Booking Financial News

Subscribe to enjoy similar stories. Last weekend, I chaperoned my daughter and her friends to see Snow White. You can judge me later, but just bear with me for the next few hundred words.

equity and other investments to set off against capital gains made in the past and, thereby, reducing the tax liability. This strategy is popularly known as «tax-loss harvesting.»

Subscribe to enjoy similar stories. India’s real estate boom has fuelled record sales and soaring margins for DLF, the country’s largest property developer after Macrotech Developers. Now, the company is setting its sights on an ambitious goal—zero debt, luxury market dominance, and ₹1 trillion in new bookings over the next five years.

«Your first needs are food and shelter. And then, we're a little bit down the list of expenditures,» said David Neeleman, CEO of low-cost carrier Breeze Airways, in an interview. «If you don't have a job, you're not going to go buy an airline ticket.» With demand slowing, airlines have started culling flights to avoid lowering fares and to protect margins. Frontier, Delta, United, American Airlines, JetBlue and Allegiant all trimmed their April-June quarter capacity in the past two weeks. United CEO Scott Kirby has warned of a large drop in industry-wide capacity by the second half of August if demand does not rebound. To be sure, bookings for premium and long-haul travel are holding up. United reported an 8% year-on-year jump in spring international bookings. Some of the demand slowdown is also due to recent safety incidents. Amanda Demanda Law Group data shows airplane safety concerns reached an all-time high in February, with Google searches for «Are planes safe now?» up 900%. Airlines expect the hit from safety incidents to fade soon. But they are less sure about economic pressures.

Salman Khan has once again impressed his fans with a new photoshoot. The actor is preparing for the release of his upcoming action movie Sikandar and recently shared some stylish pictures on social media. While his charming poses caught attention, it was his luxurious orange and gold watch that stole the spotlight. Watch is the limited-edition Epic X Ram Janmabhoomi edition. This special timepiece honours India’s cultural heritage with engravings of the Ram Mandir and images of Lord Ram and Lord Hanuman. Adding to its uniqueness, the watch has a saffron strap and features the words «Jai Shree Ram» at the 6 o'clock mark. In his post, Salman invited fans to watch Sikandar in theaters, saying, «See you in theatres this Eid!» The excitement around Sikandar has been growing, with advance bookings already crossing Rs 7 crore. Directed by A. R. Murugadoss, the movie promises thrilling action and a heartfelt storyline. The film stars Rashmika Mandanna, Sathyaraj, and Kajal Aggarwal alongside Salman Khan.

On Wednesday, the BSE Bankex index closed 1% lower, having rallied 7.7% in the previous seven sessions. Meanwhile, the BSE Information Technology index also dropped by over 1% in the last session, following a 4.7% surge between March 17 and 25.

«Especially talking about Nifty over here, still the support level definitely remains intact at 23,400 levels. Given those levels are holding out, the rally is here to stay on the higher side, having crossed 23,800 will be seen further buying action coming in over here,» says Dhwani Patel, Founder, Finversify. Give us a sense of the kind of levels that you are predicting for Nifty and Nifty Bank, rather the benchmarks heading into next week because it is expiry date today, last Thursday of the month and also of the financial year 2025. So, we are expecting volatility. You have Nifty rejig happening, lots is happening and of course, but amid a market like this we are still holding on in a pretty stable fashion. Do you attribute all of this to only FII inflows or do you believe that there are deeper fundamentals that are proving to be tailwinds for our markets and is this uptick that we have seen today after two days of profit booking sustainable going ahead? Dhwani Patel: Definitely, yes, we have been seeing that in the past two sessions we have seen a certain profit taking coming in over here on the index as well.

Honey was traveling with her daughter, mother, and grandmother when the driver started feeling sick. Realising the seriousness of the situation, she decided to drive the car herself. Her calm and responsible action prevented any possible accidents. After the driver felt a little better, Honey checked on him and even asked him for feedback on her driving. With a smile, he replied, “Badiya,” meaning excellent. She was also seen jokingly discussing with the driver to divide the payment between them. She later shared her experience in a video on Instagram, encouraging people to learn to drive for emergencies. “Knowing how to drive can help you and others in unexpected situations,” she said.

Subscribe to enjoy similar stories. Donald Trump and Elon Musk speak to the press as they sit in a Tesla at the White House in Washington, March 11. For the past two months, Americans have watched as two extraordinary and polarizing figures—Donald Trump and Elon Musk—have worked as a team to reduce the size and reach of the federal bureaucracy.

Indian benchmark indices fell almost 1% on Wednesday, snapping their seven-day winning streak, as traders found the pace of the recent run-up in the market excessive. NSE's Nifty fell 181.8 points, or 0.77%, to close at 23,486. BSE's Sensex declined 728.6 points, or 0.93%, to end at 77,288.

The floor price has been set at ₹1,625 per share, a 4.9% discount to Wednesday's closing price of ₹1,695 on NSE. The base offer comprises 10.6 million shares (6.8% stake) worth ₹1,717.4 crore, along with a greenshoe option of 5.3 million shares (3.4% stake) valued at ₹858.7 crore.

