Comedy emerges as a big draw on streaming services

Comedy makes for snackable programming and has sustained interest even after lockdowns were lifted

Personal loans soar as state-run banks tap digital lending

Personal loans have been the forte of private lenders, backed by tech-driven loan underwriting capabilities

Airtel plans pan-India 5G coverage by Mar 24

Airtelwill frontloadits capitalexpenditureplans toprioritisethe 5Grollout

Sebi bars Securekloud Technologies, 3 persons from securities markets

The three individuals -- Suresh Venkatachari, R S Ramani and Gurumurthi Jayaraman -- have also been restrained from associating themselves with any Sebi-registered intermediary till further orders

On the slide this year, silver likely to see some recovery: Experts

The white metal has lost about 11%, weighed down by the stronger US dollar, rising interest rates and slowing growth

Floating solar projects may get sops under new policy

Such projects reduce need for land and will boost energy capacity, but the technology is expensive.Centre may make provisions for sops to keep tariffs for power generated from projects within manageable levels

1 Dividend And 1 Bonus Issue Announcement Made Today

Dividend, bonus issue, stock split, right issue and share buyback are the key corporate actions. Corporate actions are the initiatives which the corporate takes and as a result there is brought about a change in its stock. Typically, such a corporate

Whats lifestyle stagnation and how a techie got over it

Compartmentalising and assigning existing savings to different goals helped Rao make most of his investments.

Tax on your gold and real estate investments

Real estate and gold have traditionally formed a large chunk of Indian investors' portfolios

How to deal with claims on a property when there is no will

In the absence of any document like a memorandum of family settlement / arrangement, an oral family settlement/ understanding will have to be established before a court

What should investors in China and Taiwan funds do now?

Investors should look at a horizon of 6-7 years while investing in the funds focused on the Greater China region

Is MF exposure to IndoStar Capital a cause for concern?

MF exposure to the companys debt instruments amounts to 482 crore (as of July 2022), as per data from Ace MF

ELSS mutual fund inflows drop over 48% in July: Should you invest?

According to monthly data issued by the Association of Mutual Funds in India, net positive inflows to equity mutual funds decreased by 42% in July to 8,898.25 crore from 15,497.76 crore in June 2022.

Wall Street slips as weak earnings hit tech, travel stocks

Last week's strong July jobs report has most economists predicting the Fed will again raise short-term interest rates by as much as another three-quarters of a point at its September meeting.

Airtel to launch 5G services in Aug, cover every town by 2024: MD and CEO Gopal Vittal

Bharti Airtel managing director and CEO Gopal Vittal said that the price of mobile services in the country is very low and needs to go up

Air India's load factor improves to 80% under Tata

Management and leadership changes, in addition to synchronising operations between all its airlines, are showing visible results for Air India. Data from the Directorate General of Civil Aviation (DGCA) show that there has been a marked improvement in key operational parameters of Air India after the Tata group took complete control of the national airline in January. One of the most dramatic improvements has been noticed in Air India's passenger load factor (PLF) - a crucial metric of capacity utilisation of an airline's fleet that shows how many seats it has been able to fill on every flight.

Gold ETFs log first monthly outflows in five months, shows data

The latest bout of outflows come amid a sharp surge in the equity markets

Oil rises over $1 a barrel as Russian pipeline halt revives supply fears

Russian pipeline monopoly Transneft said Ukraine had suspended oil flows via the pipeline leg because Western sanctions had prevented a payment from Moscow for transit fees from going through.

The fun slows for videogame companies

After a period of pandemic-fueled growth, consumer spending on videogames is returning to normal levels

Ujjivan Small Finance Bank revises interest rates on savings accounts

Ujjivan Small Finance Bank has revised its interest rates on savings accounts.

Weekly Rupee View: INR to remain sideways

Strong FPI inflows can be a good buffer for INR

Falling paddy acreage sparks concerns

The area under paddy - the biggest foodgrain during the kharif season - was almost 13 per cent lower in the week ended August 5 as compared to the same period last year despite a slight pick-up in rains in the main growing regions, triggering fears of a 10-12 million-tonne drop in final output. Sources said with the peak sowing season for paddy almost coming to an end in the big-growing states, any uptick in coverage from here onwards may not give the desired yields. With 30 per cent of normal average area in which paddy is grown every year remaining unsown till early August, there is a limited chance of a big uptick in output, trade and market sources said.

