Performer Financial News

Royal Bank of Canada on Wednesday reported higher fourth-quarter profits than it did last year, exceeding analyst expectations.

On an adjusted basis, the bank earned $928 million, up from $850 million a year ago, resulting in earnings per share of $2.61. Analysts had expected the bank to earn $2.57 per share, according to Canaccord Genuity Corp.

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year

BrandFeature 1Feature 2Product NameCapacityTank MaterialEnergy EfficiencyThe Havells Monza 25 Litre Water Heater consistently wins as the best budget friendly choice, balancing durability and performance with an affordable price point. It boasts a 25-liter capacity suitable for large households, an 8-bar pressure rating for high-rise buildings, and Feroglas coating for tank longevity.

Subscribe to enjoy similar stories. Passenger vehicle (PV) sales, which have been struggling to maintain momentum throughout 2024, experienced yet another setback in November following the festive season-led surge, according to a Mint analysis of vehicle-registration data from the ministry of road transport and highways’ Vahan portal. PV sales contracted 7.6% year-on-year, with registrations dropping to 400,746 units in November from 433,677 units a year ago, showed the data.

Subscribe to enjoy similar stories. India’s growth in gross domestic product (GDP) of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It undershot even the most pessimistic forecasts.

Best juicer mixer grinders for home: Top 10 options for home made and fresh juice every dayThe Pigeon Amaze Plus Electric Kettle combines functionality with a sleek design. Its stainless steel body with a mirror-polished finish complements any kitchen style.

mutual funds have offered negative returns in 2024. Further analysis of these equity schemes showed that those who lost the most were from the international category. HSBC Brazil Fund lost the most of around 23.78% in 2024, followed by Mahindra Manulife Asia Pacific REITs FOF which lost 7.28% in the mentioned period.

Subscribe to enjoy similar stories. It’s just over 2pm. There is very little traffic on the street where I live.

mutual funds and the prevailing conditions in the stock market. According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.

Subscribe to enjoy similar stories. Ever since it started life alongside the iPod shuffle at Macworld 2005, billed as the “cheapest, most affordable Mac ever", the Mac mini has occupied a special (if very little) space in Apple’s portfolio. It’s been the tip of the company’s arrow, aimed squarely at PC “switchers" looking for the most reasonably priced entry point into the Mac ecosystem, as long as you were willing to BYOKDM—bring your own keyboard, display and mouse.

Defence stocks will be in spotlight on Wednesday after the Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for five capital acquisition proposals worth over Rs 21,772 crore. This included the procurement of Water Jet Fast Attack Crafts, Fast Interceptor Craft, Electronic Warfare Suite, Next Generation Radar Warning Receiver and Advanced Light Helicopters.

Comedian and actor Sunil Pal was reported missing for several hours after traveling out of Mumbai for a performance. Concerned by her inability to contact him, his wife, Sarita, filed a missing person complaint at the Santacruz police station on Tuesday. However, Film Trade analyst Girish Wankhede later informed ETimes, «He told me there was a problem, but he is out of it. He is now taking a flight from Delhi for Mumbai.» Senior police official Daya Nayak from Unit 9 Crime Branch also confirmed to ETimes that Sunil Pal had been located and was safe, adding that he is on his way home. Authorities have begun investigating the circumstances surrounding the case.

iQoo 13. This advanced smartphone from the Chinese manufacturer incorporates Qualcomm’s top-tier processor, the Snapdragon 8 Elite chipset, alongside iQoo’s exclusive supercomputing Q2 chip. It also debuts the world’s first Q10 2K 144Hz Ultra Eyecare Display, complemented by the dynamic Monster Halo feature. Here’s a detailed overview: The iQoo 13 is priced at Rs 54,999 for the 12GB+256GB configuration and Rs 59,999 (Rs 56,999 effective price) for the 16GB+512GB variant. Buyers using SBI or HDFC bank cards can avail of an instant discount of Rs 3,000, reducing the prices to Rs 51,999 and Rs 56,999, respectively. This smartphone will be offered in two sophisticated colors: Legend and Nardo Grey. Pre-orders open on December 5, 2024, at 12 PM, with sales starting on December 11, 2024, at 12 PM. It will be available via Vivo exclusive outlets, iQoo’s online store, Amazon, and other key retail locations.

Not far away in a north Austin high-rise, designers at Amazon developed a new and faster version of an AI chip called Trainium. They then tested the chip in creations including palm-size circuit boards and complex computers the size of two refrigerators. Those two efforts in the capital of Texas reflect a shift in the rapidly evolving market of AI chips, which are perhaps the hottest and most coveted technology of the moment. The industry has long been dominated by Nvidia, which has leveraged its AI chips to become a $3 trillion behemoth. For years, others tried to match the company's chips, which provide enormous computing power for AI tasks, but made little progress.

travel this year. The 2024 AirHelp Score report has ranked airlines globally based on a comprehensive methodology evaluating customer experience, operational efficiency, and feedback. The rankings cover data from January to October. According to AirHelp CEO Tomasz Pawliszyn, the goal of the rankings is to «encourage airlines to continuously listen to passenger feedback.» Among Indian carriers, IndiGo, the country’s largest airline by market share, ranked poorly at No. 103. The low ranking is attributed to its underwhelming performance in customer satisfaction and flight disruption claims.

Subscribe to enjoy similar stories. Over the past month, we have witnessed a significant correction in Nifty50, marking the first double-digit correction in the last four years. During this period, many mid- and small-cap stocks have seen sharp declines of over 50%, which, although common during corrections, is concerning when it affects frontline stocks.

Subscribe to enjoy similar stories. The hotel industry is an essential barometer for economic trends, reflecting consumer behaviour, disposable income, and overall market conditions. Its performance mirrors economic growth, with demand and supply tied to economic cycles.

Steve H.McFly (@OnLeaks), in collaboration with 91Mobiles, the OnePlus 13R is likely to sport a 6.78-inch AMOLED display with a resolution of 1,264x2,780 pixels. The display is expected to support a 120Hz refresh rate and deliver a pixel density of 450ppi, offering a visually immersive experience similar to its predecessor.Under the hood, the OnePlus 13R is tipped to feature the Snapdragon 8 Gen 3 chipset, making it a powerful contender in the mid-range segment.