rise of the Ronin: See what we know about release date, platforms, story, gameplay and more
Explore the upcoming game, rise of the Ronin, a combat-focused RPG by Team Ninja. Unveiling on March 22, 2024, exclusively on PS5, players immerse in a gripping narrative set in 1863 Japan. Key Points
Economic Timesrise of the Ronin: This is what we know about release date, platforms and more
Explore feudal Japan in Team Ninja's new RPG-action game, rise of the Ronin, releasing on March 22, 2024. Navigate a conflict-ridden open world as a masterless samurai, making impactful choices. Key Points
Economic TimesHoneywell Automation India's profit growth slows on higher expenses
BENGALURU (Reuters) - Engineering firm Honeywell Automation India on Monday reported a marginal 3.4% rise in second-quarter profit, as a rise in expenses outpaced revenue growth. Profit at the Indian Key Points
ThePrintIndian shares set to rise as Fed triggers rise in global stocks
Indian shares are set to open higher on Thursday, tracking a rise in global stocks after the U.S. Federal Reserve kept rates unchanged and Chair Jerome Powell hedged on the possible end of the rate hiking cycle. Key Points
ReutersSubglacial meltwater flowing beneath Antarctic glaciers could accelerate retreat, study finds
The resulting glacial retreat can then contribute to and drive sea level rise. Meltwater flowing out to sea from beneath Antarctic glaciers, or subglacial discharge, could be making them lose ice faster, researchers have found in a new study. Key Points
The Tribune India
Overwatch 2 Season 7: rise of Darkness: What is Wrecking Ball skin?
Overwatch 2 Season 7: rise of Darkness has hot attention over the new Wrecking Ball skin. The 80-tier battle pass offers a collection of eerie legendary skins. Key Points
Economic TimesSensex, Nifty close flat as auto, consumer stocks offset slide in financials
India Business News: Indian shares were mostly unchanged on Wednesday due to the rise in auto and consumer stocks offsetting the fall in financials. Nifty index rose 0.05% Key Points
Times Of IndiaSea level rising: Water to fill 10,00,000 Olympic-size pools per day added to oceans between 2021-22
The 0.11-inch rise in sea level in just a year is equal to adding water from a million Olympic-size swimming pools to the ocean every day for a year. Key Points
India TodayLeopards grow 17% in U.P; actual number may be more
U.P. falls in Shivalik Hills and Gangetic Plains (SHGP) landscape of the national forest regime, which also includes Bihar and Uttarakhand. Key Points
Hindustan TimesNumber of ultra-high-net-worth individuals in India to rise 58% in 5 yrs: Report
Number of ultra-high-net-worth individuals in India, having net worth of over $30 million, fell 7.5 per cent last year to 12,069 but will rise to 19,119 in the next five years, according to Knight Frank. Key Points
The Indian Express
Are you planning to buy a smartphone? You may prefer getting it before June; here's why
The price of memory chips in India could rise by 10-15% by late February or early March, but recent tax cuts may help offset the impact. Brands may also start offering lower memory and storage in budget smartphones. Key Points
mintIndian shares set to open flat on inflation worries, Q1 earnings
Indian shares are set to open little changed on Thursday on caution after higher-than-expected domestic inflation offset optimism from moderation in U.S. inflation and as June quarter earnings trickle in. Key Points
ReutersManufacturing activity rises to four month high of 56.5 in January
HSBC India Manufacturing Purchasing Managers' Index rose to a four-month high of 56.5 in January, recovering from the previous month's 18-month low of 54.9. The rise in production was driven by robust domestic demand, with current output expanding and domestic orders growing faster than export orders. Key Points
Economic TimesIndian shares to rise after soft US inflation data sparks global rally
Indian shares are set to open higher on Wednesday, tracking a jump in world stocks after softer-than-expected U.S. inflation data fuelled hopes of an end to the rate-hiking cycle in the world's largest economy. Key Points
ReutersIndia's Tribhovandas Bhimji Zaveri posts higher Q2 profit as diamond outshines
