Introduction: Mortgage repayments up 60% since 2021, reports Zoopla Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. A year and a half on from the mini-budget turmoil, UK households are still paying sharply more when they take out a mortgage. New research from property website Zoopla … Read more
Shares of ICICI Bank on Monday rose over 2% to a fresh 52-week high of Rs 1,132.95 on BSE as brokerages raised the target prices with the highest one going up to Rs 1,450. The private sector lender reported a healthy performance in Q4, with 17% year-on-year (YoY) growth in profit amid contained opex and … Read more
My wife, the daughter of a Windrush émigré, is a long-term social housing tenant with L&Q. Since we plan for her elderly parents to move in with us, we applied to swap her two-bedroom flat for a three-bedroom one via housing association L&Q’s mutual exchange scheme. The property we chose was in a poor state … Read more
New Zealand Cricket has unveiled their lineup for the 2024 T20 World Cup in a unique manner. Rather than having captain Kane Williamson or head coach Gary Stead, who also serves as the chief selector, make the announcement, it was delivered by two surprise guests. These guests were tasked with revealing the names of the … Read more
Hiral Chandrana, CEO, Mastek, says “if you remove the small acquisition that we did in FY24, we still grew at a fairly healthy rate compared to competition. We expect FY25 to be along the same lines or potentially even better. It will be a little tough in the next two quarters. It seems customers are … Read more
Indian market is likely to consolidate on Monday tracking mixed global cues. The Nifty future closed negative with losses of 0.35% at 22575 levels on Friday. India VIX was up by 1.82% from 10.73 to 10.92 levels. Since it is the beginning of the new series, options data is scattered at various far strikes. On … Read more
Global brokerage firm Jefferies downgraded BSE, Morgan Stanley maintained an overweight rating on InterGlobe Aviation and Tech Mahindra, and Kotak Securities recommended a sell on Yes Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on BSE: Hold| Target Rs 2900 Jefferies downgraded BSE to Hold … Read more
Folios of several mutual fund investors have been frozen since April citing non-compliance with Know Your Customer (KYC) norms. ET takes a look at what went wrong and how to rectify it if you are an affected investor: What is the controversy around the MF KYC non-compliance?The Securities and Exchange Board of India, India’s capital … Read more
The U.S. dollar was a shade softer in early deals on Monday, thinned by a holiday in Japan, though the yen, euro and sterling stayed near the bottom of the ranges hit during Friday’s volatile session. Japan’s yen was at 158.05 per dollar, up nearly 0.2% in quiet trading with Tokyo markets closed for the … Read more
Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon. Brent crude futures fell by as much as $1, or 1.1% to … Read more
