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Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more

Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…

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Nifty, Sensex gain amid ongoing US election, experts noted volatility to continue

Indian stock markets opened with gains on Wednesday amid the ongoing US election voting, with volat…

ANI   


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'Leave New York and come to Toronto': Canadian stocks are set to outperform the S&P 500, top economist says

Both Canadian and US stocks have rallied this year, but long-term indicators point to better positi…

Kelly Cloonan   


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Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …

ANI   


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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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Muhurat trading 2024: 5 stock picks you can consider this time around

Kotak Securities further notes that FY25 will likely see more broad-based growth across sectors. Ho…

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My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma

Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…

PTI   


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IndusInd Bank and Tata Power Renewable partner to provide collateral-free solar loans to MSEs

Through this collaboration, Tata Power Renewable and IndusInd aim to ease the transition to solar e…

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Stock market rebounds after one-year low; Sensex and Nifty regain ground amid value buying

The Sensex gained 679 points, and the Nifty rose by 186.55 points on Monday.

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I had $1 million in the bank at 36. When I turned 40, I vowed to pursue my passions instead of running a billion-dollar company.

George Appling went from being a CEO to pursuing his passions. At 40, he was determined to live his…

Kelly Burch   


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Nifty, Sensex open with gain: experts note reduction of geopolitical risks on markets

On Monday, the stock markets started the week cautiously, with both indices showing small gains. Th…

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Stock market ends lower on Monday; Investors eye Hyundai listing and RBI minutes

Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors emerged as the to…

ANI   


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Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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This staid software company is kicking butt in AI. The CEO explains how.

ServiceNow is succeeding where other sexier AI companies are struggling: Getting customers to pay up

Alistair Barr   


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Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention

The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…

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Sensex revists 82,000-level as RBI changes monetary policy stance to 'neutral'

Benchmark BSE Sensex jumped over 550 points to revisit the 82,000-level in morning trade on Wednesd…

PTI   


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LIC increases stake in Bank of Maharashtra from 4.05 percent to 7.1 percent through QIP

Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the compa…

ANI   


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Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks

Valuing OpenAI will be a stressful, drawn-out process with little to no financial gain for Wall Str…

Reed Alexander