When it comes to weddings, most Indians want them to be big, fat and bling. The wedding season is off to a strong start; hotels from Corbett to Bodh Gaya are booked as more Indians choose offbeat locales to tie the knot, shopping of Banarasi sarees, sherwanis, shoes and jewellery is in full swing and…
NEW DELHI: Amid the political row kicked up by the proposed constitutional amendment to bring Chandigarh under the ambit of Article 240, home ministry Sunday clarified that the proposal neither “seeks to alter Chandigarh’s governance or administrative structure” nor “change the traditional arrangements between Chandigarh and the states of Punjab and Haryana”. In a post…
MUMBAI: Several global banks and economists expect a 25 basis points (100 bps = 1 percentage point) repo cut in Dec 2025, possibly ending the current easing cycle. Near-zero CPI inflation in Oct has strengthened confidence that RBI’s monetary policy committee can ease rates even if July-Sept growth exceeds the central bank’s forecast of 7%.A…
Mumbai: Adani Group‘s defence and aerospace unit is considering an acquisition of Flight Simulation Technique Centre (FSTC), India’s leading non-captive pilot training firm, people familiar with the matter said. If the deal goes through, it will mark the group’s entry into the aviation training business and ramp up its M&A portfolio.Established in 2012, FSTC has…
NEW DELHI: Magicbricks has released the rental Index for the July-Sept quarter, highlighting that the rental market is resetting after three quarters of strong activity. The report showed that average rents continued to strengthen, rising 4.4% quarter-on-quarter and 18.1% year-on-year, even as key metros displayed differing levels of tenant activity during this period.National rental demand…
The restarted Senate is moving forward with certain crypto initiatives, but how much time is left compared to how much work is left, really? You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Now that Congress is back…
The CJI said he had sought a report from NCLAT judicial member Justice Sharad Kumar Sharma who had startled everyone by disclosing in open court on Aug 13 that “one of the most revered members of the higher judiciary of this country” had approached him to secure a favourable order and recused himself from hearing…
The government is considering a plan to allow global tenders for a wide range of patented medicines — spanning weight-loss, cancer, cardiac and diabetes treatments — to support procurement for central healthcare agencies such as the armed forces’ medical services and the Employees’ State Insurance Corporation (ESIS).The plan is aimed at securing essential treatments that…
India’s equity markets are expected to see heightened volatility this week, driven by key domestic macroeconomic data releases, global market cues and foreign investor activity, analysts said. “This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production,” Ajit Mishra,…
The Finance Ministry is once again examining the merger of three state-owned general insurance companies—Oriental Insurance, National Insurance and United India Insurance—after an improvement in their financial condition, PTI reported citing sources. The move revives a proposal first announced in the 2018-19 Budget to consolidate the three entities into a single insurer to improve efficiency…
