CATEGORIES

BUILDERS EXPECT SALES T0 GROW BY 3-4 TIMES DURING FESTIVE SEASON

Real Estate developers are avoiding festival offers this season because of high demand and quick sale of projects. During COVID and the slowdown in the real estate period when there was an oversupply of inventories, builders used to give various incentives like free registration, TVs, ACs, cars and even foreign trips for booking/buying flats.

HC pulls up Maharashtra govt for denying benefits to martyr's widow

The Bombay High Court on Friday expressed displeasure with the Maharashtra government for its failure to decide on granting benefits to the widow of an Army major, who was martyred in Jammu and Kashmir, under its policy for ex-servicemen.

UK Economy shows 0.1% growth in February, indicating recession rebound

The Office for National Statistics, the U.K.’s gross domestic product (GDP) increased by 0.1% in February, indicating a continuation of sluggish economic growth for the year.

ADB forecasts moderation in Chinese economy for 2024

The Asian Development Bank (ADB), the Chinese economy is expected to achieve a growth rate of 4.8 percent in 2024. This forecast is attributed to the recovery of household consumption, ongoing adjustments in the property market, and subdued external demand.

NCP chief Ajit Pawar discusses contentious Madha and Nashik seats with party workers

Maharashtra Deputy Chief Minister Ajit Pawar, who heads the Nationalist Congress Party (NCP), on Friday met the leaders of his party and discussed with them the issues surrounding the contentious Madha and Nashik Lok Sabha seats.

CONGRESS FACES SETBACK AS 2 DISTRICT PRESIDENTS RESIGN OVER DHULE CANDIDATE ANNOUNCEMENT

The Congress party in Maharashtra has encountered a significant setback as its district presidents in Nashik and Dhule have tendered their resignations in protest against the decision to nominate former MLA Dr. Shobha Bachhav as the Lok Sabha candidate for the Dhule constituency.

Supreme Court Transfers To Itself petition Challenging BCI's Decision Code Of Conduct rules 2023 Before Karnataka High Court

The Supreme Court in the case Bar Council Of India vs. Rahamathulla Kothwal observed and has transferred to itself a pending petition before the Karnataka High Court wherein it challenged the Bar Council Of India, BCI Rules for qualification or Disqualification and produce for election and code of conduct for the elections of S.B.C/B.C.I.) 2023, the Rules of 2023 which being on the grounds that similar cases with identical issues of conducting free and fair state bar council elections have been transferred to the Supreme Court.

Europe's resilient finance sector amid US ESG backlash

In Europe, a consistent demand for environLmentally and socially responsible investments, coupled with comprehensive regulations, is bolstering the resilience of the finance industry against political pressures.

Indian IT firms face budget constraints as clients tighten purse strings

Infosys Ltd. and Wipro Ltd. are anticipated to commence the Indian earnings season with subdued performances due to tight IT budgets among financial services clients.

US INTEREST RATE CUT UNLIKELY IN JUNE AMID STUBBORN INFLATION: MOODY'S

Moody’s believes an interest rate cut during the US Federal Reserve s June meeting is likely off the table given stubborn inflation in the country

Adani group requests $750M from Banks for warrant conversion

The Adani Group is currently in discussions with banks to secure around $750 million (Rs 6,200 crore) in order to meet payment obligations for the conversion of warrants allotted by Ambuja Cements. The deadline for these payments is April 18.

G-SHOCK'S DEBUT: UNVEILING TRENDS IN NEW DELHI WITH FIRST EXCLUSIVE STORE

The brand invites visitors to explore its newly curated space, where every corner embodies the ethos of Absolute Toughness’ and celebrates

TN to pitch itself aggressively as mfg site for Tesla

India’s southern state of Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company’s planned investments ahead of billionaire Elon Musk’s visit.

HAL bags 97 LCA Mark 1A fighter jets @Rs 65,000 crore

The Defence Ministry has issued a tender to the public sector firm Hindustan Aeronautics Limited for the purchase of made-inIndia 97 LCA Mark 1A fighter jets expected to be worth over Rs 65,000 crore.

