First week figures revealed for Glasgow drug consumption room

First week figures revealed for Glasgow drug consumption room

More than 130 people used the UK’s first drug consumption clinic in the facility’s first week. The Safer Drugs Consumption Facility in Glasgow opened on 13 January, letting people take substances under supervision. Cllr Allan Casey, the city convener for addiction services, said it had been an “intense first week” for staff, with 131 users. … Read more

‘Cut taxes for them…’: Finance analyst on how India can grow faster in 2025

‘Cut taxes for them…’: Finance analyst on how India can grow faster in 2025

Union Budget 2025: Amid the calls for tax relief to common taxpayers by relaxing the tax slabs in the upcoming Budget, finance analyst and Wisdom Hatch founder Akshat Shrivastava stated that the government should consider offering significant tax relief to middle-class taxpayers to boost the economy. Highlighting the current world situation vis-a-vis India, Shrivastava noted … Read more

Financials and renewables are the next big bets, says Nilesh Shah

Financials and renewables are the next big bets, says Nilesh Shah

“When we look at their growth and add it up, I believe consumer demand is still growing. Consumption patterns are shifting—some categories are mature, while others are emerging. This growth is fueled by aspirational India, and as investors, we need to identify those emerging categories and opportunities,” says Nilesh Shah, Envision Capital. ET Now: It … Read more

Still bullish on India; consumption remains cornerstone for India story: Jonathan Schiessl

Still bullish on India; consumption remains cornerstone for India story: Jonathan Schiessl

“I think broadly speaking, the market does offer a lot from a consumption perspective. So, multiple sectors and it is a very exciting space and has been for some time,” says Jonathan Schiessl, Westminster Asset Management.Wanted your take regarding consumption as a basket? Now, overall demographics of India are quite strong right now and rural … Read more

UK’s first drugs consumption room to open in October

UK’s first drugs consumption room to open in October

The UK’s first official consumption room for illegal drugs including heroin and cocaine will open in Glasgow on 21 October. The Safer Drugs Consumption Facility on Hunter Street in the city’s east end will accommodate up to 30 service users at a time. People will be able to consume illegal drugs under the supervision of … Read more

Budget will revolve around growth, employment generation & boosting consumption: Keki Mistry

Budget will revolve around growth, employment generation & boosting consumption: Keki Mistry

Keki Mistry, Former VC & CEO, HDFC, says his experience over the years not only in India but in many other countries globally, is that when the tax rate is reduced, compliance is improved significantly and there is a greater urge to work and earn more income. So, a reduction in tax rates, whether it … Read more

‘T.N.’s energy consumption reachs a new peak of 430.13 million units’

‘T.N.’s energy consumption reachs a new peak of 430.13 million units’

Thangam Thennarasu | Photo Credit: R. RAGU Electricity, Finance and Human Resources Management Minister Thangam Thennarasu said the State’s energy consumption had reached a new peak of 430.13 million units on Tuesday. In a post on X (formerly Twitter), he said the power supply had been smooth and arrangements had been made to meet any … Read more

If India grows @6-7%, can ITC grow 14-15%? Here’s what Sanjiv Puri has to say

If India grows @6-7%, can ITC grow 14-15%?  Here’s what Sanjiv Puri has to say

Sanjiv Puri, CMD, ITC, says the Indian economy and even rural India has been very resilient. The infrastructure that has been created, the connectivity, focus on housing and digitisation, the direct benefit transfer and stuff like free food grain distribution are some of the very important steps taken in terms of the investment in the … Read more

HSBC picks banking, consumption, IT as top investment themes for 2024

HSBC picks banking, consumption, IT as top investment themes for 2024

India is undergoing an industrial renaissance and the country is the most promising structural growth story in Asia over the next decade, an HSBC Global Private Banking release said on Wednesday, quoting HSBC’s Chief Investment Officer (CIO) James Cheo. Cheo has picked Indian banks, consumer discretionary and IT companies as his top bets in the … Read more