Government approves 100% FDI in insurance sector: This week gold became cheaper by ₹ 1216 and silver by ₹ 3389, OnePlus 15 became costlier by ₹ 6,000.

Yesterday’s big deal was related to FDI. The Central Government on Saturday (May 2) has approved 100% Foreign Direct Investment i.e. FDI in the insurance sector. Now foreign investors will be able to take full stake in Indian insurance companies through the automatic route.

There was a decline in the prices of gold and silver this week. Gold fell by Rs 1,216 in a week to Rs 1,50,263 per 10 grams. Before this, it was at Rs 1,51,479 last week i.e. on 25th April. At the same time, silver has fallen from 2,43,720 kg to Rs 2,40,331.

Before tomorrow’s big news, these are today’s headlines…

The stock market will remain closed today.

There has been no change in the prices of petrol and diesel.

Now read tomorrow’s big news…

1. Government approves 100% FDI in insurance sector: Paves the way for foreign investment through automatic route; The limit in LIC will remain only 20%

The Central Government on Saturday (May 2) has approved 100% Foreign Direct Investment i.e. FDI in the insurance sector. Now foreign investors will be able to take full stake in Indian insurance companies through the automatic route, although the investment limit for LIC has been retained at 20% only.

Click here to read the full news…

2. Rohit Jain becomes the new Deputy Governor of RBI: Will have a tenure of 3 years, will replace T-Rabi Shankar

The Appointment Committee of the Cabinet i.e. ACC has appointed Rohit Jain as the new Deputy Governor of the Reserve Bank of India (RBI). His appointment will be for 3 years, which will be considered effective from May 3 or later. Jain will replace current deputy governor T Rabi Shankar, whose tenure ends today.

Rohit Jain was earlier serving as Executive Director (ED) in RBI since December 2020. As Executive Director, Jain has taken charge of the Supervision Department (Risk, Analytics and Vulnerability Assessment).

Click here to read the full news…

3. PPF account will make your child a millionaire: Open this account in your child’s name, know what are the rules regarding it.

If you are planning to start investing in the name of your child, then you can invest in the Public Provident Fund (PPF) scheme. Currently 7.1% annual interest is being given in this scheme.

You can easily create a fund worth lakhs for your child by opening a PPF account in his name. But it has some rules. We are telling you about those rules.

Click here to read the full news…

4. There was a decline in gold and silver this week: The price of silver decreased by ₹ 3389 to ₹ 2.40 lakh kg, gold became cheaper by ₹ 1216.

There was a decline in the prices of gold and silver this week. Gold fell by Rs 1,216 in a week to Rs 1,50,263 per 10 grams. Before this, it was at Rs 1,51,479 last week i.e. on 25th April. At the same time, silver has fallen from 2,43,720 kg to Rs 2,40,331. That means its price reduced by Rs 3,389.

Click here to read the full news…

5. OnePlus 15 flagship smartphone becomes costlier by ₹ 6 thousand: Snapdragon 8 Gen-5 processor and 7300mAh battery with 120W charging.

Tech company OnePlus has increased the prices of its flagship smartphone OnePlus 15. The variant of this phone with 12GB RAM + 256GB storage will now cost Rs 5,000 and the model with 16GB RAM + 512GB storage will be costlier by Rs 6,000.

The company has increased the price of the phone within about 6 months of its launch. The new prices have been implemented on the company’s official website, Amazon and offline mode. OnePlus 15 is the first phone in India to feature the DetailMax Image Engine to enhance photo quality.

Click here to read the full news…

Also see who were the top 10 richest people in the world yesterday…

The market was closed on Friday and Saturday, so know the condition of share market and gold and silver on Thursday…

Know the latest price of petrol, diesel and domestic gas cylinder…

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