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2 mins read

Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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4 mins read

Google is taking the nuclear option to power soaring demand for AI. Here's why it's such a big deal.

Google has struck a deal in its bid to power its energy-intensive AI data centers with nuclear, joi…

Hasan Chowdhury   


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1 min read

Urea import dependency in India to fall to 10-15% from 30% in near term: Crisil

India's urea industry, contributing to a significant portion of chemical fertiliser demand, has tak…

ANI   


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2 mins read

India to face evening power shortages by 2027 if electricity demand continues to grow, warns IECC

The evening power shortages are likely even if all currently under-construction thermal and hydro c…

ANI   


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Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus

LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese …

Kelly Cloonan   


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2 mins read

Dev Accelerator plans ₹125 crore IPO amid high demand for flexible office spaces

It proposes to use Rs 30 crore towards repayment and/or prepayment (in full or in part) of ce…

PTI   


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Indian textile exports to remain strong amid global shifts; FTA negotiations with EU to offer growth opportunities

While domestic demand is expected to remain moderate due to lower discretionary spending and overst…

ANI   


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India recognised as the leading global driver of steel demand growth

India has been recognised as the leading global driver of steel demand growth since 2021, according…

ANI   


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Average housing price up 12% annually in Apr-Jun; NCR sees maximum 30% appreciation: Report

Prices in Chennai remained flat at Rs 7,690 per square feet. Delhi-NCR saw a maximum 30 % price ris…

PTI   


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3 mins read

India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report

Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…

ANI   


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3 mins read

Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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1 min read

Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report

The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…

ANI   


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India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report

Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …

PTI   


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Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report

A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…

ANI   


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3 mins read

Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank

A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…

ANI   


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2 mins read

AI will nearly double demand for copper, which is already facing a global shortage

Mining giant BHP sees copper demand reaching 52.5 million tons a year by 2050, making worse an ongo…

Filip De Mott   


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3 mins read

Economic Survey 2023-2024 highlights emerging job trends in AI, Cybersecurity, 3D Printing and Web Development

While Artificial Intelligence promises to revolutionise industries, it also poses a threat to some …

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2 mins read

Indian hospitality sector registers growth in Q2 2024; Hyderabad leads with 11.9% surge: JLL report

Hyderabad led the charge with a notable RevPAR growth of 11.9 per cent in Q2 2024 compared to the s…

ANI   


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3 mins read

India's gold demand dips 5% to 149.7 tonnes in June quarter on high prices: WGC

However, in value terms, gold demand increased 17 per cent during the second quarter at Rs 93,8…

PTI   


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4 mins read

India to introduce UPI payment service in Maldives

"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…

PTI