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GAIL (India) Ltd. gained 0.2 per cent to Rs 221.9 in Monday's trade as of 11:41AM (IST). The stock hit a high price of Rs 223.55 and low of Rs 220.6 during the session.

Bajaj Finance is expected to report a net interest income in the range between Rs 8,810 crore and Rs 9,187 crore for the quarter ended September 30, 2024 according to estimates by five brokerages. This is likely to be an uptick of 24-28% over the corresponding quarter of the previous financial year. The profit after tax (PAT) in the July-September quarter could be around Rs 4,030 crore to Rs 6,083 crore.

stability with a mandate to his government for three consecutive terms and asserted that they strengthened this expression of stability in the recent Haryana Assembly polls. Addressing the NDTV World Summit here, he also said India has a «double AI» advantage and that when the power of 'aspirational India' and 'artificial intelligence' combines then it is natural for development to take place at a fast pace. Modi said India is a friend in times of crisis and cited how the country sent vaccines to scores of nations during the Covid pandemic. «India does not have 'taken for granted' relations, its relations are built on trust and reliability.When India moves forward there is no jealousy but world feels happy about it as its progress benefits the world,» the prime minister said.

Tech Mahindra today surged 4% in an intraday session to their new 52-week high of Rs 1,761.30 after the company on Saturday reported a 153.1% year-on-year (YoY) to Rs 1,250 crore for the second quarter, while its revenue rose by 3.5% YoY to Rs 13,313 crore in the said quarter. On a sequential basis, profit and revenue saw growth of 46.81% and 2.36%, respectively.

Domestic benchmark index NSE Nifty fell 63.3 points to 24790.75, while the BSE Sensex traded 70.24 points down at 81154.51.

Kotak Mahindra Bank shares fell over 4% to Rs 1,793.85 on NSE after the private sector lender after its net interest margin (NIM) moderated 11 bps sequentially to 4.91% and card delinquencies drove an increase in slippage run-rate. «Factoring in slower growth and rising NPAs, we cut our earnings by 1-5% over FY25-27E, while we retain our REDUCE rating with TP of Rs1,700 rolling forward on 1.7x Sep-26E Standalone ABV and subs/inv value at Rs550/share,» Emkay Global analyst Anand Dama said.

The ranch in remote eastern Nevada produces around 10,000 tons of hay annually, and combines cowboy culture with a dash of Manifest Destiny. Rabbits, gophers and the occasional badger always outnumber humans and the nighttime sky is dark enough to count the stars. But the Bakers' business couldn't survive without an agricultural guest worker program that brings in Mexican immigrants for about nine months a year to help harvest crops in fields where temperatures frequently exceed 100 degrees Fahrenheit (37.8 Celsius).

Dalmia Bharat will be in focus on Monday after the firm’s profit slumped by 60% in the September quarter as weak prices of cement weighed on earnings, even as the cement maker sold more cement during the quarter as compared to the previous year. The New Delhi-based company clocked in a net profit of Rs 49 crore for the quarter, down over 60% on year, while income from operations was more than 2% lower at Rs 3,087 crore.

HDFC Bank, Reliance Industries, and IT stocks. The BSE Sensex was trading 475 points, or 0.59%, higher at 81,700. The Nifty50 was up 102 points, or 0.41%, trading at 24,955 around 9:18 am.

Kotak Bank shares will be in focus in today's trade as the private sector lender reported Q2 profit recorded a growth of 5% year-on-year (YoY) to Rs 3,344 crore The bank's net interest income (NII) for Q2FY25 increased 11% YoY to Rs 7,020 crore, from Rs 6,297 crore in the corresponding quarter of the previous financial year.

Reliance Infrastructure will be in focus on Monday after the shareholders approved the company's plan to raise Rs 6,000 crore through a preferential share issue and qualified institutional placement (QIP). The proposals received over 98% approval via postal ballot, as disclosed in a stock exchange announcement.

Kotak Mahindra Bank are likely to remain in focus today after the company on Saturday reported a 5% year-on-year (YoY) rise in its standalone profit after tax (PAT) for the quarter ended September 2024 to Rs 3,344 crore. The bank's net interest income (NII) for Q2FY25 increased 11% YoY to Rs 7,020 crore, from Rs 6,297 crore in the corresponding quarter of the previous financial year.

Ripple’s XRP has recently displayed resilience despite ongoing regulatory pressures. The token faced an 18% drop earlier in October due to renewed legal uncertainties with the U.S. Securities and Exchange Commission (SEC).

