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Jamie Lee Matthias might not be the next David Hockney — or even your local art teacher — but his 'so-bad-it's-hilarious' paintings have taken that first bastion of 'anything goes', Britain, by storm. An accountant by profession, Matthias stumbled into fame — and the painting frame — last May after gifting his fiancee a wedding portrait that resembled an abstract comedy sketch more than a tender keepsake. Encouraged by the laughs, he shared it online, and before he could try again, the internet made him a sensation.

Billionaire investor Stanley Druckenmiller believes Donald Trump's re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses.

FMCG sector. Indian snacks accounted for 49% of total salty snacks sales in 2021-22 as well as 2022-23. In 2023-24 too, value sales of namkeen matched those of western munchies such as potato wafers and finger sticks during 2023-24 too, ET had reported last year in July. In terms of volume, traditional snacks account for nearly 56% of the overall market. Products such as bhujia, dal, chivra, chanachur and fried nuts accounted for half the salty snacks sales of about Rs 50,800 crore during the financial year 2023-24, with both overseas and domestic companies pushing namkeen in the hinterlands, industry executives, citing NielsenIQ data, had told ET last year.

Pellous will report directly to Fraser Lundie, global head of fixed income, who said he is «incredibly happy to have Fabrice joining our team». His appointment follows that of Gita Bal, who joined as head of fixed income research at the beginning of January, as well as Lundie's hire in May last year. Aviva Investors strengthens leadership team with head of fixed income research hire «As with the appointment of Gita earlier this month, [Pellous] will add ideas and expertise to our team that come from his decades of experience within the industry,» said Lundie. «Alongside Sunita, he ...

Subscribe to enjoy similar stories. As India’s leading information technology firms release their quarterly earnings, the picture remains subdued. Revenue growth continues to lag, and the absence of major deals, coupled with persistent attrition, underscores the sector’s ongoing challenges.

Subscribe to enjoy similar stories. Bean varieties are staggering, and their nomenclature can be confusing. For example, white beans are also called navy beans—a term not related to the colour navy but because the US Navy served these beans to their sailors since the mid-1800s.

Rajeev Agarwal, Fund Manager & Managing Partner, DoorDarshi India Fund, says many times, it is not about whether the business is a good business, but if the price is good enough? It is more of trying to be very careful with where the price is versus what we think the value is. And being conservative, many times they have to exclude some of the market darlings. Agarwal also says Indian markets have experienced significant gains, and we are beginning to observe a phase of consolidation. He anticipates that capital expenditure will start to increase, and the Indian economy to perform well, leading to a resurgence in earnings growth. All the action seems to be happening in the US right now and it is really the dollar which is pulling the reins for emerging markets also? Rajeev Agarwal: Trump inauguration is next week and it will be interesting to see how the policy measures that everybody has been talking about start showing up. In fact, Trump is talking about a weaker dollar. The fact that the dollar is running up and yet Trump is trying to encourage more exports out of the US, it will be interesting to see whether Trump policies impact the dollar strength that we have been seeing for the last few months.

Barflex Polyfilms IPO received strong response from investors, the shares will debut on the NSE SME platform on Monday. Going by the GMP trends, investors are likely to see moderate returns. The current GMP ahead of the listing is at Rs 13. Compared with the issue price of Rs 60, this will be a premium of 21% over the issue price.

Subscribe to enjoy similar stories. The government’s decision to set up the 8th Pay Commission for salary revision is hard to reconcile with its oft-vocalized stance in favour of fiscal prudence. Agreed, the period of the 7th Pay Commission, which came into effect in 2016, will end in 2026.

Sebi intervened to keep smaller investors from speculating recklessly. However, another binge, playing out concurrently, seems to be flying below the regulator’s radar.

Subscribe to enjoy similar stories. Kotak Mahindra Bank Ltd’s standalone cost of funds has fallen quarter-on-quarter (q-o-q) to 5.06% in the December quarter (Q3FY25) from 5.15% as it benefited from cutting the savings account deposit rate by 50 basis points (bps) to 3% for balances under ₹5 lakh in October. Hence, the bank could marginally increase its net interest margin (NIM) to 4.93% in Q3 from 4.91% in Q2 despite the pressure on yield on advances.

Subscribe to enjoy similar stories. India's early-stage consumer brands in the premium segment are eyeing international expansion much earlier in their journey this year, targeting global markets where demand for expensive products outpaces purchases back home.

LTIMindtree, India's sixth largest IT service provider at $4.4 billion revenues, is transferring artificial intelligence (AI)-driven productivity gains to clients in order to get more business as the technology becomes more pervasive across deals and clients, its top executive told ET.

Donald Trump will address the World Economic Forum’s annual meeting in Davos virtually and give it a miss in person—his glittering presidential inauguration in Washington DC will be underway just as the influential annual gathering of global movers and shakers, as well as many who fancy themselves to be, gets underway in this Swiss ski town.

More than 15,000 people are helping fight the fires across Southern California.

Subscribe to enjoy similar stories. Ankit Shah* (name changed), a 38-year-old Mumbai-based IT professional, suffers from acute shoulder pain due to a past injury and takes CBD oil (from BOHECO) to relieve pain. He shares that he only takes it on days when the pain is unbearable or on days when he hasn’t slept well.

Subscribe to enjoy similar stories. You’re standing in the elevator lobby of your 14th-floor apartment, scrolling through e-commerce deals on your phone, though you have no intention of making a purchase. A neighbour enters, and after the usual pleasantries, mentions the price at which an apartment in the building recently sold.

Subscribe to enjoy similar stories. The House of Rose, the jewellery maison, has unveiled its flagship destination in the historic Ballard Estate of Mumbai. The space houses experience spaces for international luxury watches (they have limited edition watches by Chopard and Franck Muller designed just for the Rose brand) and jewellery brands, along with a bar and a fine-dining room that can serve as a space for a pop-up or a curated dinner meet.

Jasprit Bumrah was on Saturday named in India's squad for the Champions Trophy with his availability depending on fitness, and talented opener Yashasvi Jaiswal expectedly received the nod from the selectors, who also brought back Mohammed Shami in the national fold. Bumrah had suffered back spasms during the recent Sydney Test against Australia and did not bowl on the final day at SCG.

Indian Navy is participating in a mega wargame along with naval forces from eight nations including the US and France against the backdrop of increasingly fractious geopolitical environment and China's military muscle-flexing in the Indo-Pacific. The naval exercise 'La Perouse' is underway in the straits between the Indian Ocean and the Pacific Ocean as well as Malacca, Sunda and Lombok.