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Affordable housing, once considered a sunrise segment of the real estate sector following the Union Government’s promise of “Housing for All” in 2015 and subsequent subsidies under the Prime Minister Awas Yojana has witnessed one of the starkest declines in demand and supply over the past three years mainly in India’s urban areas. According to…
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Gold price tumbled by ₹650 to ₹57,550 per 10 grams in the national capital on Tuesday amid weak global cues, according to HDFC Securities. In the previous trade, the precious metal had ended at ₹58,200 per 10 grams. Silver also nosedived ₹1,800 to ₹71,500 per kilogramme. Gold and silver prices slipped on Comex in the…
The rupee depreciated 15 paise to close at 83.21 (provisional) against the U.S. dollar on Tuesday (October 3), as a strong U.S. dollar and weak domestic equities dented investor sentiments. Forex traders said muted domestic macroeconomic data and sustained FII outflows also mounted downside pressure on rupee. At the interbank foreign exchange market, the local…
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Equity benchmark indices Sensex and Nifty declined on Tuesday amid unabated foreign fund outflows and sluggish Asian market cues. Fall in index majors HDFC Bank and Reliance Industries also dragged the benchmark indices lower. The 30-share BSE Sensex declined 316.31 points or 0.48% to settle at 65,512.10. During the day, it fell 483.82 points or…
Read More “Markets fall on unabated foreign fund outflows; HDFC Bank, Reliance also drag” »
Razorpay Magic Checkout simplifies the final checkout process of online shopping New Delhi: When visiting an e-commerce website or an online store, a customer expects a hassle-free process to view, choose, add items to the cart and finally complete the checkout process to place the order. As the last step in the purchase journey, checkout…
Read More “How Razorpay Magic Checkout Helped Shark Tank India Brands Boost Business” »
File image of World Bank logo used for representational purpose only. | Photo Credit: Reuters The Indian economy is projected to grow at 6.3% in the current financial year aided by investment and domestic demand. According to a World Bank report released on Tuesday (October 3), India continues to show resilience against the backdrop of…
Read More “Indian economy to grow at 6.3% in FY24: World Bank” »
The World Bank maintained its growth forecast for India at 6.3%. NEW DELHI: The World Bank on Tuesday maintained its forecast for India’s economic growth for the current fiscal year that started on April 1, saying the Indian economy continued to grow rapidly despite challenging external conditions. The World Bank maintained its growth forecast for…
Read More “World Bank Maintains India Current Fiscal Year Growth Forecast At 6.3%” »
Image for representation purpose only. | Photo Credit: Reuters India’s manufacturing sector activity moderated to a five-month low in September with new orders slowing down, as per the seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI), which eased to 57.5 from 58.6 in August. A reading of 50 on the survey-based index reflects…
Read More “India’s manufacturing hit five-month low in September: S&P Global PMI” »
Equity benchmark indices declined in early trade on Tuesday amid unabated foreign fund outflows and sluggish Asian market cues. Fall in index majors Reliance Industries and HDFC Bank also dragged the benchmark indices lower. The 30-share BSE Sensex fell 347.09 points to 65,481.32. The Nifty declined 117.3 points to 19,521. Among the Sensex firms, Maruti,…
Read More “Markets fall in early trade on unabated foreign fund outflows” »
Rug pull is a major problem in the cryptocurrency industry. Scamsters have defrauded thousands of people of an estimated Rs 200 crore across Himachal Pradesh by promising high returns in a short period through investment in crypto assets. The gang, whose kingpin is yet to be arrested, used a Ponzi scheme method to lure people…
