Giri world

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Z9Sj7xp >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TfhBzb0 >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bGtLugU >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UX81VjG >

The Australian dollar was pinned near a fresh 2023 low on Thursday as a major support level crumbled under a relentless surge in Treasury yields, while local retail sales and jobs data added to the case for an extended rate pause next month. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lZzkX0d >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DnBUWRz >

Former Tennis player Sania Mirza extends warm wishes to newlywed pair Parineeti Chopra and Raghav Chadha. Sania shared a beautiful picture on her social media account from the wedding festivities along with her heartfelt congratulations to the couple. On Wednesday, former tennis sensation Sania Mirza took a moment to offer her heartfelt congratulations to the newly married couple, Parineeti Chopra and Raghav Chadha. In a heartwarming gesture, Sania shared a delightful photo featuring herself, her younger sister Anam, and the radiant newlyweds, Parineeti and Raghav. Parineeti, adorned in an elegant pink saree and adorned with a stunning neckpiece, exuded grace and charm. Complementing her, Raghav looked dapper in a sleek black tuxedo. Sania accompanied the photo with a heartfelt caption that read, “Congratulations to my dearest @parineetichopra and @raghavchadha88. May your new chapter be as beautiful as your wedding was, love you always Parriii .. Agguuu forever.”   View this post o

Veteran actress Neetu Kapoor is overjoyed today as she celebrated her son's birthday with love and festivities. Neetu, in a heartfelt Instagram post, offered a glimpse into the midnight surprise party thrown in honour of Ranbir Kapoor's special day. The shared image showcased a meticulously adorned table with exquisite roses and not one, but two splendid birthday cakes. A closer look at one cake revealed the sweet message, “Happy Birthday Raha’s papa.” A charming photo frame featuring the couple's wedding picture added to the thoughtful arrangement. Neetu expressed her sentiments in the caption, “Birthday celebration with my most special.” She further extended her wishes in another Instagram story, writing, “Happy Birthday (heart emoticon) feel grateful for this special human being.” Ranbir's sister, Riddhima Kapoor Sahni, also joined in the birthday celebrations by sharing cherished memories and heartfelt wishes. Riddhima's Instagram stories featured an array of

In Lake Como’s beloved town of Bellagio, Grand Hotel Villa Serbelloni has stood strong over the past century-and-a-half. The family-o ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/koOUYqI

Paris Fashion Week was in for a treat as the stunning Khushi Kapoor graced the Dior show in Paris, showcasing not only her impeccable fashion sense but also her radiant charm. The rising star of the Kapoor dynasty left onlookers in awe as she stepped onto the fashion scene with an unmatched aura of elegance and sophistication. Khushi Kapoor, daughter of the late legendary actress Sridevi and film producer Boney Kapoor, has been making waves in the fashion and entertainment industry. Her presence at the Dior show at Milan Fashion Week further solidified her status as a style icon in the making. Khushi Kapoor looked stunning in a Dior outfit, and she oozed grace and confidence. She donned an outfit that is an elegant and classic design. Kapoor was dressed in a pristine white sleeveless classic A-line mini dress, with a crew neck. A timeless little black Dior purse, black open-toe pumps from Dior, a striking black choker, and silver earrings perfectly completed the look. Khushi's cho

Ahead of the awaited release of Khufiya on October 5, Netflix debuted the film’s music album of mysterious melodies to more than 200 fans and the press. The event, Raaz aur Saaz: A Khufiya Musical Night, featured live performances by the stalwarts of the Bollywood music industry: Rekha Bharadwaj, Sunidhi Chauhan, Rahul Ram and Vishal Bhardwaj. Rekha Bhardwaj brought to life the world of Khufiya as she debuted 'Mat Aana', while director Vishal Bhardwaj performed his brand new composition, 'Na Hosh Chale'. Rahul Ram mesmerised the audiences with 'Mann Na Rangaav' and 'Bhuji Bhuji', and firecracker Sunidhi Chauhan ended the event with two songs that instantly struck a chord with the fans: 'Dil Dushman' and 'Tanhai'.   View this post on Instagram   A post shared by Bollywood Hungama???? (@realbollywoodhungama) Along with songs from the Khufiya album, the artists also performed on some of their iconic fan favourite tracks: 'Darling

