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Colgate-Palmolive (India) Ltd. traded 1.95 per cent in Tuesday's trade at 01:13PM (IST). Around 6,381 shares changed hands on the counter. The scrip opened at Rs 2892.30 and touched an intraday high and low of Rs 2892.30 and Rs 2816.00, respectively, in the session so far. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high of Rs 3893.00 and a 52-week low of Rs 2097.70.

«NIM has come down to 2.80%. However, I clarify again, our domestic NIM is at a healthy number of 3.14%. So, definitely there has been some impact with the rising cost of deposit. The NIM has been impacted and also yield on advances are flat, that is one of the basic reasons. And as regards the RBI circular on penal interest, so now we have to book under the penal charges,» says Rajneesh Karnatak, MD & CEO, Bank of India. Let us start off with your net interest margins here. Now, we saw 25 basis points fall when it comes to the NIMs in this quarter, but going forward your cost of deposits has been rising while the yield on advances has been declining. So, what is your outlook when it comes to the net interest margin considering these factors? Rajneesh Karnatak: As regards the NIM is concerned, our NIM we have shown at around 2.80%. However, this is the global NIM. The domestic NIM is at 3.14%. And the reason for this coming down of the NIM is one of the factors is that 15% of our global book is the international book, where the NIMs are on the lower side.

Donald Trump is naming longtime adviser Stephen Miller, an immigration hard-liner, to be the deputy chief of policy in his new administration. Confirming the appointment, Vice President-elect JD Vance posted a message of congratulations on Monday to Miller on X and said, This is another fantastic pick by the president. Miller is one of Trump's longest-serving aides, dating back to his first campaign for the White House. He was a senior adviser in Trump’s first term and has been a central figure in many of his policy decisions, particularly on immigration, including Trump's move to separate thousands of immigrant families as a deterrence program in 2018.

Subscribe to enjoy similar stories. As a debate intensifies over the Reserve Bank of India’s (RBI) decision to keep its policy repo rate at 6.5% for the 10th consecutive time in its fourth bi-monthly policy meeting for 2024-25, we must shift attention to a critical yet under-studied aspect: the implications of climate change for the central bank’s conduct of monetary policy. Climate change presents two major types of risk.

Subscribe to enjoy similar stories. The failure to revive two prominent Indian airlines—Jet Airways and Go First—has triggered a debate on the limitations of India’s Insolvency and Bankruptcy Code (IBC), particularly in addressing airline insolvencies. Jet Airways and Go First have now become case studies shedding light on the difficulties in reviving airlines under the IBC.

Subscribe to enjoy similar stories. Stock markets like clean and crisp stories: This happened, so that happened. Like in early November, we were told that stock prices fell in October because foreign institutional investors (FIIs) sold Indian stocks worth ₹94,017 crore during the month.

When travelling abroad, travellers can choose between cash and card for payments. For card options, debit, credit, and forex cards are available. While most travellers would have a debit card, using it for international transactions is typically more expensive.

Sikhs For Justice (SFJ) leader Gurpatwant Singh Pannun has issued a threat targeting the Ram Mandir in Ayodhya and other Hindu temples on November 16 and 17. His warning, made on Monday, also took aim at Indian diplomats. In a statement, Pannun claimed, “We will shake the foundations of Ayodhya, birthplace of the violent Hindutva ideology.” SFJ announced its intention to disrupt activities by Indian diplomats holding life certificate camps for the diaspora in Canada. Planned actions include targeting the Kalibari Mandir in Mississauga on November 16 and the Triveni Mandir in Brampton on November 17. This development follows the recent arrest of Inderjeet Gosal, a key SFJ figure, by Canadian authorities. Gosal was detained over his alleged role in last week’s Khalistani attack on Hindu devotees at a Brampton temple.

The Nifty future closed positive with gains of 0.03% at 24226 levels on Monday. The volatility index India Vix fell by 1.38% to 14.27, indicating a decline in market volatility.

While stating that they are fully invested at all times with a bottom-up approach to investing in great businesses at attractive valuations, Trupti Agrawal, Fund Manager at WhiteOak Capital AMC, finds more opportunities within Private Financials, Consumer Discretionary, Industrials, Healthcare, and Communication Services. «Irrespective of market levels, at every point in time there will be companies which will be relatively undervalued and our portfolio will reflect some of these new ideas, if they meet our framework of great business,» she says. Edited excerpts from a chat: How have you been tweaking your portfolios in the last few months amid all the concern around valuation and earnings growth slowing down?

