RBI's Rs 2.1 lakh cr bonanza to govt brings cheer to stock market

The Reserve Bank of India’s whopping dividend payout of Rs 2.1 lakh crore for FY24 has given the stock markets a major reason to celebrate. On May 23, frontline indices started with modest gains but soon soared to new highs, thanks to significant jumps in banking and financial stocks, the primary beneficiaries of this windfall. Read here

Take a look at these key events

Today
GSM Foils IPO to open for subscription
Cheviot to consider share buyback
SBI Life Insurance deputy CEO to step down
Cyclone Remal: IMD forecasts formation of depression over Bay of Bengal
SC to hear plea on actual voter numbers
LS elections: PM Modi rallies in Mandi, Nahan in Himachal Pradesh
Pune car crash: Accused and minor father's custody hearing
SRH and RR compete for IPL finals spotTomorrow
Hemkund Sahib Yatra to begin
Lok Sabha Election 2024 Phase 6 polling for 58 seats
LS elections: Delhi Metro services on all lines to begin at 4am
LS elections: Priyanka Gandhi to hold roadshow for Ajay Rai in Varanasi
Cyclone Remal landfall: Severe cyclonic storm to reach Bangladesh, Bengal coast
T20 World Cup: First batch of Indian players to depart for US

Star Health sees Rs 2,210 crore block deals, 3 FDI investors offload stake

Around 4.1 crore shares of Star Health and Allied Insurance, representing a 7.05 percent stake in the company changed hands in block deals on the exchanges on May 23. The three block deals, done at a floor price of Rs 535 apiece, were worth a cumulative total of Rs 2,210.50 crore. Read more here

7 tips to improve your credit score in the financial year 2025

Building a credit score is important for everyone, but especially for people who are new to credit. The first step is to understand how to start building a credit history which will then help you develop a credit score. A strong credit score offers myriad advantages that extend far beyond simple borrowing capabilities. Read on

LS elections phase 6 blockbusters: Clash of Bihari babus in Delhi, Maneka's 'lonely' battle, Mufti's fight for survival

After days of high-voltage campaigning, the stage is set for the sixth phase of Lok Sabha elections with 57 constituencies across eight states and Union Territories going to polls. The penultimate phase of the Lok Sabha elections will cover the national capital and adjoining Haryana, besides several key constituencies in states like Uttar Pradesh, Odisha and West Bengal. On May 25, voting will be conducted in Bihar (8), Haryana (10), Jharkhand (4), Odisha (6), Uttar Pradesh (14), West Bengal (8), Delhi (7). This phase will also cover the Anantnag-Rajouri constituency in J&K, where polling was rescheduled from May 7 to May 25. The fate of as many as 889 candidates will be decided by the voters in this phase. Read more here

Revived Rajasthan Royals take on hit-or-miss Sunrisers Hyderabad for place in IPL final

With Virat Kohli, Rohit Sharma and MS Dhoni all consigned to the back pages of this season’s IPL, Sunrisers Hyderabad (SRH) and Rajasthan Royals (RR) will battle it out in Chennai for the chance to take on Kolkata Knight Riders (KKR) in Sunday’s final at the same venue. Read here

Why worsening quality of campaigns has left EC worried

In the heat and dust of a long campaign a lot is said. Punches are thrown. So far, verbally. And the whole process is largely marked with lack of grace, dignity, or mutual respect. It is a free for all where the voters are packed like sardines in a metaphorical colosseum. But when the blood hits the floor the Election Commission of India (ECI) steps in as the third umpire. It has issued a 10-point directive to the BJP and Congress, amidst concerns over worsening quality of campaign rhetoric. Read here