IT spends in good shape; see continued strength in US, Euro markets: Infosys' Salil Parekh

The optimistic commentary from the Infosys management comes even amid talks that the global economy may be facing an increased risk of recession.

Airtel to launch 5G services in August

Telecom operator Bharti Airtel will start rolling out 5G services this month and cover all towns and key rural areas of the country by March 2024, a senior company official said on Tuesday. Bharti Airtel managing director and CEO Gopal Vittal also said that the price of mobile services in India is very low and needs to go up. We intend to launch 5G starting August and extend to a Pan India roll out very soon.

What Are Floating Rate Bonds? How Do They Work?

Bonds are debt securities issued in order to raise money. The issuer of bonds can be either banks, corporates or the government. By floating or issuing bonds, the issuer borrows capital at a fixed or variable rate for a specified term.

CoinSwitch launches Web3 Discovery Fund to catapult up to 100 Indian startups

The Web3 Discovery Fund will curate portfolio startups and provide single-window access to marquee investor partners Tiger Global, Ribbit Capital, Coinbase Ventures, Sequoia Capital India, Woodstock Fund and Elevation Capital (ex-SAIF partners), and incubation partner Buidlers Tribe.

Worried about your Equifax credit score? Heres what to do

Some people applying for mortgages, auto loans and credit cards had their scores changed by 20 points or more

Airlines to share international passengers' info with customs dept prior to departure

While the regulation did not state the reason for seeking such information, analysts said this was to prevent bank loan defaulters from fleeing the country to avoid prosecution.

Trident Q1 PAT slides 37% YoY to Rs 129 cr

On consolidated basis, Trident's net profit dropped 37.45% to Rs 129.35 crore in Q1 FY23 as against Rs 206.81 crore recorded in Q1 FY22.

Ujjivan Small Finance Bank hikes fixed deposit rates: Now get up to 8.25%

On fixed deposits below 2 crore, Ujjivan Small Finance Bank has increased interest rates.

Bangalore-based health-tech startup Clinikk launches all-inclusive health subscriptions

Clinikk offers an all-inclusive plan that offers families unlimited access to outpatient care as well as 5 lakh cashless hospitalisation insurance cover for a monthly subscription fee of 500. The insurance cover has been curated specially for Clinikk members by an insurance partner.

Major Cryptos Decline After Bitcoin Briefly Hits $24,000 Mark

Major cryptocurrencies as of writing this copy at around 3:15 pm are trading with losses. Bitcoin is down by over 2% at $23,588, Ethereum down by over 1% at $1754. Other cryptos such as Cardano, Polygon, Avalanche lose up to 7%.

Day Trading Guide: Paytm among 4 stock recommendations for Wednesday

Are maternity-related expenses covered under health insurance?

Maternity expenses are generally not part of the built-in cover and would be optional. They would also come with a waiting period of 2 or 3 years.

Biden To Sign USD 280 Billion CHIPS Act, In Bid To Boost US Over China

US President Joe Biden is preparing to sign a USD 280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration's push to boost US competitiveness over China. The Rose Garden ceremony on Tuesday will include lawmakers, union officials,

MCX natural gas might slip below 600

MCX futures is currently range-bound at held in the range of 600-665

Learn with ETMarkets: Who should trade in F&O?

Students who want to develop an additional skillset to address their insecurities regarding career prospects can also trade. Someone who aspires for constructive engagement even after retirement and overcome the boredom of a dull and ambitionless life, so on and so forth.

Looking beyond post office schemes, this fixed deposit gives up to 8.75% return

Shriram Transport Finance Company, a Non-Banking Financial Company (NBFC) on Tuesday said that it has hiked interest rates on its fixed deposit scheme.

