ETSA’s ‘Comeback Kid’ category winner Rentomojo’s founder Geetansh Bamania talks about weathering storm. Rentomojo turned profitable in FY23, and has stood out among competitors that have faced difficulties in making unit economics work in a sector — that Bamania says is akin to "trekking and not a marathon" because of the depth of the industry.
This Diwali, consumers may face higher costs for gift hampers as prices of dry fruits and chocolates have surged. An ET study reveals a 14% average increase in prices due to lower supply and rising cocoa costs. Industry executives fear this inflation could dampen consumer demand during the festive season.
India is leading growth among G20 countries, with the OECD raising its growth forecast to 6.7% for FY25 and 6.8% for FY26. Chief economist Álvaro Pereira highlights India's strong domestic demand and significant reforms as key drivers, urging continued improvements in business climate and skills.
Investing fresh money in the market? Or taking a relook at your portfolio to decide what to keep and what to sell? Remember this: Delink the Nifty’s movement from your portfolio. The Nifty touching a new high does not mean your portfolio also scales a new high. The reason is simple. It is not necessary that, in the short term, the mid-cap stocks in your portfolio are also moving higher. In fact, they could be under correction, and you may even feel you made a wrong decision in the past. Look instead at the underlying business. Читать дальше...
Select stocks gain momentum even in volatile markets.
It is often said the market tends to revert to its mean. That is about the stock market moving down to catch up on its averages, But in the last few years, the scenario has been different. The market moves to a new high, stays in range-bound mode, and then moves higher – making a new mean higher than the previous one. There will be phases when the markets will correct, and if one is looking to deploy fresh money, it would be better to put a major chunk into large-caps as there is still valuation catch-up which is likely to happen in this space.
Dhupar believes India is witnessing a growing adoption of accelerated computing infrastructure but needs more investments. To compete effectively in the AI race and become an AI powerhouse, India must invest heavily in building its computing capabilities, including servers, storage, and networking, he says.
French food catering firm Sodexo is exploring a potential acquisition of its U.S. rival Aramark, according to Bloomberg News. The discussions have been ongoing for months but may face antitrust scrutiny. Aramark has a market capitalization of over $9.8 billion. Both companies declined to comment on the report.
Reigning VP Kamala Harris has now accused Donald Trump for his economic plans, that could easily place the Americans into a major recession, leading to the devastation of the US economy. This is something bold that Harris has said after so long against Trump, and has tried to place her facts and figures around the same issue.
Havells India Ltd has broken out of a three-month consolidation phase, reaching a new record high in September. Experts suggest that the stock's rally is likely to continue, with short-term traders advised to target Rs 2,280 within the next 1-2 months. The stock is trading above key moving averages and shows bullish indicators.
Donald Trump's attempts at playing the fear card among the American population often works well, and this time, the same strategy worked incredibly well during his campaign stop in Pennsylvania, where he met farmers in a barn and talked to them for a long time about the leading concerns around farming practices in America
Donald Trump has been known to often post unproven and baseless claims on his Truth Social handle and this time too, he has not hesitated to post a claim where it states that a MAGA supporters' nail stylist' cousin is being paid a whopping $700 every week to participate in protests against Donald Trump and root for Kamala Harris.
Donald Trump's campaign has been briefed by the US intelligence officials over alleged Iranian threats, as per reports.
The US elections intensity is increasing with every passing day, and now the latest polls that are coming in, clearly suggest that Donald Trump is gradually gaining stronghold among Hispanic voters, and Kamala Harris is falling behind in some of the major US states. Here's what you should know about the current state of the US election race.
