HIGH DEMAND AREAS
FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter Fast-moving consumer goods cos expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by a revival in rural demand and a stable urban market. Listed FMCG companies such as Dabur, Marico...
07 Jul, 2024, 06.22 PM ISTFMCG makers expect single-digit revenue growth, margin improvements in April-June quarter FMCG companies like Dabur, Marico, and Adani Wilmar expect single-digit volume growth and margin expansion in the April-June quarter. Positive demand trends are observed, particularly in the rural market. Overall, FMCG players anticipate 7-9% revenu...
07 Jul, 2024, 12.25 PM ISTMarriott ties up with Whiteland corporation for first branded residences project The Gurugram property, with an investment of more than Rs 5,600 crore, will be developed in phases with local developer Whiteland Corporation and will encompass an area of 6 million square feet, Trinh Quynh Phuong, vice president of mixed-use develo...
05 Jul, 2024, 07.14 PM IST- ADVERTISEMENT
Gokaldas Exports MD on PLI scheme, export growth and organic growth expected in ‘24 Gokaldas Exports focuses on women's fashion, outerwear, and sportswear. They will continue to focus on those segments and are seeing growth across all of these product categories.A 15% growth should be possible organically, that is how the company m...
04 Jul, 2024, 01.56 PM ISTTesla shares rally over 10% as quarterly deliveries beat estimates Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric-vehicle maker's price cuts and incentives helped stimulate demand.
02 Jul, 2024, 08.28 PM ISTHaryana government’s policy on fourth floor to keep the realty price in check The Haryana government's decision to allow construction of stilt plus four floors in residential sectors is set to boost housing demand in Gurgaon and curb soaring prices, experts say. The move, following a ban on fourth-floor construction last year...
02 Jul, 2024, 06.29 PM ISTLook for stocks with less downward volatility and stable earnings prospects: Anand Tandon A good content pipeline increases the likelihood of hits, and with people coming to the cinema, local F&B sales will also rise. From a tactical perspective, PVR's business outlook should improve significantly over the next 12 months. However, each m...
02 Jul, 2024, 08.00 AM ISTIndia gold buyers postpone their purchasing plans, keenly waiting to see if Modi government cuts import duty in Union Budget BUDGET NEWS: Indian gold demand remains subdued due to high prices, with expectations of an import duty cut in the upcoming budget. Meanwhile, Chinese demand also declined. Domestic gold prices hovered near Rs 71,600 per 10 grams, down from a peak o...
28 Jun, 2024, 04.22 PM ISTNifty 50 could scale new peak this week, believes Rajesh Palviya There was uncertainty when the counting was happening. So, most of the bags moved to the defensive sector and in the defensive sector FMCG, pharma, these two pockets were majorly focused by the market participants.
08 Jun, 2024, 05.08 PM ISTHyderabad housing market seeing significant trend towards luxury homes: NAREDCO President The Hyderabad property market is witnessing a surge in demand for luxurious homes with spacious layouts and modern amenities. G Hari Babu, National President of National Real Estate Development Council, discussed rising property prices and evolving ...
30 May, 2024, 01.05 PM ISTPeak power demand at record high of 246.1 GW on Wednesday India's peak power demand reached a record 246.1 GW, surpassing the previous record set in September. The heatwave conditions in the northwest and central parts of the country have led to a sharp surge in demand for electricity. The government expec...
30 May, 2024, 01.25 AM ISTAmid heatwave, Delhi's power demand touches an all-time high of 8,000MW Delhi recorded its highest peak power demand of 8000 MW during a heatwave, breaking previous records. The State Load Dispatch Centre (SLDC) and India Meteorological Department issued alerts. BSES discoms successfully met the demand. Tata Power met 2...
23 May, 2024, 03.03 AM ISTIntense summer heat in Delhi pushes power demand to all-time high of 7717 MW A court in India is set to decide on May 31 whether to accept a supplementary charge sheet filed by the Enforcement Directorate against Bharat Rashtra Samithi leader K Kavitha in an excise policy-linked money laundering case. The court has reserved ...
21 May, 2024, 04.26 PM ISTDomestic copper at lifetime highs; factors affecting the price surge Record copper prices are driven by Chinese stimulus, mine supply concerns as well as green demand. MCX and LME futures surge. The Chinese 1 trillion yuan stimulus has boosted industrial metals demand for electric vehicles, renewable energy, and powe...
19 May, 2024, 01.44 PM ISTChina expected to announce new measures to fix property crisis, spur growth China's housing prices dropped in the first four months of the year, while factory output increased by almost 7%. This has lead to officials planning new measures to boost the struggling property industry. The National Bureau of Statistics noted ins...
17 May, 2024, 12.01 PM ISTPvt sector capex likely to expand amid expectations of high growth: Experts CII's business confidence index touched a 12-quarter high in Q4FY24, with 51% of firms expecting capacity utilisation of 75% and above. Moreover, 71% expect an improvement in private capex in the first half of FY25 compared with the second half of F...
12 May, 2024, 11.24 PM ISTChina’s factory glut alarms the world but there’s no quick fix Complaints about China's factory overcapacity are growing, but Beijing is hesitant to make changes that could harm its fragile economy. The EU criticized China for overproduction, urging action in the short term. China announced plans to slow expans...
09 May, 2024, 09.47 AM ISTTime to look at long-term stories rather than momentum picks now: Seshadri Sen Seshadri Sen analyzes market dynamics post-exit poll, emphasizing short-term corrections and long-term investment strategies in manufacturing, consumer discretionary, cement, and aviation sectors. He advocates strategic stock selection and patient i...
08 May, 2024, 09.25 AM ISTTop IT firms saw wage bills rise 5.5% even as revenue growth dips IT companies' cumulative wage cost rose by Rs 18,036 crore in the fiscal year. Experts said this was due to continuity in lateral hiring in high-demand areas such as AI, machine learning, and cloud and engineering services, coupled with the salary i...
22 Apr, 2024, 06.01 AM ISTHigh demand, dip in production push millet prices up 17% High demand, social media trends, and production decline increase millet prices. Raginflation at 16.6% in March. Jowar inflation at 10%. Millets gaining popularity in healthy snacks, sweets. Government initiatives and rising demand may affect output...
21 Apr, 2024, 11.39 PM IST