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If you’ve ever felt overwhelmed by the sheer volume of choices when picking a new phone, you’re not alone. With so many options in the market, it can get difficult at times to select the smartphone that meets all your everyday needs. The freshly launched <keyword id="24164290" type="General" weightage="100" keywordseo="Realme-13-Plus" source="keywords">Realme 13 Plus</keyword> aims to cut through the noise by offering a blend of performance, camera capabilities, and battery life that speaks to everyday users, gamers, and budding photographers alike. After spending some time with this device, I can say that this is a value-for-money smartphone that can take care of all your basic needs. <div type="image" title="13" msid="115655385" hostid="261" sizebytes="1042706"></div> <h2>Realme 13 Plus review: Design and display </h2> First impressions matter, and the Realme 13 Plus makes a solid one. The device sports a sleek design that feels comfortable to hold in hand. It weighs around 185 grams and can easily be used with one hand. The phone comes with a matte finish back panel and aluminium frame. While the back panel looks sophisticated, the aluminium frame stands out. There is also a circular camera module at the back, which is well-defined with a metallic ring. <div type="image" title="7" msid="115655253" hostid="261" sizebytes="1337084"></div> During my usage, I didn’t notice any fingerprints forming anywhere in the back panel and that is a huge plus. At the top, there is a 3mm jack and the right edge houses the volume and power buttons. At the bottom you have the Type C charging port and sim tray. In the front, the 6.72-inch Full HD+ display is vibrant and sharp, boasting a 120Hz refresh rate that makes scrolling through social media a buttery-smooth experience. I found myself engrossed in binge-watching my favourite shows, and the experience was nothing short of delightful. The colours popped, and the brightness was more than adequate, even under the midday sun. Whether you’re watching action-packed scenes or scrolling through your photo gallery, the Realme 13 Plus truly shines in this department. <div type="image" title="12" msid="115655273" hostid="261" sizebytes="1278279"></div> However, the screen does gather dust quite easily so I would advise using a screen cover. <h2>Realme 13 Plus review: Performance and battery </h2> Under the hood, the Realme 13 Plus is powered by the MediaTek Dimensity 7300 processor, which manages to balance performance and energy efficiency. My gaming sessions with titles like PUBG Mobile and Call of Duty: Mobile were remarkably smooth, with no noticeable lag or frame drops. The 8GB RAM variant ensures that multitasking remains a breeze, allowing me to switch between apps without the dreaded app reload. However, it’s not just about gaming; everyday tasks like browsing, messaging, and video calls were equally effortless. During a group call with my friends, I appreciated the seamless connection and the sound quality from the dual speakers was adequate and clear. <div type="image" title="8" msid="115655302" hostid="261" sizebytes="1167673"></div> While the experience was positive in general, the phone does come with a fair share of bloatware and that gets a tad bit annoying at times. Coming to its battery, I found that I could comfortably get through a full day of use, even with decent gaming. I only found myself reaching for a charger at the end of the day. The phone also comes with fast charging support and I got a 60 per cent battery in just 30 minutes of charging. This is perfect for those frantic mornings when you realise your phone is running low, and you need to dash out the door. <h2>Realme 13 Plus review: Camera </h2> The camera setup on the Realme 13 Plus is one of its standout features, especially for those who love snapping photos on the go. <div type="image" title="1" msid="115655450" hostid="261" sizebytes="708995"></div> The primary sensor captures stunning detail and vibrant colours, making it a joy to shoot everything from landscapes to close-ups. I tested the camera on a weekend outing, and the photos turned out to be remarkably crisp. <div type="image" title="3" msid="115655441" hostid="261" sizebytes="1392821"></div> However, low-light photography can be hit or miss, with some shots appearing grainy and lacking detail. <div type="image" title="10" msid="115655319" hostid="261" sizebytes="618451"></div> The 2MP depth sensor helps create that lovely bokeh effect, perfect for portrait shots. The edge detection, in good lighting, is also spot on. The 16MP front camera is also impressive and results in some great shots. However, the photos are overly beautified by default, which can be solved with a simple tap if you prefer to avoid it. <h2>Realme 13 Plus review: Verdict </h2> With its competitive pricing and impressive features, the Realme 13 Plus is definitely worth considering, especially if you’re looking for a smartphone that delivers reliable performance without breaking the bank. Yes, the phone comes with bloatware and low-light photography can falter at times, but those are not really dealbreakers.

