HSBC has adjusted its stance on HDFC Bank, increasing the price target from INR 1,750 to INR 1,850, while reiterating a Buy rating. The revision in the price target reflects revised EPS estimates and growth forecasts. HSBC expects HDFC Bank’s deposit growth to reach a CAGR of 17% and loan growth to reach a CAGR of 13% over the period from the fiscal year 2024 to 2027.
The Voorhees Town Center remains closed except for Boscov’s due to a fire in the food court area on Friday afternoon. The fire spread into the mall’s ceiling space, contaminating the building with soot. The mall is expected to remain closed until further notice. The township administrative offices, which are housed in the mall, are also closed on Monday. The mall, which opened in 1970 as the Echelon Mall, has struggled in recent years with the closure of anchor stores Sears, Macy’s, and JC Penney. It is currently owned by Namdar Realty Group.
The Congress party in Kerala is aiming to use the upcoming 2024 Lok Sabha elections as a springboard to the 2026 assembly elections. The party is urging voters to support them in all 20 parliamentary constituencies while also campaigning for the 2026 assembly elections. The Congress-led United Democratic Front (UDF) won 19 out of 20 seats in the 2019 parliamentary election and is aiming to repeat that success in 2024, with the hope of winning the 2026 assembly elections.
VAT exemptions in the UK are rife, leading to inconsistencies and potential inefficiencies. While the government plans to partially rectify this by imposing VAT on private school fees, more comprehensive reforms are necessary to address the overall regressivity of the tax system and promote economic efficiency.
Jose Mourinho has criticized Mikel Arteta’s defensive strategy used in Arsenal’s goalless draw against Manchester City, claiming it’s not a sustainable approach to success. Mourinho believes the tactics, which saw Arsenal defend with a low block and five or six central defenders, are solely focused on defensive stability rather than innovation.
The European Commission has launched an investigation into TikTok Lite, a smaller version of the popular TikTok app, due to concerns about its potential impact on users’ mental health, particularly minors. The commission has demanded a risk assessment from TikTok by Tuesday and has threatened to impose interim measures, including suspending the app’s rewards program, if the company fails to comply.
Warwick Davis has apologized for causing concern with a recent message posted shortly after announcing his wife’s passing. Davis expressed gratitude for fans’ support while clarifying his time away from social media. Family and friends paid tribute to Sammy Davis, a co-founder of Little People UK, whose passing left a profound loss within the community.
UFC 300 was a night for the ages, raising questions about the greatest events, knockouts, and future of the sport. Here are five pressing questions that emerged from the milestone evening:
A 2.3 magnitude earthquake occurred on Sunday night approximately 3.3 kilometers south-southeast of Walbridge, Ohio. The epicenter was located near Toledo Executive Airport, roughly 15 miles from the Michigan-Ohio border. While no significant damage was reported, residents in Lake Township and Monroe, Mich., reported feeling the earthquake.
The House of Representatives has approved a bill that could potentially ban or force the sale of TikTok in the United States. The bill, packaged with foreign aid packages to Ukraine, Israel, and Taiwan, has bipartisan support and is expected to be considered by the Senate this week. TikTok has stated its intention to challenge the bill in court if passed, arguing that it violates free speech rights.
