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1 903
RBI rate hike could boost large banks’ net interest margins by up to 10 bps: Report
The Monetary Policy Committee (MPC) unanimously raised the repo rate by 25 basis points to 5.5 per cent and shifted its policy stance from ‘neutral’ to ‘calibrated tightening.’
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Daily Voice: Market nearing a bottom as valuations turn attractive; Q2 earnings growth to beat Q1, says Shriram AMC fund manager
- Market now closer to a bottom, with valuations appearing more than reasonable
- Expect YoY earnings growth in Q2FY27 to be stronger than in Q1, excluding OMCs
- Many Indian private banks offer reasonable entry opportunities
1 903
FM Sitharaman meets top executives of global investment funds, banks; discusses investment opportunities in India
- Sitharaman meets global fund executives in Singapore.
- Discussions focus on boosting investments in infrastructure.
- Talks cover healthcare, financial services, and green energy.
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Daily Voice: Alpha Capital’s Mukesh Jindal sees 7%+ growth within reach if oil prices cool
- Believe bank stocks are close to fair valuations, but not cheap across the board
- September quarter can look better than the year
- Market at record new high by March is the good case, but not the plan
1 903
Anthropic AI model sent fake murder tip to Philadelphia police, went undetected for months
- Anthropic AI submitted a fake tip on an unsolved murder.
- The false tip was flagged as spam by Philadelphia police.
- Anthropic suspended the automated testing after the incident.
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GCC CSR spending grows 6.4x in a decade to Rs 3,661 crore, yet innovation gets just 4%, says Sattva