Realme 13 Plus quick review: Good budget-friendly option for all your daily needs

<keyword id="19955368" type="General" weightage="100" keywordseo="budget-2024" source="keywords">Budget 2024</keyword>, which is set to be presented on July 22nd, is set to accelerate the growth of <keyword id="20459350" type="General" weightage="20" keywordseo="Indian-stock-markets" source="keywords">Indian stock markets</keyword> by as much as 20%, a recent survey by <keyword id="19897999" type="General" weightage="20" keywordseo="Bloomberg" source="keywords" meta.keywordsubtype="org" meta.entityname="Bloomberg" meta.hostid="261" meta.entityid="Bloomberg">Bloomberg</keyword> noted. While some respondents hope that the <keyword id="20983733" type="General" weightage="20" keywordseo="NSE-Nifty50" source="keywords">NSE Nifty50</keyword>, which is currently trading at 24,273.35 points, might reach 26,000 points by the end of this year, others estimate the index to inch up even higher. The budget is likely to boost consumer spending, accelerate consumption, and support infrastructure development, noted half of the 24 experts Bloomberg surveyed. Data by Bloomberg Intelligence predicted that the estimated earnings per share (EPS) of companies on the MSCI India Index is set to rise by 15.6% on year basis, for the calendar year 2024. In contrast, Chinese firms are expected to grow at about 10%. One-fourth of surveyed analysts noted that pushing capital expenditure would be the government's top priority, while the other half thought the focus would be on boosting consumer demand. Naturally, analysts see potential growth in consumer discretionary stocks in the months to come, followed by financial services. <h2>Focus on Women, Capex</h2>Many are expecting the government to raise the standard deduction threshold from the current Rs 50,000 to Rs 1,00,000. The government is also thinking of raising the limits of the <keyword id="19930663" type="General" weightage="20" keywordseo="Public-Provident-Fund" source="keywords">Public Provident Fund</keyword> (PPF) from Rs 15,000 to Rs 25,000. As per Ashwajit Singh, Founder and Managing Director of IPE Global, "the budget is expected to be tilted towards adopting a strategy for the underprivileged, youth, farmers, and women. The budget is expected to reflect the government’s tried and tested formula of ‘guarantees’ by opting for income transfer policies and spending more on welfare schemes in government campaigns in India. Allocations for existing schemes such as 'Housing for All’, MGNREGA, and health insurance for these sections of society are likely to increase while new schemes may be introduced". According to Badal Yagnik, CEO of Colliers India, the real estate segment is optimistic regarding this budget: "Housing, infrastructure development, sustainability, and digitization will remain at the core of the budget, which will go a long way in supporting real estate growth across segments in the long term. EV infrastructure, renewable energy, and green financing will continue to remain in focus, creating a strong base for a sustainable future. Incentivization of green buildings through minimum alternate tax or tax breaks similar to the infrastructure sector will be particularly beneficial. Meanwhile, retail investors are calling for additional rationalizing of the capital gains tax structure. The Union Budget 2024–25 should explore initiatives to boost greater retail engagement in REITs and InvITs". Anooshka Soham Bathwal, founder of Dhanvesttor, a financial management platform, expects that the government's focus is likely to keep driving the increased participation of women in the workforce in the upcoming full budget, where it can attain the same by incentivising higher education for women. "To promote entrepreneurship, the government can introduce special benefits for the businesses started by women. Further steps towards a stable policy environment and ease of doing business are also desirable. Incentives on tax, funding, and growth for women-centric organizations can help to further attain the inclusive growth objective of government". Bathwal also emphasized that the budget should promote entrepreneurs and the country's startup system. "Entrepreneurs are advocating for additional tax breaks for investors and promoters to attract more domestic capital. As India progresses towards becoming a global hub for entrepreneurship and innovation, fostering both technological and process innovations is crucial. Significant improvements in ongoing training and skill upgrades are vital, particularly given the rapid growth in Tier 2 and Tier 3 markets. Additionally, the government needs to address the credit challenges faced by SMEs", she continued Also read <a href="https://www.businessinsider.in/budget/budget-2024-heres-what-indias-elderlies-want/articleshow/111486023.cms" data-type="tilCustomLink">Budget 2024: FM might delight India's senior citizens this time around</a> <a href="https://www.businessinsider.in/finance/union-budget-2024-25-when-will-it-be-presented-what-to-expect-and-more/articleshow/111014203.cms" data-type="tilCustomLink">Union budget 2024-25 : When will it be presented, what to expect and more</a>

Budget 2024 to fuel stock markets: Bloomberg Survey

