One of Mumbai's biggest real estate redevelopment projects of Bombay Development Directorate's (BDD's) chawls (large buildings divided into many separate tenements, offering cheap, basic accommodation) has taken off in Central Mumbai, opening up a Rs 20,000-crore opportunity for real estate companies. It is expected to drive down real estate prices in Central Mumbai by up to 25 per cent, forecast real estate experts. Spread over 92 acres in Central Mumbai's prime localities of Worli, Lower Parel, and Dadar and consisting 195 four-storey houses, the BDD chawls were constructed in the 1920s.
The United States will deploy additional fighter jets and Navy ships to West Asia in order to defend Israel, the US Department of Defence said.
They said a Delhi Police Special Cell team nabbed four people from South Delhi's Mahipalpur and confiscated the consignment weighing over 602 kilograms.
While Canada denies harbouring extremists or terrorists, Kugelman pointed out that India remains firm in its disagreement.
India experienced its second-hottest quarter from June to August this year since 1970, with over one-third of the country's population enduring at least seven days of dangerous heat, according to a new report by a United States-based group of climate scientists and communicators.
A higher-than-expected consumer price inflation (CPI) print for March in the US has dashed hopes of an interest rate cut by the US Federal Reserve (US Fed) in June. Analysts now expect the US central bank to start cutting rates in September, provided inflation remains in check and oil prices remain supportive. The markets, analysts believe, partially factored in this possibility.
If technical analysts are to be believed, the index has more room for a slide down to 72,000 levels in the worst-case scenario, wiping out all the gains made in 2024 so far.
Though he does not know what New Delhi is intending to do, Berlin would "welcome any engagement", he added.
Hundreds of people are facing a shortage of food, safe drinking water and sanitation in Kathmandu following the natural disaster, according to eyewitnesses.
On a five-day rolling basis, FPI selling is the highest in 24 years.
'Pakistan will also have to play its role in this so that the relations between the two countries improve.'
'Invest only in stocks of those companies that deliver on earnings and there is earnings visibility too for the next few quarters.'
Chief of the General Staff of the Iranian Armed Forces, Mohammad Bagheri, told Press TV that the Nevatim air base, the Netzarim military facility and the Tel Nof intelligence unit, were hit in the Tuesday night attack dubbed 'Operation True Promise II'.
Heatwave conditions are expected over northwest India during the next five days, with Punjab, Haryana, Rajasthan and Delhi predicted to bear the maximum impact, the India Meteorological Department (IMD) said on Thursday.
'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'
'If the period between 1991 and 2014 was about laying the foundations and building the runway, the period from 2014 to 2024 has been about the aircraft taking off.'
China welcomes all initiatives that truly help developing countries build infrastructure and sincere efforts to promote connectivity and common development, the Chinese Foreign Ministry said.
All investors should ideally have a 10 to 15 per cent allocation to gold. Whether they invest in gold ETFs or SGBs should depend on their investment horizon.
"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.
Pakistan Foreign Minister Bilawal Bhutto-Zardari on Friday said his visit to Goa was a 'success' as he advocated his country's case on the soil of India.
External Affairs Minister S Jaishankar on Monday held wide ranging discussions with Iranian counterpart Hossein Amirabdollahian in Tehran and their discussion focused on the long term framework for India's involvement with the strategically vital Chabahar port and the North-South connectivity project.
Following is a look at some new and the more unusual events in the schedule of the 19th edition of the Asian Games:
Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.
Air India is leaving behind some 50 bags at the Delhi airport as it flies to the US, reducing what it carries after the closure of Afghanistan's airspace increased flight time by at least 30 minutes. Air India flies the Boeing 777 and 787 aircraft to New York, Newark, Chicago, Washington and San Francisco.
They are allegedly the owners of the drugs and had commissioned the trip, police commissioner-general Marthinus Hukom, head of the Indonesian National Narcotic Agency, told reporters at a press conference in Batam.
The BJP-led National Democratic Alliance's (NDA) slim majority in Lok Sabha may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation, Moody's Ratings said on Wednesday. NDA securing a majority in the general elections will give a historic third term for Narendra Modi as Prime Minister of India. "We expect policy continuity, especially with regards to budgetary emphasis on infrastructure spending and boosting domestic manufacturing, to support robust economic growth.
Amid the COVID-19 pandemic continuing and the cases rising, this would be the second year in a row when there would be no foreign leader as the chief guest at the Republic Day celebrations.
Abdu will make his Bollywood debut in Salman Khan's film Kisi Ka Bhai Kisi Ki Jaan.
Mumbai, its satellite cities, north and central Maharashtra and south Gujarat received rains on Wednesday owing to a low-pressure area in the Arabian Sea and a western disturbance, the India meteorological department said.
Prime Minister Narendra Modi on Friday called for developing a template by the Shanghai Cooperation Organisation (SCO) to effectively deal with the challenges of extremism and radicalisation.
On the second leg of his trip to Central Asia, Narendra Modi makes quite an impression in Astana, as he talks about terror and trade, films and the future
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
'Given that the situation is quickly escalating, such attacks will affect the flow of crude in the short term from West Asia' Subhayan Chakraborty and Dhruvaksh Saha report.
Gold is an excellent asset class for diversification and should be included in all long-term portfolios.
'India's march towards being a $5 trillion economy continues, notwithstanding momentary setbacks.' 'India is at an inflexion point and most economists believe this growth super-cycle will extend for over four decades.'
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
India's GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled 'China Slows India Grows', S&P said it expects Asia-Pacific's growth engine to shift from China to South and Southeast Asia. "We project China's GDP growth to slow to 4.6 per cent in 2024 (2023: 5.4 per cent), edge up to 4.8 per cent in 2025, and return to 4.6 per cent in 2026.
'It was China's rise that caused the New Cold War in Asia as it prompted the United States to rebalance its forces in Asia to experiment with engagement and containment at the same time,' says T P Sreenivasan.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
Jaspal Rana's contribution towards Manu Bhaker's remarkable transformation into a double Olympics medallist will not go unnoticed. The national shooting federation is mulling bringing the Dronacharya awardee coach back into its fold.
