Show Financial News
03.12 / 21:07
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PAM
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Pace of credit card additions falls 50% in October
credit card additions at Indian lenders even through the festive season, with analysts anticipating a circumspect approach from banks as pockets of the consumption economy show signs of a demand fatigue. Latest Reserve Bank of India (RBI) data published recently showed credit card additions fell almost 50% year-on-year in October, taking the total card base to about 107 million. Lenders added 786,000 new cards for the month over September. «Net new card additions are expected to moderate in the near term due to rising delinquencies in the credit card receivables,» said Bunty Chawla, research analyst at IDBI Capital Markets. «Most lenders remain cautious on new card disbursements also due to RBI's risk weight norms. Though we expect card spends to remain range bound in the coming months.»
03.12 / 21:07
markets
Provident
Strategy
awards
PAM
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Investigations
Public banks still not ready to let agencies probe employees
finance ministry that they will continue to deny investigative agencies permission to investigate their employees unless they are provided with material evidence of wrongdoing. The finance ministry is meeting with the CEOs and chief vigilance officers (CVO) of PSU lenders today (Wednesday) on resolving conflicts between banks and investigative agencies probing bank officials. According to the banks, investigative agencies have initiated probes on the basis of suspicion and not evidence, and the investigation process is humiliating and often followed by raids. «It demoralises other employees who are not on the radar,» a senior banker said. The agencies contend that the denial of permission to investigate bankers for alleged frauds has resulted in a significant backlog of unresolved cases.
03.12 / 16:29
03.12 / 16:19
markets
Digital
Experts
band
show
2020
reports
Iconic AC/DC announces first U.S shows in 9 years; here are location, venues, dates and all details
AC/DC has announced their highly anticipated ‘Power Up’ North American tour while marking the band's first tour in the region in nine years, reported Deadline. According to Deadline, the tour is all set to kick off on April 10 in the year 2025 at the US Bank Stadium in Minneapolis and will run through May 28 while concluding at Huntington Bank Field in Cleveland. This tour follows a successful European leg and is named after their 2020 album, Power Up. The current lineup includes founding members Angus Young and Brian Johnson along with Stevie Young, drummer Matt Laug and bassist Chris Chaney, asserted Deadline.
03.12 / 16:19
markets
Reuters
Strategy
Boeing
show
reports
Department
US job openings rise in October, layoffs decrease
Job openings, a measure of labor demand, had risen 372,000 to 7.744 million by the last day of October, the Labor Department's Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday. Data for September was revised lower to show 7.372 million unfilled positions instead of the previously reported 7.443 million. Economists polled by Reuters had forecast 7.475 million vacancies. Hires fell 269,000 to 5.313 million. Layoffs decreased 169,000 to 1.633 million.
03.12 / 15:35
markets
Provident
Boeing
wellness
show
reports
Department
US job openings rose last month, though hiring slowed, in mixed picture for labor market
The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled
03.12 / 14:37
Hollywood
Career
wellness
show
stars
reports
Relationships
Ashton Kutcher to choose between Diddy and wife Mila Kunis? A battle between friendship and marriage
During a 2018 appearance on The Late Late Show with James Corden, both stars reminisced about their first phone call. Diddy revealed, “I gave him a call one day and I said, ‘I heard that you’re gonna punk me and I just don’t think that’s a good idea.’” Ashton responded, “If you do that, that will not end well for you. But I think we should work out a deal.” This early interaction set the tone for a dynamic relationship that would span decades.
03.12 / 14:03
markets
Airlines
Strategy
show
travelers
Videos
'Tandoori a**': Woman harasses Indian-American on flight, removed by airline
United Airlines airport shuttle bus after a confrontation with a family on November 24. Pervez Taufiq, a wedding photographer traveling with his wife and three sons from Cancun to Los Angeles, recorded the incident. The dispute began on the flight, allegedly involving the woman and Taufiq’s son. The situation escalated on the shuttle bus. Video footage shows the woman saying to Taufiq: “Your family is from India, you have no respect, you have no rules, you think you can push everyone, push, push, push. That’s what you think you are. You guys are f****** crazy.” She also threatened to record his “f–king tandoori ass” after Taufiq referenced earlier comments she made about curry. Taufiq posted the video on Instagram, stating the woman had harassed his son on the flight and told him to “shut up” on the bus. He said her husband then confronted him. Taufiq stated that United Airlines staff removed the woman from the bus after a bystander confirmed she initiated the incident.
03.12 / 14:03
markets
show
mtv
stars
Ashton Kutcher-Sean Diddy friendship seeing cracks after Mila Kunis' 'warning' amid divorce rumours? Know the truth
Ashton Kutcher and Sean 'Diddy' Combs became friends in the 2000s with the music mogul explaining they «got together and then we became the rat pack, you know, the new rat pack». Ashton and Diddy originally met as MTV stars when the actor was the frontman for the show Punk'd and Diddy was having musicians early in their career to head out to Brooklyn to grab him a slice of cheesecake. On a 2018 episode of The Late Show With James Corden, they recalled their first phone call. Reminiscing their early days as MTV stars, Sean Diddy said, at the time: «I gave him a call one day and I said, ‘I heard that you’re gonna Punk me and I just don’t think that’s a good idea.” »I think it was some version of ‘If you do that, that will not end well for you. But I think we should work out a deal," Ashton Kutcher then chimed in.