Imagine a bustling jewellery market teeming with diamonds and gold. Amidst this glittering chaos, a small stall is trying to sell handcrafted gemstones. Even as newer and shinier outlets keep cropping up, all vying for attention, this gemstone store offers some of the oldest yet valuable jewels at a discount. Though they lack immediate sparkle, these rare gems reveal their value to the discerning buyer. This is how South Korea appears for many experts in global capital markets: a trove of undervalued gems, overshadowed by brighter, more aggressively marketed investment options. This undervaluation, known as the "<keyword id="24399183" type="General" weightage="20" keywordseo="korean-discount" source="keywords">Korean Discount</keyword>," reflects how South Korean companies are priced much lower than their global peers despite robust fundamentals — strong financial performance and consistent profitability. Contributing factors are many, ranging from opaque governance structures to geopolitical risks. But the fact stays, if you are a seasoned conglomerate listed in South Korea, you are likely undervalued. <keyword id="19906087" type="General" weightage="20" keywordseo="hyundai" source="keywords">Hyundai</keyword> Motor India Ltd. (HMIL), a subsidiary of the Korean giant Hyundai Motor Company (HMC), recently sought to escape this valuation trap by listing in India, a market where investor optimism commands premium pricing. But its valuation raised many eyebrows! Now that a month and a half has gone by since its listing, time is apt to examine if this gamble paid off. Will <keyword id="93460" type="General" weightage="100" keywordseo="hyundai-india" source="Orion">Hyundai India</keyword> justify its high valuation? Or does the listing highlight broader questions about the overheated valuation dynamics of Indian markets? A record-breaking <keyword id="19898327" type="General" weightage="20" keywordseo="ipo" source="keywords">IPO</keyword> but questions remain Hyundai Motor India’s mega Initial Public Offering (IPO), launched in October 2024, broke records by raising ₹27,870 crore, making it India’s largest-ever IPO. The offer was oversubscribed by 2.37 times, highlighting robust demand. But many investors remained sceptical: was this IPO an honest attempt to expand Hyundai’s footprint in India or was it trying to offer a way to cashout for existing investors and promoters? Or perhaps, is it an attempt by the Korean chaebol — a large family-owned business conglomerate — to break free from the aforementioned “Korean Discount”? When shares listed on October 22, these concerns seemingly weighed on the minds of most investors and the stock promptly dipped 5% below the issue price on the day. A tepid grey market performance had already foreshadowed this muted debut in the Indian markets. Now, after almost 35 trading sessions on Indian market, the stock remains almost exactly at price it listed on October 22 at Rs 1820—no gain, no loss. <h3>The gamble of hyper-valuation</h3>Much of this hesitation stemmed from Hyundai’s valuation. On listing, Hyundai was valued at $18 billion, positioning it as one of India’s most valuable automotive companies. However, such high valuations often temper investor enthusiasm, resulting in more cautious short-term outcomes. For most investors, the Price-to-Earnings (P/E) ratio is the most preferred parameter to gauge if a company is overvalued or undervalued. With a P/E ratio of 26.3, HMIL was priced significantly above the Indian automotive industry average of 24.4. Globally, automotive companies operate with much lower P/E ratios, reflecting mature market conditions and slower growth trajectories. HMIL’s South Korean parent Hyundai Motor Company (HMC) trades at a meagre 3.07, believe it or not! For Indian investors, the high premium hinted at overvaluation despite Hyundai’s strong domestic position. Such stark difference in valuation obviously sparked debates — is the Indian market assigning a premium to Hyundai Motor India’s growth potential, or is it simply reflecting the general exuberance around the prospects of the Indian economy? Another concern is the allocation of IPO proceeds. Hyundai’s IPO was structured as an offer for sale (OFS), meaning all funds raised would flow to the parent company rather than Hyundai India’s operations. Although Hyundai has committed to investing in R&amp;D for EVs and hybrids, critics argue that the lack of immediate reinvestment in India’s operations reflects a missed opportunity for domestic growth. Despite the early disappointment, Hyundai was confident that the valuation was fair. It did have some factors going for it, in addition to the fact that other auto giants like Mahindra &amp; Mahindra and <keyword id="19909974" type="General" weightage="20" keywordseo="maruti-suzuki" source="keywords">Maruti Suzuki</keyword> command even higher P/E ratios. And looking at the company fundamentals, it does seem like Hyundai is playing a long-term game. <h3>Hyundai in India: A proven track record</h3>Despite the initial stumble, Hyundai India’s long-term story is compelling. Since entering the Indian market in 1996, the automaker has sold over 8 million vehicles and firmly occupies the second spot in the domestic passenger vehicle market, trailing only Maruti Suzuki. Hyundai’s blockbuster SUV offerings, like the Creta and Venue, have been critical in building this dominance. Despite some challenge from Maruti Suzuki Brezza and Tata Punch, Creta has retained the tag of ‘most-selling SUV in India’ successfully so far this year. <div type="image" title="Hyundai" agency="Business Insider India" msid="116156234" hostid="261" caption="&amp;lt;p&amp;gt;Selling over 17,000 units per month on average this year, Creta has edged past major competitors to be the most-selling SUV in India in 2024. As Indian consumers preference continues to shift gradually towards premium products over budget segments, Hyundai stands to benefit (Wikimedia Commons / Canva)&amp;lt;/p&amp;gt;"></div> Selling over 17,000 units per month on average, Creta has edged past major competitors to be the most-selling SUV in India in 2024. As Indian consumers preference continues to shift gradually towards premium products over budget segments, Hyundai stands to benefit (Wikimedia Commons / Canva) Hyundai India’s market share of 14% in October 2024 underscores its clout. The company’s ability to tap into India’s premiumisation trend, where consumers increasingly prefer high-end vehicles, positions it well for growth. With plans to expand in electric vehicles (EVs) and hybrid technology, Hyundai is poised to capitalise on both domestic demand and export opportunities. The company’s ability to capitalize on its strong brand, extensive dealer network, and leadership in segments like SUVs and exports will determine its future performance. Hyundai’s strategic focus on expanding electric vehicle production also aligns with global trends towards sustainability, potentially positioning it as a leader in the segment. By listing in India, Hyundai aims not only to expand its operations but also to make India a global manufacturing and export hub for its products, especially SUVs and EVs. Therefore, despite early setbacks, Hyundai’s gamble seems to have paid off. The stock has rebounded, gaining 5% in the past month. More good news came in this week, as positive projections from Morgan Stanley and JPMorgan forecast an impressive 17-28% upside for the stock over the next year, reflecting growing investor optimism. <h3>A strategic pivot from the Korean Discount?