PNB cuts interest rate on education loans by 0.20 percent

PNB cuts interest rate on education loans by 0.20 percent

New Delhi, June 3 (H.S.): Punjab National Bank (PNB) has cut interest rates on education loans under the Vidyalakshmi scheme by 20 basis points to 7.5 percent. This move aims to enhance accessibility to education. The Vidyalakshmi scheme, also known as PM-Vidyalakshmi, provides financial assistance to students for quality higher education without requiring collateral or…

Stock market declines continue, losing ₹2.40 lakh crore; Sensex drops

Stock market declines continue, losing ₹2.40 lakh crore; Sensex drops

Delhi, 3 June (H.S.): The stock market faced a decline for the third consecutive trading day, resulting in an investor loss of ₹2.40 lakh crore. The Sensex dropped nearly 1,200 points during intraday trading. On June 3, the trading session commenced with gains but swiftly transitioned to losses due to mounting selling pressure. Buying support…

Brazil committed to supporting India's fight against terrorism

Brasilia (Brazil), June 3(HS):Brazil has affirmed its support for India’s anti-terrorism initiatives targeting threats from Pakistan. An Indian parliamentary delegation, led by Congress MP Shashi Tharoor, engaged with Brazilian leaders to discuss the aftermath of India’s Operation Sindoor. Tejasvi Surya, a BJP MP, noted that Brazilian officials clearly condemned cross-border terrorism and expressed their solidarity…

Gold and silver prices rise in bullion market

Gold and silver prices rise in bullion market

New Delhi, June 3 (H.S.): Today, gold prices in the domestic bullion market rose significantly, with an increase of ₹1,200, placing 24-carat gold between ₹98,910 and ₹99,060 per 10 grams. In contrast, 22-carat gold is priced between ₹90,700 and ₹90,850 per 10 grams. Silver showed a slight increase as well, reaching ₹1,00,100 per kilogram in…

South Korea to elect its next president today, voting begins

Seoul, June 03 (HS): South Korea holds a presidential by-election, with voting starting at 6 AM at 14,295 polling stations today. This election follows the removal of former President Yoon Suk-yeol by the Constitutional Court in April. The new president will assume office on Wednesday and serve until June 2030. Voting concludes at 8 PM,…

Prostarm Info Systems shines in stock market debut

Prostarm Info Systems shines in stock market debut

New Delhi, June 3(HS): Prostarm Info Systems, specializing in voltage stabilizers, UPS, and inverter systems, successfully debuted on the stock market with their IPO priced at ₹105. Shares opened at ₹125 on BSE and ₹120 on NSE, rising briefly to ₹130 before declining due to profit-booking, ultimately trading at ₹121 after the first hour. The…

Terrorist attack in Pakistan kills seven Baloch fighters

Islamabad, June 3(HS): In the past 24 hours, two police stations in Pakistan were targeted in attacks, which were successfully thwarted by law enforcement. The incidents took place in the Bajaur and Bannu districts of Khyber Pakhtunkhwa province. Police Inspector General Zulfiqar Hameed commended the police for their bravery in repelling the attackers and announced…

Blue Water Logistics boosts IPO investor support in stock market

Blue Water Logistics boosts IPO investor support in stock market

New Delhi, June 3 (H.S.): Blue Water Logistics debuted on the stock market today, with shares issued at ₹135 under its IPO. The listing on the NSE’s SME platform saw an initial gain of 4.44%, reaching ₹141. As buying increased, shares climbed to ₹146, reflecting an 8.15% profit by 11:15 AM. The IPO raised ₹40.50…