While gold continues to provide safety after its strong 2025 rally, well-chosen real estate investments held with a long-term view remain attractive.
Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off after suffering mark-to-market (MTM) losses on earlier hedges.
'The momentum is driven by rising affluence, strong demand from HNIs (high net worth individuals) and NRIs (non-resident Indians), an increased appetite for larger, well-located homes by branded developers, and support from the economy.'
The Maharashtra Food and Drug Administration (FDA) on Monday appealed to the people to immediately stop the sale or use of a specific batch of Coldrif syrup, following child deaths in Madhya Pradesh and Rajasthan allegedly linked to the medicine.
Police have arrested a doctor for alleged negligence and registered a case against the manufacturer of a 'toxic' cough syrup after the death of 14 children in Chhindwara due to suspected renal failure, officials said on Sunday.
Six coaches derailed and there were no casualties and a few passengers were injured.
This is the third reported incident in the past two months in the Agra Division in which the crew of an express train violated the speed restriction.
Enraged by the sexual assault, the victim's family and passengers thrashed Kumar.
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Goldman Sachs expects gold to reach $3,150 per ounce in the international market by December 2025, up around 19.1 per cent from its current level of $2,645, according to a recent report in Business Standard. Domestically, gold is trading at Rs 76,018 per 10 grams after delivering a remarkable 21.9 per cent return in the past year.
ABB reported a weak quarter. Revenue was at Rs 2,910 crore, up only 5 per cent year-on-year (Y-o-Y), with operating profit at Rs 540 crore, up 23 per cent and net profit at Rs 440 crore.
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A thorough probe is underway, none of the authorities has so far talked about any possibility of a sabotage.
The market responded positively to the Q1 results of oil marketing companies (OMCs), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) despite numbers being weaker than consensus. BPCL's reported gross refining margin (GRM) was in line at $7.9 per barrel (bbl) in Q1FY25, which implies marketing margin stood at Rs 4.8 per litre. Standalone profit after tax or PAT at Rs 3,000 crore was down versus consensus due to under-recoveries in LPG business.
The overturned GS and SLRD (Brake Van) coaches are still being restored and rescue works are on, they said.
Ambuja Cements' announcement that it would acquire Hyderabad-based Penna Cement Industries could be the Adani Group company's first step for wider inorganic expansion, according to analysts.
Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. In a regulatory filing, the company said the bond will have a door-to-door tenor of 18 years. The proceeds will be used to redeem the $500 million 6.25 per cent senior secured notes due 2024, it said adding these notes were issued on June 10, 2019.
An in-line ICICI Bank result for the quarter ended March 31, 2024, has led to analysts raising target price and earnings per share (EPS) forecast on the stock. ICICI Bank, they said, appeared least vulnerable to regulatory action on its digital offerings or for risk monitoring lapses.
'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.
The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.
'This is necessary for protecting the Hindu religion'
OceanGate was meant to explore the wreck of the sunken Titanic, in the Atlantic Ocean off Newfoundland, Canada.
In moving scenes at the spot, women were seen wailing, possibly over the loss of a dear one, while a child recalled the tense moments before fleeing to safety.
While Air India Express is expected to get the full insured amount for the hull loss, it will have to pay compensation to the kin of the deceased and injured, according to applicable laws. The compensation will be paid from its liability cover.
The Tejas Express between Ahmedabad and Mumbai Central will run six days a week except on Thursday. The train will halt at Nadiad, Vadodara, Bharuch, Surat, Vapi and Borivali stations in both directions. The train will have AC Chair Car Executive Class and AC Chair Car coaches. Meals will be served to passengers by on-board service staff.
At least 10 persons were 'reported dead' in a fire that broke out inside a stationary train compartment in Madurai railway station in the wee hours of Saturday, the Southern Railway said, adding a 'gas cylinder illegally' taken in led to the blaze.
The Supreme Court on Monday directed Uber to apply for a licence within three weeks to operate in Maharashtra, stressing that cab aggregators cannot function without one. A bench led by Chief Justice of India (CJI) D Y Chandrachud said that an earlier interim order by the Supreme Court that had allowed Uber to operate in the state would not provide legal cover, since an aggregator cannot operate without a licence. It ordered Uber to apply for a licence by March 6, said a report by Bar and Bench.
The driver of the Uttarbanga Express was alerted by the station master that a train was already there on the tracks but he violated the red signal, Rehmat Ali, the signal in-charge of the Sainthia station where the deadly collision took place said on Tuesday.
The motorman of the Gyaneswari Express filed a complaint with the Jhargram GRP on Saturday against "unidentified miscreants" for the railway disaster in West Midnapore district.
Measures include frisking of all passengers and manual checking of their luggage.
The Central Bureau of Investigation arrested a leader of Maoists-backed the People's Committee against Police Atrocities on Saturday for alleged involvement in derailment of Gyaneswari Express that left 148 people dead in West Midnapore district, the fourth arrest in the case.
The railways run the train on Sundays from Delhi to Attari and back, while Pakistan used to run the train between Lahore and Attari. Passengers used to change trains at the Attari station.
In the second arrest in as many days in the Samjhauta Express blast case, Dhan Singh, a prime suspect, was on Monday arrested by the National Investigation Agency from Madhya Pradesh. The arrest came even as the NIA told a Panchkula court that Rajender Chaudhary alias Pehalwan, who allegedly planted a bomb in the Pakistan-bound Samjhauta Express in 2007, played a key role in the entire operation.
Suspended Janata Dal-United Member of Legislative Assembly Sarfaraz Alam was on Sunday arrested for allegedly misbehaving and abusing a Delhi-based couple on board Rajdhani Express.
The claim by Maharashtra's Anti-Terrorism Squad about presence of RDX in the 2007 Samjhauta train blast has flummoxed investigators, who probed the attack, as forensic analysis had shown no signs of the deadly explosive being used in the terror strike that left 68 people dead.
The Government today said it has not directed public sector banks to cut exposure in real estate following the housing-finance bribery scam. "No why should we say this," Financial Services Secretary R Gopalan told reporters when asked if the government has given such directions to the state-run banks.
The 1.4 million non-resident Indian community in the UAE, which includes 200,000 Mangaloreans are expected to benefit from the new service, which was launched on Tuesday. \n
Three railway employees - the driver, assistant driver of a light engine and the assistant stationmaster of Gamariah station - have been suspended in connection with the accident.
5,012 rounds of ammunition were found stashed in five abandoned suitcases in the AS-8 coach of the Dibrugarh-Delhi Rajdhani Express.
A team of Central Bureau of Investigation officials and the Rajasthan Anti-Terrorism Squad is camping in western Madhya Pradesh in connection with the Samjhauta Express and Ajmer Dargah bomb blasts that took place couple of years ago and has questioned 10 people so far.
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