</h3>The Korean Discount has long plagued South Korea’s chaebols, including Hyundai. Experts attribute this to several factors: <ul> <li>Chaebol Governance: South Korea’s conglomerates, known as chaebols, are often criticised for opaque governance structures and excessive family control.</li> <li>Geopolitical Risks: Tensions with North Korea contribute to investor caution, adding a layer of perceived risk.</li> <li>Limited Domestic Liquidity: South Korea’s relatively small investor base can constrain market activity and valuation potential.</li> </ul> By listing in India, Hyundai sought to unlock better valuations for its subsidiary, leveraging the optimism of Indian markets. India’s stock market has a trailing P/E ratio of 24.4, far above South Korea’s Kospi average of 16-17. The Indian market’s appetite for high-growth stories provides a fertile ground for companies like Hyundai to escape the valuation constraints of their home market. A successful IPO could encourage other such conglomerates to follow suit, setting a precedent. While Hyundai India has a robust track record, its future success hinges on navigating key challenges: <ul> <li>Supply Chain Vulnerabilities: Hyundai relies heavily on its Chennai plant, making it vulnerable to disruptions.</li> <li>Intensifying Competition: Domestic rivals like <keyword id="19906967" type="General" weightage="20" keywordseo="tata-motors" source="keywords">Tata Motors</keyword> and MG Motors are making aggressive inroads into the EV market.</li> <li>Policy Risks: The automotive sector’s reliance on government incentives for EVs and hybrids adds a layer of unpredictability.</li> </ul> High valuations come with risks. Hyundai will need to prove that it can sustain its growth trajectory in India, fend off competition from established players like Maruti Suzuki and Tata Motors, and navigate challenges such as supply chain disruptions and regulatory hurdles. If Hyundai successfully capitalises on its strong brand and market leadership, it could not only redefine its value but also serve as a case study for other Korean companies seeking better recognition and valuations in global markets. <h3>Is Hyundai saga a reflection of overheated Indian markets?</h3>The bigger question here is, does Hyundai’s IPO highlights a broader narrative about Indian markets’ premium valuations? With a trailing P/E ratio of 24.4, Nifty 50 index is among the highest in emerging markets. India’s stock markets consistently command a premium due to robust retail participation, strong economic growth prospects, and a burgeoning middle class. While this premium reflects optimism about India’s long-term growth story, it also signals potential risks of overvaluation, particularly in sectors like technology, automotive, and consumer goods. With a record ₹94,017 crore outflow by Foreign Portfolio Investors (FPIs) in October 2024, concerns about overheated valuations are mounting. Sustaining such unprecedented valuations required companies to consistently perform above global averages, and retaining robust earnings growth quarter after quarter remains a challenge in today’s uncertain world. For Hyundai, the high valuation is both an opportunity and a risk. While it underscores investor confidence, it narrows the margin of safety, making the stock vulnerable to corrections during economic downturns. Take for example, the high-profile IPO of Life Insurance Corporation of India (LIC) that raised over ₹21,000 crore. Its listing was met with disappointment as the stock began trading at a 9% discount to its issue price, and subsequent performance has remained subdued. LIC’s post-IPO journey also highlights how inflated valuations can lead to long-term underperformance, as the stock gave only 12% return over the past 30 months when even the Nifty 50 index went up by over 44%. This happens when when the company's growth narrative fails to align with its pricing. Despite being a household name with a dominant market share, LIC's stock has struggled to meet expectations, partly due to concerns about its operating efficiency and the limited use of IPO proceeds for growth initiatives. Make no mistake, Hyundai Motor India’s IPO is a landmark event! It showcases the potential for Korean companies to leverage emerging markets like India for better valuations. It also shows that strong fundamentals can help justify a company such premium valuations even amidst bearish economic prospects. However, it also serves as a cautionary tale about the risks of overvaluation. For Hyundai, the next steps involve proving its long-term growth story, navigating competitive challenges, and maintaining investor confidence. For Indian markets, Hyundai’s IPO underscores the need to balance optimism with realistic expectations as they continue to evolve as global investment hotspots. To sustain the country’s economic narrative as a land of unmatched opportunities, corporate India must work on improving long-term fundamentals and mitigating long-term risks. As global investors watch closely, Hyundai India’s success or failure could shape how international companies view India as a listing destination in the years to come.

