Why metals can’t be a long-term play. What to buy in consumer space? Ashi Anand answers
Ashi Anand says: “A large part of the consumer space has been struggling for growth. But there are certain segments which are doing relatively better. Anything linked to building materials, especially anything going into real estate, related to piping is doing very well and that is where Polycab fits right in.” Key Points
Economic TimesFrom rags to riches: Andhra farmer earns Rs 4 crore in just 45 days from 'expensive' tomatoes
He had previously suffered losses due to plummeting tomato prices last year, which left him in a debt of Rs 1.5 crore. Through enhanced power supply, favorable prices, and good crop quality, the farmer achieved 35 successful tomato harvests with the potential for up to 20 more. Murali plans to invest his earnings in expanding his agricultural ventures and acquiring 20 acres of land in his village. His success serves as an inspiration for struggling farmers. Key Points
Economic TimesLaid off Swiggy employee says he applied for 100+ jobs every day and still didn’t get any job
A former Swiggy employee, who was part of the company's mass layoff, says he has been jobless for the past 3 months. He shares that he is applying for more than 100 jobs daily but receiving no responses. Key Points
India TodaySensex rises 200 points, Nifty above 18,650; Adani stocks gain up to 3%
Nifty has been struggling to break the upper end of 18300-18600 range, but now the market construct favours a breakout. Globally, the market backdrop is favourable with both US and European markets consolidating and slowly gaining strength. Markets b Key Points
Times Of IndiaUS: Bodies of 2 Indian students who went missing recovered from Indiana lake
Both students were boating on a pontoon on April 15 when their group anchored to swim. Both men did not resurface and friends attempted to help them but were unsuccessful. Key Points
India Today
Yo Yo Honey Singh says he is struggling as his songs are not working like before
Yo Yo Honey Singh requested his fans not to expect the same things he did 10 years ago. The rapper also revealed how he will keep up with the changing times. Key Points
The Indian Expressstruggling to make ends meet, TN man makes hoax bomb call to get ‘regular food’
After verifying the call records, the police apprehended Santhosh Kumar, a resident of Mettupalayam in the Coimbatore district, on Saturday night. Police said that the man, who is unemployed, confessed to making the hoax threat as he was struggling in life and thought upon his arrest, he would be able to get food regularly in prison. Key Points
Hindustan TimesWorld’s riskiest markets stumble into crisis with dollars scarce
In some of the worlds most vulnerable developing nations, the situations on the ground are dire. Shortages of dollars are crimping access to everything from raw materials to medicine. Meanwhile governments are struggling with their debts as they chase rescue packages from the International Monetary Fund. Key Points
Economic Times