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Canada is a haven for pleasing myths. One agreeable caricature popular these days is of a land and a people united in happy solidarity to resist an unpopular president clamouring to add Canada as the 51st star on the stars and stripes flag. Uncomfortable truth be told, more than a few Canadians are not wishing…
State-run Bank of Baroda (BoB) reported a weaker-than-expected set of numbers for the March 2025 quarter, triggering a steep selloff in public sector banking stocks. The bank’s core performance missed analyst estimates on key parameters, including Net Interest Income (NII) and profitability, despite a decline in bad loans. The stock crashed over 10 per cent…
Smallcap Stock to Buy: Analysts at domestic brokerage Ventura Securities have initiated coverage on Patel Engineering with a ‘buy’ stance. According to the brokerage, the company has technical expertise and mainly undertakes complex infrastructure projects under the EPC model (Engineering, Procurement, and Construction). It has focus on government and PPP-based infrastructure projects, which are typically…
Paytm’s parent company, One 97 Communications, on Tuesday, May 6, reported a consolidated net loss of Rs 539.8 crore for the March quarter of FY25, slightly lower than the Rs 549.6 crore loss reported in the same period last year. The numbers signal marginal improvement, but revenue contraction and ongoing regulatory challenges continue to weigh…
In a move to strengthen road safety and emergency medical care, the Central government has officially notified a nationwide scheme offering cashless treatment of up to Rs 1.5 lakh for road accident victims. The scheme, titled Cashless Treatment of Road Accident Victims Scheme, 2025, came into effect on May 5, 2025, according to a gazette notification…
Germany’s conservative leader has unexpectedly fallen short of a majority in a parliament vote to become chancellor. Friedrich Merz needed 316 votes in the 630-seat Bundestag but only secured 310, in a significant blow to the Christian Democrat leader, two and a half months after winning Germany’s federal elections. His coalition with the centre-left has…
Investors, venture capitalists, and financial analysts are constantly in pursuit of the next billion-dollar start-up before it makes its debut on the public market. Private companies, particularly those in high-growth sectors, often hold the key to disruptive innovation, yet tracking their financial health, funding rounds, and investment trends remains a significant challenge. Traditional data sources…
Top gainers and losers today: In a choppy session after a muted opening and then rangebound trade throughout the day, Nifty50 ended with a drag of 0.33 per cent or 81.55 points at 24,379.6. Sectorally, only the auto index posted mild gains, while all other sectoral gauges faced selling pressure, with PSU Banks and Realty dragging…
In a choppy session today, the Nifty PSU Bank index emerged as the laggard, settling with a cut of nearly 5 per cent, dragged by counters including Bank of Baroda, Punjab National Bank and Canara Bank among others. All of the 12 constituents ended in the red, with a drag between 2-11 per cent. Vaibhav…
NewsFeed Multiple explosions have been heard and a huge fire seen in Port Sudan, where hundreds of thousands of displaced people have sought refuge. Sunday was the first time the city had been hit since the war started. Published On 6 May 20256 May 2025 Source link
