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₹24,657 crore for the quarter ending December. The bank's gross advances showed healthy growth, reaching ₹10,347 crore in Q3FY24, a notable increase of 11.93% compared to Q3FY23 gross advances of ₹9,244 crore. Additionally, the total deposits of the bank grew by 10.60% YoY to ₹14,310 crore in Q3FY24.

mutual funds through SIPs (Systematic Investment Plans) has become one of the most prevalent and successful strategies. SIPs give investors the ability to systematically accumulate wealth by allowing them to invest a certain amount into the mutual funds of their choice at frequent intervals, usually every month. This consistent approach harnesses the power of compounding and rupee-cost averaging, ensuring that even small, regular contributions can grow substantially over time.

₹1,035 apiece. Sure, the company’s robust September quarter (Q2FY24) profitability released during this time helped the stocks. Ebitda margin rose by 44 basis points sequentially to 7.5% in Q2 helped by the better volume performance of W&C business, which formed 90% of gross segment revenue.

yellow metal has been impressive, showing a gain of more than 12% this year, and on India’s Multi Commodity Exchange (MCX), gold’s trading value recently stood at a staggering ₹61,221 per 10 grams (as of December 11, 2023). A recent report by the World Gold Council (WGC) highlights that gold’s performance has been bolstered by various global events including the collapse of the Silicon Valley Bank, an approaching election year for major economies such as the US, the EU, India, and Taiwan, and the continued demand from central banks.

₹360.82 crore net at the Indian Box Office within eleven days of its release. On its eleventh day in theatres, the film raked in ₹15.55 crore net, as per early estimates by Sacnilk. On its day of release, Prashanth Neel directorial film collected ₹90.7 crore net at Indian Box Office.

Ram Mandir inauguration: All three idols of Ramlala ready, says Trust member Prime Minister Narendra Modi, a few days ago, appealed to the people to light special 'diyas' in their homes on January 22 to celebrate the day of 'pran pratishtha' at the Ram temple as 'Diwali'. Prime Minister Modi visited the temple town on December 30 during which he held a roadshow, inaugurated the redeveloped Ayodhya railway station and the newly built airport, and laid the foundation stone for a slew of other projects.

stock market investments might do well to heed recent actions by the Securities and Exchange Board of India (Sebi). On November 22, the market regulator penalised and barred P Krishnakumar and Jagadeeshan S for a year for giving illegal investment advisory services and ordered them to refund over ₹30 lakh collected as fees through astrology-based prediction packages sold on the website www.ymforecast.com.

Tesla deliveries to hit record, but fall short of Elon Musk’s aspirations Volkswagen said on Monday it "is in the process of confirming eligibility for a federal EV tax credit for vehicles" after Jan. 1.

NEW DELHI : The government on Sunday named former vice chairman of Niti Aayog and Columbia University professor Arvind Panagariya as the chairman of the Sixteenth Finance Commission (SFC), a constitutional body. Mint takes a look at what to expect from the SFC. Finance commissions are independent constitutional bodies with a key role to play in the division of the Centre’s net tax proceeds between Central and state governments keeping in mind the fiscal needs of the states.

public sector and have been rewarded handsomely for their efforts. Public sector enterprises are leading the market capitalisation sweepstakes on specific government policies, and the expectation of policy continuity is fanning the exuberance. NTPC and Coal India have benefited from India's stand at climate talks that coal should not be singled out among fossil fuels for cutback commitments.

₹24.75 crore. What explains this? First, Starc is a great T20 bowler, who has taken 170 wickets in the 121 T20 appearances at an average of 19.5 per wicket and an economy rate of 7.5 runs per over. Second, he will be playing IPL after eight years, bringing a certain novelty to the tournament and the team that he will play for.

Ketone supplements, intended to boost athletic performance, may actually reduce it, as evidenced by slower cycling speeds in athletes, a study suggests. The research, published in the International Journal of Sport Nutrition and Exercise Metabolism, analysed contradictory findings related to the effectiveness of ketone supplements, which have gained popularity among athletes seeking a competitive advantage. Some previously published studies had shown the supplements improve performance, while others have reported they had no effect or even worsened performance, the researchers said.

The government’s proposal to certify practitioners of traditional medicine, those who do not have a medical qualification or standardised professional training but still seem to be effective at what they do, is a bad idea. The government would do well to abandon such a move. What it should do, instead, is try and understand the science behind esoteric practices that have no place in the standard medical practice taught in recognised medical colleges but are effective in the real world.

