State Bank of India (SBI) has announced its first-quarter results for fiscal year 2024-25 (Q1FY25), revealing that its board has approved fundraising of up to ₹ 25,000 crore via tier-1 and tier-2 bonds. This move aims to bolster the bank’s financial position and is subject to the approval of the Government of India where necessary.
Ambuja Cements, owned by billionaire Gautam Adani’s Group, has announced a significant investment of ₹ 1,600 crore in Bihar. This marks the largest investment in the state by a cement industry player and will see the establishment of a cement grinding unit with a capacity of six million tonnes per annum (MTPA) at Warisaliganj, Bihar.
Shooting sensation Manu Bhaker has been making waves at the Paris Olympics 2024. While she has already achieved history by securing two bronze medals, she narrowly missed out on a third medal in the women’s 25m pistol, finishing fourth. Despite the near miss, Bhaker’s performance continues to inspire.
Political tensions have escalated following allegations made by dismissed cop Sachin Waze against former Maharashtra home minister Anil Deshmukh. Nationalist Congress Party (NCP) leaders Rohit Pawar and Jayant Patil have rejected these allegations, raising suspicion about the timing of Waze’s statement and targeting Deputy CM Devendra Fadnavis.
Rescue efforts continue in landslide-hit areas of Kerala’s Wayanad, entering their fifth day. Over 200 people are still missing, with a tragic death toll of around 308 reported. Eighty-one injured individuals are receiving treatment at various hospitals. The Karnataka government has announced plans to construct 100 houses for those affected by the disaster.
The Income Tax Department has reminded taxpayers about the provision to file an updated income tax return (ITR-U). This option allows individuals to rectify errors in their ITRs and make necessary amendments.
Devastating cloudbursts have wreaked havoc in various parts of Himachal Pradesh, with at least 50 people feared dead. Rescue operations are underway to locate missing individuals. The village of Baladi has been cut off from Kullu due to the severe impact of the cloudbursts.
