RBL Bank eyes 5.1% interest margin, to launch CV and used car loans, targets growth in smaller cities

RBL Bank is targeting higher net interest margins (NIM) from its retail business by expanding its share of higher-yielding assets, including a foray into commercial vehicle (CV) financing and used four-wheeler loans in the next three months, a top executive said.Kumar Ashish, head of retail assets and collections, said the private sector lender is looking…

Read More

Top stocks to buy in upcoming week: Spotlight on the bulls – check stock recommendations with a 3-month horizon

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBICAP Securities, Apollo Hospitals Enterprise, and LT Foods are the top stock picks for the upcoming week. Here’s his view on Nifty, Bank Nifty and the top stock picks with a 3-month horizon: Nifty View The…

Read More

Gold rate outlook: Gold prices likely to stay under pressure as investors eye key US macro data, say analysts

Gold rate outlook: Gold prices are expected to remain subdued next week as investors await crucial US macroeconomic data, which may offer fresh signals on the Federal Reserve’s stance on interest rates, analysts said.Improving risk appetite and easing geopolitical tensions have reduced investor interest in traditional safe-haven assets like gold, pushing them towards riskier assets…

Read More

Bob Vylan’s ‘Death to IDF’ chant at Glastonbury festival: Organizers appalled, Israel asks UK to denounce hateful rhetoric

Rapper Bobby Vylan of rap punk duo Bob Vylan led crowds to chant ‘death, death to the IDF’ at Glastonbury Festival. Rapper Bobby Vylan of UK punk-rap duo Bob Vylan triggered a major controversy following his Glastonbury Festival performance Friday as he led the crowd to chants of “Free, free Palestine” and “Death, death to…

Read More

PLI scheme for telecom: Only half of eligible firms get Rs 1,162 crore in incentives till FY25, says DoT

Just 21 out of the 42 manufacturers eligible under the telecom production-linked incentive (PLI) scheme have received incentives till March 31, 2025, with total disbursements reaching Rs 1,162 crore, according to data provided by the Department of Telecommunications (DoT).The telecom PLI scheme, which began on April 1, 2021, and is scheduled to end in the…

Read More

‘What do you call a sick eagle?’: Texas woman accuses Starbucks of making ‘offensive’ joke, keeps cup as proof

A Hispanic woman living in Texas received her Starbucks drink with this joke. (Photo: CBS News) Blanca Lopez, a Hispanic woman living in Irving, Texas said she has been subjected to an insensitive joke by the barista of a Starbucks store. The incident took place Monday when Lopez visited the Starbucks inside a Target story…

Read More

Indian Railways announces three big steps for train ticketing! New charting, Tatkal ticket booking, reservation system – what they means for passengers

We take a look at the top three upcoming changes in train ticketing and what they mean for passengers: Indian Railways train ticket operations set for a major revamp: In a move aimed at enhancing comfort for passengers, Indian Railways is planning to gradually roll out three key changes to its passenger reservation system. The…

Read More

Wave of Russian strikes wounds 7 in Ukraine

KYIV: Fresh Russian strikes targeting Ukrainian regions in the night of Saturday to Sunday wounded at least seven people, according to the war-torn country’s authorities, calling on Western allies for increased military support.Since launching its invasion in February 2022 Russia has launched near-nightly bombardments of its neighbour’s towns and cities, raining down drones and missiles…

Read More