Hyundai Motor India achieved the highest-ever domestic sales in the calendar year 2023, surpassing the six lakh sales milestone. The automaker recorded sales of 6,02,111 units, registering a 9 per cent increase over the previous year's 5,52,511 units. Additionally, Hyundai Motor India elevated its export performance by 10 per cent, shipping 1,63,675 units in 2023 compared to 1,48,300 units in the previous year. In December 2023, Hyundai Motor India achieved total sales of 56,450 units, comprising 42,750 units in domestic sales and 13,700 units in exports. «HMIL has not just kept pace but surpassed industry growth (estimated at around 8.2%), a testament to customers choosing brand Hyundai as their preferred mobility brand,» said Tarun Garg, Chief Operating Officer, Hyundai Motor India. «Also, in 2023, we proactively expanded our annual production capacity by 50,000 units to meet the increasing demand from our customers.» The automaker presently operates from 1,366 sales points and 1,548 service points across India. The model line-up consists of 13 car models across segments: Grand i10 NIOS, i20, i20 N-Line, AURA, EXTER, VENUE, VENUE N-Line, VERNA, CRETA, ALCAZAR, TUCSON, KONA Electric and all-electric SUV IONIQ 5. Its fully integrated, state-of-the-art manufacturing plant near Chennai boasts advanced production, quality, and testing capabilities.

Feroze Azeez, Dy CEO, Anand Rathi Wealth, says “in largecap and midcap funds, Motilal Oswal Large and Mid Cap is the one which has been the best for the calendar year so far wth 34.5% returns, In large cap, HDFC Large and Mid Cap is the one with 32.8%. Canara Rebecco Emerging and Tata Large and Mid Cap funds finished with about 18 to 20% return. So the dispersion is not as much as in the large cap, but still a 14, 15% difference between the top two and the bottom two, in spite of being in the same category.” Clearly mid cap and small caps have been a hero but we also have to dissect the kind of strategies and stock picking that fund managers have done. We are just analysing one year's performance. This discussion theme does not mean that the funds which have not done really well, you need to exit those funds. I think let us start with the large cap category. Feroze Azeez: You are absolutely right that there are funds which have done very well. It has been a very eventful year. If you look at Nifty, it does not tell the full story. But the broader markets tell you a big story from a sector divergence perspective also. Some sectors have done phenomenally well. Some sectors have not done so well. You see cement, infrastructure and capital goods doing phenomenally well. On the other hand, IT, banking have not done superbly in terms of the full calendar year. It has been a very eventful year. But the headlines hide more than they show.

Happy New Year 2024:In the heart of Manhattan, New York, tens of thousands of excited revellers assembled in Times Square to witness the iconic descent of the illuminated ball at midnight. The eagerly anticipated event featured electrifying performances by renowned musicians such as Megan Thee Stallion and LL Cool J.

THE Pension Fund Regulatory and Development Authority (PFRDA) has allowed investors of National Pension System (NPS) to select multiple pension funds for the various asset classes. So investors must review the performance of the funds at the beginning of the year and spread the corpus across three top-performing pension fund managers to earn higher long-term returns.

Driven by policy reforms, positive consumer sentiment, rising disposable income and growing demand for bigger homes, the real estate sector in India has experienced remarkable growth in 2023, surpassing the growth rates of all previous years and breaking all records.

Hero MotoCorp, known for its budget-friendly commuter and mid-range motorcycles, is making a significant shift towards the premium, sporty motorcycle segments. The company has recently teased its upcoming release, a 440cc motorcycle, scheduled for launch on January 22.

Dinesh Kumar Khara, Chairman, SBI, says “I am quite confident that with the kind of plough back which we have, we will be in a position to generate adequate plough back to take care of this increased capital requirements which have been prescribed by RBI. We are very closely watching whatever is the situation and we will be ensuring that the bank should be very well capitalised. It is already well capitalised, but it should stay well capitalised and meet all the regulatory requirements because RBI prescription is one, our board prescription is invariably over and above that.” Should we start with new year resolutions? Dinesh Kumar Khara: Yes, new year resolution is to continue to improve upon where we left the year 2023.

BSE SME, with a tentative listing date fixed on January 3. Investors can check Manoj Ceramic IPO allotment status on the IPO registrar’s website as well as on the BSE website. Also Read: Manoj Ceramic IPO: A look at GMP, subscription status and other details Manoj Ceramic IPO registrar is Purva Sharegistry India Pvt Ltd.