BofA says 40% earnings downgrade awaits Indian stocks

Earnings estimates for Indian companies could be slashed by nearly 40 per cent this fiscal year and next due to a host of global and domestic risks, according to Bank of America Corp. Consensus estimates for NSE Nifty 50 companies are lofty and haven’t moderated despite a weak outlook for software firms, wrote analyst Amish…

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Karnataka polls: Congress troubleshooter DK Shivakumar awaits moment in the sun | Karnataka Election News – Times of India

NEW DELHI: Seven-time MLA and Karnataka Pradesh Congress Committee president, DK Shivakumar, has been one of the most influential figures in state politics for several decades and is one of the strongest contenders for the chief minister post.The Vokkaliga strongman, who has earned the image of being a Congress troubleshooter over the years in the…

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UK awaits German go-ahead to start evacuation from Sudan

The UK will begin evacuation flights for 2,000-plus Britons trapped in Sudan when Germany relinquishes temporary control of an airfield north of Khartoum from which it has been conducting its own rescue mission, the defence secretary said. Ben Wallace, speaking at a defence select committee, would not give a precise time on when flights out…

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