Shares hit a three-week low as concerns over higher interest rates and their impact on growth continue to weigh on investor sentiment. The Nifty 50 fell 0.5% to 19,558 points, while the S&P BSE Sensex was down 0.6% to 65,557 points. Both benchmarks are down about 3% after reaching all-time highs earlier this month. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sQFp2Wi >

Rhea Kapoor is gearing up for the release of her upcoming film, Thank You For Coming. She recently took to her social media platform to express gratitude for her decision to step into the entertainment world as an assistant director on the set of Wake Up Sid. Her transformation from that role to becoming a producer has been truly remarkable and inspiring. On her social media, Rhea Kapoor shared a special image from her time on the Wake Up Sid set, reminiscing and being Thankful for the pivotal choice she made at the beginning of her career. This journey from her assistant director days to her current role as a producer is a testament to her dedication and passion for the industry.   View this post on Instagram   A post shared by Rhea Kapoor (@rheakapoor) Thank You For Coming, directed by Karan Boolani and written by Radhika Anand and Prashasti Singh, explores themes like female friendship, the challenges single women face, and modern women's pursuit of pleasure and independenc

Hui Ka Yan, the chairman of China Evergrande Group, has been placed under police control and is being monitored at a designated location, according to sources. The reason for his control is unclear, but it does not imply that he will be charged with a crime. Hui, once one of China's most politically connected businessmen, has seen a significant fall from grace amid President Xi Jinping's crackdown on excessive leverage in the real estate sector. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TMm2gzW >

Adani Ports and Special Economic Zone Ltd plans to buy back up to $195 million of its 2024 bond, seeking to move on from allegations made by a US shortseller. The company will pay $975 for every $1,000 in principal for debt tendered by October 11, with the offer price dropping to $965 per $1,000 thereafter. The tender offer expires on October 26. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QU9YMC7 >

The Indian government has reassured citizens that the Aadhaar system, along with other applications under the "India stack," remains highly protected against cyberattacks. Abhishek Singh, CEO and MD of Digital India Corporation, stated that the government invests significant efforts in ensuring the security and privacy of citizens' data. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lPWhku8 >

Delta Corp's stock fell 20% on Monday, to its lowest level since January 2021, after the firm said that it has received a notice to pay Rs 11,140 crore ($1.3 billion) in tax arrears. Delta, which is worth roughly Rs 47 crore, also stated that it and two of its subsidiaries were informed of an additional tax deficiency totaling Rs 5,680 crore between July 2017 and March 2022. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/38vSW7k >

The Burman family, owners of Dabur group, has made an open offer to purchase an additional 26% stake in Religare Enterprises for approximately Rs 2,116 crore. If successful, this would increase the Burman family's holding in the company from 21.3% to 53.9%, making them the promoters. The open offer is priced at Rs 235 per share, a discount to the current market price. Religare's board has expressed its support for the offer, stating that the Burmans have an impeccable reputation in the industry. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EeAq2V5 >

Cash-strapped Dunzo, which has laid off numerous staff and delayed salary payments in recent months, is hard at work negotiating a new round of funding with investors. According to sources, the firm's existing investors, which include Reliance Retail and Google, may inject $30-$35 million into the company. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0vWKRzp >

RBI Governor Shaktikanta Das has expressed concern over the excessive domination of boards of large commercial banks by a few directors. Speaking to directors of urban cooperative banks, Das emphasized the need for free and frank board discussions and rotation of directors. He also highlighted the importance of stringent underwriting standards and protecting the interests of depositors. Additionally, Das stressed the significance of good governance, compliance, risk management, internal audit, and leadership in differentiating between good and bad banks. He suggested that commercial banks choose directors with expertise in specific areas like IT and credit. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tRewJMS >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hXo7dJg >

The Fairmont Olympic is the Grand Dame of Seattle, and is known as one of the most luxurious hotels in the Emerald City. There are ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/Qp7F6KS

The very big news about Prabhas’s Salaar clashing with Shah Rukh Khan’s Dunki has taken the entertainment world by storm. Salaar, which is produced by Hombale Films, was earlier supposed to release on September 28. However, the makers decided to postpone the release and it wasn’t known whether the Prabhas starrer would release this year. But the decision of releasing Salaar along with a biggie like Dunki has come as a jolt. Interestingly, this will be the second time that a film under the banner of Hombale Films will be clashing with a film not only starring Shah Rukh but also produced by his production house Red Chillies Entertainment. The last time it happened was on December 21, 2018 when Zero had clashed with Hombale Films’ KGF: Chapter 1, which starred Yash in the lead. The result of the 2018 clash between both the banners was easily won by Hombale Films. KFG: Chapter 1 turned out to be a success while Zero became a box office debacle. It was after this film that SRK decided to

