Setting a record for the city, Apple founder Steve Jobs's widow Laurene Powell Jobs purchased a $70 million mansion in San Francisco. Previously owned by Sloan and Roger Barnett, the Pacific Heights property underwent renovations designed by architect Peter Marino.
Both the S&P BSE Sensex and the Nifty50 reached historic highs in intraday trading on Thursday, with the Sensex peaking at 81,522 and the Nifty50 at 24,837. Strong buying activity was observed in auto, banking, telecom, FMCG, and IT sectors, while power, industrials, and capital goods stocks experienced some selling pressure.
It was a massive rejoicing moment for the Real Madrid camp last day as Kylian Mbappe was unveiled in a grand event at the Santiago Bernabeu, in the presence of Zinedine Zidane and Real Madrid President Florentino Perez. However, Barcelona are frantically attempting to counter this by attempting to rope in Spain's Nico Williams, but things are not looking good.
One 97 Communications, operating Paytm, could report a net loss between Rs 1,013 crore and Rs 840 crore and a revenue between Rs 1,532 crore and Rs 1,490 crore for June 2024, according to estimates by two brokerages.
Pakistan has shifted its proxy war focus from Kashmir to Jammu, intensifying terrorist activities in strategic areas. Despite historical challenges and rugged terrain, recent operations like Operation Sarp Vinash in 2003 have targeted terrorist strongholds. This resurgence poses new security threats in Jammu, prompting India to strengthen counter-terrorism efforts amid heightened tensions.
Netflix has released Part 1 of 'Cobra Kai' Season 6, with mixed reviews from fans. The final season is divided into three parts, with the first five episodes available now. The show features the return of core cast members and promises an exciting conclusion in 2025.
Philip Nitschke invented a portable suicide pod, that can help a patient get peaceful, painless, and assisted death without the requirement of medical supervision. Called Sarco, it has been dubbed as the 'Tesla of euthanasia'.
Protesters in Dhaka set BTV's headquarters on fire, trapping many. Hundreds stormed the site after clashes in Rampura, torching 60 vehicles and an office building. A Facebook post described the fire as catastrophic. Angry protesters chased police seeking refuge. Bangladesh police cracked down on weekslong student protests for civil service reforms, resulting in at least 22 deaths.
Protesters in Dhaka set BTV's headquarters on fire, trapping many. Hundreds stormed the site after clashes in Rampura, torching 60 vehicles and an office building. A Facebook post described the fire as catastrophic. Angry protesters chased police seeking refuge. Bangladesh police cracked down on weekslong student protests for civil service reforms, resulting in at least 22 deaths.
India has appointed Suryakumar Yadav as the new T20I captain for the Sri Lanka tour, starting on July 27. The team will feature World Cup champions Rohit Sharma and Virat Kohli in the ODI, with Shubman Gill as Sharma's deputy.
The Delhi High Court has issued a stay on IDBI Bank's order to classify Atul Punj's account as fraud in relation to loans taken by Punj Lloyd. The court allowed the lender to report to regulatory authorities for further action. The case revolves around differing opinions on fraud classification among banks in the consortium. The court clarified the process for declaring accounts as fraud under RBI guidelines.
Following a strong Q1 performance and positive momentum in financial services deals in North America, the company has revised its FY25 revenue growth guidance upwards, projecting a 3-4% increase in constant currency, compared to the previous 1-3% estimate. This upward revision reflects increased confidence in the company's outlook for the remainder of the fiscal year.
The Reserve Bank of India (RBI) may shift its monetary stance from withdrawal of accommodation to neutral before reaching its inflation target, despite persistent food inflation. The report, prepared by deputy governor Michael Debabrata Patra and central bank's economic researchers, suggests that food price shocks over the past year are dominating headline inflation and households' expectations, undermining the gains of lowering core and fuel inflation through monetary policy and supply management.
Vodafone Idea has approved the allotment of 41.52 crore shares worth Rs 615 crore to Nokia and Ericsson at Rs 14.80 per share.
"Cobra Kai" season 6 premiers today on Netflix as viewers are eagerly waiting for the season finale.
The Delhi High Court has ordered city authorities to enable online registration of marriages, including those under Muslim and Christian personal laws, in accordance with the Compulsory Registration of Marriage Order, 2014. Justice Sanjeev Narula highlighted the absence of established procedures for such registrations, calling it a "systemic failure." The court's directive came after a petition by a Muslim couple, married in 1995, who faced difficulties due to the lack of registration options. The... Читать дальше...
HDFC Bank MD Sashidhar Jagdishan stated advances will grow slower post-HDFC merger to lower the 110% credit-deposit ratio. The bank plans 900 new semi-urban branches and saw a drop in attrition despite a social media controversy. RBI’s Das cautioned against aggressive lending. Liquidity buffers and prepaying borrowings are vital steps.
HDFC Bank MD Sashidhar Jagdishan stated advances will grow slower post-HDFC merger to lower the 110% credit-deposit ratio. The bank plans 900 new semi-urban branches and saw a drop in attrition despite a social media controversy. RBI’s Das cautioned against aggressive lending. Liquidity buffers and prepaying borrowings are vital steps.
The Reserve Bank of India (RBI) has revised its estimates of the neutral rate of interest for Q3-2022-22 from 0.8-1.0 per cent to 1.1-1.3 per cent, reflecting GDP data revisions. The current range suggests a wide range between 1.4-1.9 per cent for Q4-2023-24. The natural rate of interest is the real interest rate accounting for inflation and is generally associated with the rate of interest at which an economy runs at optimal capacity without stoking inflation.
IT major Infosys logged a 7% rise in profit to Rs 6,368 crore for the first quarter of FY25, while revenue rose 4%. This and more on today’s ETtech Top 5.
During the ongoing national convention of the Republican Party, there is a super star who is four-legged. Baby Dog is in the news for all the right reasons. She has predicted the result of the upcoming US Presidential Election.
The Dow Jones Industrial Average fell 41.52 points, or 0.10%, at the open to 41,156.56.
Its net interest margin for the quarter stood at a healthy 4.13%, although down by 6 basis points year-on-year, as rise in cost of deposit outpaced yield on advances. The bank's net interest income rose 14.3% at Rs 1,025 crore. Cost of deposits rose 52 bps in the past 12 months to 5.48% while yield on advances grew to 10.10%, up by 41 bps.