Bank of Baroda (BoB), India's second largest public sector lender by assets, is stepping up on retail loan growth with renewed focus on home loans, tie-ups with auto companies, and a fresh strategy to target corporate account employees with personal loans as it expects a 20% compound annual growth rate to continue at least for the next 3 years, executive director Sanjay Mudaliar said. The brisk pace in retail loans will mean the proportion of retail in its total loan book could increase to about 32% in the next three years from 27%. Home loans as a percentage of BoB's loan book are relatively lower at 51% compared to 55% for larger peer SBI. Mudaliar said early success in personal and auto loans meant the bank never stepped on the pedal on home loans but that is now changing. «We had an experience in home loans, but it was not scaled up to the extent we were looking for. Now with the personal loans coming under pressure, the bank is going slow on digital lending, and with the ups and downs in auto loans, the shift is happening towards home loans,» he said.

If any Mickey Mouse accounting goes on for years in the treasury, it would, however, be with the knowledge of the mid-office that monitors — or, is supposed to monitor — the risks and reports any breach to the treasurer and chief risk officer. In the sequence and hierarchy of these divisions that witness millions of bond, currency and derivative deals, the front office 'creates' the risk to make money, the mid office 'keeps tabs' of positions, and the back office records and reconciles. In some ways, a treasury is a bank within a bank. Among this cast of characters, some (directly reporting to the kingpin) would be typically aware of sharp practice; many lower in the ranks would blindly do what's told to them; and some would look the other way while letting the music go on. The army of auditors scrutinising the books, and probably call records and chats of IndusInd Bank officials, will have to ferret out exact quantum of losses, gaps in processes, and why the funny divergent accounting — booking profits while deferring losses of mirror derivative transactions — went on since 2016. It would hint who knew what, whether conflicted reporting arrangements fuelled the folly, and whether someone from the back office had ever raised a red flag.

Speaking to Jimmy Fallon on The Tonight Show, Gates explained that while we currently rely on human specialists—such as doctors and teachers—the rise of AI will make expert-level knowledge widely accessible, affordable, and free. “Great medical advice, great tutoring—it will all become commonplace,” he predicted. In a separate conversation with Harvard professor Arthur Brooks, Gates doubled down on his belief that AI is ushering in a new era of “free intelligence.” From diagnosing diseases to personalizing education, he sees AI fundamentally reshaping our world at an alarming pace. “It’s very profound and even a little bit scary—because it’s happening very quickly, and there is no upper bound,” he warned.

Subscribe to enjoy similar stories. President Trump acknowledged that his rapid drive to end the war in Ukraine had hit a snag, observing that Russia appeared to be slow-walking the U.S.-brokered negotiations as it angles for further concessions from the West. Trump’s comments came hours after the White House announced a Black Sea cease-fire deal and Russia promptly demanded additional steps from the West on sanctions relief before complying with such a truce.

Subscribe to enjoy similar stories. Chinese equities have been out of favor among many investors for the past few years. However, the tide appears to be turning, driven by strong corporate profits, enthusiasm over artificial intelligence and an apparent easing of regulatory pressure from Beijing.

Director General of Foreign Trade Santosh Kumar Sarangi said that exporters should tread the path pragmatically and wisely to navigate the current global trade contours. He also said that the current scenario presents a «golden» opportunity for India to do a variety of things which will propel exports and increase manufacturing competitiveness. Despite the «uncertainties relating to trade and tariff, our exports are bound to grow in future years,» he said at the Sourcex India 2025 show. It was organised by the Federation of Indian Export Organisations (FIEO). US President Donald Trump has imposed reciprocal tariffs or import duties on countries like China and has pledged to impose these levies on India also on April 2. Certain exporters have raised concerns that imposition of duties by the US on sectors like engineering and pharma will hurt shipments to America, which is the largest trading partner of India.

Nifty, traded lower on Wednesday, halting a seven-day rally, as investors took a breather and awaited clarity on impending U.S. tariffs. Barring auto stocks, all sectoral indices were in the red. The BSE Sensex was down 551 points, or 0.71%, at 77,465.56, while the Nifty50 declined 131 points, or 0.55%, to 23,537 around 1:42 pm. In the last seven sessions, Sensex gained 4,189 points, while the Nifty added 1,271 points.

Central Railway (CR) is introducing a new scheme called the Lucky Yatri Yojana to make daily train rides more exciting for commuters. Expected to start next week, and passengers with valid tickets or season passes have a chance to win cash prizes. How it works:

SBI Card, the second-largest credit card issuer in the country, has announced several revisions to its rewards program for credit cards, which will take effect from April 1, 2025. The upcoming changes will impact some of its popular credit cards, such as Club Vistara SBI Credit Cards, Club Vistara SBI PRIME Credit Cards, SimplyCLICK SBI Card, Air India SBI Platinum Credit Card, and Air India SBI Signature Credit Card.