DEMAND DEFINITION
Here's why Siddhartha Khemka is bullish on real estate sector
Lot of sectors are dependent on the rural sector and with the monsoon season this year being good and the upcoming festive season, we believe that could lead to a big demand for a whole host of sectors including the consumers, the durables, the automobiles, the agri-related sectors and that should kind of drive the earnings growth for the remaining part of the year.
AIMPLB demand withdrawal of Waqf Amendment Bill, calls it a "conspiracy"
The All India Muslim Personal Law Board, along with key Muslim organizations, called for the withdrawal of the proposed Waqf Amendment Bill. They cited concerns over increased non-Muslim representation in Waqf Boards, altered trustee roles, and a shift in dispute resolution, potentially threatening Waqf properties' protection.
FMCG players expect volume trends to sustain amid rising demand in rural markets
FMCG firms reported rural demand resurgence and strong e-commerce growth, especially through quick commerce, in the June quarter. Companies like HUL, ITC, and Dabur, despite high food inflation, are optimistic about future growth due to favorable monsoons and government policies boosting the rural economy. Traditional urban channels showed some slowdown.
Toyota bets big on hybrid-only models as EV demand slows
Toyota, historically slow in developing electric vehicles (EVs), is considering transitioning most of its lineup to hybrid-only models. This shift follows decades of hybrid innovation, with Toyota aiming to phase out gasoline-only vehicles, reflecting its commitment to hybrids alongside its EV and alternative energy strategies.
No respite for Chinese officials as economy shows new signs of weakness
China's economic performance in July raised concerns for 2024, as new bank loans hit a 15-year low and key indicators showed weakening export growth and factory activity. With domestic demand sluggish and a fragile recovery, economists predict the 5% growth target may be missed, highlighting the need for stronger stimulus measures.
As the Indian economy grows, a new definition of defensive stocks is required? 8 stocks from 2 sectors with upside potential up to 31%
On two significant days, first the election results on June 4th and second, last Monday, when there was a sharp sell off in global markets, on both the days, while Nifty and broader market was under severe pressure, it was FMCG stocks, which were able register gains. Explanation was the same old, that money is moving to defensive stocks. While moving to defensive stocks trade which has been taking place for some time. But there is a fundamental question. Given the fact that the Indian economy has changed and new sectors have emerged, whose growth is better and also stable, should FMCG stocks be considered defensive stocks ? The reason why it is important to understand this is the fact that over the next few quarters volatility might be high and there will be phases where this defensive stock trade might come and one should be prepared for it. Also their numbers are clearly indicating that time to make a shift has come.
- Go To Page 1
Srinagar: Parties demand immediate assembly polls in J-K during meeting with EC
The EC delegation also comprising election commissioners Gyanesh Kumar and S S Sandhu was here on a three-day visit to review the preparedness for assembly polls in Jammu and Kashmir and take feedback from political parties. Talking to reporters after party-wise meetings with the poll panel's delegation, political leaders said they were unanimous in their demand for immediate assembly elections in the Union Territory (UT).
Our focus remains to increase PNG penetration: Ashu Shinghal, Mahanagar Gas
So, those states will be benefited, but there will be some segments where the total input tax credit is not available, so there maybe the tax rate will be very critical to see at what rate GST will be applied on the gas.
Reconsider capital gains tax hike: AMFI releases 6-point demand before Nirmala Sitharaman
AMFI released a six-point budget feedback, requesting changes such as reinstating previous capital gains tax rates and reducing tax on debt mutual funds. They argued that recent tax amendments would deter investors and harm market participation, urging the Finance Ministry for reconsideration to support investment growth.
MGNREGS work demand not directly correlated to rural distress: Economic Survey
Kerala and Tamil Nadu utilize more MGNREGS funds despite having fewer poor, unlike Bihar and UP. No link with unemployment rates. Institutional capacity, fund leakages, ad-hoc wages, and misappropriations affect MGNREGS. Issues include unemployment allowance, demand registration discrepancies. Central government funds wages. Social Accountability Forum raises transparency and accountability concerns.
Good set of numbers for Infosys; may lead to revision in valuations: Omkar Tanksale
The headcount is still on the negative side, so they are not hiring aggressively as during the COVID times and the attrition is still being moderated.
Outlook for Q2 looking strong; potential for double digit volume growth in FY-25: Amit Syngle, Asian Paints
We are also seeing that from the point of view of quarter two, the institutional sales as I mentioned and also some part of the industrial sales is something which we see an uptick.
AI's insatiable energy use drives electricity demands
AI data centres have a big appetite for electricity. The so-called graphic processing units, or GPUs, used to train large language models and respond to ChatGPT queries, require more energy than your average microchip and give off more heat.
Amid demand slowdown, EVs plug into PE recharging infrastructure
Private equity firms are increasing investments in India's electric two- and three-wheeler industry amidst a slowdown in electric passenger vehicle sales. Total funding in the first half of 2024 reached $754 million. Electric two-wheeler sales are on the rise, but electric passenger vehicle sales have declined. Challenges such as range anxiety and inadequate charging infrastructure persist.
Numero uno: How GCCs raced to pole position in hiring stakes
Global capability centres (GCCs) were the top hirers of tech talent in the first quarter of FY25, beating out IT services firms for the first time. This is in line with global companies setting up their innovation centres in India. Data shows that GCC hiring demand was up 46% in Q1.
