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London (CNN Business) Among the many silly, mind-numbing, agenda-pushing exchanges happening on Twitter at any given moment, the one playing out between the President of the United States and the world's second-richest person stands out for both its dullness and its deliberate oversimplification. If you've been away from Twitter lately, first of all: Good on you. Here's a quick recap of the dispute between Jeff Bezos and President Joe Biden. On Friday, Biden tweeted that the way to bring down inflation is to "make sure the wealthiest corporations pay their fair share." Bezos, founder of Amazon, an absurdly wealthy corporation, took issue with that. He fired off a reply, saying that linking corporate taxes to inflation is "just misdirection." The White House pushed back, then Bezos pushed back again . Read More In short, Bezos believes federal stimulus payments caused inflation. Biden says corporate greed is the culprit. … [Read more...] about Jeff Bezos and Joe Biden are having the stupidest fight ever

Personal loans are considered one of the best credit instruments for salaried individuals. They are specifically designed for people with a steady income who face immediate funds requirements for various reasons. You can avail yourself of an online personal loan at the best personal loan interest rates for medical emergencies, setting up a home gym, going on a vacation, and even covering wedding expenses. Going for personal loans online is a convenient option as it also gives you the chance to use a loan EMI calculator. This handy tool helps you calculate your precise EMI amount for the loan amount you seek. An online personal loan allows you to use the disbursed amount you see fit. Another advantage of a personal loan is that no collateral is required. To get the best personal interest rates with lenders like Bajaj Finserv, you must ideally have a high CIBIL Score of above 750. If you anticipate any extra expenditure soon, here are some tips that will help you get the lowest … [Read more...] about Smart insights to getting the best personal loan interest rate

Modern appliances and gadgets are costly items and you may struggle at times to pay for them upfront. With the Bajaj Finserv Insta EMI Card , you can shop for the latest products on No Cost EMIs and pay for them in easy monthly instalments without burdening your other financial obligations. Being able to buy all your favourite products without having to pay the entire price in one go is a blessing. But the Bajaj Finserv Insta EMI Card accords you many other benefits such as online and offline shopping, convenient repayment tenors and a high spending limit. Instant application approvals and nil foreclosure charges add to the convenience of having a Bajaj Finserv Insta EMI Card. You can apply for one right away and get access to over 1 million products at the best rates and discounts. Here are the 5 best features of the Bajaj Finserv Insta EMI Card : 1. Digital card with minimal documentation Getting a Bajaj Finserv Insta EMI Card involves a smooth and … [Read more...] about What are the 5 best features of the Bajaj Finserv Insta EMI Card?

While it is wise to plan your objectives around your financial capabilities, there may be situations where you may have to dip into your financial reserves. Ideally, this is something you want to avoid and this is when a loan from the right lender can help. Whether you need the funds to pay for higher education, travel, or home renovation, a personal loan can come in handy. But you first need to qualify for funds, and most lenders will require you to have a CIBIL score of at least 750. If you are unsure about your score and want to do a CIBIL score check , free services are available. Knowing this information is key, as lenders may not offer easy approval if you don’t have the required score. Fortunately, even with a low CIBIL score, you can get a personal loan. Here’s how. Borrow a smaller sanction Your CIBIL score dictates your creditworthiness and lenders are less likely to offer you a large sum without an adequate score. This is because the lender incurs a greater … [Read more...] about 4 ways to get a personal loan with a low CIBIL score

India’s largest life cover provider Life Insurance Corporation of India (LIC) made a lacklustre debut on the bourses on May 17, with declining nearly 9.4 percent after its initial public offering was subscribed nearly three times last week. The stock opened at Rs 867.20, against an issue price of Rs 949 on the BSE and touched a high and a low of Rs 886.80 and Rs 860.10, respectively. At 10.05am, the scrip was trading at Rs 883.40 on BSE, down 7 percent from its issue price of Rs 949 a share. India's benchmark Sensex rose 0.62% to 53224 points. Corrections in the equity markets globally seem to have hit the listing for the biggest public issue in the history of the Indian capital market. The situation was worsened by mounting inflationary pressure, stricter lockdowns imposed in China to combat Covid outbreak, and an unabated war on Ukraine by Russian forces. After the debut in the market, LIC has become the fifth most-valued Indian listed firm with a market capital of Rs 5.71 … [Read more...] about LIC share lists with 9.4% discount, stock debuts on BSE at Rs 867