India's smartphone market sees 1% decline in H1

India's smartphone market has fallen by one per cent in the first half of 2022, as shipments of Xiaomi - the top-selling brand - declined 28 per cent due to weak consumer demand in the quarter ended June. According to the International Data Corporation's (IDC's) Worldwide Quarterly Mobile Phone Tracker, 71 million smartphones were shipped from January to June this year. The highest decline was in the below-$100 segment, which lost its market share by 5 per cent.

Gold is 36% cheaper! Know today's new price

On Monday, the price of gold in the bullion markets crossed Rs 52,000. Due to this, silver also strengthened and crossed 58,100. The same people are waiting for gold prices to fall to buy. But for those who are finding the price of gold high, there is also an option of cheap gold. Gold jewellery is made in 22 carats, 18 carats and 14 carats. Let us tell you that 14-carat gold is 36 per cent cheaper than 22-carat gold, while 22 per cent cheaper than 18-carat gold. In recent times, it has been seen that due to the huge increase in gold prices, most buyers are buying 14-carat gold. Anyway, 18-carat gold is used to prepare diamond and gemstone jewellery. Because low-carat gold can hold diamonds or other stones firmly. But in recent times, due to low prices, the demand for 14-carat gold has increased. Such jewellery contains only 58.3 per cent gold and the rest of the metals are used. Which makes 14-carat gold affordable. In recent times, many big jewellery companies have launched 14-carat jewellery to increase sales. If you look at the price of 14 to 22-carat gold, the price of 14-carat gold is Rs 30,980 per 10 grams and 18-carat gold is Rs 39,840. At the same time, the price of 22 carats is Rs 48,690 per 10 grams. Check the price sitting at home:- Let us tell you that you can easily find out these prices sitting at home. For this, you only have to give a missed call to 8955664433 this number and a message will come on your phone, in which you can check the latest price. If you now want to check the purity of gold, then an app has been introduced by the government for this. With the 'BIS Care App', customers can check the purity of gold. War front is shifting as grain departs Ukraine Tata Motors' EV arm acquires Ford's plant in Gujarat in Rs726 cr Reliance builds tech-innovation portfolio for Green Energy in in 5-yrs: Ambani

Shriram Transport Finance hikes deposit rates by 25-50 basis points

The revised interest rates from Shriram Transport Finance Company will apply on its fixed deposits of tenures between 12 and 60 months

Indian Overseas Bank hikes interest rates on fixed deposits: Details inside

Indian Overseas Bank (IOB), a public sector lender, increased interest rates on fixed deposits below 2 crore.

How much of your EPFO money is invested in stocks

The Ministry of Labour & Employment has informed in Lok Sabha that EPFO invests in Exchange Traded Funds (ETFs)

Trade settlement in rupee: Banks seek clarity

Banks have raised concerns over the new international trade settlement in rupee, fearing that facilitation of such a mechanism could result in them facing the ire of economic sanctions by the West, people aware of the matter said. Large banks with overseas operations have sought clarity and assurance from the Reserve Bank of India (RBI) that they will not be targeted with sanctions for facilitating rupee trade with a sanction-hit country such as Russia. The present payment mechanism is a shift from earlier such arrangements, like the one with sanction-hit Iran, which involved banks facilitating settlement of international trade that did not have business in the sanctioned nation.

MRF Q1 PAT slides 29% YoY to Rs 119 cr

The tyre maker's consolidated net profit slipped 29% to Rs 119.46 crore despite of a 36.14% rise in net sales to Rs 5,695.93 crore in Q1 FY23 over Q1 FY22.

Aviation majors in fray to operate copter taxis in UP

After launching expressway projects worth almost Rs 1 trillion, the Uttar Pradesh government is now betting big on the aviation sector to propel the state's economic growth. Air travel, comprising both business and leisure, is expected to give a fillip to the socioeconomic landscape by attracting fresh investment. It would also ramp up infrastructure and create jobs.

How much gold you should hold in your portfolio explained

Portfolio management: Gold may give up to double digit return to its investors in long term, believe experts

Power Grid Corp Q1 PAT drops 37% YoY to Rs 3,801 cr

On consolidated basis, Power Grid Corporation of India's net profit tumbled 36.6% to Rs 3,801.19 crore in Q1 FY23 as against Rs 5,998.28 crore recorded in Q1 FY22.

