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Jim Rogers has said. Rogers, who co-founded the famed Quantum fund with billionaire George Soros in the 1970s, told MarketWatch in a recent interview that history would suggest that a recession is imminent. He believes “America’s never gone this long without a recession in its history,” and it’s “overdue” for more economic problems. “I do know there’s going to be a recession again, and I do know it’s going to be extremely bad.” If the economy turns sour, Rogers believes gold and silver will do well, along with commodities in general. Amid this prediction, Jim Rogers also has an investing advice.

ET Intelligence Group: Consumer companies — HUL, ITC, Tata Consumer Products, Nestle India, Colgate Palmolive, Godrej Consumer Products and Varun Beverages — have announced their September quarter performance. Those such as Dabur and Marico have shared an update on their quarter performance. Others such as Zomato and Pidilite having large B2C business have also announced their latest quarter results. SUBDUED CONSUMER DEMAND DID NOT IMPACT ALL While the topline performance of companies such as Dabur, HUL and ITC was impacted by the moderation of consumer demand – especially in urban India, it was not so in case of others like Varun Beverages, Godrej Consumer Products (India business), Colgate Palmolive (India), Pidilite and Zomato.

Before the coronavirus pandemic, Lorraine Black and Ricky Gillis started filing paperwork to get their rural home in Navajo Nation connected to the electric grid

Bill Clinton praised the appearance of Arizona Republican Senate candidate Kari Lake and called Vice President Kamala Harris extremely vulnerable, as quoted in a report by the New York Post. Clinton, 78, made the strange comment while discussing the race between Lake and Rep. Ruben Gallego (D-Ariz.), drawing comparisons to Harris' run against former President Donald Trump. Clinton characterized the dynamic between Gallego and Lake as reflective of Kamala Harris's presidential campaign, emphasizing Gallego's resilience in overcoming childhood adversity while contrasting it with Lake's emphasis on superficiality in politics.

Former US President Donald Trump has taken a pretty narrow lead over US Vice President Kamala Harris revealed a very recent HarrisX and Forbes poll while Donald Trump is at 51% and Kamala Harris stands at 49%. According to The Hill, this latest poll result marks a significant shift from the poll survey which happened back in September where Kamala Harris was leading by 4 points previously. HarrisX and Forbes Poll mark a significant number of undecided voters while it was noted that there are 12% of likely voters and 18% of registered voters who are still confused regarding their options. The Hill reported that both the Presidential candidates are intensifying their campaigning efforts to sway these undecided voters and the US Presidential race of this year is expected to be one of the closest in history. Also Read: Elon Musk has repeatedly spoken to Putin in the last 2 years; this is what they talked about

Odisha from Thursday at around 11pm to Friday early morning, the India Meteorological Department (IMD) said. «The severe cyclonic storm “DANA” over northwest Bay of Bengal moved north north westwards with a speed of 15 kmph during past 6 hours (till the time of reporting) and lay centred at around 70 km southeast of Paradip (Odisha), 90 km south-southeast of Dhamara (Odisha) and 190 km south of Sagar Island (West Bengal). It is very likely to move north-northwestwards and cross north Odisha and West Bengal coasts between Puri and Sagar Island close to Bhitarkanika and Dhamara (Odisha) during mid-night of Thursday to morning of Friday as a severe Cyclonic Storm with a wind speed of 100-110 kmph gusting 120 kmph, IMD said. Heavy to very heavy rainfall with extremely heavy rains at one or two places is likely to occur over East Midnapore, West Midnapore, South 24 Parganas districts, Kolkata, Howrah, Hooghly, North 24 Parganas and Jhargram districts, IMD said.

Walmart has agreed to pay $7.5 million to settle a lawsuit filed by California officials that alleged the retail giant illegally dumped hazardous waste

Subscribe to enjoy similar stories. Reliance Jio aims to export its high-speed fixed wireless access (FWA) internet as a managed service rather than entering overseas markets directly as a telecom services provider, senior company officials said. Having already deployed nearly 1 million 5G sites across the country since October 2022, the Mukesh Ambani-owned telecom operator views FWA as the biggest use case for 5G not only in India but also in other global markets.

Subscribe to enjoy similar stories. Who is or was Satoshi Nakamoto, the creator of Bitcoin? A recent HBO documentary names Peter Todd [who denied it], with the possible assistance of Adam Back. Suffice to say the truth here remains an open question, but it is worth asking: Why does anyone care? There is in fact a great deal at stake, certainly at the intellectual level and probably financially and politically as well.

Indo-Tibetan Border Police (ITBP) team that came to his aid after he was rescued from the remote Ralam village in Uttarkhand’s Pithoragarh district following an emergency helicopter landing due to inclement weather and left stranded at over 12,000 feet. Ralam is a high Himalayan village and is typically deserted during winter. Despite this, three villagers — Ishwar Singh Nabiyal, Surendra Kumar, and Bhupendra Singh Dhakriyal — trekked over 38km through rugged terrain to reach Kumar, who was stuck without food or proper shelter. He was with two other poll officials and the pilot of the chopper. The villagers provided warm noodles and other essential supplies to the officials. They arrived at the village around 1:00 am after battling extreme conditions.

sugar supplies are seen shrinking to the lowest level in six years in early 2025 as drought hampers production in top exporter Brazil, according to commodities trader Czarnikow Group Ltd. Extreme dryness has eroded sugar-cane crop conditions, limiting mills’ ability to produce sugar in the latter months of the current season and signaling a delayed start to next year’s harvest, Pedro Mizutani, Czarnikow head of raw sugar trading, said during a conference in Sao Paulo. Concerns about production constraints in Brazil — also caused by the spread of plant disease — have kept prices for the sweetener above the historical average for the past several years, underscoring the world’s dependence on the South American nation’s supplies. The country is expected to account for almost 75% of all raw sugar traded globally this year, according to consultancy firm Datagro.

