The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.
The government on Friday scrapped a minimum price threshold that it had set previously for exports of onion as it looked to pass on the benefit of international glut to Indian farmers. The government had previously fixed a $550 per tonne as the minimum export price (MEP), which essentially meant farmers could not sell their produce overseas at lower than this rate.
A bench of the NGT, headed by its chairperson Justice Adarsh Kumar Goel, directed that the order will also apply to all cities and towns in the country where the average of ambient air quality during November (as per available data of last year) falls under 'poor' or worse category.
After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping up its infrastructure in around 12 cities where it will launch the service in the next six to eight weeks, taking on existing players such as Blinkit, Zepto, Instamart, and BigBasket, among others. According to data analysed from Sensor Tower by BofA Global Research, the daily active user (DAU) base of Blinkit has grown by 58 per cent between February 2023 and February 2024.
Around 200 schools in Delhi-NCR on Wednesday morning received a hoax bomb threat via email which led to widespread panic among parents and students, prompting authorities to suspend classes and ask parents to pick their wards from the school.
Average housing prices have increased in the range of 13-33 per cent in the last three years across seven major cities on high demand, according to real estate consultant Anarock. Hyderabad's Gachibowli recorded the highest 33 per cent increase in average residential prices in the past three years. In Gachibowli, the average residential prices as of October 2023-end stood at Rs 6,355 per square feet as against Rs 4,790 per square feet in October 2020.
The meteorological department has forecast more rains through the day and relative humidity at 100 per cent in Delhi.
550 live cartridges, an INSAS assault rifle, two other rifles and three self-loading rifle magazines were seized along with a huge quantity of explosives and detonators.
One of the private eye care hospitals in Delhi has reported 1,032 cases of conjunctivitis in Delhi-NCR and 1,521 cases pan India.
Property prices will come down once there is a steady supply in the Delhi market, which could happen in the next three to four years.
Polling in 25 Lok Sabha seats in Gujarat will be held on May 7.
Security agencies searched over 100 hospitals and malls in the national capital after they received bomb threat emails on Tuesday. However, it turned out to be a hoax as nothing suspicious was found, officials said.
With Delhi recording air pollution levels seven to eight times above safe standards on Monday, the city government announced the return of its flagship odd-even scheme after four years anticipating further deterioration of air quality post-Diwali.
The poisonous haze has been causing significant problems for people with existing respiratory issues, according to doctors.
Experts attribute this to economy slowdown and political uncertainty with the general elections round the corner.
'Not sorry to any politician. Ever. No one. Any party. FIR kar lo (register an FIR). Case kar lo (register a case). Koi farak nahi padta (it doesn't make any difference) - I am not a pushover - won't be bullied. Don't make an issue where there is none. It might be an election year - but people are smart. Indori people - super smart. I'll come to Indore when I wish, as many times I wish - and am confident of Indori mehmaan nawazi (good hospitality)'
In a statement, the department of consumer affairs said about 18,000 kg of tomatoes were sold across Delhi-NCR to retail consumers.
Experts say you should be certain of living in a city and locality for a long time before purchasing a home.
Justice Subramonium Prasad said though police have filed a status report listing the standard operating procedure for bomb detection and disposal squads and the guidelines to deal with bomb threats in schools, they have not submitted data on several key aspects.
Twenty coaches of the Ahmedabad-bound Sabarmati Express passenger train derailed near Govindpuri station in Kanpur early Saturday after the engine hit an 'object placed on the track'.
Air quality in Delhi and its suburbs dropped to the severe category again on Wednesday morning, with smoke from post-harvest paddy straw burning in neighbouring states accounting for one-third of the air pollution in the national capital.
Indian real estate market remained buoyant in January-June this year, with housing sales hitting an 11-year high at 1.73 lakh units and office demand at a record 34.7 million square feet across eight major cities, according to Knight Frank. On an annual basis, housing sales rose 11 per cent to 173,241 units while leasing of office space grew 33 per cent to 34.7 million square feet during January-June this year across eight major cities. Shishir Baijal, chairman and managing director, Knight Frank India, said, "India's real estate market has been buoyant in the last few quarters owing to the strong economic fundamentals and stable socio-political conditions."
