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₹275 crore. In comparison, the bank reported a net profit of ₹223 crore during the corresponding period last year and ₹202 crore in Q1FY24. Net interest income (NII), the difference between interest earned from lending and interest paid to depositors, increased by 14% YoY to ₹830 crore, compared to ₹726 crore in Q2FY23, while the net interest margin improved to 3.33% in Q2FY24 from 2.98% in Q2FY23.

The stars aligned for Netflix in its latest quarter, but making sequels to this hit will be a challenge. The streaming giant said Wednesday that it added about 8.8 million net new paid subscribers during the third quarter. That is the highest number added in a single quarter since early 2020, when interest in TV streaming exploded during the pandemic lockdowns.

That's the stuff of nightmares for media barons as Google and others experiment with what's called generative AI, which creates new content drawing from past data.

Bitcoin ATMs has been continually falling over the past ten months, according to AltIndex.com. The CoinATMRadar data showed more than 1,500 ATMs supporting digital coins were removed in January, revealing the first signs of a negative trend. March saw an even bigger drop, with the number of Bitcoin ATMs falling by nearly 3,600 that month alone. After more than 2,300 new machines were added to the global Bitcoin ATM network in May and June — July brought the worst drop in 2023, the report said.

Arnav Pandya, Founder, Moneyeduschool, says “whenever an active fund manager is managing a portfolio, the benchmark is an important component which will come into play. One has to see that within a particular fund how much is the variation the fund manager goes for from the benchmark in trying to earn that extra alpha or generate higher returns.” The five sectors namely are financial services, consumer discretionaries, IT, healthcare and industrials. Talking about the exposure, the highest, 31% in financial services, consumer is 10%, IT 9% and health and industrial almost 6%. A lot of similarity is seen when an active fund manager frames his strategy for a particular fund which resembles the index or a benchmark. Do you think it is a very common practice or that is how it is supposed to be? Whenever an active fund manager is managing a portfolio, the benchmark is an important component which will come into play because while the fund manager is trying to beat the benchmark because of the manner in which each of the funds are categorized by the definition of which has been laid down by the Securities and Exchange Board of India (SEBI) plus the fact that we are likely to have the main holdings, which are also part of the benchmark.

Cogwise ($COGW) is an upcoming utility-focused crypto presale at the intersection of artificial intelligence (AI) and blockchain.

Wells Fargo Advisors SVP Mark Smith reveals which stock market sectors are poised to break out on 'Making Money.'

Potomac Wealth Advisors President Mark Avallone discusses whether the stock market rally will last after CPI data showed inflation slowed again in June on «Varney & Co.»

From 8-½ month highs of nearly $3.50, US natural gas is clinging to low $3s now after a mini crash over two weeks.

(Reuters) — Federal Reserve Chair Jerome Powell will take the podium in New York on Thursday with his colleagues at the U.S. central bank in apparent agreement to hold interest rates unchanged at their next meeting in two weeks but with still-great uncertainty about what happens after that.

Aditya Gaggar, Director of Progressive Shares believes that the earliest signs of recovery in the IT sector would only be visible from Q4FY24 or Q1FY25 onwards. In an interview with Mint, he said one can look at banking, infrastructure, auto, pharma, and chemicals sectors to invest. However, he emphasised that it is more of a stock-specific rather than a sector-driven market.

Take a look at the video below, Responding to the post, IRCTC said that the matter is viewed seriously and suitable action has been taken. “The matter is viewed seriously and suitable action has been taken. Pantry Car Staff have been sensitized to ensure hygiene and cleanliness in the pantry car.

PI Industries Ltd. traded 0.02 per cent down at Rs 3509.6 at 12:58PM (IST) on Thursday, even as BSE benchmark Sensex dropped 92.82 points to 65784.2.

Twenty Point Programme in Q1FY24, data released by MoSPI showed. The performance has declined from Q1FY23 when it achieved over 80% completion in 10 of 14 projects. Further analysis indicates that target completion, even among indicators where it had performed well, had declined.

Inflation in the U.K. held steady at 6.7% in September as easing food and drink price rises were offset by higher fuel costs for motorists

Secretary of State Antony Blinken says new U.S. sanctions are “directed at Hamas terrorists and their support network," not at Palestinians

Economy Minister Sergio Massa and former Security Minister Patricia Bullrich adapted shrewdly over their combined seven decades in Argentine politics

Officials say surveys have detected that the population of young lobsters has declined nearly 40% in some of the most critical fishing waters off New England

A South Korean company has begun production at a huge solar panel factory in Georgia

SBI Cards and Payment Services Ltd. dropped 0.28 per cent to Rs 796.85 at 12:38PM (IST) in Thursday's trade. The scrip has hit a high of Rs 800.95 and low of Rs 789.05 so far during the session.

Shares have tumbled in Asia following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks