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Paytm jumped over 3% to the day's high of Rs 798 on the NSE in Saturday's trading session after the company reported a jump in its December quarter revenue while narrowing its losses. With today's gains, the stock has remained unbeaten in three sessions and gained over 8%. The digital payments major narrowed its losses to Rs 220 crore for the quarter ended December 2023, compared to Rs 290 crore in the September quarter and Rs 392 crore in the year-ago quarter. Revenue from operations in the third quarter jumped 38% to Rs 2,850 crore as against Rs 2,062 crore in the corresponding quarter of the previous year. Read more | Paytm Q3 Results: Losses narrow to Rs 220 crore; revenue jumps 38% YoY Reacting to Paytm's quarterly show, analyst Sanjiv Bhasin said that he has been recommending the stock at levels of Rs 600, 620 and the stock has now surpassed Rs 780.

Also Read: HUL share price drops over 2% after muted Q3 results; should you buy, sell or hold the stock? “We are of the opinion that the company is well-positioned to benefit from the robust capital expenditure cycle in the industries it operates, including petrochemicals, oil and gas, and green hydrogen initiatives. Also, the company is well positioned to take advantage of the export markets as well as diversification of its products," said Anand Rathi. The brokerage firm initiated a ‘Buy’ rating on the stock with a target price of ₹3,568 per share for a time horizon of 12 months.

ICICI Securities spilled over at the company’s post-earnings meet on Tuesday, as analysts and shareholders challenged its rationale and questioned the swap ratio. The investors are upset over the proposal to turn ICICI Securities into a wholly owned subsidiary of parent ICICI Bank, and made plain their disgruntlement for the first time in a public forum. They believe the company is better off listed and are unhappy with the share swap ratio proposed.

ChatGPT, saying generative AI had helped unlock her potential. Since the 2022 launch of ChatGPT, an easy-to-use AI chatbot that can deliver an essay upon request within seconds, there have been growing worries about the impact on a range of sectors — books included.

Budget expectations: According to a report by the World Gold Council, India is the second largest consumer of gold jewellery in the world and the interim Budget with strategic moves can give the industry a shot in the arm. The World Gold Council report said much of the Indian gold market was very traditional, reflecting important cultural and religious ties. This can be seen in the long-standing preference for 22-carat jewellery and the dominance of bridal jewellery. But the gold market is evolving, with changing tastes and designs. In recent years, for example, demand has grown for lightweight and studded jewellery. These stones and jewellery are considered as the power, success, and reputation for the Indian women thus providing them social and economic security, the value of which can never be undermined. Also Read: A bold Budget can pave way for India to be Global South's voice Budget boost for India — a jewellery factory of the world India today is the factory for the world in jewellery segment and has potential to become the market for the world. The Gems and Jewellery industry has become one of the largest businesses in India, playing an important role in the Indian economy. If we consider the statistical data, it is seen that it contributes to almost 7% of the country’s total GDP, and 15.71% of India's total merchandise exports.

Economists are reputed not to have any skin in the investment game. They make projections and presentations and talk to investors who invest in their stories. The government promotes digitization, which involves commerce going online and eases activity as well as audit trails.

By Allan Lanthier

FTSE Russell will remove the partly paid rights shares of Grasim Industries from four of its major indices with effect from January 23, following the commencement of trading in its rights entitlement. On January 4, Grasim Industries announced raising Rs 4,000 crore through the rights issue of shares. Following the announcement, FTSE Russell temporarily added the partly paid rights line in its major indices from January 10.

UBS CEO Sergio Ermotti on Wednesday said people with concerns about the size of the bank's balance sheet are getting «indoctrinated» by academics and should «do their homework.»

Daniel Radcliffe, the Harry Potter star, and Erin Darke, his girlfriend for a long time have together made a public appearance on the red carpet during the Emmy Awards this year in Los Angeles. For the role he played in Weird: The Al Yankovic Story, he received a nomination for an Emmy award for the first time in the Outstanding Lead Actor category. In an interview with E! News, the 34-year-old indicated being already married to his girlfriend Erin Darke. He gave a hint that he and his girlfriend with whom he is sharing their one-year-old son, are married, mentioning the parents of his partner.

WASHINGTON—A government-controlled mortgage giant has a plan that could help more Americans save around $1,000 on closing a mortgage, the latest attempt to chip away at high costs that officials say discourage home buying. Fannie Mae last month said it would expand the types of mortgages it will purchase that rely on a cheaper alternative to title insurance, which is one of the biggest fixed costs tied to closing a mortgage. The alternative, called an attorney-opinion letter, allows a real-estate attorney to essentially attest that there are no problems with a property’s title.

Donald Trump emerged as the front-runner, overshadowing the competition. Former President Donald Trump holds a strong position, turning Iowa's first-in-the-nation contest into a struggle for the second spot. Florida Governor Ron DeSantis and former UN Ambassador Nikki Haley aim to position themselves as the main alternatives.

By Nandita Bose

Congress leadership is in the process of conveying to leaders of alliance partners that it wants a consensus on Nitish Kumar as convenor of the INDIA bloc before announcing appointment of chairman Mallikarjun Kharge with Kumar's name. No formal announcement has been made on the names, even three days after the alliance leaders discussed the issue at Saturday's meeting.

A former Jakarta governor seeking Indonesia’s presidency said democracy is declining in the country and pledged to make changes to get it back on track

MILAN (Reuters) — The opinion of Italian businesses on the prospects for the economy improved in the fourth quarter of 2023 compared with the previous three months, the Bank of Italy said on Monday, as inflation expectations eased sharply.

These index mutual funds delivered up to 53% return in one year. Do you have any in your portfolio? In this phase of the transformation of investment choices and habits, experienced investors are exploring options to diversify their investment portfolios. Gen Z and Gen X investors, on the other hand, are showing proclivity towards adding new-age investment elements to their portfolios.

Myanmar is losing grip over certain parts of the resource-rich country that borders India, which has led to a rethink in New Delhi on ways to readjust its approach in dealing with the neighbour that is critical in many ways. The Indian establishment is understood to be mulling various options, including opening channels of communication with various ethnic groups that are inhabitants of Myanmar's states bordering northeast India amid cross-border migration into Mizoram and Manipur. While New Delhi will continue to deal with the junta as the federal power in Nay Pyi Taw, experts on Myanmar affairs are of the opinion that New Delhi needs to adjust its policy to open channels of communication with ethnic groups that have bigger say in the states of Myanmar bordering India. States of Chin, Rakhine and Kachin and the Sagaing division of Myanmar border India. Stability along the India-Myanmar border is imperative for prosperity of India's northeastern states.

Shankaracharya said that the temple is the body of God, the temple's peak in God's eyes, and the 'kalash' represents the head. The hair of the God is represented by the flag of the temple and it's against the religious scriptures to conduct pran-pratishtha in the body without its head or eyes. "It is not right to instill life (pran-pratishtha) in the body without its head or eyes.

Eknath Shinde, former Union Minister Milind Deora Sunday said the Grand Old Party is not the same as it used to be when Manmohan Singh launched economic reforms in 1991, the Congress is now abusing industrialists, businessmen and calling them anti-nationals. Addressing a gathering at Varsha, the official residence of Maharashtra chief minister, Deora said, "It is not easy to make a decision to quit Congress with whom the Deora family has been associated for 55 years.