Housing sales across India’s 15 major Tier II cities rose 4 per cent in value to Rs 37,409 crore in the July-September quarter of 2025, even as volumes declined, according to real estate analytics firm PropEquity. Sales fell 4 per cent year-on-year to 39,201 units during the quarter, while new housing supply dropped 10 per…
File photo (Picture credit: PTI) Oil India Limited (OIL) launched a landmark offshore drilling campaign in the Kerala-Konkan basin by spudding its first deepwater well, Union petroleum and natural gas minister Hardeep Puri announced on Saturday.He described the development as an “inspirational stride” in India’s energy journey aligned with Prime Minister Narendra Modi’s vision.The frontier…
File photo: External affairs minister S Jaishankar (Picture credit: ANI) External affairs minister S Jaishankar on Saturday said the world has entered an era where “politics increasingly trumps economics” and stressed that India must continuously diversify supply sources to safeguard national interests. The minister was speaking after receiving an Honorary Doctorate from IIM-Calcutta, reported PTI.“This…
The Securities and Exchange Board of India (Sebi) has announced that investments made by Mutual Funds (MFs) and Specialised Investment Funds (SIFs) in Real Estate Investment Trusts (REITs) will be treated as equity-related instruments from January 1, 2026. The move is aimed at encouraging greater participation in the REIT market, reported news agency ANI.Sebi said…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Saturday defended his sweeping tariff regime, saying the duties had made the country “Rich, Strong, Powerful, and Safe,” in a post on his Truth Social account. Trump argued that because of the tariff framework he “set in place,” the United States…
American electric carmaker Tesla is exploring ways to develop an electric-vehicle ecosystem in India to support long-term growth and enhance the ownership experience. Since beginning deliveries in September, the company has sold 109 vehicles and is now planning to establish home charging units, install superchargers in major cities, and set up chargers at key destinations…
The Indian rupee, which has been under persistent pressure through 2025, is unlikely to witness any sharp fall in the immediate term as its recent weakness has already played out, Union Bank of India said in a recent assessment. The bank noted that the currency has already slipped about 4 per cent this year and…
India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25%…
File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said India’s stronger-than-expected 8.2% GDP expansion in the July–September quarter reflects the government’s sustained reform drive and measures to make business operations smoother. Speaking during a national padyatra in Gujarat, he said the numbers…
Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, or even more for some firms.The increase in wage expenses is largely driven by higher costs for benefits such as gratuity, overtime, bonuses,…
