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Sunil Subramaniam, MD & CEO, Sundaram Mutual, says he “would tend to be underweight on external oriented sectors. This includes metals, energy and even IT to that extent. We believe that the growth story of the world is at least a couple of years away in terms of the world booming back to growth. It is going to be an extended slowdown. False alarms will keep coming. We would rather stay cautious on the side lines.” What will happen to global sectors? Metal is a bet on China. IT is a bet on the US. Manufacturing is a bet on Europe. What happens there? Globally we are not very positive on what is happening in the US GDP data and all seems to keep surprising us. But if you look at the credit cycle that is happening there, people are revolving credit like there is no tomorrow. There is a slowdown in jobs. So, we believe that a slowdown is inevitable. Now, between a hard landing and soft landing, one could have probability factors but we do not think that there is a growth story in the world yet. We believe that the world is going to go through an extended period of slowdown. Europe will suffer a little more. So, we would tend to be underweight on external oriented sectors. This includes metals, energy and even IT to that extent. We believe that the growth story of the world is at least a couple of years away in terms of the world booming back to growth. It is going to be an extended slowdown. False alarms will keep coming. We would rather stay cautious on the side lines.

Australia’s biggest private hospital operator, Ramsay Health Care, has lobbed a first-round offer for Cura Day Hospitals, put up for sale by Citi in May, Street Talk can reveal.

There’s an uncomfortable, hidden truth in all the hype around green hydrogen – the market for it is almost non-existent and is growing at snail’s pace.

Centrum Capital, the financial services business led by Jaspal Bindra, is exploring a possible sale of its stake in its mortgage financing business — Centrum Housing Finance, two people aware of the development told ET. Mumbai-headquartered Centrum group holds a 74% stake in Centrum Housing Finance. Private equity investor Morgan Stanley PE Asia holds around 25%, having invested ₹190 crore in the business in 2020. «Centrum is working on a plan to explore the sale of its stake in its housing finance business,» said one of the persons cited earlier.

Jujutsu Kaisen Chapter 238 has left fans both awestruck and anxious as Mangaka Akutami introduces a pivotal character death and sets the stage for an epic showdown between Ryomen Sukuna and Yuji Itadori. In this action-packed chapter, we witness the unfolding of a battle and the tantalizing hints of Yuji's Cursed Technique.

One Punch Man has unleashed a fresh wave of excitement as Saitama grapples with an absurd question and sparks fly between him and Flashy Flash. While the chapter kicks off with action, it opens the door to an entirely new storyline, hinting at the involvement of 'God' and the looming intensity of the Neo Heroes Introduction Arc. Here's a glimpse of what the latest chapter unveils and what fans can anticipate in the forthcoming installment.

Coinbase's recent approval by Singapore's Monetary Authority signals the city-state's growing embrace of cryptocurrency. As Bitcoin (BTC) continues its bullish trend, backed by Marathon Digital's robust production, the rising star VC Spectra (SPCT) steals the limelight. Let’s explore what's happening in the crypto industry and learn more about this cryptocurrency for beginners.

Israel by air, land and sea.Millions of Israelis in the country’s south awoke to the searing sound of incoming rockets and the inevitable thud of impact. Air raid sirens wailed as far north as Tel Aviv.

Sustainable Development Goals (SDGs) are off-track globally and India's progress will be crucial in achieving them, UNICEF chief Catherine M. Russell has said. In an interview to PTI, Russell said India's population and scale make its potential for progress particularly significant on the global stage.

Key Takeaways

And, environmental destruction was, ironically, one of the issues that the music festival, boasting names like Jimi Hendrix, Janis Joplin, Joe Cocker, sought to bring attention to. Cut to the picturesque Ziro valley of Arunachal Pradesh, where each day of the Ziro music festival (which had its 10th edition from Sept 28 to Oct 1 this year) starts on a pristine note. It is a melange of local tribes, visitors from near and far away, and the endearing cattle obliviously grazing amid all the hustle bustle.

