Wed, Jan 8, 2025 4:37 PM
Afcons Infrastructure issues corrigendum on ₹1,085 crore DRDO contract
A Flip by Swapnil Tiwari
High-interest rate FD for super senior citizens: Indian banks, including SBI, RBL Bank, Union Bank of India, Indian Bank, and PNB, offer high-interest rates on FDs for super senior citizens (aged 80 and above), with rates ranging from 7.60% - 8.75%. SBI offers the highest interest rate of 7.60% for super senior citizen FDs with tenures of 2 years to less than 3 years and 5 years and upto 10 years.
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📌Monday is likely to see the Nifty beginning on a soft note; the levels of 23650 and 23880 are likely to act as resistance points. 📌The supports come in at 23300 and 23050 levels. 📌The weekly RSI is 43.53; it has marked a new 14-period low, which is bearish. 📌The RSI also shows a bearish divergence against the price. 📌The weekly MACD is bearish and stays below the signal line.
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Chinese property developer Redsun Properties said on Friday it would not be able to pay its $350 million bond maturing on January 13, which includes the principal and the accrued interest. The bond was issued in January 2021 with a coupon rate of 7.3%. A prolonged property market slump in China over the last three years has been weighing on developers' ability to repay debt.
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