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HinduBusinessLine
15h
303
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AI-enabled white goods with smart features gain traction
- AI-enabled white goods with smart features are gaining traction in the market, with brands incorporating AI-tech features in air conditioners, refrigerators, and washing machines.
- Manufacturers are using AI technology in white goods to improve efficiency and optimize machine performance, leading to enhanced user experience.
- Consumer durables like Smart TVs are witnessing significant growth in demand, driven by features such as AI-powered voice assistance, content recommendation, and personalization.
- Television makers are observing increased interest in QLED TVs equipped with AI capabilities, leveraging AI chipsets for better picture and sound quality, voice interaction, and smart home connectivity.
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HinduBusinessLine
15h
32
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Flying schools to be graded for safety, operations soon
- DGCA is planning to grade flying schools based on parameters such as aircraft utilization, safety records, and operational aspects.
- Schools are required to update their websites with relevant information to help cadets make informed decisions.
- India is anticipated to need 20,000 pilots in the near future due to airlines placing large aircraft orders.
- Flying schools have raised concerns over the ranking system proposed by DGCA and suggested categorization with standards instead.
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HinduBusinessLine
15h
87
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India to be focused on avoiding US reciprocal tariffs in ongoing Ministerial meetings
- India is aiming to avoid US reciprocal tariffs in the ongoing Ministerial meetings, with concerns about the inflexibility of the Trump administration on the existing 10 per cent baseline tariff.
- Indian exporters are eager for a rollback of the 10 per cent baseline tariff, especially affecting MSME units, as they face difficulties without bargaining power or financial reserves.
- Commerce Minister Goyal is engaged in discussions with US representatives regarding the Bilateral Trade Agreement (BTA), with expectations of an imminent limited trade deal announcement.
- India is facing pressure to reduce tariffs on certain products in exchange for tariff concessions to the US, drawing parallels to the challenges seen in US-UK trade negotiations.
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TronWeekly
15h
116
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Solana Price Update: Bullish Price Targets, Sui and Remittix Competition Impact
- Solana experienced a solid price run from $133 to $184, sparking speculation of breaking $200 and reaching new all-time highs.
- Remittix's presale has raised over $15 million, showcasing potential for significant growth with its innovative PayFi utility.
- Solana is aiming for a price surge towards $200, but faces stiff competition from other projects like Remittix, which offers a revolutionary payment solution.
- While Solana faces challenges like diminishing returns and increased competition, Remittix is seen as a strong contender for outperforming big-cap competitors in terms of gains.
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HinduBusinessLine
15h
168
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India-Bangladesh garment trade hit: How the last truck came in through Petrapole minutes before restrictions kicked in
- India imposed restrictions on certain exports from Bangladesh, affecting the garment trade between the two countries.
- The last truck carrying readymade garments worth ₹12-15 lakh for Reliance Retail India crossed into India through Petrapole before the restrictions were implemented.
- Approximately 30% of land-based trade between India and Bangladesh is accounted for by Petrapole, the largest land port in South Asia.
- Import items affected by the restrictions include briefcases, jute yarns, hydrogen peroxide, bags, cotton rags, etc. Re-routing shipments through sea ports like Kolkata and Mumbai is being considered, but it would lead to cost escalation for importers.
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HinduBusinessLine
15h
215
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Morning dopamine, no extreme diets, and a nighttime whodunnit
- Fitness routine includes weightlifting for an hour and cardio exercises for 30 minutes to aid mental clarity.
- No extreme diets followed. Focus on protein-rich foods like chicken, paneer, and soya for muscle building. Calorie intake managed through two meals a day and 16-hour intermittent fasting.
- Enjoys listening to music like Rishab Rikhiram Sharma's 'Sitar for Mental Health' while heading home.
- Nighttime routine involves walking, followed by at least 30 minutes of reading a fiction novel, usually a whodunnit.
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HinduBusinessLine
15h
237
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Used cars on speed track as new car buyers stall on affordability
- Affordability is becoming a major hurdle for new car buyers due to the nearly doubled average cost of new vehicles over the past decade.
- The used car segment is growing at 10–12% annually, appealing due to affordability, flexibility, and wider access to financing.
- Affordability remains a primary decision factor, with vehicles priced under ₹5 lakh dominating demand, especially among first-time buyers.
- India's used car market is projected to reach $40 billion by FY26, with affordable hatchbacks and compact SUVs being popular choices, driven by younger cars entering the resale market and improved credit accessibility.
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HinduBusinessLine
15h
124
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Craftsman Automation plans ₹750–800 cr capex in FY26
- Craftsman Automation plans to allocate ₹750–800 crore in capex for FY26, with investments primarily in subsidiaries Sunbeam and DR Axion.
