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Новости за 06.05.2024

Business loans boom, personal loans slows down: March banking trends after HDFC merger

BigNewsNetwork.com 

New Delhi [India], May 6 (ANI): In March 2024, the Indian banking sector witnessed a notable increase in gross bank credit, primarily driven by lending to businesses, while personal loans experienced a slight slowdown compared to the previous year. According to CareEdge Ratings, gross bank credit offtake showed a year-on-year increase of 20.2 per cent in March 2024, attributed largely to the merger between HDFC Bank and H

MUST WATCH: Dr Kabambe receives overwhelming response for Business Talk Presentation

Malawi Voice.com 

Former Reserve Bank of Malawi Governor Dr. Dalitso Kabambe, has received an overwhelming response for his presentation at the recent Business Talk in Lilongwe. The presentation, which was widely acclaimed for its insightful analysis and visionary ideas, has generated immense interest among professionals, entrepreneurs, and policymakers. The overwhelming requests for the presentation have demonstrated the […]

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Dollar Recovers Much of Its Losses After Weak U.S. Jobs Data

The Wall Street Journal 

UniCredit said the dollar’s recovery following Friday’s post-data losses was helped by the fact the prices paid component of the ISM survey jumped to nearly 60, suggesting that inflation pressures remain.

Potholes may become a thing of the past, as highway authority is testing this magical tech

Economictimes.indiatimes.com 

Potholes persist as a major concern for Indian road users, despite technological advancements. The NHAI is exploring self-healing materials for roads, aiming to autonomously repair gaps using a blend of steel fibers and bitumen. This innovative asphalt technology involves heating the bitumen to bind with road materials, preventing pothole formation.

Struggling French tech group Atos weighs financial lifelines

NAIJ.COM (Nigeria News) 

Struggling French tech group Atos, an Olympics partner and key French defence contractor, said Monday it would make a decision on financial restructuring offers by May 31. Atos said in a statement on Monday that its board had received four financial restructuring offers on Sunday.

Have some cash on sidelines; Kotak a good buy on dips; Titan too overvalued: Sandip Sabharwal

Economictimes.indiatimes.com 

Sandip Sabharwal advises caution in the market due to uncertain valuations and growth trajectory. He highlights investment opportunities in auto companies, consumer goods, and infra firms amidst global economic shifts and upcoming elections. Sabharwal says: "Post results, Dabur looked like a decent proposition because it has underperformed for so many years and that is one consumer company which is saying that they are releasing growth uptake."