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ITC, Godfrey Phillips, VST: What analysts expect from cigarette stocks in Q2 after new tax regime | Best stock to buy?
According to analysts, with companies now having more time to implement price increases and pass on higher taxes to consumers, some sequential improvement in margins in Q2 FY27 is expected.
Global Market: European stocks edge up; Schneider plunges after PTC deal
European shares edged 0.2% higher, recovering from last week’s losses, while French stocks fell amid growing fiscal concerns. The CAC 40 dropped 0.8%, pressured by Schneider Electric’s sharp decline after its $22.6 billion PTC deal. Investors also tracked softer US jobs data, bond yields, inflation risks and political…
Spain PM Calls Early Election After Housing Crisis Defeat
Spain has been operating under its 2023 budget, the last national spending plan passed by Sanchez's government, for several years.
12% Agniveer Quota, Green Tax On Older Vehicles: Himanta Sarma's Big Decisions
The Agniveer quota will cover recruitment to Assam Police AB (Armed Branch) and UB (Unarmed Branch) constable posts, commando personnel, jail warders, firemen, SDRF constables, forest guards and excise constables.
SRK's net worth is Rs 12,000 crore which is 4x times more than Salman, Aamir, Akshay, says analyst
JS Khepar's evaluation reveals the staggering net worths of Bollywood's finest, with Shah Rukh Khan reigning supreme. Salman Khan's wealth hovers between Rs 3,000 crore and Rs 3,200 crore, while Akshay Kumar is valued at approximately Rs 2,700 crore to Rs 2,800 crore. Aamir Khan's finances stand between Rs 1,900 crore…
Wyoming couple's tyre-built Earthship listed for $625,000 after 15 years
A Wyoming Earthship built from 1,343 tyres in 2011 is now listed for $625,000. The 1,500-square-foot off-grid home sits on 55.13 acres and includes solar power, a wind turbine, rainwater collection and a 66-foot greenhouse.
Wyoming couple built off-grid home from 1,343 tyres; now listed for $625,000
A Wyoming Earthship built from 1,343 tyres in 2011 is now listed for $625,000. The 1,500-square-foot off-grid home sits on 55.13 acres and includes solar power, a wind turbine, rainwater collection and a 66-foot greenhouse.
Michael Burry urges Wall Street to block OpenAI, Anthropic IPOs, warns of ‘trillions’
Michael Burry has voiced his skepticism about the upcoming IPOs of AI firms OpenAI and Anthropic, warning that these public offerings could trigger severe financial setbacks and erosion of capital. He contends that the level of funding for these companies does not match their established fiscal stability. Burry's…
RBI To Hike Repo Rate In October, External Environment 'Unforgiving' For India: HSBC's Pranjul Bhandari
Pranjul Bhandari said the RBI should not wait until December to act and should combine a rate hike with measures to absorb surplus liquidity from the financial system.
RBI Rate Hike Debate: Inflation and crude fuel calls for October move; but what about growth costs?
To begin with, the inflation trajectory, at least until now, has largely tracked the RBI's own projected path. Unless crude prices durably reset the RBI's forward expected inflation trajectory, it is difficult to justify a hike now that the RBI itself did not deem necessary when it published its August projections…
US Market: Fed’s Hammack says jobs data gives time to assess rate path
Federal Reserve officials have signalled they have time to assess incoming economic data before making further changes to interest rates. Cleveland Fed President Beth Hammack said September’s weak employment report was broadly consistent with recent labour-market trends. With hiring slowing but remaining stable and…
Goolsbee says steady jobs market keeps inflation as Fed priority
Chicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the bigger policy concern. He said the Fed’s options remain open and policymakers need stronger evidence that inflation is moving sustainably toward the 2% target before deciding rates.