Sensex jumps by 137.27 points
MumbaI: Bouncing back from three-month lows,the BSE Sensex today rose by 137.27 points,the biggest jump in a month,to settle at 19,152.41. pti
Core Education shares crash 46%
Mumbai: Shares of Core Education plunged by 46.09 per cent settling at Rs 60.30 on speculation that its pledged shares are being sold by certain entities. pti
US warns Jubilant Life over violations
new delhi: Noida-based Jubilant Life Sciences has said that its manufacturing facility in Canada has been issued a warning by the US Food and Drug Administration for significant violations of good manufacturing practices regulations. FE
SBI raises FD rates by 0.25%
After slashing its base rate,State Bank of India (SBI) has increased its interest rate on fixed deposits by 0.25 per cent on select maturities.
Of the total 9 maturity periods for fixed deposits,rates have been revised upwards in 4 categories with maturities of over one year. The new rates would be effective from March 1. With the revision,the interest rate on 1-2 years fixed deposit would go up to 8.75 per cent from 8.50 per cent. Similarly,term deposit 2-3 years,3-5 years and 5-10 years would also earn higher interest rate of 8.75 per cent.
The bank has left interest rate unchanged for deposits less than 1 year.