Latest news with #FinanceIntroductiontoTechnicalAnalysis&CandlestickTheory
Time of India
3 hours ago
- Business
- Time of India
India Leans in on Local Growth
India is considering a fresh set of measures to support domestic growth amid a worsening global trade environment and rising external headwinds, including new tariffs from the United States. Officials said the message from the highest level in the government is to strengthen the domestic economy by focussing on steps to further enhance ease doing business and foster investment-friendly policies. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program All ministries and departments have been asked to identify measures that can be quickly rolled out over the next few months. 'The message from the highest level is very clear… identify steps that can lift the country's growth,' an official privy to the ongoing deliberations told ET. Top officials in the government have held meetings to brainstorm the measures, with discussions also planned with industry stakeholders to identify key areas requiring policy intervention. This comes as the country prepares to face the 25% tariff imposed on exports by the US. Adding to the pressure is the recent announcement by US President Donald Trump to top this 25% levy with a penal duty for importing oil from Russia. Live Events Experts have said the move will have a marginal impact on India's economy as it is not export-oriented. India exported $86 billion worth of goods last year to the US. Last week, Goldman Sachs said US levies could reduce India's annual gross domestic product (GDP) growth by around 0.3 percentage points. Policymakers are of the view that the current pace of growth is insufficient and more needs to be done to deregulate and unshackle the economy. The Reserve Bank of India has projected a growth rate of 6.5% for FY26, while the International Monetary Fund has forecast 6.4% growth for FY26. A review of the goods and services tax framework is already in the works. The government is also eyeing measures to ease various procedures and processes that hinder investments and businesses, particularly the need for multiple clearances. Steps to encourage local manufacturing in strategic and critical sectors are being identified, besides ways to cut dependence on a single country for imports. Bringing down touchpoints for businesses with the government and measures to attract foreign investments into the country are also being examined.
Time of India
3 hours ago
- Business
- Time of India
'No order to stop buying Russian oil'
US President Donald Trump 's announcement of an additional levy of 25% tariffs on India may further complicate the crude oil import and refined fuel export situation for private refiners, including Reliance Industries and Nayara Energy. Officials said, though, thus far, there is no directive from the government to stop buying Russian crude, new export markets will have to be determined to place refined fuel products. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program "Reliance is only affected by the overall EU sanctions mechanism, and this may impact their margins going forward. But for Nayara, the situation may aggravate further as the exports of refined fuels will suffer, impacting Nayara's refinery throughput further," said an industry official. According to sources, Nayara Energy Ltd has already reduced run rates at its refinery, currently operating it at about 80%. Nayara exports 30% of its refined fuel to other nations. Brent crude futures were down 35 cents, to $67.29 a barrel on Wednesday, while US West Texas Intermediate (WTI) crude fell 41 cents, to $64.75. Both companies will have to scout for alternative sources for crude supplies. On August 2, ET reported that Nayara Energy has reached out to Indian state-run refiners and marketers, offering its export volumes of petrol and diesel to these companies. But there is only a limited quantity that the state-run refiners can lift. Nayara Energy runs India's second-largest single-location refinery in Vadinar, Gujarat, with a capacity of 20 million tonnes per annum. Live Events Nayara Energy delivers approximately 8% of India's refining output and is currently expanding capacity in the petrochemical and alternative energy sectors. The company, which has 6,300 retail outlets now, had plans to expand the network by over 50% by 2030. The EU member states on July 18 introduced sanctions against Russia, in a bid to target the oil and energy sector revenues.
Time of India
3 hours ago
- Business
- Time of India
McDonald's returns to sales growth with budget meals and promotions
McDonald's sales picked up in the latest quarter, suggesting that pop culture-focused collaborations and budget meals are helping to offset diners' economic anxiety. Global sales at restaurants open at least 13 months rose 3.8% in the second quarter, the company said Wednesday. That's higher than the average estimate of analysts polled by Bloomberg. International markets led the company's growth, while the US was slightly ahead of expectations as Americans spent more per trip. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The results ended four quarters of declining or tepid growth as the burger chain dealt with an E. coli outbreak, backlash against American brands in the Middle East and consumer unease about the economy in response to President Trump's trade disputes. The chain's second-quarter efforts to bring in customers included a meal timed to the launch of the Minecraft movie and a Squishmallows themed limited-time offer. In the US, the company launched chicken strips while trying to win over budget-sensitive diners with offerings such as its meal bundle starting at $5. The turnaround in the US is stark, with sales rising 2.5% in the second quarter after slumping in the 3 months ended late March. It also contrasts with a mixed picture across the restaurant industry. Live Events The overall second-quarter results show that McDonald's strategy is working and could lead to "sustained" same-store sales outperformance compared to the rest of the industry, Citi analyst Jon Tower said. Rivals such as Chipotle Mexican Grill and Pizza Hut are grappling with pullbacks as they struggle to convey to customers that their meals are a good deal.
