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₹25 trillion. And Buffett isn't just sitting on it; he's earning significant interest income from US government bonds. As the Oracle of Omaha sits on this colossal pile of cash, the financial world is abuzz with speculation.

Pidilite Industries Ltd. dropped 0.4 per cent to Rs 3121.0 at 10:30AM (IST) in Monday's trade. The counter hit a high of Rs 3136.0 and low of Rs 3071.35 so far during the session. The stock had closed at Rs 3133.7 in the previous session. The counter had a total traded volume of 10:30AM shares so far with a turnover of Rs 1.03 crore on BSE. The stock traded at a price-to-earnings multiple of 90.33 and a price-to-book ratio of 18.24.

«I think it is really telling you, number one, there is a risk of a recession. I think it is premature to say that, but nevertheless there is a risk of a recession and in response to that risk, the Federal Reserve will reduce interest rates three times in 2024 and let us not forget there is the expectation that after reducing interest rates three times in 2024, the expectation is they will reduce interest rates four times in 2025 or one time each quarter,» says Hugh Johnson, Hugh Johnson Economics. What has changed so suddenly that the markets are now worried about growth, crisis, yen carry trade, just about everything has come together? Hugh Johnson: Well, I think, there always has to be some news of some sort that sort of touches off the correction and I think quite frankly the market had been a good market for a long time and it reached levels were a little bit pricier or overvalued, which made them very vulnerable to some bad news.

Bitcoin (BTC) selling continued over the weekend, with the cryptocurrency plummeting nearly 15% over the last week, its largest seven-day decline since the collapse of bankrupt crypto exchange FTX in November 2022. The sharp downturn carried over into Monday's Asian session, taking bitcoin to its lowest level since February.

At least 11 firms, including Indus Towers Ltd., have or are set to approve share buybacks shortly after the new regime was proposed in the budget on July 23. This is a jump from the average of about four transactions per month in 2023, data from primeinfobase.com show.

B. Riley Wealth Management chief market strategist Art Hogan discusses how investors can make money in a turbulent market on «Making Money.»

Washington Post editorial writer and columnist Heather Long discusses the Federal Reserve's management of rate cuts and the impact of the July jobs report.

stress in unsecured retail, micro finance and some rural advances as seasonal impact of the heatwave, election season slowdown and higher risk weights led to increase in slippages during the first quarter. However, analysts do not expect asset quality to be a challenge yet. Instead, most observers believe that Indian lenders will have to contend with falling margins and slow deposit growth this year. Data from the results of 40 listed banks analysed by ET showed that though net profit increased a healthy 21%, margins continued to be weak and deposit growth still lagged credit demand. There was a notable increase in stress in some micro finance and personal loan accounts. State Bank of India's fresh slippages increased to ₹7,903 crore in June 2024 from ₹7,659 crore a year ago and was double the ₹3,867 crore reported in March 2024 mainly as ₹3,000 crore of loans to individuals slipped during the quarter and was the largest chunk of fresh slippages, followed by ₹2,500 crore of agriculture loans. Chairman Dinesh Khara attributed the slippages to some delay in salaries by some state governments during the quarter.

new cast members Robert Joy and Samantha Brown joining the series.

cyber criminals are targeting almost every facet of the fintech industry to gain access to critical customer data. Non-banking finance companies — account aggregators (NBFC-AAs), which has just started to take off, has now become the latest target of fraudsters. Two people in the know said the Indian Cyber Crime Coordination Centre (I4C) recently met top executives of some of the major NBFC-AAs to address issues of cyber fraud attacks and ways to tackle them.

Netflix has renewed the Colombian series Eva Lasting (La Primera Vez) for a third and final season. The announcement confirms that the romantic coming-of-age period drama will conclude with season 3.

paddu—served at breakfast, sambar-rice for lunch and mirchi bajjis (chilli fritters) as an evening snack. She has been helming this micro-business for five years now, paying for the upkeep of three children and their education. Taiyamma’s husband, a driver in a neighbouring state capital, earns just enough to repay monthly loan instalments on a newly acquired pick-up van.

