Uttar Pradesh sees rise in education loans, outstanding amount declines | News

Uttar Pradesh is seeing a rise in education loans but a decline in the outstanding amount, signaling a robust credit flow in the sector. During the first nine months of FY24 (April to December), around 30,000 fresh education loans amounting to nearly Rs 1,028 crore were disbursed in the state. This is a… Continue reading Uttar Pradesh sees rise in education loans, outstanding amount declines | News

Opinion: What a doctor sees when Joe Biden hesitates

As a geriatrician, I discuss the effects of aging with patients every day. I wish I had a chance to give my usual talk to everyone who chortles or tears their hair out about President Biden’s fitness for his job. First, memory. I explain to patients that there are three components to consider. One is… Continue reading Opinion: What a doctor sees when Joe Biden hesitates

Won’t invest further in RBL unless it sees ‘compelling value’: M&M

Mahindra and Mahindra (M&M) on Friday said that it does not expect to invest more in RBL Bank unless it sees ‘compelling strategic value’ beyond the 3.5 stake that it has already acquired recently for Rs 417 crore. The company said that the investment in the private sector lender was made with a long-term… Continue reading Won’t invest further in RBL unless it sees ‘compelling value’: M&M

ECB’s Philip lane sees inflation slowing significantly later this year

European Central Bank Chief Economist Philip Lane. (Photo: Bloomberg) By Jana Randow European Central Bank Chief Economist Philip Lane is confident that inflation in the 20-nation euro zone will retreat markedly in the coming months, adding to evidence that interest rates are close to their peak.   While price pressures won’t hit… Continue reading ECB’s Philip lane sees inflation slowing significantly later this year

Why BAT sees value in holding on to ITC stake

British American Tobacco (BAT), the largest shareholder in ITC Ltd, will continue working with the cigarettes-to-hotels conglomerate as “it’s a good thing” and there is potential for new nicotine products in India. BAT came under pressure to sell its 29.12 per cent stake in ITC and earn cash to manage its £39.28-billion pound… Continue reading Why BAT sees value in holding on to ITC stake

UBS ‘double upgrades’ Gail India to buy; sees 25% upside in the stock

GAIL Q4FY23 net profit drops 77.5%, revenue from operations up 21.8% Stocks to Watch today, May 23: PolicyBazaar, BPCL, Vedanta, NMDC, JSW Steel Stocks to Watch today, May 18: HDFC Bk, Vedant Fashions, MM Forgings, NDTV Stocks to Watch Today: L&T. DRL, Adani Group, Asian Paints, Hero Moto Stocks to watch: L&T, GAIL, ONGC, Fortis… Continue reading UBS ‘double upgrades’ Gail India to buy; sees 25% upside in the stock