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Indian real estate companies are rushing to raise around $3.3 billion through IPOs this year. This surge in public offerings comes as developers gain confidence in urban growth and housing demand, with more than half a dozen firms preparing to go public, as reported by Bloomberg.n comparison, the entire property sector, including developers and REITs,…
Shipments of Russian oil to China are projected at about 2.07 million barrels per day for February delivery. (AI image) Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record in February. China’s procurement of Russian crude…
India’s wholesale prices jumped 1.81 per cent in January 2024 compared to last year, marking the highest increase in 10 months. According to government data, revealed Monday, the figures exceeded economists’ predictions of 1.25 per cent and was driven by rising vegetable prices, basic metals, and manufacturing costs.The increase was notably higher than December’s 0.83…
Almost ten years after the RERA Act, 2016 attention is increasingly moving from developers to the functioning of the regulator itself. (AI image) The Real Estate Regulatory Authority or RERA is in focus again. Recently, the Supreme Court made blunt observations about the role of RERA and its importance. The apex court remarked that the…
India plans to unveil a new “rail tech” policy in the coming weeks to boost domestic manufacturing of next-generation railway technology and equipment. Under the proposed framework, the Railway Board is expected to offer partial funding, technical support, and access to testing facilities to manufacturers. The policy is part of the government’s rail modernisation drive…
There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…
IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…
Top stocks to buy (AI image) Stock market recommendations: Arvind, and Bajaj Finance are the top stock picks by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for the week starting February 16, 2026. He also shares his views and outlook on Nifty, Bank Nifty:Index View: NiftyLast week, the Nifty once again struggled…
Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…
BENGALURU: In a big-ticket bet, Blackstone is leading a $1.2 billion funding round in AI cloud platform Neysa, bolstering the company’s push to build large-scale AI infrastructure. Blackstone and its co-investors committed up to $600 million in equity, with the company planning to secure an additional $600 million in debt financing, subject to documentation. Other…