Karur Vysya Bank has given a good set of numbers. City Union Bank yesterday has given a good set of numbers and a few of the PSU banks have given a good set of numbers as well," says Mayuresh Joshi, Head Equity, Marketsmith India. Broader markets is where the pain is pretty sharp but one of the stock that is holding out in this sort of a market is ICICI Bank. While one end of the market, you have ICICI Bank that is holding onto the positive territory. You have IndusInd Bank that has hit a 52-week low on an intraday basis today. What is your take when you talk about the banking space as a whole then? Mayuresh Joshi: So, two things, one, the numbers for most banks, specifically the larger ones have been pretty good. Axis Bank gave a good set of numbers. HDFC Bank, good set of numbers and the commentary was equally encouraging. Kotak had their one misses in the numbers itself, so quite a few one-offs in the numbers. Expectations that as rate cut cycle starts in India as well, some element of positivity expected to come through.

Subscribe to enjoy similar stories. MUMBAI : You can transfer your mutual fund (MF) units from one demat account to another, either to your own or to those belonging to your family members and friends. However, this is an extremely cumbersome and paper-driven (offline) process with no online alternative.

Cyclone Dana is likely to make landfall between north Odisha and West Bengal coasts between Puri and Sagar Islands, the India Meteorological Department (IMD) has said. The low-pressure area developed over the east-central Bay of Bengal and adjoining the north Andaman Sea is likely to intensify into a depression by October 22 morning. «The depression over Eastcentral Bay of Bengal moved west-northwestwards with a speed of 6 kmph during past 3 hours and lay centred at 0830 hrs IST of today, the 22nd October, over the same region near latitude 15.5° N and longitude 91.0°E, about 700 km southeast of Paradip (Odisha), 750 km south-southeast of Sagar Island (West Bengal) and 730 km south-southeast of Khepupara (Bangladesh),» the IMD said in its latest weather bulletin. «It is very likely to move west-northwestwards and intensify into a cyclonic storm by 23rd October, 2024 over eastcentral Bay of Bengal. Thereafter, continuing to move northwestwards, it is very likely to intensify into a severe cyclonic storm over northwest Bay of Bengal by morning of 24th and cross north Odisha and West Bengal coasts between Puri and Sagar Island during night of 24th and morning of 25th October, 2024 as a severe Cyclonic Storm with a wind speed of 100-110 kmph gusting 120 kmph,» it added.

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Indian diaspora appear extremely bullish on the Indian economy as aggregate inflows to NRI deposits more than doubled. Inflows into NRI deposit schemes amounted to $7.8 billion in April-August this year to compared to inflows worth $ 3.7 billion in the same period a year ago, the latest data released in the Reserve Bank of India’s latest monthly bulletin. Both dollar (FCBR(B)) and rupee deposits (NRE(RA)) surged reflecting higher returns in the Indian markets as also the strong fundamentals.

Subscribe to enjoy similar stories. India’s rapid growth story is often linked to its burgeoning middle class. But lack of any official definition makes for an interesting trend: over 88% of urban Indians, including many earning well past India’s per capita income, call themselves ‘middle-class’ when asked to describe their family’s financial situation, reveals the latest round of the YouGov-Mint-CPR Millennial Survey, held in July.

Subscribe to enjoy similar stories. AFTER THE Israel-Hamas war in Gaza in 2021 Yahya Sinwar appeared sitting on a sofa in the open air, surrounded by rubble and smiling. It became a defining image of resistance for many Hamas supporters.

RBI) diktat barring business operations of four non-bank lenders will have a significant impact on mid and small-sized NBFCs, particularly those focused on small-ticket unsecured loans, industry watchers say. These NBFCs which are already grappling with constrained funding, could see a further slowing down of business. The RBI which has been continuously flagging build up of risks in the unsecured segment had said that more than half consumer loan borrowers are repaying at least three loans simultaneously. It had also said that delinquency levels among borrowers with loans below Rs 50,000 was extremely high. «The immediate concern is that these lenders need continuous credit delivery and as these loans are unsecured, it is likely that they will face significant challenges on asset quality side and on extreme side, threaten their survival,» said Prakash Agarwal, Partner, Gefion Capital — a consulting firm. «The regulator's stance will lead to tighter funding for a broader range of players, exacerbating liquidity constraints. These business models are largely built on the need for steady flow of fresh lending and restrictions on incremental business will inevitably curtail their inflows, thereby challenging their capacity to meet existing obligations.»

Subscribe to enjoy similar stories. “TO GET RICH is glorious" is the maxim that inspired one of the most successful development strategies of the past 50 years. It’s an aspiration widely shared across developing countries—and for good reason.

India's concerns regarding Khalist extremism. He also pointed out a fundamental problem that the Canadian government assumed all Sikhs as Khalistanis and all Khalistanis as Sikhs. In an interview to ANI, George said, «The Khalistan movement does not pose a direct threat to the West, at least not often. So, hence which is why you see Western countries try and downplay or ignore India's pleas, no matter how legitimate India's concerns may be.»