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Office supply tightens: Delhi-NCR, Mumbai see sharp fall in new office completions; demand outpaces additions across top cities

New supply of office space declined sharply in key property markets such as Delhi-NCR and Mumbai last year, even as demand for prime workspaces remained strong across India’s major cities, according to real estate consultant Colliers, PTI reported.Delhi-NCR saw a 15 per cent fall in new office supply in 2025, while Mumbai recorded a steeper…

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Pressure on rupee persists: Currency slips past 90 per dollar, closes 22 paise lower amid dollar strength and FII outflows

The rupee slipped again below the psychologically important 90 level and settled 22 paise lower at 90.20 (provisional) against the US dollar on Friday, weighed down by disappointing domestic macroeconomic data and a stronger greenback in overseas markets, PTI reported.At the interbank foreign exchange, the rupee opened at 89.95 and moved between an intra-day low…

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Fog disruption: 66 flights cancelled at Delhi airport due to low visibility; DGCA’s winter fog norms in force

As many as 66 flights were cancelled at the Delhi airport on Friday due to fog and low visibility conditions, PTI reported citing sources.Several airlines cancelled flights to and from the national capital as reduced visibility disrupted operations. Of the total cancellations, 32 were arrival flights while 34 were departures, the source said.The aviation regulator…

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Major milestone in Bullet train project: First mountain tunnel breakthrough achieved in Maharashtra’s Palghar

(Image: National High-Speed Rail Corporation Limited (NHSRCL) NEW DELHI: India’s bullet train corridor marked a major milestone on Friday with the breakthrough of a high-speed mountain tunnel in Maharashtra’s Palghar district.Railway minister Ashwini Vaishnaw virtually witnessed the final breakthrough of the 1.5-km-long Mountain Tunnel-5 (MT-5) from Rail Bhawan in New Delhi. This is the first…

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Asian stock market today: Markets kick off new year on a positive note; Hang Seng jumps over 2%

(Representative AI image) Asian markets kicked off the new year on a positive note on Friday, tracking gains in US futures and higher oil prices, with technology stocks leading the rally in Hong Kong.Hong Kong’s Hang Seng index surged 2.2% to 26,189.79. Markets in Tokyo, Shanghai, Thailand and New Zealand remained closed for holidays.South Korea’s…

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Gold price prediction: What’s the gold outlook for January 2, 2025? Why Rs 1,36,000 is an important level

Gold’s intraday technical structure points toward stabilization after correction, supported by EMA alignment. (AI image) Gold price prediction today: Gold prices are likely to stabilize after a period of correction and investors can look to buy on dips, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading…

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