The average price of newly launched residential projects in India’s top 10 cities has surged by a staggering 88 per cent over the past five years, according to a report by real estate data analytics firm PropEquity released on Monday. Gurugram witnessed the most dramatic price growth, with average prices catapulting by 160% from Rs […]
New Delhi: India saw 25 deals worth $1.3 billion in the real estate sector in the July-September period (Q3), maintaining strong deal volumes and marking an all-time high in deal numbers and second-highest values since Q2 2023, a report showed on Monday. Deal values were primarily driven by the qualified institutional placement (QIP) activity, private […]
The World Bank building is pictured in Washington, April 5, 2021. WASHINGTON: The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds […]
On October 14, market participants will focus on several key events, including the September quarter earnings of major companies along with Hyundai’s upcoming IPO. Global factors such as US retail sales, the ECB interest rate decision, China’s Q3 GDP data, and oil price fluctuations will also play a significant role. Indian markets are expected to […]
BBC Hindi Prakash Sharma has been mining diamonds for 50 years “I feel sick if I don’t search for diamonds. It’s like a drug.” Prakash Sharma, 67, speaks about diamonds with a passion that has defined his life for the past five decades. A diamond hunter in India’s central state of Madhya Pradesh, he spends […]
NEW DELHI: Central Consumer Protection Authority (CCPA) has directed ride-hailing platform Ola to offer a choice to customers to either opt for a refund directly in their bank accounts or a coupon that can be redeemed against booking another ride. It observed that only giving a coupon is “unfair trade practice“.The authority also instructed the […]
Getty Images The cost of borrowing money to buy a home is “unlikely” to return to the low levels seen over the past decade, the boss of the UK’s largest mortgage lender has said. Charlie Nunn, chief executive of Lloyds bank, said the bank expected mortgage rates to come down, but not to the near-zero […]
Consumers may choose refund via bank account or coupon in grievance redressal Process The Authority is headed by Chief Commissioner Nidhi Khare. In a landmark decision, the Central Consumer Protection Authority (CCPA) has directed Ola, a leading online ride-hailing platform, to implement a mechanism allowing consumers to choose their preferred method of refund—either directly to […]
Mumbai: Highlighting the $117 billion untapped export potential for India, more than 30 countries are set to participate in the fifth edition of ‘World Trade Expo’ in the financial capital from October 17-18. India has untapped export potential with the participating countries in sectors such as textiles, pharmaceuticals, chemicals, automobiles and components, machineries, etc. The […]
To ensure easy and adequate credit availability to the MSME sector, the State Bank of India (SBI) is planning to enhance the threshold under the instant loan scheme from the existing Rs 5 crore. ‘MSME Sahaj – End to End Digital Invoice Financing‘, provides solutions ranging from applying for the loan, documentation and disbursement of […]
