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Disinflation, not inflation, could be the Bank of Canada‘s next worry.

The world is set to make abundant energy by the second half of the decade as the production of batteries and solar panels surges but there’ll also be an excess of planet-warming fossil fuels, a report released Wednesday by the International Energy Agen...

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Subscribe to enjoy similar stories. A key takeaway from the September quarter (Q2FY25) earnings of HDFC Life Insurance Company Ltd is that pressure on value of new business (VNB) margin continues. VNB margin came in at 24.4% in Q2FY25, down sequentially and year-on-year.

Rana Sugars Ltd.(up 1.67%), DCM Shriram Industries Ltd.(up 0.71%), Rajshree Sugars & Chemicals Ltd.(up 0.36%) and Ponni Sugars(Erode)Ltd.(up 0.05%) stood among the top gainers.

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Subscribe to enjoy similar stories. ICICI Bank is the latest major bank to restrict lounge access for its card users. ICICI credit card holders will now need to spend ₹75,000 every quarter to unlock complimentary lounge access in the subsequent quarter.

Ambuja Cements Ltd. slipped 0.59 per cent to Rs 586.6 in Wednesday's trade as of 01:44PM (IST). The stock hit a high price of Rs 591.35 and low of Rs 576.4 during the session.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. dropped 0.29 per cent to Rs 6089.55 at 01:39PM (IST) in Wednesday's trade. The stock hit a high of Rs 6141.1 and low of Rs 6055.3 so far during the session. The stock had closed at Rs 6107.35 in the previous session. The counter had a total traded volume of 01:39PM shares so far with a turnover of Rs 3.51 crore on BSE. The stock traded at a price-to-earnings multiple of 96.49 and a price-to-book ratio of 6.71.

Subscribe to enjoy similar stories. I am going to get hammered for this. But then, I don’t care.

Bandhan Bank Ltd. fell 0.72 per cent to Rs 192.9 at 12:42PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 326,027 shares with a turnover of Rs 6.31 crore till 12:42PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 12.09, while the price-to-book value ratio stood at 1.34.

DLF Ltd. traded at Rs 868.1 on BSE at 11:40AM (IST) on Wednesday, down 0.81 per cent from previous close. The stock quoted a 52-week low price of Rs 513.55 and a high of Rs 967.0.

Punjab National Bank traded 0.04 per cent down at Rs 104.9 on Wednesday at around 11:45AM (IST), while the benchmark BSE Sensex declined 387.68 points to 81432.44. As many as 161,723 shares changed hands on the counter with a total value of Rs 1.69 crore.

Wipro Ltd.(up 0.68 per cent), HCL Technologies Ltd.(up 0.52 per cent), L&T Technology Services Ltd.(up 0.41 per cent) and Persistent Systems Ltd.(up 0.1 per cent) were among the top gainers.

Indian Oil Corporation Ltd. rose 0.98 per cent to Rs 169.5 at 10:25AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 331,071 shares with a turnover of Rs 5.64 crore till 10:25AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 7.78, while the price-to-book value ratio stood at 1.26.

REC Ltd. gained 0.84 per cent to Rs 552.1 at 10:29AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 555.35 and low of Rs 545.85 so far during the session. The stock had closed at Rs 547.45 in the previous session. The counter has had a total traded volume of 109189 shares so far with a value of Rs 6.03 crore on the NSE. It traded at a price-to-earnings multiple of 9.93 and a price-to-book ratio of 1.73.

Voltas Ltd. gained 3.43 per cent to Rs 1876.0 in Wednesday's trade as of 09:59AM (IST). It hit a high of Rs 1878.55 and low of Rs 1827.35 during the session. The stock quoted a 52-week high price of Rs 1946.2 and a low of Rs 806.9. The return on equity for the stock stood at 4.32 per cent. About 21,469 shares have changed hands on the counter so far.

electric vehicles globally, especially in China, is poised to disrupt the global oil market, according to a report released Wednesday by the International Energy Agency. In recent years, China has accounted for most of the growth in oil demand and planet-heating emissions, but electric vehicles now make up 40% of new sales of cars there, and 20% of sales globally, putting major oil and gas producers «in a bind.» The IEA World Energy Outlook 2024 outlines a future where EV adoption continues to gain momentum, potentially displacing up to 6 million barrels per day of oil demand by 2030. The agency said based on current trends and policies and the availability of materials, EV will reach 50% of global car sales in 2030. China already accounts for half the world's electric cars on the road. By 2030, it's projected that 70% of new car sales in China will be electric. With its massive additions of new wind and solar power, China is aligned with its target for addressing climate change, seeing emissions peak and begin to decline by the end of the decade.

private banks due to higher fees and lower provisions sequentially. The subdued numbers for the lenders will be driven by muted net interest income (NII) due to slowdown in loan growth. However, asset-quality metrics should be less worrisome, barring lenders exposed to the microfinance sector, analysts said.