Real estate developers are anxiously awaiting the RBI MPC decision tomorrow and desperately hoping for a rate cut, and failing that, at least a relaxation in stance that could hold out hopes for a rate cut in the future. Affordability has become important and home sales trends show that it is those in the upper…
Target Price: Rs 3,825-4,050 Stop Loss: Rs 2,920 Angel One, after a throwback from an inverse head-and-shoulders breakout, has resumed its upward move, signalling a potential uptrend. A surge in volume today highlights strong buyer interest. The price has closed above the Ichimoku Cloud, baseline, and conversion line, indicating bullish momentum. It is also trading…
People buying vegetables at a local market in Noida, Uttar Pradesh on August 22, 2023. (Photo by Chandradeep Kumar/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and…
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Shweta Rajpal Kohli, a former employee of venture capital firm Peak XV Partners, on Thursday, launched Startup Policy Forum (SPF) to foster constructive collaboration between founders, policymakers, and regulators. In the initial phase, the forum will limit its members to 100 select startups and may eventually increase its membership count. It already includes prominent startups…
Hyderabad: In a major boost to the country’s technological and cybersecurity landscape, Google on Wednesday announced the establishment of its Google Safety Engineering Centre (GSEC) in Hyderabad. This state-of-the-art cybersecurity hub will be the first-of-its-kind in the Asia-Pacific region outside of Tokyo and only the fifth in the world, after Dublin, Munich and Malaga. The…
RBI MPC Meeting: Reserve Bank of India (RBI) Governor Shaktikanta Das will unveil the fifth monetary policy of the current financial year 2024-25 (FY25) on Friday, December 6, after a three-day meeting which began today, December 4, 2024. The RBI’s rate-setting panel will observe the impact of global headwinds and economic determinants, such as the…
Honda Cars India, on Wednesday, introduced the third-generation Honda Amaze, with prices ranging from ₹7.99 lakh to ₹10.90 lakh (ex-showroom). The updated compact sedan, now available for test drives, will commence deliveries next month. The new Amaze is powered by a familiar 1.2-litre, four-cylinder i-VTEC petrol engine, delivering 90hp and 110Nm of torque. Buyers can…
• The fund will be an Open-Ended Equity Scheme Predominantly investing in companies meeting an Ethical Set of Principles • The scheme will have a Direct and Regular Plan MUMBAI, India , Dec. 4, 2024 /PRNewswire/ — Quantum AMC announced the launch of a new fund offer (NFO) with Quantum Ethical Fund. It closes on…
New Delhi: State-run power generator NTPC Ltd is in discussions with EDF of France, Rosatom State Corp. of Russia and Westinghouse Electric Corp. of the US to build small modular reactors (SMRs) in India, two people aware of the matter said. SMRs are factory-built reactors with a capacity of up to 300 MW, unlike conventional…
