E-PaperSpend News
Real money gaming sector pulling back on ads
Ad spends in India are expected to grow at a slow pace of 6% by the close of the year, touching $16-17 billion.
2 min read29 Feb 2024Kotak cautious on midcap IT stocks amid stretched valuations; prefers Cyient
Concerns linger due to stretched valuations, particularly impacting the outlook for L&T Tech, KPIT Technologies, Tata Elxsi, and Tata Technologies, said Kotak, but prefers Cyient as it stands out due to its improved business portfolio and relatively more reasonable valuations.
4 min read12 Feb 2024Pigment of hope: Paint companies find some respite as costs ease
Prices of crude-based derivatives have eased. This is good news for the margin outlook of paint and adhesive companies.
2 min read30 Jun 2023Gold rate today hits 2-month low on US debt ceiling cheer, US Fed rate hike fear
Gold rate today has immediate support placed at $1,920 levels whereas on MCX, it has support placed at ₹59,000 levels
2 min read30 May 2023DMart needs to put some zing into sales
In the March quarter (Q4FY23), while revenue grew 20% year-on-year to ₹10,337 crore, Ebitda growth has been slower at just 5.4%.
2 min read16 May 2023Can India's dash to build roads lift exports? | Mint Primer | Mint
As national elections draw near, public spending has taken an upturn in India. The government is relying on an infrastructure build-up to multiply people’s incomes and support economic growth. Paced-up highway construction has been placed in the spotlight by the Centre’s aim to construct a record 45km of highways daily in 2023-24 on an average. This would add up to 16,000km during the year, exceeding the last high of 13,298km achieved in 2020-21 at a rate of 36.4km per day. Highway construction had slowed after that, with our daily rate dropping to 29km and 24km in 2021-22 and 2022-23, respectively. Let us explore whether India's infrastructure boom can propel economic growth.
11 May 2023Havells India is not completely out of the woods yet; demand prospects blurry
Performance of the summer season, particularly May and June, remains uncertain as Q4 sales fell short of expectations due to unseasonal rains. This had an impact on air-conditioner sales and led to a higher channel inventory in Lloyd at the end of March.
1 min read4 May 2023Samsung Electronics logs worst quarterly earnings in 14 years
Samsung also blamed weakening demand for memory chips, which usually generate about half the firm's profits, and falling chip prices
2 min read27 Apr 2023Banking crisis has increased the odds of a recession, says JPMorgan's Jamie Dimon
Dimon, 67, has run JPMorgan since 2005, and is the only CEO from the 2008 financial crisis still in charge of a big bank
1 min read7 Apr 2023Tesla's 50% discount in China creates ‘havoc’ in the market
Tesla Inc. triggered a price war in China that’s poised to reshape the world’s biggest car market, with hefty discounts threatening to drive some automakers out of business.
4 min read23 Mar 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared