Cafe to reopen today

Bengaluru's Rameshwaram Cafe where an explosion took place at the start of this month is set to reopen on Saturday. Raghavendra Rao, the owner of Rameshwaram Cafe informed that all precautionary measures have been taken to ensure security at the outlet.

"We are re-opening the cafe tomorrow. We start our day with the national anthem. It is our mantra. We have given all CCTV footage and information. We are cooperating with them. We are very thankful to the government for helping us reopen the cafe so soon. NIA will soon bring the culprit before us. We have taken all precautions before reopening," Rao told ANI.

Lok Sabha Polls 2024: PM Modi sarkar to see landslide victory, but ‘400 paar’ unlikely, opinion poll shows

Lok Sabha Polls 2024: PM Modi sarkar to see landslide victory, but ‘400 paar’ unlikely, opinion poll shows

Amid, PM Narendra Modi's claim ‘Ab ki baar, NDA sarkar, 400 paar…’, a survey shows though the alliance will witness a landslide win in the upcoming Lok Sabha elections 2024, it is likely to full short of 400 target by a few seats.

As per the TN-ETG Research survey, the NDA is likely to win 358-398 seats, while I.N.D.I.A might gain about 110 to 130.

Telecom spectrum auction for 8 bands starts from May 20, says DoT

Telecom spectrum auction for 8 bands starts from May 20, says DoT

Auctions for eight high-frequency spectrum bands will begin on May 20, the Department of Telecommunications (DoT) announced on Monday, inviting bid applications from telecom operators.

The last date for submission of bids is April 22. Applications for entering the auctions come with a non-refundable processing fee of Rs 1 lakh. The bids made would be valid up to September 30.

'Will neither safeguard peace nor...': China responds as India adds more troops at disputed border

'Will neither safeguard peace nor...': China responds as India adds more troops at disputed border

A spokesman for China's foreign ministry told the media on Friday that Beijing views India's decision to increase troop levels along its disputed border as "not conducive to easing tensions" between Beijing and New Delhi.

10,000 soldiers who had previously been stationed at the western border have reportedly been sent to reinforce the Indian Army's disputed border with China, according to a Bloomberg report. Senior Indian Army officials confirmed this information on the condition of anonymity.

Amit Shah holds late-night meeting with Maha CM, Dy CM on LS seat-sharing

Amit Shah holds late-night meeting with Maha CM, Dy CM on LS seat-sharing

Union Home Minister Amit Shah held a late-night meeting on Friday with Maharashtra Chief Minister Eknath Shinde and Deputy Chief Minister Ajit Pawar to discuss seat-sharing for the upcoming Lok Sabha elections.

The meeting took place at Shah's residence here in the national capital. At around 12:45 am, Maharashtra CM Shinde and Deputy CM Ajit Pawar were seen leaving from Shah's residence after the meeting.

LIC, private insurers lift new biz premium of life insurers by 48%

LIC, private insurers lift new biz premium of life insurers by 48%

Life insurers reported 48 per cent year-on-year (Y-o-Y) growth in new business premium (NBP) in February on the back of the strong increase shown by Life Insurance Corporation of India (LIC), coupled with robust performance by private insurers.

According to the data released by Life Insurance Council, the NBP of life insurance companies came in at Rs 33,913.18 crore, 48.43 per cent higher than the Rs 22,847.65 crore in the year-ago period.

PM to inaugurate, lay foundation of projects worth Rs 18,000 cr: Assam CM

PM to inaugurate, lay foundation of projects worth Rs 18,000 cr: Assam CM

Prime Minister Narendra Modi will inaugurate and lay the foundation of projects worth around Rs 18,000 crore during his two-day tour of Assam, Chief Minister Himanta Biswa Sarma said on Thursday.

Addressing a press meet here, Sarma said that Modi will, for the first time, visit UNESCO heritage site Kaziranga National Park and undertake a safari.

Telecom giants shift focus to tier-based post-paid tariffs to boost revenue

Telecom giants shift focus to tier-based post-paid tariffs to boost revenue

Indian telecom giants Reliance Jio, Bharti Airtel, and Vodafone Idea (Vi) are strategically encouraging customers to switch to tier-based post-paid tariff plans. This move aims to increase average revenue per user (ARPU) by catering to mobile users with higher data usage, according to a report by the Economic Times (ET).

Recognising the potential for revenue growth in the absence of headline tariff hikes, all three companies are reportedly leveraging post-paid family plans.

IIFL Finance jumps 10% after 2-day losses on Fairfax fund's infusion plan

IIFL Finance jumps 10% after 2-day losses on Fairfax fund's infusion plan

Shares of IIFL Finance rose 10 per cent on BSE to Rs 421 in Thursday’s intra-day trade, recovering from a 36 per cent slump seen in past two days. The gains came a day after Fairfax India Holdings Corp (Fairfax India) committed to give up to $200 million liquidity support to the NBFC.

Fairfax India is a Canada-based investment holding company, which holds 15.12 per cent stake in IIFL Finance through its Mauritius-based wholly owned subsidiary, FIH Mauritius Investments (FIH Mauritius).

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