Latest News, Updates & Breaking Headlines
Reliance Industries extended its gaining run on Wednesday, with the stock rising nearly 2% and pushing the company’s market valuation above Rs 21 lakh crore. The benchmark heavyweight closed at Rs 1,569.75 on the BSE after touching an intraday 52-week high of Rs 1,571.80. According to PTI, the stock gained 1.99% on the exchange and…
For a country that once launched a revolution over the price of tea, America gets remarkably sentimental about the cost of turkey. Every November, economists, politicians and supermarket executives gather around a metaphorical table to debate the national poultry index, as if the fate of the republic depends on whether a 16-pound bird costs twenty…
Sebi has opened the door for more professionals to enter the advisory space by allowing graduates from any discipline to register as investment advisers (IAs) and research analysts (RAs), widening the talent pool for the two regulated categories. The regulator made the changes through separate notifications issued on Tuesday.The move replaces the earlier requirement that…
The Union Cabinet on Wednesday approved two new corridors under Phase-2 of the Pune Metro Rail Project, setting up a major expansion of the city’s public transport network and widening access across key residential and commercial clusters. The clearance follows earlier sanctions for Line 2A and Line 2B in the same phase.The decision covers Line…
File photo (Picture credit: ANI) Union minister Ashwini Vaishnaw announced on Wednesday that the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved two key railway multitracking projects worth around Rs 2,781 crore. The decision will add nearly 224 kilometres to the existing Indian Railways network across four districts in Maharashtra…
The Unique Identification Authority of India (UIDAI) has deactivated more than 2 crore Aadhaar numbers belonging to deceased individuals as part of a nationwide database clean-up, according to a government release.UIDAI has sourced verified death data from multiple government channels, including the Registrar General of India (RGI), state and UT administrations, the Public Distribution System,…
Mumbai is set for one of its biggest transport upgrades yet, with the Maharashtra government approving the detailed project report and implementation plan for Phase I of the Uttan–Virar Sea Link — a development that will anchor a larger 120-km high-speed coastal corridor. The Mumbai Metropolitan Region Development Authority (MMRDA) said on X that the…
MUMBAI: India’s economic momentum is shifting toward its lower-income or emerging states, which are beginning to accelerate and narrow the gap with their richer peers. This trend of growth convergence marks a departure from the pre-pandemic years between FY13 and FY19, when richer states consistently expanded faster, an HSBC report said. The convergence, which is…
Gold and silver prices rose in the futures trade on Wednesday, tracking firm global cues, as weak US economic data strengthened expectations of an interest rate cut by the Federal Reserve next month.On the Multi Commodity Exchange (MCX), gold futures for December delivery jumped by Rs 475, or 0.38 per cent, to Rs 1,25,700 per…
NEW DELHI: The supply-demand and price appreciation for luxury housing in India’s top seven cities has continued to outpace the same for affordable segment, according to property consultant ANAROCK. Luxury homes (costing over Rs 1.5 crore) in Delhi NCR, Mumbai MMR, Kolkata, Pune, Hyderabad and Chennai have risen 40% since 2022, while affordable housing is…
