HDFC Bank advances rose 53% to Rs 24.87 lakh crore. LIC boosted IDFC First Bank's stake to 2.68%. Dr Reddy's, Sun Pharma recalled items in the US. PNB's global business grew 10%. Raymond Realty, Poonawalla Fincorp, IDBI, Ujjivan SFB, Lloyds Metals, RBL Bank's deposits rose 18%, and Mahindra Lifespace will redevelop Mumbai societies.
RBI’s financial stability report warns of climate change risks despite declining loan defaults. Concerns exist over exposure to energy and construction sectors. A 2023 framework mandates climate strategies by March 2028. Regulatory delays persist, with a 2021 task force and low foreign interest in green bonds. Efforts to attract global investors continue. Public sector banks are particularly vulnerable.
Global equities maintain record highs ahead of US jobs data. Markets anticipate potential Fed rate cuts. Emerging market equities benefit from soft US economic data. UK Labour Party projected to win big, impacting Conservative performance. France prepares for final round of parliamentary elections.
Learn about Earth's upcoming aphelion, where it reaches its greatest distance from the sun. Explore the impact of elliptical orbits and gravity on planetary movement. Understand how Earth's tilt and orbit shape our seasons. Discover the potential consequences of a more eccentric orbit on Earth's climate.
Telangana has requested the IT ministry to establish compute capacity in the proposed AI city in Hyderabad under the National Supercomuting Mission, saying that the Centre for Development of Advanced Computing (CDAC) has shown interest for the same. If the government agrees, some land will be given to them to set this up, Telangana IT secretary Jayesh Ranjan told ET.
Secondary stake sales and buyouts are driving most of the larger deals being made by private equity (PE) and venture capital (VC) funds in new-age firms, data from investment banking firm DC Advisory showed. In the first six months of 2024, when 37 deals took place in the $50-500 million range, 62% were secondary transactions or buyouts, with external primary investment rounds making up only 13%.
India's hinterland air travel surged last year, driven by civil aviation ministry data and government schemes. Airports like Diu, Pantnagar, Tezpur, and Prayagraj saw significant growth, boosted by the Udan scheme and low fares. IndiGo and other airlines expanded services, with CFO Gaurav Negi highlighting the importance of regional routes for broader networks.
The stock price surged 242% from Rs 164 on July 4, 2023, to Rs 562 on July 3, 2024, reaching a record high of Rs 607 on June 3, 2024. However, it couldn't sustain the momentum and consolidated around Rs 500 for three weeks before finally breaking out this week.
Exit poll predictions for an election are made after the last vote has been cast. It is natural to suspects it’s accuracy, especially when they are released immediately after the elections have concluded. In the UK, it has been found that the exit poll predictions have been accurate so far. The exit polls have now predicted a comprehensive victory for the Labour Party in the elections which have just concluded.
The UK general elections voting process have officially come to a close and the results are awaited by the nation, which will start coming in from 11.30 pm local time. Meanwhile, the exit polls are suggesting a landslide victory for the Labour Party and a change in office of the Prime Minister. What will be outcome of the UK elections this time?
Will Reeve, son of Christopher Reeve, will have a cameo as a TV reporter in James Gunn's "Superman." The film, starring David Corenswet, releases on July 11, 2025. A documentary about Christopher Reeve, "Super/Man," premieres in theaters on September 21, 2024.
The British Grand Prix makes its headway in UK as the 12th Formula One round of the season, and will also host Lewis Hamilton's seventh home race, which in itself is a record. The practice sessions of the respective teams are already kicking off at the Silverstone Circuit, as they gear up for the pole positions that lie ahead of them. Here's how you can catch all the live action of the British Grand Prix 2024 live in US.