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Canada's Rogers Communications forecast strong annual free cash flow after topping estimates for quarterly wireless subscriber additions on Thursday, as a surge in immigration boosted demand for its wireless and internet services. Canada has been seeing a steady rise in immigration as it welcomes more people in a bid to grow its population and boost economy - increasing demand for Rogers' plans aimed at newcomers. The country targeted 465,000 new residents in 2023 and has a goal of 485,000 in 2024 and 500,000 in 2025 - a move that analysts have said will benefit the country's big three carriers - Rogers, BCE and Telus. ....
PepsiCo Inc on Thursday raised its annual revenue and profit forecasts for the second time this year after the snacks and beverages giant comfortably beat quarterly estimates on price hikes and resilient demand. Shares rose about 2% in early trading as the upbeat performance also eases investor worries over a demand slowdown from price hikes over the past two years to counter a jump in costs of everything from raw materials to transportation. "In developed markets we see consumers still really doing quite well. they may be pulling back to some degree on the bigger ticket purchases. but we are an affordable luxury. people are still buying our products at a healthy rate," Chief Financial Officer Hugh Johnston told Reuters. ....
Parts of this paper were presented at SSS-AIU, Study Group and EGROW Foundation webinars, O P Jindal Finance Global Finance Conclave and Rajagiri Conference on Economics and Finance. Enthusiastic feedback helped improve it. In particular, the author thanks Charan Singh for the invitation to develop one of her op-eds, Arvind Virmani, Amartya Lahiri and an EPW referee for ....
India s gross domestic product (GDP) growth surged to 13.5 per cent in the first quarter of the current financial year as compared to 4.1 per cent in the previous quarter, according to the official data released on Wednesday. ....
India's GDP grows at 13.5 per cent in Q1, fastest in a year longbeachstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from longbeachstar.com Daily Mail and Mail on Sunday newspapers.