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Vivek Ramaswamy, a former Republican presidential candidate, strongly denounced the targeted violence against Hindus in Bangladesh following the ouster of Prime Minister Sheikh Hasina from office. Vivek Ramaswamy, a former Republican presidential candidate, strongly condemned the violence targeting Hindus in Bangladesh that occurred after the ouster of Prime Minister Sheikh Hasina from office. In a post on X (formerly known as Twitter), Ramaswamy expressed his concern about the current situation, stating that «a quota conflict created to rectify the wrongs of rape and violence in 1971 is now leading to more rape and violence in 2024.»

Apollo Hospitals on Wednesday rose 4.2% to its day’s high of Rs 6864.95 on BSE after the company on Tuesday reported a net profit of Rs 305 crore for the first quarter ended June 2024 against Rs 167 crore in the year-ago period. The company’s revenue from operations in the reporting period increased 15% year-on-year (YoY) to Rs 5,086 crore as against Rs 4,418 crore in the last year quarter.

Samvardhana Motherson International (SAMIL) surged 4.5% to day’s high of Rs 188.75 on BSE after reporting a 65% year-on-year (YoY) jump in consolidated net profit to Rs 994 crore for the June quarter of FY25. The company's revenue increased by 29% YoY to Rs 28,868 crore for the period under review, compared to Rs 22,462 crore in the same quarter of FY24.

Piramal Enterprises on Tuesday reported a 64% decline in its June quarter net profit to ₹181 crore, impacted because of a higher base due to a one-off item last year. The non-bank lender had reported a consolidated net profit of ₹509 crore in the year-ago period. Its CEO Jairam Sridharan said the year-ago performance included a ₹850 crore benefit from a stake sale in a Shriram Group entity, and added that the performance has been stable in the reporting quarter this year. The core net interest income grew 18% to ₹807 crore on the back of a 10% increase in the overall assets under management to ₹70,576 crore, while the net interest margin narrowed to 6.7% from 7.3% in the year-ago period.

Dipan Mehta, Director, Elixir Equities, says gradually, a lot of the factors have improved for pharma companies and I am very positive on the pharma sector. That will be the target sector in the event of a correction and we like to be overweight pharma. Structurally, some things have changed in the US generic market and they are now able to get at least a fair price for whatever they are selling over there. What has been your key takeaway from Hero MotoCorp's quarterly performance? Dipan Mehta: The performance appears good, but the problem is the sustainability of the numbers going forward. While they have been able to increase their market share, the new products that they have launched are highly successful and that is helping them gain the market share. The raw material costs have been pretty. On the lower side, they have been stable and therefore, operating profit margins have gone up and operating leverage has come into play.

Indian market is likely to trade higher on Wednesday tracking positive global cues. Foreign institutional investors (FIIs) sold to the tune of Rs 2,107.17 crore, while domestic institutional investors (DIIs) brought to the tune of Rs 1,239.96 crore on Tuesday.

Hindalco and Apollo Hospitals while Goldman Sachs has a sell rating on Hero Motocorp. Jefferies and Investec have a buy rating on Max Financial and Nykaa respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Buy or sell stocks for today: Domestic equity benchmarks Nifty 50 and Sensex dropped nearly one per cent in the previous session, dragged by a broad sell-off in banking, auto, and metal stocks. The frontline indices extended their losses to the third straight session on Tuesday amid ongoing foreign fund outflows and mixed global market trends. The 30-share BSE Sensex tumbled 692.89 points or 0.87 per cent to settle at 78,956.03.

The country’s two main railways and their workers remain at loggerheads over scheduling, safety or salaries — depending on who you ask — as the clock ticks down on contract negotiations.

Michelle Gass, chief executive of Levi Strauss & Co, said the denim maker's global operations should take a cue from the Indian business in terms of keeping speed, agility and execution of its retail strategy in a market, crucial to achieving its $10-billion annual revenue target, up from about $6 billion currently. «Speed, decisiveness, agility, risk taking and making decisions, India does it really well. Every market has their own local product engine, but the bigger opportunity is operating like this speedy, agile retailer, and taking this culture of the Indian team and bringing that throughout the company is a great opportunity,» Gass told ET in an interview, adding that the Indian team is amongst the strongest it has globally. «This is one of the most dynamic, exciting markets I have been to, and there's so much happening. We have had strength in the market for some time, but they are constantly challenging themselves to be better and evolve and that's what's accelerating our growth here,» she said.

A Liberian-flagged oil tanker in the Red Sea has been targeted in a third attack by suspected Yemeni rebels in their campaign of assaults over the Israel-Hamas war

inflation gauge declined below the mandated 4% target for the first time in five years, with economists attributing the fall to a statistical base effect and might not indicate a durable victory against sticky prices just yet. Most of the experts that ET spoke with said rate cuts could be pushed to the next fiscal year. In the recently concluded monetary policy review, central bank governor Shaktikanta Das maintained that future interest rate decisions will depend on food price movements and that it cannot overlook inflation pressures.

Cities seldom launch big-ticket infrastructure projects to host a political convention, but landing the high-profile events often provides a nudge to speed up construction

The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

The Conference Board chief economist Dana Peterson analyzes the job market and consumer confidence on Making Money.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

Mint. Fresh from a trip to London and dressed in his usual crisp white BluSmart shirt and blue turban, Jaggi has other concerns now. While he maintains demand for rides is strong and growing, scaling up would require more charging points.

assassination of Hamas leader Ismail Haniyeh on its soil, three senior Iranian officials said. Iran has vowed a severe response to Haniyeh's killing, which took place as he visited Tehran late last month and which it blamed on Israel. Israel has neither confirmed or denied its involvement. The U.S. Navy has deployed warships and a submarine to the Middle East to bolster Israeli defenses. One of the sources, a senior Iranian security official, said Iran, along with allies such as Hezbollah, would launch a direct attack if the Gaza talks fail or it perceives Israel is dragging out negotiations. The sources did not say how long Iran would allow for talks to progress before responding.

Maharashtra Deputy Chief Minister Ajit Pawar has said he made a mistake by fielding his wife Sunetra Pawar against his cousin Supriya Sule in the recent Lok Sabha polls. One should not allow politics to enter home, Pawar, who is currently on a statewide 'Jan Samman Yatra', told Marathi news channel Jai Maharashtra. As part of his mass outreach programme ahead of the state assembly polls, the deputy CM has been promoting the government's 'Mukhyamantri Ladki Bahin Yojana', aimed at providing financial assistance of Rs 1,500 per month to women. In the Lok Sabha elections held earlier this year, Sunetra Pawar unsuccessfully contested the election from Baramati seat against sitting NCP (SP) MP Supriya Sule, daughter of Ajit Pawar's uncle Sharad Pawar.

Speaking to the FT's Economics Show podcast, Catherine Mann said the potential for large increases to wages in the coming year is «a problem for next year».  Bank of England cuts interest rates by 25 basis points to 5% Headline inflation hit the the BoE's target rate of 2% back in June, but Mann argued that the UK should avoid being «seduced» into believing that the ongoing struggle against inflationary pressures has finally ceased.  «Prices on services continue to be increasing and by and large, services prices never fall,» Mann said, meaning that wages will have to continue to ri...