Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. This resurgence is primarily driven by strong demand for high-yield bonds from international investors amid improving liquidity conditions and reduced hedging costs. Indian companies raised ~32,619 crore through overseas bonds in the first half of 2024, surpassing the total amount raised via such instruments in the entire 2023, which stood at ~31,218 crore, according to PRIME Database. In comparison, ~45,237 crore was raised in 2022 and ~1.05 trillion was secured in 2021.
The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
'Not even in my wildest dreams did I think I would write a book one day.'
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 suspension of 49 Lok Sabha MPs came a day after, a total of 78 -- 33 from the Lower House and 45 from the Upper House -- lawmakers were suspended from Parliament for disrupting proceedings.
While 30 of them were suspended for the remainder of the Winter Session, three were suspended pending the report of the Privileges Committee.
Going by this Budget's estimate of government spending of Rs 48.2 trillion, the government has allocated a significantly lower percentage to defence -- 12.9 per cent.
The housing inventory overhang in the top seven cities in India stood at a five-year low of 20 months at the end of the January-March quarter, data from real estate consultancy Anarock showed on Monday. It was the highest at 55 months in the quarter ending December 2020. The inventory overhang is the amount of time it would take to sell the current housing listings in an area. A lower overhang denotes higher demand in a particular area.
The Lok Sabha was adjourned twice in the post-lunch period on Thursday as a war of words broke out between the treasury and opposition benches, triggered by Congress MP Charanjit Singh Channi's spat with the Bharatiya Janata Party's Ravneet Singh Bittu.
The Aam Aadmi Party's MP and lone Lok Sabha member Sushil Kumar Rinku joined the Bharatiya Janata Party on Wednesday along with party MLA Sheetal Angural, dealing a blow to the party already facing a crisis following the arrest of its leader and Delhi Chief Minister Arvind Kejriwal.
'This segment has performed very well for us and this is reflected in our bounce rate which is about three to four per cent.'
Union Home Minister Amit Shah held discussions for seat sharing in Maharashtra for the upcoming Lok Sabha elections with coalition partners Shiv Sena chief Eknath Shinde and Nationalist Congress Party president Ajit Pawar.
'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'
Households are likely to remain the primary net lenders to the economy in the coming decades.
The petitioner husband, who was stated to have abandoned his wife and children and was living with another woman, was ordered by the trial court to pay Rs 30,000 per month as maintenance to his wife, along with Rs 5 lakh towards the "injuries" sustained by her, including mental torture, depression and emotional distress.
Trinamool Congress (TMC) leader Mahua Moitra has moved the Supreme Court against her expulsion from the Lok Sabha over 'Cash-for-Query' allegations.
Janata Dal-United MP Giridhari Yadav on Friday said he does not upload questions on the Lok Sabha's website himself as he does not know how to operate a computer, as the Lower House decided to expel Trinamool Congress (TMC) member Mahua Moitra over the allegation that she shared her log-in credentials with outsiders and took a bribe for asking questions.
The major advantages of such plants are no need of land to build the reactors, earthquake resistant, abundance of water for active or passive cooling.
The impending expulsion of Trinamool Congress (TMC) member Mahua Moitra from the Lok Sabha, three bills to replace criminal laws and a proposed law for the appointment of election commissioners are issues set to dominate the Winter Session of Parliament, with the government urging the Opposition to ensure a conducive environment for discussions in the House.
Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.
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Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.
Some explicit video clips allegedly involving Prajwal had started making the rounds in Hassan in recent days.
rediffGURU Anil Rego answers readers' personal income tax queries.
After some enforced slowdown in offtake during April-May 2024 due to elections, the cement sector is looking at a possible demand rebound which may help it to push up prices. The April'24 offtake was muted while May'24 saw some improvement with a likely 5-6 per cent rise in demand month-on-month (MoM). In June, some price hikes seem to have been taken, which suggests more sustained improvement in demand.
'If you see another 1000-point correction, people may start panicking.'
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
'Expunging remarks is within the powers of the Speaker.' 'Nobody can question or challenge the Speaker's decision.'
'People don't know about the immense pressures that come with this position -- every decision a judge takes affects real people and their lives.' 'This is not a job that one can take lightly.' A
Largecap, flexicap, and balanced advantage funds together recorded a net inflow of Rs 9,363 crore in August, representing a 70% increase from the previous month's total.
Lok Sabha Speaker Om Birla urged MPs on Monday to follow the prescribed format while taking oath or affirmation and not add words as it lowered the dignity of the Constitution.
Haryana has done well in terms of economic growth over the last couple of decades. For it to continue to lead the growth ladder, the new government has to work hard on multiple dimensions, recommend Shishir Gupta and Rishita Sachdeva.
Lok Sabha proceedings were adjourned for the day on Thursday after passage of two bills amid continuous protests by opposition members over the violence in Manipur.
'Those betting against PSUs will likely be punished in this upswing.'
It also saw the suspension of 100 members in a span of four days for unruly conduct and a major security breach on the anniversary of the 2001 Parliament terror attack.
'The world is yet to watch him, show his prowess as a batter, but given the chance he will do a great job.'
Ola Electric share price strategy: The meteoric rise of Ola Electric share price has left analysts and investors bewildered. Yet, they suggest investors hold on to the stock as it remains a pure "momentum" play. Since its listing on August 9, the stock has surged 92 per cent (till August 19) over its issue price of Rs 76, taking its market capitalisation to a little over Rs 63,000 crore.
Lok Sabha Speaker Om Birla recognised Rahul Gandhi as the leader of opposition on Wednesday, a day after the Congress communicated its decision to name him for the position to the Lok Sabha Secretariat.