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BusinessPhoto: NDTV BusinessNirmal Bang has upgraded its rating for Punjab National Bank (PNB), citing an attractive valuation at 0.73 times forward book value. The brokerage highlights an improving net interest margin (NIM) and healthy loan growth as key factors supporting PNB's return ratios. It expects PNB to sustain a 1% return on assets (ROA) by fiscal year 2027.
NDTV Business·
HealthPhoto: HT HealthBreast cancer is commonly seen as a women's disease, but men can also develop it, though rarely. Male breast cancer is often diagnosed late due to low awareness and social stigma. Men may ignore symptoms like chest lumps, nipple discharge, or skin changes. Early recognition and medical consultation are crucial for better treatment outcomes, says Dr. Pragati Singhal from Narayana RN Tagore Hospital, Kolkata.
HT Health··Kolkata
WorldPhoto: Firstpost WorldTwelve migrants died in two separate incidents in the Aegean Sea on Monday. Six migrants died after their speedboat collided with a police patrol vessel off the coast of Lesbos. Another six migrants died when a small boat capsized near Samos, according to Greek authorities.
Firstpost World·
WorldPhoto: Hindu WorldThe UN's World Food Programme announced it will stop monthly food assistance to 500,000 people in Gaza starting this month due to a lack of funding. Shaun Hughes, WFP country director, highlighted the severe funding gap despite ongoing acute needs in the region. The announcement comes amid widespread destruction in Gaza since October 2023.
Hindu World··Beit Hanina
PoliticsPhoto: MintThe National Lok Adalat will be held in Delhi on October 25, allowing residents to settle pending traffic challans and other compoundable civil and criminal cases. Settlements can be made from 10:00 AM to 4:00 PM at venues including Delhi High Court, district courts, and Permanent Lok Adalats. Cases include cheque dishonour, money recovery, motor accident claims, labor disputes, and utility bill issues. Seven court complexes will handle traffic challans, with a daily limit of 50,000 challans processed.
Mint··Delhi
BusinessPhoto: News18 BusinessJio Platforms' IPO anchor book attracted bids worth Rs 2.5 lakh crore, nearly 30 times its Rs 8,110 crore size, showing strong institutional interest. The anchor bidding opened on October 19, ahead of the public issue on October 21. Major global investors like BlackRock, Fidelity, and GIC participated, signaling high demand for Jio's telecom and digital services listing.
News18 Business·
NDTV Business·
Photo: NDTV BusinessNirmal Bang has upgraded its rating for Punjab National Bank (PNB), citing an attractive valuation at 0.73 times forward book value. The brokerage highlights an improving net interest margin (NIM) and healthy loan growth as key factors supporting PNB's return ratios. It expects PNB to sustain a 1% return on assets (ROA) by fiscal year 2027.
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