NEW DELHI: The country’s housing market saw a 3.1% rise in demand during July-Sept over the previous quarter with buyers opting for smaller homes amid affordability challenges, said a new report.The share of 1 and 2 BHK units rose to 54% in the Sept quarter, reversing the declining trend seen over the last two years,…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Mahindra & Mahindra Ltd (M&M), and Bharat Forge:M&M – Buy in the range between Rs 3,465 & Rs 3,480; Stop Loss: Rs 3,330; Target: Rs…
NEW DELHI: Supreme Court on Monday decided to examine a plea challenging the constitutional validity of Securities Transaction Tax (STT) imposed on stock market participants and sought a response from the Centre on a petition filed by a trader who alleged it violated the principle of double taxation. STT was introduced 2004 and is currently…
Eli Lilly to inject $1 billion in new contract manufacturing facilities in India; to set up new manufacturing & quality hub in Hyderabad HYDERABAD: Eli Lilly and Company will be investing over $1 billion over the next few years in setting up new contract manufacturing facilities in India and will also set up a new…
AI image used for representative purposes Gold’s price has experienced a significant surge, rising over 50% annually and achieving a 30% CAGR over three years, according to MCX data. In India, the festive season traditionally sees high demand for gold, both for jewellery and investment purposes.While gold investments in any form require income tax payment…
India’s trade position risks losing ground in global markets without increased exports to China and reduced import duties on raw materials, warned the head of a government policy think tank on MondayNITI Aayog CEO BVR. Subrahmanyam emphasised that strengthening trade relations with China is crucial for enhancing India’s manufacturing exports, particularly as Asia emerges as…
A global competition for energy export dominance is unfolding between the US and China, with contrasting strategies- America focuses on fossil fuel exports, while China emphasises clean energy technology sales.China has emerged as the frontrunner in the race for now. Its clean technology exports, including electric vehicles, solar panels, and batteries, reached $20 billion in…
NEW DELHI: India’s oil demand will increase more than any other country, accounting for 12% of global energy market on the back of rapid economic growth through 2050, according to BP plc chief economist Spencer Dale.“When we look ahead, India is the fastest-growing energy market in the world… So when we think about what’s driving…
US President Donald Trump and Brazilian President Luiz Inácio Lula da Silva engaged in a 30-minute telephone discussion on Monday regarding the 40% US tariff on Brazilian imports. During their call, they exchanged contact information, and Lula extended an invitation to Trump for the upcoming climate summit in Belem, as reported by Associated Press.Following the…
AI image used for representative purposes NEW DELHI: Union Road Transport and Highways Minister Nitin Gadkari on Monday said that electric vehicle (EV) prices in India are expected to match the cost of petrol vehicles within four to six months, highlighting the economic and environmental pressures of India’s Rs 22 lakh crore annual fuel import…