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SBI and Bangalore Metro have given its travelers a new gift of Near Field Communication (NFC) debit cards specially meant for travelling to the Metro stations. With this smart card, the travelers will not have to carry any cash with them.

These cards are transferable and anyone can use it. The NFC chip will be used to trap the check-in records at all the metro stations.

On Thursday, it was found that Bharti Airtel would have a newly organized structure for its operations in India and South Asia. This structure will be effective from August 1 and it is done to improve the efficiency.

The stocks are reacting positively and they were at Rs 395.45 increased by Rs 12.25 or 3.20 % on the BSE. It also touched a high of Rs 397.80 and a low of Rs 383.55 in the trade until now.

Known as the lowest base rate in the industry, State Bank of India’s lending rate will no more be recognized with the same name as the bank has plans of raising its minimum lending rate by 50-75 basis points and that too by later today.

“There is a possibility of hiking base rate by 50-75 basis points by today evening”, the SBI Chairman, Mr. Pratip Chaudhuri told to the reporters today.

Currently, SBI’s base rate is 9.25% and the hike in the lending rate will definitely make home, auto and commercial loans with the bank expensive.

Post-opening at 18,776, the BSE Sensex reached many different levels during the entire day. Earlier, the figure touched a day's high of 19,045 and even a day's low of 18,767 but at 3.05 p. m. (IST), the BSE Sensex showed the maximum up thereby reaching to the figure of 19,041 i. e. 314 points, up from its last close, reason behind being the constant buying binge in the index heavyweights.

According to the reports, the constancy has further lifted the main Indian equity benchmarks past key psychological levels in mid-afternoon trade. Also, the reports showed that the BSE Sensex easily crossed the 19,000 milestone whereas the NSE Nifty surpassed the 5,700 mark.

Inflation in India does not seem to settle down soon. In the week ended on June 25, food prices in India were edged up again. The increased price of coffee and fruits and vegetables increased the wholesale food price index to 190.8 from 189.8, a total increase of 0.5%. The food prices have been decreasing gradually in the past few months but the increasing demand for milk and meat may stabilize the declining rate of food inflation.

Northern Rivers residents may have till now faced numerous problems arising from delays in the emergency facility and the extra time they had to devote waiting long hours before getting the treatment, but for now the problem has seemingly got resolved with NSW Government to have finally announced waiting time of the region’s main local hospitals to come online.