Despite near-term headwinds, analysts bullish on FMCG stocks

Companies, analysts feel, will be able to pass on the sharp rise in raw material – oil – prices over time. Despite near-term headwinds of rising input costs and the possibility of lower demand for products as Covid dented rural & urban India, and impacts both production & consumption, analysts remain bullish on stocks of fast moving consumer goods (FMCG) […]

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Audit norms: RBI, govt not on same page

North Block is concerned that when India is trying to attract more investment, putting up restrictions on audit firms could create an avoidable bad advertisement.Subhomoy Bhattacharjee reports. The finance ministry feels the Reserve Bank of India’s dividend cheque of Rs 99,122 crore (Rs 991.22 billion) is just the support needed to finance a stimulus programme for the economy. At the […]

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Asia shares pare gains on caution, oil falls again

HONG KONG (Reuters) – Asia stocks reversed early gains on Tuesday, with traders sidelined ahead of U.S. inflation data and a European monetary policy meeting this week while oil prices lost more ground on worries over the fragile state of the global recovery.FILE PHOTO: FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese […]

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Tennessee woman fired gun at SUV carrying family of 6, authorities say

A Tennessee woman has been arrested and charged in Missouri for firing a gun at an SUV with four children inside, police say. Shanyka K. Fouche, 22, of Memphis, Tennessee, was charged Saturday near St. Louis with first-degree assault, unlawful use of a weapon — shooting from a motor vehicle resulting in injury, two counts of armed criminal action, attempted assault, and five […]

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‘Strong economy attracts investment’

‘I’m not sure it’s a bubble.’ “Whether it’s the PMI on goods or services, electricity consumption, FDI flow, foreign exchange reserves, the indicators have been sound,” Union Finance Minister Nirmala Sitharaman tells Business Standard‘s Dilasha Seth, Shrimi Choudhury and Nivedita Mookerji in the concluding part of a two-part interview. Part 1: ‘I’m willing to give more than Rs 35,000 crores […]

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The best hand sanitizers to buy when Purell is out of stock

The Centers for Disease Control and Prevention (CDC) recommend using hand sanitizers with at least 60% alcohol. We tested 44 hand sanitizers that meet the CDC guidelines and the US Food & Drug Administration’s (FDA) safety standards. This article was medically reviewed by Aimee Desrosiers, PA-C, MS, MPH, a practicing infectious diseases physician assistant in Washington, DC. If you can’t […]

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