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global GDP grew by about 3%. The early signs suggest progress is continuing at the same rate this year. Data from Goldman Sachs, a bank, indicate that global economic activity is about as lively as it was in 2019.

Hero MotoCorp: India’s largest two-wheeler maker’s profits zipped into high-growth territory in the December quarter. Hero MotoCorp saw a 51% year-on-year jump in its net profit at ₹1,073 crore in the third quarter, mirroring the lift in profits and volumes seen by listed peers Bajaj Auto & TVS Motor Company. The company also reported a 21% increase in revenue from operations to ₹9,723.73 crore in Q3FY24, versus ₹8,030.98 crore in Q3FY23.

Gold prices were flat on Monday in holiday-thinned trading, after falling last week on rising bond yields, while investors awaited remarks from U.S. Federal Reserve officials in a data-packed week. FUNDAMENTALS

By Riju Mehta & Rohit Shah If you are planning on buying a car this year and your budget is above Rs 40 lakh, then here are five exciting new launches you should know. ET Wealth and Cardekho.com are here to help you with your car buying decision with the line-up of the most-awaited launches in 2024.

By Riju Mehta & Rohit Shah Tata Punch EV TATA HAS INTRODUCED its first offering on its new Acti.EV platform. Punch EV is an all-electric version featuring a refreshed fascia to match Nexon’s styling. Other exterior revisions include updated tail lights and aerodynamically designed alloy wheels. Changes to the cabin include a two-spoke steering wheel, revised dashboard layout, and a new touch-enabled climate control panel. It gets a 10.25-inch touchscreen, 10.25-inch digital driver’s display, ventilated front seats, six airbags, and a 360 degree camera. Safety tech includes electronic stability control and an electronic parking brake with auto-hold.

Paytm story is headed. As you know well, even without the regulatory troubles, I didn’t have a high opinion of Paytm, either as an investment or as a business. Now, with the RBI coming down like a ton of bricks on Paytm Bank, things are much worse.

By Riju Mehta & Rohit Shah If you are planning on buying a car this year and your budget is between Rs 20 lakh and Rs 40 lakh, then here are five exciting new launches you should know. ET Wealth and Cardekho.com are here to help you with your car buying decision with the line-up of the most-awaited launches in 2024. HYUNDAI CRETA

investors continue to pile on to this runaway train. But the market watchdog Sebi is sniffing some potential for trouble brewing within this heated space. As per reports, it has called for extensive stress tests of all mid-cap and small-cap equity funds. Essentially, the regulator wants to ascertain whether mid-cap and smallcap funds will be able to withstand sudden outflows in case of steep correction in stock prices, without incurring heavy impact cost.

By Riju Mehta & Rohit Shah If you are planning on buying a car this year and your budget is below Rs 20 lakh, then here are five exciting new launches you should know. ET Wealth and Cardekho.com are here to help you with your car buying decision with the line-up of the most-awaited launches in 2024. MARUTI SUZUKI SWIFT

DesignCafe is in the process of merging with its bigger rival HomeLane in a stock-swap deal, multiple people aware of the development told ET. The deal will value DesignCafe at about Rs 500 crore, or about $60 million, and HomeLane at $360 million, or about 3,000 crore, one of the sources said.

By Svea Herbst-Bayliss

Guwahati: The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, drew a Lotus, the symbol of BJP, as part of the BJP Wall Painting program at the Jyotikuchi area in Guwahati. As part of this national campaign, the Party's senior leader joined enthusiastic party workers and common people to draw a lotus, where everyone cheered for ‘Ek Bar Phir Se Modi Sarkar.’

Banks such as HDFC Bank, ICICI Bank, Bank of Baroda, Axis Bank and Kotak Mahindra Bank, as well as non-bank lenders and captive financiers of automakers like Mercedes-Benz and BMW are seeing a sharp spike in luxury-car financing, as consumers increasingly use loans to buy high-end vehicles. Outstanding bank loans to individuals for purchasing personal vehicles totalled ₹5.8 lakh crore at the end of December. While separate data weren't available on financing of luxury vehicles, executives in the banking and automotive sectors said that was a fast-growing segment of the car loan portfolios for lenders.

₹9 lakh per annum and above," said Savitha Rani M., training and placement officer at Ramaiah Institute of Technology in Bengaluru. Infosys had hired 51,300 fresh graduates in FY23. However, last year, the Bengaluru twins Infosys and Wipro Ltd, which together hired 208,000 engineering graduates in the last three years, had said they did not plan to go to campuses this year.

Trip cancellation and interruption: This coverage reimburses unrecoverable costs if an insured person cancels a trip due to unavoidable reasons. Applicable circumstances include hospitalization for 48 hours due to illness or injury, the death of the insured person or an immediate relative, or the occurrence of a catastrophe during the coverage period. Emergency: This includes coverage for the insured person’s stay in a hotel for up to 7 days beyond the existing booking, with conditions such as the severity of disability required for an extended stay, a limit of one claim per coverage period, and exclusions like prior awareness of potential claims or extensions for business or personal reasons.

Facebook Dating, which was meant to challenge Tinder? Is anyone viewing Facebook Watch, a supposed rival to Netflix? How about the Facebook Gaming portal, once billed as its foray into cloud gaming and an effort to take on streamer platforms Twitch and YouTube? Today it’s littered with low-rent titles offering little more to the player than your typical fruit machine. Even some of the more popular ideas must be shared with warning labels — scammers are everywhere on Facebook Marketplace. Fortunately for Mark Zuckerberg, the barnstorming success of other parts of Meta Platforms Inc. — the rebranding of the business meant to reflect his vision of the future — means its duds can hide out within the comically cluttered navigation menu on the main Facebook app. Besides, for 20 years, use of the main Facebook service — known as the “blue” app internally — has remained remarkably resilient. It attracted 3.07 billion monthly active users as of last quarter, the company said. Though, tellingly, Meta said it would no longer break out the number in future reports.

A boardroom brawl at Walt Disney is expected to be the most expensive shareholder fight ever, and a chance for everyday investors to have a big impact. Two activist hedge funds—Nelson Peltz’s Trian Fund Management and the smaller Blackwells Capital—are separately going toe-to-toe with Disney to gain spots on its board and challenge the strategy of Chief Executive Bob Iger. All in, the three parties could spend north of $70 million ahead of an April 3 shareholder vote.

₹25,938-crore production-linked incentive (PLI) scheme for the sector have sought clarification on whether the investment timeline has been extended in line with the one-year extension of the scheme, according to industry executives. To align with the extended incentive disbursement period, companies have urged the government to also extend the investment timeline of the scheme by a year. The five-year PLI scheme for advanced automotive technologies (PLI-AAT), as it is formally known, was extended by a year in late December, after none of the participating companies could avail of benefits in the first year of the scheme ending March 2023 (FY23).

₹115-128 per share. At the upper end of this price band, the company anticipates raising ₹44.80 crore. The book-running manager for the issue is Ekadrisht Capital.

Mint delves into the underlying causes of the unprecedented crisis in the Panama Canal, highlighting its significance as a crucial trade choke point in global commerce. Additionally, it examines how these challenges exacerbate the already strained global shipping industry. The Panama Canal is currently experiencing a severe drought attributed to the El Niño phenomenon, characterized by the warming of Pacific Ocean waters occurring every two to seven years.

Workers have turned out hunting rifles, shotguns, carbines, revolvers and more at the Remington plant in upstate New York for about two centuries