Latest News, Updates & Breaking Headlines
Unsold housing inventory across India’s top seven cities increased by 4 per cent last year, as the supply of new homes continued to exceed buyer demand, according to data released by real estate consultant Anarock.The total number of unsold residential units in the primary market stood at 5,76,617 at the end of 2025, compared with…
Jeff Bezos, Amazon’s founder and one of the world’s richest people, is returning to an executive role as co-CEO of the AI startup Project Prometheus. This marks his first formal operational position since stepping down from Amazon in 2021 and signals his renewed focus on cutting-edge technology beyond his space venture, Blue Origin. Project Prometheus…
Sales growth in India’s fast-moving consumer goods (FMCG) sector eased in the September quarter, with volume growth slipping to 5.4 per cent due to disruptions linked to GST rate changes, even as value growth rose to 12.9 per cent, according to data from NielsenIQ. The report said rural markets continued to expand faster than urban…
India’s goods and services tax (GST) revenues rose 9.1% year-on-year to Rs 1.89 lakh crore in September, Reuters reported citing government data.In August, Gross GST collections had stood at Rs 1.86 lakh crore, reflecting a 6.5% rise from Rs 1.75 lakh crore in the same month last year. Net collections for August were Rs 1.67…
Public sector banks (PSBs) have registered their strongest advance growth since 2010, surpassing private lenders for the first time in over a decade. According to a Systematix Group report cited by news agency ANI, PSBs reported 12.2% year-on-year growth in advances in FY25, compared to 9.5% by private sector banks (PVBs).The report noted that PSBs…
Russian President Vladimir Putin stressed the need for Russia’s economic growth to outpace global rates during a conference addressing financial matters.At the conference, Putin highlighted how the country’s fiscal stability and execution of initiatives and schemes are directly linked to its economic performance. “It is obvious that the stability of public finances, the implementation of…
