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net profit rose 3.17 per cent to ₹6,212 crore in the July-September quarter of fiscal 2023-24, compared to ₹6,012 crore in the corresponding period last year. The Bengaluru-based company has narrowed its revenue growth guidance for the full year at the upper end to 1-2.5 per cent.

ALSO READ: Google CEO Sundar Pichai opens up on company's biggest layoff in 25 years: ‘We could have done differently’ Although slightly more optimistic than the CBO, the Federal Reserve had a similar outlook for the economy in 2024. It predicted that the real GDP growth would slow down to 1.4 percent in 2024, before rebounding in the following years. The Fed also expected the unemployment rate to increase to 4.1 percent by the end of 2024, which was lower than the CBO’s estimate, reported Hindustan Times.

Dividend Stocks: Shares of some companies, including Easy Trip Planners, and few others will trade ex-dividend in the coming week, starting from Monday, December 18. Some other companies will also trade ex-ex-bonus, while some have announced a buy back of shares next week. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

NEW DELHI : NTPC Mining Ltd (NML) has produced 23.223 million tonnes of coal so far this financial year, just about exceeding its total output in all of FY23. In the previous financial year, the NTPC subsidiary had produced 23.203 mt of the mineral.

Half-Marathon on January 21, 2024, announced Kolkata Commissioner of Police Vineet Kumar Goyal on Friday. Ace athlete Colin Jackson was present at an event organised by Kolkata Police today. “It is a pleasant occasion that we are announcing this year’s Half-Marathon. We got inspiration from the Tata Marathon.

New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment for the central bank.

Nicki Minaj has rejected Kanye West's attempt to feature their «New Body» collaboration on his upcoming Vultures album with Ty Dolla $ign. The track was originally recorded in 2018 for Kanye's unreleased Yandhi album. Yesterday, Kanye West, also known as Ye, posted on X (formerly Twitter), sharing a screenshot of a text message he sent to Nicki Minaj. In the message, he politely asked for her permission to include the track «New Body» on his upcoming album, tagging the Pink Friday 2 rapper in his post.

market rally that saw the benchmark Sensex breaching the 71,000-mark for the first time on Friday. The US Federal Reserve keeping its key interest rate unchanged and signalling rate cuts next year, along with continuous foreign fund inflows into the equity markets, have fuelled the rally in stocks. Rallying for the third day running, the 30-share BSE Sensex jumped 969.55 points or 1.37 per cent to settle at its new all-time high of 71,483.75 points.

China’s economic recovery remained beleaguered by weak demand and a lingering property crisis last month, putting more pressure on Beijing to roll out supportive policies to juice growth.

Canadians continue to be hit by the climb in Bank of Canada interest rates, with the costs of paying down debt rising to a record in the third quarter while net worth declined, according to Statistics Canada household finance data released Dec. 13.

Nifty and Sensex hit record highs in trade today (December 15) for the second straight session after the US Fed signaled that its interest rate-hiking policy is at an end and it will cut rates in 2024. The Sensex rose over 720 points to its new high of 71,234.63, whereas the broader Nifty50 index advanced 214.4 points to its record high of 21,397.10. The US Federal Reserve has opted to maintain unchanged interest rates and has additionally signaled the likelihood of three quarter-point cuts to the benchmark interest rate in the coming year.

The Samsung Galaxy S20 in Cloud Blue, with 8GB RAM and 128GB storage, delivers a premium smartphone experience. With a 128GB internal storage capacity and a 4,000mAh battery, the Galaxy S20 combines innovation with practicality, making it a top-tier choice for smartphone enthusiasts. The device includes a face unlock, a fingerprint sensor, and a comprehensive 1-year manufacturer warranty.

