The new Labour government in the UK set out its legislative priorities today after winning a landslide election on July 4. At the official state opening of parliament, King Charles III read a speech outlining the bills that Prime Minister Keir Starmer’s government will attempt to pass over the coming months and years. There were … Read more
Shibani Sircar Kurian, Senior EVP, Sr. Fund Manager & Head -Equity Research, Kotak Mahindra AMC, says from a market perspective, the earnings trajectory for FY25 and FY26 are still fairly intact, and mid-teens earnings growth in the context of almost 24% earnings growth for Nifty last year which is FY24 is a very good outcome. … Read more
Discontent is brewing across the country, with opposition particularly strong in areas known as the “green belt,” swaths of countryside designated to prevent urban sprawl. Labour is well-aware the party’s plan to make it easier to build data centers risks causing conflict between developers and locals, according to two people with knowledge of internal party … Read more
Sales of commercial vehicles – a barometer of economic activity – surpassed expectations last quarter driven by strong replacement demand and continued government spending on infrastructure. As per industry estimates, more than 234,000 trucks and buses were sold in the local market in the three months ended June, a 4.5% rise from 224,000 vehicles sold … Read more
“The Modi Government has consistently focussed on Infrastructure, Atmnanirbhar Bharat and digitisation which will continue to see higher focus in Budget 2024,” says Sandeep Raina, Executive Vice President- Research, Nuvama Professional Clients Group. In an interview with ETMarkets, Raina said: “We expect some minor volatility in 2H2024; however, it will likely be a stock picker’s … Read more
The UK has experienced some of its hottest temperatures of the year so far this week, with some areas seeing highs of 30C. After what was a bit of a chilly, rainy start to the year this was welcome news to lots of Brits. However, for others the heat has proved too much, sparking some … Read more
Residents in Melbourne’s northeast have complained that earplugs and noise-cancelling headphones are the state government’s answer to trains keeping them up at night. On Friday, Transport Infrastructure Minister Danny Pearson opened the new Keon Park Station in Reservoir, which is a 750m rail bridge over the road. The bridge is just metres from apartment balconies … Read more
What kind of repercussions are there if you make a mistake at work? Maybe you pump the wrong gas for a driver in New Jersey, shred the wrong screenplay and break a budding writer’s heart or accidentally use soap on the Cybertruck production line leading to a massive recall. Whatever mistake you made, it can’t … Read more
“Like you rightly pointed out rejigging the portfolio or monitoring your portfolio is an annual exercise which you always should do. But there are some periods which are more momentous from a perspective of their timing that at that point in time reviewing your portfolio, making changes makes perfect sense,” says Feroze Azeez, Deputy CEO, … Read more
A Brisbane Olympics boss has called on people to argue their case for a new stadium despite the Queensland government opposing it. However, 2032 Games organising committee CEO Cindy Hook is confident the Brisbane infrastructure rollout will be sustainable and deliver legacy impacts. Queensland Premier Steven Miles has come under fire for disregarding an independent … Read more
