Moneycontrol

Shares slid worldwide as disappointing company earnings and fears about slowing global economic growth punctured the mini-rally of the last few trading days.

Here's what analysts said 👇
https://www.moneycontrol.com/news/world/stocks-slump-as-snap-cracks-rally-july-ecb-hike-looms-8566951.html?utm_source=telegram&utm_medium=social

Moneycontrol

Stocks slump as Snap cracks rally, July ECB hike looms

Nasdaq futures lost 2 percent, with traders blaming an earnings warning from Snap which saw shares in the Snapchat owner tumble 28 percent, while S&P 500 futures slipped 1.25 percent.

4.7K views10:13

Moneycontrol

The average residential prices in India rose 4% YoY during Q1 2022 after a prolonged slowdown.

Read on 👇
https://www.moneycontrol.com/news/business/real-estate/residential-housing-prices-up-by-4-per-cent-in-q1-2022-report-8567081.html?utm_source=telegram&utm_medium=social

Moneycontrol

Residential housing prices up by 4% in Q1 2022: Report

In Q1 2022, Bengaluru noted the steepest drop in unsold inventory by 23% YoY.

4.6K views10:16

Moneycontrol

#MCAtDavos | Shereen Bhan speaks with Piyush Goyal, Hardeep Singh Puri & Sanjiv Bajaj on the strategic outlook on India & how to foster global & regional cooperation to secure the economic recovery.

Watch live 📹👇
https://www.youtube.com/watch?v=m0VBAqVIIas?utm_source=telegram&utm_medium=social

YouTube

Live From World Economic Forum At Davos | India At 75: Strategic Outlook

From its contributions to global economic growth and ensuring that the world meets its climate and sustainability goals, India continues to emerge as an important global player. What actions can the country take to leverage today's inflection point and launch…

4.6K views10:20

Moneycontrol

GV Prasad, co-chairman and MD at Dr. Reddy's, shares his views on saturating vaccine demand, the impact of geopolitical tensions.

Read what he said 👇
https://www.moneycontrol.com/news/business/companies/ukraine-business-is-disrupted-russian-market-remains-unaffected-gv-prasad-of-dr-reddys-8566231.html?utm_source=telegram&utm_medium=social

Moneycontrol

Ukraine business is disrupted, Russian market remains unaffected: GV Prasad of Dr Reddy's

GV Prasad, co-chairman and MD at Dr. Reddy's, shares his views on saturating vaccine demand, the impact of geopolitical tensions

4.4K views10:26

Moneycontrol

Snap Inc said the economy had worsened faster than expected in the last month and the social media company slashed its quarterly forecast, triggering an after-hours sell-off.

Read more 🔻
https://www.moneycontrol.com/news/business/snap-says-economy-deteriorated-fast-slashes-forecast-stock-plummets-8566941.html?utm_source=telegram&utm_medium=social

Moneycontrol

Snap says economy deteriorated fast, slashes forecast, stock plummets

Since late April, "the macroeconomic environment has deteriorated further and faster than anticipated. As a result, we believe it is likely that we will report revenue and adjusted EBITDA below the low end of our Q2 2022 guidance range," the company said…

4.4K views10:27

Moneycontrol

#BREAKING | A joint statement issued by Quad leaders said that Quad partners bring decades of skills and experience together to catalyse infrastructure delivery to the region.

Read the statement 👇
https://www.moneycontrol.com/news/business/quad-leaders-agree-to-address-debt-issues-exacerbated-by-covid-19-pandemic-8566461.html?utm_source=telegram&utm_medium=social

Moneycontrol

Quad leaders agree to extend over $50 billion of infrastructure assistance in Indo-Pacific region

At the ongoing second meeting of the Quadrilateral Security Dialogue also known as QUAD summit, the four nations also agreed to bring decades of skills and experience together to catalyse infrastructure delivery to the region while deepening cooperation on…

4.5K views10:31

Moneycontrol

#EarningsWithMC | Aditya Birla Group's flagship firm Grasim Industries posted a consolidated net profit of Rs 3,656 crore for #Q4FY22, up 57% from a year ago.

Take a look ↘️
https://www.moneycontrol.com/news/business/earnings/grasim-industries-q4-result-consolidated-net-profit-surges-57-yoy-to-rs-3656-crore-8567341.html?utm_source=telegram&utm_medium=social

Moneycontrol

Grasim Industries Q4 Result | Consolidated net profit surges 62% YoY to Rs 2,777 crore

Revenue from operations surged 18% year-on-year (YoY) to Rs 28,811 crore against Rs 24,402 crore last year in the same quarter.

4.8K views10:33

Moneycontrol

As many as 68% homebuyers are from the service class who prefer to buy high end and mid-segment housing units that account for 79% of total demand.