Jonty Rhodes, currently in India, has been actively engaging with fans on social media, sharing amusing tweets that have gone viral. His latest post features a picture of toilets at Hyderabad airport, commending the authorities for a seemingly ordinary yet innovative addition – simple indicator lights to signify whether the toilet is occupied or vacant. «Seems like the toilets at the new (and impressive) Hyderabad International Airport have embraced the 3rd umpire referral system to signal whether users are 'in' or 'out',» Rhodes tweeted alongside the photo. In response, one user humorously suggested, «The designer must be a proponent of Schroedinger's cat!» Another commented, «Great observation! I would have thought Indians might relate better if they opt for a 3rd umpire-like system.» Playfully recalling a cricket moment, someone remarked, «Wasn’t it used for the first time when you ran out @sachin_rt at Kingsmead, 32 years ago? Happy memories, Jonty.» A month ago, Rhodes shared a video from Bengaluru's Murugan Cafe, expressing his enjoyment of walking around the city before the rush.

When Donald Trump sat down in the office of his Bedminster, N.J., golf club late this summer to flesh out his trade and border policy, familiar faces were across from him: Robert Lighthizer and Russell Vought, two of the architects of the former president’s populist first-term record. Trump’s former trade representative and White House budget director, respectively, are part of a cadre of allies helping him shape policy proposals across a range of topics, laying the groundwork for what would be an aggressive and controversial second-term agenda.

RBI holding rates, GDP growth coming better than expected in the September quarter as well as the improving global macros have also been aiding the sentiment. The Indian banks delivered healthy earnings during the second quarter of FY24, but the performance was marked by slowing momentum. The lenders reported net profit growth of 33 percent year-on-year (YoY) led by a reduction in credit costs.

Pakistan cricket players who alleged that the Indian cricket board is treating them unfairly in the ICC World Cup 2023. Pakistan has never won a Test series in Australia and after their performance in the Test match so far, it does seem that they intend to change that record. Australian opener slammed a massive 164 to take Australia to 487 runs and Pakistan has already lost two wickets at the score of 132.

Stock at 52 week high: LKP Finance shares are one of the multibagger stocks that Indian stock market has delivered in 2023. In year-to-date (YTD) time, this small-cap stock has risen from around ₹91.50 to ₹220.55 per share levels on BSE, logging around 140 per cent rise in this time. However, it seems that the stock has some steam left in it.

Investing.com — The U.S. dollar edged higher in early European trade Friday, but remained on course for its steepest weekly decline since July after the Federal Reserve signaled rate cuts next year while central banks in Europe stuck to their hawkish paths.

Manjit Bawa's untitled work featuring a central figure reminiscing Krishna against a striking red backdrop has gone under the hammer at a whopping Rs 25.11 crore at an online auction hosted by AstaGuru. The selling price is over three times of the estimated Rs 6-8 crore and is very close to AstaGuru's all-time record of Rs 25.3 crore for a Tyeb Mehta painting, which was auctioned off in September last year. Bawa's painting executed in 1992 with oil on canvas is an ode to the artist’s profound connection to Indian mythology, the auction house said in the catalogue. As many as 13 paintings by India's modern masters have fetched more than a crore at the auction held between December 11 and 12 where over 204 works by Indian modernists were sold for a sale value of Rs 73.33 crore. Two paintings by FN Souza — rendition of his fascination with the head motif --were sold at a total Rs 7.5 crore. Bikash Bhattacharjee's Doll, a part of his seminal «Doll» series was sold at Rs 2.2 crore, against an estimated Rs 60-80 lakh. His another work — titled The King On The Street — fetched Rs 1.25 crore against an estimated Rs 50-70 lakh. J Swaminathan's «Bird, Mountan, Tree», Gulammohammed Sheikh's «Alphabet Series II», C Raja Raja Varma's portrait of Diwan Bandi Balaiah Naidu were also sold for over Rs 1 crore each.

₹108.30 apiece on the back of profit booking. The stock was listed on the Indian exchanges on November 29 at a price of ₹60 apiece, an 87.5% premium over the issue price of ₹32. It continued the same upward trajectory for the next 11 sessions, achieving a record high of ₹123.30 apiece.

Also Read: PBOC's bold move: Injects $112 billion lifeline amid economic challenges The People's Bank of China (PBOC) said it was keeping the rate on 1.45 trillion yuan ($203.97 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.50% from the previous operation. With 650 billion yuan worth of MLF loans set to expire this month, the operation resulted in a net 800 billion yuan fresh fund injection into the banking system in December, booking the biggest monthly increase on record, Reuters reported.