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2024-10-14 11:14:23| The Economic Times

Steel prices have risen by 15% globally and by Rs 1000 to Rs 1500 per tonne in India due to China's stimulus measures. The positive trend is expected to continue, with Indian steel producers likely to increase prices post-monsoon. There is no immediate need for government curbs on steel imports.

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2024-10-14 10:37:23| The Economic Times

Bernstein's Venugopal Garre is optimistic about quick commerce and organized retail, maintaining an overweight stance on both. Though Q-Commerce's impact on traditional retailers is expected to be limited in the near term, he sees potential for growth in tier II and tier III cities. Traditional sectors show signs of slowing, but banks are poised for growth with rate cuts.

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2024-10-14 10:30:57| The Economic Times

The value of new businesses (VNBs) for Q2FY25 is projected to be between Rs 900-978 crore, reflecting a year-on-year growth of 12% to 22%, according to brokerage estimates. Sequentially, annualized premium equivalent (APE) could rise by 24-34%, while VNB is expected to increase by 25-36%.

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