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2024-10-22 10:46:47| The Economic Times

A well-paid couple in Silicon Valley struggles to save money as they spend $30,000 per month on mortgages, utilities, tuition, and groceries. Despite their high earnings, their expensive lifestyle leaves them living paycheck to paycheck. This situation raises concerns about financial management and lifestyle choices among high earners.

Category: News and Media
 

2024-10-22 10:00:35| The Economic Times

Chetan Ahya of Morgan Stanley discusses the current slowdown in India's urban economy and predicts a recovery driven by increased government expenditure. He highlights signs of improvement in rural demand and private sector capital expenditure. Despite the short-term urban slowdown, projections indicate a stabilized GDP growth rate close to 7% in the near future.

Category: News and Media
 

2024-10-22 09:46:32| The Economic Times

If it does hold, expect a choppy trading session in between 25,200 to 24,600; but if the support breaches, then brace yourself for the impact because that can see a potential downside in the index and even these stocks before the October series.

Category: News and Media
 

2024-10-22 09:36:33| BBC News | Business | World Edition

Pam Kaur is the first woman in the banking giant's 159-year history to become its chief financial officer.

Category: News and Media
 

2024-10-22 09:13:20| BBC News | Business | World Edition

Borrowing - the difference between spending and tax revenue - came in lower than expected on Tuesday.

Category: News and Media
 

2024-10-22 09:10:11| The Economic Times

Deven Choksey, MD of DRChoksey FinServ, sees strong investment potential in Tata and Adani Group companies. He mentions Tata Motors, Tata Power, and Indian Hotels as promising prospects. In the Adani Group, he highlights Adani Enterprises and Adani Ports for their growth potential. He also expresses confidence in the future of Indian IT companies and Kotak Mahindra Bank.

Category: News and Media
 

2024-10-22 08:58:48| The Economic Times

Apple CEO Tim Cook visited China to address slumping sales and tough competition from local brands. Cook met with Chinese university students using Apple products for sustainable farming. He also walked through a historic Beijing quarter with fashion photographer Chen Man. Apple reported revenue growth but faces challenges in the Chinese market.

Category: News and Media
 

2024-10-22 08:25:15| The Economic Times

Manappuram Finance's shares dropped 21% after the Reserve Bank of India took regulatory action against its subsidiary, Asirvad Micro Finance. The RBI ordered Asirvad to stop loan sanctions and disbursals. Asirvad contributes 27% to Manappuram's assets under management. Investors should observe management actions to address these concerns and monitor stock movements around key support levels.

Category: News and Media
 

2024-10-22 07:53:23| The Economic Times

In South India, it was closer to 50%. And with this acquisition of India Cements by UltraTech and now Orient by Ambuja Cement, it is getting to the levels where the other regions are.

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2024-10-22 07:40:07| The Economic Times

Shares of Sona BLW Precision Forgings rose nearly 3% following the inauguration of its new driveline plant in Manesar, Haryana. This development aims to meet growing demand and boost production capacity. The company reported a 26.7% YoY net profit increase in Q1 FY25, with revenues rising 21.8%.

Category: News and Media
 

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