Oil plunges 4%, slips below $75/bbl as Iran supply disruption concerns ease (15-10-2024)
Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after a media report said Israel is willing to not strike Iranian oil targets, easing fears of a supply disruption.
AI to light the path at India Mobile Congress (15-10-2024)
The government is expected to outline a policy framework for artificial intelligence (AI) at the annual India Mobile Congress (IMC) 2024, beginning Tuesday, officials said. Apart from industry participation, the four-day event will feature booths from over 15 ministries showcasing how AI is being integrated into their departments.
Iron & Steel, Housing Finance, and PSU Banks among most undervalued PSU sectors: Value Stocks (15-10-2024)
Value Stocks research found that 16 out of 26 PSU subgroups are undervalued. Iron & Steel, Housing Finance, and PSU Banks are highlighted as undervalued sectors with attractive investment opportunities.
Ashish Kacholia portfolio Garware group stock has zoomed 153% in 5 months (15-10-2024)
Shares of Garware Hi-Tech Films hit a new high of Rs 4,211.05, rallied nearly 8 per cent on the BSE in Tuesday’s intra-day trade in an otherwise weak market on expectation of strong earnings.
Bank of Maharashtra Q2 results: Profit jumps 44% YoY to Rs 1,327 crore; NII rises 15% (15-10-2024)
Bank of Maharashtra reported a 44% YoY jump in net profit to Rs 1,327 crore in Q2FY25. Net interest income grew 15.4% to Rs 2,807 crore. Gross NPAs declined to 1.84% and net NPAs fell to 0.20% as of September 30, 2024.