Hindustan Copper may exceed capex target of Rs 350 cr this fiscal year
Hindustan Copper Ltd will likely exceed its Rs 350 crore capex target this year, repeating last year’s success. The company’s expansion includes Rakha mine projects, driven by double-digit demand growth in key sectors. Under Ministry of Mines control, India's low per capita copper consumption boosts potential. It produces and markets copper concentrate, cathodes, and continuous cast rods.
GST inclusion may double natural gas demand in seven years: Sanjay Kumar, GAIL
We are also hearing this that the excise duty on CNG may be considered for rationalisation by government because the other tax that is there on CNG is basically state VAT.
Want to make a mid-career switch to manufacturing? In-demand roles, skills, and more
Fuelled by advanced technologies and automation, Indian manufacturing grows. Mid-career roles demand data analysis, Python, AI, leadership, supply chain, project management, and data science skills. Salaries vary; recommended upskilling includes UAV pilot training, maintenance, and repair. Emotional intelligence is vital. Freelance opportunities rise, notably in the UAV sector, emphasizing technology.
Expect 8-10% industry volume growth for FY-25: Mohan Bangur, Shree Cement
So, in the next three quarters, the demand has to meet around 9% to 10% to make up for the lost time. In the first quarter, there were elections, there were water shortage, uncertainty of election results were there, now all those is over.
FMCG is “passe”: Indian economy has a new definition of defensive stocks: 8 stocks from 2 sectors with upside scope of up to 37%
On the day of election results were announced and the whole stock market melted, stocks from one sector were able to gain, that was FMCG. Many theories were floated about why they are doing well. Right from them being defensive stocks to that focus would not shift from investment to consumption. But close to a month down the line, all those stocks are once again in the under performance mode. The fact is before deciding on whether the stocks are defensive or not, some questions need to be asked. A stock which was a defensive stock in 1994 when the Indian economy was just opening is still a defensive stock even in 2024 when we are a whole different economy with different needs and consumption patterns.
Going forward, expect good growth from Aadifidelis Solutions: Shikhar Aggarwal, BLS International
Shikhar Aggarwal, Joint MD, BLS International Services talks about inclusion in Nifty tourism index, synergies from buying stake in Aadifidelis Solutions and more. Aggarwal also discusses the major contract renewals which are expected in the next six to nine months. He also says that in one, one-and-a-half years, multiple contracts are expected from European and North American markets
Unprecedented AC demand forces makers to airlift components from abroad
Air-conditioning manufacturers in India are facing a surge in demand due to a relentless heatwave, leading to emergency airlifting of components like compressors and circuit boards from global suppliers. Prices are increasing by 4-5%, driven by metal cost hikes. Installations are delayed due to overwhelmed service networks. Industry players, caught off guard by a 50% growth in sales, are grappling with shortages and unexpected demand spikes.
Brewtiful game! let's get the b̶a̶l̶l̶ beer rolling
An estimated 2.7 million people are expected to visit Germany for Euro. And, the mantle of giving the German beer industry the much-needed boost seems to falling to the 800,000 British fans, including 100,000 to 200,000 Scots. Devour millions and millions of steins of lager, is what, official sponsor Bitburger and the local brewers are urging them to. The 2006 World Cup too helped beer sales rise 5 per cent in Germany, which had hosted the tournament.
What to expect from largecap private banks going ahead? Sandip Sabharwal answers
So, overall demand-supply outlook over the next couple of years does not look so good because supply increases are very rapid, demand increase has been subdued and companies have been unable to increase prices.
Rural demand as healthy as urban demand for SUVs: Tarun Garg, Hyundai Motor India
I have been in the industry for 30 years and we had always imagined that the rural customers would prefer smaller cars but there also aspirations are taking over. And also the second thing is that because the infrastructure has really improved and also the dissemination of information has really improved, the aspirations of the rural customers are also shifting them towards SUVs.
Holiday home demand tapers off as rentals fall
Goa is becoming a first-home market with interest from businessmen and startup founders. Luxury second homes are in demand, especially in locations like Porvorim. Coonoor Estates is developing high-end luxury homes for buyers looking to settle down.
In first 50 days of FY25, demand has increased by 13-14%: SN Goel, IEX
SN Goel discusses the positive factors for FY25, including high demand, improved coal supply, and lower prices. The market is expected to see growth driven by increased liquidity and policy initiatives. Goel further says , this year market share will be around 85% plus. And in the DAM and RTM market, they have about 99% plus market share.
V-Mart expects to grow 18-19% this year, says Lalit Agarwal
Lalit Agarwal, Founder & MD of V-Mart Retail, aims for 18-19% growth in a value-driven retail sector. Improved footfalls and consumer demand in smaller towns are observed. Efforts focus on providing best products, prices, and catering to Gen Z preferences. The Limeroad acquisition's impact on online burn and future scale-up plans are under scrutiny.
Indian senior living segment to grow by 5x by 2030
According to demographic projections, the median age of the country is zexpected to increase from 29 to 38 by 2050, along with a rise in the proportion of aged people (above 60 years) from 11% in 2024 to 21% in 2050. India, in particular, is expected to witness a significant surge in demand for senior care and housing facilities, owing to its 17% share of the 2.1 billion people aged 60 years and above globally, in the next three decades.
Load More
