Yukta Baid
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GST Council Meeting On October 7: No Rate Changes Expected, Process Reforms In Focus
The Council is expected to review how the GST rate changes have been implemented over the past year, rather than undertake another broad-based round of rate cuts.
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Who Gets The Benefit Of Proposed Lower Insurance Commissions — Insurers Or Customers? Experts Weigh In
The issue is still at the consultation stage, but experts discussing the proposals highlighted a mismatch between what is currently paid out through distribution and what policyholders receive in terms of suitability, service and claims support.
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PVR INOX Still Gets Buy Call From Elara Despite Mumbai Theatre Tax Shock — Four Reasons Why
Karan Taurani, Executive Vice President at Elara Capital, estimates that even if PVR INOX absorbs the entire increase, the annualised EBITDA impact would be around Rs 7.4 crore, or about 0.8% of Elara's FY27 EBITDA estimate.
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PB Fintech Share Price Trades Volatile After 34% Rout In Previous Session — Do You Own?
The regulator had suggested a five-year glide path to cap company-level Expenses of Management (EoM), along with mandatory cost audits and public disclosure.
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'Renewables To The Rescue', Says HSBC; Coal Stocks Fall Below 8 Days Amid Rising Power Demand
HSBC said coal stocks at power plants had fallen to less than eight days of availability as of September 23, down from already low levels in August. Around 40% of thermal plants were operating with critically low stocks of less than 25% of required inventory.
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Brent Crude Slips To $106 After 7% Surge In Two Days; US, Iran Explore Phased Deal To Reopen Strait Of Hormuz
Brent crude fell toward $106 a barrel after rising more than 7% over the previous two sessions, while West Texas Intermediate was below $94.
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PB Fintech Faces Upto 45% Target Price Cuts As Brokerages Assess New Insurance Commission Rules — Check Ratings
The proposed reforms, which include tighter commission structures and caps, are expected to put pressure on insurance distribution economics. The proposals remain at the consultation stage and could change after stakeholder feedback.
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PB Fintech Concall: No Mass Layoffs, Lower Marketing Spend, Higher Volume Push, And More — Five Key Takeaways
Shares of PB Fintech, the parent of Policybazaar, plunged as much as 34% on Thursday, hitting a fresh 52-week low, as investors assessed the potential hit to distributor economics.
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Godfather Of AI Takes On Nvidia's Jensen Huang Playing Down Slowdown Call — 'He Has Trump's Ears'
Geoffrey Hinton questions Jensen Huang's zero-risk AI view and cites financial incentives, as rogue-agent incidents fuel calls for tighter AI oversight.
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Persistent Systems Gains Control Of Nagarro; HSBC Flags 90% Stake As Next Key Trigger
HSBC said crossing 90% ownership could open the possibility of pursuing a squeeze-out of remaining minority shareholders under German law.
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Not Brent Crude, Watch Diesel Prices Instead, Says Economist As Oil Prices Hover Around $100
William Lee says markets should focus less on Brent crude and more on diesel, gasoline, jet fuel and crack spreads to gauge the real energy shock.
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L&T Finance Share Prices Jumps After UBS Upgrades Stock To Buy — Do You Own?
For L&T Finance specifically, UBS expects faster personal-loan growth and return on assets (ROA) to improve towards around 3%.
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L&T Finance, Bajaj Finance Win Upgrades As UBS Sees Fresh Personal Loan Boom Ahead — Check Target Prices
UBS maintains Buy ratings on Poonawalla Fincorp, Cholamandalam Investment and Finance and Shriram Finance, while remaining Neutral on HDB Financial Services, SBI Cards and M&M Financial Services.
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Brent Crude Falls To $99: Oil Prices Set For Longest Losing Streak In A Year As Saudi Pipeline Restarts
Brent crude slipped toward $98 a barrel on Wednesday, extending its decline to a sixth straight session and taking losses over the six-day run to more than 9%. West Texas Intermediate futures fell below $90.
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Tata Trusts vs Tata Sons: Sharad Pawar Calls For Dialogue, Stresses Need To Protect Group's Trust-Based Legacy
In a statement published on X on Tuesday, Pawar said the Tata Group's ownership structure was deliberately designed around philanthropy, with Tata Trusts holding about 66% of Tata Sons.
