Today’s Latest Business News Transcript at 5:30 PM on 6 June 2024
The business world is abuzz with the latest updates from the RBI’s Monetary Policy Committee, PNB MetLife India Insurance, Global brokerage firm CLSA, Nvidia, India’s domestic air passenger traffic, Indigo, and the benchmark equity indices. Here are the highlights from today’s business news transcript at 5:30 PM on June 6, 2024:
1. RBI’s Monetary Policy Committee is expected to maintain the status quo on the repo rate at 6.50 per cent, with a likelihood of starting a rate easing cycle later in the year.
2. Sameer Bansal has been appointed as the MD and CEO of PNB MetLife India Insurance, effective July 1, 2024, subject to regulatory approvals.
3. Global brokerage firm CLSA anticipates Modi 3.0 with support from allies, highlighting key beneficiaries in the market.
4. Nvidia has surpassed Apple to become the second most valuable company globally, with a market capitalization of USD 3.01 trillion.
5. India’s domestic air passenger traffic for May 2024 surged by 5.2% compared to April 2024, showcasing a robust rebound in air travel demand.
6. Indigo plans to incorporate wide-body aircraft into its fleet by 2027, enhancing the in-flight experience for travelers.
7. The benchmark equity indices ended Thursday’s trading session on a positive note, with NSE Nifty 50 gaining 201.05 points and BSE Sensex jumping 692.27 points.
Stay tuned for more updates on the dynamic world of business and finance.
