Wed, Jan 22, 2025 12:09 PM
Finolex Industries Q3 PAT may dip 8.8% YoY to Rs. 87 cr: PL Capital
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Bitcoin hit a new ATH this week, crossing $108K and sparking conversations about its next move in a volatile market. Roundtable anchor, Rob Nelson, discussed the milestone with David Duong, Head of Research at Coinbase, and David Gokhshtein, Founder of Gokhshtein Media. Panel explored bitcoin's fluctuating price and its potential trajectory amidst evolving market conditions and political changes.
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According to a Moneycontrol Market Poll, 45 respondents believe the government's top priorities in the upcoming Union Budget should be fiscal consolidation to achieve a 4.5% target in FY26, followed by maintaining public spending with 10%+ capex growth, whereas few expect new reform-oriented ideas or consumption-boosting measures.
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Larsen and Toubro Finance's 3QFY25 PAT declined 2% YoY to INR6.3b, with a 6% beat on estimates. Retail loans grew 23% YoY, led by tractors, home loans, and personal loans. The company has guided for macro-prudential provision utilization of INR3b-3.5b in 4QFY25 and expects stable MFI industry growth at 15%-20%.
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