Indian jeweller Tribhovandas Bhimji Zaveri (TBZL.NS) reported a near 65% rise in second-quarter profit on Monday, buoyed by lower expenses and strong diamond demand. Key Points
Reuters
India's Godrej Properties posts Q2 profit rise on robust housing demand
Indian real estate developer Godrej Properties (GODR.NS) on Thursday reported a 21.5% rise in second-quarter profit, helped by a rise in demand for housing projects. Key Points
ReutersIndia's Eight Core Industries Grow 7.8% In January
The index of eight core industries rose 7.8% year-on-year in January, compared with a rise of 7% in December. Key Points
BQ Primerise Of The Ronin release date: Will it be available on PS5, PC? Read here
Action-play based video game rise Of The Ronin will be releasing for PS5 on March 22. It is yet to be disclosed if a PC version is releasing soon. Key Points
Economic TimesGovernment looks to keep borrowing in check
The big pandemic stimulus and the contraction in the economy worsened the combined Centre and state debt-to-GDP ratio to 89.2% in FY21 from 75.1% in FY20. The International Monetary Fund (IMF) has forecast the ratio will improve to 83.5% of GDP in FY23 and gradually ease from FY26 onwards. Key Points
Economic TimesChennai, Kolkata at risk due to sea level rise, highlights study
Scientists have long known that sea levels will rise with increasing ocean temperatures, largely because water expands when it warms and melting ice sheets release more water into the oceans. Studies have also indicated that sea level rise will vary regionally because shifts in ocean currents will likely direct more water to certain coastlines, including the northeastern United States. Key Points
Economic Times
Are select metals prices indicating China’s economic revival? 5 metal stocks with upside potential of up t
Few days back, there was a sudden spurt in oil prices, though they might have cooled down a bit. The question is why this sudden spurt when there has not been any rise in tension in the Middle east and it is not even the peak season where demand for heating oil could have led to sudden rise. Now combine this with price trends in some non ferrous metals like copper which have inched upward to form a one year high. While to some it might appear far-fetched at this point of time as there have been many false starts, are the commodity markets giving an indication that finally there are some green shoots in the Chinese economy? The risk is the US election result. Will the election results help in resolving the trade issue or continuation of the issues ? Key Points
Economic TimesColgate-Palmolive's Indian unit's Q2 profit rises on higher demand
Colgate-Palmolive (India) (COLG.NS) reported a 22% rise in the second-quarter profit on Thursday, aided by rising urban demand for high-priced toothpastes and signs of growth in rural consumption. Key Points
ReutersIndian shares set to open lower on Middle East tension, US rate jitters
Indian shares are set to open lower on Wednesday, as intensifying conflict in the Middle East and worries of a prolonged high interest rate regime after a better-than-expected U.S. retail sales data hurt sentiment. Key Points
ReutersPushpa director Sukumar says when he writes dialogues, he wonders if they’ll become big on Instagram Reels: ‘It is completely influencing us’
Allu Arjun has begun filming for the sequel of Pushpa, which is being directed by Sukumar. Pushpa: The Rule is aiming for a 2023 release. Key Points
The Indian ExpressQ1 earnings: 26 companies that may report over 100% jump in profit
Domestic brokerage Motilal expects Nifty earnings to grow 25% YoY in Q1. Oil and gas sector may report a 3x surge in profit YoY underpinned by the improvement in marketing margins of OMCs. Auto sectors earnings may surge 11x YoY during the quarter on a low base. Key Points
Economic Times
After tomato, onion follows suit; 60%rate hike in week
After tomatoes, the price of another staple vegetable — onion — is on a steep rise in the country. Within a week, retail prices have already increased by nearly 60 per cent. Key Points
The Tribune IndiaIndian firms exhibit viable debt servicing capacity despite rise in borrowing cost: RBI
ICR for non-IT services sector crossed unity, where all subsectors except telecom group had viable ICR level, RBI said.ICR is the ratio of earnings before interest and tax to interest expenses. The minimum value for a viable ICR is 1. Key Points