Harshad Mehta, a character who would have escaped Gen Z but for an OTT web series, continues to cast a spell, reminding RBI officials in the tower, of the sharp practices of Harshad, his cohorts and later generations of wily brokers in the financial markets. Down the years, the guile of these bond market intermediaries has bred in the bones of RBI officials a suspicion and distrust towards brokers who once ripped off institutions, helped banks mask their losses in G-Secs and corporate bonds, and had senior bankers and treasurers eat out of their hands. Though their influence has waned — with the regulator throwing new rules after every shock — RBI remains famously wary about brokers. So much so that brokers are barred from directly dealing on the electronic, screen-based system owned by RBI for G-Sec secondary trades. Called NDS-OM (negotiated dealing system-order matching), orders are matched anonymously, as it happens in the stock market. Direct participants in the market are confined to regulated entities like banks, bond houses, asset managers, insurers and retirement funds — institutions that RBI is comfortable with. Brokers, though regulated by Sebi, remain a dodgy breed in RBI's eyes.

outflow rates on retail deposits in preparation for the upcoming revisions to the liquidity coverage ratio (LCR) rules, which require them to purchase more high-quality liquid assets. The banking regulator is set to issue revised LCR rules to mitigate the risk emanating from mass withdrawals of deposits-an event that triggered the collapse of Silicon Valley Bank in the US. Although the Reserve Bank of India has not yet issued the final guidelines for the revised LCR regulations, banks said that they are likely to be effective April 1 next year. Axis Bank, which declared its second-quarter results last week, said its average LCR has fallen because it applied a higher outflow rate than that prescribed by the RBI. Its LCR was 115%, down 5 percentage points over the June quarter.

An investigation revealed traces of low explosives near the blast site, prompting a thorough inquiry by the Delhi Police, the National Investigation Agency (NIA), and the National Security Guard (NSG). Officials at the scene told that traces of low explosives and other materials commonly used in crude bombs were found.

Russia's top diplomat has said that his country believes that India, Brazil and African countries should be represented in the UN Security Council on a permanent basis to ensure the representativeness of the global majority, state-owned TASS news agency reported on Sunday. «Countries such as India, Brazil, as well as representatives of Africa should have been on a permanent basis in the Security Council for a long time. This is necessary to ensure representativeness, representation of the global majority,» Russian Foreign Minister Sergey Lavrov told aif.ru. in an interview, TASS reported. India has been at the forefront of years-long efforts calling for reform of the Security Council, including expansion in both its permanent and non-permanent categories, saying the 15-nation Council, founded in 1945, is not fit for purpose in the 21st Century and does not reflect contemporary geo-political realities. Delhi has underscored that it deserves a permanent seat at the horse-shoe table. Last month, British Prime Minister Keir Starmer joined US President Joe Biden and French President Emmanuel Macron in backing India's bid for a permanent seat on the United Nations Security Council (UNSC).

NBFC Indel Money on Sunday announced the fifth public issue of secured NCDs of the face value of Rs 1,000 each. The issue opens on October 21, 2024, and closes on November 04, 2024 (with an option of early closure in case of early over-subscription). The issue includes a base issue size for an amount of up to Rs 75 crore with an option to retain oversubscription up to Rs 75 crore aggregating up to Rs 150 crore. The coupon yields up to 13.44% per annum with tenure ranging from 366 days to 66 months. The minimum application size is Rs 10,000 across all series of NCDs. The NCDs are proposed to be listed on BSE Limited

Subscribe to enjoy similar stories. New Delhi: With an eye on China, India is intensifying efforts to expand the number of Geographical Indication (GI) products to scale up exports and secure premium pricing in global markets, two people aware of the development said. GI products play a critical role in export promotion by highlighting the unique qualities tied to specific regions, cultures, and production methods.

CRPF school in Prashant Vihar, Rohini, shocked local residents and led to widespread concerns over security. The explosion damaged the school wall, shattered the windows of nearby cars, and destroyed shop hoardings in the vicinity. Fortunately, no one was injured. The Delhi Police, along with multiple investigative agencies, immediately launched a probe into the incident. A case under the Explosives Act has been registered, and forensic teams, including sniffer dogs, have been deployed at the blast site to search for clues. According to initial reports, a crude bomb may have been used, but forensic experts are still examining the scene. Delhi Police have confirmed that no definitive cause has been determined, and the investigation remains ongoing. Police are also scanning CCTV footage in the area to identify any suspects.

Rohit Sharma gave a hint at batter Shubman Gill's fitness, who had missed out on the game due to neck stiffness. India did feel the absence of one of their best young talents, as fine batting performances from Rachin Ravindra and Devon Conway and fiery bowling spells from Matt Henry and William O'Rourke helped New Zealand secure their first Test win in India after 36 years as they defeated the hosts by eight wickets despite a fine fightback from the ICC World Test Championship 2023-25 table-toppers. Despite fine knocks from Sarfaraz Khan and Pant, India faced a collapse after the introduction of the new ball and could set only 107 runs for the Kiwis, which they chased down successfully.