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Turmoil in the Democratic Progressive Azad Party as Ex-Legislators Eye ‘Ghar Wapsi’ to Congress Amid Sabotage Attempts.

Turmoil in the Democratic Progressive Azad Party as Ex-Legislators Eye 'Ghar Wapsi' to Congress Amid Sabotage Attempts. ||Black and White…

4 Min Read

JKUT

Police Bust Major Human Trafficking Ring in Baramulla, Rescuing Four Minor Girls.

Police Bust Major Human Trafficking Ring in Baramulla, Rescuing Four Minor Girls. ||Black and White Digital News|| ||Parvinder Singh July…

5 Min Read

JKUT

Government Declares ‘Constitution Murder Day’ to Honor Victims of 1975 Emergency.

Government Declares 'Constitution Murder Day' to Honor Victims of 1975 Emergency. Government of India has announced the annual observance of…

8 Min Read

Sports

Paolini Edges Vekic In Marathon Match To Reach First Wimbledon Final

Paolini Edges Vekic In Marathon Match To Reach First Wimbledon Final Seventh seed Jasmine Paolini became the first Italian…

2 Min Read

Sports

New Team India Head Coach Gautam Gambhir Clarifies His Stance On Player Selection

New Team India Head Coach Gautam Gambhir Clarifies His Stance On Player Selection There has been speculation about the pool…

4 Min Read

National

PM Modi Reaffirms India’s Commitment To BIMSTEC, Supports Thailand For Upcoming Summit

PM Modi Reaffirms India’s Commitment To BIMSTEC, Supports Thailand For Upcoming Summit The foreign ministers of BIMSTEC member states convened…

1 Min Read

JPMorgan Chase reported a 25%rise in second-quarter profit on Friday, buoyed by rising investment banking fees and an accounting gain of about $8 billion from a share exchange deal with Visa. Wall Street banks have benefited from a resurgence in capital-raising activity in debt and equity markets. They are also seeing an uptick in fee income from advising on M&A deals as companies become more confident in the U.S. economy’s ability to avoid a major downturn. “While market valuations and credit spreads seem to reflect a rather benign economic outlook, we continue to be vigilant about potential tail risks,” CEO Jamie Dimon said, adding that the risks included a changing geopolitical situation, which remains the most dangerous since World War II. Inflation and interest rates may stay higher than market expectations due to threats like large fiscal deficits and restructuring of trade, Dimon said. The largest U.S. bank’s profit was $18.15 billion, or $6.12 per share, for the three months ended June 30, compared with $14.47 billion, or $4.75 per share, a year earlier, it said on Friday. The bank’s shares dipped 0.6% in trading before the bell. They have gained 22% so far this year, but have underperformed rivals Bank of America, Citigroup C.N and Wells Fargo. JPMorgan benefited from a plan to exchange some of its shares in Visa, the world’s largest payment network. Investment banking fees grew 50%, compared with a low base, but was higher than an earlier company prediction of 25% to 30%. JPMorgan’s lending business also benefited from high rates, with net interest income (NII) – the difference between what it earns on loans and pays out on deposits – rising 4% to $22.9 billion. Lending has remained healthy even as banks compete for deposits and face pressure to shell out more to depositors to store their money.

National

JPMorgan Profit Jumps On Higher Investment Banking Fees, Accounting Gain

JPMorgan Profit Jumps On Higher Investment Banking Fees, Accounting Gain JPMorgan Chase reported a 25%rise in second-quarter profit on Friday,…

2 Min Read

National

Centre Declares June 25 As “Samvidhaan Hatya Diwas’

Centre Declares June 25 As “Samvidhaan Hatya Diwas’ The Union government announced on Friday that June 25 will be observed…

3 Min Read

Leh & Ladakh

𝐏𝐫𝐞𝐬𝐬 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝐋𝐞𝐡, 𝐉𝐮𝐥𝐲 𝟏𝟐, 𝟐𝟎𝟐𝟒: The Joint Director, Sheep Husbandry, UT Ladakh, Dr Iftikhar Hussain along with District Sheep Husbandry Officer,

𝐏𝐫𝐞𝐬𝐬 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝐋𝐞𝐡, 𝐉𝐮𝐥𝐲 𝟏𝟐, 𝟐𝟎𝟐𝟒: The Joint Director, Sheep Husbandry, UT Ladakh, Dr Iftikhar Hussain along with District Sheep…

1 Min Read

Leh & Ladakh

𝐏𝐫𝐞𝐬𝐬 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝐃𝐂 𝐋𝐞𝐡 𝐜𝐡𝐚𝐢𝐫𝐬 𝐦𝐞𝐞𝐭𝐢𝐧𝐠 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐆𝐋𝐎𝐅, 𝐟𝐥𝐨𝐨𝐝𝐬 𝐚𝐧𝐝 𝐨𝐭𝐡𝐞𝐫 𝐝𝐢𝐬𝐚𝐬𝐭𝐞𝐫𝐬

𝐏𝐫𝐞𝐬𝐬 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝐃𝐂 𝐋𝐞𝐡 𝐜𝐡𝐚𝐢𝐫𝐬 𝐦𝐞𝐞𝐭𝐢𝐧𝐠 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐆𝐋𝐎𝐅, 𝐟𝐥𝐨𝐨𝐝𝐬 𝐚𝐧𝐝 𝐨𝐭𝐡𝐞𝐫 𝐝𝐢𝐬𝐚𝐬𝐭𝐞𝐫𝐬 𝐋𝐞𝐡, 𝐉𝐮𝐥𝐲 𝟏𝟐, 𝟐𝟎𝟐𝟒: The Deputy Commissioner/Chairman, DDMA,…

2 Min Read

Press Release Advisor Ladakh Dr Pawan Kotwal chairs a meeting to review the preparedness of Sindhu Central University

Leh & Ladakh

Advisor Ladakh Dr Pawan Kotwal Chairs Meeting with team NITI Aayog

Advisor Ladakh Dr Pawan Kotwal Chairs Meeting with team NITI Aayog Leh, July 11, 2024: The Advisor to the Hon'ble…

3 Min Read

JKUT

Massive Search Operation Launched in Akhnoor/Kana Chak Area of Jammu.

BREAKING Massive Search Operation Launched in Akhnoor/Kana Chak Area of Jammu. ||Black and White Digital News || ||Parvinder Singh July…

3 Min Read

JKUT National

“Delhi High Court Judge Recuses Himself from Hearing NIA’s Death Penalty Plea Against Yasin Malik”

"Delhi High Court Judge Recuses Himself from Hearing NIA’s Death Penalty Plea Against Yasin Malik" ||Black and White Digital News||…

5 Min Read

JKUT

Massive Search Operation Launched in Akhnoor/Kana Chak Area of Jammu.

#BREAKING Massive Search Operation Launched in Akhnoor/Kana Chak Area of Jammu. ||Black and White Digital News || ||Parvinder Singh July…

3 Min Read

JKUT

Union MoS visits India International Kashmir Saffron Trade Centre, Pampore.

Union MoS visits India International Kashmir Saffron Trade Centre, Pampore. ||Black and White Digital News || ||Tejveer Singh July 12…

2 Min Read