Jefferies lowers FY25 earnings estimates for nearly 2/3rd of cos; steepest since 2020
The Statesman|November 11, 2024
Coming as its steepest downgrade ratio since 2020, Jefferies India recently lowered FY25 earnings estimates for nearly two-thirds of the companies under its coverage that have come out with September quarter results so far.
Jefferies lowers FY25 earnings estimates for nearly 2/3rd of cos; steepest since 2020

A Jefferies India note highlighted that the earnings downgrades have been a result of a cyclical slowdown in the economy, resulting in a cut of FY25 EPS estimates for 63 per cent of the 121 companies under the coverage that have reported results.

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US vetoes UN resolution demanding a cease-fire in Gaza because there's no link to a hostage release
The Statesman

US vetoes UN resolution demanding a cease-fire in Gaza because there's no link to a hostage release

The United States on Wednesday vetoed a U.N. Security Council resolution demanding an immediate cease-fire in the war in Gaza because it was not linked to an immediate release of hostages taken captive by Hamas militants in Israel in October 2023.

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1 min  |
November 22, 2024
Imran spoils for a fresh battle
The Statesman

Imran spoils for a fresh battle

Pakistan Tehreek-e-Insaf (PTI) is bracing for a confrontation on November 24 as it has called a massive rally in Islamabad demanding the release of its leader, Imran Khan.

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3 mins  |
November 22, 2024
The Statesman

Skilling Renewables

India stands at a critical juncture in its energy transition journey, aiming to achieve 500 GW of renewable capacity by 2030.

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2 mins  |
November 22, 2024
The Statesman

Democracy Dismantled

The sentencing of 45 pro-democracy campaigners in Hong Kong under its controversial National Security Law signifies a turning point in the former British colony's political and legal history.

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2 mins  |
November 22, 2024
Nuanced narratives
The Statesman

Nuanced narratives

Israel for all its questionable positions on Palestine is a rare, healthy, and thriving democracy. As the world's most sanctioned nation by the United Nations, Israel has still not allowed the international opprobrium to coalesce, and consequently to regress into a single-party nation. while there are laws that directly or indirectly discriminate against the native Arab Israelis (largest minority composing 21 per cent of the population), yet the Arabs/Palestinians in Israel have equal voting rights with political space afforded for exclusive Arab parties

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4 mins  |
November 22, 2024
The Statesman

Allegations of torture of four civilians by Army surface in Kishtwar

Allegations of torture of four civilians by the Army have surfaced in the Chas area of Kishtwar where a junior commissioned officer (JCO) of the special forces of the Indian Army was recently killed and three soldiers injured in a terrorist attack.

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1 min  |
November 22, 2024
The Statesman

Manohar Lal Khattar takes stock of power and housing sectors of Ladakh

Union Minister of Power and Housing and Urban Affairs Manohar Lal Khattar reviewed on Thursday the working of the Power and Housing Departments of the Union Territory of Ladakh.

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1 min  |
November 22, 2024
The Statesman

Four youths Working as sleeper cell Of Gogi gang, held

The Crime branch team of Delhi Police has arrested four members of the Gogi gang who were working as sleeper cells, providing support to the gangsters to carry out shootouts in the national capital.

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1 min  |
November 22, 2024
Patanjali Ayurveda College ranked among top 20 in India with A Grade
The Statesman

Patanjali Ayurveda College ranked among top 20 in India with A Grade

Patanjali Yogpeeth, a global leader in promoting yoga and Ayurveda, has achieved a remarkable milestone in AYUSH education.

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1 min  |
November 22, 2024
18th global meet on building materials from 27-29 November
The Statesman

18th global meet on building materials from 27-29 November

The 18th National Council for Cement and Building Materials (NCB) International Conference & Exhibition will be held here from 27th to 29th November.

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1 min  |
November 22, 2024