Record News

The odds of a year-end rally in US stocks are fading as investors face a multitude of risks from elevated profit estimates to the Federal Reserve’s policy tightening, according to Morgan Stanley’s Michael Wilson.

MOSCOW (Reuters) — The number of Russians who say their salary does not cover basic spending has jumped by 20 percentage points in two years to almost half, a survey by recruiter Headhunter showed, as Moscow diverts record fiscal resources to funding its war in Ukraine.

NSE). The fiscal ending March 2024 is also seeing tremendous growth in UPI transactions in the first 6 months. This fiscal will see an even better record for UPI, he added.

In what has become a highly commoditised sector of Australia’s capital markets, a punchy ASX-listed hybrid capital raising by Judo Bank certainly has investors, bankers and traders talking.

By Rajesh Bhayani

Backed by strong residential sales and collections from customers, property developers are not utilising credit lines sanctioned by their lenders including banks, housing finance companies and non banking finance companies (NBFCs) for construction finance .

There could be multiple reasons behind the denial of your credit card applications. Sometimes, there could be a mismatch between the specific credit card you applied for and your creditworthiness.

₹292 crore for the second quarter of FY24. Paytm shares declined as much as 3.47% to ₹953.00 apiece on the BSE. One 97 Communications, the parent company of fintech giant Paytm, narrowed down its loss in Q2FY24 by 49% from ₹1,914 crore reported in the year-ago period.

Sterling & Wilson Renewable Energy witnessed a 5% surge in its shares, reaching ₹289.85 in early trade on Monday after the company's losses narrowed in the September quarter. At 10:00 AM, the stock was trading with a gain of 2.15% at ₹282 apiece. The company on Saturday reported a consolidated net loss of ₹54.51 crore, a significant improvement from the ₹299 crore loss in Q2FY23 and the ₹95 crore loss in Q1FY24.

NMDC Ltd, part of the industrial mineral industry, rallied more than 40% in the last 3 months which helped the stock to break out from an Inverted Head and shoulder pattern on the weekly scale. The breakout has opened room for the stock to head towards 200 levels in the next 3 months, suggest experts. Short-term traders can look to buy the stock around 160. The stock rose from Rs 111 as of 20th July 2023 to Rs 158 recorded on 20 October 2023 which translates into an upside of over 40% in just 3 months. It hit a 52-week high of Rs 167.55 on 17th October 2023 last week, but it failed to hold on to the momentum.

Hangzhou Asian Para Games with a bang here on Monday. Kumar set an Asian Para Games record of 1.82m to win the men's high jump T63 gold while compatriots Mariyappan Thangavelu (1.80m) and Govindbhai Ramsingbhai Padhiyar (1.78m) took the silver and bronze respectively.

air quality in Mumbai on Monday morning was recorded in the 'moderate' category with an air quality index of 127, according to the system of Air Quality and Weather Forecasting And Research, Safar-India. The air quality in Mumbai on Tuesday last week was recorded in the 'moderate' category with an air quality index of 115.

By Jamie McGeever

warehousing demand across the top five cities was recorded at 17 mn sq ft of gross leasing in the first three quarters of 2023. Despite a relatively slower growth during H1 2023, leasing activity picked up in Q3 2023, registering a 55% QoQ growth.

Gold prices fell on Monday, retreating from a five-month peak scaled in the previous session, as robust U.S. Treasury yields cut demand for the non-yielding asset ahead of key inflation and economic growth data due later this week. FUNDAMENTAL Spot gold dropped 0.8% to $1,965.89 per ounce by 0104 GMT, and U.S.

Kotak Mahindra Bank: After the resignation of Uday Kotak as CEO and MD of Kotak Mahindra Bank, international banker Ashok Vaswani, on Saturday, was announced as the next CEO. Unlike experts' prediction of the appointment of an insider in the top leadership role, Kotak Mahindra Bank chose to bring the “Global Indian" back home as its next CEO. Ashok Vaswani holds immense experience in a wide range of fields from AI to banking.

Godrej Properties subsidiary ₹5 lakh for not following environmental safety rules during construction in New Delhi, PTI reported.In a statement on Saturday, Godrej Properties said that its subsidiary, Godrej Vestamark LLP, was served this penalty on October 16 under the Delhi Municipal Corporation Act 1957.The violation by the subsidiary pertains to not complying with the National Green Tribunal's (NGT) order from April 10, 2015, and the Ministry of Environment and Forests Guidelines from 2010 regarding safety measures during their New Delhi project's construction. (Read More)In the second quarter of fiscal year 2023-24, ICICI Bank demonstrated substantial growth, with its standalone net profit climbing by 35.8% year-on-year (YoY) to reach ₹10,261 crore.

TLDR 

Plentiful solar power drove wholesale electricity prices below zero a record 19 per cent of the time on the National Electricity Market in the September quarter, piling further economic pressure on ageing coal-fired power plants still needed to meet the bulk of demand.

Mint explains. Food production in 2022-23 is estimated at a record 329.7 million tonnes, about 4.5% higher than the year before, according to the agriculture ministry. While production of major cereals like rice and wheat rose by 4.9% and 2.6%, production of coarse grains was up a sharp 12%.

MUMBAI : Analysts expect the shares of Kotak Mahindra Bank Ltd to open higher on Monday, potentially outperforming benchmark indices, driven by the banking regulator’s approval of the managing director and chief executive candidate and quarterly earnings that met analysts’ expectations. Friday’s delivery-to-traded volume at 72.13% was the highest since 14 July (83.59%).