[ad_1] Danish pharmaceutical giant Novo Nordisk, the maker of obesity drugs Ozempic and Wegovy, lowered its 2025 sales outlook for the fourth time this year on Wednesday after reporting tepid third-quarter results.The company, which appointed Mike Doustdar as CEO in August, now expects full-year sales growth of 8 to 11 per cent, down from a…
[ad_1] Logistics company Delhivery on Wednesday announced a consolidated net loss of Rs 50.38 crore for the quarter ending September 2025, compared with a profit of Rs 10.20 crore during the same period last year.The company’s operational revenue for Q2 FY26 rose 16.9% to Rs 2,559.3 crore from Rs 2,189.7 crore in Q2 FY25. Revenue…
[ad_1] Canada has announced a new accelerated immigration pathway for H-1B visa holders as part of the 2025 Federal Budget, aiming to attract skilled workers and strengthen the country’s innovation and research sectors. The initiative targets professionals affected by the recent US H-1B visa fee increases and seeks to fill labour shortages in healthcare, advanced…
[ad_1] Investors who started a monthly SIP of Rs 10,000 in some of India’s top equity mutual funds 25 years ago would have turned their investments into crores today, according to an analysis by ETMutualFunds. The study covered 36 equity mutual funds that have completed 25 years in the market, excluding hybrid, sectoral, and thematic…
[ad_1] India’s fuel exports drop India’s fuel exports dropped 21% month-on-month in October as refiners prioritised domestic demand during the festive season and redirected supplies to cover gaps caused by Hindustan Petroleum Corporation Ltd’s (HPCL) refinery outage. Exports remained constrained for Nayara Energy due to sanctions.Fuel shipments fell to 1.25 million barrels per day (bpd)…
[ad_1] Strong RBI dividend to help stabilise finances The recent rationalisation of Goods and Services Tax (GST) rates is likely to create a net revenue loss of around 0.1 per cent of GDP in the current financial year. However, this shortfall may be compensated by the higher dividend payout from the Reserve Bank of India…
[ad_1] Morgan Stanley MD Ridham Desai (File photo) Morgan Stanley’s MD Ridham Desai, one of India’s most closely watched equity strategists, says his bullish stance on Indian markets is rooted in structural changes that have transformed the economy’s fundamentals over the past decade.Speaking at the Business Standard BFSI Summit, Desai — who has now been…
[ad_1] Photos shared by @the2ndfloorguy on X In a quirky twist of technology and trading, an X user has shared photos showing how their Zerodha stock portfolio now controls their bedroom lights. The images show the lights turn red whenever the portfolio suffers a loss, offering a literal—and visually striking—signal of market swings.The innovation was…
[ad_1] While Russian exporters continue loading crude onto vessels, refineries show reduced willingness to transfer the cargo to their storage facilities. (AI image) Donald Trump’s latest sanctions on Russian crude oil firms appears to have had the intended impact – at least as of now. Refiners are reportedly unwilling to pick up Russian crude oil…
[ad_1] Watchdog FATF hails ED’s asset recovery efforts NEW DELHI: The Financial Action Task Force (FATF) acknowledged India’s efforts in recovering public assets lost to financial crimes, highlighting a money laundering case where land confiscated by the Enforcement Directorate (ED) was identified for the construction of a new airport that would serve the public.The acknowledgment…