Yesterday’s big news was related to Bank of India. The country’s largest public sector bank State Bank of India (SBI) has increased the interest rates on fixed deposits (FD). SBI has increased the interest rate on FD from 46 days to 179 days from 4.75% to 5.50%. At the same time, some withdrawal claims of Employees Provident Fund (EPF) will now be settled in just 3 days. EPFO has introduced auto-mode settlement for advance claims for medical, education, marriage and housing purposes. Before tomorrow’s big news, today’s major events to keep an eye on… Now read tomorrow’s big news… 1. SBI increased FD interest rates by 0.75%: Now available on FDs of 180 to 210 days. 6% return, see new interest rates The country’s largest government bank State Bank of India (SBI) has increased the interest rates of fixed deposits (FD). SBI has increased the interest rate on FD from 46 days to 179 days from 4.75% to 5.50%. Whereas on FD from 180 days to 210 days, interest will now be 6.00% instead of 5.75%. Similarly, on FDs of maturity period between 211 days to less than 1 year, interest will now be 6.25% instead of 6.00%. There has been no change in the interest rates for the remaining period. These interest rates have come into effect from May 15. These interest rates are for FDs of less than Rs 2 crore. Click here to read full news… 2. Now EPF claim will be settled in 3 days: Facility will be available only for medical, education, marriage and housing purposes, earlier it used to take 15-20 days for Employees Provident Fund (EPF). Some withdrawal claims will now be settled in just 3 days. EPFO has introduced auto-mode settlement for advance claims for medical, education, marriage and housing purposes. This will eliminate human intervention and speed up processing. Till now, claim settlement took roughly 15-20 days. This used to happen because EPFO used to check details like EPF member’s eligibility, documents, KYC status of EPF account, bank account before settling the claim. Click here to read the full news… 3. Rise in the prices of gold and silver: Gold reached Rs 72,725, silver was being sold at Rs 84,206 per kg. There has been an increase in the prices of gold today i.e. on 15th May. According to India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold has become costlier by Rs 390 and reached Rs 72,725. There has also been a rise in the price of silver today. One kg of silver has become costlier by Rs 166 and is being sold at Rs 84,206 per kg. Earlier, silver was at Rs 84,080 per kg. Click here to read the full news… 4. Facebook-Instagram accounts of many users down: Difficulty in refreshing the feed, social media apps Facebook and Instagram were down even two months ago. On May 15, many users across the world Are down for. Hundreds of users on Down Detector reported issues with these apps. Users are having trouble refreshing their feed. Facebook and Instagram have not yet issued any official statement related to the outage. The reason for this outage is still not clear. There is no information about how much time it will take to recover. Click here to read full news… 5. 50,000 units of Mahindra Bookings for the You can book it online and offline by paying a token amount of Rs 21,000. Its delivery will be done from 26th May. It is India’s first compact SUV in the sub-4 meter SUV segment equipped with features like panoramic sunroof, level-2 ADAS safety feature, auto hold, electronic parking brake and dual zone climate control. This car is the facelift version of XUV300, which was launched in the Indian market on April 29 with a new name. Click here to read the full news… Now read the news you need. AI will stop fraud, Math-Physics questions will be solved: You will be able to create HD videos with text commands, new AI features launched in ‘Google I/O’ event. Google’s annual developer conference ‘Google I/O 2024’ event took place on Tuesday (May 14). Google did not launch any new device in this event this year. The main focus of the company was on AI features. Company CEO Sundar Pichai started the event. He said, ‘Gemini 1.5 Pro has now been made available to developers and consumers globally. Along with this, Google introduced many features including AI powered search, on-device AI, real-time scam protection, AI video model – VEO and Imagen 3. Click here to read the full news… Also see who were the top 10 richest people in the world yesterday… Know the condition of share market and gold and silver tomorrow… Price of petrol, diesel and gas cylinder Know the latest price…