Time of India
3 hours ago
- Business
- Time of India
US tariffs may alter export plans from India: Kohler CEO
David Kohler , chair and CEO of US kitchen and bathroom products company Kohler, said the brand was hopeful that India and US can sort out the current tariff issue and find a fair path forward. "They are two important historic friends and trading partners, and it doesn't make sense to change that," Kohler told ET. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The executive said that tariff is not relevant to India business, which is among the top three markets for the company, though it could impact where Kohler exports products from the India plant to outside of India. Kohler has invested ₹312 crore in the last five years in the company towards growth, expansion and modernisation of its operations. Kohler India is planning the expansion of its manufacturing capabilities through a planned investment of ₹800 crore in the next three fiscals. "We like exporting from our India plants, and we are hopeful that trading conditions enable that. We always want to export from India, depending on the trading conditions. It's going to be really a matter of where in the world we export to. We have markets all over the world so we can export to Europe, to the United States, or South Asian markets. But, depending on what tariff levels are, that will depend on where we export to," said Kohler. Live Events India is among the top three markets for Kohler and continues to be the fastest growing market for the brand. "India remains one of our most strategic markets in the world. We looked at a lot of potential acquisitions before we decided to invest in India and we took the harder road, but I think it's one that's paid off better. The decision to manufacture in India for India combined with our decision to design and develop and then produce in India, has really been key," Kohler said. The executive said that the Indian consumer continues to look for luxury and the brand is changing the offering accordingly. "We are going to continue to invest in India and bring new things, new products and new brands to India. We are now launching a luxury product for the consumer who has access to the best brands in the world. Luxury market is just getting bigger and it's one of the fastest growing segments in India," Kohler said. The company is expanding its manufacturing capacity in India on the back of growing demand. Despite all the geopolitical tension, Kohler feels the growth in the business will continue. "We feel pretty positive about where we are right now. Despite all the tariff concern in the United States, I think the country's shown good resilience. The US is such a big service economy that inflationary impact has been a little more muted, that is what people might have thought," Kohler said. "It could be a nice period of economic growth and expansion over the next five years, which might be a little counter-intuitive to some of the prevailing thinking of what the tariff might do. The geopolitical tensions could create issues, but it's kind of interesting how the world has been somewhat immune to all of these tensions and just continued to move forward," the executive said.
Time of India
3 hours ago
- Business
- Time of India
Natural disasters caused $135 bn in economic losses in first half of 2025: Swiss Re
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles wildfires, reinsurer Swiss Re said Wednesday. Swiss Re, which serves as an insurer of insurance companies, said first half losses were up from the $123 billion in the first half of 2024. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The Zurich-based reinsurance giant estimated that of this year's first half losses, $80 billion had been insured -- almost double the 10-year average, in 2025 prices. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Neighbor Chops Down Man's Tree, Freezes When He Sees What's Inside Undo The Los Angeles blazes in January constitute the largest-ever insured wildfire loss event by far, reaching an estimated $40 billion, said Swiss Re. It said the "exceptional loss severity" of the fires was down to prolonged winds, a lack of rainfall and "some of the densest concentration of high-value single-family residential property in the US". Live Events Swiss Re said losses from wildfires had risen sharply over the past decade due to rising temperatures, more frequent droughts and changing rainfall patterns -- plus greater suburban sprawl and high-value asset concentration. "Most fire losses originate in the US and particularly in California, where expansion in hazardous regions has been high," it said. Before 2015, wildfire-related insured losses made up around one percent of all natural catastrophe claims, but now account for seven percent. - Hurricane season approaching - Insured losses from severe thunderstorms amounted to $31 billion in the first half of 2025. The second half of the year is usually more costly for insurers due to damage during the North Atlantic hurricane season. If current loss trends continue, global insured losses from natural catastrophes in 2025 could exceed the Swiss Re Institute's projections of $150 billion. "The strongest lever to increase the resilience and safety of communities is to double down on mitigation and adaptation. It's here that everyone can help reduce losses before they occur," said Swiss Re's group chief economist Jerome Haegeli. "While mitigation and adaptation measures come at a price, our research shows that, for example, flood protection measures such as dykes, dams and flood gates are up to 10 times more cost-effective than rebuilding." The March earthquake in Myanmar figured among the major natural disasters in the first six months of the year, with the tremors felt in neighbouring Thailand, India, and China. In Thailand alone, insured losses reached $1.5 billion. Overall, while natural disasters caused $135 billion in economic losses in the first half of 2025, man-made disasters -- which include industrial accidents -- caused another $8 billion in losses, of which $7 billion were insured losses.
