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BusinessThe Reserve Bank of India's first rate hike in three years may affect banks and NBFCs differently. NBFCs could face margin pressure due to higher funding costs, while banks with floating-rate assets and strong liquidity might benefit. Brokerages recommend stocks like HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, and Tata Capital as potential gainers.
ET Markets·
HealthA 60-year-old Indian farmer developed two separate infections: one on his foot caused by a cow's hoof injury, and another on his buttock from a thorn prick in the fields three years later. Experts suggest that adopting a One Health approach could improve India's ability to respond to mycetoma and similar infections by integrating human, animal, and environmental health strategies.
News-Medical·
HealthEating expired food can cause food poisoning, with symptoms such as nausea, vomiting, diarrhea, and fever. In severe cases, patients may require medical attention. A dietitian explains the health dangers associated with consuming expired food and advises caution to avoid these risks.
ETV Bharat·
EntertainmentBanijay Entertainment has appointed Laurens Drillich as the CEO of its Latin America division. Based in Miami, Drillich will report to Marco Bassetti, CEO of Banijay Entertainment. He will oversee operations across Mexico, Brazil, Colombia, and the US Hispanic market, uniting Banijay's regional businesses under one leadership.
Banijay··Miami
TechnologyDuring the Great Indian Festival sale on Amazon, the Apple iPhone 16 price will drop by Rs 17,901. This discount is part of major sales events including Flipkart's Big Billion Days and other offers on smartphones and laptops. The iPhone 17 and MacBook Neo will also see price reductions during these upcoming sales.
Moneycontrol.com·
PoliticsRahul Gandhi led a march with opposition MPs holding a sign that read 'Gyanesh It's Done Bro.' The protest included leaders like Priyanka Gandhi sitting under a tree and workers boarding buses after gate scuffles. Several opposition leaders, including Akhilesh Yadav and Abhishek Banerjee, were detained during the demonstrations near the Parliament and Akashvani campus.
BBC·
ET Markets·
The Reserve Bank of India's first rate hike in three years may affect banks and NBFCs differently. NBFCs could face margin pressure due to higher funding costs, while banks with floating-rate assets and strong liquidity might benefit. Brokerages recommend stocks like HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, and Tata Capital as potential gainers.
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