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‘You buy Russian arms… stay in Brics bloc’: US Secy looks rattled by India’s defence, diplomatic policies | Watch - Firstpost
- ‘You buy Russian arms… stay in Brics bloc’: US Secy looks rattled by India’s defence, diplomatic policies | Watch Firstpost
- "Expect US-India Trade Deal In Not Too Distant Future": Top Trump Aide NDTV
- India’s Russian arms deals ‘rubbed US the wrong way’, but trends changing now: US Commerce Secretary Lutni The Economic Times
- India did certain things that 'rubbed US the wrong way': Secretary of Commerce Lutnick Deccan Herald
- Free trade agreement with the US? What India needs to do to secure a deal The Indian Express
Israeli troops kill at least 27 Palestinians near Gaza aid site, medics say - The Hindu
- Israeli troops kill at least 27 Palestinians near Gaza aid site, medics say The Hindu
- What we know about the shootings near Gaza aid distribution sites The Hindu
- What we know about the killing of Palestinians at a food point in Gaza The Guardian
- Israeli gunfire kills at least 27 aid seekers in Gaza: Health Ministry Al Jazeera
- 27 killed as Israeli army opens fire near Gaza aid point Times of India
Suzlon Energy share price slides 4.5%, slips below ₹70 on profit booking after strong Q4 rally - Mint
- Suzlon Energy share price slides 4.5%, slips below ₹70 on profit booking after strong Q4 rally Mint
- Suzlon Energy shares fall another 5% as profit booking continues after Q4 CNBC TV18
- Suzlon vs Inox Wind: Which wind energy stock should you buy after March quarter results? Mint
- ICICI Securities retains Buy on Suzlon Energy, raises target price to Rs 76 The Economic Times
- Buy Suzlon Energy; target of Rs 83: Motilal Oswal Moneycontrol
Most Beautiful Nebula Images Captured By NASA Hubble Space Telescope - Times Now
- Most Beautiful Nebula Images Captured By NASA Hubble Space Telescope Times Now
- 8 Beautiful Images Of Hidden Galaxies By NASA Hubble Space Telescope Times Now
- 10 beautiful and mesmerising pictures of the Universe by NASA Times of India
- 7 mind-blowing images of cosmology captured by NASA Hubble Space Telescope DNA India
- 7 most stunning images of NASA Star clusters shared by NASA India.Com
Soccer-FIFA's inaugural Club World Cup set to kick off in the US amid challenges - Reuters
- Soccer-FIFA's inaugural Club World Cup set to kick off in the US amid challenges Reuters
- FIFA Club World Cup 2025: Full Schedule, Date and Time, Groups, Venues, Key Fixtures and Everything you n Times of India
- MLS trio: LAFC join Inter Miami, Seattle Sounders at Club World Cup MLSsoccer.com
- LAFC qualify for FIFA Club World Cup with win over Club America Al Jazeera
- Club World Cup Tier Rankings: From Real Madrid’s decline to PSG’s ascension, who's here to win it, who's here for holiday, and who can capture the imagination of fans in U.S.? Goal.com
5 must-have indoor plants - NewsBytes
- 5 must-have indoor plants NewsBytes
- 10 Gorgeous Indoor Plants That Thrive in Low Light Times Now
- Top indoor plants that are perfect for beginners Hindustan Times
- 8 indoor plants which are great for health and wellness DNA India
President Murmu promulgates ordinance to amend J&K Reservation Act, implements 85% in Ladakh, excluding 10% EWS - Mint
- President Murmu promulgates ordinance to amend J&K Reservation Act, implements 85% in Ladakh, excluding 10% EWS Mint
- MHA notifies new policies for Union Territory of Ladakh that determine domicile tag The Hindu
- Ladakh's new domicile rules: Specific council reservations and 85% local job quota - all you need to know Times of India
- New rules on reservation, domicile, languages notified for Ladakh Hindustan Times
- Govt revises reservation framework in Ladakh vide UT of Ladakh Reservation (Amendment) Regulations, 2025 SCC Online
"Not Just A Tantrum": Anand Mahindra's Epic Post On Magnus Carlsen's Reaction After Loss vs D Gukesh.. - NDTV Sports
- "Not Just A Tantrum": Anand Mahindra's Epic Post On Magnus Carlsen's Reaction After Loss vs D Gukesh.. NDTV Sports
- Magnus Carlsen meltdown: Pieces fly off the board as D Gukesh shocks World No. 1 Times of India
- Gukesh-Magnus clash a big draw, says Norway Chess founder; eyes India for his next move Moneycontrol
- "D Gukesh Was Blindly...": Magnus Carlsen's First Reaction After Loss To Indian GM NDTV Sports
- Gukesh’s coach explains how world champion solved Magnus Carlsen and Arjun Erigaisi puzzles The Indian Express
Covid cases in India cross 4,000-mark
Categories: Business News
WHO launches first ever rsv vaccine for babies; what parents need to know now - Moneycontrol
- WHO launches first ever rsv vaccine for babies; what parents need to know now Moneycontrol
- WHO outlines recommendations to protect infants against RSV – respiratory syncytial virus World Health Organization (WHO)
- WHO Releases First-Ever position paper on RSV Immunization for kids Medical Dialogues
- WHO recommends the use of RSV vaccines to protect infants from respiratory infections theweek.in
- Merck’s anti-RSV antibody expands protection for infants Nature
Northeast floods: PM Modi speaks to Assam, Sikkim CMs, Manipur governor; assures help as lakhs affected, houses ravaged - Mint
- Northeast floods: PM Modi speaks to Assam, Sikkim CMs, Manipur governor; assures help as lakhs affected, houses ravaged Mint
