77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.
After a technology upgrade, the Multi Commodity Exchange of India (MCX) appears poised for an improvement in volumes. The premier commodity and forex exchange reported a loss of Rs 19.1 crore in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). This was attributed to higher software charges payable under an extended service agreement with 63 moons technologies and a one-off cost towards core guaranteed funds (CGF).
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India on Friday made a strong pitch for a sovereign rating upgrade with Moody's and also questioned the parameters based on which the US-based agency accords ratings, sources said on Friday. Ahead of its annual review of the sovereign rating, Moody's Investors Service representatives met Indian government officials during which the officials highlighted the reforms and strong fundamentals of the Indian economy. A higher rating for India would mean the nation is less riskier, translating into lower interest rates on borrowings.
Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.
Say hello to corp-core, a fashion trend that's chic and easy to wear.
An hour-long disruption could affect around 40 million UPI transactions.
The West Bengal government has decided to upgrade the security cover of former Indian captain aSourav Ganguly to Z category
INS Vaghsheer is a silent predator on the prowl...
With an estimated cost of over Rs 500 crore, BCCI is planning a massive upgrade to the stadiums, ahead of the ODI World Cup in October-November in India.
Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.
Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent. The average room rate, or ARR, was up 13 per cent and occupancy improved 120 basis points (bps) Y-o-Y on a standalone business. Like-for-like revenue growth was 15 per cent Y-o-Y, while TajSats (airline catering) grew by 18 per cent Y-o-Y.
This year's calendar has images including night combat operations, enhanced anti-hijack operations.
'A crucial role in bolstering the Indian Army's firepower by enabling precise and long-range strikes.'
The Pakistan Cricket Board on Tuesday inaugurated the renovated National Stadium in Karachi, one of the three venues in the country that will host the Champions Trophy.
Prime Minister Narendra Modi on Wednesday urged all stakeholders to come together and invest in people for skill development, nurturing talent and promoting innovation which are essential for job creation and boosting the economy. Participating in post-Budget webinar on employment, Modi said the government has provided skill training to 3 crore youth since 2014 and decided to upgrade 1,000 ITIs and set up five centres of excellence.
Fitch Ratings on Monday said India's pace of debt reduction is gradual, leaving room for a downside risk to sovereign rating in the eventuality of a significant economic shock. However, the rating agency expressed confidence in India's ability to stick to its medium-term fiscal framework, which aims to reduce debt and bring it on a downward trajectory over time.
Morgan Stanley has upgraded China's equities amidst optimism about the country relaxing restrictions to slow down the spread of Covid-19. "Multiple positive developments alongside a clear path set towards reopening warrant an upgrade and index target increases for China," the brokerage said in a note. MSCI China's return on equity (ROE) is likely to rise from 9.4 per cent to 11.1 per cent by the end-2023.
Top executives from Siam and major carmakers recently met with Heavy Industries Secretary Kamran Rizvi to discuss the matter. Officials from NITI Aayog were also present.
Ola Founder Bhavish Aggarwal on Wednesday said electric scooter based on Gen 3 platform will be unveiled later this week. "Bringing the 'Next Level' with @OlaElectric Gen 3 scooters! We've significantly surpassed Gen 2 products in every way -- much higher performance, more features, great design! And a surprise to change the industry all over again," he stated on X.
The government will introduce a new Income Tax bill next week to take forward the "trust first, scrutinise later" concept, Finance Minister Nirmala Sitharaman said on Saturday. In another major reform move, the minister announced that the Foreign Direct Investment (FDI) in the insurance sector will be increased to 100 per cent from 74 per cent.
Priyanka Chopra took the world along on a stroll through memory lane as she shared pictures from her younger years on social media.
At a time when there is a growing number of edtech companies laying off employees in a bid to conserve cash and focus on profitability amid a funding winter, Ronnie Screwvala-led upGrad is expanding its facilities and hiring talent. The company plans to hire over 1400 team members between November 2022 and March 2023 in India and at offices outside the country. upGrad has also signed new leases in the past few months for 335,000 sq ft of space across four cities -- Mumbai, Bengaluru, Pune and Noida.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
The government has upgraded the security cover of billionaire industrialist Mukesh Ambani to the top category of 'Z+' after a review of perceived threat perception to him by central intelligence and security agencies, official sources said on Thursday.
India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.
South Korean consumer electronics major Samsung, which on Wednesday launched its latest smartphone Galaxy S25 in San Jose, US, will also be manufacturing it at its Noida plant in India, J B Park, president & CEO of Samsung Southwest Asia, said. Moreover, the Bengaluru-based R&D centre of Samsung, the biggest outside South Korea, has "contributed significantly" for developing the S25 series of Galaxy AI.
This programme will offer Xiaomi phone users up to 70 per cent of the value on their old device when they upgrade to newer Redmi or Mi smartphones.
'Many were caught in a burnout race, chasing unsustainable growth without innovating.'
'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'
The PCB is upgrading the facilities at all three venues in the country as Pakistan prepares to host an ICC tournament for the first time since 1996, when they co-hosted the ODI World Cup.
India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.
Air India has been a subject of its passengers' ire this week as more than half of its flights have been delayed, primarily because of an old crew rostering system. Due to the existing system, the airline has not been able to handle the disruption created by cyclone 'Biparjoy' on India's western coast. The sudden grounding of two planes also added to the carrier's woes.
With Team India looking unstoppable, World Cup-winning former India pacer S Sreesanth says no team can prevent it from winning the Champions Trophy final on Sunday.
France claimed their seventh Six Nations trophy in a record-strewn 35-16 victory Scotland on Saturday, shaking off their beautiful runners-up tag on a crisp evening at the Stade de France.
IT services firm Wipro's revenue is likely to increase by about 4.5 per cent in FY26, mainly driven by favourable sectoral trends and recovery in discretionary customer spending, according to global rating agency Fitch.
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Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
'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.'
Ridhi Dogra's personal style is all about boho vibes.