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Prabhudas Lilladher's research report on Emami Emami 4Q results were broadly in line with flat domestic volumes and YoY margin dip of 30 bps to 62.4%. Near term outlook remains intact due to low base in 1Q and strong heat wave even as rural sentiments are likely to recover with a lag (mostly in 2HFY23). Growth outlook remains positive with 1) Strong traction in summer portfolio 2) Management guidance of double digit revenue growth in international business 3) expanding reach in MT & ecommerce platforms in both D2C and e-B2B segments 4) revamped male grooming range & fair & handsome and 5) increasing ad-spend to gain market share. We believe margins will come under pressure in 1H23 due to inflation in LLP, Rice bran oil and packaging despite 4.5% increase in product prices (ex … [Read more...] about Accumulate Emami; target of Rs 611: Prabhudas Lilladher

"India’s specialty chemicals industry is a decadal growth opportunity and it is still not too late to participate in the value creation process. We prefer CRAMS/CSM players Navin Fluorine (Navin) and PI Industries (PI) as they provide long-term earnings visibility. We also like UPL due to robust growth outlook and reducing debt concerns and SRF due to rising contribution from the chemicals business," JM Financial research report. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Motilal Oswal's research report on Emami Emami’s consolidated sales growth of 5.4% YoY (flat volume growth) was broadly in line with our expectation. However, higher-than-anticipated material costs and 10% absolute increase in ad-spends YoY (at a time when peers have been reducing the same to offset material cost-led pressures) resulted in an 18% miss on … [Read more...] about Buy Emami; target of Rs 510: Motilal Oswal

The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E.  Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Anand Rathi's research report on Kalpataru Power Prevailing challenges related to input costs and supply-chain disruptions hurt Kalpataru’s Q4 FY22 performance. Revenue fell 14% y/y and the EBITDA margin contracted 189bps y/y. On execution … [Read more...] about Buy Kalpataru Power; target of Rs 427: Anand Rathi

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Arihant Capital's research report on Indian Bank Indian Bank has posted profit of INR 984 cr (-42% YoY/+43% QoQ), led by 23% sequential decline in provisions and tax reversal of INR 161 cr. Despite 4% QoQ growth in advances, NII for the quarter decreased by 3% QoQ while it grew by 28% on YoY basis. Other income declined marginally by 0.5% YoY and grew by 1% QoQ to INR 1,573 cr. Core fee income growth of the bank was strong at 23% YoY/22% QoQ to INR 813 cr. Operating expenses growth was higher at 22% YoY/16% QoQ due to 39% YoY increase in employee expenses as the bank has provided for the entire pension liability provision of INR 465 cr. As a result, cost to income ratio of the bank increased from 44.8% to 53% on QoQ basis. Operating profit growth was lower at 15% YoY/-17% QoQ at INR 2,738 cr … [Read more...] about Buy Indian Bank; target of Rs 190: Arihant Capital

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Khambatta Securities' research report on Sharda Cropchem Sharda Cropchem Limited (SCL) recorded strong volume growth during FY22, which was further assisted by better product mix and price realisations, resulting in robust topline growth. Aided by healthy traction across the product range, the company’s business continues to be driven by identification of new product registration opportunities, expansion and strengthening of distribution reach, and cost management with an eye to improve margins. Management has guided 15%-20% sales growth going forward and an EBITDA margin of 20%-22% in FY23, which is expected to be maintained in the medium term. The SCL stock appreciated by 56% since our BUY rating in the 3Q FY22 update report dated 25 January 2022, and by 114% since we initiated coverage on … [Read more...] about Buy Sharda Cropchem; target of Rs 836: Khambatta Securities