Tackling the 'Korean Discount': A deep dive into curious case of Hyundai Motor India's market listing

As the results season kicks in, the <keyword id="20097634" type="General" weightage="20" keywordseo="quarterly-earnings" source="keywords">quarterly earnings</keyword> numbers of several <keyword id="22405488" type="General" weightage="20" keywordseo="blue-chip-firms" source="keywords">blue-chip firms</keyword> — such as <keyword id="19906778" type="General" weightage="20" keywordseo="Infosys" source="keywords" meta.keywordsubtype="org" meta.entityname="Infosys" meta.hostid="261" meta.entityid="Infosys">Infosys</keyword> and Reliance Industries — along with <keyword id="20837523" type="General" weightage="20" keywordseo="global-trends" source="keywords">global trends</keyword> and <keyword id="20223116" type="General" weightage="100" keywordseo="trading-activity" source="keywords">trading activity</keyword> of foreign investors, will determine <keyword id="22405487" type="General" weightage="20" keywordseo="equity-market-movement" source="keywords">equity market movement</keyword> in the holiday-shortened week ahead, according to analysts. The domestic <keyword id="22405489" type="General" weightage="20" keywordseo="WPI-inflation-data" source="keywords">WPI inflation data</keyword> for June — scheduled to be announced on Monday — will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram. Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj Auto, BPCL, JSW Steel, Asian Paints, Infosys, and Reliance Industries. "Q1 earnings will be a key focus this week as numerous companies, including heavyweights Infosys, and Reliance, are set to release their results. Additionally, <keyword id="22194639" type="General" weightage="20" keywordseo="pre-Budget-discussions" source="keywords">pre-Budget discussions</keyword> are expected to contribute to market volatility," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. On the global front, a significant focus will be on China. The country is scheduled to announce its GDP and Industrial Production (IIP) numbers, Meena said. "Other global factors to watch include the speech by the US Federal Reserve Chairman, US retail sales figures, and macroeconomic data from Japan," he added. Meanwhile, IT services company HCL Tech on Friday posted a 20.4 per cent rise in consolidated net profit to Rs 4,257 crore for the June-ended quarter and gave a revenue growth guidance of 3-5 per cent for FY25 on GenAI diversification and strong operational execution. "On Monday, markets will react to India's inflation data. Key results this week include Jio Financial Services, HDFC Life, Asian Paints, LTIMindtree, Infosys, Wipro, JSW Steel, Paytm, etc. Also globally, investors will take cues from China's GDP numbers, US core retail sales data, and ECB (European Central Bank) interest rate decision," Siddhartha Khemka, Head, Retail Research, Motilal Oswal Financial Services Ltd, said. Retail inflation increased to four-month high of 5.08 per cent in June as food items, including vegetables, became dearer, according to government data released on Friday. Vinod Nair, Head of Research, Geojit Financial Services, said, "We expect stock-specific moves to gain traction due to the ongoing earnings season; indeed, IT will be in the limelight due to the good start to the earnings and outlook." In the week ahead, economic data like China GDP, EuroZone CPI inflation, ECB policy, and the US Fed chair speech will be watched by investors to get cues on market momentum, Nair added. On a weekly basis, the BSE benchmark jumped 522.74 points, or 0.65 per cent, while the Nifty climbed 178.3 points, or 0.73 per cent. The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of 80,519.34 on Friday. During the day, it zoomed 996.17 points, or 1.24 per cent, to hit an all-time high of 80,893.51. The NSE Nifty surged 186.20 points, or 0.77 per cent, to settle at a record closing high of 24,502.15. Intra-day, it jumped 276.25 points, or 1.13 per cent, to hit a new lifetime peak of 24,592.20.

