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Buying a home in 2025? Nearly 50% of all houses sold now cost over Rs 1 crore

Premium homes are gaining popularity in India’s housing market. According to Knight Frank India, nearly half of all residential property sales in the first half of 2025 were for homes priced above Rs 1 crore. This marks a clear shift in buyer preference towards larger and more luxurious homes, highlighting a growing trend of premiumisation

Reliance Infrastructure and Reliance Power distance themselves from Reliance Communication amid ongoing dispute with SBI

Reliance Infrastructure and Reliance Power have issued statements on the ongoing dispute between Reliance Communications and the State Bank of India. In their statements, both companies have distanced themselves from Reliance Communications as SBI accuses the latter of committing fraud.  In separate statements, Reliance Infrastructure and Reliance Power said that both companies are separate and

The great Indian IPO rush: 65 IPOs awaiting SEBI nod and Rs 5 lakh crore pipeline – What’s fuelling the frenzy?

56 IPOs done, 65 awaiting SEBI approval and a pipeline of 211 DRHPs already approved last fiscal. The 2025 version of the great Indian IPO rush is mindboggling. What started as a trickle, is slowly taking up humongous proportion. Literally every second day, you get to hear about a mega Rs 10,000 crore plus issue.

Central govt pensioners will get LTC benefit like serving employees? Here’s what Centre says

Will government pensioners be able to avail the benefit of “LTC” (Leave Travel Concession) even after retirement? This question has been in discussion for some time and now the response of the central government has also come to the fore. The central government has come out with a formal statement for the first time on

Paras Defence bags Rs 22 crore order from French defence firm, Cerbair

Paras Defence and Space Technologies has received a letter of intent for an order worth Rs 22.21 crore from the French defence company Cerbair.  In a filing exchange, Paras Defence said that it has received the Letter of Interest for 30 units of  CHIMERA 200, an anti-drone technology.  ALSO READIREDA accelerates clean energy financing in

Muted start to July: Nifty ends above 25,500 but small and midcaps give up gains

The Indian headline indices ended Tuesday’s trading session on a calm note, with both the Sensex and Nifty closing flat. The Sensex settled at 83,697.29, up 90.83 points or 0.11%, while the Nifty ended the day at 25,541.80, gaining 24.775 points or 0.1%. The Nifty Bank also closed higher at 57,459.45, up 0.26%. Here are

Filing ITR-1 or ITR-4? Tax Dept seeks additional disclosures for THESE deductions

If you file ITR-1 or ITR-4 under the old tax regime, then this write-up is very important for you. The Income Tax Department has made many new changes in the ITR forms this time, which will directly affect your tax filing. The special thing is that now just filling out the form will not be

Rare earth elements found in Telangana coal mines, search expands nationwide: Report

India is stepping up efforts to extract more rare earth elements (REEs) from mining waste, especially from coal mine overburden (byproducts and waste), government sources told CNBC TV18. The expanded exploration is aimed at making better use of resources in open-cast mines. These enhanced exploration, the report added, will cover not just overburden from existing

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MF inflows dip 22% in August

After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi).  Retail investors continued to tap the equity market

UltraTech sharpens southern focus as it nears 200 mtpa target: Analysts

UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s

Urban Company IPO subscribed 3.13 times on day 1

The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday and later ended the day with 3.13 times subscription. The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. ALSO

Centre to allow immediate pension benefits on voluntary retirement under UPS? Here’s what govt assured

When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement

India adds 3.8 GW solar open-access capacity in H1 2025

India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom.  In the second quarter of 2025, the country added 2.7 GW of solar open access capacity.  ALSO READOrder