Beyond Financial News

Rupal Shah Hollenbeck, President at Check Point Software Technologies, a leading provider of cyber security solutions to governments and enterprises globally. In an exclusive interview to ET’s Rica Bhattacharyya, Hollenbeck, talks about the increasing importance of cyber security in the post pandemic world that calls for a much closer attention to the user and remote access. She also talks about the greater emphasis on cyber security among top Indian corporations and boardrooms.

₹16.15 trillion, mostly driven by its retail loan book, which rose by 20% y-o-y. This momentum expected to persist in the coming quarters, too. Investor enthusiasm, however, appears to be on the wane with the bank’s shares sliding by nearly 3% during market hours on Wednesday.

«We still identify it as an indication of a robust market considering the market has maintained the scales that it achieved in the last year-year and a half. So on that account, yes, the growth rates would be expected to be lower compared to the past two years but the market is maintaining the high scales which is something to look forward to,» says Vivek Rathi, Knight Frank.Just wanted to begin by discussing the latest report that you have released. Does it give you any sort of indication that there is a bit of a plateauing of demand and FY24 is not going to be as stellar as FY23 was?Yes, very pertinent question.

«So, when we start talking of waves, we start talking of psychology. Has the behavioural pattern also started on the charts matching with what the sentiment is really showing because sometimes in an extended market you can get overbought readings that start concerning you but the market continues to chug along and therefore jumping the gun on data alone can sometimes become wrong and that is where you have to be a little careful when you look at these data points,» says Rohit Srivastava, Indiacharts.com.Are you gauging early signs of froth in the market? The volume data, the bulk deals, margin funding is rising as well?While there can be some signs of concern say for example, I will give you one data point.

UN Security Council meeting on cyber-security. Almost everyone at the meeting stressed what all states have already agreed: international law, including the UN Charter in its entirety, applies in cyberspace. Russia did not.

HDFC Bank, the largest private sector bank in the country, and Housing Development Finance Corporation (HDFC Ltd), a mortgage lender, came into effect on July 1, 2023. Following the merger, customers of HDFC Ltd. will be served by the HDFC Bank.

As far as property in general is concerned, nomination facility is not available. “The transfer of immovable property is governed by the Transfer of Property Act, 1882, and the registration of properties is governed by the Registration Act, 1908. On completion of registration of immovable property, the transferee becomes the legal owner of the property.

brick-and-mortar schools and following a standard curriculum, the traditional approach to education has been widely adhering across society. However, in recent years, a new strategy for providing kids with futuristic education is being adopted gradually by the Indian educational system. There has been a growing understanding that not all students may benefit from the traditional approach.

The West Australian government should consider dismantling its onshore gas export ban, which is stifling investment in new LNG projects even as demand rises, Strike Energy boss Stuart Nicholls says.

America and China, the Western power has been more aggressive of late. Last year President Joe Biden’s administration laid out harsh restrictions limiting Chinese artificial-intelligence (AI) firms’ access to American technology. America has also been coaxing allies to follow its lead.

Giva Jewellery on Wednesday announced that it had raised Rs 200 crore in a Series B funding round led by Premji Invest. The round also saw participation by existing investors Aditya Birla Ventures, Alteria Capital, and A91 Partners.

Prime Minister Narendra Modi Tuesday said the members of Shanghai Cooperation Organisation can work towards maximizing the utilization of the Chabahar Port following Iran's membership of the world's largest regional organization. "The International North-South Transport Corridor can serve as a secure and efficient route for landlocked countries in Central Asia to access the Indian Ocean. We should strive to realize its full potential," the prime minister said.

Lodha Group, listed as Macrotech Developers, has recorded its highest ever first quarter pre-sales at Rs 3,353 crores, marking a robust start to the financial year 2023-24. The company has also added five new projects with potential gross development value of Rs 12,000 crores across different micro-markets during the quarter. “With a strong start for the year, the performance achieved is in line with our guidance of 20% pre-sales growth for FY24.

Competition Commission of India (CCI) on Tuesday said it has cleared the proposed deal involving Concentrix Corporation and Marnix Lux. Concentrix Corporation is a US-based firm engaged in providing customer experience services.

carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment. Carbon capture and storage (CCS) and direct air capture (DAC) are both complex industrial processes that isolate CO2 but these newly booming technologies are fundamentally different and often conflated.

₹ 25,000 to ₹ 40,000 per month.  Traditional fintech companies have largely overlooked this segment due to perceived challenges such as limited market size and higher operational costs. Additionally, traditional banks have struggled to serve this demographic effectively, primarily relying on physical branch-led approaches that incur substantial operational expenses.  By focusing on the emerging middle class, a segment comprising around 10 Crore households in smaller towns, Danish Mohd recognizes the untapped potential of this market.

The price of Ethereum (ETH) has dipped slightly today, dropping to $1,954 as the cryptocurrency market as a whole rises by 0.5% in the past 24 hours.

Beyond medical bills in the millions and the weight of trauma and grief, mass shooting survivors and their family members contend with scores of changes showing how their lives have been upended by violence

Stamps prices are on the rise, again

Gurugram, leading to waterlogging in many parts of the city. Private weather forecaster said that many parts of NCR, including Gurugram, could also see heavy rainfall tomorrow as well. «Intensity may increase by tomorrow and entire Delhi may get good rain,» Mahesh Palawat, vice president Meteorology and climate change said in a tweet.

Mutual Fund on Tuesday launched an open-ended equity scheme, Bandhan Financial Services Fund. This new scheme offers investors the opportunity to benefit from the multi-year growth opportunities in the financial services sector.