Experts Financial News

20.10 / 12:35
UPS Booking Platform Experts reports Paytm Q2 Results: Loss narrows to Rs 290 crore; revenue jumps 32% YoY
Revenue from operations during the reporting period jumped 32% year-on-year (YoY) to Rs 2,519 crore. The same stood at Rs 1,914 crore a year ago. EBITDA (before ESOPs) further improved in the second quarter to Rs 153 crore as against Rs 84 crore in the first quarter. Contribution profit for the reporting quarter is up 69% YoY to Rs 1,426 crore, with a contribution margin of 57%. Segment-wise, revenue from payments business increased 28% YoY to Rs 1,524 crore, while net payment rose 60% YoY to Rs 707 crore. The gross merchandise value (GMV) from the payments segment surged 41% YoY to Rs 4.5 lakh crore. The merchant paying subscriptions for devices reached 92 lakh at the end of the September quarter. In the loan distribution business, revenue from financial services and others increased 64% YoY to Rs 571 crore. Unique users, who have taken loans through the Paytm platform reached 1.18 crore.
20.10 / 12:35
Provident Southern Instagram President Experts social Israel Hamas Conflict: White House reveals identities of US special operators; deletes Instagram post
The photo posted by the White House on its official Instagram account had President Biden with a member of the Army's elite counter-terrorism unit. However, in the same photo, the faces of three other Delta Force fighters were also visible in the image.
20.10 / 12:19
UPS Racing Death President Experts shootings Republican White House hopefuls embrace killing criminals to fight crime
Some Republican contenders for their party's 2024 presidential nomination have turned to a blunt policy proposal to tamp down on crime: killing criminals. The approach is not entirely novel, and it no doubt would face legal challenges. Major Republican presidential candidates have long advocated for an expansion of the death penalty, and former President Donald Trump, the frontrunner for the Republican nomination, said police should rough up criminals during his 2017-2021 term. But Republican strategists involved in previous campaigns and experts in political rhetoric say that calls to shoot, kill or otherwise injure criminals, at least those who commit the most heinous crimes, appear to be more common during this Republican primary race than they have been in other cycles. The reasons are various, those people said. Trump received little political blowback from inside the party for his rhetoric toward crime while in office, when he routinely called criminals «animals» and «thugs,» noted Doug Heye, a long-time Republican strategist. Crime, meanwhile, is a greater concern for voters than it has been in previous elections, even as crime trends are mixed. Violent crimes, including rape and murder, declined in the United States in 2022 from the previous year, according to a report released by the Federal Bureau of Investigation this week.
20.10 / 12:05
NIFTY SENSEX Nestle Experts Stock market update: Sugar stocks down as market falls
KCP Sugar & Industries(up 4.89%), Rajshree Sugars & Chemicals(up 3.74%), Bannari Amman Sugars(up 1.04%), Uttam Sugar Mills(up 0.38%) and Balrampur Chini Mills(up 0.24%) stood among the top gainers. Simbhaoli Sugars(down 2.60%), Triveni Engineering & Industries(down 2.55%), Dhampur Sugar Mills(down 2.39%), Ponni Sugars(Erode)(down 2.09%), Ugar Sugar Works(down 2.09%), DCM Shriram Industries(down 1.88%), K.M.Sugar Mills(down 1.71%), Shree Renuka Sugars(down 1.69%), Mawana Sugars(down 1.32%) and Dalmia Bharat Sugar & Industries(down 1.31%) were among the top losers of the day.
20.10 / 12:05
UPS Waves Waters ICE Experts consequences Warmer oceans blamed for disappearance of billions of Alaska's Snow crabs
ocean temperatures for the extinction of billions of snow crabs in Alaska's Bering Sea. The most recent discoveries of the National Oceanic and Atmospheric Administration (NOAA) shed light on the unexpected loss of snow crabs, resulting in the postponement of the snow crab harvest season for the second year in a row. The study, authored by Cody Szuwalski, a fishery biologist at NOAA, highlights a compelling connection between marine heat waves in the eastern Bering Sea and the mysterious disappearance of snow crabs, a phenomenon that emerged in surveys in 2021.
20.10 / 12:03
UPS WhatsApp Experts How free-market economics reshaped legal systems the world over
For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our weekly subscriber-only newsletter. © 2023, The Economist Newspaper Limited. All rights reserved. From The Economist, published under licence. The original content can be found on www.economist.com"Exciting news! Mint is now on WhatsApp Channels
20.10 / 12:03
UPS Experts Navratri picks: 5 stocks to invest in, this festive season
The festive season is here and so is an opportunit... moreThe festive season is here and so is an opportunity for investors to shop for stocks.
20.10 / 11:43
UPS Browser Experts information reports recommendations Autumn statement 2023
We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.
20.10 / 11:41
UPS Provident Assurant Experts social information end Lapsed LIC policy revival campaign to end soon; how to revive LIC policy with up to Rs 4,000 concession
Also read:LIC lapsed policy: Get up to Rs 4,000 concession on reviving lapsed LIC policy till this date The campaign is being launched to help policyholders whose policies lapsed because they were unable to pay premiums on time due to unavoidable circumstances. It is usually preferable to resurrect an existing policy in order to reinstate insurance coverage.
