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04.04 / 14:53
COST Booking Strategy Mobile show reports Updates Private sector banks, SFBs see strong growth in credit, deposits in Q4
₹1.7 trillion deposits in the fourth quarter, taking the total amount of deposits raised in FY24 to ₹3.5 trillion. Of the ₹1.7 trillion deposits mobilized in Q4, 77% were retail deposits, the bank clarified. The total deposit book stood at ₹23.8 trillion at the end of March.
04.04 / 14:53
Extreme Research students country reports Department 'We lost almost everything': Indians in Taiwan recall moments of horror during recent earthquake
Hindustan Times (HT), he said that the building of his department "was shaking like a boat". "Everything in the lab was collapsed. I couldn't see or do anything," he said.
04.04 / 13:59
COST FIVE Booking Discover exclusive reports Buckingham Palace Balcony Room to open for public: Cost, dates, and what you will be able to explore
Buckingham Palace will open its revered balcony room to the public for the first time. Enthusiasts of the royal family can now embark on guided tours of the palace's illustrious east wing, offering a rare opportunity to explore the iconic balcony room where generations of royals have made historic appearances, as per a report by New York Times.
04.04 / 13:59
UPS Progressive Tesla WhatsApp track reports Telangana govt in talks with Tesla to set up electric car plant
Telangana government is holding discussions with Tesla by putting in all efforts to establish their plant in the state, Industries Minister D Sridhar Babu said on Thursday. In a message on X Sridhar Babu said since December 2023 the state government has been actively focusing on major investment opportunities by global giants, and as part of its focus, Tesla's planned investment initiatives in India are also being tracked. Read More: Tesla begins making cars in Germany for export to India this year: Sources
04.04 / 13:59
markets UPS Citi Waters show country reports Here's how Bengaluru's water crisis has affected real estate sales as per Knight Frank report
office demand in the IT city remained flat at 3.5 million square feet, a report by Knight Frank has said. Sales Decline in Affordable Segment “The less than ₹50 lakh housing segment saw sales decline by almost 65% to 70% in the first quarter of 2024 which has brought down the overall numbers. The sales in the ₹50 lakh- ₹1 crore residential segment has dipped by 7 percent. This is primarily on account of the affordability challenges faced by buyers of this segment. This may be a temporary blip,” said Vivek Rathi, head of research at Knight Frank India, at the launch of the Knight Frank titled India Real Estate: Office and Residential Report (January — March 2024).
04.04 / 13:59
Citizens Highways wellness reports travelers Traffic Destinations Solar eclipse 2024: Here's how you can expect massive traffic congestion ahead of the celestial event
Solar Eclipse is on its way this April and will be visible across the United States but there's some bad news as well. According to New York Post, traffic congestion is expected which will have a significant impact across almost 30 interstates. Travelers who will be planning on visits to these regions need to plan due to the traffic congestion scheduled to happen when the solar eclipse arrives. Leave early if you want to reach your destination within the stipulated time.
04.04 / 13:41
Citi Waters security Fishing Inside electronic reports To contain China, the US bets on a 40-year-old ship
CAIRNS, Australia—Standing on the bridge of a 270-foot U.S. Coast Guard cutter, Lt. Channing Meyer listed the recent upgrades to the 40-year-old ship.
04.04 / 13:41
markets UPS Ball Manufacturing Tesla reports India asks Tesla to cough up EV plant investment plan, 'the ball is in their court as...'
EV manufacturing in India. In an interview with Bloomberg, Rajesh Kumar Singh, the secretary of department for promotion of industry and internal trade said that now it's up to Elon Musk’s Tesla to make the announcements of their manufacturing plans. “We will help them out in terms of giving them the contacts at state level.
04.04 / 13:41
UPS Waves Sustainability Research MSCI reports Banks are extending office loans. Are they also pretending?
The looming “maturity wall" for commercial real-estate loans coming due has been moved back, but it has also gotten taller. Banks’ commercial real-estate loans are now growing at an accelerating rate. In the first quarter of 2024 they grew sequentially 1.2% on a seasonally adjusted basis, according to Federal Reserve data.
04.04 / 13:41
UPS Provident FIVE Software trends reports Work-from-office mandates see flexi space providers catching up with tech firms in leasing offices
MUMBAI : Flexible office space providers have emerged as a significant challenger to technology firms in leasing offices, as companies across sectors gradually enforce return-to-office mandates for their employees. Between January and March, flexible office space providers have already captured a significant 22% share of leasing activity, as per a report by real estate consultancy CBRE. This translates to a leased area of about 3 million sq.ft., marking a significant rise in the sector's influence.
04.04 / 13:31
markets UPS Manufacturing Tesla reports Department It is up to Tesla to lay down EV plant investment plans: DPIIT Secy
Tesla Inc.’s court to lay down its investment plans for the South Asian nation after the government cut import duty on electric vehicles. The industry department last month released a comprehensive policy for boosting EV manufacturing in the world’s most-populous nation. Following that move, it’s up to Elon Musk’s carmaker to “make the announcements of their manufacturing plans,” Rajesh Kumar Singh, secretary of department for promotion of industry and internal trade, told Bloomberg in an interview on Thursday. “We will help them out in terms of giving them the contacts at state level,” Singh said. “There have been contacts made at that level with state governments and the central government. VinFast has already announced and we expect a few others.”
04.04 / 13:01
UPS Enterprise love Experts reports International Prince Harry 'uncomfortable' with Meghan Markle's new business. Here's why
The Mirror's report citing royal expert Tom Quinn, Prince Harry, who although supports wife Meghan in her venture, is not very sure about a part of her new business. Quinn was quoted saying, "Harry thinks the new brand is a great idea because it's Meghan's idea he's still so loved up that she can do no wrong in his eyes" However, he said that Harry has grown up in the Royal family, one that would've looked down on a commercial enterprise like that of Meghan.
