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BusinessConsumer durable manufacturers anticipate double-digit sales growth during the festive season despite a 5-8% price increase in air-conditioners and other appliances. Factors supporting demand include premiumisation, replacement demand, easy financing options, and improving consumer sentiment, which together are expected to sustain strong festive demand.
TOI Business·
SportsSouth Africa Champions and West Indies Champions will compete in the third match of the World Championship of Legends (WCL) 2026 on October 4. South Africa, led by AB de Villiers and Faf du Plessis, won the toss and chose to bat. West Indies will feature Chris Gayle, Dwayne Bravo, and Andre Russell. The match promises power-hitting, smart bowling, and nostalgia.
NDTV Business·
PoliticsWest Bengal's Suvendu Adhikari announced plans to introduce stringent laws against "love jihad" and "land jihad" within six months. The state will also implement a Uniform Civil Code, following Uttarakhand and Gujarat. Additionally, a Rs 1,000 crore religious tourism circuit will be launched, and preparations for next year's Gangasagar Mela are underway.
Economic Times··West Bengal
BusinessA brokerage firm maintains a positive outlook on several IT stocks, including Larsen & Toubro Technology Services (LTTS), Mphasis, and Coforge. These stocks are recommended for purchase with expectations of more than 32% returns ahead of their Q2 results. The firm highlights these picks as offering significant upside potential from current market levels.
Mint Markets·
WorldNearly 1,500 Myanmar nationals, including 86 women, were repatriated from Malaysia to Yangon despite UN and rights groups warning that conditions remain unsafe. The returnees were convicted of immigration violations in Malaysia and transported by navy and hospital ships. This is part of a larger plan to repatriate 5,000 Myanmar nationals from Malaysia, where over 10,000 are detained. Myanmar has faced turmoil since the 2021 military coup.
HT World··Yangon
PoliticsRussia has announced plans to intensify strikes on Kyiv and other parts of Ukraine following Ukrainian President Volodymyr Zelenskiy's vow to increase attacks on Russian oil refineries. Moscow stated it would focus on military facilities, defense industry sites, and related infrastructure. Kyiv has accused Russia of escalating attacks on the capital. Both sides deny targeting civilians.
Economic Times··Kyiv
TOI Business·
Consumer durable manufacturers anticipate double-digit sales growth during the festive season despite a 5-8% price increase in air-conditioners and other appliances. Factors supporting demand include premiumisation, replacement demand, easy financing options, and improving consumer sentiment, which together are expected to sustain strong festive demand.
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