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  • Jio’s Q3 results may have disappointed, but home broadband is thriving
    on 18-Jan-2025 at 4:29 am

    Reliance Jio’s Q3FY25 earnings missed expectations due to muted user additions, modest ARPU growth, and higher costs. However, Jio’s home broadband business showed strong growth, particularly with its 5G-based FWA services. Enterprise services also saw significant growth in government contracts.

  • Global shares rise with dollar, US bond yields turn higher
    on 18-Jan-2025 at 3:53 am

    Global equities rose, U.S. Treasury yields turned higher, and the dollar strengthened as positive economic data and strong earnings boosted investor confidence. Manufacturing output and single-family homebuilding increased. Wall Street’s major indexes saw substantial gains. The Fed’s data and optimistic housing and industrial production reports indicated potential slowed rate cuts. Oil and gold markets showed mixed responses.

  • US providing Moderna $590 mn to speed mRNA pandemic for bird flu which experts fear may start a pandemic
    on 18-Jan-2025 at 2:52 am

    The H5N1 virus is common in wild birds and other animals. While it has not conclusively been found to spread from person to person, the amount of bird flu circulating among animals and humans has alarmed scientists. Many experts fear that H5N1, coupled with seasonal flu, could mutate into a more contagious form and trigger a deadly pandemic.

  • Tech View: Nifty weakness persists, bulls await 23,400 break. How to trade on Monday
    on 17-Jan-2025 at 12:49 pm

    Nifty’s short-term trend remains weak within a range. A breakout above 23,400 is crucial to trigger fresh buying interest, while immediate support stands at 23,100, according to Nagaraj Shetti of HDFC Securities. Traders should watch for a decisive move to gauge market direction and plan strategies accordingly.

  • ICICI Lombard Q3 Results: PAT jumps 68% YoY to Rs 724 crore, total income grows 17%
    on 17-Jan-2025 at 12:29 pm

    ICICI Lombard Q3 Results: On a sequential basis, the net profit grew by 4.4% to Rs 694 crore in Q3FY25, while revenue rose 0.55% from Rs 5,004 crore in Q2FY25. Gross direct premium income (GDPI) stood at Rs 6,214 crore, a 0.3% decline compared to Rs 6,230 crore in Q3FY24, contrasting with the industry’s growth of 9.5% during the same period.


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