Dixon Technologies' January-March quarter (Q4) results came in well below expectations, but the potential for signing up a new mobile client, and plans for backward integration into display manufacturing kept investors happy. Dixon's Q4FY24 revenue grew 52 per cent year-on-year (Y-o-Y) to Rs 4,660 crore, below Street consensus, due to weakness in consumer electronics (Rs 890 crore) and home appliances (Rs 294 crore) segments.
The government has failed to reach a consensus on the issue of setting up plastic reprocessing units in special economic zones and is likely to defer its decision once again in the meeting of the Board of Approval on October 21.
'Bangladesh has become unstable and this instability will impact India.'
India and Pakistan failed to reach consensus on the names of three neutral umpires for the International Court of Arbitration, which will decide on resolution of dispute over Kishenganga power project to be constructed in Jammu and Kashmir, on Friday.
Following the disengagement, both sides will soon start the coordinated patrolling in their respective areas, sources added.
Chinese President Hu Jintao said on Monday during the opening ceremony of the dialogue that China will continue to 'steadily push forward the reform of the foreign exchange rate mechanism, under the principles of independent decision-making, controllability and gradual progress.'
The United Progressive Alliance government at the Centre is for a consensus on demands for the creation of separate Telangana state and communications have been sent to all political parties, Defence Minister Pranab Mukherjee said in Kolkata.
Defence exports grew 33 per cent in the calendar year 2023 (CY23) to around Rs 21,083 crore while domestic defence orders serviced by listed companies were Rs 48,000 crore. The sector is poised for steady growth. Budgeted domestic capex is likely to hit Rs 3 trillion per annum, and exports could reach $6 billion by FY29.
Natwar Singh had remarked that India shouldn't vote in case of a stronger stand.
India on Wednesday blocked an attempt by a group of WTO countries led by China to push an investment facilitation pact in the agenda of the ministerial conference here, a move which may ensure that the proposal is unlikely to be part of the final outcome document, an official said. The 13th Ministerial Conference (MC-13) of the World Trade Organisation (WTO) is underway. Commerce and Industry Minister Piyush Goyal, along with his team, is here for the meeting, which started on February 26.
The Communist Party of India-Marxist asked the Congress to take the initiative in building a consensus on the candidate for the presidential election though it indicated it was not averse to supporting either Vice President Hamid Ansari or Finance Minister Pranab Mukherjee for the post.
The war and Modi's recent visit to Ukraine is expected to figure prominently in the bilateral meeting, according to US National Security Adviser Jake Sullivan.
The committee, comprising Rajnath Singh, Arun Jaitley and M Venkaiah Naidu
IPL's Governing Council will have a meeting with the owners of all 10 franchises in Mumbai on Wednesday to discuss the various key issues of this year's players auction.
Expressing commitment to push forward economic reforms, Finance Minister Pranab Mukherjee today said the government is making efforts to build a consensus on important economic legislations, including PFRDA and foreign investment in multi-brand retail.
From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.
Prime Minister Narendra Modi is deeply concerned by the war in Ukraine and his meeting with President Volodymyr Zelenskyy in New York demonstrates his commitment to finding a way forward and contributing in any way possible to a resolution of the conflict, Foreign Secretary Vikram Misri said.
'The consensus was that the debate was between looking backward and looking forward.' 'Trump, with his great enamourment of his own 'achievements,' was obviously looking backward, while Harris, nearly 20 years his junior, was focussing on the future, with hope,' notes Shreekant Sambrani.
No consensus was reached at the all party meeting convened by Prime Minister Manmohan Singh on the Lokpal issue.
The World Bank on Wednesday stressed the need for domestic political consensus for sustained policy reforms, saying it may prove to be a failure if implemented without an open debate.
The annual conference of the World Bank and International Monetary Fund where India was represented by Finance Minister P Chidambaram
Home Minister P Chidambaram on Wednesday defended the government on the Telangana issue, saying the situation had changed "dramatically" after UPA announced it would form the state and insisted the Centre was waiting for a consensus to emerge among all the stakeholder parties.
Ishan Kishan's reluctance to play first-class cricket and focus only on the IPL forced the BCCI to make a minimum number of Ranji Trophy games mandatory for players in order to be eligible for IPL's auction pool.
Minister of State for Environment Jayanthi Natarajan said that countries should "define their sustainable development strategies as per their national priorities and respective stages of development".
The Centre should talk to all political parties before arriving at a consensus on the Lokpal Bill, West Bengal Chief Minister Mamata Banerjee on Tuesday said and stuck to her stand that it should be left to the states to set up Lokayauktas on models they choose.
Voltas saw strong growth in both UCP (Unitary Cooling product) and EMPS (electro mechanical projects) segments.
'At present, we are conducting internal consultations with legal minds and other stakeholders.' 'Once we have a reasonable draft, we'll then engage in broader consultations.'
'While on the one hand, terrorism continues to be a serious threat to global peace and security, on the other hand, areas such as cyber, maritime and space, are emerging as new theatres of conflict'
The government should hold extensive consultations on the proposal with all stakeholders, including political parties and non-political entities, AAP national general secretary (organisation) Sandeep Pathak said.
Prime Minister Narendra Modi will move the motion today in the Lok Sabha to choose Om Birla as the Speaker of the lower house amid a tussle for the post with the opposition's Indian National Developmental Inclusive Alliance (INDIA).
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
Chinese Foreign Minister Wang Yi has expressed readiness to join hands with India's National Security Advisor Ajit Doval to "properly handle" issues related to the situation on the ground in the border areas, amid the protracted border row in eastern Ladakh.
Flagging "anxieties" of business leaders on issues like red tape, tax laws, regulation and proceedures, Prime Minister Manmohan Singh on Friday said he often found it tough to deal with these challenges due to "lack of political consensus on reforms".
There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.
The Sports Ministry said unless there is consensus in the IOA, the government will not be going for the meeting with the International Olympic Committee scheduled to be held in Lausanne on May 15 to find a way for India's return to the Olympic movement.
Apart from Lagarde, Mexican central bank governor Agustin Carstens and Kazakhstan's central bank governor Grigory Marchenkois are in the fray for the IMF managing director's post which fell vacant after the ignominious exit of Dominique Strauss-Kahn last month.
Foreign ministers of G20 major economies will meet in the national capital on March 1 and 2 to deliberate on pressing global challenges amid escalating confrontation between Russia and the West over the Ukraine conflict that entered the second year this week.
Britannia Industries reported revenue growth of 4 per cent year-on-year (Y-o-Y) in Q1FY25 and volume growth of 8 per cent implying price trends were adverse. Other operating income jumped 195 per cent, due to the incentive received for the Ranjangaon plant. The non-biscuit portfolio (rusk, cake, bread) remained key to growth and contributed 25 per cent of the total revenue.
According to the sources, former Lok Sabha speaker Meira Kumar, ex-Union home minister Sushil Kumar Shinde, CPI national secretary D Raja, Bharip Bahujan Mahasangh leader and grandson of Dr BR Ambedkar, Prakash, and retired diplomat Gopal Krishna Gandhi are some of the probable contenders whose names the Opposition parties are considering.
