Indian banks' profitability is expected to moderate in 2025-26 due to higher delinquencies in unsecured loans and rising credit costs, according to India Ratings. Rapid financial improvement seen between 2021-2024 is likely to peak in 2024-25. Increased delinquencies in personal loans, credit cards, and microfinance will impact banks' profits, with credit growth forecast cut to 13.5% for 2024-25.
The BJP in Karnataka has urged the state government to take serious precautions against Human Metapneumovirus (HMPV) following two cases in Bengaluru. The Leader of Opposition, R Ashoka, emphasizes the need for immediate assessment of oxygen and ICU bed availability in preparation for potential outbreaks, as the virus primarily affects vulnerable populations.
The price-to-earnings (P/E) ratio is a key valuation metric, widely used in stock screening, as it compares a company's share price to its earnings per share.
NASA scientists have made a groundbreaking discovery on Saturn’s moon, Enceladus, with the identification of a mysterious dark spot that appears and disappears.
Seth Abramson, a Musk biographer and Harvard Law graduate, raised concerns over Elon Musk's mental health, citing his history of mental illness and drug use. He warned that Musk's upcoming role as head of the DOGE and his control over key industries pose a risk. Abramson called for urgent action from the current administration.
Delhi Elections: The Election Commission of India has stopped the central government from announcing any Delhi-specific schemes in the Union Budget. This is due to the Model Code of Conduct in place for the upcoming Delhi Assembly elections. Voting is on February 5 and results will be declared on February 8. The budget needs to stay neutral.
A lawyer filed a request in the Bombay High Court for measures against Human Metapneumovirus (HMPV). The plea asks the Maharashtra government to increase surveillance, testing, and reporting of HMPV. It also suggests creating a task force for respiratory viruses and launching health awareness campaigns. Currently, there are confirmed cases in Karnataka, Tamil Nadu, and Gujarat.
Centrum Broking's latest report on India's life insurance sector remains bullish on LIC, SBI Life, HDFC Life, ICICI Prudential Life, and Max Life. Among these, SBI Life and HDFC Life stand out as the brokerage's top picks due to their consistent market share growth and innovative product strategies, outperforming LIC in key metrics.
8 effective home remedies to fade skin pigmentation
A 36-year-old man from Nepal, accused of stabbing his wife's suspected lover in Delhi last November, has been arrested after a cross-border manhunt. Following the attack, he fled to Nepal, frequently changing his phone number. Police apprehended him upon his return to Delhi, charging him with attempted murder.
Market volatility surged amid geopolitical, inflation, and growth fears. Despite short-term risks, Morgan Stanley predicts India's Sensex could hit 1,05,000 in 2025, driven by robust earnings growth, macro stability, and domestic investments, though risks include high oil prices and global slowdowns.
Gujarat's Rabi crop sowing has exceeded 47.55 lakh hectares, surpassing the three-year average, driven by favorable rains and high prices. Notable increases include wheat (13.42 lakh hectares), gram (8.39 lakh hectares), onions (92,000 hectares), and potatoes (1.56 lakh hectares), signaling a potentially profitable year for farmers.
European shares slipped on Tuesday, pulling back after robust gains in the last session, as falling healthcare and financial stocks weighed while investors focussed on key inflation data across the continent due later in the day.
Justin Trudeau resigns: Jagmeet Singh of New Democratic Party, once a key ally of Justin Trudeau, made brutal remarks after he quit as the leader of the Liberal Party and as Canadian Prime Minister. Jagmeet's party withdrew support from Trudeau's minority government in September last year in a rude shock. Jagmeet Singh, who helped Trudeau keep his minority government in power, attacked the Canadian PM for caving to "corporate greed" and claimed that the Liberals have "let people down."
The United Arab Emirates has agreed to extend the repayment of $2 billion due by Pakistan this month, according to Prime Minister Shehbaz Sharif. The UAE President also committed to investing in key projects in Pakistan, aiding its financial stability as it navigates its latest IMF loan review.
Three miners are feared dead inside a flooded coal mine in Assam, India, with six more still trapped. The mine, deemed illegal, faced heavy flooding likely caused by underground water channels. Rescue operations, involving divers and army teams, are ongoing but have yet to recover the bodies.
The Uttarakhand High Court has immediately halted all sandstone mining activities in Bageshwar district due to severe damage to local homes, as revealed by a court-appointed report. The court criticized state officials for ignoring the issue and highlighted the threat of possible landslides and loss of lives.
Netflix will return with the Japanese thriller series 'Alice in Borderland' for a third season this year. The show is about high school student Arisu and his friends who survive dangerous games in a deserted Tokyo. Season 3 may focus on their life after escaping Borderland. The release date is not announced yet.
Dell Technologies Inc. is rebranding its PC lines to simplify naming conventions by ditching older names like 'XPS' and 'Inspiron' for a new hierarchy of Dell, Dell Pro, and Dell Pro Max. This strategy aims to spur demand and follows research supporting customer preference for easier names. Alienware will retain its existing branding.
The Supreme Court on Tuesday refused to entertain a petition alleging irregularities in the Bihar Public Service Commission (BPSC) exam and police atrocities on protesters. The plea sought judicial intervention into the alleged discrepancies in the examination process and the mistreatment of candidates who had been protesting against the exam's conduct.
As the market once again witnesses a correction, there is bound to be anxiety on the street. As an investor, all you can do is apply more filters before investing, especially in mid-cap stocks. Now, how to do that? Suppose you have to choose between two stocks from, say, the real estate sector. In one, the narrative is that the company is set to launch new projects. The second is part of an industrial group known for corporate governance and dividend payouts, but has not been aggressive in terms of growth. Читать дальше...
The Delhi Chief Electoral Officer received a surge of over 5.1 lakh applications for voter registration after December 15, prompting concerns and requiring strict scrutiny. This unusual increase coincided with AAP's populist announcements, leading to investigations and eight FIRs over suspected fraudulent submissions.