Rights Financial News

Rahul Malani, Equity Research Analyst, Sharekhan, says PSU banks are reporting strong loan growth versus their private peers right now. In terms of PNB has reported a sequential pickup in the loan growth versus the numbers also. So, Sharekhan continues to believe that the journey for PSBs will continue to ride on strong loan growth as well as a benign credit cycle for FY25. Weak numbers reported as opposed to what the market, I guess, was anticipating or do you think it was well in the price or not quite? Rahul Malani: In the last one month. HDFC Bank has already outperformed. A modest expectation was built in HDFC Bank around 1% to 2% deposit growth because Q1 is a weak quarter especially if we look at the flows perspective, as well as the system growth and deposit growth has also been muted. So, already expectation was that the deposits would grow around 1% to 2% but the numbers which overall deposits were flat mainly due to CASA de-grew by around 5%, which was below expectation.

streaming, watching the movie you missed out on, due to overpriced tickets or lack of work-life balance on your computer is no longer a fantasy! From the magnificent ‘Kalki 2898 AD’ to the spine-chilling ‘Aadujeevitham’, many exciting movies will be available for streaming soon on major OTT platforms so watch this space!

Mint for a new podcast series called Founder Diaries, where we take you through the entrepreneurial journeys of some of India’s most high-profile founders, and a peek into what it takes to build successful enterprises. Edited excerpts: I was the first entrepreneur from my family. Business was not seen as a very good thing to do.

France had held an early parliamentary election that could bring the country’s first far-right government since Nazi occupation during World War II

Consumer-facing fintechs, which worked with lending platforms like Liquiloans, LenDenClub, Lendbox and Faircent to source credit for their users, have also become cautious with their product strategies, said people in the know.

IPL 2024 season.In an earlier interaction with The Times of India, Ruturaj had talked about the things he learned from MS Dhoni. He said, "Being neutral is something that I have learnt from Mahi bhai.

Matthew McConaughey posted on Instagram that appeared to indicate severe facial swelling. The actor, who is well-known for his parts in «The Wolf of Wall Street» and "True Detective," was stung by a bee and experienced a significant enlargement of his cheek in addition to his right eye swelling shut. McConaughey kept his sense of humor intact, captioning the photo with «Bee swell,» as per the reports of Microsoft Start News.

TurboTax-parent company Intuit said on Wednesday it will let go of about 1,800 employees, or 10 per cent of its workforce, as it looks to focus on its AI-powered tax preparation software and other financial products.

The National Rifle Association’s former finance czar agreed to a decade-long ban from managing money for New York not-for-profits after a jury found him liable in a scheme to have the influential gun rights organization bankroll a longtime chief execut...

Time is the most scarce resource for any leader, influencing not only her individual performance but also the organization’s culture and strategic direction. Leaders, therefore, must be strategic in how they spend their time—with themselves, and in one-on-one as well as group meetings. Time alone allows leaders to both respond and react, but more importantly, step back, reflect and strategize.

Zach Mersberger’s passion for helping small and medium-sized business owners stems from his own first-hand experience of building out his own firm.

Up to two additional offshore wind projects are being proposed for the New Jersey coast, and the developers of a third project that already has preliminary approval want to re-bid its terms

RBC Wealth Management has strengthened its presence in New Jersey by adding a veteran financial advisor and his team to its Paramus office.

Experts are optimistic about the sector’s long-term prospects, given the substantial investment and demand anticipated in the coming years. “The focus on modernising and upgrading defence systems, along with geopolitical tensions with neighbouring countries like China and Pakistan, means that the defence expenditure will continue to grow,” says Abhinav Kapadia, Research Analyst, Asit C. Mehta Investment Intermediates. “The growth is not just momentary. The sector has significant potential for future growth. The large order books of companies and the government favouring import substitution provide a strong foundation for sustained growth,” says Nirav Karkera,Head of Research, Fisdom. According to the Nomura report, the sector is expected to present an ordering opportunity worth $138 billion over the fiscal years 2024 and 2032. The report also classifies Hindustan Aeronautics Limited and Bharat Electronics as strong buys with an upside potential of 28% and 32%, respectively.

Abdulaziz Almuzaini whose animated show on OTT platform Netflix has won laurels is now facing the prospects of a long prison term on the charges of terrorism. His animated series on Netflix is known for breaking social taboos related to the kingdom. However, an anti-terrorism court deemed certain tweets of his to be an act of terror and has now sentenced him to a prison term. This has raised concerns among various human rights groups who have called for his unconditional release. He had recently secured a contract from Netflix to work on his content which is popular across the world.

The Supreme Court is keeping a hold on efforts in Texas and Florida to limit how Facebook, TikTok, X, YouTube and other social media platforms regulate content posted by their users

stampede incident at a religious event in Hathras, Uttar Pradesh, resulted in 116 people dying and 18 being injured. The tragic incident took place after the ‘sastang’ of Bhole Baba got over and people tried to get out in a hurry. Eyewitnesses said that the stampede happened because of the overcrowding and the hurry in which people wanted to get out.

cricket.'There were players in my time who challenged, or at least went past the 300 mark - Virender Sehwag, Chris Gayle, Inzamam-ul-Haq, Sanath Jayasuriya. They were pretty much aggressive players," Lara told the Daily Mail.“How many aggressive players do you have playing today? Especially in the England team. Zak Crawley and Harry Brook.

Viacom18, the official media rights partner for the Paris Olympics 2024 in India, has priced its mobile ad inventory at par with linear TV ad inventory for the multi-sporting event that will kick off on July 26. As per the rate card floated by the media company, it is seeking a spot rate of Rs 1,40,000 per 10 seconds for mobile, similar to the spot rate for both standard and high-definition TV channels. The HD channel's standalone spot rate is Rs 60,000 per 10-second spot, lower than the connected TV (CTV) spot rate of Rs 75,000. The mid-roll and pre-roll ads are priced at Rs 250 per impression.

LIC policy after a few years, you get a portion of the premiums back as surrender value. Life-cover benefit stops immediately. However, a new player has entered the market with a claim of offering a potentially “more attractive” alternative. ACESO Endowment Services recently launched Assignment of Life Insurance Policies or ALIP, a one-of-a-kind programme designed especially for LIC policyholders contemplating surrendering their policies.

government to grant maternity leave to a surrogate mother, saying that leave privileges shouldn't depend on how a person became a mother. A single-judge bench ruled in favour of a Orissa Finance Service (OFS) officer, granting her 180 days maternity leave after she became a parent through surrogacy. «Maternity leave should be granted to employees who become mothers through surrogacy to ensure treatment and support for all new mothers, irrespective of how they become parents,» Justice S K Panigrahi ruled.