Trading activity to hinge on Q1 results, global trends in holiday-shortened week: analysts

<ul class="summary-list"><li>The ultra-gory "Terrifier" franchise follows a demonic serial killer called Art the Clown.</li><li>Audience members walked out of a recent "Terrifier 3" screening, and one person vomited.</li></ul>Audience members were so disgusted by the ultra-gory horror movie "Terrifier 3" that they walked out of a screening last week — which is great news for its marketing team.Director <a target="_blank" href="https://www.businessinsider.com/damien-leone-terrifier-3-evil-dead-sam-raimi-new-project-2023-2">Damien Leone's</a> "Terrifier" franchise tells the story of a demonic serial killer called Art the Clown, who brutalizes his victims with a hideous grin on his face.Its makers will be keen to recreate the buzz surrounding the 2022 prequel "<a target="_blank" href="https://www.boxofficemojo.com/title/tt10403420/?ref_=bo_se_r_1">Terrifier 2</a>." A <a target="_blank" href="https://www.businessinsider.com/terrifier-2-allie-death-director-damien-leone-infamous-scene-2023-2">hideous sequence</a> featuring a woman being scalped, which was too much even for some seasoned horror fans, saw some audience members faint and vomit during "Terrifier 2" screenings. The hype likely helped the independent movie rake in $15 million against a budget of $<a target="_blank" class="" href="https://www.boxofficemojo.com/title/tt10403420/?ref_=bo_se_r_1">250,000</a>, despite having no backing from a major Hollywood studio.The second film establishes supernatural lore surrounding the clown and one of his would-be victims, Sienna (Lauren LaVera). "Terrifier 3," which is out in cinemas on October 11, sees Art return to get revenge on Sienna and her family during the Christmas holidays. The film is so gory that it was given an 18+ rating in France: a first <a target="_blank" href="https://bloody-disgusting.com/movie/3834337/terrifier-3-is-the-first-horror-movie-france-has-banned-minors-from-seeing-since-saw-3-in-2006/">since "Saw III" in 2006</a>.Following a UK press screening on October 2, distributor Signature Entertainment posted on X that venue staff said 11 people walked out of the film and one person vomited.The tweet was in reply to a photo shared by the "Terrifier 3" X account. It said "don't say we didn't warn you" alongside a photo of a sign reading: "THIS FILM CONTAINS EXTREME VIOLENCE AND EXCESSIVE GORE. IF YOU ARE FEELING UNWELL, PLEASE FIND A MEMBER OF STAFF." Matt Hudson, the host of the Spook City horror movie podcast who attended the screening, told Business Insider that he saw viewers walk out and heard someone talking about the person vomiting.Film analyst, <a target="_blank" class="" href="https://horrormoviereport.com/">Stephen Follows</a>, told BI that while news of walkouts and vomiting used to be a warning to viewers over movies including "<a target="_blank" href="https://www.businessinsider.com/the-exorcist-linda-blair-50-years-horror-religious-thriller-2023-11">The Exorcist</a>," nowadays it's a challenge to attract audiences."How are you going to get people to get off their butts and go into the cinema? Well, you say that 'this is a moment in time.' You say 'this is a live experience like nothing else.' This is a knowing wink and a joyous promise. It's gone from being a threat to a promise. it's a challenge as well. Can you cope where others cannot?"From what I hear 'Terrifier 3' delivers, but they're certainly ramping up the expectations to the point where people are going to be like, 'Alright, I'll see I've got a strong stomach.'"He added that some fans might be skeptical of reports of walkouts because they are so common. "What's interesting is the cultural acceptance of it. Horror fans will smile now, 'Oh, they're doing that. Okay, so that's how they're pitching it!' It's become a meme," he said.Hudson, who is also a Rotten Tomatoes-approved critic, said that audiences have been desperate for a charismatic new horror icon, and Art has filled that void."I don't think we've had a real icon since the idea of<a target="_blank" href="https://www.businessinsider.com/scream-ghostface-all-killers-so-far"> Ghostface</a> in 1996 and then before that you've got the classics, Freddy Krueger, Jason Voorhees, Michael Myers,<a target="_blank" href="https://www.businessinsider.com/hellraiser-movies-ranked-worst-to-best-pinhead"> Pinhead</a>. So I think audiences also want a new icon, somebody who they almost go to see the film for Art rather than anybody else," he said.It remains to be seen if "Terrifier 3" will be another cult hit — and what horrors will befall the victims of "Terrifier 4," which was greenlit in September.

Ultra-gory 'Terrifier 3' is using puking viewers as a marketing tool. The same hype helped 'Terrifier 2' make $15 million on a $250,000 budget.  

<ul class="summary-list"><li>China's thrifty consumers are boosting Asian companies with wallet-friendly offerings.</li><li>Companies like Japan's Saizeriya, Yum China, and Fast Retailing have recently reported strong sales.</li></ul>China's consumers are tightening up their belts, but not everyone's a loser. Some companies are riding the frugal wave.Saizeriya, a restaurant chain from Japan — a country well familiar with a prolonged downturn — is one company making bank from China's downturn.In its fiscal year that ended August 31, <a target="_blank" class="" href="https://www.saizeriya.co.jp/PDF/irpdf001505.pdf">Saizeriya</a>, which serves Italian food at budget prices in several Asian countries, reported operating profit nearly doubled from a year ago to 14.8 billion Japanese yen, or $99.6 million.Hideharu Matsutani, the company's president, said at a Wednesday press conference that operating profit from its China operations "rose significantly," per <a target="_blank" class="" href="https://asia.nikkei.com/Business/Food-Beverage/Thrifty-Chinese-diners-bring-record-profit-for-Japan-s-Saizeriya">Nikkei.