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The Reserve Bank of India’s latest data on ‘Sectoral Deployment of Bank Credit’ has unveiled a remarkable trend in the housing sector. With a substantial surge in outstanding loans over the past two financial years, the data underscores the burgeoning growth of India’s residential real estate market and the escalating demand for homes nationwide.

Manchester City will be taking on Manchester United at Wembley Stadium on May 25 in London. The British capital is already reeling under intense summer and will see the temperature go up a couple of notches as football fever has gripped the city. All roads lead to the Wembley stadium. This is a repeat of last year’s Premier League final in which Manchester City beat Manchester United by a margin of 2-1 in the finals to lift the cup. Road to the finals

a pioneer of the recording industry and was one of the first performers to record music on 78 rpm gramophone records in India. Her recordings, made in 1902-1903, were later released by the Gramophone Company of India, when it opened its first factory in Calcutta in 1908. Her thumris, dadras and kajris, are among the earliest surviving records of Hindustani classical vocal music.

A key driver was strong underlying growth of 6.8%, but the headline figure rose more slowly (2.4%) due to fewer one-off special dividends over the quarter. At the same time, the index found 93% of companies either increased or held their dividends steady in the three-month period. UK dividend outlook 'healthy but unexciting' despite cuts to growth forecast Dividends in the US reached an all-time quarterly high of $164.3bn, a 7% increase on an underlying basis. This was attributed to the restoration of Disney's payout after the pandemic, as well as first Q1 dividends from Meta and T...

Nifty Bank rose 1.6% for the week ended May 24, 2024, but it failed to close above 49,000. The index rose over 200 points to close at 48,971 while Nifty50 failed to hold on to record highs and closed marginally flat but with a negative bias. HDFC Bank led the gains followed by Axis Bank, Federal Bank and AU Small Finance Bank while some profit-taking was seen in SBI, IDFC First Bank and Bandhan Bank.

Indian rupee rose to a two-month peak on Friday, boosted by likely strong dollar inflows into domestic equities even as most Asian currencies declined pressured by a rise U.S. bond yields. The rupee rose 0.2% to close at 83.0975 against the U.S. dollar, its strongest closing level since March 19.

Delhi's Tis Hazari Court on Friday granted four days judicial custody of Arvind Kejriwal's aide Bibhav Kumar, accused of assaulting the Rajya Sabha MP Swati Maliwal. He was produced in the court after his police custody ended today after being arrested on May 18. Meanwhile, Kumar, the former member of Delhi CM's personal staff, also moved an application to protect the DVR seized during the investigation and place it on record. However, Public prosecutor Atul Srivastava opposed the application and submitted that this is not the stage and this application may be dismissed.

₹500 per subject to avail of the mark’s verification facility.Students must note that a score decrease even by one mark will affect the results. In case of a change in scores, students will have to surrender the mark sheets, and new ones will be issued.This academic year, the CBSE Class 10 examinations were conducted from February 15 to March 13, spanning over 26 countries globally.

Sunil Damania, Chief Investment Officer, MojoPMS, anticipates potential market volatility after the Lok Sabha election 2024, especially if the BJP fails to exceed 350 seats. After the election, the market will shift focus to appointing the next finance minister and the forthcoming Budget, which could further contribute to market volatility, says Damania in an interview with Mint. The base case scenario anticipates the formation of a government by the BJP.

announced a record dividend payout of ₹2.1 trillion to the government for the fiscal ended 31 March 2024 (FY24). This is higher than the government’s budget estimate and analysts' expectation of ₹1 trillion, and 141% larger than the ₹87,416-crore dividend payout in FY23. The central bank has also raised the contingency risk buffer (CRB) to 6.5% from 6% in the previous year.

Also Read: ITC Q4 results review: Should you buy, sell or hold the FMCG major? Here's what 5 top brokerages sayThe government aims to boost India's defence exports to US$5 billion by 2024–25, underscoring the sector's increasing significance and potential.Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers, and Cochin Shipyard have all experienced significant jumps in their share prices this week, with returns reaching as high as nearly 34%.Cochin Shipyard shares have emerged as top performers among its peers, surging by 34% in the last four sessions alone. This momentum has propelled the shares to a remarkable 722% gain over the past year and an impressive 1058% increase in just two years.Earlier this month, the company bagged an order from a European client, for the design and construction of a hybrid service operation vessel (SOV) with an option for two more such vessels.

Shares of Inox Wind rallied 10% in today’s session to its fresh 52-week high of Rs 166 on BSE as the stock traded on an ex-bonus basis. Earlier in May, the wind turbine manufacturer had informed the exchanges about its intention to issue bonus shares in the ratio 1:3 to its eligible shareholders, meaning that for every 1 equity share held, 3 new equity shares will be issued.

