(AI image used for representational purposes) NEW DELHI: Govt is set to introduce major changes in the contract conditions to de-risk private investments and safeguard lenders’ exposure in the highway sector, in its bid to attract more private players. The revised provisions, to be notified this month, include providing revenue support and extension of tolling…
NEW DELHI: After a brief pause in Oct, foreign investors resumed selling, pulling out a net Rs 3,765 crore from Indian equities in Nov, driven by global risk-off sentiment, volatility in global tech stocks and selective preference for primary markets over secondary markets. This dip came right after a net inflow of Rs 14,610 crore…
BENGALURU: A division bench of the Karnataka high court has set aside a single bench order in the Yezdi trademark dispute, allowing appeals by Classic Legends Private Limited and industrialist Boman R Irani. On 16 Dec 2022, the single bench declared Ideal Jawa (India) Ltd, Mysuru, the owner of the trademark Yezdi (word and device),…
AHMEDABAD: A regulatory tweak by Sebi has opened the door to sizable tax savings for millions of mutual fund (MF) investors, simply by making it easier to gift their units. Tax experts say the reform, which now allows transfer of even statement of account (SOA)-based MF units and not just demat units, removes the biggest…
BENGALURU: Karnataka’s startup capital is undergoing a sharp funding reset even as Delhi-NCR and Maharashtra inch up, pointing to a more evenly balanced tech landscape across India’s three largest hubs in the first nine months of 2025.According to Tracxn’s geo funding trend report for the nine months of 2025, Karnataka-based tech companies raised $2.7 billion…
MUMBAI: Elon Musk said his satellite-based internet service Starlink is not meant for densely populated cities because the physics of satellite communication makes it unsuitable for that purpose, adding that it is designed to deliver connectivity to rural users and restore access after natural disasters rather than compete with urban broadband.Musk made the observation on…
MUMBAI: The second-quarter GDP growth, at a six-quarter high of 8.2%, has shifted expectations ahead of the RBI’s Dec 5 monetary policy committee meeting. Ordinarily, such a sharp upside surprise would suggest overheating and trigger caution from the central bank. Economists say the picture is more nuanced, and rate-cut expectations remain in play. The rise…
Stock market holidays for December: As November comes to a close and the final month of the year begins, investors will want to know on which days trading sessions will be there and on which days stock markets are closed. are likely keeping a close eye on year-end portfolio adjustments, global cues, and corporate earnings.For…
Parliament’s winter session kicks off Monday NEW DELHI: As the Winter Session of Parliament begins on Monday, the government is set to push a heavy economic agenda, lining up nine key bills ranging from insurance reforms to new taxation frameworks for sin goods such as tobacco and pan masala. The session will run from December…
Elon Musk on Nikhil Kamath’s podcast In a wide-ranging conversation with Zerodha cofounder Nikhil Kamath on the “People by WTF” podcast, Elon Musk shared his perspectives on various topics including US trade policies. The Tesla CEO touched on issues ranging from President Donald Trump’s tariff strategy to the H‑1B visa system, while also offering a…
If India’s currency could speak, 2025 would probably be the year it asked for a vacation. A dollar that once cost less than four rupees at independence now buys more than 89, and is flirting with the dreaded 90 mark.“When the rupee slides it does affect the broader economy,” said Economist Arun Kumar, retired professor…
Banks across the country will observe several holidays in December 2025, as per the festive and regional holiday calendar issued by the Reserve Bank of India (RBI). These holidays come in addition to the usual Sunday closures and the second and fourth Saturdays of the month. Banks will remain operational on the first, third, and…
Gold prices are expected to stay strong and may come close to historic highs in the coming week as market participants monitor crucial US data, Federal Reserve Chair Jerome Powell’s speech and the RBI’s policy announcement, according to analysts.“Gold moves out of the consolidation range as investors focus on the manufacturing and services PMI data…
Equity benchmarks ended last week on a strong note, extending their winning streak for the third straight week and hitting fresh all-time highs. After early profit-taking, a sharp midweek rebound lifted sentiment, followed by healthy consolidation. By the close, the Nifty gained 0.52% to 26,202.95 and the Sensex rose 0.56% to 85,706.67, reported ET.The rally…
Foreign investors withdrew a net Rs 3,765 crore from Indian equities in November following October’s brief respite, influenced by global risk-off sentiment, instability in global technology stocks and a preference for primary over secondary markets.This November decline followed October’s net inflow of Rs 14,610 crore, which had interrupted three consecutive months of outflows — Rs…
Newly listed eyewear retailer Lenskart reported a strong first quarter as a public company, with operating revenue rising 21% year-on-year to Rs 2,096 crore for July–September. Improved operating leverage also pushed net profit up 20% to Rs 103 crore, while Ebitda climbed 44% to Rs 414 crore from Rs 287 crore a year earlier. India…
India’s Real Estate Investment Trust (REIT) market is set for a significant upturn, with an estimated Rs 10.8 trillion growth opportunity emerging across office and retail segments over the next four years, according to a report by JLL, a real estate and investment management company.“The REIT sector [is] positioned for an additional Rs 10.8 trillion…
India imported 5.4 million tonnes of Russian oil worth 2.1 billion euros between January and September 2025 aboard 30 vessels sailing under false flags, according to a report by the European think tank, Centre for Research on Energy and Clean Air (CREA), released Thursday.The report identified India as the largest recipient of oil transported by…
Rich Dad Poor Dad author Robert Kiyosaki has reignited debate over his long-running market warnings after posting on X that “the biggest crash in history” has already begun. His message paints a picture of an economy under pressure from rapid technological change and widening global instability. Citing an AI-driven erosion of jobs and deepening stress…
Housing sales across India’s 15 major Tier II cities rose 4 per cent in value to Rs 37,409 crore in the July-September quarter of 2025, even as volumes declined, according to real estate analytics firm PropEquity. Sales fell 4 per cent year-on-year to 39,201 units during the quarter, while new housing supply dropped 10 per…
