Edward Johnson 
Keki Mistry, Former VC & CEO, HDFC, says to the best of his knowledge from whatever little I have seen with some of the banks or even Poonawalla Fincorp or some of the other NBFCs that I know of, very good and systematic diligence is carried out before a loan is disbursed. Now, it is … Read more
Mosques under attack; hotels housing asylum seekers set alight; black and brown people set upon by racist mobs; “race checkpoints” set up on crossroads. My mum – terrified at what she’s seeing – pleads with me and my sisters: don’t go out unless you have to. Definitely don’t go out alone. It is a message … Read more
NEW YORK: Retailers are fueling a summer rush of imports to the United States this year, as companies guard against a potential port workers strike and ongoing shipping disruptions from attacks in the Red Sea ahead of a shortened holiday shopping season. Container imports and freight rates surged in July, signaling an earlier-than-usual peak season … Read more
Introduction: Pound on track for worst run in a year Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. After a week of volatile trading, the pound is on track for its longest run of losses in a almost a year. Sterling is heading for its fourth … Read more
London: Noor Miah was a student when riots broke out in northern England in the summer of 2001, with angry young British South Asians clashing with police after a series of racist attacks and incidents. The northern town of Burnley was engulfed in the riots which began an hour away in Oldham, as the far-right … Read more
It was visiting time at the hospital, and the corridors were full of dutiful middle-aged sons and daughters. The woman who held the ward door open for me was balancing a formidable stack of Tupperware boxes: home-cooked food, in case the nurses were too busy to make sure her elderly father ate. Why hadn’t I … Read more
Islamabad: An accountability court has approved an 11-day physical remand of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra Bibi in a new Toshakhana case, Pakistan-based The News International reported. The couple was presented in the makeshift courtroom set up at Rawalpindi’s Adiala Jail on Thursday after their 10-day physical remand in the … Read more
Trent and Bharat Electronics (BEL) may be included in the benchmark Nifty in the next shuffling of indices by the NSE in September, according to Nuvama Alternative & Quantitative Research. The two stocks could take the place of LTIMindtree and Divi’s Labs. Nuvama said the changes could result in $500 million inflow into Trent and … Read more
Brokerage firms such as Morgan Stanley and JP Morgan are overweight on IndusInd Bank and Lupin, respectively, while Nomura, UBS, and Goldman Sachs have buy ratings for Aadhar Housing, Page Industries, and Eicher, respectively. We have compiled a list of recommendations from leading brokerage firms based on ETNow and other sources: Morgan Stanley on IndusInd … Read more
Benchmark indices closed nearly 1% down on Thursday after the Reserve Bank decided to keep the policy rate unchanged for the ninth time in a row. Stocks that were in focus include names like Symphony, which rose 10.35%, Apollo Tyres, which fell 1.48%, and Shree Cement, whose shares declined 3.66% on Thursday. Here’s what Kushal … Read more
