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Business

Page Industries Faces Valuation Test Amid Slowing Sales Growth

Page Industries, the franchisee of the Jockey innerwear brand, has experienced a slowdown in sales and net profit growth over the past three years. The company faces intense competition from online D2C brands and international innerwear brands entering India. It has expanded its product range to jackets, hoodies, sweatshirts, t-shirts, pants, and shorts. The stock trades at a P/E of 53.3, raising valuation concerns.

Financial Express , Read To Lead·14h ago

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Politics

Trump and Melania Welcome Chinese President Xi Jinping to US

President Donald Trump and First Lady Melania Trump welcomed Chinese President Xi Jinping and Madame Peng Liyuan to the United States on Wednesday. This event marked the start of a three-day state visit focused on managing the balance of power between the world's two largest economies, the US and China.

One America News Network·14h ago

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Health

Surprise Checks Reveal Issues at Kurnool Anganwadis

Women and Child Welfare Project Director P Vijaya conducted unannounced inspections at Anganwadi centres on SN Street, Erraburuzu-1, and Erraburuzu-2 in Kurnool. The checks uncovered several problems, including unauthorized teacher absences, incomplete hot cooked meals missing items like dal, and unused toilet facilities, highlighting operational shortcomings at these centres.

The Hans India·14h ago·Kurnool

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Politics

Kevin Hassett Criticizes Fed Officials' Push for Rate Hikes

White House economic adviser Kevin Hassett expressed concern over Federal Reserve officials, not appointed by Trump, advocating for interest rate increases. Hassett's remarks highlight tensions within economic policy circles regarding the direction of monetary policy and its impact on the economy.

Asianet Newsable·14h ago

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Business

Rivian Recalls 98,828 Vehicles Including New R2 Model

Rivian is recalling a total of 98,828 vehicles, including its new R2 model along with the R1S and R1T, according to a filing by the National Highway Traffic Safety Administration (NHTSA). This recall is the largest in the electric vehicle maker's history, addressing safety concerns across multiple models.

Asianet Newsable·14h ago

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Sports

Roshibina Devi Targets Second Gold for India at Asian Games 2026

On Day 6 of the Asian Games 2026 in Aichi-Nagoya, India aims to win multiple medals on September 14, having already secured 12 medals. Wushu star Roshibina Devi is the country's top contender for gold today as she competes in the women's 60kg Sanda Wushu final.

Hindustan Times·14h ago·Aichi-Nagoya

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