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«So, pretty steep price hike that is required to sort of restore the margins to what they were, let us say, from an FY24 benchmark perspective,» says Probal Sen, ICICI Securities. Firstly, this is the second cut that we have seen when it comes to the APM gas allocation. So, cumulatively, how much has been the APM gas allocation reduced for the city gas distribution companies? And to mitigate this impact, what is the kind of price hike that they need to take now? Probal Sen: So, a couple of quarters ago, the blended allocation, as you would know the cut has primarily come in the CNG segment, so the domestic PNG segment still continues to get close to what is required to supply from what our understanding is.

Sunita Williams and Butch Willmore have been stuck in ISS for quite a while now due to a Starliner spacecraft malfunction and the public has been concerned about their health. In between the tensions and videos by Sunita Williams, Joe Biden recently revealed to an audience that his wife wishes to send him to space. Recently, US President Joe Biden cracked a joke about being sent to space to rescue astronauts Sunita Williams and Butch Wilmore at the APEC summit in Peru. Biden made the comments while discussing space exploration with Peru President Dina Boluarte Zegarra at a bilateral meeting. ALSO READ: 'My Body Has Changed': Sunita Williams shares latest health update and changes she is experiencing after months in space

Microfinance company Fusion Finance may cease to be a "going concern" if the lenders do not agree to its request for a moratorium on loans for at least a year or if it fails to raise resources, independent auditor Deloitte Haskins and Sells said. «The company's ability to continue as a going concern is dependent on obtaining waivers from demand by lenders for immediate repayment of borrowings for a period of at least 12 months from the balance sheet and / or securing sufficient funds from other resources such as successful sale of loans, rights issue and refinancing of borrowings,» the audit firm said in its note. The NBFC-MFI is negotiating with lenders to get a waiver from the right of immediate repayment for a period of at least 12 months from the balance sheet date. The lenders have so far not waived their right to demand immediate repayment.

«But the way these numbers have been announced after giving the guidance, clearly there is a case of credibility issue to my mind. And the business model, we can all attribute this to the distribution channel, the disruption by Q-commerce, and many more things,» says Hemang Jani, Independent Market Expert. Does the stock deserve to fall by 20%? I mean, okay, numbers are bad, but they are not terrible. Hemang Jani: So, the way the market has reacted, which means that there is a larger concern on the credibility of the numbers that the management has been giving and more so after delivering a very good growth in the last two quarters.

Ajay Srivastava, CEO, Dimensions Corporate, says, three segments – appliances, hotels, aviation – will directly see improved consumption. I am not sure capex companies are going to see a major uplift for the simple reason that government spending has to kick in and that is where the bigger problem lies. The government is not spending money for the right reasons like fiscal deficit, etc, So, capex companies will have a little longer winter than the consumer companies. It has been a tumultuous market. Nobody expected the US market to bounce back the way it did. Nobody expected Indian markets to correct the way it has. Where are we headed? Will the entire grind continue? Are we in for a long winter? Ajay Srivastava: Oh, no, not at all. Let us be honest. At the end of the day, when the market goes up, the whole world says it will keep going up. When it starts to go down, the theory is everyone says, you know what, underperformance continues, we will do badly and so on. We got caught and it is strange that people never thought that September would be a bad month in the economic cycle of India, given elections were just finished and the consumption cycle would change from October because that is the festive season. It will reverse itself. You will find earning surprises for this quarter.

Carl Benz might have invented the automobile, but it’s the United States that got us to drive them. The relentless export of American cars and car culture put the world on the road in the 20th century. By the 1960s, Ford Motor Co. had plants in almost every major European country, as well as Argentina, Brazil, Egypt, India, Israel, Peru, Pakistan, South Africa, Turkey, and Zimbabwe. Right now, it’s passing that baton to China with barely a fight. The US car industry that emerges will be smaller, less influential — and, eventually, less profitable and financially sustainable.

«So, this is the time to invest in largecaps to start with as of now, maybe some select midcaps which have delivered very strong numbers where visibility is very strong and hold them possibly expecting maybe some more minor dip, but upside being much more than downside,» says Sandip Sabharwal, asksandipsabharwal.com. The why, hum kyu gire hai we know it. Where are we headed and what should one do? Let us address that. Sandip Sabharwal: Kyu gire hai, kyoki hum bahut chad gaye the isliye.

A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC, says historically, if you want to build a portfolio, the best time to buy in the market is when the worst of possible news keeps coming in. That is when the market starts pricing in the news. Therefore, you will be able to get a price that you want to buy. Second, when economic growth comes in, the reward could be high. Given that our ambition of becoming a $10-trillion economy has not been taken away in the last three-four months, and nothing has changed, as long as that remains strong and credit growth is a driver of economic growth, banking sector remains a bet. Are there any opportunities arising at this point in time because everyone is worried about going ahead and catching the falling knife? A Balasubramanian: Yes, of course, if you take the fundamentals of some of these sectors, whether it is capital goods or auto sector, fundamentally, nothing is changing except cyclical nature. Even metal sectors have fallen.

