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After reaching pre-Covid levels, we will now focus on surpassing industry growth: SBI Cards Boss

After reaching pre-Covid levels, we will now focus on surpassing industry growth: SBI Cards Boss

Finance
Rama Mohan Rao Amara, MD & CEO, SBI Cards, discusses the growth of digital transactions over the year due to pandemic and the target strategies for credit-card penetration in India. Edited excerpts from an interview given to ET Now:ET Now: Given the kind of recovery we are seeing, can we say spends are inching towards pre-Covid levels? Rama Mohan Rao Amara: I think in Q1, due to lockdown and a very limited economic activity, we noticed that savings were more than the consumption but Q2 reversed the pattern and witnessed rise in consumption demand. The Q3 numbers suggest that we have come out of the economic downturn strongly. India Inc has returned to Pre-Covid levels in November 2020, while we at SBI Cards were able to achieve the same in October itself. If you look at the contributi...

Here’s why Powerball and Mega Millions jackpots aren’t reaching giant amounts anymore

Finance
A customer shows purchased tickets for the Powerball lottery at a lotto store in San Bernardino County, California, January 9, 2016.Gene Blevins | ReutersIf you're one of those people who only buys a lottery ticket when the jackpot climbs into the stratosphere, you could be waiting a while.The Mega Millions jackpot for Tuesday's drawing is $ 86 million, and Powerball's top prize is $ 91 million for its drawing on Wednesday. While those would be life-changing windfalls for most winners, the amounts pale in comparison to some claimed in the past — including two worth more than $ 1.5 billion, one each in 2016 and 2018.On the heels of pandemic-related stay-at-home orders and shutdowns earlier this year, officials for both games announced in early April that starting jackpots would no longer...
Wolves 2-1 Manchester United: Mike Dean makes history by reaching century of Premier League red cards

Wolves 2-1 Manchester United: Mike Dean makes history by reaching century of Premier League red cards

Sports
triple figures Ashley Young was dismissed by the iconic referee midway through the second-half Mike Dean has become the first referee in Premier League history to brandish 100 red cards. The iconic official dismissed Ashley Young midway through the second-half of Manchester United’s 2-1 defeat to Wolves at Molineux on Tuesday night. Young gets his marching orders The 50-year-old was given no choice following the defender’s rash challenge on Diogo Jota, which was deemed worthy of a second yellow card. Dean also hit double figures for this campaign after giving Young his marching orders. It was his tenth dismissal in just 24 matches, almost double his closest competitor Michael Oliver, who has shown six red cards this term. ...
Duke-UNC tickets reaching Super Bowl prices due to Zion Williamson

Duke-UNC tickets reaching Super Bowl prices due to Zion Williamson

Sports
Feb. 19 (UPI) -- The annual showdown between Duke and North Carolina takes place Wednesday night in the 9,314-seat Cameron Indoor Stadium, with tickets reaching Super Bowl prices. As of Tuesday night, the cheapest seat for the rivalry game costs $ 3,005 on StubHub. The lowest ticket on Vivid Seats is listed at $ 2,919. If fans want to upgrade to higher-quality seats, ticket prices bump up to the $ 4000-plus range. Tickets for the New England Patriots and Los Angeles Rams matchup in Super Bowl LIII, just to get in the door, were selling for about $ 2,300 during the week of the game, according to Business Insider. One ticket to this week's game sold for $ 10,652, according to Vivid Seats. The Rivalry. Legendary games that never disappoint. pic.twitter.com/sHzpnGcfjF— Duke Basketball (...
These really bad habits and traits will stop you from reaching your financial goals

These really bad habits and traits will stop you from reaching your financial goals

Finance
While people start out with good intentions and set their sights on meeting various financial goals, many never achieve them and instead fail miserably. Here are nine bad habits that will hinder investors from reaching their financial success. 1. Failing to plan. Lacking a financial plan means you have no focus and you can easily be swayed. A recent study by the University of Scranton revealed that 92 percent of people who do not achieve their goal fail as a result of lack of planning. People who do not plan for how to manage their money and who lack a budget are vulnerable to impulse buying, overspending and making other unw...