Knight Frank Global Residential Cities Index 2023: New Delhi ranked third amongst the Indian cities and 25th globally with residential price appreciation of 4.5 pc YoY in Q2 2023. The city climbed 65 spots from the 90th rank in Q2 2022.
Earlier on October 10, all four accused were arrested as part of its ongoing investigation against Chinese smartphone maker Vivo under the Prevention of Money Laundering Act (PMLA).
Closing market bell: BSE Midcap declined by 17.11 points or 0.05 pc to 32,305.62 and SmallCap by 13.67 points or 0.04 pc to 38,184.83 in broader market. Key Asian indices declined following losses in the US markets due to a rebound in bond market yields.
Apart from Air India Express-AIX Connect integration, Air India is merging Vistara with itself. India is one of the fastest growing aviation markets in the world and air traffic is also on the rise.
The inflation has come back to the Reserve Bank's comfort level of below 6 per cent after a gap of two months. The previous low was in June this year when the reading stood at 4.87 per cent.
Forbes India rich list: The biggest percentage gainer in 2023 is Inder Jaisinghani at No 32 with $6.4 billion. His family’s net worth nearly doubled as his wires and cables company, Polycab India, benefited from increasing electrification.
In 2022, Mukesh Ambani visited Kedarnath and Badrinath Dhams along with his youngest son Anant Ambani's fiancee Radhika Merchant.
Leading Asian indices experienced notable gains, with Japan and South Korea posting increases of at least 0.8%. These positive moves have set MSCI's Asian equity index on a path toward its sixth consecutive day of gains.
According to a BSE filing, the Rights Issue Committee has approved the allotment of over 20 crore fully paid-up Rights Equity shares at a price of Rs 2.40 per Rights Equity share, including a premium of Rs 1.40 per share.
Union Coal Minister Pralhad Joshi emphasised on the importance of the scientific closure of abandoned coal mines. He also said the country's electricity consumption is only one-third of the global average even as it is one of the top five solar power-producing countries globally.
The company's operating profit during the reporting quarter grew 9.1 percent to Rs 14,483 crore while operating margins widened by 25 bps to 24.3 percent.
Financial services firm CLSA has released its top stock picks following the upgrade, expressing high confidence in companies such as Reliance Industries, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, Bajaj Finance, L&T, Axis Bank, ONGC, and Tata Motors.
The IMF noted that there are potential risks to prices, primarily from food security concerns. Recent export restrictions in India, the world's largest rice exporter, and uncertain effects of El Nino are contributing to the upward tilt in risks.
The four people, who have been arrested as part of an ongoing investigation in a money laundering case involving Chinese smartphone company Vivo, are expected to be presented before a court where the Enforcement Directorate will seek their custody.
Nifty Smallcap 250 led with a 0.82% gain, followed by Nifty Microcap 250, surging 1.06%. Notable performances included Nifty Smallcap 100 (0.79%), Nifty Midsmallcap 400 (0.74%), Nifty Midcap 100 (0.71%), and Nifty Smallcap 50 (0.65%).
India's unemployment rate has reached a six-year low at 3.2% for individuals aged 15 and above during July 2022-June 2023, according to the Periodic Labour Force Survey. The report shows a steady decline in unemployment, particularly in rural and urban areas.
The prospects of the paper industry are closely tied to various economic indicators. According to the International Project Management Association (IPMA), paper consumption in India is projected to reach 30 million tons by 2027.
Tariff fixation by the Central Electricity Regulatory Commission is an open, transparent, independent process where the tariffs are fixed after carefully evaluating all variables and in consultations with the power generator, distributor and retail consumers.
"We have taken measures to ensure safety of our employees and all of them are safe," said the Adani Group's spokesperson. Over 700 people have been killed in Israel after Hamas launched a barrage of rockets.
Naukri.com's monthly 'Naukri JobSpeak Index' report, published on Monday, suggested that IT, BPO or ITES and FMCG have experienced negative trends in terms of hiring in September. 2,835 white-collar job postings in September, said the report.
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