BUSINESS
FII selling trend unlikely to continue
The 10-year US bond yield, which had reached 5 percent on October 19, has started to decline, with a notable drop in the last two days, bringing it down to 4.66 percent as of November 3.
Government Considering Increase in 'Affordable Homes' Threshold to Rs 75 Lakh
“Classifying affordable housing as units up to Rs 45 lakh is unrealistic given the high price of land in cities, Dinesh Kapila, Economic Advisor at the Ministry of Housing and Urban Affairs (MHUA) said on Friday.
RBI Imposes Fines on PNB, Federal Bank, and Mercedes Financial Services for Rule Violations
Punjab National Bank: A penalty of Rs 72 lakh for various violations, including the levying of SMS charges on certain accounts despite having invalid mobile numbers in the Core Banking Solution, not strictly adhering to pre-disclosed interest rates in specific term deposit accounts, and failing to specify the interest reset date in MCLR-linked loans.
Starlink Internet Service Turns Profitable, Says Elon Musk
The achievement of breakeven cash flow suggests that Starlink's financial performance has improved to the point where its revenues now cover its operational costs, indicating a more sustainable financial outlook for the service.
Union Minister Posts Picture of Debris and Leftover Food on Vistara Aircraft Floor
However, his flight experience took an unexpected turn as he boarded the aircraft.
Supreme Court Greenlights Unitech for Construction, Sets Guidelines for Home Buyers
In addition to this, the court issued directives to address the concerns of homebuyers as well as the Noida and Greater Noida authorities.
Survey Reveals More Than 50% of Israeli Businesses Experience Significant Revenue Decline Amid War
The main factors contributing to this revenue decline include reduced demand for products and services, employee absenteeism, security restrictions, school closures, and supply chain disruptions.
FIIs, Former Sustained Sellers in October, Show Potential to Become Buyers
In the short term, the dollar index at 106.3, Brent crude at around $85, and the 10-year US bond yield at 4.75 percent create favorable conditions for the stock markets.
Zurich Insurance Group Set to Secure Majority Stake in Kotak Mahindra General Insurance
This strategic investment by Zurich represents the largest single investment by a global strategic insurer in an Indian non-life insurance company.
RBI Reports Drastic Decline in Circulation of ₹2,000 Notes to ₹0.1 Lakh Crore
The RBI noted that more than 97 percent of the Rs 2,000 banknotes that were in circulation as of May 19, 2023, have been returned, indicating a significant decrease in their usage.Over 7.65 Crore Income Tax Returns Submitted for Assessment Year 2023-24
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