Yesterday's big one was related to YouTube. Online video streaming platform YouTube has launched a new shopping affiliate program in India. Through this, creators can directly link to other e-commerce websites including Amazon, Flipkart and Myntra in their videos, shorts and live streams, through which they get a chance to earn commission.
At the same time, the standalone net profit of the country's second largest bank ICICI in the July-September quarter increased by 14% year-on-year to ₹ 11,746 crore. It was ₹10,261 crore in the same quarter last year. However, the net profit of the bank has increased by 6.21% on quarterly basis.
Before tomorrow's big news, today's major events to keep an eye on…
- The stock market will remain closed today due to Sunday holiday.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow's big news…
1. YouTube starts new shopping affiliate program in India: Eligible creators will get this option in YouTube Studio, will get commission on sharing the link.
Online video streaming platform YouTube has launched a new shopping affiliate program in India. Through this, creators can directly link to other e-commerce websites including Amazon, Flipkart and Myntra in their videos, shorts and live streams, through which they get a chance to earn commission.
The objective of the Affiliate Program is to provide an additional source of income to creators along with traditional ad revenue, YouTube Premium and brand collaborations. With this, brands can easily reach their viewers by collaborating with creators.
Click here to read the full news…
2. ICICI Bank's second quarter profit increased by 14%: Net interest income increased by 9.5% to ₹ 20,048 crore, share gave 38% return in one year.
Standalone net profit of the country's second largest bank ICICI in the July-September quarter increased by 14% year-on-year to ₹11,746 crore. It was ₹10,261 crore in the same quarter last year.
However, the net profit of the bank has increased by 6.21% on quarterly basis. The bank's profit in the last quarter (Q1FY25) was Rs 11,059 crore. ICICI has released the results of Q2FY25 i.e. the second quarter of the financial year 2024-25 on Saturday (26 October).
Click here to read the full news…
3. RBI Governor said – Cryptocurrency is a huge risk to financial stability: International understanding is necessary for this, India is the first country to raise questions on this.
Cryptocurrencies pose a huge risk to financial stability and monetary stability. Reserve Bank of India Governor Shaktikanta Das said this at an event organized at the Peterson Institute for International Economics on Friday.
He said – I am really of the opinion that this is something that should not be allowed to dominate the financial system. It also creates risks for the banking system. It could also create a situation where the central bank could lose control of the money supply in the economy.
Click here to read the full news…
4. There was a rise in gold and silver this week: Gold increased by Rs 605 to reach Rs 78,015, silver was being sold at Rs 95,800 per kg.
This week there has been a rise in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), on last Saturday i.e. October 19, gold was at Rs 77,410, which has now reached Rs 78,015 per 10 grams (October 26). That means its price has increased by Rs 605 this week.
Whereas, if we talk about silver, it was at Rs 92,283 last Saturday, which has now reached Rs 95,800 per kg. This week its price has increased by Rs 3,717. Earlier this week, on October 23, gold had made an all-time high of Rs 78,703 and silver of Rs 99,151.
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5. Honda recalled 92,672 vehicles: Defect in fuel pump of cars made between 2017 to 2018, company will change parts for free.
Honda Cars has recalled more than 90 thousand vehicles on Saturday (26 October) due to technical fault. These include the Amaze subcompact sedan, Brio hatchback, BR-V SUV, City compact sedan, Jazz premium hatchback and WR-V subcompact SUV. Honda has given this information in a regulatory filing.
This recall of the Japanese car company includes models manufactured between June-2017 to October-2018. Honda told the market regulator that 92,672 vehicles sold in the Indian market have been recalled due to a defect in the fuel pump. These include 2,204 vehicles in which fuel pumps were replaced earlier also.
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Now read the news of your need…
FD Vs Mahila Samman Savings Certificate: PNB and BoB increased interest rates on fixed deposits, see where the interest is higher now
Punjab National Bank (PNB) and Bank of Baroda (BoB) have recently increased the interest rates on fixed deposits (FD). In such a situation, if you are planning to get FD in these banks or any other bank, then before that you should also know about 'Mahila Samman Savings Certificate' (MSSC).
This is a special scheme for women. 7.5% annual interest is being given in this. A minimum of Rs 1000 to a maximum of Rs 2 lakh can be invested in this. In this one has to invest for 2 years. In such a situation, here we are telling you important things related to this scheme. With this you will be able to know where investing money will be more beneficial.
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 Saturday, so know the condition of share market and gold and silver on Friday…
Know the latest price of petrol, diesel and gas cylinder…
Graphics Source: VaskarAssets
