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An “affordability shift” is taking root in the U.S. auto industry

Subscribe to enjoy similar stories. MUMBAI : Bajaj Housing Finance Ltd has come out with first quarterly results post listing after separation from Bajaj Finance Ltd. After its bumper listing, the stock's performance has been muted.

Subscribe to enjoy similar stories. For Sonia Mathur, 33, an IT professional from Delhi, the idea of preserving her fertility for the future seemed empowering on the surface, but the reality was anything but straightforward. “From the moment the doctor laid out the process—hormone injections, egg retrieval, the possibility that it might not even work—there was a knot in my stomach and questions milling in my mind.

Subscribe to enjoy similar stories. MUMBAI : You can transfer your mutual fund (MF) units from one demat account to another, either to your own or to those belonging to your family members and friends. However, this is an extremely cumbersome and paper-driven (offline) process with no online alternative.

Subscribe to enjoy similar stories. Modern China is a superpower with its roots in a guerrilla army. This helps explain its self-interested responses to crises, including the turmoil now raging in the Middle East.

Subscribe to enjoy similar stories. With polls suggesting that Kamala Harris has at least a 50% chance of winning next month’s US presidential election, questions about her economic-policy agenda have come to the fore. Of course, much will also depend on down-ballot outcomes.

Subscribe to enjoy similar stories. A few years ago, retailers had protested the ways of private online platforms. Small shops claimed to be victims of a power imbalance, one that India’s 2022-launched ONDC was expected to help redress.

Subscribe to enjoy similar stories. When the lease for Alex Macias’ furniture store in Mesa, Ariz., came up for renewal in 2021, his landlord asked for twice the current rent. “In hindsight, they were saying, ‘Well, this is what a national tenant will pay.

Subscribe to enjoy similar stories. Governments that committed two years ago to a historic agreement to protect nature and biodiversity now will try to figure out how to actually carry that out.

 The Claman Countdown panelists Jeff Sica and Dutch Masters predict Fed Chair Powells next moves.

Voters in Arizona and Massachusetts are set to decide whether employers should be able to continue to pay tipped workers such as servers and bartenders a lower minimum wage than non-tipped workers

Voters remain largely divided over whether they prefer Republican Donald Trump or Democrat Kamala Harris to handle key economic issues, although Harris earns slightly better marks on elements such as taxes for the middle class

Abortion is an important issue for many voters, especially young women, heading into the November election.

Partha Pratim Sengupta is likely to assume charge as managing director and chief executive officer of Bandhan Bank on November 1, ending four months of leadership gap at the Kolkata-based universal bank having a microfinance legacy. The immediate challenges for Sengupta would be to address the asset quality stress the lender has been facing, especially on its microfinance portfolio, and to contain the higher operational expenses, according to banking experts. A few formalities are yet to be completed, but he will most probably take charge on November 1, two people in the know said. «If not, he will definitely join within the first week of November,» said another bank official.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

PhonePe reported a 73% jump in operating revenue at Rs 5,064 crore for financial year 2024, from Rs 2,914 crore a year ago. Its net loss for the year fell 28% to Rs 1,996 crore from Rs 2,795 crore in the previous fiscal. Its overall expenses went up 31% to Rs 7,756 crore in FY24 compared to Rs 5,907 crore in FY23. The expenses were primarily driven by employee expenses which in FY24 stood at Rs 3,603 crore compared to Rs 3,096 crore in FY23. Payment processing charges for fiscal 24, the cost payment companies have to bear to settle digital transactions with banks, jumped 74% to Rs 1,166 crore compared to Rs 667 crore in the year prior. Sharing the details in its annual report for FY24, the Walmart-backed company said it reported a profit of Rs 197 crore in the last financial year, excluding employee stock ownership costs, which shows that its core operational business has started to show profits.

MS Dhoni has not yet confirmed his availability for the Indian Premier League (IPL) 2025. After CSK's unexpected exit from the group stage in IPL 2024, Dhoni has not spoken about whether he will participate in the next season. With the mega auction for IPL 2025 approaching, Viswanathan hopes Dhoni will provide clarity before the October 31 deadline for franchises to submit their retained player lists. «We have still no confirmation from him, though we will like him to continue playing for us. Hope he will confirm before 31st [October],» Viswanathan told ESPNcricinfo. CSK has the option to retain Dhoni as an uncapped player due to recent rule changes. The IPL has reinstated a rule allowing players to be considered uncapped even if they retired from international cricket five years ago. If Dhoni confirms his availability, he is likely to be retained by CSK as an uncapped player, which would cost the franchise Rs 4 crore from its Rs 120 crore budget.

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«UltraTech’s ambitious capacity expansion capitalises on the substantial long term growth potential of India’s cement sector. Its growth trajectory aligns closely with India’s broader growth story. By increasing its scale, the Company will meet the rising demand for cement nationwide,» said the press release by the Aditya Birla-owned entity. Moreover, to meet India's growing demand for cement, UltraTech plans to exceed its total capacity by 200 MTPA by FY27 through the acquisitions of Kesoram Cement (10.75 MTPA) and The India Cements (14.45 MTPA). This expanded manufacturing footprint is expected to help the Birla cement firm reduce operational costs, and improve customer service by leveraging the company’s nation-wide presence and its distribution network, UltraTech further said in the exchange filing.

Subscribe to enjoy similar stories. Shares of Havells India Ltd have fallen 6% after the company’s lacklustre September quarter (Q2FY25) results, weighed down by rising costs in raw materials, staffing, and advertising & promotion (A&P). The company, which reported earnings announced last week, saw its revenue grow 16.5% year-on-year.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...