- Monsoon woes: On the southwest monsoon and the northeast The Hindu
- PM Modi speaks to Assam, Sikkim CMs, Manipur governor on flood situation; assures full support Hindustan Times
- Assam floods worsen, over 5 lakh affected, death toll touches 36 in Northeast Times of India
- When Wealth Rules, Cities Drown The Wire India
Nothing Phone 3 India price leaked online: Check launch date, design, camera colour options and more specs here - financialexpress.com
- Nothing Phone 3 India price leaked online: Check launch date, design, camera colour options and more specs here financialexpress.com
- Nothing Phone 3 vs Phone 2: 5 significant upgrades India Today
- Nothing Phone (3) and Nothing Headphone (1) colors and prices leak - GSMArena.com news GSMArena.com
- OnePlus 13s vs Nothing Phone 3: Expected India price, design, cameras and more financialexpress.com
- Nothing Phone 3 to launch in July: Expected design, features and more Times of India
Go Fashion shares rally 5% as Motilal Oswal initiates coverage with buy, sees 31% upside
Shares of Go Fashion climbed as much as 5.1% on Tuesday to Rs 904.50 on the BSE after brokerage Motilal Oswal initiated coverage on the stock with a 'buy' rating and a target price of Rs 1,127, citing the company’s category leadership in women’s bottom-wear and a scalable, brand-led retail model.The target price of Rs 1,127 indicates an upside potential of 31% from current levels.Motilal Oswal described Go Fashion, which operates under the ‘Go Colors’ brand, as “a pioneer and category leader in the women’s bottom wear market, holding an 8% share of the organized market.” The brokerage added that the company has “successfully established a direct-to-consumer (D2C) brand, offering a wide range of products through 776 exclusive brand outlets (EBOs) across 180 cities.”The brokerage highlighted that “bottom wear addresses functional, repeat-use needs and is less susceptible to fashion cycles compared to top wear,” enabling steady demand and operational stability. The segment, valued at Rs 135 billion in 2020, is the fastest-growing sub-category in the apparel market, with about 12% CAGR and relatively low organized retail penetration, estimated at about 38% by 2025.According to the brokerage, “GOCOLORS’s success stems from its exclusive focus on women’s bottom-wear, a structurally underserved category, which enabled the company to build deep domain expertise, high product variety, and strong brand recall, and its early transition to the EBO model, which provided complete control over pricing, merchandising, and consumer experience.”Financial performance and projectionsBetween FY19 and FY25, the company delivered a 20% CAGR in revenue and profit, with EBOs contributing 73% of sales. Gross margins improved 350 basis points to 63.3% over the period, though EBITDA margins stayed flat at about 17% due to negative operating leverage in FY25.Still, Go Fashion generated Rs 3.3 billion in cash from operations and Rs 1.6 billion in free cash flow, maintaining an 18% return on capital.Looking ahead, Motilal Oswal sees a 16% revenue CAGR through FY28, driven by 18% growth in EBO and online channels. It expects operating leverage to offset some pressure from raw material costs, expanding EBITDA margins to 18.2%.“We value the stock at 45x FY27E EPS to arrive at our TP of INR 1,127,” the note said, adding that the stock currently trades at 34x FY27E EPS after a recent correction.Technical outlook and recent stock performanceGo Fashion shares have declined 8% over the past year and are down 21% in the last six months. However, the stock has recovered 25% over the past three months and gained 4.3% in the last week.Technically, the stock is trading above six of its eight key simple moving averages, including the 5-day, 10-day, 20-day, 30-day, 50-day, and 100-day SMAs. It remains below the 150-day and 200-day SMAs. The Relative Strength Index (RSI) stands at 56.6, indicating the stock is neither overbought nor oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) is at 18.7, above its centerline but below the signal line.Also read | Why is it the perfect time to invest in Nifty 200 Momentum 30 Index?(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Categories: Business News
Vodafone Idea share price target above Rs 12? What brokerages say
Amid persistent concerns over subscriber erosion and a heavy debt burden, Vodafone Idea (VIL) shares have drawn the attention of several brokerage firms, with some projecting the stock could rise to as high as Rs 12.10.The company posted soft Q4FY25 results wherein the consolidated net loss was reported at Rs 7,166.1 crore for the quarter ended March 31, 2025 (Q4FY25), marking a 6.6% improvement from the Rs 7,674.59 crore loss reported in the same quarter last year.Further, the company is not able to see any visibility on relief on its long-standing Adjusted Gross Revenue (AGR) dues, amounting to nearly Rs 30,000 crore.Following this, analysts across brokerage firms have weighed in on their views about the stock. Here’s what they say:UBS: Buy| Target price: Rs 12.10The brokerage firm noted that VIL's Q4FY25 results were below their expectations. Additionally, the company lost 1.6 million subscribers in Q4 (vs a loss of 5.1-5.2 million in Q2/Q3 and UBS’s estimate of 1.8 million subscriber loss in Q4). Overall, the results were slightly lower than the estimates and UBS noted