HDFC hikes RPLR by 25 bps

The housing finance major has hiked its Retail Prime Lending Rate (RPLR) on housing loans by 25 basis points, with effect from 9 August 2022.

Delhivery records net loss of Rs 399 cr in Q1 FY23

Delhivery reported a consolidated net loss of Rs 399 crore in Q1 FY23 as against a net loss of Rs 130 crore recorded in Q1 FY22.

RIL To Hold Its 45th AGM On August 29: Here's What Shall Be In Focus

Reliance Industries (RIL) will hold its 45th annual general meeting (AGM) for the fiscal year 2022 on August 29, 2022. The meet shall commence from 2 pm (IST) via video conferencing. The notice regarding the 45th AGM and Integrated

Sukanya Samriddhi calculator: 12,500 monthly saving may grow up to 64 lakh

SSY interest rate for Q2FY23 is 7.6 per cent and it is still much above the average rate of inflation

Torrent Power Q1 PAT jumps 143% YoY to Rs 502 cr

On a consolidated basis, Torrent Power's net profit jumped 143% to Rs 502.11 crore in Q1 FY23 as against Rs 206.59 crore posted in Q1 FY22.

How Can Indian Individual Investors Invest In Government Securities?

Indian Individual Investors Invest In Government Securities, through the Retail Direct Scheme. The Retail Direct Scheme is a one-stop solution to facilitate investment in Government Securities by individual investors. Under this scheme individual retail investors can open a Gilt Securities Account

Narayana Hrudayalaya reports 45% YoY rise in Q1 PAT

Narayana Hrudayalaya recorded 45.1% growth in consolidated net profit to Rs 110.6 crore on a 20.2% increase in total operating income to Rs 1,033.4 crore in Q1 FY23 over Q1 FY22.

Home loan EMI: Money task for existing borrowers after RBI rate hike

Home loan EMI: Banks reset MCLR linked long term loans in 6 months and repo rate linked loans in three months

Latest Petrol, Diesel Prices In India, August 9, 2022: Check Today's Fuel Prices After Revision

The prices of petrol and diesel continue to remain steady even on the 80th day as the leading Oil Marketing Companies decide to keep prices unchanged on August 9, 2022. The price of 1 litre of petrol is in Delhi is

Chart Check: The private sector banking stock gave a breakout above rectangle pattern; time to buy?

The supertred indicator triggered a buy on 6th July 2022 on the daily charts. The stock moved in a tight band of 150 points where 1420 acted as a stiff resistance while on the downside 1280-1300 acted as a support.The stock broke out from the said pattern earlier in August and is sustaining above the support line which is a positive sign.

Disney+ Hotstar to premiere new Star Wars spin-off on 21 September

NEW DELHI: Disney+ Hotstar will stream Andor, a television series that will serve as a prequel to the Star Wars spin-off film Rogue One (2016), on 21 September

New Marathi film Roop Nagar Ke Cheetey to release on 16 September

Smaller regional film industries such as Marathi, Bengali and Punjabi have bled for the past two years with the pandemic having created losses of nearly Rs. 600 crore.

How FD investors can reap maximum benefit from rising interest rates?

Whenever policy rates start going up, the banks start hiking the interest on FD rates

US Pledges $1 Billion More Rockets, Other Arms, For Ukraine

The Biden administration announced another $1 billion in new military aid for Ukraine on Monday, pledging what will be the biggest yet delivery of rockets, ammunition and other arms straight from Department of Defense stocks for Ukrainian forces. The U.S. pledge

5G: Samsung Looks Beyond Jio

With Chinese companies Huawei and ZTE excluded from participating in the 5G roll out, their absence leaves a vacuum in the market which will have to be filled by three vendors: Ericsson, Nokia and Samsung.

Corporate Radar: ABB India, MRF Q1 results; United Spirits, Hero MotoCorp AGMs, and more

United Spirits, Hero MotoCorp, EID Parry (India), Paushak and Unichem Laboratories will have their annual general meetings (AGM) today.The board of eClerx Services will meet today to consider a bonus issue while the board of JBM Auto and Capacit'e Infraprojects will meet today to consider a preferential issue.

