HDFC Bank Q1FY24 results analysis: Shares of HDFC Bank, the world's seventh largest financial entity, have advanced 2 per cent in two days, as against 1 per cent rise in the benchmark S&P BSE Sensex, after the lender reported its April-June quarter (Q1) results for financial year 2023-24 (FY24) on July 17. The S&P BSE Bankex index, meanwhile, has gained 1.3 per cent. While the near-term stock performance may remain sideways due to merger-related hiccups, analysts remain bullish on the stock's long-term prospects.
'Being patient, kind, and supporting each other is the backbone of our love.'
The ruble has recouped most of its losses and become the top-performing currency globally. It continues to gain and is up 60 per cent against the US dollar from its lows in the first week of March. The ruble appreciated to 83 to the dollar intraday on Tuesday against a record low of 139 on March 7.
anchester City thrashed Brazilian side Fluminense 4-0 to cap a remarkable year by capturing their fifth trophy of 2023
Given the 2024 general elections, it is unlikely that the allegations around electoral bonds, raised by the Opposition, will disappear easily or with a shrug of the BJP's shoulders and fabled 56-inch chest, argues Shyam G Menon.
Diversified company GHCL, part of the Dalmia Group, said on Monday its step down subsidiary Best Textiles International in USA has acquired assets of Best Manufacturing Group LLC for $35 million.
Despite the best ever quarterly net profit of Rs 3,091 crore during April-June of financial year 2023-24 (Q1FY24), challenges are mounting for InterGlobe Aviation-run IndiGo in the near term, said analysts. Given this, most brokerages have retained their ratings from 'buy to underperform', as well as their target price for the stock. For instance, Motilal Oswal Financial Services has retained its 'neutral' rating on the scrip as it believes the low-cost airline is facing teething issues at present.
Archer Aditi Swami's parents from Maharashtra's Satara were in a 'suit hunt' at Delhi's Palika Bazar after arriving at the national capital on a frigid winter morning to attend their daughter's Arjuna Award ceremony on Tuesday.
If you have been planning to buy a house, don't postpone your purchase. Developers are offering discounts, freebies and attractive payment plans.
This time Modi has no emotive message to take to the stump. Muscular nationalism doesn't work against the backdrop of China's successive inroads into Indian territory. Rising prices is a sore point that cuts across class and caste barriers; unprecedented levels of unemployment has the youth in a ferment. This has reduced the BJP campaign to a laundry list of recycled grievances and thinly veiled communal appeals, neither of which are working as well as they have in the past, argues Prem Panicker.
The BSE Realty index-a gauge of real estate stocks-rose 4.2 per cent on Monday, extending its two-day advance to 7.8 per cent. The latest gains came on the back of robust sales posted by realty developers in the March quarter of financial year 2022-23 (Q4FY23). On Thursday, the rate-sensitive index had gained 2.9 per cent following the Reserve Bank of India's decision to pause interest rate hikes in its latest monetary policy review.
'Try to obtain a secured personal loan or credit card by offering some collateral, such as a fixed deposit or gold.' 'Not only will this improve your eligibility, but the lender may even offer a lower interest rate.'
Nokia launches Nokia 7 Plus, 8 Sirocco series in India; relaunches Nokia 6 with new features.
Foreign banks and private credit funds are queuing up to fund acquisitions by Indian companies who are buying out their local rivals. The Adani Group, Torrent Group, and the Hindujas have approached several foreign banks and private equity (PE) firms to fund their acquisitions. Global investors have about $2 trillion of funds to invest, and about $100 to $150 billion is set aside for India, according to an estimate by JP Morgan.
Buys team in electric powerboat series.
Ultimately, the choice between no-cost EMI and BNPL depends on an individual's financial situation, preferences, and ability to manage repayments responsibly.
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
Properties located between Santa Cruz and Andheri in north west Mumbai are currently available at Rs 50,000 to Rs 100,000 per square feet, while in Dubai luxurious, fully furnished, properties are available at Rs 34,000 to Rs 60,000 per square feet of carpet area in the best locations.
Dr Bharat Shah, 64 from Harrow, London writes about the greatest lesson he learned from his late father Manubhai Shah.
Mental health and life coach Anu Krishna tells you how to take control of your life.
Keep a check on the waiting period and exclusions while buying a health insurance plan and see if it fits your requirements.
The best part is that an investor gets price appreciation and earns interest income as well, which is unique only to sovereign gold bond.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
Before you buy an apartment within a project meant for senior citizens, ensure that the services are of a high standard. Senior citizens should not sell their current home before they are completely sure about moving into a senior citizens' project.
I am increasingly seeing young people starting 25-year-SIPs; these kids will definitely benefit from the long term effect of compounding, notes P V Subramanyam.
Petrol pumps in Mumbai, Nagpur and other parts of the state witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers.
Fight the high season and ridiculous prices with these simple and easy travel hacks.
Former Australian cricketer Simon O'Donnell is not in favour of opening batter David Warner getting a farewell Test, saying no one should have the right to pick and choose the venue and date of his choice.
Sameer Rizvi's Rs 8.40 crore windfall brings smile on ailing father's face
We are spoilt for choice with the buffet of options available to us, notes Aarti David.
The Nifty IT index rose by 5.14 per cent on Friday (January 12), marking its best performance in a day since July 2020, followed by another 1.9 per cent rally on Monday. With this, the index, which tracks the share prices of India's 10 biggest information technology (IT) services companies, has increased 7.1 per cent in the past two sessions. However, the substantial rally in the index occurred at a time when India's four largest IT companies reported their worst quarterly performance in over five years.
In an hour-long chat on rediff.com on Friday, Devangi Bhuta, vice president of Lotus Knowlwealth, offered some valuable tips.
'Baby AB' -- as Dewald has been nicknamed for his ability to play shots like his idol A B De Villiers -- was signed up by the Mumbai Indians for Rs 3 crore (Rs 30 million) at the mega auction.
Showtime is watchable but never engrossing, notes Sukanya Verma.
'The deal pipeline across products is robust for 2024.'
Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, the largest private-sector lender of the country, has just completed his first term. The period October 2020-October 2023 was a roller coaster, and the second one, which started on October 27, could be more interesting as the lender absorbs the impact of the merger of HDFC, which was integrated on July 1, and moves to the next growth phase. Soon after he took over the reins from Aditya Puri on October 27, 2020, the Reserve Bank of India (RBI) debarred HDFC Bank from enrolling new credit card customers and launching new products under the Digital 2.0 programme due to repeated outages on its mobile-banking and internet-banking platforms.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Planning to buy an SUV and your budget is Rs 12 lakh? Here is an opportunity to select the 'best'.
These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.
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