FAIR PRICE SHOPS
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
Over the next few days, as an investor you need to make a clear distinction on one front: Buying happening in a sector at a lower level, and short covering. Why? Because short covering-led upmoves don't sustain. Also remember: Whether an upmove in the broader market will sustain or not also depends on how the Q4 earnings season pans out. As of now, no major trouble spots have emerged.
Whitestone REIT to be taken private by Ares in $1.7 billion deal
Whitestone REIT will be acquired by funds managed by Ares Management Corp in an all-cash deal, valuing the U.S. shopping center owner at about $1.7 billion, the company said on Thursday.
Vijay alleges conspiracy in Karur stampede, says he too seeks justice
In a bold address, Vijay, head of Tamilaga Vettri Kazhagam, pointed fingers at orchestrated plots linked to the Karur stampede and the release of his movie. He did not shy away from criticizing both the Centre and the state for the alarming lack of LPG cylinders available to consumers.
Delhi parents get relief: Schools warned against forcing book & uniform purchases. Action if violated
Delhi government has directed private schools to stop forcing parents to buy books, uniforms, and other materials from specific vendors. Parents now have the freedom to choose any vendor, provided items meet specifications. This move aims to reduce financial pressure and ensure transparency in school purchases.
At gas stations, Americans say they're 'paying the price' of Iran war
At a gas station in the Washington suburbs, drivers confronted the harsh domestic repercussions of the war on Iran, as spiking fuel prices hit household budgets hard. Kristen, a 36-year-old teacher who only gave her first name, said that while the fuel prices hurt, it was "selfish" of people to complain about the war only when it affects their household budgets.
PSEB recommends Ashok Kumar Panda as SAIL chairman
Ashok Kumar Panda, currently Director (Finance) at Steel Authority of India Limited, has been recommended for the Chairman and Managing Director post. Panda brings three decades of experience to the role. He previously held additional charge of Director (Commercial). His achievements include reducing borrowings by Rs 20,000 crore and implementing cost reduction initiatives.
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No hotel or restaurant can levy additional ‘LPG charges’, ‘gas charges’ by default or automatically in the bill, Government warns
Restaurants can no longer automatically add 'LPG charges' or 'gas surcharges' to bills, the government has warned. The Central Consumer Protection Authority declared such mandatory extra costs an unfair trade practice, stating menu prices should include all operational expenses. Consumers facing these charges can seek removal or file complaints.
ET Prime Special Series: Multibagger or Bankrupt - Part 51: Can this auto ancillary also excel in EV-linked components?
The story of this auto ancillary is one of steady scale-up, product concentration, and gradual strategic widening. A long operating history, a high promoter stake, and an export-led business model give it a clear identity. Management has linked its next phase to broader mobility themes through a new subsidiary and a multi-year investment plan aimed at capacity expansion, modernisation, and EV-linked components. Yet the core business remains concentrated, subsidiaries are still immaterial, and the future may depend on how far it can move beyond its existing manufacturing franchise.
New payment law shocks retailers: No more surcharges or turning away shoppers at checkout
New York has started a new law to protect people who pay with cash. The rule comes during a penny shortage and changes how stores round prices. Some payments still have limits, and businesses may face fines if they break the rules. The change follows growing cashless trends after Covid-19 and earlier rounding practices during Donald Trump’s time.
In times of war and volatility – A better ratio for long-term investing: 5 stocks with the right PEG ratio
There is only one certainty in terms of the escalating war in the Gulf region: Global markets are going to remain roiled for the foreseeable future. In such a scenario, a good option is to sit on the sidelines and wait for things to clear up and normalcy to return. Or, if you have money to spare and insist on deploying it in the markets, ensure you pick up value stocks. And here it is important that you use the right ratio to ascertain value.
LPG shortage fears grow: Why kerosene, once pushed out, may return to Indian kitchens
Kerosene is set to make a comeback in Indian kitchens. This comes as cooking gas supplies face shortages due to the Iran-Israel conflict. The government has announced an additional allocation of kerosene to states. This fuel will be distributed mainly through ration shops for cooking and lighting. The move aims to address the tightening LNG supplies.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%
Given the raging war in the Gulf region, the volatility quotient of global markets – including India – will remain high for some time. Getting into the business of predicting what will happen in the war and to oil prices is probably not the wisest thing to do at this juncture. The best thing to do as an investor is to be in control of your actions. And, at this point of time, the best action is probably to wait for the war clouds to clear and clarity to emerge on the geopolitical front.