that an eye needs to be kept on the fundraise updates, capex plan, 5G coverage and any potential AGR / spectrum relief measures.Nuvama: Hold| Target price: Rs 7.5According to Nuvama, Vodafone Idea reported in-line Q4FY25 results, with revenue declining 0.9% quarter-on-quarter due to muted ARPU growth, partly attributed to fewer working days in the quarter. Nuvama observed that while subscriber losses have moderated to pre-tariff hike levels, they still impede the company's recovery. The delay in debt funding remains a major overhang on VIL’s viability. The brokerage cut its FY26E and FY27E EBITDA estimates by 7% and 4% respectively, citing further dilution from the government’s equity holding. VIL is valued at 11x FY27E EV/EBITDA.Also read: Yes Bank shares crack 7% after 3% equity changes hands via block dealsMacquarie: Underperform| Target price: Rs 6.50Global brokerage firm Macquarie reported that VIL posted a weak set of Q4FY25 results, missing estimates due to continued subscriber erosion and higher interest burden. VI’s net subscriber base declined by 1.6 million quarter-on-quarter to approximately 198 million, while ARPU rose marginally by 0.6% to Rs 164.Macquarie noted that the company’s government dues stood at around US$22.5 billion, with US$4.3 billion of spectrum dues converted to equity, leading to a 49% government shareholding. In contrast, bank and financial liabilities were lower at US$0.3 billion, and the cash balance stood at US$1.2 billion. The board has approved a Rs 200 billion (US$2.3 billion) fundraise via equity, debt, or a hybrid route.The brokerage highlighted that the ongoing erosion in subscribers indicates persistent structural challenges, and despite the government being the largest shareholder, any further equity infusion remains uncertain. Macquarie continues to see industry-wide tailwinds from tariff hikes benefiting Bharti Airtel and Reliance Industries, which it maintains as Outperform-rated stocks.Motilal Oswal: Sell| Target price: Rs 6.5Motilal Oswal also highlighted that Vodafone Idea continues to lose market share to peers due to weaker ARPU conversion, a weaker subscriber mix, and high churn rates. The telco is planning a significant capex cycle of Rs 50,000–Rs 55,000 crore over the next two to three years to bridge the network gap with competitors. However, the brokerage noted that regaining lost subscribers will remain challenging, given rivals' stronger cash flows and deeper financial reserves.Motilal Oswal added that Vodafone Idea’s network investments are heavily reliant on fresh debt funding, which itself hinges on continued AGR relief and government support, with an estimated Rs 20,000 crore annual cash shortfall projected through FY26–31. Stabilizing the subscriber base and securing further government relief are seen as crucial to the company’s long-term survival.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Categories: Business News
Canada revises ‘maintained status’ rules
Canada’s immigration department, Immigration, Refugees and Citizenship Canada (IRCC), has updated the rules around maintained status for temporary residents who submit multiple extension applications. The changes came into effect on 28 May 2025, according to a report by CIC News. According to the new guidance, if a temporary resident submits a second application for extension while already on maintained status and the first application is refused, the second application will no longer keep them in status. Instead, the second application will be refused and returned. This marks a shift from earlier rules, where the submission of a second application—even after a first refusal—could continue to provide legal stay, though not work or study rights.Maintained status, earlier known as implied status, allows a foreign national to remain in Canada legally and continue working or studying under the conditions of their expired permit, provided they applied for an extension before the expiry date.As per the CIC News report, under the previous rules, individuals could still be considered under maintained status even if their first application was refused and a second was pending. This has now changed. If the second application is submitted after the permit expiry and the first application is rejected, the individual is now considered out of status. They may apply for restoration if eligible.The updated officer instructions have also removed a section related to applying for work or study permits at the port of entry, aligning with the ongoing restrictions on flag-poling.These changes aim to bring clarity and consistency to how immigration officers process multiple applications and to ensure that applicants are not automatically kept in status solely due to a second pending application after a refusal.
Categories: Business News
Over 200 Inmates Escape Pakistani Jail After Earthquake Tremors - Deccan Herald
- Over 200 Inmates Escape Pakistani Jail After Earthquake Tremors Deccan Herald
- Pakistan jailbreak: Over 100 prisoners escape during earthquake evacuation in Karachi Times of India
- Earthquake sparks escape of 216 inmates from Pakistan prison Al Jazeera
- In A Huge Jailbreak, Dozens Of Inmates Escape Pakistani Prison During Earthquakes NDTV
- Earthquake mein avsar, over 200 prisoners escape Karachi jail India Today
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