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Новости за 09.01.2025

Rappler.com 

Miracles and sacrifice: Why millions join the Traslacion

The stories of devotees Noel Soriano, Eduardo Orais Jr., and Cedric Cruz show how faith, devotion, and sacrifice intertwine for the 'mamamasan,' sustaining a centuries-old tradition that continues to inspire millions

Economictimes.indiatimes.com 

Cracker of an expansion: Nayara's $8 bn petrochemical plan

Nayara Energy, backed by Rosneft, plans to invest ₹68,000 crore to set up a 1.5 mtpa ethane cracker at its refinery in Vadinar, Gujarat. This major overseas investment aims to enhance India's petrochemical sector, which is projected to grow significantly. The company has initiated front-end engineering work for the project.

Economictimes.indiatimes.com 

From India, a range of world glass offerings

Indian artisanal gin, single malt and coffee liqueur brands aim to ramp up exports by entering new markets this year. They have seen significant growth and global acclaim, with companies like Jin Jiji, Indri, and Himmaleh Spirits expanding their presence. The focus is on regions with growth potential, including China, Scandinavia, and Africa.

Economictimes.indiatimes.com 

India's mobile phone production capacity: Unutilised potential amidst declining demand

As much as half of the mobile phone manufacturing capacity in India is unutilised or repurposed due to weak demand globally and domestically. Larger manufacturers are coping better, but smaller players are shifting to other products. Low demand for feature phones and entry-level smartphones is a major contributor.

Economictimes.indiatimes.com 

Depresso! Cafés go through the grinder

Starbucks, Barista, Chaayos, and Third Wave Coffee are facing a slowdown in growth due to rising competition and reduced consumer spending. Yet, smaller chains like Tim Hortons and Blue Tokai are thriving. Increasing café density and high coffee prices are adding to the challenges. Tim Hortons and Blue Tokai plan to expand further in the coming years.

Economictimes.indiatimes.com 

Mid-tier businesses turn to private credit funds amid slowed bank lending

Mid-tier manufacturing or process-based companies including Himadri Speciality Chemical, Ramco Group, and Gharda Chemicals are increasingly turning to private credit funds for financing due to slowed bank credit and tepid growth in mutual funds. These funds offer quick access to capital for expansion and acquisitions despite stringent terms.

Economictimes.indiatimes.com 

India revises gold and silver import figures: Trade deficit narrowed

Gold and silver import figures for April-November FY25 were revised significantly, with gold imports adjusted downward by $5 billion to $9.84 billion for November. This reduced the trade deficit and eased pressure on the rupee. The corrected gold import total for the period is $37.38 billion, down from the earlier $49.08 billion estimate.

BigNewsNetwork.com (sports) 

Suspicious fire engulfs Caulfield Racecourse in Melbourne video - Melbourne

Major parts of a Caulfield Racecourse grandstand were destroyed on Tuesday morning. Dennis Smith, a Fire Rescue Victoria incident controller, said the fire had caused significant damage to the Norman Robinson stand and had originated in a bar on the first level. Victoria police said no one was injured in the fire. A crime scene was established and police are investigating Suspicious fire engulfs Caulfield Racecourse grand

Consortiumnews.com 

NYT Rejects Quakers’ Ad Calling Gaza a ‘Genocide’

“An outrageous attempt to sidestep the truth” — that’s how an American Friends Service Committee spokesperson responded to the paper’s refusal to run paid digital ads that call for an end to Israel’s genocide in Gaza. By Eloise Goldsmith Common…

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