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Investors sold out of Yes Bank Ltd on Tuesday after rising bad loans triggered its first quarterly loss and brokerage Macquarie Research set a rare double-downgrade on the company’s stock. The private-sector lender’s shares plunged up to 30 percent, its biggest intraday percentage loss in over 7 months, dragging down the broader NSE Index in the market’s first response to its results reported late Friday. Markets were closed on Monday.",The Financial Services Institutions Bureau (FSIB), the body which selects the Chairman and MDs of public sector banks and insurance companies, has recommended the name of Challa Sreenivasulu Setty as the next Chairman of State Bank of India (SBI), India’s largest bank.",With China’s biggest freshwater lake reduced to just 25% of its usual size by a severe drought, work crews are digging trenches to keep water flowing to one of the country’s key rice-growing regions. The dramatic decline of Poyang Lake in the landlocked southeastern province of Jiangxi had otherwise cut off irrigation channels to nearby farmlands. The crews, using excavators to dig trenches, only work after dark because of the extreme daytime heat, the official Xinhua News Agency reported.",All Chinese nationals on the board of digital payments firm Paytm have been replaced by US and Indian citizens, while there is no change in the existing shareholding, according to a regulatory filing of the company.",So far the RBI has raised the repo rate twice – by 40 basis points (bps) in an off-cycle meeting in May and 50 bps in June. and market experts widely anticipate that RBI might hike its benchmark lending rate for the third consecutive time.",Sapphire Foods, an omnichannel restaurant operator and the largest franchisee of Yum Brands in the Indian sub-continent is backed by marquee investors such as Samara Capital, Goldman Sachs, CX Partners and Edelweiss.",President Droupadi Murmu presented the awards to Vyjayanthimala, 90, and Chiranjeevi, 68, at a ceremony held at the Rashtrapati Bhawan here.",a famous name in the Asian betting world, is a gathering place for bettors and punters.⚡,The Acer Nitro 5 featuring NVIDIA GeForce RTX 3060 can be purchased starting from Rs 94,990, while the variant that comes with NVIDIA GeForce GTX 1650 is available from Rs 71,990 on Acer Exclusive stores and Acer online store and on Flipkart.",In the Asian betting world, is known as a leading bookmaker, attracting players with its professionalism and diversity.⚡,Apple acquired Shazam back in 2018 for 0 million. Shazam is an app that would let users identify songs that were being played around with a single tap. Now, the company has integrated Shazam’s functionalities into its iPhone, allowing users to recognise songs that are playing with a single tap.",The police and healthcare personnel deployed at the arena rushed the victims to a nearby hospital, where they were declared dead on arrival by the doctors.".
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