Yesterday’s big news was related to Vodafone-Idea. After Reliance Jio and Bharti Airtel, Vodafone-Idea (VI) has also announced a hike in mobile tariff by about 20%. At the same time, Reliance Industries has become India’s first company with a market cap of Rs 21 lakh crore. Before tomorrow’s big news, today’s major events, which will be in focus… Now read tomorrow’s big news… 1. After Jio-Airtel, VI recharges also became expensive by 20%: ₹179 plan will now be available for ₹199, new rates will be applicable from July 4 After India’s two largest telecom operators Reliance Jio and Bharti Airtel, Vodafone-Idea (VI) also announced a hike in mobile tariff by about 20% on Friday 28 June. The company has given this information in the exchange filing. VI’s cheapest plan of Rs 179 will now be available for Rs 199. It offers 28 days validity, unlimited calling and 2GB data. Whereas, the plan of Rs 269 will be available for Rs 299. It offers unlimited calling and 2GB data daily with 28 days validity. The new rates will be applicable from July 4. Whereas, Jio announced plans with new rates yesterday i.e. on 27 June and Airtel on 28 June morning. The updated plans of both these companies will be applicable from July 3. Click here to read the full news… 2. Reliance’s market cap crosses Rs 21 lakh crore: The first company in the country to achieve this milestone, share reaches all-time high Reliance Industries has become the first company in India with a market cap of Rs 21 lakh crore. After Jio’s announcement of making recharge plans costlier by 25%, today the share of Reliance rose by about 2% to a record high of Rs 3,162. Due to this, the market cap of the company has increased. 4 months ago in February 2024, the company crossed the market cap of Rs 20 lakh crore for the first time. Earlier, the company crossed the level of Rs 15 lakh crore in September 2021. In 2019, the market cap of Reliance Industries crossed Rs 10 lakh crore. Click here to read the full news… 3. Sukanya Samriddhi Yojana will continue to get 8.2% interest rate: No change in interest rates of all small savings schemes for the July-September quarter of FY25 The government has not made any change in the interest rates of all small savings schemes for the July-September quarter (Q2FY25). The Finance Ministry has given this information by issuing a notification on Friday (June 28). Earlier, no change was made in the interest rates of all small savings schemes for the April-June quarter (Q1FY25). This means that for the July-September 2024-25 quarter, the interest rate on Public Provident Fund (PPF) will continue to be 7.1% and on Sukanya Samriddhi Yojana 8.2%. The government also keeps an eye on the country’s liquidity situation and inflation before taking a decision on the interest rates of small savings schemes. However, the interest rates on small savings schemes including PPF, NSC and KVP are reviewed every quarter. Interest rates on small savings schemes range from 4% to 8.2%. Click here to read the full news… 4. Stock market fell after making all-time high: Sensex closed at 79,032 with a decline of 210 points, Nifty also fell 33 points The stock market made an all-time high for the fourth consecutive day on June 28. During early trade, the Sensex made a high of 79,671 and the Nifty 24,174. However, the market later saw a decline. After trading for the whole day, the Sensex closed at 79,032 with a decline of 210 points. At the same time, Nifty also fell by 33 points, it closed at 24,010. Out of 30 Sensex stocks, 19 declined and 11 rose. Click here to read the full news… 5. Motorola Razr 50 Ultra will be launched on July 4: It has Google AI-Gemini, 4-inch external display and reverse charging; Expected price ₹75,000 Smartphone maker Motorola is going to launch ‘Motorola Razr 50 Ultra’ in India next week i.e. on July 4. The smartphone has a 6.9-inch full HD + pOLED internal display with 144Hz refresh rate. At the same time, the company has given a 4-inch external display in it. Motorola claims that the display of Razr 50 Ultra is the largest compared to the display of any foldable phone. The company has shared it on its social media handle X and e-commerce website Amazon. The company has given Google’s Generative Artificial Intelligence (AI) feature to this smartphone. Click here to read the full news… Now read the news of your need… Option to invest in contra fund for better returns: Its money is invested in under-performing stocks, gave a return of up to 57.54% in 1 year If you want to invest in stocks that are not performing well right now, but can give better returns in the coming time. However, for this you have to look at the fundamentals of the companies, for which a lot of research has to be done. For this, you have to take out separate time apart from your work. In such a situation, if you do not have so much time, then you can invest in contra mutual funds. Investors who invest in contra funds also invest their money in stocks of companies that are not performing well at present. Click here to read the full news… Fraud allegations against Grow: User claims – investment money was lost; what are the learnings for investors from this incident Investing platform Grow has been accused of fraud. The user claimed that he invested Rs 10,000 in Parag Parikh Mutual Fund Scheme in 2020. The investment transaction was successful and the folio number of the investment was also generated. But when he wanted to redeem, it was found that the investment had not been made. In this case, the important components of the investment were ignored by both Grow and the investor. Grow said that a technical fault occurred and it will be rectified. But, there are many lessons for investors in this whole matter, which they should keep in mind before and throughout the investment. Click here to read the complete news… Also see who were the top 10 richest people in the world yesterday… Know the status of yesterday’s stock market and gold-silver… Know the latest prices of petrol-diesel and gas cylinders…
