India’s premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.As per Magicbricks, India the country’s luxury housing market is projected to grow at a compounded annual growth rate (CAGR) of 35 per cent, expanding from…
On the upside, MCX Gold has potential to advance toward the 145,000 level in the upcoming sessions. (AI image) Gold and silver price prediction: Gold prices are likely to maintain their uptrend and silver too is showing signs of strength, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his…
Private banks lead small business lending; PSBs lost share in last 2 years: Report NEW DELHI: Private banks continue to dominate enterprise lending to small businesses in India, closely followed by public sector banks (PSBs), though the latter have seen a decline in their market share over the past two years, according to a report…
The S&P hit a record high on Wednesday, with broad-gains across sectors supporting the main indexes during a shortened Christmas eve session. The benchmark S&P touched an intraday record high of 6,921 points, surpassing its previous peak in October, as investors continued to bet on more interest rate cuts from the Fed Reserve next year…
The Navi Mumbai International Airport (NMIA) begins commercial flight operations on Thursday, opening a second aviation gateway for the Mumbai Metropolitan Region after years of missed deadlines. The new facility is expected to emerge as one of the busiest and a significant aviation hub in the country.On its opening day, the airport is expected to…
NEW DELHI: In a bid to ease investor compliance and remove inconsistencies, Sebi on Wednesday doubled the monetary threshold for simplified documentation process for issuance of duplicate securities to Rs 10 lakh from Rs 5 lakh. It has also prescribed a standardised affidavit-cum-indemnity bond format for securities valued above Rs 10 lakh. Agencies Source link
MUMBAI: RBI on Wednesday postponed phase 2 of its nationwide faster cheque clearance system, citing banks’ lack of operational readiness after issues in faced by some banks in phase 1. Phase 2 of the Continuous Clearing and Settlement on Realisation in the Cheque Truncation System, due to start on Jan 3, has been deferred until…
Government has begun discussions with WhatsApp after the messaging app banned a high number of Indian accounts, raising concerns over the continued misuse of Indian mobile numbers for online fraud. According to people familiar with the matter, WhatsApp has been blocking an average of 9.8 million Indian accounts every month until October this year for…
Representative image (Picture credit: AP) MUMBAI: Castrol India is set for a change in ownership, with New York-based investment firm Stonepeak to acquire a majority stake in the lubricants maker from Britain’s BP as part of a $6-billion global deal. BP owns 51% of Castrol India, with the remaining 49% held by public shareholders. In…
MUMBAI: Serious Fraud Investigation Office (SFIO) has opened a formal probe into IndusInd Bank after a Dec 23, 2025 letter triggered an investigation under the Companies Act, 2013, over accounting lapses tied to internal derivative trades.In a filing, the bank said SFIO, under the MCA, seeks information after the lender flagged on June 2 issues…
