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However, the weak discretionary spending will weigh on the overall performance, according to analysts. Consolidated revenue is expected to rise 0.5% sequentially and 7.5% year-on-year (YoY) to Rs 28,599 crore, according to the average of estimates given by 10 brokerages.

core inflation is higher than that of food inflation and the response of core inflation to fuel price shock becomes significant and large during global uncertainties, said a research paper by RBI economists. Food inflation is better anchored since the central bank moved to flexible inflation targeting as its policy goal, the paper said. The paper assessed the degree and duration of the potential second-round effects of food and fuel price shocks on headline inflation. " Our analysis suggests that headline inflation reverts to core inflation and not vice versa. While there has been a decline in the volatility of fuel inflation, its impact on core inflation has turned significant of late" said Harendra Kumar Behera and Abhishek Ranjan from the Reserve Bank's department of Economic and Policy Research. The views are however those of the authors. The article tried to estimate the impact of food and fuel inflation shocks on core inflation to assess second-round effects as it helps to assess whether monetary policy should react to temporary supply shocks. The response of core inflation to food inflation shock is found to be the highest during the 2nd to 3rd quarter and starts dampening thereafter.

Crompton Greaves Consumer Electricals Ltd. traded 1.02 per cent down in Thursday's trade at 01:13PM (IST). Around 49,186 shares changed hands on the counter. The stock opened at Rs 311.8 and touched an intraday high and low of Rs 312.9 and Rs 307.0, respectively, in the session so far. The stock of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 327.8 and a 52-week low of Rs 251.25.

artificial intelligence has the potential to significantly alter the landscape of call centres, within a short timeframe, the Financial Times reported. Krithivasan thinks AI could have a transformative impact on the industry, and foresees a scenario where call centres would get minimal incoming calls due to the proactive capabilities of AI technology. Explaining the role of generative AI in this shift, Kirthivasan said that wider adoption of such technology among multinational companies (MNCs) could revolutionise customer service operations, traditionally reliant on call centre assistance.

Dividend paying stock: LKP Finance shares touching circuits is a regular phenomenon these days. This financial stock has touched circuits on all sessions this week.

NMDC with a 'buy' rating, establishing a target price of ₹297 per share. Despite the company's shares already surging by 140% in just 10 months, this new target price suggests another 20% increase from the stock's previous closing price of ₹248 per share. Additionally, reaching this target would mark a 14-year high for the stock, with the last similar milestone achieved back in April 2010.

Amid a cost-of-living crisis, Ikea Canada says it has lowered its prices for hundreds of items this past month as part of the company’s continuing push to make home furnishing more affordable.

Students graduating from post-secondary schools in Nova Scotia and Prince Edward Island have some of the highest student loan debt in the country, according to a new report from Statistics Canada.

Boeing on Wednesday reported its first quarterly revenue drop in seven quarters, but the U.S. planemaker beat Wall Street expectations that were lowered after a January mid-air blowout of a cabin door prompted it to slow production of its strongest-selling jets.

The Bank of Canada’s top policymakers have a “diversity of views” about when they expect interest rate cuts to start, but the meeting minutes from the governing council’s latest decision show agreement on the overall pace of easing.

Shoppers are still searching for more affordable options at the grocery store even as food inflation eases, according to Metro Inc.

Grocery price inflation may finally be slowing across Canada, but as some food costs remain high, a new report has found many are open to consuming “risky foods” despite the potential health risks.

interest rates from lenders. It's important to regularly review your credit report for inaccuracies and address them promptly. The DTI ratio measures your monthly debt responsibilities (like rent and minimum credit card payments) against your gross income.

NEW DELHI : Is Tesla on its way to India, or not? Despite the Indian government's enthusiastic rollout of a new electric vehicle policy primarily aimed at attracting EV makers such as Tesla, the Elon Musk-led automaker has remained non-committal about its plans to enter the Indian market. In fact, Tesla has not conducted any significant studies or held detailed discussions with state governments in India yet, people familiar with the situation told Mint, signalling a lack of immediate intent to establish a manufacturing presence in the country.

₹3,750 crore ($450 million) in fresh capital, as well as an offer-for-sale (OFS) component worth up to ₹6,664 crore ($800 million), said ET in its report. “...the consent and approval of the shareholders of the company be and is hereby according to create, issue, offer, allot and/or transfer of its equity shares up to an aggregate of ₹37,501 million by way of a fresh issue of equity shares and an offer for sale of such number of equity shares up to an aggregate amount of ₹66,640 million by certain existing shareholders…," the filing read, according to ET news report.

Yogi Adityanath on Thursday criticised the Congress party's proposal for an inheritance tax, accusing them of intending to seize the property of common people. He said that the Congress, which has looted the country for 60-65 years, plans to distribute the proceeds among the Rohingyas as part of their vote bank policy. «The mindset of Congress for the country and the common people of the country was revealed during the UPA government regime and yesterday. There were hints even in the Congress manifesto. What Sam Pitroda said yesterday was advocated for by then Home Minister P Chidambaram too. Congress looted the country's resources for almost 60-65 years. Now, it has its eyes set on common people's property. That is why it is talking about Inheritance tax. It will distribute it among people who are intruders. Who doesn't know that behind the crores of intruders, Rohingyas in different parts of the country is Congress' vote bank policy? They have always done politics at the cost of the nation, inheritance tax is a part of it,» he said.

Havells India Ltd. dropped 0.16 per cent to Rs 1564.9 at 11:56AM (IST) in Thursday's trade. The stock hit a high of Rs 1574.5 and low of Rs 1556.15 so far during the session. The stock had closed at Rs 1567.5 in the previous session. The counter had a total traded volume of 11:56AM shares so far with a turnover of Rs 1.14 crore on BSE. The stock traded at a price-to-earnings multiple of 83.1 and a price-to-book ratio of 11.24.

Jubilant Foodworks Ltd. fell 0.31 per cent to Rs 438.8 in Thursday's session as of 12:07PM (IST) even as the equity benchmark Sensex traded 3.45 points higher at 73856.39. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 586.35 and a 52-week low of Rs 420.85 on NSE. Around 27847 shares changed hands on the counter till 12:07PM (IST).

The covid pandemic is the great divide of the early 21st century. We compare conditions before and after 2020. This also applies to employment trends.

Also Read: Nestlé Controversies: From sugar in baby food to Maggi ban, we look at top 8 concerns in India and abroad Nestle India is expected to report revenue growth of 6.6% at ₹5,150 crore in the January - March 2024 quarter as compared with ₹4,830 crore in the same period last year, as per average estimates of 5 brokerages. Volume growth for the quarter is expected to be 4% YoY. The company’s net profit for the quarter is estimated to rise 16.5% to ₹858 crore from ₹736.6 crore, YoY.

ICICI Bank mobile banking application called Mobile Pay, claiming that they can view sensitive details of other people's credit cards on the platform. Sumanta Mandal, founder of TechnoFino, in a post on social media platform X (formerly known as Twitter), tagged the bank and the Reserve Bank of India (RBI) to urgently address the issue. "Several users have reported being able to view other customers' ICICI Bank credit cards on their iMobile Pay app.