Economic TimesGlobal warming: Why India is heating up slower than the world average
This single number denoting global temperature increase, very effective for communicating the dangers of climate change, is built on top of several layers of averages. To understand what is happening in India, all these figures need to be looked at. Key Points
The Indian ExpressIndian airports' revenues to rise to $3.9 bn next fiscal year
Indian airport operators are projected to report 26% rise in revenues at $3.9 billion in the next financial year, aviation consultancy CAPA India said on Wednesday. For 2023-24, air passenger traffic, including domestic and international, is expected to be 395 million, it said while presenting the outlook for the airports. Key Points
The HinduBitcoin near $54,000 mark, the highest in two years
Bitcoin saw a rise of up to 3.5 percent, reaching $53,600. The last time it traded at this level was in December 2021 when it achieved an all-time high of almost $69,000 the preceding month. Key Points
mint
Loan growth, fees to lift bank profits in Q3, higher deposit costs to pinch
Term deposit rates have increased between 70 and 120 basis points, mostly in the third quarter. Analysts say that the margin compression could hence be severe, particularly year on year, as banks have lost most benefits from the rise in interest rates in their bid to garner funds. One basis point is 0.01 percentage point. Key Points
Economic TimesCentre needs to extend policy focus beyond 'roti, kapda, makaan', says the office of CEA
As per the document, Indian witnessed a decline in inequality of consumption in the decade before the LPG reforms of 1991 due to regulatory distortions and state interference, while the rise in inequality after the 1991 reforms were an outcome of market incentives for entrepreneurship and innovation. The impact of Covid-19 on inequality has been transitory, with the public distribution system and rise in food subsidy substantially curbing a rise in distress levels, it said. Key Points
Economic TimesRed Sea shipping pause: Industry sees 30% rise in costs, 2-week delay
Sector watchers said that the alternate route between Europe and Asia through the Cape of Good Hope will take two-three weeks more, depending on where the consignment is to be delivered. This is likely to result in containers being held up in transit for longer and freight prices firming up. Key Points
Economic TimesDelhi pollution: 16 stocks that stand to gain as air quality worsens to ‘severe’
Delhi AQI worsens: Air purifiers, health insurance, healthcare, renewable energy sectors in focus. Indraprastha Gas, Everest Kanto Cylinder may see a positive impact in short term. Key Points
mintIndian airline IndiGo's operator posts Q2 profit
Airline IndiGo's operator Interglobe Aviation (INGL.NS) reported a second-quarter profit on Friday following steady demand for air travel, which offset a rise in expenses. Key Points
ReutersAsian shares hit 11-month low on Middle East anxiety, surging yields
By Stella Qiu SYDNEY (Reuters) - Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields Key Points
ThePrintIndia's Tata Coffee posts strong Q2 pre-tax profit on lower costs, higher prices
India's Tata Coffee (TACO.NS) on Thursday reported a near 63% rise in second-quarter profit, as lower costs and higher prices for its premium brands such as Gold and Eight o'clock coffee more than offset subdued sales. Key Points
ReutersWeak European demand dents CIE Automotive India's Q3 profit
Auto components maker CIE Automotive India (CIEA.NS) on Tuesday reported a 11.4% rise in third-quarter profit - its slowest growth in four quarters - hurt by a sharp slide in its European segment revenue. Key Points
ReutersCoal India can deliver all-time high dividend of Rs 30/share in this fiscal: Nuvama
In the current global scenario, Coal India (CIL) is a pure domestic play potentially offering the triple benefits of volume growth, improved e-auction prices and possibly all-time high dividend in H2FY24. With the monsoon receding and hydro/wind generation falling, demand for thermal power is set to rise further in H2FY24, the Nuvama note said. Key Points
Economic TimesNet claims of non-residents on India rise to USD 379.7 billion in June quarter: RBI
