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Affordable housing to get boost from repo rate cut, tax exemption relief:
Updated : 1 year, 5 months ago IST
Real estate leader Niranjan Hiranandani said affordable housing segment will get yet another boost with the reduction in repo rate by the RBI monetary policy committee.
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RBI rate cut fails to cheer markets, amid volatility; Sensex, Nifty close
Updated : 1 year, 5 months ago IST
The BSE Sensex declined by 197.97 points, closing at 77,860.19, while the NSE Nifty lost 43.40 points, ending the session at 23,559.95. Out of the Nifty 50 stocks, 28 advanced while 23 declined.
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National Highways construction to decline by 7-10% in FY25, amid execution
Updated : 1 year, 5 months ago IST
Maulesh Desai, Director, CareEdge Ratings, said, "Among the under-construction projects, totalling Rs 1.83 lakh crore, 55 per cent with an aggregate BPC of Rs 1 lakh crore are delayed by more than six months."
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Delhi HC prohibits use of logos, images associated with Ratan Tata and Tat
Updated : 1 year, 5 months ago IST
The Delhi High Court on Friday ruled against the use of logos and images related to Ratan Tata and Tata Trusts, acknowledging that Tata is a well-known trademark and that the late Ratan Tata is a prominent figure deserving of name protection.
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Industry welcomes rate cut by RBI, expects bigger cut in near term
Updated : 1 year, 5 months ago IST
Chandrajit Banerjee, Director General, CII, said, "The recent series of liquidity easing measures introduced over the past two weeks will aid in the effective transmission of the rate cut to the productive sectors of the economy. Additionally, the RBI's indication that it will inject liquidi
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Experts cheer repo rate cut, budgetary boost for real estate and investmen
Updated : 1 year, 5 months ago IST
In a move that is expected to boost residential real estate, business investments, and overall economic growth, experts have welcomed RBI's repo rate cut, combined with budgetary measures for real estate and investments -- a game changer for economic growth.
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Experts applaud RBI's repo rate cut as 'well-timed' and 'pro-growth' measu
Updated : 1 year, 5 months ago IST
Anshul Jain, Chief Executive, India, SEA & APAC Tenant Representation at Cushman & Wakefield, described the move as "well-timed and much-needed," particularly as CPI inflation eases and Q2-FY25 GDP growth slows.
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Manjrekar calls Gill "lambi race ka ghoda," rates Iyer's blistering knock
Updated : 1 year, 5 months ago IST
While Gill, in course of his 87 (96), relied on his defensive prowess, Shreyas took the brunt of scoring runs on his shoulders. With a wide array of shots and picture-perfect strokeplay, he maintained a healthy run flow.
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RBI projects GDP growth at 6.7% for FY26; Inflation in FY25 to remain at 4
Updated : 1 year, 5 months ago IST
On the inflation front, RBI expects Consumer Price Index (CPI) inflation to ease to 4.8 per cent in FY25, with Q4 FY25 inflation projected at 4.4 per cent. For FY26, inflation is forecasted at 4.2 per cent, with quarterly estimates as Q1 FY26: 4.5 per cent, Q2 FY26: 4.0 per cent, Q3 FY26:
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RBI cuts repo rate by 25 bps to 6.25% in first policy review under Governo
Updated : 1 year, 5 months ago IST
Malhotra highlighted the challenges posed by the global economic landscape, noting that while high-frequency indicators suggest resilience and expansion in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by services pr
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Stock market opens flat, awaits RBI's decision on rate cut: Experts
Updated : 1 year, 5 months ago IST
The BSE Sensex edged up by 121.16 points, opening at 78,179.31, while the NSE Nifty gained 34.70 points, beginning the session at 23,638.05.
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RBI likely to cut repo rate by 25 bps in Governor Sanjay Malhotra's first
Updated : 1 year, 5 months ago IST
Experts anticipate that the central bank may cut the repo rate by 25 basis points (bps) to support economic growth while keeping inflation under control.
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