BUSINESS
India's Home Sales Reach Record High of 3.03 Lakh Units in 2024, Up 11%: JLL
On the back of all-time high sales in 2024, average annual sales in the post-pandemic years, (2022-2024), have crossed average annual sales in the last decade (2010-2019) by nearly 63 per cent.
India Ranks 2nd in Emerging Tech Skills for 'Future of Work': QS Index
India ranks 27th in the first-ever QS Skills Index. The country also made major gains in three important categories - 37th in skills fit, 26th in academic readiness, and 40th in economic transformation.
World Bank Projects India's Economy to Grow at 6.7% Over the Next Two Fiscal Years
South Asian growth is to increase to 6.2 per cent in 2025-26 as firm growth is projected in India, according to the World Bank.
Government Inks Rs 2,960 Crore Deal with Bharat Dynamics for Missile Production for Indian Navy
MRSAM system is a standard fit onboard many Indian Naval Ships and will be included in most of the future platforms planned for acquisition.
Hindenburg Research Founder Announces Closure of Short-Selling Firm
Hindenburg Research founder Nate Anderson has announced to disband the short seller firm, saying there is not one specific thing -- "no particular threat, no health issue and no big personal issue".
India's Macroeconomics Stay Strong with Steady Long-Term Growth Prospects: Report
The strength of banks (NPAs below 1 per cent) and corporate balance sheets is impressive. India Inc's profits are rising strongly but free cash flows from them are growing sharply unlike 2003-2008, when free cash flows were in deficit, said a monthly insight report from global financial services company Mirae Asset.
Crisil Projects India's GDP Growth to Reach 6.7% in the Next Fiscal Year
Headline inflation continued making progress towards the central bank's target of 4 per cent inflation as food inflation eased for the second consecutive month and non-food inflation stabilised.
Banks Raise FD Interest Rates Amid Intense Competition for Deposits
Fear of getting left behind led to a response from other small banks such as IDBI, though.
Net Direct Tax Collections Rise 16% to Rs 16.90 Lakh Crore in FY25 So Far
Gross direct tax collections before refunds jumped 19.94% to Rs 20.64 crore during the period compared with the corresponding figure of Rs 17.21 lakh crore in the same period of the previous year.
PE Investment in India’s Real Estate Reaches $2.82 Billion in April-Dec FY25
The multi-city deal took the frontline in the first nine of FY25. For cities, the Bengaluru and Hyderabad took the highest transaction tables in the share of deals to the tune of 11 per cent and 10 per cent, respectively.
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