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HinduBusinessLine
2w
318
Image Credit: HinduBusinessLine
Bengal paddy output this crop year may exceed last year’s bumper crop
- West Bengal government aims to sow paddy on 42 lakh hectares for the 2025-26 kharif season, surpassing last year's target.
- Paddy sowing in the state has reached around 3 lakh hectares, with expectations to achieve the full target by July-end due to early rains.
- In the previous crop year, Bengal broke records by producing 256 lakh tonnes of paddy and aims to exceed this record in the current season.
- The state, known for rice production, has a significant focus on supporting small farmers with timely assistance and inputs for successful cultivation.
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Guardian
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78
Image Credit: Guardian
HS2 already billions over budget with work ‘just over halfway done’, says rail boss
- HS2 construction contracts priced at £19.5bn have already cost £26bn despite being 'just over halfway done', according to HS2 Ltd's chief executive, Mark Wild.
- Contracts were rushed in 2020 without balancing risks, leading to cost escalations.
- A 'reset' of construction is underway, including reshaping staff, budget adjustments, and contract renegotiations planned for autumn.
- HS2 trains with a speed of 225 mph might start running at lower speeds to expedite testing, aiming for services sooner.
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Moneyweb
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296
Trump to host African leaders offering major mining ventures
- US President Donald Trump is set to meet with leaders from Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal to discuss potential mining ventures.
- These African nations have rich mineral resources and offer investment opportunities for American businesses.
- The leaders aim to boost local processing of natural resources, economic diversification, and job creation.
- The countries also present security cooperation prospects in the Sahel region that has faced Islamist insurgency and military coups.
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Guardian
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322
Image Credit: Guardian
Thames Water paid out bonuses using £3bn emergency loan, documents reveal
- Thames Water paid £2.46m in bonuses from emergency loan, documents reveal.
- Managers to receive more bonuses despite pause, decision not to recover money.
- Payments from £3bn loan intended to stabilize finances drew outrage and scrutiny.
- Thames Water facing pressures to raise funds to avert renationalization, disclose funds.
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Bloomberg Quint
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735
Image Credit: Bloomberg Quint
Amber Enterprises Board To Consider Raising Rs 2,500 Crore
- Amber Enterprises India Ltd. plans to raise up to Rs 2,500 crore, subject to shareholder approval at the upcoming AGM.
- This fundraise would be the second one for the room air conditioner maker, with the previous one in 2020 amounting to Rs 400 crore through qualified institutional placement.
- The purpose of the fundraise includes capital expenditure for long-term growth, supporting subsidiaries, debt repayment, and strategic investments.
- Brokerages like CLSA and Jefferies have shown confidence in Amber Enterprises, with stock upgrades and positive ratings, despite minor adjustments in target prices.
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Bloomberg Quint
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407
Image Credit: Bloomberg Quint
Tata Elxsi Q1 Results Preview: Profit To Decline Amid Broad Segment Based Weakness, Demand Uncertainty
- Tata Elxsi to announce Q1 results with anticipated profit decline and uncertain demand.
- Revenue expected to rise 0.6% to Rs 914.13 crore, EBIT to advance 6%.
- Brokerages hold different views, from reduce to add ratings, showcasing varied expectations.
- Focus on transportation and communications segments, with potential decline and operational challenges.
- Investor interest lies in revenue and margin outlook, engagement with clients, and demand trends.
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Livebitcoinnews
2w
352
Image Credit: Livebitcoinnews
Top Price Prediction: APT and ETH Rally Ahead, While Ozak AI Presale Targets Explosive $1 Growth
- Investor focus shifts towards Aptos (APT) and Ethereum (ETH) as they showcase favorable price patterns, with Ozak AI attracting attention through its presale targeting significant growth from $0.005 to $1.
- Aptos (APT) sees a surge post ETF update by Bitwise, with potential bullish indicators like a double-bottom formation and breakout from a descending wedge. Targets of $6.50 and $13 are possible if it breaks resistance at $5.15.
- Ethereum (ETH) maintains consolidation around $2,452, with increasing network activity. Analysts highlight the importance of holding above $2,400 for a bullish scenario, eyeing a move towards $2,800 if it breaches $2,510 resistance.
