Performer Financial News

economic development by providing last mile connectivity, Reserve Bank Governor Shaktikanta Das Wednesday urged the directors of UCBs to further strengthen their governance practices, especially the three supporting pillars of compliance, risk management and internal audit. “The quality of governance was the most important aspect in ensuring stability of individual banks and the directors of UCBs are urged to further strengthen governance practices," the RBI governor said at a conference of directors on the boards of Tier 3 and 4 UCBs in Mumbai Zone.

real estate, which, in day-to-day use, makes a noticeable difference. If you’ve felt like your Series 6’s screen is too small, then consider the Series 8 (or the Ultra). But if you’ve been using the Watch for this long and haven’t yet minded the screen size, we recommend you keep it.

Apple Inc. is testing the use of 3D printers to produce the steel chassis used by some of its upcoming smartwatches, according to people with knowledge of the matter, heralding a major change to how the company manufactures products. The technique would obviate the need to cut large slabs of metal into the product’s shape.

Uttar Pradesh government will establish colonies if people living in embankment areas affected by floods wish to relocate, Chief Minister Yogi Adityanath said on Wednesday. He also assured the flood-affected people of Barabanki and Gonda districts that the state government is providing assistance and relief to them. According to a statement issued in Lucknow, Adityanath conducted both aerial and on-ground surveys of the flood-affected areas of the two districts and reviewed the relief and rescue operations. «Those who are living in embankment areas, if they wish to relocate to safer areas, arrangements will be made.

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.

Many of us attempt to invest to achieve financial freedom. There are various investment channels available, and one of the best known is the stock market. 

Sarma on Wednesday inaugurated the State's longest flyover, named Nilachal Flyover after the Nilachal Hills near which it stands, measuring a total of 2.63 kilometres and starting from Maligaon Chariali to Kamakhya Gate in Guwahati. Built at a cost of ₹420.75 crore, the State's longest flyover till date has been completed within a period of mere 35 months by Shree Gautam Construction Co Ltd and Anupam Nirman Pvt Ltd — the two firms that bagged the contract — under the overall oversight of the Public Works (Roads) Department of Government of Assam. M/S Design Associates INC was the Drawing & Design Consultant, M/S Prestress Projects the third-party Quality Control & Monitoring Agency while Professor Dr.

By Clare Jim

Software services firm Hexaware Technologies Wednesday announced up to 120% variable pay to its more than 28,500 employees.

By Jamie McGeever

Delhi Metro on August 29 registered the highest-ever count of daily passenger journeys — 69.94 lakh — surpassing the record it set a day earlier. The corresponding figures on August 28 had stood at 68.16 lakh. Journey or line utilisation is calculated by the number of corridors passengers use to reach their destinations. «Delhi Metro's mission of providing a comfortable journey to its commuters is scaling new heights every day and as a result Delhi Metro once again set a new milestone on 29th August 2023 when more than 69 lakh passenger journeys were performed in the metro in a single day,» the DMRC said in a post on 'X', formerly known as Twitter. Before Monday, the highest passenger journey count was 66,18,717, recorded on February 10, 2020, just before the pandemic disrupted travel patterns and routines. Of the total journeys recorded Tuesday, the Red Line accounted for 7,65,059 journeys, Yellow Line — 19,11,239, Blue Line — 14,90,171, and Airport Express Line — 61,041, among other corridors, according to data shared by the DMRC.

Home textile industry's revenues are expected to rise 7-9 per cent this fiscal as the sector regains global share following a correction in domestic cotton prices and restocking by big-box retailers in major overseas markets, says a report. In the last financial year, their revenues had declined 15 per cent. According to the Crisil Ratings report released on Wednesday, operating profitability of the industry will improve 150-200 basis points to 14-14.5 per cent this fiscal, due to lower raw material cost and better operating leverage, but will still hover below the pre-pandemic levels. Improved operating performance will also have the industry maintaining a stable credit outlook despite moderate capex, it noted. The report is based on an analysis of 40 companies, accounting for 40-45 per cent of the sectoral revenues.

Reserve Bank of India urged the directors of Urban Co-operative banks to further strengthen governance practices emphasizing the importance of a professional Board of Management as the quality of governance was the most important aspect in ensuring stability of individual banks. The Reserve Bank stressed the need to strengthen the three pillars supporting pillars of compliance, risk management, and internal audit. The quality of governance was the most important aspect in ensuring stability of individual banks said RBI governor Shaktikanta Das ,addressing a conference of directors on the Boards of Tier 3 and 4 Urban Cooperative Banks (UCBs) in Mumbai Zone on the theme ‘Governance in Banks — Driving Sustainable Growth and Stability’. He noted that while the financial performance of the UCB sector improved at an aggregate level in recent times, concerns and vulnerabilities are seen for certain individual entities.

Bitcoin mining has long been attacked by policymakers as an expensive, wasteful industry consuming power that would otherwise be going to households or valuable industries. Indeed, the scale of global Bitcoin mining is massive: Coin Metrics estimates that Bitcoin miners today consume 13.5GW of power, equivalent to 15% of the peak generation capacity of the Texas grid. But in recent years miners have adapted to changing grid conditions and found ways to make their presence much more benign — whether this involves exploiting entirely stranded sources of power, like flared gas, by co-locating with under-monetized renewables, or by participating in grid flexibilization initiatives.

Travis Scott has announced his Utopia-Circus Maximus Tour for 2023. The singer has promised his fans “an unparalleled audiovisual experience" on the tour. He will be promoting 'Utopia', his latest album, on tour. 'Utopia' already has 1.5 billion streams online, and is the No.1 album on Billboard.Travis Scott will be touring 28 cities, including the USA and Canada, in 2023. Here are the dates and venues. Travis Scott's 2023 Utopia-Circus Maximus Tour begins on October 11 in Charlotte, North Carolina, and will end on December 29, 2023 in Toronto. But his Houston fans will be disappointed that the singer will not be performing in his hometown this year.

MONTREAL — National Bank of Canada reported its third-quarter profit edged higher compared with a year ago even as the money it set aside for bad loans in the quarter also rose.

Most OEMs are targeting the young buyers for electric two wheelers and elevating the technology pitch to showcase their aspirational products.TVS Motor Company, which recently launched its new high performance EV called 'X', is also targeting the Gen-Z with its technology-high features. Away from a traditional scooter body style, X is being touted as a ‘crossover’ of scooter and motorcycle. Far away from similarities with the existing iQube, X is built on a new platform and TVS said its in-house R&D team made significant contributions to the development of this technologically advanced product and its electronic and software architecture.ALSO READ: TVS Motor to double EV volume With the connectivity and features intact, TVS X gives a touch and feel of a premium two wheeler.

Check out the companies making headlines before the bell.

Sui Network's (SUI) attempted recovery rally appears to be breaking down, following a double-barrelled rejection from the descendant lower trendline - leaving disparate bag-holders asking is Sui Blockchain going to zero?

India's economy in April to June likely grew at the fastest pace in a year, bolstered by central and state governments opening up their wallets for capex, stronger consumption demand and higher activities in the services sector, according to some economists. A median forecast of an ET poll of 20 economists pegged the growth rate at 7.8 per cent for the first quarter of this financial year that started Apr. 1.

The price of Stacks (STX) has risen by 16.5% in the past 24 hours, with the coin's move to $0.526349 making it the best-performing major cryptocurrency today.