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rbZkt0g >

The global economic downturn has led companies to adopt better strategies, with many opting to hire gig workers and variablise their frontline workforce costs, according to a report by BetterPlace. The report shows that while gig jobs have grown stronger, permanent frontline jobs have not seen significant growth. The total number of new frontline jobs decreased by 17.5% in FY23 compared to FY22. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3hC5zQ8 >

The board of ICICI Lombard has appointed Sanjeev Mantri, executive director of the company, as the successor to Bhargav Dasgupta, who last week resigned as MD & CEO of the company. Dasgupta had stepped down ahead of his completion of 15 years as CEO in April 2024. The new rules on the tenure of CEOs limit their term to a maximum of 15 years. Dasgupta will be joining Asian Development Bank. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VzqYKR3 >

Apple plans to increase production in India more than fivefold within the next five years, government officials said. The company surpassed $7 billion production in the country in the last financial year and is aiming for $40 billion, the officials added. Apple didn't respond to an emailed query outside of office hours. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TELSDIX >

Goa has the lowest tax rates on liquor in India, resulting in cheaper prices compared to neighboring states like Karnataka and Maharashtra. An analysis by The International Spirits and Wines Association of India estimates that a bottle of spirits that costs Rs 100 in Goa can cost Rs 134 in Delhi and as much as Rs 513 in Karnataka. The high tax rates in other states contribute to smuggling of alcohol across borders. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UoZlYEp >

The Reserve Bank of India (RBI) has issued a draft master direction on the treatment of wilful defaulters, allowing borrowers to remove the tag by reaching a compromise settlement with banks. The new rules aim to provide a transparent procedure for classifying borrowers as wilful defaulters while complying with the principles of natural justice. However, some criminal cases may lose ground as a result. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PKFznam >

Ranveer Singh and Alia Bhatt starrer rom-com Rocky Aur Rani Kii Prem Kahaani is now streaming on Prime Video. The duo’s crackling on-screen chemistry translated well on-screen with the helm of director Karan Johar who returned to direction after seven years with this film. Now, that the film is available online, he made his kids Roohi and Yash watch it and they seemed to have loved it. In a video shared on Instagran, Karan Johar’s kids were excitedly watching the movie when Yash says, “We are watching Dada’s new movie.” He captioned the post, “Have you watched it yet???,” as the kids were enjoying the ‘Tum Kya Mile’ song.   View this post on Instagram   A post shared by Karan Johar (@karanjohar) In an exclusive conversation with Bollywood Hungama, Karan Johar had said that with Rocky Aur Rani Kii Prem Kahaani, the positive reactions have been magnanimous. “But in this case, there's been just love it. I can't explain it. I'm kind of like, ‘Oh, my God!’, and I don't

Akshay Kumar's latest fitness video is a testament to the power of fitness in one's life. In a world filled with fitness trends that often promise quick fixes, Akshay Kumar's approach is refreshingly different. It's not just about building a chiselled physique; it's about cultivating a holistic sense of well-being that extends beyond the gym. Commenting on this Akshay shared a message via his newly launched Whatsapp channel stating, “Sharing today, my favourite hydrotherapy sit-ups…great for those with lower back pain or strain. Training in the water removes the stress in the lower back while still being able to train your Abs. Don't forget to wear goggles and breathe out when you are under water. How many of you plan to try this?"   View this post on Instagram   A post shared by Khiladi Bhaiyya Akshay Kumar (@khiladibakshay) Akshay Kumar's video delves into the importance of mental resilience, nutrition, and overall health. ALSO READ: Mission Rani

Bollywood actor Shahid Kapoor, who was last seen in Bloody Daddy, recently opened up about his predicament on balancing genres after his debut. In a recent chat, he said that he fought to wear glasses in his blockbuster Jab We Met, which also starred Kareena Kapoor Khan. In an interview with Film Companion, Shahid said, “I fought with everybody. I was like, ‘I want to wear glasses for this,’ and everybody’s like, ‘Are you mad?’ Hero glasses thodi pehenta hai? Tu gaana kaise gayega? (Hero does not wear glasses, how will you sing?).” Shahid explained it to the makers that he would remove his glasses during the song sequences. However, he'd get a response like, “Are you mad? This is a love story.” The actor further said, “I felt like that will at least help people see me in a different way. Otherwise, I was always looking the same in every film of mine. And then I started making much bigger physical changes because it kind of empowered me to make more decisions. Like Kaminey was my

