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  • Gold Price Today: China pulls plug on buying, yellow metal plunges Rs 1,200/10 gram, silver by Rs 3,300/kg07 Jun, 2024 05:58 PM ISTGold prices fell on Friday due to Chinese central bank halting purchases after hitting record highs. According to analysts, the record rally in gold has been a trigger behind the move.
  • Bengaluru to face electricity cuts over next six days. Check out the affected areas, date and timings07 Jun, 2024 05:54 PM ISTMaintenance works by KPTCL and Bescom will cause power supply interruptions in Bengaluru until June 12, affecting various areas. Meanwhile, heavy rainfall is expected in multiple regions including Maharashtra, coastal and north interior Karnataka, and Madhya Maharashtra.
  • Here’s what India’s top money managers are buying post elections07 Jun, 2024 12:57 PM ISTStock pickers at ICICI Prudential Asset Management Co. and HDFC Asset Management Co. are turning wary of small-caps and stocks that look overheated, such as industrials, defense and state-run companies. Nippon Life India Asset Management Ltd. is leaning toward larger companies that are trading at attractive valuations.
  • HR warns employee for watching Babil Khan’s interview, spending hours on Ajio during office hours, stealing Maggi, coffee pouches07 Jun, 2024 05:03 PM ISTAn HR warning to an employee for using Instagram, Netflix, Naukri.com, and Ajio.com during work hours and stealing office supplies went viral on LinkedIn. Sumit Mishra shared the incident involving his friend, Rishika, which sparked over 400 likes and various comments. Users generally supported the HR’s actions, emphasizing the importance of clear communication and workplace integrity.
  • Public sector banks pin hopes on new Govt for higher PLI for employees07 Jun, 2024 11:47 PM ISTState-run banks are optimistic about a more lucrative performance-linked incentive (PLI) for employees and are advocating for a five-day banking week as a new coalition government takes charge. Bank unions and employee associations seek a review of the current PLI scheme, introduced in 2020, which currently offers up to 15-days salary for growth exceeding 15%. Recent wage settlements have included a 17% salary increase and proposed a five-day week, pending government approval. Banks’ cumulative profit exceeded ₹1.4 lakh crore in FY 2024.

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