Fitch Ratings noted that elevated interest rates in the US since 2023 have begun to show some effect on the labour market and demand. Adding to worries, the global rating agency said politics remains an area of high uncertainty, with geopolitical risks here to stay. The rating agency noted that signs of a slowdown in the US are evident in weak credit growth and slowing consumer spending. This trend is expected to continue in the second half of 2024, with real GDP growth decelerating, though likely remaining above recession territory.

For years, KBC has been a platform where contestants answer questions on various topics such as current events, entertainment, sports, geography, and history to win cash prizes. Lifelines have always been a crucial part of the game, providing much-needed help when contestants are unsure of an answer. However, this season brings a significant twist with the introduction of the 'Super Sawaal' segment.

children happily engrossed in making 'parthiv shivling' (creating shivlings out of clay) in Shahpur in Madhya Pradesh's Sagar district on a wet Sunday had no inkling that a cruel twist of fate would snatch nine of their friends forever. Nine children in the 10-15 age group were killed and two injured after a wall of a dilapidated house near a temple collapsed between 8:30am and 9am, wiping out the happiness residents of Shahpur town were deriving from the three-day 'parthiv shivling nirmaan' programme, a staple of the month of 'Saavan', underway at Hardoi Temple. «I was returning after offering water to the shivling when a wall collapsed, trapping several children who were making clay shivlings under a tent. I was stunned and could not fathom what was happening. The urn in which I had taken water for the offering fell from my hand. I shouted and people for all around rushed to help,» said an eyewitness, who was one of the organisers of the religious event. A video of his narration of the incident to local police at the site, in which he can be heard saying the programme was on for the past three days, went viral on social media soon after. «The wall collapse took place in a dilapidated house belonging to one Patel. We did not know how precarious its condition was or else we would never have erected a tent using it as support. Constant rains further weakened the structure,» he said.

Johnson Space Center, a Houston-area church takes a moment during Wednesday Bible studies and Sunday evening services to pray for two members who cannot be there. In fact, there's no way on Earth for NASA astronauts Barry «Butch» Wilmore and Tracy Dyson to show up at Providence Baptist Church. They're in space, orbiting the planet. More specifically, these two members are working on the International Space Station together. Like many astronauts before them, they brought along their faith when they launched into space. «God uses all of us in pretty neat ways, and I think I get the most joy from what I do thinking about it in those terms,» said Dyson, discussing her job on the «Bible Project» podcast ahead of her March launch on a Russian Soyuz spacecraft.

Raj Bhavan in Bengaluru is set to emerge as the centre of action as Governor Thawarchand Gehlot weighs on a request for sanction of prosecution of chief minister Siddaramaiah as the BJP-JDS padayatra and a counter rally by the Congress have picked up momentum. The NDA partners have accused the CM of unlawfully gaining 14 plots in an upscale Mysuru residential area and have set out on a weeklong march to Mysuru from Bengaluru gunning for his scalp. The Congress too has begun a six-day rally on Friday – a day ahead of the NDA yatra – as part of a counter strategy to deflect the attention away from the BJP show.

Centre is planning to amend the Waqf Board Act, AIMIM Chief Asaduddin Owaisi said on Sunday that it shows that the Modi government wants to snatch away the autonomy of the board and intends to interfere in it. Addressing a conference, Owaisi said, «Firstly, when Parliament is in session, the central government is acting against parliamentary supremacy and privileges and informing the media and not informing Parliament. I can say that whatever has been written in the media about this proposed amendment shows that the Modi government wants to take away the autonomy of the Waqf Board and it wants to interfere. This itself is against the freedom of religion.» The Hyderabad MP also alleged that the BJP has been against these boards and Waqf properties from the very beginning and they have been working on a «Hindutva agenda».

Bharti Airtel is expected to report revenue of Rs 38,488 crore for the quarter ended June 30, 2024, according to the average estimates of four brokerages. This represents a 2.6% year-on-year (YoY) increase. The net profit after tax (PAT) is projected to range between Rs 2,068 crore and Rs 3,922 crore. The highest revenue estimate comes from Axis Securities at Rs 38,996 crore, while the lowest is from Prabhudas Lilladher at Rs 38,164 crore. Nuvama Institutional Equities and BNP Paribas have estimated revenue at Rs 38,600 crore and Rs 38,191 crore, respectively.