Mexico's peso sank to its weakest level in over two years on Wednesday, as markets braced for a win for Donald Trump the U.S. election, extending a streak of volatility and weakness for the emerging markets bellwether. The peso dropped as low as 20.8038 per dollar for the first time since August 2022, more than 3% weaker than its previous close.
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Kanpur ranks low in Smart City Mission with 8/10 marks due to project delays, relegating it to Category B; 68 of 72 projects are complete, but others like the Chunniganj convention center and multi-level parking remain unfinished due to pending NOCs, with authorities warning of adverse entries for non-compliance.
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ICICI Securities research report on Berger Paints. Paint industry has likely declined by ~2% in Q2FY25. Considering industry slowdown and steep increase in competitive pressures, we believe Berger reported moderate results with volume growth of 3.6% YoY. While EBITDA margin contracted 147bps YoY to 15.6% in Q2FY25, it was within the guided band of 15%-17%.
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