The market valuation of HDFC Bank plummeted by Rs 99,835.27 crore to Rs 11,59,154.60 crore. Shares of the company fell by nearly 8 per cent last week. The valuation of Reliance Industries plunged Rs 71,715.6 crore to Rs 15,92,661.42 crore. The company's shares declined over 4 per cent past week. However, Hindustan Unilever added Rs 2,913.49 crore taking its valuation to Rs 5,83,239.04 crore. The mcap of TCS climbed Rs 1,024.53 crore to Rs 13,18,228.14 crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/x3DmKvB >

Former US treasury secretary Larry Summers has stated that India needs to achieve an 8% growth rate in order to bring about significant changes in the lives of its people. He also called for increased capital and expanded mandates for multilateral development banks (MDBs) such as the World Bank. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gkYXZ2A >

The Indian government has suggested that taxpayers can adjust earlier demands with this year's refund claims. The Central Board of Direct Taxes explained that taxpayers can make a representation to agree, disagree, or clarify the status of the demand before the refund is adjusted. This measure aims to facilitate the timely issue of refunds and clean up pending demands. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/p69lmJj >

The Indian government is "comfortable" with the amount of red lentils imported from Canada amid tensions between the two countries. India has received nearly one lakh tonnes of lentils at its ports, which is sufficient to meet the country's annual consumption of 23 lakh tonnes. The government is considering continuing the zero import duty on lentils beyond March 2024 to encourage overseas growers. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/il9ns2H >

The Chief Economic Adviser, V Anantha Nageswaran, has stated that the inclusion of Indian government bonds in JP Morgan's benchmark emerging market index, scheduled for June 2024, will have several positive effects. It will broaden the investor base, potentially lead to an appreciation of the rupee, and reduce the burden on Indian financial institutions to buy government bonds. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TFnK0ak >

The Indian government plans to restrict imports of IT hardware components worth billions of dollars from China in an effort to boost local sourcing. With the implementation of a production-linked incentive scheme for IT hardware and an import management system, the government aims to create a stronger manufacturing ecosystem for devices and servers in India. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lT8s73x >

At Ibiza Gran Hotel , the first five-star hotel that entered Ibiza, the destination has recently unveiled a breathtaking renovation to it ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/4rvOqBp

Luxury Lifestyle Awards is thrilled to announce that The Boutique Hotel Himmelrich has been crowned a winner in the highly coveted category of Best Luxury Boutique Hotel in Switzerland 2023 .  ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/05AV8ez

JPMorgan will include India in its emerging market debt index, potentially attracting billions of dollars into the Indian economy. India's government bonds, valued at $330 billion, will be incorporated into the index starting June 28, 2024, in 1% increments until reaching a maximum weight of 10%. This decision follows India's efforts to enter global bond indexes by removing foreign investment restrictions in 2020. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lzjbUTx >

The share of mutual fund investments in the mix of bank deposits and mutual funds reached a record 20% in August 2023, up from 13% in March 2020. Despite the lower returns offered by bank deposits, investors are willing to take risks with mutual funds. The decrease in interest rates during the pandemic led investors to put more funds into mutual fund schemes, resulting in a significant increase in assets under management (AUM). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lSnf8vY >

The US Federal Reserve's hawkish stance on interest rates caused a sharp decline in the Indian stock market. The Sensex dropped by 571 points, losing around 1,600 points in three sessions. The Nifty also fell by 159 points. Rising crude oil prices, a weak rupee, and selling by foreign investors further contributed to the decline. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/x2iwGSD >

India's suspension of visa services to Canadian citizens has raised concerns among technology companies, professionals, and entrepreneurs. While there may be delays in new contracts, the impact on ongoing projects by Indian IT companies in Canada is expected to be limited. However, if Canada also stops visa applications, the implications could be more significant. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fJFn7WX >

