India’s housing prices grew at a slower pace in the second quarter of the fiscal, with the All-India House Price Index (HPI) rising 2.2% year-on-year, sharply lower than the 7% recorded a year ago, according to Reserve Bank of India data released on Thursday.The index, compiled quarterly from transaction-level data provided by registration authorities, has…
The Department of Telecommunications (DoT) on Thursday withdrew a duplicate Gazette notification issued last month, clarifying that the amended Telecommunication Cyber Security (TCS) Rules, 2025 – notified on October 22 – remain fully in force.The clarification came after the same TCS amendment notification was inadvertently republished on October 29 in place of a different rule…
German chemical major Wacker Chemie on Thursday announced plans to cut 1,500 jobs, nearly a tenth of its global workforce, as the industry faces one of its toughest periods in decades. The company said most of the reductions will take place in Germany, with the process to be completed by the end of 2027, according…
NEW DELHI: India is gearing up for a big shift in its nuclear policy as the Centre is now planning to allow private companies into the nuclear energy sector, a space that has traditionally been tightly controlled by the government.“We’ll open up nuclear sector to private sector soon… This will strengthen opportunities in small modular…
The Income Tax department will begin sending SMS and email alerts from November 28 to about 25,000 individuals flagged as “high-risk” for not disclosing foreign assets in their income tax returns (ITRs) for Assessment Year 2025–26, PTI reported citing sources. The cases were shortlisted on the basis of data received from foreign jurisdictions under the…
Global investment banking giant JP Morgan has sharply raised its base-case Nifty50 target to 30,000 by end-2026, signalling a firm bullish stance on Indian equities.In its latest India Equity Strategy note, the firm said that India’s macroeconomic backdrop remains supportive, with fiscal and monetary policies “aligned to drive growth, sentiment, and earnings.” The report adds…
Deendayal Port Authority (DPA), Kandla has become the fastest major port in India to cross 100 million tonnes (MMT) of cargo in the ongoing financial year 2025–26, achieving the milestone significantly earlier than in previous years.The port recorded 6.78% year-on-year growth, underscoring sustained momentum in cargo movement, the Kandla Port Authority said.According to DPA Chairman…
Financial services firm Equirus Group on Thursday announced the appointment of Manishkumar Jain as the chief executive officer of Equirus Finance, its newly launched non-deposit-taking NBFC, days after receiving approval from the Reserve Bank of India (RBI).Jain will lead the NBFC’s expansion and build a diversified lending franchise focused on high net-worth individuals (HNIs), family…
Nifty & Sensex at record high! Experts are of the view that the stock market rally is driven by multiple factors. (AI image) Nifty50 and BSE Sensex, the Indian equity benchmarks, are finally rallying – and how! Both the 50-shares and 30-shares indices hit new lifetime highs on Thursday on the back of a strong…
China Taiping Insurance Holdings Co. shares fell sharply on Thursday amid concerns over its exposure to a Hong Kong construction project linked to a devastating high-rise fire that has killed at least 44 people and left hundreds missing.The stock slid as much as 8.1% in early trading before trimming losses to about 2% by late…