- Ozak AI's predictive AI-driven platform attracts investors with a presale price of $0.005, aiming for a significant surge to $1. The platform's technology leverages machine learning for financial market insights and operates on a trustless decentralized data infrastructure.
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TheNewsCrypto
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383
DEXE Gains DeFi Traction, But Ozak AI’s AI-Powered Presale Promises Bigger Utility and Growth
- DEXE token gains traction with ecosystem upgrades and increased governance participation.
- DeXe ecosystem evolves with automated yield-farming vaults, simplifying DeFi complexity for users.
- Ozak AI focuses on AI-driven real-time financial intelligence, offering decentralized infrastructure for analytics.
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23 Likes
TheNewsCrypto
2w
213
The 3 Most Discussed and Google-Searched Meme Coins This Week, and Why They’re Trending
- Little Pepe ($LILPEPE), Floki Inu (FLOKI), and Dogwifhat (WIF) are trending meme coins.
- $LILPEPE introduces its own Layer 2 blockchain, while Floki Inu sees support testing.
- Dogwifhat displays bullish patterns and strong consolidation, capturing attention for potential breakout.
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12 Likes
TronWeekly
2w
204
Image Credit: TronWeekly
How to Play Online Pokies at Pocket Pokies Casino
- Learn how to play online pokies at Pocket Pokies Casino hassle-free.
- From registering to spinning and withdrawing winnings, the guide covers it all.
- Discover why Pocket Pokies stands out for Aussie and Kiwi players. Enjoy over 800 games.
- Pocket Pokies offers quick sign-up, mobile compatibility, and lucrative welcome bonuses.
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12 Likes
Moneyweb
2w
44
Andiswa Bata to head Nedbank business and commercial banking
- Nedbank has appointed Andiswa Bata as the managing executive for Business and Commercial Banking (BCB) as part of a recent organizational realignment.
- This appointment follows the creation of two new business units, Personal and Private Banking (PPB) and Business and Commercial Banking (BCB).
- Andiswa Bata, with 18 years of banking experience, has held leadership roles at institutions like Absa Capital, Standard Bank CIB, and FNB, where she served as the CEO of the FNB Business segment.
- Bata's appointment was the result of an extensive search conducted by Nedbank, and she will assume her new role after completing her notice period at her current employer.
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2 Likes
Bloomberg Quint
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870
Image Credit: Bloomberg Quint
Asian Paints Sells Rs 730-Crore Stake To Exit Akzo Nobel Post JSW Deal
- Asian Paints sold its entire stake in Akzo Nobel India Ltd, accounting for 4.42% of the company’s outstanding equity, at an average price of Rs 3,651 per share, totaling Rs 734 crore.
- The move came after the promoters of Akzo Nobel signed a share purchase agreement with JSW Paints valued at Rs 9,400 crore, leading to an open offer by JSW Paints at Rs 3,417.77 per share.
- JSW Paints plans to fund the Rs 13,000-crore acquisition of Akzo Nobel India through a mix of internal accruals, bank debt, and private equity support in a one-third, one-third, one-third ratio.
- Despite the open offer by JSW Paints, shares of Akzo Nobel India closed 1.56% lower, but have seen a 25.36% rise in the last 12 months.
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Bloomberg Quint
2w
91
Image Credit: Bloomberg Quint
Bata India, V-Mart Looking At A Slow Start To FY26 Projects Nirmal Bang Ahead Of Q1 Results
- Nirmal Bang recommends a 'Buy' rating on Bata India and V-Mart ahead of Q1 FY26 results.
- Stronger sales of premium products like Sneakers, Hush Puppies, Comfit & Floatz, along with continued e-commerce momentum, are expected to drive Bata's topline.
- Nirmal Bang forecasts a slow recovery in volumes for mass category products due to competitive intensity from organized, unorganized, and e-commerce players for Bata and V-Mart.
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Bloomberg Quint
2w
1.2k
Image Credit: Bloomberg Quint
8th Pay Commission: 30-34% Effective Salary Hike On Cards, Rollout Likely In FY27, Says Ambit Capital
- The 8th Pay Commission is expected to bring a 30-34% effective salary hike.
- This increase, likely in FY26-27, could cost the Center an additional Rs 1.8 lakh crore.
- The panel setup for the new Commission may delay the implementation timeline to FY27.
- Rolling out the new salaries and pensions could boost GDP and equity market inflows.
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25 Likes
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