</a>Matsutani said Saizeriya is now using its strategy for Japan in the neighboring market because "conditions in China in some respects look like Japan after its economic bubble burst."There are <a target="_blank" class="" href="https://www.businessinsider.com/china-economy-heading-for-lost-decade-needs-reform-growth-japanification-2024-2">similarities</a> between <a target="_blank" rel="" href="https://www.businessinsider.com/japan-millennial-salaryman-job-wages-rent-home-ownership-birthrate-2023-5#the-typical-japanese-millennial-is-financially-conservative-having-grown-up-watching-their-countrys-lost-decade-suffer-from-a-devastating-economic-crisis-2">Japan's "Lost Decade"</a> of economic stagnation in the 1990s, after the country's asset and credit bubbles burst, and <a target="_blank" class="" href="https://www.businessinsider.com/china-economy-property-crisis-vanke-get-uglier-analyst-charlene-chu-2024-3">China's economic downturn</a> now.After Japan's asset bubble implosion, consumption in Japan witnessed a fundamental shift, as people who previously would pay for quality and convenience increasingly moved to buying discount goods, consultancy <a target="_blank" class="" href="https://www.mckinsey.com/~/media/McKinsey/Industries/Consumer%20Packaged%20Goods/Our%20Insights/The%20new%20Japanese%20consumer/The%20new%20Japanese%20consumer.pdf">McKinsey</a> wrote in a 2010 report.Chinese consumers now appear to be moving in the same direction as their Japanese peers, trading down for cheaper products — even if the trend also presents challenges for budget-friendly retailers.Still, investors appear to agree with the strategy of offering more value for money. Shares of Saizeriya listed on the Tokyo Stock Exchange are up 7.7% this year-to-date.<h2 id="fa258e48-944f-4589-9a00-fdd7e405730d">Living well but at the 'best value for money'</h2>In China, too, times have changed, and people are looking for cheaper products, including <a target="_blank" class="" href="https://www.businessinsider.com/chinese-economy-young-shoppers-looking-dupes-substitutes-pingti-fashion-travel-2024-9">dupes and substitutes.</a>"Consumers are increasingly rational and strategic, focusing on obtaining the best value for their money," said MingYii Lai, a strategy consultant at Beijing-based market research firm Daxue Consulting, told Business Insider.Shoppers are seeking high-quality experiences and products at lower costs while aiming to live well, she said.People are increasingly choosing to spend on experiences, like travel and food, rather than buying products."Economic pressures and changing priorities are driving a move towards more economical spending," said Lai.The ethos has benefited companies with budget offerings, including Yum China, which operates KFC and Pizza Hut in the country.<a target="_blank" class="" href="https://ir.yumchina.com/quarterly-results">Yum China'</a>s second-quarter operating profit grew 4%, to $266 million, from a year ago thanks to aggressive budget-friendly deals.<a target="_blank" class="" href="https://www.fastretailing.com/eng/ir/financial/summary.html">Fast Retailing</a> — the parent company of Uniqlo, known for affordable clothes — reported net profit growth of 25.6% for its full year ending August 2024 thanks to robust sales in both the domestic and international markets. Sales in Greater China grew by 9.2%, to 677 billion yen.Yum China shares are up 11% this year to date, while Fast Retailing shares are up 56% over the same period.<h2 id="af7e4a77-fdf8-44fe-9f62-eb06a273ab9e">Intense competition</h2>However, China's market is a fast and furious one — even for winners — and the country's economic downturn has created cut-throat competition with aggressive price wars.Uniqlo said on Thursday that while sales in mainland China were "strong" in the first half of its fiscal year, they were "lackluster" in the second half.Some consumers are <a target="_blank" class="" href="https://www.businessinsider.com/chinese-economy-young-shoppers-looking-dupes-substitutes-pingti-fashion-travel-2024-9">going straight to the source</a> to buy original equipment manufacturer goods or white label products to replace items in a wide range of categories — even if they're just ordinary products.The race for Chinese consumers' yuan is exemplified in the boba tea business, where an all-out price war is changing market dynamics for what is considered a still affordable indulgence in a penny-pinching era.As China's economic malaise deepened, <a target="_blank" class="" href="https://x.com/AFP/status/1835337779993256178">boba tea went from</a> premium pricing around $3.50 to $5.50 on average to as little as $1 or less over the last few years."All the players are trying to introduce low-price offers. So, either you can use a low price range, or try to be very creative in terms of pricing promotion so as to stay ahead of the market," Jason Yu, the Greater China managing director at Kantar Worldpanel, a consumer research group, told BI.In KFC's case, its marketing and pricing strategies cater to both ends of the market, with wagyu beef products at the higher end and promotions like 15 wings for under $3, <a target="_blank" class="" href="https://www.businessinsider.com/western-brands-china-kfc-mcdonalds-american-fast-food-all-in-2024-9">BI's Matthew Low</a> reported last month.As Allison Malmsten, another analyst from Daxue Consulting, told BI: "the rich are comfortable to spend, while the middle class chooses cheaper options."

