latest business news rss feed https://www.josocho.com/rss/ https://www.josocho.com/news/food-prices-to-ease-post-june-as-above-normal-monsoon-predicted-in-india-4540922316 https://www.josocho.com/news/food-prices-to-ease-post-june-as-above-normal-monsoon-predicted-in-india-4540922316 The Indian government anticipates a decrease in food prices following forecasts of above-normal monsoon rains by the India Meteorological Department (IMD), as stated in the finance ministry's recent monthly economic review. The report highlights expectations of increased crop production due to favorable rainfall. Sat, 27 Apr 2024 14:47:15 +0530 https://www.josocho.com/news/madras-hc-orders-rbi-to-conduct-comprehensive-asset-valuations-for-dbs-and-lakshmi-vilas-bank-4540922315 https://www.josocho.com/news/madras-hc-orders-rbi-to-conduct-comprehensive-asset-valuations-for-dbs-and-lakshmi-vilas-bank-4540922315 Madras High Court has directed RBI to reevaluate DBS Bank India and LVB pre-amalgamation, influencing share value/write-off decisions within four months, in response to bondholders' suit, highlighting transparency and fairness for stakeholders. Sat, 27 Apr 2024 14:47:13 +0530 https://www.josocho.com/news/how-to-build-a-global-business-empire-in-the-21st-century-4540922282 https://www.josocho.com/news/how-to-build-a-global-business-empire-in-the-21st-century-4540922282 Disney, Ford, Microsoft and the age of the quasi-merger Sat, 27 Apr 2024 14:47:02 +0530 https://www.josocho.com/news/can-scientists-save-your-morning-cup-of-coffee-4540922281 https://www.josocho.com/news/can-scientists-save-your-morning-cup-of-coffee-4540922281 A warming planet threatens the world's favourite drug Sat, 27 Apr 2024 14:47:02 +0530 https://www.josocho.com/news/us-regulators-seize-republic-first-bancorp-fulton-bank-to-take-control-of-operations-amid-regional-4540922280 https://www.josocho.com/news/us-regulators-seize-republic-first-bancorp-fulton-bank-to-take-control-of-operations-amid-regional-4540922280 In a move to protect depositors, the Federal Deposit Insurance Corporation (FDIC) has appointed Fulton Bank, N.A. of Lancaster, Pennsylvania, to assume substantially all deposits and purchase most assets of the failed Republic First Bank, based in Philadelphia. Sat, 27 Apr 2024 14:47:02 +0530 https://www.josocho.com/news/tortured-poets-department-5-valuable-money-lessons-from-taylor-swift-s-new-album-4540922279 https://www.josocho.com/news/tortured-poets-department-5-valuable-money-lessons-from-taylor-swift-s-new-album-4540922279 Taylor Swift's new album Tortured Poets Department is a hit among fans. Smart investors can learn from her songs about heartbreak and resilience. Having a backup plan is crucial in the financial world, just like knowing when to move on from bad investments. Sat, 27 Apr 2024 14:47:02 +0530 https://www.josocho.com/news/how-to-stay-protected-from-pig-butchering-financial-scams-here-are-7-key-steps-4540922278 https://www.josocho.com/news/how-to-stay-protected-from-pig-butchering-financial-scams-here-are-7-key-steps-4540922278 Pig butchering, a form of smishing, is on the rise in India's cyber fraud landscape. Scammers build trust through social media, offering fake job roles and investments to drain victims' finances. Here's how to avoid them Sat, 27 Apr 2024 14:47:01 +0530 https://www.josocho.com/news/yes-bank-q4-results-live-updates-bank-s-net-profit-at-452-crore-vs-202-4-crore-yoy-4540922277 https://www.josocho.com/news/yes-bank-q4-results-live-updates-bank-s-net-profit-at-452-crore-vs-202-4-crore-yoy-4540922277 Yes Bank Results Live Updates: Prashant Kumar, Managing Director and CEO, YES BANK said, 'This quarter demonstrates a significant step in the RoA expansion journey, with Q4FY24 RoA expanding to 0.5%.' Sat, 27 Apr 2024 14:46:56 +0530 https://www.josocho.com/news/rbl-bank-q4-results-2024-net-profit-grows-30-yoy-deposits-up-22-declares-1-50-per-share-divide-4540922276 https://www.josocho.com/news/rbl-bank-q4-results-2024-net-profit-grows-30-yoy-deposits-up-22-declares-1-50-per-share-divide-4540922276 RBL Bank Q4 results 2024: The private lender has declared strong operating profit growth of 49% YoY and ?1.50 per share dividend for the eligible shareholders Sat, 27 Apr 2024 14:46:56 +0530 https://www.josocho.com/news/yes-bank-q4-results-net-profit-jumps-123-y-o-y-to-452-crore-nims-steady-at-2-4-asset-quality-i-4540922275 https://www.josocho.com/news/yes-bank-q4-results-net-profit-jumps-123-y-o-y-to-452-crore-nims-steady-at-2-4-asset-quality-i-4540922275 Yes Bank Q4 Results: The bank's asset