Latest news with #AshutoshJoshi
Bloomberg
11 hours ago
- Business
- Bloomberg
It's Raining Deals, But no Signs of Market Euphoria in India
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian stocks look set for another quiet session this Friday morning. It's the end of the week, and traders are ready to wrap things up. Across Asia, markets are trading in a narrow range as investors keep an eye on geopolitical tensions in the Middle East. A dip in oil prices and a slightly softer dollar could offer some support to the broader Indian market that's still on track for a modest weekly gain.
Time of India
5 days ago
- Climate
- Time of India
PMC extends drive to trim dangerous tree branches, but citizens say efforts inadequate
1 2 3 Pune: The civic administration has extended its drive to trim dangerous branches of trees across all wards, amid a brief respite in rain spells and the upcoming Palkhi procession that will go through the city. Citizens said that the administration should inspect all the trees located along prominent roads and at vulnerable spots to avoid mishaps. A couple of fatalities were reported during the recent heavy rain due to tree falls, prompting Pune Municipal Corporation (PMC) to expand the scope of its drive to trim dangerous branches. PMC plans to continue the drive till the end of this week. A civic official told TOI, "As the annual Palkhi procession is about to reach the city in the next few days, we are extending the drive of tree trimming on the Palkhi route as well. We are also taking help from the fire department in areas where access to trees is difficult." However, residents claimed that dangerous branches are not being trimmed properly before the arrival of the monsoon, leading to more falling branches this year. Due to the early arrival of rain this year, PMC was additionally unprepared, and falling branches led to closure of several roads, besides damage to properties and vehicles. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Ashutosh Joshi, a resident of the Parvati area, said, "Instances of tree falls were more this time owing to heavy showers. The administration should rope in more staff to trim dangerous branches as it looks like a lot of work is still pending." Residents also raised concerns about PMC's ignorance towards trimming dangerous branches on private premises. Shivajinagar resident Ramesh Mehta said, "PMC does not trim the branches on its own if trees are located on private premises. Due to the high cost involved in cutting, owners do not come forward. PMC should work out a system for such cases, as safety cannot be compromised. Many trees are on private premises, but their branches tilt towards the road. These must be trimmed without waiting for citizens' applications." Officials from the PMC's garden department told TOI that the process to submit applications for tree cutting has been simplified. The administration has identified over 20 contractors for such trimming and charges have been fixed to avoid fleecing. What residents want: > PMC must trim dangerous branches of trees on busy roads on priority > Such branches of trees located on private premises must also be cut > More staff needs to be deployed for this drive
Bloomberg
13-06-2025
- Business
- Bloomberg
Share Sales, Block Trades Power India's Fat IPO Pipeline
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian equities are set for a weekly drop amid a major escalation of tensions in the Middle East, with crude oil-sensitive industries under particular pressure following the surge in oil prices. Asian equities are trading lower following renewed hostilities in the Middle East, further dampening the mood.
Bloomberg
10-06-2025
- Business
- Bloomberg
Marlboro Expansion Draws Indian Bulls to Godfrey Phillips
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian equities look set to extend their winning streak to the fifth day, with the Nifty futures pointing to a positive start. Technical analysts are likely feeling chuffed after the formation of a so-called golden cross for the benchmark index, which has in the past presaged gains. Asian stocks are also trading higher, buoyed by expectations about the US-China trade talks, and that's likely to support sentiment.
Bloomberg
05-06-2025
- Business
- Bloomberg
Bargain Hunters Scouring For Distressed Sectors May Eye India's Road Developers
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian stocks are positioned for a second day of gains, helped by a risk on tone in Asian markets and a sharp decline in volatility index back home. The prospects of ample rainfall could further boost sentiment, benefiting a host of sectors while helping ease inflationary pressures.