Budget brands are winning in China as people turn to cheap food and fashion     

<ul class="summary-list"><li>Elon Musk says a leaderboard of "dumb" government spending will expose waste — and he wants your two cents.</li><li>Experts say the board "gamifies" the conversation — and it's likely going to get a lot of attention.</li></ul><a target="_blank" class="" href="https://www.businessinsider.com/elon-musk">Elon Musk</a> wants to gamify the act of slashing government spending — and experts said it's a savvy strategy to get people to pay attention to a dry subject.The Tesla CEO said this week that he plans to <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-doge-leaderboard-federal-government-spending-trump-2024-11">post a public "leaderboard</a> for the most insanely dumb spending of your tax dollars.""This will be both extremely tragic and extremely entertaining," Musk posted, along with a promise to let the public weigh in on specific potential cuts.Musk would create the leaderboard as part of a new position in President-elect Donald Trump's administration: head of a new "Department of Government Efficiency," or <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-vivek-ramaswamy-doge-government-efficiency-what-us-spends-2024-11">DOGE, which would be charged with cutting federal spending</a>.Musk said all the activities of DOGE — which he will lead alongside <a target="_blank" href="https://www.businessinsider.com/trump-elon-musk-vivek-ramaswamy-department-government-efficiency-doge-2">businessman Vivek Ramaswamy</a>, and which is named after a Musk-linked cryptocurrency — would be published online in the name of transparency.While the effectiveness of Musk's leaderboard remains to be seen, experts told Business Insider that it revealed his marketing savvy — even if it could also encourage "gotcha" moments that need more context.The board promises entertainment, competition, and interactivity marketed to a group with skin in the game: the American public with an eye to their tax dollars.And it would turn an often wonky exercise — government budgeting — into a participatory game of winners and losers. In the process, it would also likely give Musk a valuable prize: our attention.<h2 id="ecf50696-d41c-44af-a191-d6e041165dae">A 'leaderboard' can gamify a wonky subject — and help it go viral</h2>Natalie Andreas, a communications studies professor at the University of Texas at Austin and digital strategy consultant, said Musk's leaderboard "has intriguing potential as a viral, high-impact marketing strategy."She said that, like a social media feed, the format "encourages frequent checking and sharing" and that public involvement through voting or sharing could fuel viral momentum.Ayelet Fishbach, a professor of behavioral science and marketing at the University of Chicago's Booth School of Business, said a leaderboard takes advantage of a "gamification" strategy.Such a strategy can be entertaining — which helps a prospective audience stay engaged. And an engaged audience can be more likely to pass on information to their friends and other social media contacts, disseminating a message.Or, as Musk himself said about the leaderboard: "The entertainment value will be <a target="_blank" href="https://x.com/elonmusk/status/1856524169338314838">epic</a>."<h2 id="419ad8c4-6323-4c1e-bac7-7bc5394716b5">Interactivity helps give an audience a feeling of control</h2>Musk has promised a virtual suggestion box where the public can give him tips on what to cut or protect. "Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!" he wrote. Musk and Trump's representatives didn't return a request for comment.Especially in a dry realm like government spending, Musk's plans are bound to grab eyeballs — and perhaps make people feel more invested in the outcome. And in an environment with so many distractions — social media, streaming video, text messages — attention is a valuable commodity.Andreas said the leaderboard could strengthen Musk's brand "as a bold, transparency-driven disruptor," though she also cautioned that it also would need "careful handling" to let the people and organizations targeted by the board add context.She said allowing users to vote or contribute examples of perceived waste "could drive high engagement and user-generated content, making the leaderboard both interactive and addictive."Karen North, a clinical professor of communication at the University of Southern California's Annenberg School for Communication and Journalism, said the venture also speaks to Trump's unique ability to spark an emotional investment — and sometimes encourage vilification — in American politics. North previously served in the Clinton administration's science and technology policy office.She said the leaderboard marks another example of how the president-elect turns politics "into a show.""There's nothing more boring than talking about reducing spending in government. It's worse than just doing math for the sake of math," North said.<h2 id="90bc8724-304c-43f5-b31a-17725260dea9">There are risks to the gamification strategy</h2>North said the gamification strategy comes with risks. "People will be so easily drawn into playing 'gotcha' and being outraged that they may get caught up in the outcome rather than the meaningful details," she said.But gamifying the subject makes it fun — and social media has created a "participatory society" where people feel even more involved and invested, she said.There is some precedent for Musk's leaderboard, North said, noting that former Sen. William Proxmire, a Democrat from Wisconsin, began to issue the "Golden Fleece Award" for wasteful spending throughout the 1970s and '80s via monthly press releases.North said it is often considered one of the most successful PR campaigns in government history, though she cautioned that it did lead to some unforeseen consequences: Some research that was initially ridiculed as wasteful government spending — including the <a target="_blank" href="https://www.goldengooseaward.org/01awardees/screwworms">sexual behavior of screwworms</a> — later proved critical to the US livestock industry and significantly reduced beef costs for Americans.And Amy Jo Kim, a game designer who has a doctoral degree in behavioral neuroscience and who's taught game design at Stanford, said that a leaderboard can inherently contain a point of view: Who's to determine, for instance, what's "waste" and how that's defined.It's "a storytelling device," Kim said. "It's the opposite of transparency, but it'll be seen as transparency by people that don't realize that it all comes back to who defines waste."

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