Experts Financial News
12.11 / 19:25
markets
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Experts
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reports
Trump signals intent on deportations with adviser Miller & Homan at helm
campaign promise of widespread deportations of undocumented immigrants and tightening of measures that allow some of them to stay in the country legally. Stephen Miller, an immigration hardliner and adviser to Trump, is taking over policy planning for the transition and is expected to be named deputy chief of staff in his administration, people briefed on the matter said on Monday. And late on Sunday, Trump announced on social media that Thomas Homan, the acting director of the Immigration and Customs Enforcement agency during Trump's first term, would be his «border czar.»
12.11 / 19:07
markets
COST
UPS
Citi
Metro
Experts
PAM
FMCG growth slows as high rentals & lower wage hikes weigh on U=urban demand: Britannia
Britannia Industries executive vice-chairman and managing director Varun Berry said metropolitan cities dragged the overall fast-moving consumer goods (FMCG) market in the previous quarter amid surging housing costs and lower wage growth. Consumers in metro cities contribute about a third to the urban market for the FMCG sector, but they accounted for 2.4 times to the slowdown, said India's biggest biscuit maker by value.
12.11 / 19:07
markets
Digital
Platform
awards
Food
Experts
information
FSSAI steps up scrutiny on quick commerce companies over product shelf life
The order comes after a meeting the Food Safety and Standards Authority of India (FSSAI) had with representatives of online food delivery companies, in which they were told to ensure that products being delivered reach consumers with a minimum shelf life of 30% or 45 days before expiry, depending on the food item and format used in the labelling to inform about expiry date. Last month, the consumer affairs ministry had taken note of the matter after receiving several complaints through the national consumer helpline about quick commerce companies not following norms on disclosures such as displaying expiry dates of packaged food items, as mandated by the Legal Metrology Act. ET had reported this first on October 10.
12.11 / 19:07
markets
Digital
Progressive
Immunic
Experts
PAM
stage
IL&FS gets more time to wrap up 58 companies' resolution process
National Company Law Appellate Tribunal (NCLAT) on Tuesday granted more time to Infrastructure Leasing and Financial Services (IL&FS) for completing the resolution process of 58 entities. «With regard to 58 entities, the resolution process is at an advanced stage and considerable progress has been made. Just for the time being, we are of the view that direction needs to be issued to IL&FS and its new board to complete the resolution process of 58 entities by 31 March 2025,» the tribunal said. Last month, the appellate tribunal sought IL&FS's response to the argument that immunity granted to IL&FS from legal proceedings can't continue interminably.
12.11 / 19:07
markets
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Election
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reports
Emergency escape solution? Reports say that Prince Harry and Meghan Markle bought Portugal home to escape Trump's presidency
President-elect Donald Trump takes office, Prince Harry and Meghan Markle reportedly purchased a luxurious pad in Portugal. Approximately 81 miles south of Lisbon, the 722-acre CostaTerra Golf and Ocean Club is a luxurious development where the Duke and Duchess of Sussex are said to have lavished their money on one of 300 soon-to-be-built homes, as quoted in a report by The New York Post. Trump's intense distaste for the Sussexes has sent them into a tailspin and compelled them to reevaluate their options.
12.11 / 19:07
markets
Adventure
Marvell
film
Experts
Universities
audience
Deadpool & Wolverine: Is the Marvel movie available on Disney+?
After over 100 days of theatrical release, the film is available to stream, bringing the action-packed adventure to a new audience. The film’s release on Disney+ follows its successful run in theaters as the second-highest-grossing film of 2024.
12.11 / 18:15
markets
Citi
Strategy
Analysis
economy
Trade
Experts
China jitters, earnings drag Europe's STOXX 600 down 2% to three-month low
Europe's main index plunged 2% to a near three-month low on Tuesday, as concerns over the fate of U.S.-China relations cast a shadow over stocks with significant exposure to the world's No. 2 economy, while some downbeat earnings also weighed. The STOXX 600 also notched its steepest one-day decline since early August after Monday's 1% jump.
12.11 / 18:01
markets
COST
Extreme
Strategy
awards
Experts
EV charging facility now available at every fifth petrol pump, but only 20% are fast chargers
EV charging facility as oil companies quadrupled the number of pumps with chargers in two years despite installation and consumer demand challenges. EV charging facilities are available at about 17,900 pumps, with state-run oil companies accounting for 95% of these, according to the oil ministry data. Two years ago, only 4,100 pumps offered EV charging. Indian Oil Corp is the leader with EV facilities available at 10,057 pumps. Hindustan Petroleum operates 3,705 pumps with chargers and Bharat Petroleum 3,146.
12.11 / 18:01
markets
Strategy
Experts
information
reports
Investigations
Let's not now jump the CCI gun
Flipkart, Amazon, Swiggy and Zomato, and has reportedly found them to have violated competition law. Reactions to CCI's preliminary probe reports are premature. It's crucial to understand that CCI's investigation reports are only preliminary findings, based on an investigation conducted by DG. These reports are not CCI's final decision, nor binding on anyone. DG's investigation is one step in a lengthy quasi-judicial process that will culminate in a final decision by CCI. One needs to contextualise DG's investigation within CCI's overall decision-making process.