20.10 / 11:41
NIFTY SENSEX Experts Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 82.05 points down at 19542.65, while BSE Sensex ended down 231.62 points at 65397.62. On the other hand, ITC Ltd.(down 2.69 per cent), Tata Steel Ltd.(down 2.30 per cent), Divi's Laboratories Ltd.(down 2.29 per cent), Hindustan Unilever Ltd.(down 2.08 per cent) and Bharat Petroleum Corporation Ltd.(down 2.06 per cent) were among the top losers of the day.
20.10 / 10:45
NIFTY Experts Latin reports Glenmark Life Sciences Q2 Results: Firm posts profit rise on API boost
Glenmark Life Sciences reported an 11.1% rise in second-quarter profit on Friday, led by strong growth in its mainstay active pharmaceutical ingredients (API) business in domestic as well as U.S. and European markets.
20.10 / 10:45
Lowe's NIFTY SENSEX Experts Sensex falls! These stocks fell 5% or more in Friday's session
On the BSE, Focus Business Sol(down 20.00 per cent), Beekay Niryat(down 19.99 per cent), Riddhi Steel and Tub(down 16.90 per cent), Ranjeet Mechatronics(down 16.49 per cent) and SSPN Finance L(down 15.28 per cent) stood among the top losers in today's trade. In the Nifty pack, 15 stocks closed in the green, while 35 stocks ended in the red.
20.10 / 10:45
UPS Citi IPO Booking Experts IRM Energy IPO booked 18 times so far on last day. check GMP and other details
IPO) of IRM Energy has been witnessing robust response from investors with the overall subscription at 18 times so far on the third day of the bidding process. The issue closes on Friday i.e.
20.10 / 10:45
Waves FIVE Fighting Limelight Experts cover Kharsia assembly constituency: A Congress bastion since 1977
Kharsia assembly seat has stood out as an impregnable Congress fortress. Despite 11 elections, including a bypoll, the BJP is yet to breach it. The constituency in Raigarh district, before Chhattisgarh was carved out of MP, had hogged the limelight in 1988 when Congress stalwart and former Madhya Pradesh chief minister Arjun Singh successfully contested the by-election from here.
20.10 / 10:45
BLOCK NIFTY TCS SENSEX Experts reports Sensex falls for third day, ends 232 points lower; FMCG stocks drag
The 30-share BSE benchmark Sensex fell 232 points or 0.35% to settle at 65,397. The broader NSE Nifty dropped 82 points or 0.42% to end at 19,542. From the Sensex pack, ITC, Tata Steel, and HUL were the top laggards, falling over 2% each.
20.10 / 10:45
NIFTY SENSEX Nestle Experts Colgate Stock market update: FMCG stocks down as market falls
Dangee Dums(up 4.15%), Colgate Palmolive(India)(up 1.07%), Emami(up 0.96%), Zydus Wellness(up 0.81%), Nestle India(up 0.61%), Godrej Consumer Products(up 0.43%), TATA CONSUMER PRODUCTS(up 0.40%), Tasty Bite Eatables(up 0.17%) and Vadilal Industries(up 0.05%) stood among the top gainers. Nakoda Group(down 3.22%), Parag Milk(down 3.10%), Umang Dairies(down 2.46%), Hindustan Unilever(down 2.08%), Bajaj Consumer(down 1.87%), Heritage Foods(down 1.84%), JHS Svendgaard Laboratories(down 1.70%), ADF Foods(down 1.50%), Jyothy Labs(down 1.41%) and P & G Hygiene(down 1.29%) were among the top losers of the day.
20.10 / 10:45
COST BLOCK Experts reports CSB Bank Q2 Results: Profit jumps 10% YoY to Rs 133 crore
CSB Bank on Friday reported a 10% rise in net profit at Rs 133 crore for the September quarter against Rs 121 crore in the year ago period. The bank recorded its net interest margin for the quarter 76 basis points lower at at 4.84% because of rise in cost of funds. «I think NIM has bottomed out and will be around 5% for the next few quarters. Cost of fund should sustain at current level,» managing director Pralay Mondal told ET. The bank's average cost of deposits stood at 5.22% for the quarter. «We are now taking strides in strengthening the building blocks that will help us in becoming a truly full service franchise.
20.10 / 10:07
CEO Gap VanEck Morningstar Experts Oscar voice ‘No choice’: Origin deal faces mounting opposition
VanEck has lent its voice to institutional investor resistance to Origin Energy’s $18.7 billion takeover offer from Brookfield and EIG Partners, declaring it will reject the deal unless it is increased amid mounting opposition.
20.10 / 09:11
Aware Platform Strategy Align Instagram Experts Tenable ropes in Meg O’Leary as chief marketing officer
Tenable, the exposure management company, appointed Meg O’Leary as chief marketing officer (CMO).
20.10 / 09:11
FIVE Strategy Experts Celebrity dance information 9 money management lessons to learn from 9 days of Navratri
Navratri is more than just a religious observance; it is a vibrant, nine-day festival celebrated with zeal and fervour. It is a representation of the triumph of right over wrong, of light over darkness, and of knowledge over ignorance. There is an overarching theme of reflection and spiritual development as devotees immerse themselves in prayers, dances, and fasts.
20.10 / 09:03
Lowe's NIFTY Experts fall Indian Hotels shares fall 2.3% as Nifty drops
Indian Hotels Company Ltd. slipped 2.3 per cent to Rs 404.4 in Friday's trade. It hit a high of Rs 414.65 and low of Rs 403.65 during the session.

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