'It has remained around 38 per cent over the past four to five quarters.'

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).

Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).

A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.

India's export of fuels like diesel to the European Union jumped 58 per cent in the first three quarters of 2024, with a bulk of them likely coming from refining discounted Russian oil, according to a monthly tracker report. The EU/G7 countries in December 2022 introduced a price cap and an embargo on the imports of Russian crude oil in a bid to cripple Kremlin's revenue and create a vacuum in its funding for the invasion of Ukraine.

'The problem is that the bubble may not only be in valuations, but also in investors' minds.'

Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.

The National Institute of Design (NID) is inviting applications for Design Aptitude Test (DAT) for its Bachelor of Design (BDes) and Master of Design (MDes) programmes.

In “India Conquered”, Jon Wilson demystifies the British rule in India

Geetha Vazhachal, tribal chieftain, talks about life in her ooru and how the Athirapally Hydel Project will impact the lives of tribals forever

In her new avatar, graphic artist Simi Raghavan finds herself as a successful illustrator of colouring books for adults

After co-working spaces, co-living is the new buzzword.

Art galleries brace up to face the heat of demonetisation, as buyers tighten their purse strings

Eighteen students from the city are taking part in the Tournament of Champions at Yale University