Realtors’ apex body CREDAI on Sunday expressed disappointment over the Union Budget 2026-27, saying it failed to offer any concrete measures to boost demand and supply in the affordable housing segment.The association, which represents around 15,000 real estate developers across the country, warned that the share of affordable housing in new home launches could shrink…
NEW DELHI: After its narrow body operations, IndiGo will now cut its Europe & UK flights mounted on wide body aircraft too. Copenhagen flights will be suspended till further notice from Feb 17. The airline says its twin aisle operations have “faced external operational constraints; continuously changing airspace constraints due to geo-political circumstances and congestion…
The government has planned to manufacture 260 rakes of Vande Bharat Sleeper trainsets as part of efforts to upgrade long-distance rail travel with advanced safety systems and passenger comfort features, according to Union minister Ashwini Vaishnaw in a written reply in the Lok Sabha.The programme will be executed in phases covering prototype development, testing, trials…
The Reserve Bank’s rate-setting panel began its two-day deliberations on Wednesday, with markets closely watching whether borrowing costs could fall further amid supportive macro conditions and improving sentiment.The six-member Monetary Policy Committee (MPC), headed by RBI Governor Sanjay Malhotra, started discussions on the next set of bi-monthly interest rates against the backdrop of a growth-focused…
Benchmark indices ended the day with modest gains, supported by stock-specific buying in select large-cap counters despite a largely sideways trading session. The Sensex closed at 83,817.69, up 78.55 points, while the Nifty50 settled at 25,776.00, gaining 48.45 points and remaining above the 25,750 mark.Trent and Eternal were among the top performers, rising around 5…
Gold futures traded higher on Wednesday as firm buying interest and strong investor participation lifted prices across multiple contracts on the Multi Commodity Exchange (MCX).As of 15:09 PM, MCX gold futures showed gains across expiries. The April 2, 2026 contract traded at Rs 1,59,000 per 10 grams, up Rs 5,191 or 3.37 per cent. The…
MUMBAI: Bajaj Finserv reported consolidated profit after tax of Rs 2,229 crore for the December quarter, flat compared with Rs 2,231 crore a year earlier, as higher provisions and one-time charges offset underlying growth across its businesses. Excluding these exceptional items, consolidated profit after tax rose 32% year-on-year to Rs 2,936 crore .Bajaj Finance, the…
Saudi Aramco Just Raised $4 Billion And Global Investors Are Rushing In Saudi Arabia’s oil giant, Saudi Aramco, has successfully completed a major $4 billion bond issuance, underscoring strong investor confidence in the company’s financial stability and its strategic capital management approach. The multi-tranche bond sale, a part of Aramco’s Global Medium Term Note Programme,…
India can save almost $3 billion just by stepping up its crude import game! A recent report by SBI stated that by replacing a portion of Russian supplies with Venezuelan heavy crude and updating its import strategy, India can get several cost advantages. The assessment notes that New Delhi could lock in notable savings by…
NEW DELHI: Union commerce and industry minister Piyush Goyal on Wednesday defended the India-US bilateral trade agreement in the Lok Sabha, saying India had “successfully safeguarded” its sensitive sectors, particularly agriculture and dairy, after nearly a year of negotiations between the two sides. “As the Members of the House are aware, since Prime Minister Narendra…
