The Indian housing market experienced a notable decline in both sales and new supply during 2024. Sales of residential properties across nine major cities fell by 9% to 4,70,899 units compared to 5,14,820 units in 2023. New supply also dropped by 15% to 4,11,022 units due to subdued activity during the general elections and the …
In a landmark move to protect home-buyers interests, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken stringent action against developers of over 1,950 stalled real estate projects. The authority has frozen their bank accounts and suspended project registrations, marking a significant step towards enforcing compliance and accountability within the real estate sector. This action …
As the dust settles from India’s recent stock market turmoil, investors are turning their attention to the future—and more specifically, to how Donald Trump’s second term could affect Indian markets in the near term. With significant shifts in U.S. economic and foreign policies expected, India’s investors are closely watching the horizon for new tariff regimes, …
The benchmark equity indices ended Wednesday’s trading session in positive territory. The NSE Nifty 50 jumped 130.70 points or 0.57% to settle at 23,155.35, while the BSE Sensex gained 566.63 points or 0.75% to 76,404.99. The broader indices ended in mixed territory, with gains led by Large-cap stocks. IT and Pharma stocks outperformed while the …
Reliance Consumer Products Ltd (RCPL), a subsidiary of Reliance Retail Ventures Ltd (RRVL), has acquired the packaged foods brand SIL Food India. The deal, as per the reports, includes SIL’s brand portfolio but not its manufacturing facilities in Pune and Bengaluru. SIL Food India’s product line includes cooking pastes, jams, baked beans, mayonnaise, and Chinese …
The PM Internship Scheme is a significant government initiative aimed at equipping individuals with valuable skills through internship opportunities. Designed to bridge the gap between education and employment, it set an ambitious goal of enrolling over 1 lakh participants during its pilot phase. However, the programme has encountered numerous challenges, leading to a significant shortfall …
On January 20, 2025, the National Stock Exchange of India (NSE) achieved a historic milestone by surpassing 11 crore unique registered investors. This achievement highlights the growing confidence of Indians in stock market investments as a reliable path to wealth creation. Exponential Growth in Registrations The pace of investor registrations has seen an extraordinary acceleration …
The Indian stock market has started 2025 on a turbulent note as foreign investors sold a staggering $5.4 billion worth of equities on a net basis in January. This marks the worst start to a year since the pandemic, following a brief respite in December. While mutual fund inflows remained resilient, they have been overshadowed …
The Bureau of Indian Standards (BIS), under the supervision of the Food and Consumer Affairs Ministry, has introduced draft guidelines aimed at regulating e-commerce platforms to ensure consumer protection. Titled “E-commerce-Principles and Guidelines for Self Governance,” the document seeks public feedback by 15 February and proposes comprehensive principles covering pre-transaction, contract formation, and post-transaction stages. …
The Indian government has allocated ₹1,596 crore under the Production-Linked Incentive (PLI) schemes across six sectors, including electronics and pharmaceuticals, during the April-September period of the current fiscal year. Initiated in 2021, the PLI schemes aim to boost investments, enhance manufacturing capabilities, and improve India’s global competitiveness across 14 strategic sectors. PLI Disbursals: Sectoral Distribution …
