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MUMBAI: Banks’ profit margins are likely to come under pressure in the second quarter as well due to rising deposit costs, although analysts will focus on loan growth trends amid weakness in the unsecured retail sector.Analysts said slippage could also increase as banks put more risk weight on unsecured loans.Brokerage India Infoline has said that banks’ net interest margin (NIM) has increased by 2-5 basis points compared to the first quarter of the fiscal year due to higher fixed deposit interest rates as banks are still re-pricing their deposits. We expect the points to decrease. IIFL said in its bank…
An Aurora condo sold for $425,000, topping the list of most expensive residential properties sold in Portage County over the past week.A total of 10 residential real estate sales were recorded in the county over the past week, with an average price of $245,940, or $156 per square foot.The listed prices below are for real estate sales where title was recorded during the week of September 30th, even though the property may have been sold previously.731 West Main Street, Kent8. $122,000 condo at 731 W. Main St.The property at 731 W. Main Street in Kent has a new owner. The…
According to an exclusive report by Voice of America, Hezbollah is facing serious financial difficulties as a result of Israeli military action targeting its funding sources.The findings on Lebanese terrorist organizations’ financial struggles, along with a purported U.S. Treasury report, came after conversations between the U.S. and Lebanon-based researchers, a VOA report on Friday said. .The findings reportedly revealed that Hezbollah’s main source of income is from the Lebanese banking institution Al-Qaad Al-Hasan (AQAH). According to the Meir Amit Intelligence and Terrorism Intelligence Center, AQAH “has grown into a major agency with branches in Hezbollah’s southern Beirut stronghold of…
Renowned investor and author Robert Kiyosaki expressed concern about a possible stock market crash and emphasized the importance of investing in gold, silver, and Bitcoin BTC/USD. What happened: On Saturday, Kiyosaki shared his thoughts on the current state of the market with X. He noted that gold prices have reached record highs, indicating that investors are becoming more pessimistic and moving investments into defensive assets. “Therefore, rising gold prices are not necessarily a good sign,” he said in the post. The price of gold has reached an all-time high. Since 2000, people who have invested in gold have done very…
Jacqueline Moore Bonfeuilla Rob Rich/SocietyAllure.comDavid GermainRob Rich/SocietyAllure.comDJ FUNKFLEXRob Rich/SocietyAllure.comJayna Duncan, Alexis Burke, Amaryllis Green Rob Rich/SocietyAllure.comJaina DuncanRob Rich/SocietyAllure.comKash BoyntonRob Rich/SocietyAllure.comKennedy and Cyriac Štir Rob Rich/SocietyAllure.comLakota Fleming, Jazel Perez, Kevin Fleming, Kelly Kinsey, Richard Holland, Sonya AllenRob Rich/SocietyAllure.comLaTrisha Gaither, Tisha Jackson, Urijah Robinson, Guest Rob Rich/SocietyAllure.comLindsay Smith, Ishanti GumsRob Rich/SocietyAllure.comMaggie and Hubert Delaney Rob Rich/SocietyAllure.comMallory HerreraRob Rich/SocietyAllure.comMarcia Coleman Jr., Joy Frazier, Audrey Jackson, Michael Pittman Rob Rich/SocietyAllure.comNyla vs. Rob Rich/SocietyAllure.comPeyton Hutchinson Rob Rich/SocietyAllure.comSophia Grace, Tracy Ann Rob Rich/SocietyAllure.comWarin St. Louis Rob Rich/SocietyAllure.com The second annual FATA Fund Inc. fundraising event was held at Agawam Park in Southampton in collaboration with theSIPnyc.…
This is just one of the stories in our “You’ve Always Asked” series, where we answer all your questions about the business world, big and small. Have you ever wondered if it’s worth recycling? Or what’s the difference between store brand and name brand? Click here for details on the series. asks Amy Lytle, a listener from Greensboro, North Carolina. We received a $100 deposit as a wedding gift. I have no idea how to “redeem” it. I basically put it in a safe deposit box and forgot about it. Next month we will celebrate our 25th wedding anniversary. Can…
The sharply divided McHenry County Council debated its property tax levy and budget at Thursday’s Committee of the Whole meeting before voting on a 30-day review.County officials said the county’s share of the property tax levy would decrease no matter which scenario the board chooses.The county’s rate of property tax levy has generally declined over the past decade, according to county records. It is expected to be reduced by about $9 million if the board approves the proposed levy of nearly $65 million. The reduction is primarily due to the elimination of the county mental health board’s share of the…
Officials appear confident that Florida’s insurance companies can withstand a crush of claims, but the outlook for next year’s premiums looks cloudy, according to at least one rating agency. , sounded the alarm about the “precarious” position of Florida’s insurance market.The one-two punch of Hurricanes Helen and Milton caused widespread damage and killed hundreds of people, but early assessments suggest it will not be a disaster for the state’s insurance industry. It’s called deaf.But homeowners won’t know how or if these storms will affect their home rates until next year.Property and casualty insurance industry representatives say losses from both storms…
Few artists are as associated with finality as The Cure’s Robert Smith. For 45 years, his eerie music has made the suffering of being a mortal human a little more bearable, even if we can no longer take cold comfort in the idea of an afterlife. On the eve of the release of The Cure’s first album in 16 years, Songs of a Lost World, Smith told The Times of London that his end was coming. And while Smith no longer believes this time is forever, he says it will come sooner than we think. “I don’t feel my age…
We recently compiled a list of the 8 most profitable penny stocks to invest in. In this article, we’ll take a look at how Safe Bulkers Inc. (NYSE:SB) stands compared to other profitable penny stocks.Potential of small cap stocksMisallocation of capital to less productive sectors can create inflationary pressures and impede economic growth. Many experts are now suggesting that investors should be cautious and focus on small- and medium-sized stocks (SMid caps) that have the potential to grow in a low interest rate environment. The overall strategy includes updating price targets for interest rate-sensitive companies, with a soft landing scenario…