Premium A representative image of consumer durables Shares of consumer durables companies have generated mixed returns on the bourses thus far in calendar year 2024 (CY24) as investors assess demand recovery trends in the sector. Except for Blue Star and Voltas, whose shares have rallied 34.3 per cent and 6.8 per cent, respectively,… Continue reading With mercury rising, analysts foresee summer surge for consumer durables | News on Markets
Tag: Rising
Rising imports weigh on Indian steelmakers ahead of Lok Sabha polls | News
Surge in imports coupled with a blip in demand ahead of the upcoming general elections is weighing on steel firms. Data sourced from BigMint (formerly SteelMint/CoalMint), a market intelligence and price reporting firm, show that the average monthly price for hot rolled coil (HRC) in January stood at Rs 54,275 per tonne ex-Mumbai.… Continue reading Rising imports weigh on Indian steelmakers ahead of Lok Sabha polls | News
Rising food prices may push July inflation up by 190 bps to 6.7%: Report
Citing the sharp rise in food prices, economists at a foreign bank have forecast a steeply higher retail inflation print for July, pegging it at 6.7 per cent, up 190 basis points from the previous month. Deutsche Bank India economists led by chief economist Kaushik Das, in a report on Monday ahead of… Continue reading Rising food prices may push July inflation up by 190 bps to 6.7%: Report
Rising cycling star Magnus White dead at 17 after incident while training for major event
Magnus White, a 17-year-old American cyclist who was training in Colorado ahead of the upcoming world championships in Scotland, was struck by a vehicle and died near his home over the weekend. USA Cycling confirmed White’s death on Sunday. “He was a rising star in the off-road cycling scene and his passion for cycling was… Continue reading Rising cycling star Magnus White dead at 17 after incident while training for major event