Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
India's net direct tax collection has seen a robust 15 per cent increase, reaching approximately 5.21 trillion in the first two and a half months of FY27, as on June 17, driven by strong growth in both corporate and non-corporate tax segments.
Two individuals have been apprehended in Jamshedpur, Jharkhand, concerning the murder of a 24-year-old man, allegedly a revenge killing for a previous murder.
A 70-year-old woman was allegedly beaten to death in Jharkhand's East Singhbhum district by a man suspected to be mentally unstable. The incident occurred in a forest near Kundrukocha village when the victim was collecting mahua seeds. The accused is currently under police custody and undergoing treatment.
'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
'Instead of shouting or picking a fight, as soon as you feel yourself getting angry, remove yourself from the situation for a while,' advises rediffGURU Ravi Mittal, CEO of online dating website Quack Quack and Rebounce, a matrimony platform.
A man in Aligarh, Uttar Pradesh, has been arrested for allegedly strangling his 19-year-old daughter to death after opposing her relationship with a neighbour.
Newly appointed Bengal Industries Minister Tapas Roy has announced ambitious plans to attract significant investments, particularly from the Tata Group, to revive industrial growth in West Bengal. He aims to restore investor confidence, bring back businesses that left the state, and create an industry-friendly environment focused on manufacturing, services, and renewable energy.
Rameswaram temple elephant enjoys refreshing pool bath amid intense summer heat.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
Three people were arrested in Gurugram for allegedly creating a ruckus and assaulting a security guard at a housing society after playing loud music from their SUV.
A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Gurugram Police have arrested a man from Hapur, Uttar Pradesh, for his alleged involvement in an Rs 8.30 lakh cyber fraud. The accused provided his bank account, which was used to receive the cheated amount from a victim who was subjected to a "digital arrest" by fraudsters impersonating government officials. The investigation is ongoing to trace other individuals involved.
Gurugram Police have arrested a man from Hapur, Uttar Pradesh, for his alleged involvement in an Rs 8.30 lakh cyber fraud. The accused provided his bank account, which was used to receive the cheated amount from a victim who was subjected to a "digital arrest" by fraudsters impersonating government officials. The investigation is ongoing to trace other individuals involved.
A man in Jharkhand's Chatra district allegedly killed his mother's boyfriend and buried the body in a forest. Police have arrested three accomplices and are searching for the main accused, with the murder allegedly triggered by a dispute over the relationship.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
Gurugram police have arrested five individuals in connection with a Rs 42.92 lakh digital arrest scam. The fraudsters posed as CBI officers, intimidated a victim, and coerced them into transferring a large sum of money. The arrested individuals include account holders and those who withdrew the defrauded cash.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.
Two men in Gurugram hired an SUV from a rental shop and sold it in Rajasthan for Rs 2.3 lakh. Police arrested the accused, who have a prior criminal history.
Excise department and police seized 292 bottles of foreign liquor from a flat in Gurugram and booked a liquor trader for illegal storage and suspected illegal sale.
Maharashtra Congress president Harshwardhan Sapkal criticised the state government over the law and order situation, alleging a rise in crimes against women and questioning the administration's priorities.
Gurugram Police have arrested a 50-year-old owner of a real estate firm for allegedly duping people of crores by promising land agreements.
For hundreds of Indian scholars who journeyed to Canada aiming for a foreign degree and a path toward long-term career opportunities, what should have been a triumphant graduation has instead spiralled into deep uncertainty.
Here's decoding the fine print so that you know exactly what your health insurance policy covers, what it doesn't and the policy conditions that deserve your attention before you need to make a claim.
A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.
The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.
The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.
Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.
A 17-year-old schoolgirl in Gurugram, India, allegedly died by suicide after being harassed, according to police reports. Investigations are underway, focusing on chats found on her mobile phone and a note indicating threats from a young man.
A 30-year-old woman was found murdered in her Koderma home, with her throat slit. Police are investigating the incident and questioning family members.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
A young woman was allegedly molested and assaulted outside a club in Gurugram's Sector 65. Police have registered an FIR and are investigating the incident.
Gurugram Police have arrested two individuals for allegedly stealing tyres and rims from vehicles parked in residential areas and along roadsides. Authorities recovered numerous stolen items from the accused, including tyres, rims, and alloy wheels.
Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.
