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
The Animal Husbandry Department on Wednesday launched the distribution of financial assistance to dairy farmers who had lost cattle to the lumpy skin disease. Inaugurating the State-level distribution, Minister for Animal Husbandry J. Chinchurani assured the government’s full support to the farmers. Financial assistance was provided to 146 farmers on Wednesday. The distribution will be … Read more
.JPG?fit=%2C&ssl=1 "Somu Veerraju writes letter to CM about rice distribution 3")
BJP State President Somu Veerraju. | Photo Credit: G.N. Rao BJP State president Somu Veerraju demanded that the vehicles in which rice is being distributed by the Andhra Pradesh government at the doorsteps of ration card holders should display signs making clear that the scheme is sponsored by the Central government. In a letter to … Read more
Citi expects fintech major Paytm to clock sustained growth in operating profitability going ahead breaking even in the previous quarter. The global investment bank has raised the target price to Rs 1,103, implying an upside potential of 71%. Paytm is likely to report a decent fourth quarter with further improvement in net payment and overall … Read more
Stocks struggled to make headway on Wednesday, the dollar nursed losses and bonds clung to gains, as signs of a slowing U.S. labour market made investors nervous about the economic outlook, while a bigger-than-expected rate hike lifted the kiwi dollar. Asia trade was thinned by holidays in Hong Kong and China, leaving MSCI’s Asia-Pacific index … Read more
“Going forward investors need to understand which Adani companies valuation-wise make sense to hold or which to buy at the current levels,” says Neeraj Dewan, Quantum Securities How should one view Adani Group of stocks after GQG buying into these counters? A big renowned fund putting in money in the Adani Group definitely gives some … Read more
The crucial India-US Trade Policy Forum meeting is unlikely to make much progress, given the sharp differences, but would hopefully ignite trade talks between the world’s two largest democracies, according to eminent trade experts. Minister of Commerce and Industry Piyush Goyal, who is in the US on an official visit, held a series of meetings … Read more
CPI(M) activists and women from Kalluru, Pamidi and Guntakal staging a dharna, in Anantapur on Thursday. | Photo Credit: R.V.S. PRASAD The CPI(M) Anantapur district unit took out a three-day Padayatra from Guntakal to Anantapur to meet the people who were allegedly denied house sites and houses under the Pedalandariki Illu scheme and staged a … Read more
, part of the FMCG sector, is looking strong from a valuation perspective as well as from a growth point of view which makes it a preferred long-term buy, suggest experts. The FMCG stock is trading with a Mcap of over Rs 97000 cr as on 7 November. It hit a record high of Rs … Read more
The Union Health Ministry has formed a committee to frame the New Drugs, Cosmetics And Medical Devices Bill for the enactment of New Drugs, Cosmetics and Medical Devices Act. Medical device industry has asked for Medical Devices Technical Advisory Group (MDTAG) representation in Centre’s committee for framing of new drugs, cosmetics and medical devices act.The … Read more