MODERATORS
Equity returns over next 3 years will be moderate: Franklin Templeton Mutual Fund
The asset manager's president Avinash Satwalekar said Franklin Templeton has crossed the Rs 1 lakh crore assets under management milestone around ten days ago again. As of March, it was the 15th biggest asset manager in the country.
Joe Biden's disastrous debate blamed on bad preparation, exhaustion
President Joe Biden's debate performance against Donald Trump has led to internal criticism and calls for reevaluation within the Democratic Party. Biden, appearing exhausted and unwell, struggled to counter Trump's falsehoods, prompting some to blame senior advisers for poor preparation. Major fundraiser John Morgan and others have suggested dismissing key aides, citing over-coaching. While Biden's campaign reports no major polling shifts, discussions about his 2024 candidacy and campaign strategy are intensifying among Democrats.
Rains hit parts of Jammu, massive landslide blocks Kishtwar-Paddar road as IMD issues warning
Jammu weather: IMD warns of flash floods, landslides, and shooting stones at vulnerable spots. Moderate thunderstorms with lightning may occur. Rains, landslides, and thunderstorms are expected, indicating potential risks in the upcoming week.
Rates on fresh loans and deposit moderate sequentially in May
In May 2024, the Reserve Bank of India reported a marginal decline in weighted average lending rates on fresh loans and deposits by 16 and one basis points, respectively. The WALR on fresh rupee loans fell to 9.39%, while the WADTDR on fresh term deposits dropped to 6.47%.
Retail loans moderate for the 10th straight month
The Reserve Bank of India reported that bank lending to the retail sector moderated for the tenth consecutive month in May, reaching 17.8% from 19.1% a year ago. Corporate loans grew faster at 8.9% compared to 6% in May 2023. Non-food bank credit saw a 16.2% growth in May 2024 compared to 15.5% a year ago.
US dollar weakens vs yen as inflation moderates
The U.S. dollar fell against the yen on Friday after data showed inflation in the world's largest economy cooled down last month, cementing expectations that the Federal Reserve will start cutting interest rates this year.
- Go To Page 1
US inflation cools in May; consumer spending rises moderately
ART HOGAN from B RILEY WEALTH notes the stable 2.6% core PCE, potentially leading to Fed rate cuts. The overall economic indicators suggest a favorable environment for equities, with ongoing downward trends in treasury yields.
Akme Fintrade shares see a moderate listing. Should you exit?
Akme Fintrade, a rural and semi-urban-focused NBFC, had a moderate listing on Wednesday. Its shares opened at Rs 127, marking a 5.83% increase from its issue price of Rs 120. This performance contrasts sharply with the earlier excitement indicated by a higher pre-listing GMP. Despite receiving decent oversubscription, analysts noted that Akme Fintrade's cautious listing suggests investor restraint.
Coffee lovers with sedentary lifestyle tend to live longer than others: Study
The study, conducted on US adults, suggests that coffee consumption may offer a protective effect against the negative health impacts associated with prolonged sitting. Non-coffee drinkers were found to be nearly 1.6 times more likely to die from all causes compared to coffee drinkers.
IMD predicts light to moderate rainfall at various places, accompanied by isolated thunderstorms, lightning
The India Meteorological Department forecasts light to moderate rainfall across various regions, with isolated thunderstorms and gusty winds, over the next few hours, providing relief from heatwaves. Heavy showers are expected in West Madhya Pradesh, Gujarat, and the Andaman and Nicobar Islands. Delhi also experienced rainfall, easing its record-high power demand amid the heatwave.
Elon Musk addresses his harsh remarks at Cannes Lions Festival; Here's what he said
Elon Musk clarified his controversial comments on free speech at the Cannes Lions advertising festival, addressing advertiser concerns about content moderation on X. He emphasized the platform's commitment to free speech over censorship, even at the cost of losing advertisers. X CEO Linda Yaccarino supported Musk's stance, highlighting the platform's role in enabling information independence. Musk reiterated the importance of authenticity and free speech, despite occasional personal missteps.
US Supreme Court's upcoming decisions this week: From Donald Trump to gun rights, all you need to know
The whole of United States is eagerly waiting for a few decisions by the Supreme Court, that can set up the course of politics for the coming days. These include some major decisions like taking a call on Donald Trump's prosecution, gun rights, abortion access, social media content and much more.
Biden vs Trump Presidential Debate: Date, moderators, and how to watch
The eagerly awaited presidential debate featuring President Joe Biden and former President Donald Trump is scheduled to be broadcast soon. Here are all the details.
PV sales up in low-digits as growth pace moderated in May: SIAM
Passenger vehicle dispatches increased by 3.9% in May, setting a new record. Three-wheeler sales surged by 14.7%. Two-wheelers grew by 10.1%. The industry is optimistic about steady growth in 2024-25 due to expected good monsoon and economic development.
IMD forecasts moderate to heavy rains in Goa, issues red alert for two days
The India Meteorological Department (IMD) issued a red alert for Goa, forecasting moderate to heavy rainfall over the next two days, with very heavy showers in some parts. The alert covers June 9 and 10 for North and South Goa, with heavy to extremely heavy rainfall expected. An orange alert is in place for June 11 and 12. A warning of potential traffic issues, water logging, power supply disruptions, and flash floods due to intense rainfall was also given.
