The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.
From the Sensex pack, HCL Tech, Infosys, Tech Mahindra, Reliance Industries, Bajaj Finserv, ICICI Bank, Tata Motors and Eternal were the lead gainers. Power Grid, Adani Ports, IndusInd Bank, Nestle, HDFC Bank and Hindustan Unilever were among the laggards.
Uddhav and Raj Thackeray, estranged cousins and leaders of Shiv Sena (UBT) and MNS respectively, will share a public stage after two decades to celebrate the Maharashtra government's decision to roll back the three-language policy in primary schools.
Jamie Overton returns to the Test line-up for the first time since earning his sole cap against New Zealand at Headingley in June 2022.
Police detained MNS leader Avinash Jadhav ahead of a rally planned in Thane to counter a protest staged by traders against the slapping of a food stall owner for not speaking in Marathi.
Experts say the state's economy is grappling with hidden debt, rising welfare costs, and lack of transparency.
Novak Djokovic was given an early scare but continued his bid for a record-equalling eighth Wimbledon trophy and standalone 25th Grand Slam title by beating Italian Flavio Cobolli.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Shreyas Iyer is enjoying a golden run as captain, leading the Sobo Mumbai Falcons into the semi-finals of the Sobo Mumbai Falcons into the semi-finals League 2025.
England fast bowling great James Anderson enjoyed his battles against Indian stalwarts Sachin Tendulkar and Virat Kohli over the course of his 21-year long career but he found bowling to the latter a tad tougher.
Whether in cricket or business, Kohli continues to play the long game.
A late solo strike by Norway forward Caroline Graham Hansen secured a 2-1 victory against Finland in the Women's European Championship on Sunday, as the twice champions qualified for the quarter-finals.
The news that Amazon India has launched diagnostic services in select metro cities in partnership with the unlisted Orange Health Labs has led to a look at the competitive intensity in healthcare services. Listed companies in the space such as Dr Lal Path Labs, Metropolis Health, Thyrocare, Vijaya, and Krsnaa have all seen double-digit stock price corrections over the last 6-9 months.
While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.
It was a stunning defeat for India, who were dismantled by eight wickets in seamer-friendly conditions in the opening match at Bengaluru, as they suffered their first series loss on home soil since falling to England in 2012.
From the Sensex firms, Tata Motors, Titan, Eternal, Power Grid, Tata Steel, Larsen & Toubro, Mahindra & Mahindra and Hindustan Unilever were among the biggest laggards. Bajaj Finserv, Asian Paints and Tech Mahindra were the gainers.
Shaw has been out of reckoning from the red ball set-up for some time but has played white ball cricket. However, his off-field disciplinary issues have grabbed more air time than his on-field performances.
From the Sensex firms, Eternal climbed 3.32 per cent. Bharti Airtel, IndusInd Bank, Tech Mahindra, Reliance Industries, Tata Motors, HDFC Bank, Tata Steel and Hindustan Unilever were the other major gainers. However, Bajaj Finserv, Axis Bank, Tata Consultancy Services, Titan and Larsen & Toubro were among the laggards.
After completing her duties at the Cannes Film Festival, Alia Bhatt jetted off to Costa Brava in Spain to attend a wedding.
The 22-year-old German is Liverpool's most-expensive signing ever, ahead of captain Virgil van Dijk who joined for 75 million pounds in 2017.
Ruturaj Gaikwad will join Yorkshire for five matches of the County Championship's Division One as well as the One-Day Cup.
Gill earns glory with maiden double hundred, puts India on top in second Test
Maria crowned first Queen's Club women's champion in 52 years
'RIP Diogo. Condolences to his family and friends during this incredibly sad time,' former Liverpool captain Steven Gerrard posted.
NZ hand young talent contracts as big guns remain casual
Markets to track inflation data, global trends, FII trading this week: Analysts New Delhi, Dec 8 (PTI) Investors' sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global oil benchmark Brent crude will also be crucial in dictating terms in the market, experts added. "The domestic stock market is likely to be shaped by a mix of global cues, domestic economic indicators, and the flow of investments from foreign and domestic institutional investors. Key factors like the rupee's exchange rate and crude oil prices will play a critical role in determining market trends. "Globally, geopolitical tensions, particularly the ongoing Russia-Ukraine conflict, continue to pose challenges. However, recent declines in the dollar index and US bond yields have created a more favourable environment for emerging markets like India," Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, said. On the economic front, significant macroeconomic releases, including retail inflation and industrial production data from India as well as US core CPI, are expected to influence overall market sentiment, Gour added. Last week, the BSE benchmark jumped 1,906.33 points or 2.38 per cent, and the NSE Nifty climbed 546.7 points or 2.26 per cent. "FIIs turning buyers in early December, in a total reversal of their sustained selling strategy during the last two months, has altered the market sentiments. The change in FII (Foreign Institutional Investors) strategy is getting reflected in stock price movements, particularly in large-cap banking stocks in which FIIs have been sellers," VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. The release of US CPI inflation data will give some insights into the Fed's December meeting, an expert said. "The markets' attention is expected to turn towards macroeconomic indicators like IIP and CPI inflation. Additionally, the trend of FII inflows, following their recent buying spree, will remain a key focal point for market participants," Ajit Mishra - SVP, Research, Religare Broking Ltd, said. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said this week will see significant economic data releases, including GDP numbers from Japan and the UK, along with China's CPI and India's CPI.
Maharashtra Deputy CM Ajit Pawar on Monday admitted to 'mistakes' in distributing financial assistance to all women applicants of the Ladki Bahin scheme launched last year, which he said would be rectified through scrutiny to ensure only genuine beneficiaries receive the aid.
Shubman Gill was deemed Rohti's long-term successor and was crowned the new Test skipper.
Indian men's team ends Pro League campaign with 4-3 win against Belgium
The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.
Real Madrid laboured to a 1-1 Club World Cup draw against a spirited Al-Hilal in searing heat on Wednesday
In a game dominated by big-hitters, Harshal Patel quietly carved out a slice of IPL history - becoming the fastest bowler to claim 150 wickets
According to a situation report issued by the DGS, the oil containment measures have temporarily stabilised the situation, but full risk mitigation will happen only on successful commencement of saturation diving to extract the remaining trapped fuel oil from the vessel, MSC Elsa 3.
Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2025 after Game 55.
Former India batter Sanjay Manjrekar has stirred up fresh controversy with his latest IPL 2025 rankings, leaving fans fuming after snubbing two of the tournament's top run-scorers.
Heatwave may abate over most parts of North India in next two days; temperatures likely to drop by 2-3C.
The new menu, unveiled on Tuesday, includes beloved dishes such as egg biryani, pulav, dal payasam, soya dry curry, and nutri laddus.
Kubica won the race in his fifth attempt, his first three in the second tier LMP2 category, to become Poland's first overall winner since Le Mans was first staged in 1923.
Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.
Data since 2005 show that the five years with the highest rainfall saw average market returns of 8.98 per cent, while the five driest years returned 25.7 per cent on average.
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