Yes Bank expects continuous improvement in NIM: Prashant Kumar
Yes Bank slippages, both for the quarter sequentially and also YoY, have come down almost 25%. This year, the slippage is in the range of 2.5%. Going forward, we would be able to control the slippages between 1% and 1.5%, not more than that. Because continuously, our SMA-2 number, which is 61-90 days, are improving. Key Points
Economic TimesIndia's Oldest Solar Observatory celebrates 125 years
The Observatory has a continuous daily record of the Sun, with more than 1.2 lakh digitised solar images and thousands of other images of the Sun recorded every day since the start of the 20th century. Key Points
ThePrintMarkets climb in early trade on continuous foreign fund inflow
Benchmark indices extended their winning run on May 9, in the morning, helped by continuous buying from foreign institutional investors and on signs that recession fears in the U.S. are easing. Key Points
The HinduMarkets rebound in early trade amid foreign fund inflows, rally in U.S. equities
Equity benchmark indices began the trade on a firm note on Monday amid continuous foreign fund inflows and rally in the U.S. equities. Key Points
The HinduAbhishek Agarwal sees Nifty trading in 17,000-18,500 range in FY24; PSU could be dark horse
Rockstud Capital Managing Partner Abhishek Agarwal predicts that Indian markets will remain range-bound between 17,000 and 18,500 due to factors such as inflation and foreign investors moving out of emerging markets. However, he believes that PSU banks will perform well due to NPAs falling on a quarterly basis and a higher share of the marginal cost of funds based lending rates. Key Points
Economic Times
Fully injectable continuous glucose monitor for diabetics soon
Researchers are designing injected sensor’s chemistry and developing watch-type reader device. Researchers at Texas A&M University in the US are working to create a fully injectable continuous glucose monitor (CGM) so small it rivals a grain of rice and can be used with an external optical reader to measure sugar levels at any given time. Key Points
The Tribune IndiaFully injectable continuous glucose monitor for diabetics soon
Researchers are designing injected sensor’s chemistry and developing watch-type reader device. Researchers at Texas A&M University in the US are working to create a fully injectable continuous glucose monitor (CGM) so small it rivals a grain of rice and can be used with an external optical reader to measure sugar levels at any given time. Key Points
The Tribune India'Situation critical': Manipur tense again as 8 killed, explosives recovered
At least eight persons were killed, while 18 others were injured in Manipur's Bishnupur and Churachandpur districts following continuous gunbattle between Kukis and Meiteis since August 29. Meanwhile, a complete shutdown was called in areas of Churachandpur on August 31. Key Points
India Today