«So, consumers and companies need to see the other side of the coin, that is a cut of rates. So, while food inflation is high, I think if there is a December cut, that would provide one of the catalysts,» says Chakri Lokapriya, Managing Partner, RSB LLP What is your view? Are we in for a long winter or we are nearing the end of this decline? Chakri Lokapriya: Nifty is down about 10%. Earnings are down, if you look at the various sectors saw 10% to 15%. And on the other hand, some of the PSU stocks are down 40-50%. So, at that perspective, I do not think there is much downside, but what is clearly needed is some kind of a catalyst for earnings to revive upwards. Now that catalyst can come from RBI rate cut. I know people are talking about it being postponed to February, but RBI has increased rates by about 250 basis points, very short period of time. So, consumers and companies need to see the other side of the coin, that is a cut of rates. So, while food inflation is high, I think if there is a December cut, that would provide one of the catalysts.

The conduct and ethics developed by the Ministry of Electronics and Information Technology will be akin to “informal directive principles” for companies, especially those working to build their large language models (LLMs) or using data to train AI and machine learning models, an official said. “A law on AI is still some time away. We are talking to all stakeholders right now to see what can be included and trying to get the industry onboard on a common set of principles and guidelines,” the official said.

Subscribe to enjoy similar stories. If you’d asked anyone before covid about the movie exhibition business, the answer would’ve been simple: single screens were fading and multiplexes were booming. And they weren’t wrong.

Subscribe to enjoy similar stories. India stands out as a compelling growth and transformation story, largely driven by infrastructure, with GDP growth projected at 6.5% or higher in 2024 and 2025—one of the highest growth rates of any peer economy in the world, said Stefan Hofer, managing director and chief investment strategist at LGT Bank Asia. “So, we want to buy that growth." Though, “the natural caution is the valuation," he warned.

Subscribe to enjoy similar stories. With its near-universal penetration, Colgate-Palmolive India is synonymous with oral care in India. However, the company is not resting on its laurels.

Venue : Daren Sammy National Cricket Stadium, Gros Islet, St Lucia West Indies squad - Brandon King, Evin Lewis, Rovman Powell, Sherfane Rutherford, Shimron Hetmyer, Romario Shepherd, Roston Chase, Shamar Springer, Nicholas Pooran, Shai Hope, Akeal Hosein, Alzarri Joseph, Gudakesh Motie, Obed McCoy, Terrance Hinds England squad - Jacob Bethell, Jordan Cox, Will Jacks, Dan Mousley, Jamie Overton, Liam Livingstone, Sam Curran, Jos Buttler, Michael Pepper, Phil Salt, Adil Rashid, Jafer Chohan, Jofra Archer, John Turner, Rehan Ahmed, Saqib Mahmood West Indies vs England Live Score: EDGED, IN THE AIR...FOUR! West Indies vs England Live Score: SIX! Shot of authority from Lewis! Archer bowls on a good length, attacks the off-pole, Evin Lewis gets the bounce at a comfortable height and pulls it across, flat and behind deep mid-wicket for a six. West Indies vs England Live Score: West Indies Shai Hope 5 (4) Evin Lewis 6 (8) England John Turner 0/6 (1) West Indies vs England Live Score: FOUR! Fluent and confident! Hard length, just around off, Shai Hope waits for it and smacks it on the up through the gap between mid off and covers for a cracking boundary.

Subscribe to enjoy similar stories. Non-resident Indians (NRIs) receive or send money to India quite often, and usually open a non-resident ordinary (NRO) or non-resident external (NRE) bank account, or both. But a lack of understanding of their correct use may spell trouble.

Warner Bros, Discovery and the NBA have settled a contentious legal dispute concerning broadcasting rights, marking a significant shift in their long-standing partnership. Under the terms of the new agreement, Warner Bros. Discovery will continue its coverage of NBA content, but with a focus on digital platforms and international markets, while conceding US TV game rights to competitors, as per Variety. The 11-year deal resolves the lawsuit Warner had filed against the NBA after the league decided to exclude the media giant from its new broadcasting arrangements.

The government order, issued November 15, extends for two more months the powers of the armed forces to engage in day-to-day enforcement activities like the police, including making arrests. «The armed forces will carry out the orders assigned to us by the government,» army spokesman Sami-Ud-Daula Chowdhury said Sunday.

“Inside the NBA” will appear on ESPN and ABC beginning next season as part of a settlement between Warner Bros

Xi Jinping told his U.S.

Money manager John Davi is positioning for challenges tied to President-elect Donald Trump's tariff agenda.