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BSE Sensex and NSE Nifty also witnessed a sharp selloff. Tensions in the Middle East and dimming rate cut hopes by the US Fed also weakened the sentiment, especially after a sharp rally to record-high levels. The benchmark Sensex tanked more than 1,100 points at open, while the Nifty began trading 395 points lower below 21,650.

₹16,372 crore in the third quarter of FY24. The bank’s net interest income (NII) in Q3FY24 rose 24% YoY to ₹28,470 crore. The bank recorded loan growth of 4% QoQ while deposits grew 2%.

As Citigroup prepares to make another round of job cuts, focused on staff in managerial roles, one former managing director there is having a fine timing living in Cornwall. 

If you are (or you work with) a commodities trader in Singapore, you might want to consider joining a commodities trading house instead of a bank.

BEIJING — Major international investment banks expect China's economy to grow at a slower pace in 2024 than in 2023, according to annual forecasts released in the last few months.

The Kobeissi Letter editor-in-chief Adam Kobeissi discusses market expectations for 2024 after the Dow Jones pulled back from a record high on 'Cavuto: Coast to Coast.'

She-Hulk Season 2 hangs in the balance as fans await confirmation. While the first season hinted at a continuation, key factors and statements from the cast and crew suggest uncertainty.

Medikabazaar, India's largest B2B e-commerce marketplace for medical supplies, is gearing up to raise $150-$200 million from private equity investors to fund expansion through acquisitions and organic growth. «We are actively seeking another substantial round of investment to fuel our expansion,» said Vivek Tiwari, co-founder and CEO of Medikabazaar, in an interview to ET.

TV screens through streaming sticks, smart TVs, and set-top boxes, according to a NielsenIQ study commissioned by Amazon. While mobile is the primary mode of streaming content due to the wide reach of smartphones and affordable data plans, the study states that this is beginning to change in big cities. It added that consumers prefer watching streaming content on TV due to better video and sound quality, coupled with the convenience of accessing a variety of content across OTT providers. The study, conducted among 800 NCCS A consumers of 25-45 age groups in December 2023 across 12 major cities, also states that 66% of respondents binge-watch for over five hours on weekends and less than three hours during the weekdays. Around 97% of respondents prefer streaming content around dinner time with family with 74% of them watching content with family, especially their spouses and children. Comedy, followed by sports, thrillers, romantics, horror, international TV shows, and news, are the most popular content genres that consumers stream on TV, as per the study. Parag Gupta, director and country manager, Amazon Devices India, said online video and the streaming habits of consumers have come a long way since its inception. «What has remained a constant is our preference to view content on the biggest screen in our homes — the television,» he added.

Disney is hoping a recent decision bolstering a Florida prosecutor’s First Amendment case against Gov. Ron DeSantis helps its own free speech lawsuit against the governor

A Japanese fire department says a Korean Air plane carrying 289 people hit a parked Cathay Pacific aircraft while being pushed by a vehicle from a parking spot at northern Japan’s New Chitose Airport

India’s first woman finance minister, Nirmala Sitharaman, will deliver her 6th Budget speech on 1 February 2024. She is the fifth finance minister (FM) since the 1980s to have delivered five consecutive budget speeches (for 2019-20 to 2023-24) and now she will present an interim budget ahead of national elections later this year. Other FMs who delivered five consecutive speeches were Manmohan Singh (1991-92 to 1995-96), Yashwant Sinha (1998-99 to 2002-03), P.

NEW DELHI : India plans to announce an extension to Prime Minister Narendra Modi's flagship federal housing scheme in next month's budget and an increase in available subsidies for low-cost housing loans, three sources said, ahead of elections this year. Finance Minister Nirmala Sitharaman, who will present an interim budget on February 1, is likely to raise allocations for low-cost housing by more than 15% to ₹1 trillion ($12 billion) for 2024/25 from ₹79,000 crore in the 2023/24 budget, two of the government sources said.

Newgen Software Share Price: Shares of IT software firm Newgen Software Technologies Ltd were locked at over five per cent upper circuit to hit its fresh 52-week high mark of ₹898.60 on the BSE, after announcing its October-December quarter results for fiscal 2023-24 (Q3FY24) earlier today. Newgen Software Technologies' net profit rose 44 per cent in the December quarter at ₹68.3 crore, compared to ₹47.3 crore in the year-ago period. The software company's revenue from operations in the third quarter of current fiscal stood at ₹324 crore, registering a growth of 27 per cent, compared to ₹255 crore in the corresponding period last year.

Cathay Pacific plane while taxiing at a Japanese airport on Tuesday, with both airlines saying there were no injuries. The incident comes two weeks after a near-catastrophic collision at Tokyo's Haneda Airport when a Japan Airlines plane collided as it landed with a smaller coast guard plane. Cathay Pacific said the accident on Tuesday took place while its aircraft was parked at New Chitose Airport serving Sapporo on the northern island of Hokkaido.

Canada is caught in a “population trap” for the first time in modern history and needs to limit immigration to escape it, say economists with the National Bank of Canada.

Countries around the world have been racing to introduce transparency requirements in many different areas of the law. Examples include corporate shareholder registries, required disclosure when implementing certain tax transactions and trust beneficiary reporting requirements.

The parent company of Burger King is buying out its biggest franchisee in the U.S. for about $1 billion

ODIGEO, a Spanish online travel booking company, revealed that Taylor Swift's devoted fanbase, known as 'Swifties,' is driving a significant surge in air travel demand across Europe during her 'Eras' tour scheduled between May and August. For instance, the demand for flights to Stockholm during May 17-19, coinciding with Taylor Swift's performance dates, has increased six-fold compared to the same period last year, according to eDreams. Similarly, the demand for flights to Warsaw, Edinburgh, Liverpool, and Paris in the days surrounding Swift's concerts has surged by 339%, 176%, 133%, and 108%, respectively.

This will be another year of transition at the four wirehouses – Merrill Lynch, Morgan Stanley, Wells Fargo Advisors, and UBS – as each seeks to find stability after last year’s significant changes.  

Jammu and Kashmir, as an unlawful association. The Jammu and Kashmir-based group, founded by deceased separatist leader Syed Ali Shah Geelani, was declared outlawed by the government on December 31 under the Unlawful Activities (Prevention) Act, 1967, for five years.