Pool Financial News

Compound Finance, a leading decentralized lending and borrowing protocol, is embroiled in controversy over a possible governance attack.

«Going forward, quarter two will be better than quarter one and quarter three and four are definitely our best quarter in terms of advances, so that will continue, that clearly is going to happen. Our focused attempt on improving portfolio quality over the last two years and very specifically, April 23 onward, some of the specific initiatives that we took are holding up extremely well,» says Ratan Kumar Kesh, Interim MD & CEO, Bandhan Bank. First, let us talk about the numbers because your interest income is higher by 22%, NII uptick of 20%. What, according to you, are the levers in place to keep such kind of growth numbers coming in for the next few quarters as well? Ratan Kumar Kesh: Broadly, the levers are simple and basic in nature. Our ability to grow our advances quarter-on-quarter has been established in the last year. In quarter one, it generally is a muted quarter for us and we generally de-grow. What we have been able to establish this year, first quarter, is that we have been able to deliver a stable growth and that is something which is important.

Olympics 2024 schedule for July 29, Monday has been unveiled. The roster shows that there will be multiple Gold medal matches and medal events for archery, artistic gymnastics, canoe slalom, cycling mountain bike, diving, equestrian, fencing, and other sports.

NANTERRE, France—Katie Ledecky has been so dominant in the pool that even the best swimmers on Earth are happy simply to be in sight of her feet when she finishes a race. But as she prepares for her first event of the Paris Olympics, Saturday’s 400-meter freestyle, Ledecky finds herself in the unfamiliar position of underdog. And here’s the weirdest part: Of all the factors that have led to her newfound status, the biggest might be Ledecky herself.

Paris They worried about cost overruns. They assuaged grumpy Parisians. And they bickered over where to put new facilities.

Mirae Asset Mutual Fund has announced the withdrawal of the existing temporary suspension on subscription in Mirae Asset Large and Midcap Fund. The fund will resume accepting subscriptions through Systematic Investment Plans (SIP), Systematic Transfer Plans (STP), switch-ins, and lump-sum investments.

lumpsum methods from August 1. Till now, the fund house had capped SIPs at Rs 25,000 per person per month and did not accept lumpsum investments for this scheme-- the largest product in this category with assets under management of Rs37,846 crore.

NANTERRE , FRANCE : Swimming is a sport with only a few rules. No running on the deck. No diving in the shallow end.

Nokia smartphones are dying a slow death with brand licensee HMD Global now focused on promoting its own brand alongside exploring partnerships and white-label manufacturing with established brand names like Mattel's Barbie and Dutch beverages company, Heineken.

Masayoshi Son has long prided himself on his ability to detect big shifts in technology early on. During his four decades leading SoftBank, a free-spending Japanese investment group, the billionaire has made some spectacularly successful investments. And some epic flops.

A hydrothermal explosion at Yellowstone National Park sent visitors running for cover Tuesday morning, according to park officials and footage taken by a witness. Thankfully, no injuries were reported.

capital gains tax across asset classes has a positive effect in three areas. One, it lowers arbitrage among asset classes, such as equities, real estate and gold for household savings. Two, it addresses the differential in effective tax rates on labour and capital. And, three, it allows government tax revenue to grow without unduly affecting economic productivity. All these have long-term effects on economic growth and redistribution by influencing behavioural changes towards work, savings and risk-taking. The move also lowers the likelihood of asset price bubbles by encouraging freer capital movement. The markets have, thus, taken the changes announced in the budget in their stride, and the anticipated turbulence was weak and short-lived. Further steps to harmonise the tax treatment of capital gains are likely to be met with less anxiety by investors.

budget proposals to facilitate employment and skilling have boosted sentiment but are likely to translate into sizeable numbers only in the medium to long term, rather than triggering any major turnaround in the job market in the near future, said economists and hiring experts.

Nirmala Sitharaman of a scheme for providing internship opportunities in 500 top companies to one crore youth over five years lays the foundation for a future-ready workforce, creating a pool of skilled professionals in tune with industry demands, said experts.

Market veteran Madhu Kela remains very positive on transformers as an industry in the medium to long run. These are very deep cycles – the downturns as well as the upturns. A new cycle has started and he expects this to last at least 5-10 years and within that, there are select companies that will continue to do well. Kela is also bullish on data centres as a play. With this privacy law and the data being retained here, data centre as a play and anything peripheral around the data centres will do well. Let us talk about two areas, over the weekend, one transformer company came out with results. You had some exposure in there. Has the transformer story played out because these stocks have become eight to nine times in the last one year? Also, what about data centres? Now big developments are coming in the cloud and some of these companies are tying up with Google, etc. You have exposure in those areas as well. Madhu Kela: So, data centre, we made a significant investment in one data centre company which was a private company. So, I am very bullish. With this privacy law and the data being retained here and the amount of data that we are generating today, data centre as a play and anything peripheral around the data centres will do well.

professional esports teams will take part in the CS2 BLAST Premier Fall Groups 2024, which will be held at the Blast Studion in Copenhagen from July 29 to August 4. The tournament will consist of four groups, each will have four teams. The stage play will follow two concurrent single-elimination blocks. Two winners from the play-ins will qualify for the Blast Fall Final, 2024. All group-stage matches will be played in a BO3 format.

Nirmala Sitharaman tabled the Economic Survey 2023-24 in the Parliament today. The Survey, authored by Chief Economic Advisor V Anantha Nageswaran and his team, highlighted the initiatives taken by India to address climate change and energy security.

ApeCoin DAO, the decentralized autonomous organization responsible for ApeCoin, is considering a proposal that could bring Bored Ape-inspired luxury to the heart of Bangkok.

The mutual fund industry is demanding capital gains tax on the units of debt mutual funds held for more than 3 years to be taxed at 10% without indexation, as applicable in respect of Long Term Capital Gains Tax (LTCG) from debentures. The demand has been raised by industry body Association of Mutual Funds in India (Amfi), which in its proposal sent to the Ministry of Finance has said that it was «logical» to do so as this could encourage retail investor participation in bond markets. «We request for an amendment to Finance Act, 2023 and consider the mutual fund units as securities, with long-term capital tax rate thereon should be according to / in line with the capital gains tax on bonds, debentures, SDL and G-secs etc,» the Amfi budget proposal document said.

The Wild Canada zone at the Wilder Institute Calgary Zoo was closed Friday after one of the zoo’s two polar bears — a seven-year-old male named Baffin — did not resurface from the pool and died.

This is the second extension HL have requested regarding this bid, with the board asking the UK takeover panel to push back the deadline by which the private equity pool, led by CVC Capital Partners, is required to announce a firm intention to make an offer for the UK's largest investment platform. Hargreaves Lansdown receives second bid from PE consortium for £5.4bn The revised PUSU deadline is now set for 5pm BST on 5 August 2024.  CVC Capital Partners and the other bidders made the current offer for HL in June, after the platform rejected the initial £4.6bn bid put forward a mon...