RBI sees moderation in unsecured retail loans, tells banks to maintain prudent asset-liability balance
The Reserve Bank of India (RBI) noted a moderation in unsecured retail loans and advances following concerns raised in November 2023. Governor Shaktikanta Das highlighted that growth in personal loans and NBFC funding reliance has slowed. The RBI continues to monitor these trends and has urged financial institutions to maintain risk within acceptable limits.
Bonds vs stocks: What is the best asset allocation for mutual fund investors post poll results?
Mutual fund investors are advised on asset allocation in the third term of the Modi-led government. Recommendations cover exposure to different assets for conservative, moderate, and aggressive investors, considering factors like risk appetite and investment horizon.
Election results: How mutual fund investors should tweak their investment strategy
ETMutualFunds consults advisors on post-election investment strategy adjustments for conservative, moderate, and aggressive mutual fund investors. Recommendations include gradual equity exposure increase for conservatives, balanced portfolios for moderates, and focus on growth sectors for aggressives, with emphasis on research and risk management.
UBL, AB-InBev, Carlsberg jointly form Brewers' Association of India
The Brewers' Association of India (BAI) was officially launched by the country's leading beer manufacturers, United Breweries (UBL), AB-InBev, and Carlsberg, in partnership with the World Brewing Alliance (WBA). This new industry body aims to drive innovation, moderation, and sustainability in the Indian beer market. UBL, AB-InBev, and Carlsberg together hold about 85 per cent of the beer sales in India, with UBL leading the market with brands like Kingfisher and Heineken.
Top beer companies launch a new brewers association in India, backed by World Brewing Alliance
Brewers Association of India (BAI) is being established in partnership with the World Brewing Alliance (WBA), the global industry body consisting of brewers and brewing trade associations from Australia, Canada, the UK, the USA, Europe, Japan, Korea, Latin America, Brazil, New Zealand, Nigeria and now India. The goal of WBA is to exchange knowledge and best practices among brewers and other stakeholders.
Bank credit growth rate expected to moderate: Crisil
The central bank increased the risk capital requirements for unsecured loans to NBFCs to 125% in November last year from 100% prompting banks to realign their strategies and strengthen their underwriting process.
How Google and Meta's Ad transparency reports reveal—and conceal—political Ad spend
Despite abundant data, Google and Meta’s ad transparency reports often obscure more than they reveal. While intended to enhance transparency, critics argue they create an illusion of openness, complicating the analysis of political ads and raising concerns about content moderation.
GDP likely expanded 6.8% in Q4; FY24 print may hit 7.8%
The strong March quarter print could lift overall gross domestic product (GDP) growth for the full fiscal year to 7.8% against 7.6% assessed in the government's first advance estimates released in February. The International Monetary Fund (IMF) has also forecast 7.8% growth for FY24. The government will release fourth-quarter growth numbers and provisional GDP data for FY24 on May 31.
ETMarkets Fund Manager Talk: PSU banks trading at 40-50% discount to pvt banks, can outperform: Hardick Bora of Union Mutual Fund
Hardick Bora discusses the state of the PSU banks versus the private banks, Nifty 50 Index, Fair Value Spectrum, small and midcap funds, and asset allocation strategy for moderate risk profiles. Bora says: "An election outcome with continuity of the current administration may strengthen the sentiments of local as well foreign investors."
Wipro's Pallia to moderate AI ‘crowdsourcing’ session with staff
In what might also be considered crowdsourcing of ideas, new CEO Srinivas Pallia will moderate a virtual session for staff on June 12 on ways to develop strategies to help clients in artificial intelligence.
Alembic Pharma plans to launch 25 drugs in US generics segment this fiscal
The Vadodara-based drug maker, which has been around for over a century, is a late entrant in the US market. It has more than made up for it. It has been on an investment overdrive, spending about ₹700-₹750 crore per annum on R&D to build a complex pipeline of products for the US market.
Avoid Milk tea: ICMR advises tea, coffee consumers about when to drink, when to avoid, ideal quantity
The Indian Council of Medical Research (ICMR) and the National Institute of Nutrition (NIN) have issued 17 new dietary guidelines, urging moderation in tea and coffee consumption. Citing health concerns related to caffeine, the ICMR recommends limiting daily intake to 300mg. The guidelines suggest avoiding tea or coffee an hour before and after meals to prevent iron absorption issues. Emphasizing a diverse diet, they promote increased fruit and vegetable consumption while limiting oil, sugar, and salt intake.
UltraTech will surpass industry growth in FY25 despite demand moderation, says CFO
The country’s largest cement producer saw sales volume grow in double digits for the third year in a row, recording a 13% increase in FY24. UltraTech’s capacity utilisation was at 98% in the March quarter, but Daga said the company has sufficient capacity to keep growing. Capacity utilisation for the full year was at 85%, significantly higher than the industry average of around 71%.
Load More