US policy landscape, though may be also reflected in valuations as markets have been anticipating the outcome,” says Gautam Chhaochharia — Head of Global Markets, India – UBS. In an interview with ETMarkets, Chhaochharia said: “IT Services sector may potentially benefit from US corporate tax cuts and thus higher spending, despite some worries around Visas” Edited excerpts:

Donald Trump has chosen Florida Representative Mike Waltz as his national security advisor. Waltz, a retired Army Green Beret known for his extensive knowledge in military operations and policy, is a vocal critic of China and a staunch advocate for bolstering US strategic readiness in the Indo-Pacific.

Shaktimaan fans! India’s first superhero is making a glorious comeback! On Sunday, Mukesh Khanna, who brought the iconic character to life on the small screen, shared a picture of Shaktimaan in his evergreen red and gold uniform on Instagram and added a caption: “It’s Time For Him to RETURN. Our First Indian SUPER TEACHER- SUPER HERO. YES! As darkness and evil prevail over the children of today… It's time for him to return. He returns with a message. He returns with a teaching. For today’s generation. Teaching. Welcome Him. With both hands!!! Watch the new teaser." The teaser, which was shared on the actor’s YouTube channel, shows Shaktimaan at school, checking sketches of various Indian revolutionaries such as Chandrasekhar Azad, Bhagat Singh, and Subhash Chandra Bose, and singing, “Aazadi ke deewanon ne jung ladhi phir jaanein di, ang ang kat gaye magar anch watan par na ane di...”

A leading Russian cybersecurity firm Positive Technologies has revealed that more than two-thirds of cyberattacks in India lead to leaks of confidential information, making India a focal point for improving cyber defences. The company presented its findings at the Positive Hack Talks meetup on October 11 in Bengaluru, underscoring a pressing need for fortified cybersecurity measures. The company’s report highlights a 15% increase in cyberattacks across India in 2023, with a staggering 46% rise in attacks in Q2 of 2024 alone, significantly outpacing the global growth rate of 30% in the same period.

Andhra Pradesh rain news: The India Meteorological Department (IMD) has issued a warning for isolated heavy rains and thunderstorms in parts of South Coastal Andhra Pradesh and Rayalaseema over the next three days. Districts likely to experience significant rainfall from November 11 to 14 include Krishna, Guntur, Bapatla, Prakasam, Nellore, Tirupati, Annamayya, Chittoor, Visakhapatnam, Kakinada, Konaseema, and West Godavari.

Sagility India will debut on the exchanges on Tuesday. Ahead of the listing, the company's shares were trading with a GMP of Rs 0.3 in the grey market. Considering the upper price band of Rs 30, the company's stock is expected to list at 1% at the bourses.

Chennai’s district collector, Rashmi Siddharth Zagade, has declared a school holiday for Tuesday, as per a TOI report. The India Meteorological Department (IMD) has issued a yellow alert across multiple districts, with alerts set for 12 districts on November 12, 17 districts on November 13, 27 districts on November 14, and 25 districts on November 15. Read more: Chennai to see heavy rain for next few days, IMD issues alerts for multiple districts across Tamil Nadu; Full forecast here

Mayuresh Joshi, Head Equity, Marketsmith India, says the ratings for UPL probably look a little bit weak whereas their peers – Paradeep Phosphates and Sumitomo Chemical can do well. For Biocon to a certain extent, numbers are very patchy. One good quarter has been followed by two bad quarters and therefore the consistency in numbers delivery is still not coming through. At this juncture, Syngene remains as a better player on Marketsmith watch list compared to Biocon. Any first thoughts on UPL or any other specialty chemical name that you like? Mayuresh Joshi: No, I think numbers are a tad below par for UPL. The Advanta or the seeds business, has done relatively better, but they are seeing pricing headwinds specifically in the crop protection business. Now within the geographies that they probably operate out of, we are seeing some scenarios where there have been instances of floods in a few European countries as well and therefore how does this revenue build up specifically in the second half that they are maintaining their guidance and specifically on the EBITDA front is something to be watched out for.

With Q2 earnings season already turning out to be the worst since March 2020, Sunil Tirumalai, Chief GEM Equity Strategist at UBS, says chances of further earnings cuts are higher than earnings increases. «In the context of slowing signs in the economy (with nominal GDP growth currently in the bottom quartile of 15 year history), renewed fears of slowdown in global trade after changes in US political landscape, and a gradual slowdown in bank credit growth – it is hard to envisage a situation of sharp earnings increase for the stocks,» he says. Edited excerpts from a chat ahead of UBS India Summit: