Morgan Stanley has an equal-weight rating on SBI with the target price raised to Rs 1,025. Analysts said the key positive from SBI’s July-Sept (Q2FY26) results was a 5% higher net interest income (NII) over analysts’ estimates and strong fees. Its profit after tax (PAT, pre-exceptional gain) was 15% above estimates, while asset quality remained…
The central bank held interest rates steady on Thursday, a decision that came at a time when British policymakers and lawmakers are confronting economic challenges. Source link
MUMBAI: FM Nirmala Sitharaman on Thursday urged banks to ensure that customers can get service in branches while speaking in the local language and called upon lenders to tweak HR policies to give weightage to local language proficiency during appraisals.She asked banks to restore the human connect in customer service, insisting that technology must complement,…
The new program, Direct File, helped low- and moderate-income taxpayers file their returns more easily, and had been expanding. Source link
File photo (Picture credit: ANI) India’s services sector saw its slowest pace of growth in five months during October, as competitive market pressures and heavy rainfall in some regions weighed on business activity.According to the monthly HSBC India Services PMI Business Activity Index, compiled by S&P Global, the seasonally adjusted reading fell to 58.9 in…
The president’s agreement with drug companies involves a range of prices, depending on dose, product and how you’re paying. Source link
MUMBAI: Finance Minister Nirmala Sitharaman has urged banks to ensure that customers are able to get their work done in branches speaking in the local language. She also called upon banks to tweak HR policies to give weightage to local language proficiency during appraisals. She asked banks to restore the human connect in customer service,…
Airline planning and scheduling teams went into overdrive to identify which flights to cut while minimizing consequences for customers, pilots, flight attendants and the bottom line. Source link
US stocks fell sharply on Thursday as investors digested another round of earnings reports while the prolonged government shutdown continued to block key economic data releases.The S&P 500 fell 1%, the Dow Jones Industrial Average dropped 449 points, or 1%, and the Nasdaq composite lost 1.6% by late morning trade. Technology majors led the declines,…
Shareholders approved a plan to grant Mr. Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation. Source link
