By Dharmesh Shah Equity benchmarks extended losses tracking weak global cues post US FOMC meet outcome last week. The NSE Nifty 50 index ended the week at 15294 down 5.6%. The broader market indices extended weakness as Nifty midcap, small cap indices lost ~6% and 8%, respectively. Sectorally, all major indices ended in red weighed […]
SBI Card (SBIC) reported 3% q-o-q dip in PAT in Q3FY23 primarily on account of lower NIMs (subdued revolver mix and higher cost of funds), lower instance-based fees (removal of over-limit (OVL) fees) and higher cost to income (higher acquisitions and more corporate spends) partially offset by lower credit cost. Earnings are expected to improve […]
In light of the emergence of the JN.1 Covid variant, Maharashtra Minister Sanjay Bansode instructed health officials to ensure the availability of ventilators, oxygen cylinders and other necessary equipment at government hospitals. In a meeting in Latur on Saturday, the minister said the health department must take precautionary measures and ensure the availability of necessary […]
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