The National Basketball Association (NBA) has planned to launch NBA AcademyIndia, an elite basketball training centre in the National Capital Region (NCR), next April for the top men and women prospects from across the country.
The city's Air Quality Index (AQI) stood at 420 at 8 am on Thursday, compared to 426 at 4 pm on Wednesday. The AQI map prepared by the Central Pollution Control Board showed clusters of red dots (indicating hazardous air quality) spread across the Indo-Gangetic plains.
Having been a pillar of support for Afghanistan cricket for close to a decade now, the BCCI is set to extend infrastructure and exposure-related assistance to Nepal's talented players with the aim to maintain a robust cricketing eco-system in the South Asian region.
In line with most of the exit poll predictions, bookies in Delhi feel the ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) will get more than 340 seats in the Lok Sabha polls while the Indian National Developmental Inclusive Alliance (INDIA) may secure around 200 seats.
As a consequence of prominence given to the brutality during those few days, a very important aspect of that episode got almost glossed over. This was the intervention by a very significant section of people who restored faith in humanity, and conveyed the message that only a small section of Indians, that too politically backed, were consumed by anti-Sikh majoritarianism. The overlooked facet of the events of 1984 was the story of significant sections of the city's populace, public figures and nondescript ones, stepping out hand-in-hand, to first stand with little but bravery in hands, in the way of attackers, and thereafter to provide immediate relief to those who lives were uprooted and who lost family members in the violence, recalls Nilanjan Mukhopadhyay.
News broadcaster NDTV Ltd on Friday reported a 59 per cent jump in March quarter revenue as it expanded digital footprint, gaining a 39 per cent rise in traffic. Consolidated net loss of Rs 8.74 crore in January-March compared with loss of Rs 1.35 crore profit in the same period a year back, according to a stock exchange filing by the company. Loss, however, narrowed from Rs 10.13 crore in the December quarter as its digital footprint expanded and gained traction.
The threshold for a heat wave is met when the maximum temperature of a weather station reaches at least 40 degrees Celsius in the plains, 37 degrees in coastal areas, and 30 degrees in hilly regions, and the departure from normal is at least 4.5 notches.
'There has been a huge shift. Consumer needs and requirements have changed, and differ from city to city.'
From the function at the Esplanade metro station, the PM also inaugurated the Kavi Subhash-Hemanta Mukhopadhyay section of the New Garia-Aiport line and the Taratala-Majerhat section of the Joka-Esplanade line of the Kolkata Metro, the country's oldest metro network.
In the NCR region, a significant number of residential projects in areas such as Noida have been delayed because of disputes with regards to land acquisition.
The Delhi government's odd-even car rationing scheme to curb air pollution on Tuesday came under scrutiny by the Supreme Court which questioned its effectiveness and termed it "all optics".
There's a hint of new competition riding into a sector that has attracted attention for being in a duopoly-like situation. Rapido, a commute app known for its budget-friendly bike-taxi services, on Tuesday announced its entry into the cab market, which is currently dominated by marquee brands Uber and Ola. Rapido's cab foray will be enabled by a software as a service (SaaS)-based platform.
The price of cooking gas piped to household kitchens in the national capital and adjoining cities was hiked by Rs 2.63 per unit on Friday, the second increase in rates in less than two weeks. Piped cooking gas in Delhi will now cost Rs 50.59 per standard cubic meter, as against Rs 47.96 previously, according to Indraprastha Gas Ltd - the firm that retails CNG to automobiles and piped cooking gas to households in the national capital and adjoining towns. The increase is to "partially offset the increase in input gas cost," IGL said in a tweet.
With Atishi at the helm it will not be easy for the BJP to continue using the LG's office and the bureaucracy as political instruments to hinder governance and thereby provoke the electorate's ire against the AAP, expects Nilanjan Mukhopadhyay.
Under the plan, customers can enjoy unlimited STD calls to anywhere in India to any mobile or landline number for 30 days at a tariff of 75 paise per minute by recharging with a Rs 47 pack, Airtel said.