- Despite global uncertainties, the company aims for a top line of ₹7,000 crore and EBITDA of ₹1,100 crore in FY26, building on its strong performance in FY25.
- Analysts predict robust growth across key business segments for Craftsman Automation in FY26, with double-digit revenue growth expected in the powertrain segment and significant revenue generation in subsidiary Sunbeam.
- The standalone aluminium business is set to grow at a 20% compound annual growth rate, while DR Axion and storage solutions segments are also expected to see healthy growth in the coming years.
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HinduBusinessLine
15h
230
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Greenlighting the world’s first low-carbon COPD inhaler
- Trixeo Aerosphere, a COPD inhaler, has been approved with a low-carbon propellant to reduce greenhouse gas emissions.
- The new version of Trixeo Aerosphere uses HFO-1234ze(E) as a propellant, replacing the conventional HFA-134a propellant.
- This low-carbon COPD inhaler will be available in the UK in the latter half of the year, alongside the current version for patients.
- The approval aims to offer a widely used COPD treatment with a lower carbon footprint, supporting environmental sustainability without compromising safety or quality.
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TronWeekly
15h
84
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Cardano Price Will Take Time Before Exploding Into Life, These 2 Altcoins May Offer Gains Sooner
- Cardano's price is lagging as it focuses on building its ecosystem and implementing upgrades.
- Pepe has shown a significant 148% increase in its price over the past few months, attracting attention and investment.
- Remittix aims to revolutionize cross-border payments by offering a crypto-to-fiat bridge, attracting investors and raising over $15 million in its presale.
- While Cardano remains a promising long-term project, Pepe and Remittix are seen as offering potentially quicker gains in the current market.
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Guardian
15h
91
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Investors await clues on fallout from M&S cyber-attack
- Marks & Spencer is expected to provide more details on the impact of a recent cyber-attack, which forced the retailer to halt online operations and affected some in-store availability.
- The financial results for the year up to March 29 will be released this week, with focus on the aftermath of the cyber-attack and its implications on the company's finances, particularly online clothing and home sales.
- Analysts estimate the cyber-attack could cost M&S around £200m for the 2025/26 financial year, with potential insurance payouts expected to offset part of this cost.
- Investors are keen to learn if M&S will provide financial guidance for the future or increase its shareholder dividend, as the cyber-attack has led to a significant drop in the company's market value.
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HinduBusinessLine
16h
336
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Post-Covid slowing of progress in global health
- Global life expectancy fell by 1.8 years between 2019-2021, the largest drop in recent history, due to the impact of Covid-19.
- Increased levels of anxiety and depression linked to Covid-19 reduced global healthy life expectancy by six weeks, erasing gains from lower mortality due to non-communicable diseases.
- The World Health Organization warns that urgent global action is needed as overall progress in global health is under threat.
- Failure to meet 2030 targets could lead to an additional 700,000 maternal deaths and 8 million under-five deaths between 2024 and 2030, according to the WHO.
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Guardian
16h
32
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US credit rating downgrade could add to pressure on government debt
- Moody’s downgraded the US credit rating from Aaa to Aa1, citing rising government debt and widening budget deficit.
- Concerns about the US fiscal trajectory have increased with the national debt standing at $36tn and fear of higher deficits from proposed tax cuts.
- Moody’s expects larger deficits and growing interest costs in the future due to successive administrations' failure to address fiscal deficits adequately.
- Investors are hopeful the downgrade will not have a lasting market impact, but attention is now focused on US debt levels and potential increase in Treasury yields.
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HinduBusinessLine
16h
69
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A reckoning for drug pricing
- Global pharma industry facing uncertainty due to latest directive on drug pricing, impacting Indian drugmakers as well.
- Potential rise in medicine prices in other countries and implications on India-specific drug pricing discussed amid anticipated announcements.
- Trump's expectation of lowering drug prices for Americans by significant percentages poses questions on Indian drugmakers' positioning in the market.
- Pharmaceutical landscape set for recalibration with focus on trade negotiations, intellectual property rights, and impacts on generic drugs segment.
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Bloomberg Quint
16h
348
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Trade Setup For May 19: Nifty 50 Faces Resistance At 25,200 Levels After Strong Week
- NSE Nifty 50 faces resistance at around the 25,200 levels after a strong performance last week, as per stock market analysts.
- Short-term technical outlook for Nifty remains bullish, with 24,800 level identified as immediate support.
- Nifty expected to trend positively towards 25,200-25,300 levels with potential breakout above 25,300 in the coming weeks.
- Foreign portfolio investors were net buyers, domestic institutional investors turned buyers; Nifty May futures, F&O cues, and key stock updates highlighted.
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