Top Cryptocurrency prices today, August 9

Cryptocurrencies prices today increased as Bitcoin crossed the USD 23,000 threshold. Bitcoin, the biggest and most well-known cryptocurrency, was trading more than 2 percent higher at USD 23,762. According to CoinGecko, the global crypto market valuation today exceeded USD 1 trillion after increasing by about 2 percent over the previous day to reach USD 1.17 trillion. The second-largest cryptocurrency, Ether, which is connected to the ethereum blockchain, increased by about 4 percent to USD 1,769. Shiba Inu's price also increased by about 2 percent to USD 0.000012, while Dogecoin was trading more than 1 percent higher at USD 0.06 today. As XRP, Solana, BNB, Litecoin, Chainlink, Tether, Polkadot, Tron, Avalanche, Stellar, Apecoin, Uniswap, and Polygon prices were trading with gains over the last 24 hours, other cryptocurrency values today also performed better. The cryptocurrency exchange, which also has operations in Singapore, Indonesia, and Australia, is one of several crypto companies affected by a USD 2 trillion market collapse that has led to the suspension of withdrawals by several participants and the filing of bankruptcy cases by some others. Users will be able to withdraw some of their Ether starting on Aug st 11 and their Bitcoin starting on August 16 through Zipmex's Z Wallet. Zipmex had to cease withdrawals in July owing to a liquidity crisis when its exposure to the troubled Babel Finance went sour. Insolvency risks loomed big over significant crypto lending companies, sowing fear among market participants that the cryptocurrency economy was unable to recover from Terra's collapse in May. Markets: Rupee-Dollar Exchange rates today, check more updates FOREX-Yen set for biggest run of gains in 2 years Forex Reserves dip for 4th straight week, trend may reverse

MTM Provisions: Banks may seek RBI relief again

The country's largest lender State Bank of India on Saturday (SBI) reported a 6.7% drop in standalone profit after tax to 6,068 crore for the June quarter after it booked 6,549 crore MTM losses on its investment book. Its operating profit dropped to 12,753 crore in the April-June period from 18,975 crore in the year earlier, dented by MTM losses.

Gold holds steady on lower yields, with focus on U.S. inflation data

The dollar index moved further away from a one-week peak hit post Friday's blockbuster U.S. jobs report, making gold less expensive for other currency holders. * Benchmark U.S. 10-year Treasury yields dipped to 2.7554%, reducing the opportunity cost of holding non-interest bearing gold.

Does the current rally have strong legs? Anshul Saigal answers

In the last 15 days, FPIs have added more than what they sold in the first 15 days. That tells us that this rally had something in the making and also even at this time, there is this sort of a move up in the market, the prevailing mood is to go out and sell, not to go out and buy. That again tells us that it is possible that this rally has legs.

Oil retreats on chance of Iran supply boost

The spectre of a U.S.-Iran nuclear deal continues to hover over the market, ANZ Research analysts said in a note.The European Union late on Monday put forward a final text to revive the 2015 Iran nuclear deal, awaiting approvals from Washington and Tehran. A senior EU official said a final decision on the proposal was expected within very, very few weeks.

EPFO's Rs 1.59 lakh crore investment in ETFs now worth Rs 2.26 lakh crore

Retirement fund body EPFO has invested 1,59,299.46 crore in exchange-traded funds (ETFs) till March 2022 and its notional market value of these investments is 2,26,919.18 crore, Parliament was informed on Monday.

India's July fuel demand rises 6.1% year-on-year

Sales of gasoline, or petrol, were 6.8% higher from a year earlier at 2.81 million tonnes

Check how your NPS investments are faring

There are eight pension fund managers to choose from and one of the ways to do that is by tracking returns

Actis to buy 400MW solar assets from Atha Group for 2,100 cr

The rupee deal may be sealed in two months and the assets will be transferred to Actis platform, Blupine Energy

What is the tax obligation of NRIs on a visit?

