Indian American Democrat Ro Khanna is still trailing against seven term incumbent Democrat Congressman Mike Honda in California's 17th Congressional District in the November 4 general election.
Public sector banks (PSBs) have delivered significant outperformance over the past three years and the sector has been re-rated. Given the growth and profitability expectations of an 18 per cent return on equity (RoE) over FY24-26, there is still a case for buying at the current levels. While the net interest margins or NIMs may remain range-bound or have a downward bias, there's optimism about possibly better opex ratios and lower non-performing assets (NPAs), plus scope for further credit cost reduction, and healthy treasury performances as interest rates trend down.
The sharp jump in shares of Kalyan Jewellers (Kalyan) has surprised many on the Street; however, analysts believe more steam could be left in the stock as the Thrissur-based gold retailer pivots to a new asset-light network expansion model. Kalyan's stock has surged 62 per cent in the past month, even as the S&P BSE SmallCap Index has gained just 5 per cent. In its latest business update, the company said its consolidated sales grew more than consensus expectations at 31 per cent year-on-year, led by strong domestic sales regardless of the volatility in gold prices.
Backed by top IT companies of the Silicon Valley, Indian-American Rohit "Ro" Khanna hopes to get second-time lucky in his effort to enter the US House of Representatives against Democratic Party's sitting lawmaker.
The burly Guyanese all-rounder turned on the beast mode to hammer four sixes and two fours in the final over off South African pacer Anrich Nortje to collect 32 runs
Earlier, he lost to veteran Democrat and his own party colleague Mike Honda in his maiden Congressional bid in 2014.
ICICI Lombard General Insurance Company reported financial improvement and optimistic commentary in Q4FY24. It reported 17 per cent year-on-year (YoY) growth in Gross Written Premium (GWP) and 115 bps improvement in the Combined Ratio (COR) in FY24, and improved COR guidance with COR going from 104.5 per cent in FY23 to 103.3 per cent in FY24, 102.4 per cent in FY25 and 102.0 per cent in FY26.
Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. Growth is expected to be driven by a pickup in domestic infrastructure spending.
A fit again Wriddhiman Saha was named in the Rest of India squad that will take on first-time Ranji Trophy champions in the Irani Cup to be held in Mumbai from January 20-24.
Captain Rohit Sharma wasted no time as he joined the team's training session on Tuesday ahead of the World Test Championship final against Australia next week.
A delegation of Congress leaders met the Election Commission and handed over complaints against the prime minister, alleging that he has trampled upon and violated the model code and directions of the poll body.
Wushu athlete Mepung Lamgu has gone incommunicado since being denied visa to travel to China for the Asian Games.
Banks enjoyed an expansion in Net Interest Margins (or NIMs) as well as in credit demand through the 2022-23 financial year (FY23). The credit expansion was because economic growth continued to recover from the Covid-19 years, and indeed, second half GDP growth surprised on the upside. The NIM expansion was because banks raised lending rates immediately (in many cases automatically due to floaters) as the Reserve Bank of India (RBI) hiked policy rates, and only started raising deposit rates late into the fiscal.
Congress members Ami Bera, Pramila Jayapal, Ro Khanna, Raja Krishnamoorthi and Shri Thanedar released a joint statement after receiving a classified briefing from the Biden Administration on Gupta's indictment.
Sukanya Verma quizzes you to find out just how much you know about the movies.
10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.
'This team, what it has achieved, it has achieved under him and I just have to carry forward that. He is going to have his hand on my shoulders.'
MI's captain began his IPL career as an off-spinning all-rounder -- he has 15 IPL wickets and a hat-trick for Deccan Chargers -- against the Mumbai Indians!
Debashis Chatterjee speaks about the overall demand environment and company's strategy
As much as Rs 47,810 crore was spent on share buybacks by 48 companies in 2023 -- the highest amount since 2017. This surge in value was largely driven by a few large-sized issues, including those by Tata Consultancy Services (Rs 17,000 crore), Larsen & Toubro (Rs 10,000 crore), and Wipro (Rs 12,000 crore). In 2022, 58 companies had repurchased shares worth Rs 38,305 crore, according to data from Prime Database.
The vibrant city of Bucharest, Romania, came alive as the B-FIT in the Street international festival took centrestage.
Moved by the youngster's stories and the emotions surrounding it, Rohit said he was "lost in their debuts".
The Delhi high court-appointed observer Justice Mukul Mudgal on Saturday handed out a list of 'to-do' to the executive committee members of the Delhi and Districts Cricket Association (DDCA) with notable being 'free tickets for under-privileged school children' subject to approval from the Court.
Let's fix the system, end the abuses but make sure we recognise the role of immigrants in creating jobs: Khanna.
US Congressman Ro Khanna's message is that instead of depending on the 'hidden hand' of capitalism -- that is to say, the power of markets -- it is time for policymakers to play a more active role in making sure that a wide range of towns become locations for digital economy enterprises and jobs, points out Ajit Balakrishnan.
From installing water-saving aerators on taps to using cans for washing hands and dishes, Bengaluru is adopting diverse strategies to tide over the water crisis. While several citizens have taken to social media to urge Karnataka Chief Minister Siddaramaiah to make work from home mandatory for IT companies, it appears that hybrid mode will continue to be the norm for most - although with new water conservation measures in place. Co-working space provider Urban Vault has, for instance, installed smart water meters to detect leakage.
While ARTEMIS may not be at the next FIFA World Cup, Hong's team will be unveiling its full soccer capabilities at RoboCup in Bordeaux, France, in July.
The country's most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Two data indicators, both somewhat interconnected, point to this - the diminishing premium of HDFC Bank's American depositary receipts (ADRs) compared to local shares, and the ample investment opportunities available to FPIs in the domestic market. The ADR premium has shrunk to below 5 per cent, down from over 30 per cent in March 2021, and even lower than recent levels.
The Indian players reflected on their heartbreaking loss against Australia in Sunday's World Cup final.
Saurabh Kumar was virtually unplayable on a raging turner, returning with a match-haul of 10 wickets as Rest of India beat Saurashtra
Most market analysts are expecting the momentum to shift towards 'quality' and 'growth' stocks in 2024 after the outperformance of 'value' stocks over the past three years. 'Value' stocks are generally well-established companies with steady profits that are trading at a discount to what they are intrinsically worth. Companies in sectors such as commodities, industrials, commercial vehicles and public sector units (PSUs) fall in this bracket.
Rohit enjoyed his time in the nets
MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.
It took me 365 days to go from 49 to 50 earlier this year. I hope you go from 49 to 50 and break my record in the next few days. Congratulations!!'
'He is looking slightly preoccupied, maybe he is thinking about the WTC.'
Ahead of Team India's tour of Bangladesh, which begins on Sunday, December 4, and features a three-match ODI series and a two-Test series, Captain Rohit Sharma is training to get himself into the groove.
The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.
Ahead of the T20 World Cup 2022 semi-final, Rohit Sharma was seen enjoying a day out in Adelaide with wife Ritika and daughter Samaira.
The legislator was taken into custody under provisions of the Prevention of Money Laundering Act after he was detained by agency officials from a public meeting he was holding in Malerkotla, they said.
