1/6 The Indian Meteorological Department (IMD) has issued a heat wave warning for Delhi-NCR and adjoining areas on Monday. It has also predicted strong surface winds reaching speeds of 25-35 kilometres per hour during the day. (PTI photo) 2/6 On Sunday, the maximum temperature has breached the 45-degrees-Celsius mark in parts of national capital with […]
Day: December 30, 2022
Global Markets: Asian shares hit two-week high on Fed pause bets, China boostGlobal Markets: Asian shares hit two-week high on Fed pause bets, China boost
Asian equities rose on Wednesday and the dollar wobbled as weak U.S. labour data bolstered bets that the Federal Reserve was likely done with its interest rate hikes, while beaten-down China stocks rose for a third straight day. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.86% to a two-week top and is on […]
IPL 2023: CSK’s glorious win over GT, Dhoni’s heart-breaking retirement remark – This Finale had it all! See PhotosIPL 2023: CSK’s glorious win over GT, Dhoni’s heart-breaking retirement remark – This Finale had it all! See Photos
1/10 Chennai Super Kings victory over Gujarat Titans in the IPL season 2023 was arguably the most bitter-sweet moment in the history of Indian Cricket. While CSK fans couldn’t stop basking in the glory of Chennai’s IPL win, the finale also felt like a heart-breaking goodbye to one of the most famous and loved Cricketer […]
Rating: NEUTRAL; HDFC Life: Focus on innovative products & superior serviceRating: NEUTRAL; HDFC Life: Focus on innovative products & superior service
HDFC Life Insurance reported a decent performance in 2QFY24, with annualised premium equivalent (APE) in line with our projections at Rs 30.5 billion, representing a 7% y-o-y increase. However, there was a slight 3.4% shortfall in value of new business (VNB) and a 40 bps decrease in VNB margins. The APE growth of 7% y-o-y […]
Bandhan Bank: Jefferies recommends Buy, price target at Rs 280 with 10% upsideBandhan Bank: Jefferies recommends Buy, price target at Rs 280 with 10% upside
Jeffries sees a 10% upside potential in Bandhan Bank on account of the bank’s improving loan, deposit growth and steady collections in Q2 FY24. Jefferies has given a ‘Buy’ rating on the scrip with an upside target price of Rs 280. “In 2QFY24, Bandhan Bank’s loan growth improved to 12% year-on-year vs. 7% in 1Q. […]
Programmed into every job: The future of work will be about humans and machines working in tandemProgrammed into every job: The future of work will be about humans and machines working in tandem
Siddharth Pai Workers in the information technology (IT) industry worry about the decline in computer programming jobs due to the rise of automation and artificial intelligence (AI). Many former stalwarts are spelling doom for the industry. Consulting house McKinsey made a prediction circa 2018 that was even more dire, and which encompassed more than just […]