NOT Financial News

Canada’s largest bank says the country’s mortgage market will not change significantly in the wake of its acquisition of HSBC Holdings Plc.’s operations here, but industry watchers aren’t as sure.

Gaurav Bissa, VP, InCred Equities, says, “going forward, largecaps, especially larger banks like Kotak Bank and HDFC Bank will drive the markets going forward. So, the view remains positive. It is a buy-on-declines market. But the kind of move that we have seen from lower levels of 15,000 to higher levels of almost 22,000 that might not get repeated. But the overall sentiment will remain positive.” With 2023 coming to an end and markets gaining close to around 20% in this calendar year, what is your target for 2024 for Nifty? Gaurav Bissa: Our targets for mid-2024 were 21,000-21,500, those have been surpassed ferociously in 2023 itself. And now, I do not see we can have a similar kind of upside where in six months we can have 2,000-3,000 points coming in, even more than that. But yes, more towards 22,500 cannot be ruled out on the higher end. 20,000 is where Nifty can head towards. And largecaps will now take a front seat at least for next few months, where we have seen a very robust upside in midcaps and smallcaps.

In the recent state elections, incumbent governments in all except Madhya Pradesh lost. There are many factors that influence the electorate’s voting behaviour, with economic performance being important but not the sole one. So, drawing any conclusion on the relative performance of states based on election results is unlikely to yield fair conclusions.

Alex Garland upcoming action epic "Civil War’’, depicting a near-future United States in turmoil, actually runs for a confirmed 109 minutes, not the inaccurately listed 3 hours and 15 minutes. A24 has clarified this to Variety. Kirsten Dunst, Wagner Moura, Cailee Spaeny, Stephen McKinley Henderson, Sonoya Mizuno, Jesse Plemons, and Nick Offerman lead the cast in a film immersing audiences in the intensity of a fresh American civil conflict. The trailer picks with glimpses of widespread destruction and news announcements declaring the secession of «19 states.”

Edited excerpts of the interview: This year companies had to align themselves to what works long-term for businesses, and what is good for both the company and the investors, and finally, the LPs (limited partners) of our funds who put their faith in India and who have invested heavily in India. Therefore, I think it was time to readjust many things, and in some cases, correct certain excesses in the ecosystem. The good part is we have emerged from this as, maybe, the hotspot globally.

We shouldn’t worry about the ability of artificial intelligence to create bioterrorism weapons. Restricting AI’s ability to understand biology and chemistry would pose a far greater danger. Evil is easy.

An economy produces two broad types of output: farm and non-farm. The non-farm sector comprises industry and services. As the economy develops, their expansion drives economic growth.

Matrix: Renegades was circulated online, many fans thought that Matrix 5 was in the developmental stages. In The Matrix Resurrections of 2021, Keanu Reeves returned to the world of The Matrix in a big way. It unraveled the story of Neo played by Reeves as he went on his mission to rescue Trinity with the assistance of Morpheus, his friend.

Covid cases in the country are unlikely to play party pooper for large-scale New Year's Eve celebrations as there are no crowd curbs for December 31 so far, hoteliers and restaurateurs said. Celebrations and parties are being planned as usual and there is no capping in terms of numbers, the people cited above said. Maharashtra has extended timings for food and beverage licensed establishments till 5 am in areas such as Mumbai, Navi Mumbai, Thane, Pune, Pimpri Chinchwad, and Nagpur. «The bookings look very promising so far.

Israel has returned the bodies of 80 Palestinians killed in the Israeli-Hamas conflict in Gaza, the Palestinian Ministry of Health said on Wednesday. Israel said it was returning the bodies after confirming that they were not Israeli hostages taken by Hamas on Oct. 7.

AI Safety Summit" to discuss the extreme risks that AI models may pose. Governments cannot ignore a technology that could change the world profoundly, and any credible threat to humanity should be taken seriously. Regulators have been too slow in the past.

CAIRO (Reuters) — Saudi Arabia's cabinet on Tuesday announced its approval of contracting regulations for firms that do not have regional headquarters in the Kingdom, Saudi state news agency SPA reported.

The Biden administration has opted not to overturn the U.S. International Trade Commission's (ITC) ruling banning imports of Apple (NASDAQ:AAPL) Watches using contested blood-oxygen level reading technology.

Congress to hold 'Hai Tayyar Hum' mega rally in Nagpur on 28 December Morarji Desai was the first non-Congress Prime Minister of India. Desai remained in the office for 856 days. He served as the fifth PM during 1977-79, leading the post-emergency government led by the Janata Party.

₹426 to ₹448 per equity share of face value of ₹10. Innova Captab IPO lot size is 33 equity shares and in multiples of 33 equity shares thereafter.

Reserve Bank of India need not have to tighten liquidity any further as a metric cited by the central bank has fallen below levels that could stoke inflation, potentially paving the way for Mint Road to effectively deliver a rate cut by letting market rates ease from their current elevated levels. As of December 15, core liquidity, which accounts for government cash balances that periodically flow in and out of the banking system, is at around 1.1% of net demand and time liabilities (NDTL) — a broad measure of bank deposits. In its Report on Currency and Finance for 2021-22 published in April last year, the RBI had said that every percentage point increase in surplus liquidity above 1.5% of NDTL leads to average inflation rising by 60 basis points in a year. «RBI has talked about 1.5% of NDTL as the threshold for liquidity being classified as inflationary or non-inflationary. As of December 15, we are at 1.1% of NDTL in terms of core liquidity so we are below that threshold,» said Vivek Kumar, economist, Quanteco Research. «They have not clearly defined whether they are talking about headline liquidity or core liquidity, but my sense is that it pertains more to core liquidity because the headline liquidity is extremely volatile.

ICIMOD) report, released earlier this year, warns that glaciers in Hindu Kush Himalayas are melting at unprecedented rates. They could lose up to 75% of their volume by the end of the century, leading to flooding and water shortages for the nearly 2 billion people who live downstream of the rivers. Such warnings mean that international monitoring of glaciers will be a crucial bulwark for safeguarding the region's future. But, last week, GoI rejected a parliamentary panel's recommendation for a data-sharing agreement on Himalayan glaciers with countries of the region, including not-best-of-pals China.

Netflix has a promising 2024. It has lined up a lot of new shows and quite a good number of old shows are returning in 2024. But there are few popular shows that will not come back in 2024. A look at them: Wednesday season 2

Merry Christmas 2023: As the festive season envelops the world in a warm embrace, adorned with twinkling lights, festive decorations, and the unmistakable scent of freshly baked treats, our hearts resonate with the joy and goodwill that Christmas brings. Yet, amidst the carolers' melodies and the festive cheer, one may ponder a curious linguistic quirk that has endured the test of time: why do we say «Merry Christmas» instead of "Happy Christmas"? History behind Merry Christmas & Happy Christmas: The origins of this linguistic preference are shrouded in history, reaching back to the time when the phrase «Merry Christmas» found its roots in medieval England.

life insurance: safeguarding the family’s financial future if the breadwinner dies. However, there are plenty of wrong reasons to do the same. Topping the list is the need to save tax.

active cases rose to 3,742, according to the latest government data. A new strain "JN.1", classified as a "variant of interest" by the World Health Organization (WHO) last week, has been detected in India.