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Yesterday’s big news was related to India-UK. Both countries signed a free trade agreement. Prime Minister Narendra Modi wrote on the social media platform x, ‘It was very happy to talk to his friend Prime Minister Kir Stmper. As a historical achievement, India and Britain have completed the free trade agreement as well as the double contribution convention successfully.
At the same time, Japanese company Sumitomo Mitsui Banking Corporation (SMBC) is planning to buy a large stake in the private sector bank of India. For this, SMBC has started talks with State Bank of India (SBI).
Today’s headlines before tomorrow’s big news, which will be seen …
- The stock market may see a decline today.
- The results of the fourth quarter of Dabur, Coal India and MRF will be released.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. UK’s luxury cars- branded clothes will be cheap in India: Both countries signed free trade agreement, PM Modi said- this is a historical achievement
India signed a Free Trade Agreement (FTA) with the United Kingdom (UK) to promote belator relations. Along with this, both countries also agreed to the double contribution convention. With this agram, UK’s luxury cars, branded clothes and footwear in India can be cheap.
Click here to read the full news …
2. SBI will sell its 20% stake in Yes Bank: Japan’s company SMBC ready to buy steak up to 51%, other companies including HDFC will also sell stake
Japanese company Sumitomo Mitsui Banking Corporation (SMBC) is planning to buy large stake in private sector bank Yes Bank in India. For this, SMBC has started talks with State Bank of India (SBI).
Yes Bank has a 23.97% stake in SBI, out of which it can sell 20% stake to SMBC. Along with this, SMBC can buy more than 6-7% stake from other share holders of Yes Bank.
Click here to read the full news …
3. MG Windsor EV Pro launches in India, price ₹ 12.49 Lakh: India’s first electric crossover utility vehicle, will run up to 449km on full charging
JSW MG Motor India has launched Windsor EV Pro in the Indian market. This is the first electric crossover utility vehicle in India, which was launched in September last year. Now the company has passed its new top variant.
It has a large battery pack of 52.9kwh, which will get a certified range of 449km on full charge. Many cosmetic changes have been made in the new Essence Pro variant of MG Windsor EV and many new features have also been added.
Click here to read the full news …
4. Loss of ₹ 545 crore to Paytm in the fourth quarter: Doubled against Q3, annual income declined by 11% to ₹ 2,135 crore
Paytm, a company providing online payment and banking service, has incurred a loss of Rs 545 crore in the fourth quarter of FY 2024-25. The company’s loss has decreased compared to the same quarter last year. In January-March 2024, the company had a loss of ₹ 551 crore.
Click here to read the full news …
5. Gold in a day became ₹ 1,606 expensive: Gold prices continue to rise, ₹ 1.10 lakh can go by the end of the year.
The price of gold and silver increased on 6 May. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has risen ₹ 1,606 to ₹ 96,888. Earlier, the price of 10 grams of gold was ₹ 95,282.
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6. Bank of Baroda shares fell by 11% after quarterly-deeds: Interest income declined 7%, profit of ₹ 5,047 crore; ₹ 8.35 dividend will give bank
Bank of Baroda’s shares fell 11% to close at Rs 222 on 6 May after the results of the fourth quarter of FY 2025. In the January-March quarter, the bank’s net interest income i.e. interest income has decreased by 7%. Due to this, this decline has come in shares.
However, standalone net profit has increased by 3.2% to Rs 5,047.7 crore. The company recorded a profit of Rs 4,886.5 crore in the March quarter last year. This is the biggest decline in the bank shares after 4 June 2024. Then its shares fell 16%.
Click here to read the full news …
Now read the news of your need …
Home loan of Bank of Baroda became 0.40% cheaper: ₹ 1.80 lakh will be saved on a loan of ₹ 30 lakh for 20 years, understand how much EMI will decrease
Bank of Baroda (BOB) has cut loan interest rates by 0.40%. After this deduction, it has become cheaper to take all types of loans from Bank of Baroda. Now the home loan interest rate of Bank of Baroda will start from 8% annually.
RBI has recently reduced the repo rate from 6.25% to 6.00%. After which banks have also started cutting the interest rates of FD and loan. Earlier, SBI and LIC Housing Finance had cut loan interest rates by 0.25%.
Click here to read the full news …
Tomorrow, see who should be the top-10 richest in the world…
Know the condition of tomorrow’s stock market and gold and silver …
Know the latest price of petrol-diesel and gas cylinders …
