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raw material costs, the management expects stability in such costs in the upcoming quarters. The demand for laminates is expected to pick up in 2025-26 aided by export opportunities and strong domestic real estate sales. The company offers a diverse product portfolio (laminates, acrylic surfaces and cladding solutions) and operates with over 6,000 dealers in the domestic market. It exports to over 80 countries, with exports accounting for two-thirds of its revenue.

insurance costs — probably even double what they paid in 2024 — after adverse weather that either washed out or severely curtailed three matches through the last season that coincides with a dry summer in most parts of the country. Last season, a single cancelled match led to claims of around ₹16 crore to ₹17 crore, forcing insurers to revise the pricing of risk. Event cancellation policies, once priced at approximately ₹40 lakh to ₹45 lakh, are now being re-priced to factor in the losses. Franchises, which previously took cover for around ₹2 crore premiums, now face costs of ₹4 crore to ₹5 crore. The Board of Control for Cricket in India (BCCI), which organises the IPL, faces costs of roughly ₹5 crore to ₹6 crore per match.

Crisil's chief executive Amish Mehta said that the rating firm's work depends on the findings of the auditor, who has greater access to information and the disclosures made by rated companies. Speaking to ET, he also pointed out, without naming any borrower, that a sharp stock price movement does not mean they have to put out statements on the rated issue, but if a 'material event' is triggered, Crisil has consistently issued statements in seven days. Edited excerpts: What are the additional steps Crisil has taken to ensure the data provided by rated companies are genuine and authentic? First and foremost, we are not forensic accountants. The way we carry out our business is, we have a contractual arrangement with the issuer to rate based on the information they have furnished to us, which is essentially audited, and management interaction. Separately, we try to triangulate that with publicly available information, benchmarks with peers, talk to bankers, and look at GST data.

artificial intelligence (AI) and technology-driven skills are in high demand.

health expert Dr. Eric Berg, the culprit may not be as random as it seems. In a revealing video, Dr. Berg—who battled insomnia himself for over a decade—unpacks the science behind those restless early morning hours. As it turns out, waking up between 2 AM and 3 AM might not be a fluke, but rather a red flag from your body.

China's State Council unveiled on Sunday a 'special action plan' to boost domestic consumption, featuring measures including raising residents' income and setting up a childcare subsidy scheme. The plan comes as levels of consumer demand have suffered various setbacks in recent years, due to factors like COVID-19 disruptions and a long property slump, chilling the propensity of households to spend and adding to deflationary trends. Expanding domestic demand It was issued to all regions and departments to «vigorously boost consumption, expand domestic demand in all directions, improve consumption capacity by increasing income and reducing burdens,» a report from the Council said. The plan comes a week after Chinese Premier Li Qiang's work report to the National People's Congress which focused on boosting household spending to cushion the impact of weak external demand. Pressure has been building on Chinese officials for consumer-focused stimulus measures to fend off deflationary pressures and reduce reliance on exports and investment.

CBI court has set a fresh eight-day deadline for the accused, booked by the Central Bureau of Investigation in the IRCTC hotels case, to conclude their counter arguments on framing of charges against them. Last month, the court had set a six-day deadline to conclude arguments on framing of charges against former Union railways minister Lalu Prasad, wife Rabri Devi, son and Bihar's former deputy CM Tejashwi Yadav and others booked by CBI in the IRCTC hotels case. However, the same could not be concluded.

EPIC — from commitments made in court to the legal amendments required and the political opposition that is bound to follow. First is the question of the 66.23 crore Aadhaar numbers already collected by the poll panel until 2023. Shared voluntarily by EPIC holders, the 12-digit Aadhaar numbers have been «seeded» against Voter ID cards but the two databases have not been linked till date.

Technip Energies, a French provider of engineering and technology services to the energy industry, is opening a research and development centre in India besides expanding its workforce in the country which it sees at the forefront of the global shift towards green hydrogen. «India is the country where we are signing the largest projects around green hydrogen and green ammonia. It is the geography and the country where, for us, green ammonia and green hydrogen are taking off,» said Arnaud Pieton, chief executive officer, Technip Energies. «So, we see India clearly as being on the forefront of the green hydrogen economy.» Technip Energies, which has been operational in India for about five decades, said it has accelerated investments in the country in the past four years. He declined to elaborate. During the period, the company doubled its workforce. It is now considering adding 500-1,000 employees to the current 4,600-strong employee base in India in the next year.

