Dubai real estate firms are targeting Indian investors during the festive period, offering special Diwali promotions and property exhibitions to attract buyers from primary and secondary cities, as property values in Indian metropolitan areas continue to surge.“Over the last few years, property prices in India have increased significantly, especially for new launches in metro cities…
AI image used for representative purposes US stock markets began the trading day on a positive note this Monday, extending the previous week’s upward momentum. The rally was primarily driven by AMD’s artificial intelligence partnership with OpenAI, which helped overshadow worries about an extended US government shutdown.At market opening, the Dow Jones Industrial Average edged…
Lenskart, Wakefit get Sebi nod for IPOs Lenskart Solutions Ltd and five other companies, including Wakefit Innovations Ltd, have received Sebi’s approval for their initial public offerings (IPOs), according to a recent market regulator update.The regulatory approval was granted to Tenneco Clean Air India, Waterways Leisure Tourism (Cordelia Cruises operator), Shree Ram Twistex, and Lamtuf…
Bearish bets by overseas investors on Nifty futures surged to record levels last week, signifying their sustained equity sell-off amid weak sentiment triggered by US tariff actions on India.Data from the National Stock Exchange (NSE) shows that as of Friday, the bullish bets of foreign fund managers on Nifty index futures stood just above the…
India’s digital payments ecosystem is set for a major security overhaul as the Reserve Bank of India (RBI) introduces new authentication guidelines, effective April 2026. The new framework will require banks to adopt a risk-based model for verifying transactions — a move aimed at strengthening fraud prevention while keeping the payment experience smooth for users.Under…
Russia remained the main supplier, delivering about 1.6 million bpd, constituting 34 per cent of total imports. (AI image) Donald Trump-led US government may be pressurising India to curb its crude oil trade with Russia, but Russian oil continues to form the biggest share in India’s crude import basket.India’s imports of Russian crude oil showed…
October is shaping up to be one of the busiest festive months of 2025, with major celebrations such as Diwali and Chhath Puja lined up across India. As a result, banks will remain closed on several days this month, as per the Reserve Bank of India (RBI) holiday calendar.According to the RBI calendar, several public…
BENGALURU: India’s IT services sector is unlikely to post strong results for the September 2025 quarter. While Q2 is typically the best-performing quarter, Investec expects divergent results across companies as macroeconomic uncertainty, tariff risks, and client caution continue to affect discretionary spending. Both brokerages – Kotak Institutional Equities and Motilal Oswal Financial Services – expect…
MUMBAI: After briefly catching up with credit growth, bank deposit growth has again begun to lag advances. Early business updates from banks for the September quarter show a mixed trend, with some lenders-such as HDFC Bank-deliberately slowing credit expansion to maintain balance sheet stability. According to RBI data, deposits of scheduled commercial banks grew 10.4%…
MUMBAI: From smartphones priced over Rs 20,000 to large TV sets, washing machines, premium furniture and AI appliances, Indians splurged on big-ticket purchases and upgrades this Navratri-Dussehra season, keeping up with the premiumisation trend that has been defining festive shopping for quite some time now. Savings made from GST reductions have only allowed more people…