Read more about it 👇
https://www.moneycontrol.com/news/business/real-estate/service-class-dominates-homebuying-mid-to-high-end-segment-homes-account-for-79-demand-8567221.html?utm_source=telegram&utm_medium=social

Moneycontrol

Service class dominates homebuying; luxury and mid-segment homes account for 79% demand

Chennai and Pune witnessed the highest demand in the mid-end segment, which accounted for nearly 60 percent and 59 percent of the total demand in these cities. Bengaluru recorded almost 56 percent of demand geared towards the high-end segment, the report…

5.1K views10:37

Moneycontrol

NATO chief Jens Stoltenberg said the Ukraine war has taught the world that having economic dependencies on authoritarian regimes have huge vulnerabilities.

Read more 👇
https://www.moneycontrol.com/news/world/nato-chief-says-trade-ties-with-authoritarian-regimes-have-vulnerabilities-clubs-china-with-russia-8567411.html?utm_source=telegram&utm_medium=social

Moneycontrol

NATO chief says trade ties with authoritarian regimes have vulnerabilities; clubs China with Russia

Addressing the World Economic Forum Annual Meeting 2022, Jens Stoltenberg said the Ukraine war has taught us that having economic dependencies on authoritarian regimes can have huge vulnerabilities which we have seen in form of energy crisis.

5.3K views10:54

Moneycontrol

"For him the industry came before anything else… it was not about his own company or his editorial team. It was always about the industry." - Shashi Sinha, CEO, IPG Mediabrands India, on Anant Rangaswami, former Storyboard editor who passed away this morning.

Read 👇
https://www.moneycontrol.com/news/trends/features/storyboard18-ad-industry-stalwarts-piyush-pandey-and-shashi-sinha-remember-anant-rangaswami-8567501.html?utm_source=telegram&utm_medium=social

Moneycontrol

Storyboard18 | Ad industry stalwarts Piyush Pandey and Shashi Sinha remember Anant Rangaswami

"A great observer and an objective commentator on the industry," says Piyush Pandey about Rangaswami who was the Ogilvy chief's friend and confidant.

4.9K views11:06

Moneycontrol

#MCOpinion: "State govt need to realise that they cannot depend only on the Centre to mitigate the challenges posed by #ClimateChange. States need to invest in research for new #climate-resilient crop varieties.

Read on 👇
https://www.moneycontrol.com/news/opinion/a-climate-crisis-is-upon-us-and-its-threatening-indias-food-security-8566131.html?utm_source=telegram&utm_medium=social

Moneycontrol

A climate crisis is upon us, and it’s threatening India’s food security

Climate Change must be treated as a global emergency. Its impact may not hit the entire world at the same time, like COVID-19 did, but its impact on economies may be as disastrous

4.8K views11:15

Moneycontrol

#MCOpinion: While all the efforts need to be acknowledged, and celebrated, this is an evolving technology, and we have a long way to go in fixing the glitches, and challenges.

Read more 👇
https://moneycontrol.com/news/opinion/auto-sector-electric-is-the-way-forward-battery-concerns-are-a-speed-bump-8566151.html?utm_source=telegram&utm_medium=social

Moneycontrol

Auto Sector | Electric is the way forward. Battery concerns are a speed bump

EVs are the future of mobility, and the government has provided a much-needed policy and regulatory framework, even recognising battery and energy as a service. Yet, for a true revolution, and mass adoption, we need sustained and co-ordinated efforts from…

4.7K views11:18

Moneycontrol

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#NewsAlert 🚨 Govt mulls tax cut on soybean and sunflower oil to cool prices; considers reducing agri infra and development cess, or abolishing it.

Stay tuned for more details!

4.8K views11:32

Moneycontrol

Restrictive export policies of the Indian govt are turning out to be a barrier for the country's nascent drone industry, with authorisations for exports taking anywhere between three & six months, drone manufacturers said.

Read on 👇
https://www.moneycontrol.com/news/business/drone-manufacturers-upset-over-long-authorisation-process-for-exports-8565611.html?utm_source=telegram&utm_medium=social

Moneycontrol

Drone manufacturers upset over long authorisation process for exports

Industry stakeholders raised the issue during a recent meeting with Minister of Civil Aviation Jyotiraditya Scindia

4.8K views11:35

Moneycontrol

#MarketsWithMC: Check out the top gainers & losers of #sensex & #nifty of 24th May now at 👇

https://www.moneycontrol.com/news/business/real-estate/over-1000-homebuyers-of-a-gurgaon-project-in-a-fix-after-authorities-cancel-builders-license-8566621.html?utm_source=telegram&utm_medium=social

Moneycontrol

Gainers & Losers: 10 stocks that moved the most on May 24

Among sectors, IT, pharma, metal, FMCG, power and realty were down a percent each. The BSE midcap index fell 0.8 percent and the smallcap index shed 1 percent