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.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
UN: Iran Defies Pressure, Increases Uranium Stockpile
Uranium enriched at 60 pc purity is just a short, technical step away from weapons-grade levels of 90 pc
India has achieved 200 Gigawatts of renewable energy: PM
Speaking at the G-20 Summit on Sustainable Development and Energy Transition in Rio, Prime Minister Narendra Modi on Wednesday said that India has achieved 200 Gigawatts of renewable energy out of the target of 500 Gigawatts by 2030.
PM arrives in Guyana after attending G20 Summit
Prime Minister Narendra Modi arrived in Guyana from Brazil on Wednesday on the last leg of his three-nation tour.
HC grants bail to suspended TMC leader Kuntal Ghosh
A single-judge Bench of the Calcutta High Court, on Wednesday, granted conditional bail to the suspended youth Trinamul Congress leader Kuntal Ghosh who was arrested by the Enforcement Directorate (ED) in January 2023 in connection with the cash-for-school job case.
Bengal PDS case: ED seeks report on medical condition of jailed former minister
Enforcement Directorate (ED) has sought reports from the West Bengal Correction Services Department about the medical conditions of the former West Bengal minister Jyoti Priya Mallick who was arrested by the ED official last year in connection with the multi-crore ration distribution case, currently admitted at a private hospital in Kolkata Sources said that ED has also sought clarifications from the correctional home authorities about the central agency was not informed about the former minister's hospitalisation on the very day he was admitted there.
Parting shot
The outgoing Biden Administration's authorisation for Ukraine to carry out long-range missile strikes against Russian targets using US weaponry signals a significant escalation in the on-going conflict.
ADB approves 200 million USD loan to Sri Lanka
The move included an improved early warning system to identify banks' weakening processes and introduce corrective actions, the Manilabased bank said.
NPG evaluates 228 projects of ₹15.89 lakh crore so far: Govt report
Out of these 228 projects, the number of projects falling under different ministries are MNRE (10), MOHUA (12), MOPNG (4), MoPSW (3), MOR (85), MORTH (108), NICDC (12), MOCA (3).
Partition's lingering echoes
This searing book of a minority population is timely, with yet another report of maltreatment of Hindus in Bangladesh after the overthrow of the Awami League regime this year.
Inside the crossroads of power
Woodward became famous for his exposes on the Nixon Watergate scandal in 1972, and has published many books since then.