Housing sales declined 5 per cent in the July-September quarter across the top eight cities due to a fall in new supply and sharp appreciation in prices, according to PropTiger. Real estate brokerage platform PropTiger.com, which is part of Australia's REA group that owns Housing.com, on Tuesday, released its report 'Real Insight' on India's residential market. A total of 96,544 units were sold in July-September, down 5 per cent from 1,01,221 units sold during the same period in 2023.
The Securities and Exchange Board of India (Sebi) on Monday proposed relaxations for asset management companies (AMCs) to serve pooled non-broad-based funds, giving an opportunity to fund houses to expand their business.
AI and machine learning remain the top focus areas, followed by software development (36 per cent) and cybersecurity (35 per cent).
By naming a sworn swayamsevak for vice president, the Modi-Shah duo have sent out a clear and positive message to Nagpur, where the RSS headquarters is located, explains N Sathiya Moorthy.
The Rs 6,560-crore initial public offer of Bajaj Housing Finance Ltd received 63.60 times subscription on September 11, the last day of bidding, amid overwhelming participation from institutional buyers. The initial share sale had a price band for the offer at Rs 66-70 per share.
Senior Congress leader Shashi Tharoor has criticised the Emergency declared by Prime Minister Indira Gandhi in 1975, saying the people of the country responded clearly to the excesses of that period by voting her party out of power by a large margin.
'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
The situation remained calm but tense in Manipur's Imphal Valley, where an indefinite curfew has been imposed and internet services suspended following violent protests after the discovery of the bodies of six persons, three women and children each, allegedly abducted and killed by militants in Jiribam.
'As we read and assess what is going on around us in the India of 2025, it is instructive to do this through the lens of 75 years ago and the events that led to the formation of the BJP as we know it,' recalls Aakar Patel.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
'We need to be very vigilant as we are passing through some fraught times.'
'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'
US President Donald Trump on Saturday (local time) said that the United States has launched an attack on three Nuclear sites in Iran.
The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.
Despite similar tax treatment, debt MFs enjoy certain advantages over FDs.
The census will be carried out with a reference date of October 1, 2026 in snow-bound areas like Ladakh and March 1, 2027 in the rest of the country, the notification said.
The principal of a college in Odisha was arrested after a student set herself ablaze following alleged sexual harassment. The incident has sparked protests and political tensions in the state.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
"Not only that, Pakistan is also the enemy of poor's bread and butter. What happened on April 22 in Pahalgam is an example of that. Pakistan attacked 'insaniyat' and Kashmiriyat in Pahalgam.
Amid the ongoing conflict with Iran, Israel's foreign ministry said on Thursday that Soroka Hospital in Beersheba in the southern part of Israel has suffered a direct hit in a missile attack.
The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.
'I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.'
Modi said the situation is rapidly changing and a new era of peace is setting in Naxal-affected areas.
The CBI has significantly increased the rate of fugitive repatriation, bringing back 134 individuals in the last five years, doubling the number from the previous decade. This success is attributed to enhanced diplomatic efforts, technological advancements, and improved coordination with Interpol.
The Union Cabinet, chaired by the Prime Minister Narendra Modi, on Friday approved the proposal of the Department of Rural Development for construction of two crore more houses under the Pradhan Mantri Awas Yojana - Gramin (PMAY-G). The Cabinet approved the 'Implementation of the Pradhan Mantri Awas Yojana-Gramin during FY 2024-25 to 2028-29,"which prescribes for the construction of two crore more houses at existing unit assistance of Rs 1.20 lakh in plain areas and Rs 1.30 lakh in North Eastern Region States and Hill States of Himachal Pradesh, Uttarakhand, Union Territories of Jammu & Kashmir and Ladakh, according to an official statement.
Two associations claiming to represent Bihar chess has startled the AICF.
'The protection of secrecy and anonymity gets lost with this linking.'
Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).
The two priority regions for the Chhattisgarh government to promote its homestay policy are Surguja and Bastar.
Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).
Pakistan's record on terrorism is "very clear" and the Pahalgam attack is only the recent example of cross-border terrorism, the ministry of external affairs said on Thursday.
Census exercise with caste enumeration will be carried out with the reference date of October 1, 2026, in snow-bound areas like Ladakh and of March 1, 2027, in the rest of the country, the Home Ministry announced on Wednesday.
Only a limited set of investors should invest directly in corporate bonds.
64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.
The Indian diaspora in London has been rallying around to coordinate fundraisers to support the UK-based family members of the Ahmedabad plane crash victims, including urgent assistance for two orphaned children.
Not long ago, the rat-hole miner was feted for his role in rescuing with his team 41 workers trapped in Uttarkashi's Silkyara tunnel in November last year.
Stunning landscapes, natural beauty, clean beaches, cultural wealth, mouth-watering food, shopping options, safety for solo travellers, warm hospitality, easy visas, and connectivity make Vietnam a must-visit destination, discovers Ramesh Menon.
'Opportunity is there in each segment of the market. There is opportunity in affordable and specifically governed by government initiatives as well as for housing for all.'
Will Russia's entry deter Trump on his warpath?, asks Ambassador M K Bhadrakumar.
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