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Original headline: Festive demand drives India diesel sales in October , data shows
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The UK seasonal jobs market remains subdued: as of 2 October, seasonal postings were 43% below their 2018 level, a steeper drop than the 32% fall across the wider market, while searches for Christmas work remain strong. Overall UK postings are down 11% since the start of 2026 and 32% below their February 2020 baseline. The most common seasonal titles are retail and sales roles such as seasonal associate and sales assistant, with logistics roles like warehouse associates and mail sorters also in the top ten. Graduate postings are down about 13% year on year and are at their lowest for this point of the year since 2020, while summer job postings had one of their weakest summers in four years. Together, these trends narrow entry routes into work for young people.
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- Festive demand to drive PNB retail loan growth to 17 - 18 %, MSME credit to grow 21 %: MD Ashok Chandra
- Festive demand to drive PNB retail loan growth to 17 - 18 %, MSME credit to grow 21 %: MD Ashok Chandra
Punjab National Bank (PNB) expects core retail loan growth of 17–18% and MSME lending growth of about 21% in the current quarter, with the festive season supporting credit demand. Agriculture priority-sector lending is expected to keep growing at about 18%. The bank sanctioned ₹2.5 lakh crore in corporate loans in the first two quarters of the year, versus ₹4 lakh crore in the entire previous year, while shifting to higher-yielding loans, which lifted domestic and global net interest margins (NIM) by more than 10 and 8 basis points. MD & CEO Ashok Chandra said a recent 25-basis-point repo rate hike could add about 7 basis points to NIM, and the bank's ALCO will review lending and deposit rates in the coming months.
- Festive demand to drive PNB retail loan growth to 17 - 18 %, MSME credit to grow 21 %: MD Ashok Chandra
PNB MD & CEO Ashok Chandra expects core retail loan growth of 17-18% and MSME lending growth of about 21% in the current quarter, supported by the festive season. Agriculture priority-sector lending grew 18% and is expected to keep its momentum. PNB sanctioned corporate loans worth Rs 2.5 lakh crore in the first two quarters of the current fiscal year, compared with Rs 4 lakh crore in the entire previous year, while corporate loan-book growth is kept at around 10-11%. Replacing lower-yielding advances with higher-yielding loans helped domestic NIM rise by more than 10 basis points and global NIM by 8 basis points in the quarter. Chandra said the recent 25-basis-point repo rate hike could add about 7 basis points to NIM, and the bank's ALCO will review lending and deposit rates in the coming months.
- Microsoft can justify higher valuation as AI demand drives Azure growth, UBS says
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