Business

Cement Prices Hit 5-Year Low, No Substantial Price Hike Expected: Report

03 Dec 2024 15:24 PM IST

The report predicts sluggish demand in FY25, with the industry potentially seeing flat or negative year-on-year volume growth.

Cement Prices Hit 5-Year Low, No Substantial Price Hike Expected: Report

03 Dec 2024 15:24 PM IST

According to a recent report by UBS, India’s real estate sector is poised for significant growth, entering a “sweet spot” driven by a combination of favorable factors. The report outlines a positive outlook for the residential sector, supported by record-low inventory levels, strong affordability, supportive regulations, and increased consolidation among developers. Key Drivers of Growth […]

Cement Prices Hit 5-Year Low, No Substantial Price Hike Expected: Report

03 Dec 2024 15:24 PM IST

Jaguar, with its heritage for luxury and performance, embarked on a major leap towards the future by unveiling at Miami Art Week on Monday its much-awaited electric concept car. The new product, named Type 00, was unveiled in bold colours of Miami pink and London blue. The unveiling comes just days after online leaked images […]

Cement Prices Hit 5-Year Low, No Substantial Price Hike Expected: Report

03 Dec 2024 15:24 PM IST

The Group of Ministers (GoM) on Rate Rationalisation met for the third time yesterday. They proposed a new tax treatment for sin goods such as cigarettes, tobacco, and pan masala. Finance ministry sources confirmed this development. However, the final decision will be made by the council in its meeting in the third week of December […]

Cement Prices Hit 5-Year Low, No Substantial Price Hike Expected: Report

03 Dec 2024 15:24 PM IST

Bangladesh has halved its electricity imports from India’s Adani Power, citing reduced winter demand and unresolved payment issues amounting to hundreds of millions of dollars. This development comes as Dhaka grapples with a foreign exchange crisis, prompting cost-cutting measures. Adani Power operates a $2 billion power plant in Jharkhand under a 25-year agreement signed in […]

Volkswagen Faces $1.4 Billion Tax Evasion Charges In India

03 Dec 2024 03:29 AM IST

The Volkswagen Group has been accused of evading $1.4 billion in taxes by misclassifying imported car components. Indian authorities claim intentional manipulation, while Volkswagen denies the charges.

Ripple’s XRP Becomes Third-Largest Crypto In $100B Surge

03 Dec 2024 01:55 AM IST

Ripple's XRP has soared to the third-largest cryptocurrency spot, fueled by a $100 billion market surge following Donald Trump's presidential victory.

India Navigates Global Shifts: ‘Partnerships Key to Progress,’ Says Jaishankar at CII Summit

02 Dec 2024 19:23 PM IST

“India’s economic landscape is in transformation,” Dr. Jaishankar emphasized, underscoring the need for global partnerships amid shifting dynamics.

Cement Prices Hit 5-Year Low, No Substantial Price Hike Expected: Report

03 Dec 2024 15:24 PM IST

The Indian Navy is on track to finalize deals worth Rs 90,000 crore for procuring 26 Rafale Marine combat aircraft and three additional Scorpene submarines by next month. Navy Chief Admiral Dinesh K Tripathi announced this during the annual Navy Day press conference held on Monday. Admiral Tripathi stated, “The Indian Navy is hoping to […]