Vodafone Idea share price rebounds from 52-week low. Nuvama predicts 40% upside

Vodafone Idea share price rebounds from 52-week low. Nuvama predicts 40% upside

Vodafone Idea share price: After the Supreme Court did not find relief on AGR dues, Vodafone Idea shares witnessed a strong sell-off last week and touched a new 52-week low of ₹9.79 apiece during Friday deals. However, the beaten-down stock witnessed strong buying at the lower levels and finished green at ₹10.52 per share, logging … Read more

EPFO to spend ₹13 crore on welfare of its employees with ₹74 lakh allocated to holiday homes

EPFO to spend ₹13 crore on welfare of its employees with ₹74 lakh allocated to holiday homes

The Employees Provident Fund Organisation (EPFO) has issued a circular highlighting the allotment of funds for the year 2024-25 towards welfare activities of employees. The total budget for welfare activities, reads the circular, is ₹13.10 crore — out of which ₹74.37 lakh belong to the holiday homes alone. Excluding the budget for holiday homes, the … Read more

Canadian dollar clings to weekly gain as retail sales beat estimates

Loonie notches weekly gain of 0.2% Retail sales rise 0.9% in July Price of US oil increases 0.5% Bond yields rise across the curve TORONTO, Sept 20 – The Canadian dollar steadied against its U.S. counterpart on Friday as domestic data showed retail sales rising more than expected in July and despite the greenback notching … Read more

What is Jana Small Finance Bank’s Liquid Plus Fixed Deposit (FD) scheme? Check details

What is Jana Small Finance Bank’s Liquid Plus Fixed Deposit (FD) scheme? Check details

A number of banks have lately rolled out new deposit schemes to woo the current and new depositors. Some of these schemes are rolled after making minor tweaks in the regular deposit schemes. For instance, Bank of Baroda (BOB) has rolled out a recurring deposit plan which is similar to a recurring deposit wherein depositors … Read more

Super FMCGs! Mrs Bectors to Jyothy Labs—LKP bets on 3 consumer staples over robust volume, eyes 20-30% returns

Super FMCGs! Mrs Bectors to Jyothy Labs—LKP bets on 3 consumer staples over robust volume, eyes 20-30% returns

Fast-moving consumer goods (FMCG) companies (largely staple companies) have struggled to improve their volume growth in the last few years due to sluggish demand growth, especially in rural areas. Domestic brokerage LKP Securities noted large consumer staple companies reporting an average mid- to high single-digit volume growth between FY20-24, unlike a few smaller size FMCG … Read more

How do banks make money through credit cards? Here are 4 ways

How do banks make money through credit cards? Here are 4 ways

Credit cards are one of the easiest ways to buy your favourite products without paying for them in cash immediately. But what does it mean for banks that provide you credit? How do they benefit by lending money to you? Or do they have to wait till the due date to get their money back? … Read more

Over 250 stocks hit one-year highs on BSE; investors earn over ₹6 lakh crore in a day

Over 250 stocks hit one-year highs on BSE; investors earn over ₹6 lakh crore in a day

Stock market today: More than 250 stocks, including ICICI Bank, Bharti Airtel, Hindustan Unilever (HUL), Bajaj Finserv and JSW Steel, hit their fresh 52-week highs in intraday trade on BSE on Friday, September 20, even as equity benchmarks, the Sensex and the Nifty 50, clocked robust gains to scale their fresh peaks. Zomato, Bajaj Holdings, … Read more

4 best credit cards every first-time user should consider

4 best credit cards every first-time user should consider

Credit cards are one of the most important tools for managing finances. If you are a beginner who has just started earning, you should get your first credit card soon. Credit card is a great tool for managing cash flows, and earning rewards on day-to-day expenses. Before I recommend some cards for you as a … Read more

The breakthrough AI needs | Mint

The breakthrough AI needs | Mint

Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the following one $10bn. … Read more