New Delhi: The Reserve Bank of India’s (RBI) recent 50 basis points rate cut will significantly benefit home loan borrowers, especially those already holding loans, by lowering their interest costs, experts said on Friday. This move is timely as India, now the fourth-largest global economy, is experiencing robust growth in real estate across major metros,.
Chennai: The Directorate of Enforcement’s (ED) Chennai Zonal Office has ordered the seizure of immovable property worth approximately Rs 16.19 crore belonging to RR Industries Limited, under Section 37A of the Foreign Exchange Management Act (FEMA), 1999. The ED initiated its investigation following preliminary findings that revealed irregularities in overseas remittances made by Hanudev Investment.
New Delhi: The last 11 years have seen steady reforms introduced by the Government to make life easier and more dignified for the middle class, with steps ranging from tax relief that leaves more money in their hands to pension schemes that promise security in the old age, according to an official statement issued on.
New Delhi: India’s digital forensics market is projected to skyrocket at a compound annual growth rate (CAGR) of nearly 40 per cent to reach Rs 11,829 crore ($1.39 billion) by FY 2029-30, more than triple the global average of 11 per cent, a report showed on Thursday. Mobile forensics now dominates the sector, accounting for.
New Delhi [India]: Amid recent uncertainties in US trade policies and financial markets, a study from the World Gold Council (WGC) suggests that gold is exhibiting traits of a High-Quality Liquid Asset (HQLA). HQLAs are assets that can be quickly and easily converted into cash with minimal loss in value, even during financial crises. The.
New Delhi: India saw an 8.8 per cent rise in high-net-worth individual (HNWI) wealth in 2024, witnessing 378,810 millionaires with a total wealth of $1.5 trillion by the end of last year, according to a report released on Wednesday. India also had 333,340 millionaires ‘next door’ at the end of 2024, with a wealth of.
Mumbai: Indian businesses scored well on safety this year, receiving a highly prized accolade for their work in health, safety, and wellbeing. British Safety Council recognised 443 Indian companies as winners of its prestigious annual International Safety Awards for 2025, at a gala celebratory dinner yesterday at Hotel JW Marriott at Sahar in Mumbai. Of.
Union Heavy Industries Minister H D Kumaraswamy said on Monday that Mercedes Benz, Skoda-Volkswagen (VW), Hyundai, and Kia have shown keen interest in manufacturing their electric vehicles (EVs) in India.
Mumbai: Markets regulator the Securities and Exchange Board of India (SEBI) on Thursday barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 others from the securities markets for periods ranging from 1-5 years. The regulator imposed a fine of Rs 5 lakh each on Warsi and his wife, Maria. The decision came in.
The Indian stock market closed in green on Thursday amid positive global cues. Sensex closed 320.70 points or 0.39 per cent up at 81,633.02 while Nifty ended up 81.15 points or 0.33 per cent at 24,833.60.