ET Prime Special: How companies manipulate their balance sheet and take investors – and even banks – for a ride
Brands, software, development costs, and licences exist only as numbers on a page, and their valuation rests entirely on management’s assumptions. Accounting standards permit their recognition – but the conditions involve interpretation, and interpretation is precisely where manipulation hides.
Klarna shares crashed 26% after $26 million Q4 loss — here’s what spooked buy now, pay later investors
Klarna shares crashed 26% after $26 million Q4 loss. One year ago, it earned $40 million profit. Revenue hit $1.08 billion — a record high. But Wall Street expected near-zero losses. Q1 revenue guidance missed analyst targets. GMV growth is slowing. New installment loans hurt short-term profits. Morgan Stanley cut its price target. Lock-up expiration threatens more selling. BNPL stock outlook remains uncertain.
Delhi ration rules get digital, faster
Delhi's ration card rules are changing. The income limit for families to get ration cards has increased to ₹1.2 lakh annually. Applications will now be digital only. Stricter checks will ensure only eligible families receive food grains. A faster system for addressing complaints is also being introduced. These changes aim to make the system fairer and more efficient for everyone.
Government launches pilot in Himachal Pradesh to onboard fair price shops on ONDC
The Department of Food and Public Distribution under the commerce ministry has launched the pilot on ONDC in Himachal Pradesh. The ONDC pilot enables consumers in remote locations to access groceries and other essential products through the platform, while also helping fair price shops to increase their utilisation and revenue from market goods
PM's brother Prahlad Modi stages dharna at Jantar Mantar with fair price shop dealers' demands
Prahlad along with several other members of the All India Fair Price Shop Dealers' Federation (AIFPSDF) gathered at Jantar Mantar, holding banners and raising slogans. AIFPSDF national general secretary, Biswambhar Basu told PTI that they will also submit a memorandum listing their nine-point demands, addressed to the prime minister.
Centre asks states to keep ration shops open on all days, for longer duration
"In view of ongoing lockdown in some States/UTs, that may curtail the functioning hours of Fair Price Shop (FPS), an advisory has been issued on 15th May, 2021...to keep the FPSs open, preferably on all days of the month," the ministry said in a statement.
Fair price shops in Kolkata to sell onions at Rs 59/kg
Chief minister Mamata Banerjee has instructed the state government’s supply chain and sales point known as Sufal Bangla to market onions at a maximum of Rs 59 per kg. The state government will not only subsidise the price of onion but also bear the cost of transportation, distribution and losses in transit.
Chhattisgarh, Madhya Pradesh keen to revamp fair price shops with Kishore Biyani
Experts said such deals would help the country’s top retailer make inroads into remote areas where modern retail has yet to reach while.
Government to computerise all ration shops by March 2019: Ram Vilas Paswan
Government aims to computerise the PDS sector to help check pilferages and plug leakages by installing electronic Point of Sale (ePoS) devices.
Delhi government to sell onions at Rs 30 per kg at Fair Price Shops
The decision was taken in a cabinet meeting today chaired by Chief Minister Arvind Kejriwal.
One litre additional kerosene for Red Colour ration card holders
Families with one LPG connection would get two litres, which includes special quota of one litre during this month.
Reservation in allotment of fair price shops approved in Bihar
Decks have been cleared for reservation for different communities in allotment of fair price shops in Bihar as state government amended the rules.
File complaint about Ration offices, Fair Price shops at Facebook page
People can give suggestions, file complaints, upload photos & videos of any irregularity in Ration offices on the department's Facebook page.
Now get mobile recharge, travel tickets at Fair Price Shops
Delhiites can now recharge their mobile phones, DTH cards, book tickets and buy many other things at Fair Price Shops (FPS) in the city with the Delhi government liberalising the policy for sale of goods and services through these outlets for subsidised rations.
Onion sale begins in fair price shops
Ganjam district authorities today resumed sale of onions in fair price shops (FPS) at Rs 40 per kg in Berhampur town.
Kerosene woes: Fair price shops want to go the kirana way
Fair price shop owners, who sell kerosene in the retail market, are up in arms against a sharp reduction in supply that has affected their income.
Tamil Nadu sets Rs 4,500 crore crop loan disbursal target
Tamil Nadu government has set a crop loan disbursal target of Rs 4,500 crore for the year 2013-14, about Rs 500 crore higher than the previous year.
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