The finance ministry in India has stated that there is no distress in household savings, despite some discussions suggesting otherwise. The ministry argues that changing consumer preferences for different financial products is the main reason for the overall picture of household savings. Data shows that household gross financial assets increased by 37.6% between June 2020 and March 2023, while gross financial liabilities increased by 42.6%. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Zaom6LS >

Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defences against potential security threats that may be heightened by the widening use of artificial intelligence. The Silicon Valley tech giant will pay $157 per Splunk share. "Our combined capabilities will drive the next generation of AI-enabled security and observability," Cisco chair and CEO Chuck Robbins said. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9vs0grb >

Manipal Hospitals, India's second-largest healthcare provider, has acquired an 84% stake in Kolkata-based AMRI (Advanced Medical Research Institute) Hospitals for Rs 2,400 crore. This acquisition positions Manipal Hospitals as the largest hospital chain in eastern India, focusing on tertiary and quaternary healthcare services. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wl37DRV >

The government plans to sell approximately a 5% stake in power producer SJVN through an offer for sale (OFS) on Thursday and Friday. The OFS is priced at Rs 69 per share, which is a 15.6% discount to the stock's Wednesday closing price of Rs 82. The base size of the offer is nearly 9.7 crore shares, with a green-shoe option for the same number of shares, and it is expected to raise around Rs 1,334 crore for the government. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/4t5Id1H >

Meesho, backed by SoftBank, is expanding into the branded segment of ecommerce, allowing users to buy products from national and regional brands like Decathlon, Philips, and Bajaj. This move aims to cater to users seeking branded products and comes during the festive season. Meesho will generate revenue by charging a 4-5% commission from these brands, diversifying its business beyond its traditional focus on unbranded, low-priced products from small and medium sellers. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ef7pEFj >

TotalEnergies will invest $300 million in a 50:50 joint venture with Adani Green Energy to generate solar and wind power. Total suspended a 25% stake-purchase in Adani New Industries' green hydrogen project due to allegations by Hindenburg. Adani Green will transfer 10 GW of renewable assets to its subsidiary, Adani Green Energy Twenty Three, with Total contributing $300 million. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2RK7xGc >

Asia Healthcare Holdings (AHH), backed by TPG, has acquired a majority stake in the Asian Institute of Nephrology and Urology (AINU) for Rs 600 crore. AINU, established in 2013 by a team of urologists and nephrologists, operates seven hospitals across several locations in India and specializes in urology and nephrology. This acquisition marks AHH's entry into this specialty segment and represents its fourth specialty focus area in healthcare delivery chains. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/n9gmGsR >

Samantha Ruth Prabhu, who recently appeared in Shiva Nirvana's 'Kushi' and is currently taking a break from work to focus on her health and recover from Myositis, has addressed rumours about starring alongside Salman Khan in an upcoming Vishnuvardhan-directed film produced by Karan Johar's Dharma Productions. During an Instagram chat session with her fans, Samantha shared her perspective on future projects. She stated, “My next project is to actually not have one. Not having a plan. I want to be more selective about the things that I work on. The things that really push me out of my comfort zone until I get a role like that, I think I am okay.” This response came after a fan inquired about her next project. Earlier reports had suggested that Samantha Ruth Prabhu was set to star alongside Salman Khan in a Dharma Productions film. However, the actress has now clarified her intentions to be discerning when choosing future roles. As for the work front, Samantha will be s

Gujarat-based stainless steel and special steel manufacturing company, Mangalam Alloys Ltd, plans to raise Rs 54.91 crore through its SME IPO. The company intends to use the funds for business expansion, working capital requirements, and general corporate purposes. The IPO includes up to 68,64,000 equity shares and will be listed on the Emerge Platform of the National Stock Exchange. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KY8WA2F >

This development marks a significant milestone for Akasa Air, allowing the carrier to expand its horizons into potentially more profitable international routes which offer less competition. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/g1iWksl >

Both of India's stock indices, the Sensex and Nifty, on Wednesday extended their bearish trend, following losses incurred in the previous session. The BSE benchmark Sensex initiated the trading day with a substantial decline of more than 600 points, currently standing at 66,985.36. Meanwhile, the Nifty index slipped below the critical 20,000-point threshold, now trading at 19,968. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ioKnFj6 >

HDFC Bank, India's leading private lender, has warned that its merger with HDFC Ltd will negatively impact its financial metrics, including margins and bad loan ratios. The bank's gross bad loan ratio is expected to increase from 1.2% to 1.4% post-merger, while excess liquidity from the merger will drag down net interest margins by around 25 basis points. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IpLMPDz >

