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GOVT NO PLAN TO HIKE MARGINS
Q1 earnings preview: Here’s what Nomura expects from Nestle, Titan, other consumer majors’ June quarter resultsNomura expects consumer staples to deliver a strong start to FY27, forecasting double-digit sales growth for several companies in the June ...
Apple's latest price hike hits India hardest as MacBooks, iPads get up to 70% costlierApple has significantly increased prices for MacBooks, iPads, and other devices in India, with hikes ranging from 14-70%. This sharp rise i...
ET Graphics: From budget to premium, gadget Prices RiseIndian consumers are facing a significant price hike on smartphones, laptops, and tablets, impacting both budget and premium devices. This ...
Smartphone brands brace for 9-10% festive sales drop as higher prices dampen demandSmartphone sales are projected to dip by 9-10% this festive season as rising handset prices dampen consumer demand. Brands are strategizing...
Congress calls new FCRA rules 'draconian', seeks rollbackThe Congress party has called on Prime Minister Narendra Modi to retract new Foreign Contribution (Regulation) Act rules. These regulations...
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's whyShares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US...
US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreatTech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airli...
Govt holds inter-ministerial meet to operationalise G RAM G Act convergence framework ahead of July 1 rolloutA crucial inter-ministerial meeting was held to finalize the convergence framework for the Viksit Bharat - Guarantee for Rozgar and Ajeevik...
US plans steep citizenship fee hike; Indians among hardest hitU.S. Citizenship and Immigration Services is proposing significant fee hikes for naturalization, potentially impacting thousands of Indian ...
Rupee cushioned by central bank hand even as dollar strength dents Asia FXThe Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening doll...
India's GIC Re plans to reduce share of overseas property risk as climate losses riseIndian reinsurer GIC Re is strategically shifting its overseas business focus. Amidst escalating climate-related losses globally, the compa...
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...
Modinomics is appeasement of US, capitulation to China: CongressThe Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies inv...
Global markets | Australian shares rise modestly as sticky core inflation keeps rate hike bets aliveAustralian shares edged higher on Wednesday, a cautious advance following inflation data. While headline inflation eased, core inflation ti...
Akasa Air plans to hike capacity by 30%Akasa Air is charting an ambitious course, targeting a significant 30% capacity expansion by fiscal year 2027. Despite global uncertainties...
Tata Motors CV bets on global expansion, EVs and digital businesses for next phase of growthTata Motors' commercial vehicle division is charting an ambitious growth path, prioritizing global expansion, electric vehicles, and digita...
Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
IPO-bound Advit Jewels plans 30 retail showrooms under Rambhajo brand in 3 yearsAdvit Jewels is set to expand its consumer reach by launching 30 new retail showrooms across India within the next three years. This expans...
War, oil and El Nino: Triple threat may cut India Inc's profit margins by 150 bpsIndia Inc faces challenges ahead. Geopolitical tensions in West Asia and El Nino conditions may hurt company profits. Operating profit marg...
Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen SahayIndia's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative deal...