China's new home prices fell for the 16th consecutive month but at a slower pace in October, official data showed on Friday, suggesting overall sentiment remains weak despite a barrage of support measures to stabilise the crisis-hit property sector. New home prices were down 0.5% month-on-month after a 0.7% dip in September, the slowest pace in seven months.
Open FlipFor decades, kirana stores were the bedrock of India’s retail ecosystem, providing neighbourhood convenience, affordability and accessibility. FMCG majors like Dabur, Marico, HUL, and Godrej Consumer Products are streamlining their inventories to balance loyalty to traditional distributors and adapt to growing demand for tech-driven solutions amidst the rise of e-com and q-com platforms.
Open FlipBalu Forge Industries' stock has rallied due to increased investor interest, with Foreign Portfolio Investors (FPIs) raising their stake by 1.92% to 10.43% in the September 2024 quarter. Meanwhile, ace investor Ashish Kacholia reduced his stake to 1.82% from 2.14%. The company reported a 107% YoY jump in net profit and 60% YoY revenue growth in Q2FY25.
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