Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year (2024-25/FY25). They believe the results were 'strong' given the tough macro environment, and relative to peers.
India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
The country's six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable exposure to more liquid largecap stocks, stress tests conducted by fund houses reveal. For midcap funds, the time required to sell half of the assets of the top six schemes varies between seven and 34 days, according to disclosures made by asset management companies. The Securities and Exchange Board of India (Sebi) had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed.
Dr Karthiyayini Mahadevan tells you how to correct your diet and lifestyle so that you can fight/ recover from illnesses.
'I am not worried about who has how many followers, who is doing what because I know if I take care of cricket then everything will else will take care of itself'
'I always cook from my heart,' says New York Chef Vijaya Kumar who won his third Michelin Star recently.
The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.
Cameron Green's participation in the upcoming marquee five-match Test series against fierce rivals India was on Friday thrown into doubt after a back injury ruled him out of the ongoing tour of England.
Ahead of the Basant Panchami Amrit Snan at the Maha Kumbh, top officials are emphasizing the implementation of "zero error" directives to prevent a repeat of the deadly stampede that occurred during a previous snan. The Uttar Pradesh government has deployed senior IAS officers with experience in crowd management and inter-agency coordination to oversee the event.
Sanju Samson will feel hard done by after being left out and so will Mohammed Siraj.
Central bank moves to infuse liquidity into bond market to help boost sentiment.
Vikramaditya Motwane and Satyanshu Singh have created an excellent but grim series, applauds Deepa Gahlot.
Amidst alleged power struggles within the ruling Congress in Karnataka, AICC general secretary Randeep Singh Surjewala has called for discipline within the party, emphasizing that the party is paramount. This comes as the state's chief minister and deputy chief minister submitted a consolidated report on the performance of 31 ministers to Surjewala, fueling speculation about a potential cabinet reshuffle.
High nitrate levels have been found in groundwater of 440 districts across India, with 20 per cent of the samples collected exceeding the permissible nitrate concentration, the Central Ground Water Board (CGWB) has said in a report.
"My judicial custody in Tihar jail and being confined to a prison cell with just the basic amenities definitely came as a rude shock."
Delhi-based Shubham Chakraborty, 32, a management graduate from XLRI, Jamshedpur, tells us how he fought anxiety and stress due to poor workplace management.
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.
After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.
The Badlapur school, where two young girls were allegedly sexually abused, preferred to cover up the crime instead of helping their parents file a police complaint, said Susieben Shah, chairperson of Maharashtra State Commission for Protection of Child Rights, on Wednesday.
Mid-cap and small-cap mutual fund schemes have continued to attract strong investor interest, garnering nearly Rs 30,350 crore in inflows during the April-September period of the current financial year, driven by impressive returns delivered by these segments. In comparison, the cumulative inflow into mid-cap and small-cap funds stood at Rs 32,924 crore during the same period last year, according to data from the Association of Mutual Funds in India (Amfi).
Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.
Harika Dronavalli, a seasoned player, fulfilled her lifelong dream of winning an Olympiad medal after two decades.
Union Finance Minister Nirmala Sitharaman's call for making lending rates affordable may not resonate anytime soon as banks still struggle with margin compression, and await clues from the Reserve Bank of India (RBI) on liquidity and rate action. Hinting that any lending rate cut was some time away, State Bank of India (SBI) managing director Vinay M Tonse said there was still some aggression in the market regarding deposit pricing.
LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3 per cent between FY14-FY23. Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24. In Q4FY24, the net interest income (NII) came in at Rs 2,250 crore.
Former India captain Sourav Ganguly has backed Virat Kohli and Rohit Sharma to bounce back in the Champions Trophy, expressing confidence in their ability to lead India to success.
rediffGURUS who are career counsellors and JEE experts are currently helping counsel engineering aspirants to prepare for upcoming entrance examinations to secure a good college.
Even as parleys continue in both states, the grand old party is expected to contest less than 110 seats in the November 20 polls for the 288-member Maharashtra assembly.
A first information report (FIR) has been filed against four people in connection with the suicide of a 34-year-old deputy general manager of a private firm, Atul Subhash, who died by suicide, accusing his wife, her family members, and a judge of harassment, extortion, and corruption.
Ancelotti still hoping Real can claim top-eight finish in Champions League
'I have always looked at people and said, 'You just have to accept. You just have to love. You just have to let this person be and the trouble would be less.' 'But we keep complicating things, and that is the tragedy -- our desire not to understand.'
India pace sensation Mayank Yadav should not be rushed into Test cricket as he very much remains a work in progress, reckons former left-arm fast bowler RP Singh.
'If the institutions of democracy are under pressure, it is time for serious thinking by the people and their parties. The correctives must come from within.'
Since your liver works hard to purify and detoxify your body, it is important to maintain good health of this vital organ and keep it healthy naturally, advises Dr Hansaji Yogendra.
Gallant, who was a longtime rival from within the Likud Party, will be replaced by Israel's Foreign Minister Israel Katz. Minister without Portfolio Gideon Sa'ar will replace Katz, as per Times of Israel.
Australia head coach Andrew McDonald believes the absence of Mohammed Shami during the marquee Border Gavaskar Trophy next month is a huge loss for India.
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
'Someone posts a job on LinkedIn and there are a thousand resumes in an hour? This is not the America IT professionals are used to.' 'Once they lose their job, it's impossible to get a job.'
Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.