03.12 / 13:57
Progressive
economy
poverty
show
country
travelers
infection
Nitin Gadkari reveals how Delhi pollution makes him rethink every visit to the Capital
Union Minister Nitin Gadkari, who is also Member of Parliament from Nagpur, expressed his concern over the worsened pollution levels in Delhi as he often hesitates to visit the national capital because it poses health risks. On Tuesday, while speaking at an event, Gadkari confessed that this city’s pollution causes infection very frequently, making him reluctant to travel there.
03.12 / 13:17
03.12 / 12:21
markets
Art
Strategy
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Experts
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Features
Jaguar unveils electric concept car days after Elon Musk trolled its 'woke' ad
Jaguar on Monday revealed its electric Type 00 concept car during Miami Art Week, showcasing the company's new design and electric vehicle strategy. The concept, a part of its newly rebranded identity, was released days after billionaire Elon Musk mocked its previous ad for being 'woke'. Last month, the company released a 30-second spot showing diverse models and bright colors. The advertisement was panned by several who said it was «woke» including Tesla and X CEO Elon Musk mocked the ad saying, “Do you sell cars?" The luxury British carmaker has filled in some of the blanks by revealing a concept car. The Type 00, named to represent zero emissions and its position as the first of a new generation, features a long hood, curved roofline, and boat-tail rear. This design was made possible by Jaguar's new electric platform called JEA. The company also confirmed plans for a new four-door GT car, set to release in late 2025. This production model is projected to have a range of up to 478 miles (770km) and fast-charging capability.
03.12 / 12:21
markets
Strategy
Puzzle
Yellow
Experts
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blues
NYT Connections hints, answers December 3: How to solve today's New York Times puzzle game?
NYT Connections hints for Tuesday are out as readers can now get answers for December 3 New York Times (NYT) Connections puzzle. NYT Connections is game that is managed by New York Times' associate puzzle editor Wyna Liu. New York Times offers 16 chosen words that are required to be divided into categories. NYT Connections December 3 Purple Category has less sounded letter. Green Category has popular nicknames. Blue Category features American educational show characters. Yellow Category consists of TV shows.
03.12 / 12:01
markets
Strategy
wellness
Cycling
show
performer
rights
Value vs momentum strategy: Which works better in bull and bear markets?
A value strategy means investing in undervalued companies with strong fundamentals that are trading below their intrinsic value and are out of favour from a price perspective. The expectation is that, eventually, these companies will show a strong upward price movement.
03.12 / 10:53
markets
Citi
Platform
Entertainment
Metro
show
Affordable subscriptions, wide content selection drive audio entertainment growth
Subscribe to enjoy similar stories. Audio entertainment startups Pocket FM, Kuku FM, and Pratilipi FM are gaining in popularity, especially beyond the metro cities, thanks to affordable subscription plans and a wide variety of fiction and non-fiction content that keeps users glued to the platforms. The emergence of artificial intelligence and the creation of more regional content are only expected to spur growth for these platforms, with some shows raking in as much as ₹100 crore, company executives and investors said.
03.12 / 09:31
markets
Strategy
Experts
PAM
show
stage
Quant Mutual Fund close to fully deployed, betting on market revival
corporate earnings data and the market beginning to show early signs of revival, Quant Mutual finds itself close to fully deployed and believes that its risk-off phase is at the fag-end stage. “Although high-level macroeconomic and corporate earnings data merit tracking, most, if not all of these below-estimates data are factored in and timing is ripe for being optimistic about selective segments of the market. Hence, we are now close to fully deployed and believe that risk-off phase is in its fag-end stage,” the fund house said in its monthly release. Also Read | Taking stock: 70% equity mutual funds outperform their benchmarks in 2024
03.12 / 09:31
markets
UPS
Strategy
economy
Experts
show
reports
Luxury+1: Will Bulgari show brands the way from China to India?
Bvlgari, the Italian maker of luxury jewellery, watches, fragrances, accessories, and leather goods, is looking at India to make up for falling demand in China. Bulgari is expanding its footprint in India to take advantage of strong growth and favorable demographics, Bulgari chief executive officer Jean Christophe Babin said in an interview with Bloomberg TV. In October, Bulgari announced the launch of its first digital boutique in India in partnership with Tata CLiQ Luxury.
03.12 / 08:01
markets
Provident
Analysis
Metro
show
country
reports
Voda Idea's revenue market share at all-time low in Q2FY25
Subscribe to enjoy similar stories. NEW DELHI : Vodafone Idea Ltd’s revenue market share declined to an all-time low of 14.5% for the quarter ended 30 September 2024, as it lost share in all circles despite having reported revenue growth for consistent quarters. Market leaders Reliance Jio Infocomm Ltd and Bharti Airtel Ltd gained at the expense of the country's No.
03.12 / 07:55
03.12 / 07:19
markets
COST
Manufacturing
Strategy
Trade
show
information
Trump’s tariffs would worsen the China shock experienced by the rest of us
Subscribe to enjoy similar stories. Imagine we are on a game show where we’re given a choice of picking any one of three doors. Behind one door is a car, while the others hide one goat each.
03.12 / 07:11
markets
Strategy
Analysis
trends
Trade
Experts
show
HDFC AMC shares 0.21% as Sensex rises
HDFC Asset Management Company Ltd. traded 0.21 per cent at Rs 4259.25 at 12:12PM (IST) on Tuesday, even as BSE benchmark Sensex 471.19 points to 80719.27. The stock had closed at Rs 4250.20 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4862.00 and Rs 2852.85, respectively.
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