CATEGORIES

Global mkt: Stocks, Treasury yields gain as US votes

World stocks rose and Treasury yields rebounded on Tuesday while an index of market volatility retreated, as markets awaited early indications of the outcome of a knife-edge US election, with only currency markets showing some jitters.

Upper-teens EPS growth likely for Gland Pharma in next two financial yrs

Gland Pharma's Q2FY25 results beat muted expectations, with upper-teens EPS growth projected over the next two financial years despite a slowdown in US sales and temporary issues at its Cenexi subsidiary.

Sagility India IPO booked 22% on Day 1

The initial public offering (IPO) of Sagility India Ltd, a technology-enabled services provider in the health care space, received 22 per cent subscription on the first day of bidding on Tuesday.

Record FPI exodus throws a shadow on stock markets

Foreign investors are souring on India's stock market, selling a record amount of shares amid signs the South Asian nation's post-pandemic economic boom is losing steam.

Govt may divest 2.5% in HZL through OFS

The Centre is planning to sell 2.5 per cent of the total share capital of Hindustan Zinc Ltd (HZL) through an offer for sale (OFS) on Wednesday and Thursday for ₹505 per share.

MFs told to disclose expense of direct, regular plans separately

The Securities and Exchange Board of India (Sebi) has made it mandatory for mutual fund (MF) houses to give separate disclosures for direct and regular plan schemes in their half-yearly financial results.

The 'disruptive' feminist

If, as a woman, you've tried to assert yourself in a situation, platformed your viewpoint, shared your unease at something, or taken offense at one thing or the other, chances are that you've heard the following statements or their variations: \"Be a sport, yaar!\" \"Why spoil the fun, man?!\" \"You're taking everything too literally.\"

Climate of denial

Mobilising private capital will be challenging

Employment by contract

Contractualisation is affecting employment quality

Underwhelming economics Nobel

The three winners this year explain little that we didn't already know. What they don't reveal would fill an encyclopedia

Carbon debt: An unjust load on Global South

On the recommendation of Ed Conway, the author of the deservingly highly acclaimed book, The Material World, I purchased More and More and More: An all-consuming history of energy by Jean-Baptiste Fressoz.

Decoding US presidential election

In the United States, a candidate becomes president not by winning a majority of the national popular vote but through a system called the Electoral College, which allots electoral votes to the 50 states and the District of Columbia based on their population. Here are some of the rules:

Saudi Aramco keeps $31 bn payout despite lower profit

Aramco held its quarterly dividend at $31 billion, despite lower profit, as Saudi Arabia's multitrillion-dollar economic transformation plans widen the budget deficit.

Count me in, count me out: US elections on razor edge

The dizzying presidential contest between Republican Donald Trump and Democrat Kamala Harris hurtled towards an uncertain finish on Tuesday as millions of Americans headed to the polls to choose between two sharply different visions for the country.

Chinese red tape leaves major deals in limbo

'Can pull off economic recovery'

Boeing workers vote to accept new deal

Boeing's US West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.

LOCAL SCHEME, VOCAL DEBATE

Detractors say schemes like MPLAD seriously erode the notion of separation of powers as the legislator directly becomes the executive while implementing them

Parliament winter session from Nov 25

The Winter session of Parliament is scheduled to begin on November 25 and continue till December 20, Parliamentary Affairs Minister Kiren Rijiju said on Tuesday.

India makes formal bid to host 2036 Olympics

India has submitted a letter of intent, expressing its desire to host the 2036 Olympic and Paralympic Games, to the International Olympic Committee's Future Host Commission, taking the first concrete step in an ambitious plan after months of informal dialogue with the IOC.

'Treat all equally': SC junks ruling against UP madrassas

CJI-led Bench says 2004 law doesn't violate principle of secularism

Political space given to extremists: EAM

External Affairs Minister S Jaishankar on Tuesday took a strong exception to the Hindu temple incident in Brampton and said it tells in a way the \"political space\" which is being given to \"extremist forces\" in Canada.

Titan profit falls 23% on Customs duty cut

Titan Company's net profit in the second quarter this financial year (FY25) fell 23.1 per cent due to Customs duty reduction.

JK Tyre profit drops for first time in 2 years

JK Tyre & Industries reported its first quarterly profit fall in two years on Tuesday, hurt by weak tyre sales to car, bus and truck makers.

DRL reports 9% decline in PAT

Hyderabad-based Dr Reddy's Laboratories (DRL) posted a 9.5 per cent year-on-year (Y-o-Y) decline in its consolidated profit after tax (PAT) at ₹1,341.9 crore for Q2FY25, while clocking in its highest-ever revenue from operations during the period, which were up by 16.5 per cent to ₹8,016.1 crore.

Berger Paints posts flat revenues amid prolonged rainfall

Coatings major Berger Paints India on Tuesday reported a 7.6 per cent decline in consolidated net profit to ₹270 crore for the second quarter of the financial year 2024-25.

Oil India net rises 3.8x on low base

State-owned Oil India Limited consolidated net profit rose 3.79 times, attributable to the owners of the company for the second quarter of FY25.

Standalone health insurers' share in retail segment zooms

The share of standalone health insurers (SAHIs) in the retail health insurance segment rose to 57 per cent of the Gross Direct Premium Income (GDPI) worth nearly ₹18,000 crore in the April-August period of FY25.

Bharat Connect clocked ₹1 trn in transaction value in Oct

Bill payments platform Bharat Connect processed transactions totaling ₹1 trillion in October, recording 239.31 million transactions.

NARCL looks to acquire over ₹2,800 crore of stressed loans

Emerges frontrunner to buy NPAs in Bareilly Highways, Mumbai Metro One

Manappuram Finance profit rises 2%

Gold loan company Manappuram Finance's (MFL) consolidated net profit rose by just 2 per cent year-on-year (Y-o-Y) to ₹572.1 crore in Q2FY25 amid a sharp rise in provisions related to impairment of financial instruments.