Hindustan Unilever Q2 Profit Falls 2%, Thyrocare Revenue Surges 19.8%
In the latest quarterly earnings report, Hindustan Unilever has announced a 2% decrease in profit for the second quarter, raising concerns among investors and analysts about the company's performance amid challenging market conditions. This decline prompts a closer look at the underlying factors affecting the company's profitability and its future strategies to regain momentum. On a brighter note, Thyrocare has reported a remarkable
Modi and Xi to Hold Bilateral Meeting at BRICS Summit, Signaling Improved India-China Relations
Prime Minister Narendra Modi and Chinese President Xi Jinping will hold a significant bilateral meeting on the sidelines of the BRICS summit in Russia, marking their first direct conversation since the 2020 Galwan clash. Foreign Secretary Vikram Misri confirmed the meeting, emphasizing its importance in light of recent improvements in India-China relations. The upcoming talks come after a consensus on a new patrolling arrangement along the Line of Actual Control (LAC), aiming to sta
Rishabh Pant Surpasses Virat Kohli in ICC Test Rankings Following Stellar Performance
Rishabh Pant has made headlines by overtaking teammate Virat Kohli to claim the sixth spot in the ICC Test rankings for batters. This rise comes after Pant's impressive counter-attacking innings of 99 in the second innings of the opening Test against New Zealand. Meanwhile, Kohli, who scored a solid 70 in Bengaluru, has dropped to eighth place in the rankings. India's highest-ranked batter remains Yashasvi Jaiswal, positioned fourth. In a bit of a setback, captain Rohit Shar
HSBC Appoints Pam Kaur as First Female CFO in Bank's History
HSBC Holdings Plc has made history by appointing Pam Kaur as its first female chief financial officer (CFO), a landmark decision for the bank founded over 150 years ago by a Scotsman. At 60, Kaur brings nearly four decades of banking experience, with a strong focus on auditing, risk management, and compliance. Kaur joined HSBC in April 2013 as the head of internal audit, shortly after the bank faced scrutiny for anti-money laundering and sanctions violations, resulting in a deferred
India vs Germany Hockey: Indian Men's Team Falls Short in Opening Test
In an intense opening Test of their two-match series, the Indian men's hockey team fought hard but ultimately fell to Germany in New Delhi. The match, filled with excitement and high stakes, saw German players Henrik Mertgens and captain Lukas Windfeder score key goals, leading their team to victory. Mertgens struck early, finding the back of the net in the 4th minute, giving Germany an early advantage. The momentum shifted again when Windfeder scored the second goal in the 30th
Modi Meets Iranian President Pezeshkian Amid West Asia Tensions at BRICS Summit
At the BRICS Summit in Kazan, Russia, Prime Minister Narendra Modi met Iranian President Masoud Pezeshkian to address escalating tensions in West Asia, particularly in light of ongoing conflicts involving Israel and Iran. India has voiced its "deep concern" over the situation, emphasizing the importance of dialogue and diplomacy to mitigate the crisis. The meeting took place against the backdrop of the year-long Israel-Hamas war and heightened threats between Israel and Ir
India Reviews Windfall Tax on Crude Oil Amid Global Price Volatility
The Indian government is set to review the windfall tax on crude oil after recently reducing the tax to nil, as reported by Bloomberg News. Tarun Kapoor, advisor to the Prime Minister, confirmed that the oil ministry has requested the removal of the windfall tax on crude oil output during a press briefing at the World Biogas Associations' India Conference in New Delhi. Previously, the windfall tax was set at ₹1,850 per tonne as of September 17, but it was eliminated effective
Andhra Pradesh Ministers in New Delhi Secure Funding and Development Projects
Three key ministers from Andhra Pradesh—Nara Lokesh, P. Narayana, and Satya Kumar—are intensifying their efforts in New Delhi to secure additional funds and drive development initiatives for the state. Their proactive approach has yielded positive results, with several projects receiving formal approval from Central ministers. During a recent visit, MAUD Minister P. Narayana successfully negotiated with HUDCO officials, resulting in a substantial sanction of approximatel
Andhra Pradesh Cabinet Meeting Highlights: Key Decisions and Ministerial Feedback
In a significant cabinet meeting held today in Amaravati, the Andhra Pradesh government discussed several crucial initiatives aimed at benefiting the public and improving administrative efficiency. Chief Minister Babu provided constructive feedback to some underperforming ministers, emphasizing the need for dedication and humility in their roles. One of the key decisions made during the meeting was the approval of the Deepam program, which will provide eligible households with three
YS Jagan Takes Legal Action Against Sharmila and Vijayamma Amid Family Rift
Tensions within the YS household have escalated significantly since YS Jagan became the Chief Minister of Andhra Pradesh in 2019. Once a close-knit family, rifts have grown between Jagan and his sister Sharmila, culminating in open dissent from her side. In a dramatic development, Jagan has filed a legal petition against Sharmila and their mother, Vijayamma. Reports from national media indicate that Jagan, alongside his wife Bharati, has approached the National Company Law Tribunal