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Sebi tightens conflict safeguards with recusal framework
India’s markets regulator on Wednesday introduced a formal recusal framework requiring its senior officials to step aside from matters where they face personal, professional or financial conflicts. The framework also allows the public to flag potential conflicts and mandates annual disclosure of recusal data. Here are the key provisions of the stricter code of conduct,…
Advocates and NYC Landlords See Debt Service Differently
“He that goes a-borrowing, goes a-sorrowing.” That’s certainly how some advocates see debt on rent-stabilized buildings. Last week, I looked at the relationship between rents, net operating income and violation counts in rent-stabilized buildings. Buildings with a high number of violations have lower rents and lower NOI than older, rent-stabilized buildings in general, but they…
Mortgage Applications Ease During Holiday-Shortened Week
Mortgage application activity slipped modestly last week as both purchase and refinance demand eased during the holiday-shortened period. The Mortgage Bankers Association (MBA) reported a 2.2% decrease in total application volume on a seasonally adjusted basis for the week ending July 3, with results adjusted for the Fourth of July holiday. Purchase applications declined 1%…
Should You Buy ServiceNow Stock Before July 22?
Key Points ServiceNow continues to demonstrate strong growth despite worries about AI. It’s using AI to its advantage with its AI Control Tower product. ServiceNow stock trades at a significant discount to recent averages. 10 stocks we like better than ServiceNow › ServiceNow (NYSE: NOW) is a tech powerhouse that serves more than 8,800 clients…
More from Fed Waller: Now is not the time to use forward guidance.
More from Fed Waller: Now is not the time to use forward guidance. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Kalyan Jewellers posts strong Q1 growth on robust demand
Kalyan Jewellers reported an estimated 38% year-on-year growth in consolidated revenue for the first quarter of FY27, driven by strong demand in the domestic market and robust same-store sales despite the entire 28-day Adhik Maas period falling within the quarter. The India business grew by more than 38%, while same-store sales rose around 28%, underscoring…