Higher discretionary sales, store growth key for gains in Avenue Supermarts

Shares of Avenue Supermarts (DMart) have gained about 5 per cent over the past week on better than expected June quarter (Q1FY25) performance, hopes of a recovery in discretionary demand, and......

Pvt equity inflow in realty sector down 5% to $1.9 bn in Q1

Private equity (PE) investment in real estate declined 5 per cent year-on-year in April-June to $1.9 billion because of high interest rates, according to Anarock. PE inflows stood at $2 billion in......

Higher taxes, competition weigh on liquor stocks

Stocks of alcoholic beverage makers have corrected over the last few trading sessions on worries that taxes, competition and costs will hurt sales and profitability. Photograph: Flavio Lo......

GDP to expand by deceptively high 20% in Q1: Icra

The GDP growth is estimated to come at the "deceptively high" level of 20 per cent for the April-June 2021 quarter but is far below the same in the pre-COVID times, rating agency Icra said on......