04.04 / 12:49
COST CEO Entertainment Enterprise Sony country reports NCLAT reserves order on IDBI, Axis Bank pleas against Zee-Sony merger
IDBI Bank and Axis Bank challenging the Zee-Sony merger which has been called off. The appellate tribunal will decide on 15 April whether the challenges to legal sanction of the Zee-Sony merger could be heard when the merger itself has been called off. IDBI Bank and Axis Bank had urged NCLAT to defer the pending case until the National Company Law Tribunal (NCLT) decides on Zee's plea to enforce the merger.
04.04 / 12:49
markets UPS Trade performer reports Updates Avenue Supermarts: DMart stock surge boosts Radhakishan Damani's wealth by ₹2,695 crore
Avenue Supermarts, which operates the retail chain of DMart, saw its shares zoom 5.8% to hit a new one-year high of ₹4,715 apiece in today's trading before finishing the trade at ₹4,645 apiece, up 4.13%. Investor sentiment was buoyed by the company's impressive business update for the fourth quarter of FY24, which garnered positive attention from market participants. The upbeat performance of Avenue Supermart's shares has significantly boosted the notional value of stakes held by Radhakishan Damani and his family, who are the promoters of the company.
04.04 / 12:49
Remark Justice reports Courts rights Investigations Calcutta High Court rebukes Mamata Banerjee government over Sandeshkhali allegations, 'Even if one percent is true…'
Sandeshkhali case and a now-suspended TMC leader, has been arrested by the Enforcement Directorate (ED). According to a report by NDTV, a bench of the Calcutta High Court, headed by Chief Justice TS Sivagnanam, questioned the government of CM Mamata Banerjee saying that it cannot avoid accountability in the case. Allegations were also made that the Trinamool Congress-led (TMC) West Bengal government had attempted to shield Shahjahan Sheikh, a locally influential party leader accused in the Sandeshkhali case.
04.04 / 12:49
Tesla awards War performer social information reports Elon Musk to raise salaries of Tesla engineers to ward off poaching by OpenAI, other AI startups. Detail here
Tesla is increasing compensation for its AI engineering team, contingent on performance milestones, Musk wrote on X, his social media network. In responding to a report by The Information on how his startup xAI has poached four engineers from Tesla, the chief executive officer blamed “the craziest talent war I’ve ever seen!" An exodus of personnel from Musk’s most valuable company to his newest may exacerbate concerns about conflicts and governance within the billionaire’s empire.
04.04 / 11:59
UPS FIVE Progressive Food trends show reports Posthaste: Risks the Bank of Canada will hold off until July to cut interest rates just got higher
Just a week before the Bank of Canada decides on interest rates new evidence has some economists questioning their forecasts on the first cut — and this time it comes from the central bank itself.
04.04 / 11:27
BLOCK reports International Swiss regulator moves to block access to Credit Suisse AT1 wipeout filings - reports
A group of Swiss and international investors representing billions of dollars of Credit Suisse AT1 bonds sued the Swiss regulator in April 2023 for the wipeout that followed the bank's acquisition by rival UBS in March last year. The AT1 bonds were issued by Credit Suisse as part of its capital structure to meet regulatory capital requirements. These had a clause allowing Swiss authorities to write them off regardless of what happened to the shares if the bank fell insolvent. Credit Suisse AT1 bondholders force Swiss regulator to hand over wipeout decree — reports However, the law ...
04.04 / 11:15
markets Target Booking Compilation Assurant show reports In FY24, New India Assurance achieved about $5 billion global premium: CMD
Neerja Kapur, Chairman-cum Managing Director, New India Assurance, reported a global written premium target of Rs 42,000 crore, with unaudited figures showing a total of Rs 41,860 crore for the financial year. The final figures depend on the trial balance and balance sheets. This translates to a $5 billion global premium. When asked about the premium breakdown, Kapur highlighted health as the top-performing segment, noting growth in health and motor segments. You recently closed your books of FY24. How much premium have you done in the fiscal? Has the company achieved the target or has it missed it? How far are you from the target? Neerja Kapur: We had targeted a premium of about Rs 42,000 crore, global written premium and we have completed the financial year and these are unaudited figures as of now. When we compile the premium completion of our domestic market with the premium completion of our foreign offices, the total premium of Rs 41,860 crore and these, of course, will be subject to the finalisation of the trial balance and the balance sheets. It translates into about a $5 billion global premium.
04.04 / 11:15
markets COST FIVE Food Research reports Onion, tomatoes makes average veg food plate costlier in March by 7%
vegetarian meal platehas become more expensive backed by the surge in the price of onion, tomato and potato. The cost of the representative home-cooked veg plate rose 7% in March against the same month last year, while that of the non-veg plate declined 7%, as per CRISIL Market Intelligence and Analytics report. Compared to last month, however, the cost of the veg plate declined 1% and non-veg food plate rose 2%., due to higher demand amid Ramadan.
04.04 / 08:37
markets COST Citi pandemic trends country reports Vancouver is in a ‘full-blown crisis’ for housing affordability: Report
which looks at housing trends across the country, found that it has never been as expensive to own a home anytime, anywhere in Canada as it was in Vancouver in the last quarter of 2023.The report stated that Vancouver is in a “full-blown crisis.”“At a staggering 106.4 per cent, the share of a median income needed to cover ownership costs means that only a select few high-income earners can afford to buy—or that considerable wealth must be amassed (or received) to put down towards a purchase,” the report states.“This significantly narrows the potential pool of buyers in the market, keeping activity soft and prices flat recently.

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