Even as raw material prices start cooling off from their peaks, fast-moving consumer goods (FMCG) companies' margins are expected to remain under pressure at least in the next quarter. This is because commodity prices continue to remain high year-on-year (YoY). Consumer companies will also continue to increase rates as they have been taking price hikes in a staggered manner. They have not yet passed the entire price increase of raw materials to consumers.
10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.
Queen Elizabeth II, who died aged 96 on Thursday, was the first British monarch to accede to the throne after India's Independence from colonial rule in 1952 and admired the 'richness and diversity' of India where she made three State Visits over the course of her reign -- in 1961, 1983 and 1997.
Queen Elizabeth II made 3 State visits to India -- in 1961, 1983 and 1997.
Veteran New Zealand batsman Ross Taylor has been dropped for the Twenty20 series against Pakistan, while Kane Williamson and Trent Boult have been recalled after they were rested for last month's series against West Indies.
Images from the first One-Day International between New Zealand and India, in Auckland, on Friday.
At the annual general meeting of Reliance Industries earlier this week, Isha Ambani, director at Reliance Retail Ventures, announced that the company is foraying into the fast-moving consumer goods (FMCG) space. But analysts say that only time will tell if this will lead to a disruption in India's FMCG market. While Reliance Retail's initial strategy is to take its own brands, which it currently sells at its own supermarkets and hypermarkets, to general trade, it is also looking at acquisitions.
Notwithstanding the inflation pinch, analysts believe the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment and discretionary purchases bounce back from the Covid-19 pandemic. "The shift in consumer preference from the unorganised sector to the organised, coupled with uptick in domestic demand as people resume work from office, will cheer the Indian retail sector," says Nishit Master, portfolio manager, Axis Securities. Shopping malls are witnessing increased footfall in lower tier towns and standalone stores as consumption picks up and mobility improves.
SunRisers Hyderabad has the biggest purse while Kolkata Knight Riders has the slimmest purse.
Daryl Mitchell's superb unbeaten half-century fired New Zealand into their first ever ICC men's T20 World Cup final at England's expense following a thrilling semi-final in Abu Dhabi on Wednesday.
Daddy Robes opened its new store in Los Angeles.
The Blonds presented their Fall 2020 collection at New York Fashion Week.
New Zealand Cricket games to be streamed on Amazon Prime Video.
A complete list of players, who failed to attract any bid in the IPL 2021
What do you think of Sonam's tuxedo?
England wicketkeeper-batsman Jos Buttler will miss the second leg of the Indian Premier League in the UAE due to the impending birth of his second child, Rajasthan Royals announced on Saturday.
Take a look at top picks of all 10 IPL teams
In other big movements, Punjab Kings have released their last edition's captain Mayank Agarwal, while West Indies skipper Nicholas Pooran was released by Sunrisers Hyderabad.
Gujarat Titans, the team to beat in its debut IPL season, will aim to build on a dream start against an inconsistent Sunrisers Hyderabad, in Navi Mumbai, on Monday.
With 10 points, KKR, however, are on the brink of elimination.
Sunrisers Hyderabad need a complete, all-round performance against Lucknow Super Giants in the IPL match on Monday to register their first win of the season.
Over 340,000 images from 211 territories were submitted to the Sony World Photography Awards 2022 and over 156,000 were entered into the Professional competition - the highest number of entries in the history of the Awards.
A glimpse at what the models wore to the Golden Globes after-party.
The stars were out in full force at the Kensington Roof Gardens, in London, on Thursday night.
Reliance Industries Ltd, the country's largest company by revenues, profits and market value, has topped Indian corporate in the World's Best Employers rankings 2021 published by Forbes. Reliance was placed at 52 in the overall ranking of 750 global corporates likes Phillips, Sanofi, Pfizer and Intel. Other Indian names in the top 100 rankings were ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90, according to the Forbes ranking.
It has been a rollercoaster ride for SRH who won five games in a row before losing the next five.
The British Grand Prix was scheduled for Silverstone on Aug. 30 while the Australian round had been due at Phillip Island on Oct. 25.
Images from the T20 World Cup Super 12s match between New Zealand and Scotland, in Dubai, on Wednesday.
Images from the T20 World Cup Super 12s match between New Zealand and Pakistan, in Sharjah, on Tuesday.
The only loss that table toppers Gujarat Titans suffered in IPL 2022 so far was against Sunrisers Hyderabad in their first round clash.
Bella Hadid rocked a see-through tiered gown as she strode the Cannes red carpet.
New York-based designers Phillipe and David Blond presented their latest collection during the New York Fashion Week.
Umran Malik's raw pace and Bhuvneshwar Kumar's consistency will be put to test against Dinesh Karthik's explosive batting and the finesse of Faf du Plessis when Sunrisers Hyderabad clash with Royal Challengers Bangalore.
Rajneesh Gupta lists the New Zealand players's T20 Internationals records updated after the game against England in the T20 World Cup.
SRH and PBKS will go all out to snap the two crucial points to nose ahead in the race for play-offs.
Back to winning ways, a resurgent Sunrisers Hyderabad will be forced to tinker their successful combination following all-rounder Washington Sundar's injury as they face Kolkata Knight Riders.
India-born designer Ashish Gupta showcased a fun collection at London Fashion Week.
Batting stalwarts Virat Kohli and Kane Williamson's woeful form will be in focus when Royal Challengers Bangalore and Sunrisers Hyderabad meet in a return IPL fixture at the Wankhede Stadium, in Mumbai, on Sunday.
While Robin Uthappa had scored a fifty in one of the games, the likes of Moeen Ali and Ambati Rayudu have failed to capitalise on their starts.
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