Noida Airport selects Bird Group for ground handling services

On Friday, Noida International Airport said it has entered into a concession agreement with the Bird Group to provide groundhandling resources and services at the upcoming airport in Jewar, Uttar Pradesh.

INDIAN REAL ESTATE TO SURGE TO USD 1.5 TRILLION BY 2034, SAYS REPORT

As per the report published on Friday, India’s real estate sector will be worth USD 1.5 trillion by 2034 as it grows three-fold from USD 482 billion now, with residential and commercial demand increasing.

India seeks faster process, Peru calls for flexibility, pragmatism

India and Peru on Friday dicussed trade in goods, trade in services, movement of natural persons, rules of origin among other matters during the seventh round of negotiations for the India-Peru FTA from 8-11 April 2024.

Indian tech startups see sharp drop in layoffs, down 60% in Q1

Indian technology startups witnessed a notable decline in layoffs during the first quarter of the calendar year, according to data compiled by a tracking website. Despite ongoing economic challenges, layoffs in the sector reduced by 60% compared to the corresponding period last year, indicating a relatively stable employment landscape amidst evolving market dynamics.

India's silver rush, imports surge to record high, expected to climb 66%

In a significant development, India’s silver imports skyrocketed by a staggering 260% in February, reaching an all-time high.

Retail inflation eases to 4.85% in March 24, experts flag food price worry

Days after RBI kept its policy rates in abeyance, India’s consumer price index led retail inflation moderated to 4.85 per cent in March 2024 even as food inflation softened marginally and core inflation remained steady at 3.5 per cent.

PVS KEEP AUTO SECTOR FIRING IN FY24 POST 12.5% GROWTH, SALES OF 42 LAKH UNITS

On the backdrop of a robust economic growth of 7.6 per cent the Indian automobile industry posted a satisfactory growth of 12.5 per cent during financial year 202324, with passenger vehicle segment leading the growth with overall sales touching almost 5 million units even as the industry remains optimistic amidst positive macroeconomic outlook.

UAE Commits $15 Mm To 'Amalthea Fund' For Gaza Relief

In accordance with President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s instructions, the UAE has announced a USD 15 million allocation to support the “Amalthea Fund.”

WTO Predicts Global Trade Rebound In 2024 Amidst Economic Recovery

According to a recent forecast by economists at the World Trade Organization (WTO), global goods trade is projected to gradually recover this year.

Telecom Sector Brace For 15-17% Tariff Jump Post-Election, Says Report

The telecom industry is expected to take a 15-17 percent tariff hike post general elections, according to an analyst report that termed the tariff increase in the sector as "imminent" with Airtel as the biggest beneficiary.

Over 1.50 Lakh New Voters Added In Eight LS Seats Of Maharashtra

More than 1.52 lakh new voters have been registered in eight out of total 48 Lok Sabha constituencies in Maharashtra in the latest round of electoral roll revision, in which the number of new women voters was more than their male counterparts, officials said.

India's UPI Transactions Way More Than US Digital Payments: EAM S. Jaishankar

During a recent address, (EAM) S Jaishankar highlighted India's significant strides in digital payments, revealing that the country now conducts transactions worth Rs 120 crore monthly through the Unified Payments Interface (UPI).

Infosys And Intel Collaborate On Gen AI For Enterprise Growth

Indian IT services firm Infosys and semiconductor leader Intel revealed an extension of their strategic partnership aimed at supporting global enterprises in speeding up their AI initiatives.

Cola, Beverage, Ice Cream Makers Expect Sales Skyrocket As Temperature Soars

As temperatures begin to climb and a heatwave settles in, FMCG and dairy companies selling cola-based fizz drinks, juices, mineral water, ice creams, and milk-based beverages expect a spike in sales.

Apple Warns Users Of 92 Countries About Possible 'Mercenary Spyware' Attack

Apple has warned its users in India and 91 other countries that they may have been the victims of a "mercenary spyware" attack, according to multiple media reports.

Fast retailing's Q2 profit climbs 7.2% to $721.80mm

Fast ast Retailing Co of Japan reported a 7.2% increase in second-quarter profit, maintaining the momentum towards what the Uniqlo operator anticipates will be a third consecutive year of record earnings.