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Indian real estate market set to reach $10 trillion by 2047: Report
Business

Indian real estate market set to reach $10 trillion by 2047: Report

Sydney, Sep 23: The real estate market is expected to play a pivotal role in the economic growth trajectory of India. It will potentially be a $10 trillion market by 2047, accounting for a 14-20 per cent share in the country’s GDP, according to a report on Monday. The interplay between real estate...
Investors prefer regular hefty returns, tax benefits post Covid: Report
Business

Investors prefer regular hefty returns, tax benefits post Covid: Report

New Delhi, Sep 23: Degree of returns, regularity of returns, and tax benefits are the significant factors influencing post-Covid investment decisions, according to a report on Monday. The report, jointly made by the PHD Research Bureau, PHD Chamber of Commerce and Industry, and Jagan Institute of...
Sensex trades at all time high, Bharti Airtel and SBI top gainers
Business

Sensex trades at all time high, Bharti Airtel and SBI top gainers

Mumbai, Sep 23: Indian frontline indices were trading at an all-time high on Monday as heavyweights like Bharti Airtel, SBI and M&M were top gainers in the BSE's Benchmark. In early trade, Sensex and Nifty made a new all-time high of 84,862 and 25,911 respectively. At 9.46 a.m., Sensex was 259...
FIIs infuse Rs 14,064 crore in Indian equity market this week, buying to continue
Business

FIIs infuse Rs 14,064 crore in Indian equity market this week, buying to...

Mumbai, Sep 21: The foreign institutional investors (FIIs) turned aggressive buyers this week with infusing Rs 14,064 crore in the cash market as Indian markets remained resilient amid robust economy performance, data showed on Saturday. Total FII investment till September 20 stood at Rs 33,699...
Oyo acquiring US hospitality chain with 1,500 motels for $525 million
Business

Oyo acquiring US hospitality chain with 1,500 motels for $525 million

New York, Sep 21: Boosting its international presence, Indian hospitality major Oyo’s parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the investment company Blackstone in a $525 million cash deal, the US firm said on...
Horticulture production in India pegged at 353.19 million tonnes in 2023-24: Centre
Business

Horticulture production in India pegged at 353.19 million tonnes in 2023-24:...

New Delhi, Sep 21: The horticulture production in the country is estimated to reach about 353.19 million tonnes in 28.98 million hectares area in 2023-24, the new government data showed on Saturday. The production of fruits, honey, flowers, plantation crops, spices and aromatics and medicinal plants...
Zoho CEO denies reports about investing in Odisha for Rs 3,034 crore chip plant
Business

Zoho CEO denies reports about investing in Odisha for Rs 3,034 crore chip plant

New Delhi, Sep 20: Cloud software major Zoho’s Co-founder and CEO, Sridhar Vembu, on Friday denied reports about investing in Odisha for a Rs 3,034 crore semiconductor plant. Earlier reports claimed that Silectric Semiconductor Manufacturing Pvt Ltd, formed by the directors of Zoho, plans to...
‘Make in India’ iPhone 16 hits market, thousands queue up to own new Apple devices
Business

‘Make in India’ iPhone 16 hits market, thousands queue up to own new Apple...

New Delhi/Mumbai, Sep 20: It was a 'wow moment' for thousands of Apple lovers in India on Friday as they started receiving ‘Make in India’ iPhone 16 at Apple BKC in Mumbai and Apple Saket in New Delhi and Apple along with at other Apple Authorised resellers stores amid long queues since early...
ADB approves $500 million loan to boost Indonesia
Business

ADB approves $500 million loan to boost Indonesia's energy transition

Manila, Sep 20: The Asian Development Bank (ADB) on Friday said it has approved a policy based loan of $500 million to accelerate Indonesia's transition towards sustainable and clean energy. The Affordable and Sustainable Energy Transition Program will support various policy measures for the country...
Yogi govt to purchase 120 e-buses for enhanced public transport in UP
Business

Yogi govt to purchase 120 e-buses for enhanced public transport in UP

New Delhi, Sep 19: The Government of Uttar Pradesh will purchase 120 electric buses which will operate across Lucknow, Aligarh, Moradabad, Ayodhya, and Gorakhpur. Under the directives of UP Chief Minister Yogi Adityanath, the process to add 120 electric buses in addition to 100 buses to the fleet of...
US Fed cuts interest rate by a half percentage point
Business

US Fed cuts interest rate by a half percentage point

Washington, Sep 19: The US central bank on Wednesday announced a large half percentage point cut in the interest rate, the first reduction in four years. It comes down from 5.35 per cent to between 4.75 per cent and 5 per cent. "Recent indicators suggest that economic activity has continued to...
India becomes 3rd global cross-border capital destination for land, development sites
Business

India becomes 3rd global cross-border capital destination for land, development...

Mumbai, Sep 19: India rose to third place in the list of global cross border capital destinations for land and development sites in the first half of 2024, a report showed on Thursday, adding that investments in Indian real estate sector will remain steady. With $3.5 billion of inflows in the...
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