Day: October 24, 2026

Swiss stocks outperform Europe as investors retreat from AI trade – Bloomberg

Johnson & Johnson reported results from an early-stage trial of their prostate cancer drug JNJ-6143. The trial involved patients with advanced prostate cancer who had undergone multiple treatments. Results showed 77% of patients experienced a significant drop in PSA levels after treatment. Additionally, 69% of patients demonstrated confirmed partial or complete tumor response through imaging….

Damage to Delhi’s Old Rao Tula Ram (RTR) flyover has triggered severe traffic congestion on NH-48, disrupting journeys between Mahipalpur, Dhaula Kuan, Vasant Vihar and the airport. The closure of a key carriageway has pushed motorists towards alternative routes, adding pressure to nearby roads and Delhi Cantonment. The Public Works Department has completed the repair…

Standalone profit rose 29 per cent as NII grew 16 per cent and provisions fell, though large FCNR(B) inflows pushed net interest margin down to 4.31 per cent

Kotak Mahindra Bank has announced an impressive 26% year-on-year increase in consolidated profit after tax for the second quarter, highlighting strong financial performance. Their standalone profit after tax surged by 29% compared to last year’s figures. Additionally, net interest income saw a rise of 16% year-on-year, hitting Rs 8,459 crore. Customer assets also grew significantly,…

Preferential treatment for influential individuals can compromise patient safety and equitable access to healthcare, AIIMS Delhi doctors said, suggesting institutional discussions on uniform policies to safeguard equity in patient care. Pressure from patients or hospital administrators to divert scarce hospital resources can also lead to avoidable complications, Dr M D Ray, Professor of Surgical Oncology…

The Supreme Court-appointed High Powered Enquiry Committee (HPEC), probing the alleged violence during the July Jantar Mantar protests, will hold a two-day sitting here on October 29 and 30 to hear affected persons and record evidence on the alleged use of pellet guns and harassment of female protesters, officials said on Saturday. The panel will…

The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at 22,600. The Bank Nifty fell 2.8%, while the Nifty Midcap 100 and Nifty Smallcap 100 plunged 5.6% and 7.3%, respectively, as selling pressure intensified beyond frontline stocks.

Kotak Mahindra Bank has announced an impressive 26% year-on-year increase in consolidated profit after tax for the second quarter, highlighting strong financial performance. Their standalone profit after tax surged by 29% compared to last year’s figures. Additionally, net interest income saw a rise of 16% year-on-year, hitting Rs 8,459 crore. Customer assets also grew significantly,…

The Bombay High Court has ruled that EPFO cannot reject eligible private sector employees’ EPS 95 higher-pension applications solely because their employer’s PF trust rules cap contributions. It directed EPFO to process and allow the petitioners’ joint options within eight weeks.