Donatella Versace stepping down as creative czarina of Versace is like Medusa herself deciding to retire from turning heads to stone. After nearly three decades of ruling the fashion world with her signature platinum locks and unapologetically bold designs, DV has announced she's passing the torch to Dario Vitale, a name that sounds like it was plucked straight from a Milanese soap opera. Donatella's tenure was nothing short of legendary. She took over the reins of the brand after the tragic murder of her brother, Gianni Versace, in 1997, and turned it into a global powerhouse of full-blown glamour.

US stock market and Wall Street investors look for hints about further Federal Reserve interest rate cuts that could restore some calm to S&P 500, Dow Jones, and Nasdaq Composite, as per a report. A weeks-long slide in stocks accelerated in recent days with the benchmark S&P 500 on Thursday confirming it was in a correction, ending down over 10 per cent from its February 19 record high. While stocks ended the week on a positive note, with the S&P 500 rebounding sharply on Friday, the decline had wiped off more than $4 trillion in market value, with some of Wall Street's highest fliers such as Nvidia and Tesla getting pummeled, Reuters reported. Some prominent strategists have become more downbeat on the outlook for the economy and for U.S. stocks. Goldman Sachs dropped its 2025 year-end target for the S&P 500 to 6,200 from 6,500, while Yardeni Research lowered its «best-case» target for the index to 6,400 from 7,000. The S&P 500 ended on Friday at 5,638.94, as per the report on Reuters. Volatility has been rising with the Cboe Volatility index this week hitting its highest level since August before receding somewhat. Tariff news is still likely to be at the forefront for markets in the coming week, with analysts saying the levies could bite into corporate profits and drive up consumer prices.

Treasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years.

Subscribe to enjoy similar stories. Nvidia has barely started shipping its latest artificial intelligence chips, and everybody is already looking to hear about the next ones. For the world’s most valuable semiconductor company, that is a high-quality problem.

Subscribe to enjoy similar stories. URUMQI, China—About a decade ago, some Western companies answered Beijing’s calls to invest in Xinjiang, an underdeveloped region in the country’s remote west. Some were drawn by the natural resources there.

Subscribe to enjoy similar stories. President Trump has launched an unprecedented challenge to a geopolitical order that has prevailed for decades. One potential victim: the U.S.

Subscribe to enjoy similar stories. Watching the automatic hand of the Manus AI agent scroll through a dozen browser windows is unsettling. Give it a task that can be accomplished online, such as building up a promotional network of social-media accounts, researching and writing a strategy document, or booking tickets and hotels for a conference, and Manus will write a detailed plan, spin up a version of itself to browse the web, and give it its best shot.

Subscribe to enjoy similar stories. Bengaluru: On 16 January, Refex Industries Ltd, a manufacturer of refrigerant gases, informed the stock exchanges that its wholly-owned subsidiary, Refex Green Mobility, had agreed to buy 2,997 electric cars from Gensol Engineering Ltd. Refex Green Mobility would take over Gensol’s existing loan of ₹315 crore as part of this transaction.

«Production of Airpods is going to start in India at Foxconn's Hyderabad facility. It will begin from April but it will be only for exports as of now,» an industry source told PTI. Foxconn had approved USD 400 million, about Rs 3,500 crore, to set up the factory in August 2023.

The team boasts an exciting set of players who can turn a game on its head, whether it's through explosive batting, crafty spin bowling, or fiery pace attacks. With a new season underway, here's a look at four key players to keep an eye on as they aim to finally lead DC to glory.

Heading into the 2025 season, the Capitals, led by Axar Patel and coached by Hemang Badani, are gearing up for a fresh campaign in their pursuit of the ultimate glory. Their first match in IPL 2025 is scheduled for March 24 against Lucknow Super Giants at Dr YS Rajasekhara Reddy ACA-VDCA Cricket Stadium in Visakhapatnam. This could be the year that finally sees Delhi live up to its potential.

Swara Bhaskar recently stood up in support of her husband, Fahad Ahmad, after he became the target of online criticism for not taking part in Holi celebrations. The Prem Ratan Dhan Payo star took to social media to shut down the negativity directed at her spouse. On Friday, Swara delighted her Instagram followers by sharing a glimpse of her Holi festivities spent with family and friends. The picture featured Swara, her husband Fahad, and their little daughter Rabiya, immersed in the cheerful essence of the festival. Swara and Rabiya's faces gleamed with vivid Holi colors, whereas Fahad appeared without any pigment on his skin. Several social media users took notice of this and voiced their opinions in the comment section.