12.11 / 18:01
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Here's how Donald Trump may benefit from some of Joe Biden's pet projects
US President- elect Donald Trump is all set to inherit an US economy which is showing signs of severe growth while he will be resuming his office in the month of January. According to The Associated Press, in spite of the fact that Donald Trump eventually won the Presidency due to voter frustration over inflation and economic conditions, he is going to find a pretty low unemployment rate and easing inflation as well. The Associated Press reported that the administration of Joe Biden has already initiated numerous infrastructure projects which include a computer chip plant in the state of Arizona and an electric vehicle factory in the state of Georgia which might continue under the leadership of Donald Trump. On the other hand, Joe Biden have acknowledged the fact that the benefits of his economic policies would be eventually felt following the end of his term while he also stated that much of the positive impact will unfold over the next decade. Also Read: Wild theories: Did Kate Middleton have cancer? Conspiracists are suggesting that the Princess of Wales may not have had cancer at all
12.11 / 15:33
markets
UPS
Analysis
Trade
Experts
performer
PN Gadgil Jewellers Q2 Results: PAT soars 59% to Rs 35 crore, revenue up 46%
revenue in Q2 FY25 to Rs 2001.3 crore compared to Rs 1371.5 crore in Q2 FY24. The company posted a profit after tax (PAT) of Rs. 34.9 crore in Q2 FY25, a 59% increase over the same period last year. The quarter saw robust performance due to festive demand during Ganesh Utsav and the decrease in gold import duty in the Union budget. Additionally, during Maha Mangalsutra Mahotsav (the 20th year of Mangalsutra Mahotsav), PNG Jewellers’ annual flagship event, the average sales per day increased by 40%.
12.11 / 14:17
markets
Art
Strategy
Analysis
Trade
Experts
reports
Zydus Lifesciences Q2 Results: Net profit jumps 14% YoY to Rs 911 crore
Zydus Lifesciences reported a net profit jump of 14% to Rs 911 crore in Q2FY25 led by robust sales growth in India and US markets. The drug maker had reported a net profit of Rs 801 crore in the July-September quarter of last fiscal.
12.11 / 14:03
12.11 / 14:03
12.11 / 13:43
Platform
Fighting
security
Stealth
wellness
Experts
show
China displays new stealth fighter in race to match US
Subscribe to enjoy similar stories. China’s air force showcased a suite of new armaments this week, including a new stealth fighter and an attack drone, demonstrating its advancing ability to challenge the U.S. military presence in the Asia Pacific.
12.11 / 12:11
Aware
Research
Healthcare
Experts
hospital
symptoms
Relationships
8 myths about ADHD and how to handle it
Subscribe to enjoy similar stories. Attention-Deficit/Hyperactivity Disorder (ADHD) affects millions worldwide, yet myths surrounding it persist, hindering understanding and stigmatising those who live with the disorder. Contrary to popular belief, ADHD isn’t a behavioural problem but a neurological one and management requires a combination of therapy, medication, lifestyle changes and routines.
12.11 / 10:51
markets
Manufacturing
Analysis
Hyundai
Trade
Experts
reports
Hyundai India shares skid 3% after Q2 net profit dips 16%
The car manufacturer said that the decline in PAT was owed to weak market sentiments and geo-political factors. The company’s revenue from operations fell 7% YoY to Rs 17,260 crore during the quarter.
12.11 / 10:51
markets
Art
Analysis
Enterprise
Trade
Experts
Updates
Stock market update: Nifty Realty index 0.18%
Shares of Macrotech Developers Ltd.(up 4.51 per cent), Phoenix Mills Ltd.(up 2.1 per cent) and Brigade Enterprises Ltd.(up 1.87 per cent) ended the day as top gainers in the pack.
12.11 / 10:51
markets
Digital
Google
Sustainability
community
Experts
PAM
Guru Nanak Jayanti bank holiday 2024: Are banks open or closed on Friday, November 15? Check state-wise list
The Reserve Bank of India publishes regional and national holidays state wise on its website. Note that banks are closed on Sundays, second and fourth Saturday's of the month.
12.11 / 10:51
12.11 / 10:51
markets
Digital
Strategy
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Interviews
Sadhguru warns against ‘excessive green talk,’ says Trump’s ‘drill, baby drill’ shows people won’t abandon oil so easily
COP29), spiritual guide Sadhguru offered a critical perspective, arguing that urging nations to abandon fossil fuels without presenting viable alternatives could backfire. Highlighting the imbalance between the ongoing anti-fossil fuel rhetoric and the absence of feasible substitutions, Sadhguru referenced Donald Trump's infamous «drill, baby drill» slogan, which he sees as a backlash to excessive environmental discourse. “We are continuously talking about fossil fuels. It must happen. The shift is needed. But that’s not going to happen unless there are significant technological innovations. It’s not going to happen just because you wish. The world is not going to give up oil simply because you and I say it is not good. Substantive alternatives have to come. Where are those?” he told TOI in an interview. «Incessant discussions on fossil fuels are crucial, but mere intentions won’t suffice. Transformative technological advancements are essential,» he remarked during an interview with TOI, illustrating the lack of viable alternatives to oil and emphasizing resistance against sacrificing lifestyle standards for ecological goals.
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