quality metrics displayed sustained improvement. Gross non-performing assets (GNPA) stood at 1.7%, net non-performing assets (NNPA) at 0.6%, and PCR at 66.6%. All these ratios showed significant improvement compared to the previous quarter. Sat, 27 Apr 2024 14:46:55 +0530 https://www.josocho.com/news/cuba-s-cash-crunch-leads-to-long-lines-and-growing-frustration-4540922189 https://www.josocho.com/news/cuba-s-cash-crunch-leads-to-long-lines-and-growing-frustration-4540922189 Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM Sat, 27 Apr 2024 14:45:34 +0530 https://www.josocho.com/news/u-s-food-regulator-gathering-information-on-mdh-everest-spices-after-alleged-contamination-4540922188 https://www.josocho.com/news/u-s-food-regulator-gathering-information-on-mdh-everest-spices-after-alleged-contamination-4540922188 Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore ordered a recall of the Everest spice mix as well, saying it contains high levels of ethylene oxide. Sat, 27 Apr 2024 14:45:34 +0530 https://www.josocho.com/news/lending-service-providers-may-have-to-provide-digital-view-of-all-offers-rbi-4540922144 https://www.josocho.com/news/lending-service-providers-may-have-to-provide-digital-view-of-all-offers-rbi-4540922144 The Reserve Bank of India (RBI) is considering new rules for digital lending, aiming to enhance transparency. The proposed guidelines would require lending service providers (LSPs) to digitally share all available loan offers from willing lenders with borrowers. This move aims to empower borrowers by providing a clear view of their loan options, including details like lender names, loan amounts, interest rates, and key terms. The RBI also emphasizes the need for unbiased content, prohibiting LSPs from favoring any particular lender. Sat, 27 Apr 2024 09:23:00 +0530 https://www.josocho.com/news/commercial-paper-issuances-touch-a-4-year-high-of-rs-1-2-lakh-crore-4540922143 https://www.josocho.com/news/commercial-paper-issuances-touch-a-4-year-high-of-rs-1-2-lakh-crore-4540922143 CP issuances are still not as high as 2018 levels when they touched 3.1 lakh crore in July-September, as NBFCs look for other funding avenues like securitisation, where volumes peaked in FY24 at 1.9 lakh crore. CPs are short-term, unsecured debt instruments issued by corporates. Sat, 27 Apr 2024 09:23:00 +0530 https://www.josocho.com/news/public-sector-banks-may-get-legal-teeth-on-issuing-lookout-circulars-4540922142 https://www.josocho.com/news/public-sector-banks-may-get-legal-teeth-on-issuing-lookout-circulars-4540922142 This follows a decision by the Bombay High Court earlier this week that said public sector banks (PSBs) dont have the power to recommend, or ask, the central government for the issuance of LOCs against defaulting borrowers. Sat, 27 Apr 2024 09:22:59 +0530 https://www.josocho.com/news/bank-holiday-today-are-banks-open-this-saturday-april-27-4540922128 https://www.josocho.com/news/bank-holiday-today-are-banks-open-this-saturday-april-27-4540922128 Bank holiday on April 27: Essential banking services such as ATMs and Internet banking will continue to operate as normal. This closure aligns with the banks' usual operational schedule. Sat, 27 Apr 2024 09:22:49 +0530 https://www.josocho.com/news/aavas-financiers-q4-results-live-profit-rise-by-12-34-yoy-4540922127 https://www.josocho.com/news/aavas-financiers-q4-results-live-profit-rise-by-12-34-yoy-4540922127 Aavas Financiers Q4 Results Live : Revenue increased by 21.41% YoY profit increased by 12.34% YoY Sat, 27 Apr 2024 09:22:48 +0530 https://www.josocho.com/news/laurus-labs-q4-results-live-profit-falls-by-26-58-yoy-4540922126 https://www.josocho.com/news/laurus-labs-q4-results-live-profit-falls-by-26-58-yoy-4540922126 Laurus Labs Q4 Results Live : Revenue increased by 4.26% YoY profit decreased by 26.58% YoY Sat, 27 Apr 2024 09:22:48 +0530 https://www.josocho.com/news/enkei-wheels-india-q1-results-profit-at-8-87cr-revenue-increased-by-67-34-yoy-4540922125 https://www.josocho.com/news/enkei-wheels-india-q1-results-profit-at-8-87cr-revenue-increased-by-67-34-yoy-4540922125 Enkei Wheels India Q1 results : Revenue increased by 67.34% YoY profit at ?8.87Cr Sat, 27 Apr 2024 09:22:48 +0530 https://www.josocho.com/news/supreme-petrochemicals-q4-results-live-profit-falls-by-17-71-yoy-4540922124 https://www.josocho.com/news/supreme-petrochemicals-q4-results-live-profit-falls-by-17-71-yoy-4540922124 Supreme Petrochemicals Q4 Results Live : Revenue increased by 12.69% YoY profit decreasedby 17.71% YoY Sat, 27 Apr 2024 09:22:48 +0530