Indian government bonds eligible for inclusion in the JPMorgan Chase & Co. index look poised to deliver their best monthly returns in nearly a year, helped by fresh foreign inflows and a record central bank payout. The so-called Fully Accessible Route notes, which have no restrictions for foreigners, returned 1.3% in May so far, according to a Bloomberg index. If that result holds, it would be the best monthly performance since April 2023.

interest rate hikes, ever! The immediate impact? Bonds lost in double digits. The returns they made in over a year were wiped out in a span of weeks. For instance, the Total Bond index, which tracks the US investment grade bonds, marked 2022 as its worst year on record going back 250 years.

Shares of Bikaji Foods International jumped 9.3% to Rs 583.9 in Friday's trade on BSE after the firm posted a massive 200% jump in net profit at Rs 116.3 crore in the quarter ended March 31, compared to Rs 38.67 crore in the year-ago period. Sequentially, the profit recorded a 153% jump compared to Rs 46 crore in the December quarter.

fiscal deficit quicker, both of which will be cheered by investors. On Wednesday, the Reserve Bank of India (RBI) announced a record 2.11 trillion rupees dividend transfer to the government, more than double New Delhi's and street estimates, leading to a decline in bond yields and a rise in equity markets. The surplus fund can help the new government, which will take charge after the current elections, bring down its fiscal deficit by 0.3% of gross domestic product (GDP) or increase spending on infrastructure or «populist» stimulus, Citi Research's Samiran Chakraborty said.

Finolex Cables surged over 14 percent in intra-day deals on Friday to its record high of ₹1,308.25 after the company posted better-than-expected results for the quarter ended March 2024 (Q4FY24).The firm posted a 6.3 percent year-on-year (YoY) increase in its consolidated net profit at ₹186.1 crore for the fourth quarter of FY24 as against ₹175 crore in the same period last year. On a sequential basis, the profit jumped over 23 percent from ₹151 crore in the previous quarter.Meanwhile, its revenue from operations increased 18.3 percent to ₹1,450.69 crore in Q4FY24 versus ₹1,226.14 crore in the corresponding period of the preceding fiscal.The stock rose as much as 14.3 percent to its new high of ₹1,308.25 in intra-day deals today.

₹416.57 lakh crore) on Thursday, coinciding with the Nifty 50 index reaching a record high of 22,993.60. Meanwhile, in morning deals today (Friday, May 24), Nifty crossed the 23,000 milestone, hitting a new high of 23004.05.According to a press release by the NSE, it took NSE-listed companies just 6 months to jump from $4 trillion to $5 trillion.

benchmark equity indices Nifty and Sensex hit fresh record highs on Friday, led by banking and financial stocks, despite robust economic data in the U.S. dampening hopes of early interest rate cuts. The BSE Sensex was trading 77 points higher at 75,495. Nifty50 was trading at 22,970, up 2 points at around 9.46 am.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today - May 24The domestic benchmark indices, the Nifty 50 and the Sensex, set fresh closing highs on Thursday due to gains in banking stocks. The nation's budget deficit may be on the decline, as shown by the record dividend paid by the central bank to the government.The domestic equity indices reached a new peak on Thursday as the Nifty 50 closed over 22,900.Also Read: Stock market today: Trade setup for Nifty 50 to India VIX, five stocks to buy or sell on Friday — May 24The Nifty 50 closed 369.85 points, or 1.64%, higher at 75,418.04, while the Sensex surged 1,196.98 points, or 1.61%, to conclude at 22,967.65.Seasoned Executive Director at Choice Broking with a strong track record, Sumeet Bagadia has shared his professional advice on five breakout stocks that are now worth buying: Cochin Shipyard Ltd, Saregama India Ltd, Rail Vikas Nigam Ltd, Olectra Greentech Ltd, and Mazagon Dock Shipbuilders Ltd.1] Cochin Shipyard Ltd: Buy at ₹1,890.25, target ₹2,000, stop loss ₹1,825 ;2] Saregama India Ltd: Buy at ₹4,66.35, target ₹495 , stop loss ₹450;3] Rail Vikas Nigam Ltd (RVNL): Buy at ₹372.25, target ₹399, stop loss ₹360;4] Olectra Greentech Ltd: Buy at ₹1,808.70, target ₹2,010, stop loss ₹1,710; and5] Mazagon Dock Shipbuilders Ltd: Buy at ₹3,125.75, target ₹3,333, stop loss ₹3,020.Also Read: Dividend stocks: Vedanta, Tata Consumer Products, QGO Finance shares to trade ex-dividend on May 24The market is seeing a 1,000 point rebound from 21,800 levels as FIIs are positioning themselves in the long:short ratio, which is up from 26% longs, according to Soni Patnaik, Assistant Vice President, Equity Derivatives Research, JM Financial Services.

stocks, as the central bank's record dividend to the government kindled hopes of a reduction in the country's fiscal deficit. Stocks that were in focus include names like ITC, which rose 0.068%, KPI Green, which jumped 0.82%, and Grasim, whose shares rose 0.010% on Thursday.