IPL), Australian allrounder Marcus Stoinis has a good understanding of the Indian conditions. That makes him one of the key players in the Australian side at the World Cup. Ahead of their opening game against India in Chennai, Stoinis speaks with Boria Majumdar.Excerpts: Australia are one of the favourites going into the World Cup. Having played an ODI series against India in India just 10 days back, how is the side shaping up? I tend to agree with you that we have a very good side.

FTA journey can be divided into three distinct phases. 1975-2004: In this phase, the focus was on reducing tariffs to promote merchandise trade. India embarked on its FTA journey in 1975 by signing the Bangkok Agreement with Bangladesh, Sri Lanka, and S Korea.

Chinese astronauts defied conventions by livestreaming an open flame experiment aboard China's Tiangong space station.

Hasan Yazdani expectedly proved too good for Deepak Punia, who settled for a silver after losing by technical superiority to the Iranian legend in the men’s 86kg category as India’s wrestling campaign concluded at the Asian Games here on Saturday with six medals but without a gold.It was the second time that Deepak found himself up against his childhood idol Yazdani, the two-time Olympic medallist and eight-time World Championship medallist.

Also Read: ‘…Putin is an evil dictator does not mean that Ukraine…’: Vivek Ramaswamy slams Zelenskyy for seeking more US funds Earlier on Thursday, Ramaswamy has strongly criticized Ukrainian President Volodymyr Zelenskyy's request for additional financial support from the United States to conduct elections in their conflict-affected nation. The 38-year-old biotech entrepreneur confidently stated that he is in the process of securing the party's nomination for the 2024 presidential elections. During an interview with Fox News, Ramaswamy defended his previous statement in which he expressed his intention to reduce aid to Ukraine if he were to be elected as the President of the United States.

Luxembourg, renowned as the wealthiest European Union member per capita, finds itself grappling with a dire housing crisis, thrusting it into the spotlight as the nation's 660,000 residents prepare for the upcoming elections. Pascale Zaourou, a dedicated teacher and mother of three, sheds light on the hurdles of securing affordable housing, stating, «On the private market, renting a two-bedroom apartment costs a minimum of 2,000 euros, posing significant challenges for single-income households.» She underscores the acute scarcity of affordable housing, particularly impacting young individuals and single-parent families. Antoine Paccoud, a researcher at the Housing Observatory, substantiates these concerns by revealing that «an increasing number of Luxembourgers are seeking refuge across borders in countries like Germany, Belgium, or France, drawn by more reasonable rent and property prices.» Despite its robust financial services-driven economy, Luxembourg grapples with a stark contrast in housing affordability. The average net earnings for a single worker in Luxembourg in 2022 reached a staggering 47,000 euros, ranking as the highest within the EU. In the capital city, newly constructed apartments command prices of 13,000 euros per square meter, while older units fetch approximately 10,700 euros.

Trump gave key details on the US Navy’s elite submarine fleet — including the number of nuclear warheads they can carry and how close they can get to Russian vessels without being detected — to Australian billionaire Anthony Pratt, who passed the information on to dozens of friends and contacts, according to ABC News and The New York Times. The alleged disclosure is only the latest in a string of cases that raise grave questions about Trump’s willingness to keep the nation’s secrets — an issue that’s only going to remain front and center given his commanding lead in the polls to secure the Republican nomination to challenge President Joe Biden again next year.

shree anna as super foods but Swaminathan had encouraged discourse around millets since the 1990s. My personal interactions with Swaminathan were extensive. They began after I took over as chief minister of Gujarat in 2001.

₹25,000 crore towards this initiative. And this includes, out efforts in terms of bioethanol, that is 2G ethanol. Our efforts to reduce gas flaring by creating infrastructure for evacuation of natural gas.

The Monetary Authority of Singapore authorized Coinbase to offer institutional and individual crypto payment services one year after receiving an in-principle approval. With 32% of Singaporeans owning crypto, the Coinbase license may boost the uptake and price of the best cryptocurrencies, such as Ethereum (ETH) and VC Spectra (SPCT).