Bollywood superstar Shah Rukh Khan, like every year, rang in the festival of Ganesh Chaturthi with blessings of Ganpati Bappa. The actor brought home the idol of the lord and shared the photo on his social media. Wishing everyone during the festive season, Shah Rukh Khan shared a photo of the god's idol at his Mumbai residence and wrote, "Welcome home Ganpati Bappa Ji. Wishing you and your family a wonderful day honoring Lord Ganesha. May Lord Ganesha bless all of us with happiness, wisdom, good health and lots of Modak to eat!!!"   View this post on Instagram   A post shared by Shah Rukh Khan (@iamsrk) On Tuesday night, Shah Rukh Khan was also in attendance at the Ganesh Chaturthi celebrations at the Ambani house. He was joined by Gauri Khan, Suhana Khan, AbRam Khan and his mother-in-law.   View this post on Instagram   A post shared by Bollywood Hungama???? (@realbollywoodhungama) Meanwhile, on the work front, Shah Rukh Khan is basking in the glory of Jawan. He

State-run fuel retailers are likely to bear the cross for saving consumers from the impact of benchmark oil prices rising to their highest in 10 months. But at $95 a barrel, crude is bound to delay possible cuts in interest rates and test the government's management of inflation in the run-up to elections in politically important states and national polls next year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gAFtDbx >

We all know the kind of cinema fever that followed post the release of the highly anticipated Jawan. It has created a new record of sorts for the Bollywood megastar Shah Rukh Khan, who ended up giving two of the biggest hits of the year. However, Jawan seems to be breaking records created by the superstar himself with Pathaan earlier this year. Now director of the film, Atlee has revealed that he would love to take the action entertainer, co-starring Nayanthara and Vijay Sethupathi, to the Oscars. In an interview with ETimes, popular South filmmaker discussed about his journey as well as the making of Jawan, wherein he opened up about his desire to win some prestigious awards after the successful business of the film. He said, “Of course, even Jawan should go, if everything falls in place. I think every effort, everybody, every director, every technician who is working in cinema, their eyes are on the Golden Globes, Oscars, National Awards, every award. So, definitely, yeah, I would l

American companies in China are increasingly pessimistic about the business outlook in the country, according to a survey by the American Chamber of Commerce in Shanghai. Only 52% of respondents expressed at least slight optimism about the next five years, the lowest level since the survey began in 1999. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bfR2dDi >

A study published by the RBI warns against a return to the Old Pension Scheme (OPS) in India, estimating that implementing it would create a fiscal burden 4.5 times greater than the existing National Pension System (NPS). The study cautions that reverting to OPS would have an adverse impact on government finances and increase fiscal stress to unsustainable levels in the medium to long-term. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/041nkhi >

The finance ministry has announced measures that will benefit LIC employees and agents. They include an increase in the gratuity limit from Rs 3 lakh to Rs 5 lakh for agents, eligibility for renewal commission for reappointed agents, an expanded term insurance cover, and a uniform rate of 30% for family pension for retired employees' spouses. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KIuFzVs >

Billionaire investor Ray Dalio has stated that India has the highest growth potential among the top 22 countries in the world, comparing Prime Minister Narendra Modi to former Chinese leader Deng Xiaoping. Dalio believes that India is in a similar position to where China was in 1984, with the potential for massive reform, development, and creativity. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/JyfPx8X >

Shares of China Evergrande Group, the world's most indebted property developer, dropped 25% after police detained staff at its wealth management unit. The investigation adds to the company's troubles, as it is already at the center of a crisis in China's real estate sector. Evergrande has faced a string of defaults since late 2021, causing concerns about contagion and rattling global markets. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pdkhaEB >

The Indian government plans to mandate the use of chips embedded with ISRO's NavIC GPS solution for the automotive industry. The move aims to prioritize India-made systems and designs. Accord Software Systems, a local startup, has incorporated NavIC in its integrated circuit design, which is being used to produce a chip sold to Indian automotive companies. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/w9E7ulR >

The US dollar and most major currencies were flatlining in early trades on Monday, barring a blip in sterling, as a Japanese holiday and a bunch of upcoming central bank meetings sucked the air out of markets. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aYI9pQM >