According to data from the Reserve Bank of India (RBI), net claims of non-residents on India increased by USD 12.1 billion to USD 379.7 billion in the June quarter. The rise in net claims was primarily due to an increase in foreign-owned financial assets in India. The data also showed that reserve assets accounted for 64.2% of India's international financial assets at the end of the quarter. The RBI noted that the ratio of India's international assets to international liabilities slightly decreased compared to the previous quarter and the same period last year. Key Points
Economic Times
Mumbai clocks property sales of 10,214 units in July
The revenue from stamp duty also dipped by three per cent from ₹859 crore in June 2022 to ₹832 crore this month. The share of properties priced above ₹1 crore was on the rise in the first seven months, the report said. | Mumbai news Key Points
Hindustan TimesIndian shares set for flat start as US jobs data reignites rate fears
Indian shares are set to open little changed on Friday, on caution after data from the U.S. reignited concerns of a prolonged high-interest regime, while investors awaited key domestic earnings. Key Points
ReutersHome prices up 14.7% in June quarter in top cities: Report
While the demand for housing in these cities increased 7.8% year-on-year and 10.4% quarter-on-quarter, supply declined 8.3% on-year and 7.4% sequentially, indicating a tightening of inventory that led to the price rise during the period. Key Points
Economic TimesWhat is driving higher rents in the metros? When will they subside?
None of us are strangers to the recent surge in housing rentals across metros. Driving this painful rise in prices is the gradual roll-back of work-from-home policy coupled with the lack of options for tenants. Read on to know how tenants are dealing with the situation and if there will be any respite any time soon. Key Points
Economic TimesHousing prices continue to rise across key Indian cities led by robust sales
As the interest rates are now expected to have peaked, a pause in the rising repo rate paired with healthy domestic economic outlook is expected to keep the market sentiment upbeat, the joint report said. Among the key property markets, Delhi-NCR saw the highest increase in residential prices at 16% from a year ago, followed by Kolkata and Bengaluru with 15% and 14% increase, respectively. Key Points
Economic Times
Modi govt’s road dreams may take a backseat on cash flow and debt issues
High cost inflation for road projects, cash flow challenges for road EPC companies and elevated debt levels for NHAI mean that road awards will continue the muted trends seen in FY23 and April 2023. Analysts have said that awarding of projects may slow down ahead of the general elections in 2024. Key Points
Economic TimesXBB.1.16 has potential to drive fresh Covid wave? Former AIIMS director answers
A total of 76 samples of XBB.1.16 variant of coronavirus have been found which might be behind the recent rise of cases in the country, according to INSACOG data. | Latest News India Key Points
Hindustan TimesAI could have a surprising effect on interest rates
As advancements in artificial intelligence (AI) accelerate, debates arise regarding its impact on economies and interest rates. Contrary to conventional wisdom, economist Tyler Cowen predicts that real interest rates will rise due to increased demand for capital expenditures (capex) driven by AI, leading to significant changes in economic dynamics. Key Points
Economic TimesCovid-19 cases may peak in India in next 10 days, and then dip: Report
The current rise in Covid cases is being driven by XBB.1.16, which is a sub variant of Omicron. | Latest News India Key Points
Hindustan TimesIndia’s nuclear power capacity to increase by 70% in five years
The country's installed capacity is projected to rise from the current 7.48 GWe to 13.08 GWe by 2029, representing an addition of seven new reactors. Key Points
India Today
Tips Industries Q4 Results Live : profit rise by 40.58% YOY
Tips Industries Q4 Results Live : Revenue increased by 21.61% YoY & profit increased by 40.58% YoY Key Points
mintAI could drive up the neutral rate of interest in an economy
The notion that lending rates fall over time has no basis in theory. A great wave of AI-led investment could leave the world short of savings. Key Points
mint