Zomato stock beats peers with 2.6x run; analysts still upbeat

ZOMATO HAS OUTPACED gains in all the world's major delivery stocks over the past year, sending analysts scrambling to boost their outlooks for the Indian company as its profitability improves.

West Asia tensions push key indices to two-week low

FIIs continue to withdraw, sell shares worth 3,268 crore

Above-normal monsoon forecast boosts FMCG firms' rural hopes

THE PREDICTION OF good rains this year could spur rural recovery, fast-moving consumer goods (FMCG) companies said on Monday after the India Meteorological Department (IMD) forecast an above-normal monsoon this year.

Tesla scouting for showroom space in Delhi, Mumbai

US ELECTRIC CARMAKER Tesla is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions said.

Ola becomes first EV maker to beat legacy petrol player

OLA ELECTRIC HAS become the first EV startup to clock more sales in a month than a legacy petrol twowheeler player, highlighting the rising trend of EV adoption.

Apple faces worst iPhone slump since pandemic

APPLE'S IPHONE SHIPMENTS slid a worse-than-projected nearly 10% in the quarter ended in March, reflecting flagging sales in China despite a broader smartphone industry rebound.

Tesla to fire over 10% staff amid slow demand

TESLA IS SLASHING headcount by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the carmaker struggles with slowing demand for electric vehicles.

Europe, US ramp up calls for restraint after attack

EUROPEAN AND US officials increased their calls for Israel to restrain its response to Iran's drone and missile attack, in a bid to allay a wider military conflict.

Crude at $100 likely to push CPI by 60 bps, delay rate cut

THE PROBABILITY OF Brent crude price touching $100 a barrel in the backdrop of escalation of tensions in West Asia and remaining at that level in the near term could seriously alter key macro indicators.

Steps soon to mitigate export impact of W Asia conflict

Impact of the Iran-Israel conflict on trade would be huge if the situation escalates

Goods exports down 3.1% in FY24; prospects mixed

INDIA'S MERCHANDISE EXPORTS contracted 3.1% year on year in 2023-24 while imports shrank 5.3%, though the later months of the e year saw a pick-up in the twoway shipments.

Byju's India CEO resigns

Raveendran back in charge of daily ops

IMD showers good news

Says 90% chance of normal-to-excess rains

Electric 2W sales crash

THE WITHDRAWAL OF subsidies under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II scheme has led to a sharp fall in the average daily sales of electric two-wheelers (e2Ws).

Cyclicals to drive Q4 earnings growth

CAPITAL MARKETS SIGNED off the previous fiscal with stellar 29%, 60% and 70% returns for the Nifty, Nifty Midcap 100 and Nifty Smallcap 100, respectively. India's market cap reached $4.4 trillion, making it the fifth largest in the world.

The blistering pace at Blinkit

AD REVENUES WILL BE THE CORNERSTONE OF LONG-TERM PROFITABILITY FOR QC PLAYERS SINCE DIGITAL ADS ON E-COMM OR QC PLATFORMS ARE MORE EASILY TRACKED

When Musk lands in India, the red carpet for Tesla and a few red flags

WHEN TESLA CHIEF Elon Musk is expected to land in India. later this month to announce his electric vehicle (EV) investment plans, he will wish for a red carpet no doubt - but there will also be a few red flags in the wings.

Development-starved Bastar still fights Naxal shadow

CHHATTISGARH'S BASTAR IS set to be the state's sole seat going to polls in the first phase on April 19 owing to Maoist violence already this year, left-wing extremism (LWE) has claimed 74 lives till April. Of the 74 killed, 50 were Maoists, which is more than twice the number across 2023, when 24 insurgents were killed.

Learning from Silicon Valley gurus

Emeritus to start Global Executive Immersion in Silicon Valley for Indian CXOs, on April 26

'Warranty of jumlas': Oppn parties slam BJP manifesto

THE OPPOSITION PARTIES on Sunday dismissed the BJP's Lok Sabha poll manifesto 'Modi ki Guarantee' - as a \"jumla patra (full of rhetoric)\", and demanded that the party explain what happened with the promises it made in past elections.

Go for a blend of active & passive large-cap funds for optimal returns

During a broad-based market rally, active funds perform well

Longer route to Europe may push up airfares

THEATTACK by Iran on Israel is likely to push up airfares from India to Europe and the UK by 25-30%, travel industry experts said.

India calls for 'immediate de-escalation'

WITHIN HOURS of Iran's attack on Israel, India expressed \"serious concern\" at the escalation of hostilities between the two and called for \"immediate de-escalation\".

W Asia enters dangerous phase

Iran launches attack over suspected Israeli strike on its consulate in Syria

PSBs' fresh slippages in FY25 may be lower than pvt peers

PUBLIC SECTOR BANKS (PSBS) are likely to report lower fresh slippages ratio than private banks in FY25, experts said. Slippages essentially denote fresh bad loans.

First time in two decades, no devolvement of G-Sec auctions

HIGH DEMAND SOFTENS YIELD IN FY24

Dixon revenue in FY24 seen to have risen 50%

DOMESTIC CONTRACT MANUFACTURER Dixon Technologies' revenue from operations is expected to have risen to around ₹18,000 crore in FY24, which is a near 50% year-on-year (YoY) growth, according to people in the know.

Shrinking packs on comeback spree

AS INPUT PRICES, which were benign for a few quarters, turn inflationary, the spectre of shrinking| packs looms large within the fastmoving consumer goods (FMCG) segment.

Automakers, energy majors unite for EV push

THE FIRST TWO weeks of April witnessed a flurry of strategic partnerships and investments aimed at bolstering India's electric vehicle (EV) manufacturing capabilities and charging infrastructure.

Reduced compliance burden for MSMEs

THE BJP ON Sunday promised to create a 'robust and easy' digital credit solution and reduced compliance burden for small traders and micro, small, and medium enterprises (MSMEs), as it seeks to retain power in the upcoming polls.