This one-pot meal goes well with Boondi Raita.
The combined net profit of "early bird" companies, those that have declared their quarterly results, rose for the third consecutive quarter in July-September 2023 (Q2FY24). But the figures suggest a continued slowdown in revenue growth and stagnation in earnings over recent quarters. This slowdown is severe for companies in the manufacturing and non-financial service sectors.
The government has cut the windfall profit tax on crude oil produced in the country while the levy on exports of diesel and ATF has been hiked, an official notification said. The tax, levied in the form of special additional excise duty or SAED, on domestically produced crude oil was reduced to Rs 6,700 per tonne from Rs 7,100 a tonne. SAED on the export of diesel was increased to Rs 6 per litre from Rs 5.50 a litre and on jet fuel or ATF to Rs 4 per litre from Rs 2, the notification said.
The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Apart from OPEC-plus cutting production, the Hamas-Israel conflict has caused fears of supply disruption. The July-September quarter of 2023-24 (Q2FY24) saw positive surprises for OMCs. Strong gross refining margins (GRMs) more than offset weak marketing margins.
UPL, the country's largest agrochemical company, had a weak July-September quarter (Q2), reporting a sharp fall in revenues across geographies. Overall, the revenues were down 19 per cent on the back of lower agrochemical prices and inventory destocking. While the overall volumes were down 7 per cent, prices fell by 15 per cent. Volume decline in the European market was on the back of high channel inventory and product bans while in India the fall by 27 per cent was on account of muted demand for segments such as cotton and pulses.
It pairs brilliantly with appams, neer dosas and steamed rice.
Images from the Premier League matches played on Tuesday.
The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.
'Pancham told me once, "It's very difficult to be taken seriously when there are stalwarts like Shankar-Jaikishan, S D Burman, Madan Mohan and Naushad... How do I make my mark?"' Amit Kumar salutes R D Burman on his 30th death anniversary on January 4.
Embrace balmy summer days with these refreshing drinks.
PHOTOS from the 5th T20I match between India and Australia played in Bengaluru on Sunday
One can only pray he finds his peace while we take comfort in the knowledge of having a true friend and the therapeutic power of humour. Sukanya Verma mourns the passing of Matthew Perry.
The Central Bureau of Investigation has admitted that a file pertaining to investigations into the allegations of siphoning of secret funds of the Research and Analysis Wing by one its former chiefs during his tenure has gone missing.
The police were also taken by surprise with what they witnessed -- a sophisticated setup for creating the synthetic drug, intense intoxicating smell inside the compound and the foreigners geared up with high-quality face masks.
Regional and local fast-moving consumer goods (FMCG) brands are gaining momentum at the cost of national brands for the second quarter in a row. Consumer brands are now losing out on share, especially at the mass end of the market. Local brands have been able to capture market share as prices of raw materials are lower.
Left-arm spinner Shams Mulani grabbed a match haul of 10 wickets as Mumbai defeated Andhra by 10 wickets to secure a successive bonus-point victory in the Ranji Trophy in Mumbai on Monday.
Kho Gaye Hum Kahan is a light glimpse into healthy young lives ready to soar in their own sweet skin, applauds Sukanya Verma.
Anil Agarwal-led Vedanta's Sterlite Copper has come out with a fresh notification inviting expressions of interest (EoIs) to supply raw materials like copper concentrate, imported thermal coal, rock phosphate and petroleum products, among others, as part of its preparatory measures to restart production at its Thoothukudi unit in Tamil Nadu. This plant is likely to restart operations if a Supreme Court verdict goes in favour of the company. On June 12, the company had invited EoIs for carrying out plant 'restart activities'.
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
As many as 267 of 453 companies from the BSE500 index are trading above their consensus price targets, according to the data compiled by Bloomberg. Not all companies in the BSE500 index are tracked by analysts.
Ram Charan's wife Upasana may not be a hotshot celeb, but she knows her way around fashion.
Gujarat Cricket Association creates half-a-dozen mini-ICUs for spectators in case of medical emergency
The lowly kadu is promoted to an awesome pumpkin soup.
'I started looking at the raw images put out by NASA 10-12 years ago.'
A muted revenue performance in the September quarter and weak management commentary weighed on the stock of consumer major Marico which shed 8.5 per cent to Rs 542 from its intraday highs on Tuesday. The company indicated that demand trends were similar to that of the June quarter with instances of increasing food prices and below-normal rainfall distribution in some regions impeding the anticipated recovery in rural demand.
Sugar prices are hovering near six-year highs, leaving a bad taste in Indian consumers' palates but sweetening the portfolios of investors in related stocks at Dalal Street. Shares of sugar manufacturers such as Piccadily Agro, DCM Shriram, Magadh Sugar, and Bajaj Hindustan have rallied up to a whopping 200 per cent so far in the financial year 2024 (FY24) as deficient monsoon rains in major sugarcane producer states like Maharashtra and Karnataka are expected to lead to a shortfall in sugar output ahead. In comparison, the BSE Sensex has modestly gained 11 per cent during this period.
He asserted that all efforts are on to contain the spread of the virus in Kerala.
The FMCG sector is generally considered to be a safe haven during difficult times as people never stop buying soap and toothpaste. However, weak rural and semi-urban demand has been a factor since the lockdowns of 2020-21 while rising inflation has also impacted margins. While the FMCG majors have survived on the basis of price hikes and good management practices, they have seen growth slowdowns and experienced margins being squeezed as raw materials and transport costs rose. The FMCG sector witnessed positive volume growth in the fourth quarter of the 2022-23 financial year (Q4FY23) after five consecutive quarters of decline, and the rebound in demand was led by urban markets.
Before you bid goodbye to the monsoon, try this super-crunchy, delicious recipe on a rainy day.
A great way to end an Indian meal, it's usually had during summer. But with mangoes still available in the market and raw mangoes usually available year round, you can give this refreshing drink a try.
A three-member team each from the Central Drugs Standard Control Organisation (CDSCO) and the State Drug Controller visited the plant in Tamil Nadu's Kancheepuram, 40 km from Chennai, on Friday after the company recalled the eye drop.
Former Research and Analysis Wing officer Amar Bhushan's book Escape to Nowhere is nothing short of a thriller. It presents a scary picture of what happened or even happens within India's elite intelligence agency.
The videos also suggest that everything seems to be fine in the CSK dressing room, especially what transpired after their last league game in Delhi.
'This is going to generate a new debate on reservation because the quota for Economically Weaker Sections is 10%, and that is for nearly 16% of the population.' 'For 16% you are giving 10%. This is set to raise eyebrows among the OBCs after the caste survey.'
The Pakistani actor's tweet came after violence that broke out in many cities of the neighbouring country following the arrest of former prime minister Imran Khan for alleged corruption.
Can't get enough of Swara Bhasker's wedding pictures? Well, the actor has posted a few more!
China's covid crisis could provoke a raw material crunch for India's EV industry later this year.
While some states have kicked in their heat action plans, experts feel this is not enough to tackle the current extreme weather.
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