For a citizen of India or a person of Indian origin, who is visiting India, the 60 days are considered changed in the following manner. If total income, other than income from foreign sources, exceeds 15 lakh, the 60 days are substituted by 120 days; in any other case, the 60 days are substituted by 182 days

Efficient market hypothesis and its implications

Markets are efficient to some extent so its extremely difficult to beat benchmarks

The investment strategy of Sanctum Wealths Shiv Gupta

Gupta has a traditional asset allocation approach, invests in mutual funds and PMS with a diversified portfolio

Oil prices edge up as strong economic data feeds hopes for demand

Brent crude futures were up 93 cents, or 0.9%, at $95.85 a barrel by 11:20 a.m. ET (1520 GMT). U.S. West Texas Intermediate crude was at $89.68 a barrel, up 67 cents, or 0.8%.

Syrma SGS Technology's Rs 840-crore share sale to open on Friday

Through the IPO, the company is planning to raise Rs 766 crore by issuing fresh shares.

How To Check If The Employer Is Depositing EPF Contribution?

EPF or the Employee Provident fund account is meant to build retirement corpus. Every month 12% of the employee's basic pay is deducted and transferred to the EPF account. Similar amount is also contributed by the employer on his behalf

Why fintechs are in a tizzy, again

As the market regulator tightens rules on selling securities, digital companies are scrambling to keep up.Sebi is upping the regulatory heat on fintechsfrom moving mutual fund transactions to exchange platforms to hinting at greater scrutiny over RAs and firms selling corporate bonds

6 Strong Reasons Why Having FD In Your Investment Portfolio Is Good

The bulk of investments are made to satisfy our needs, goals, and aims, but some financial tools are essential for any portfolio. Compared to a typical savings account, a fixed deposit is an investment that gives high returns. The FD account

Todays Silver Price Delhi, August 8, 2022: Check Latest Price Of Silver

There are many buyers for silver in Delhi and it has emerged a popular investment option for score of investors. Silver price is cheaper than gold and this is the reason why it has become easier to invest in silver considering

Rupee drops 39 paise to 79.63 against US dollar

Lower crude oil prices and a rally in domestic equities restricted the losses to some extent, forex dealers said. At the interbank foreign exchange market, the domestic currency opened weak at 79.50 per dollar.

JP Morgan set to hire over 5,000 for tech roles in India

JPMorgan is one of the biggest employers, along with Barclays and Citigroup, in Indias foreign banking arena, with large facilities employing thousands of people. Besides banking operations, they handle increasingly complex technology roles in areas such as artificial indigence, analytics and blockchain.

Infra assets worth crores to be monetised this fisca

Infrastructure assets worth over Rs 1.62 lakh crore are expected to be monetised during the current fiscal, Parliament was informed on Monday. The government had last year announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) to unlock value in infrastructure assets across sectors, ranging from power to road and railways in four years till 2025. In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said about Rs 97,000 crore worth of public assets were monetised in the last fiscal (2021-22).

Nalco Q1 net profit rises 61 pc to Rs 558 crore

The company had posted a consolidated profit of Rs 347.48 crore in the year-ago period, Nalco said in a regulatory filing.The PSU's consolidated revenue from operations increased to Rs 3,783.32 crore, over Rs 2,474.55 crore last year.

Equity mutual funds inflow drops 43% in July

Equity mutual funds attracted Rs 8,898 crore in July, a 43 per cent decline compared to the preceding month as markets continued to remain volatile amid concerns over inflation and rate hike expectations. For the 17th straight month, equity mutual funds witnessed inflows in July. The net inflows in July were lower compared to Rs 15,495 crore seen in June, Rs 18,529 crore in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi) on Monday.

City Union Bank Q1 net rises 30% to Rs 225 cr

Total income during April-June quarter of 2022-23 was up by 11 per cent at Rs 1,317 crore as against Rs 1,191 crore earlier, City Union Bank said in a release.

MCX board to get new PIDs, Chairman

The new appointments come at a time when the MCX has recently had a slew of controversies

Wall Street steadies after US jobs report sell-off

On Wall Street, the Dow Jones Industrial Average rose 0.69% to 33,029.18, the S&P 500 gained 0.70% to 4,174.11 and the Nasdaq Composite added about 0.8% to 12,759.00 in early trading.