Weeks ahead of the upcoming Maharashtra Assembly elections, Pune rural police on Monday seized Rs 5 crore cash from a car amid the model code of conduct in force in the state as the polls are set to take place in a single phase on November 20. The cash was confiscated on Monday evening near
Royal Enfield already has two models in the 450cc category– the Himalayan and the recently launched Guerrilla. The bikemaker will launch at least two more offerings in this platform in the coming months– a scrambler and an off-road-friendly Rally version of the Himayan. The latter recently broke covers at the 2024 Cuenca rally in Spain.
In recent times, SUVs have seen a drastic increase in sales and carmakers have taken advantage of that with multiple SUVs in their lineup. Manufacturers like Mahindra and Tata have SUVs that dominate their portfolio, and some even have various powertrains, widening the customer base. While some SUVs, from various segments, have seen growth, some
When it comes to choosing between term insurance and whole life insurance, this can be tricky. Term insurance is like renting coverage for a fixed period. During this period, you pay either a lump sum or periodically to get a coverage to give your loved ones a financial security in case of your death. While
Do you often keep contemplating the amount needed to save in order to become a crorepati? There is no need for concern; achieving this goal is within your reach. Various strategies exist to accumulate one crore or even more over an extended period. Whether your target is accumulating a corpus of Rs 1 crore, Rs
By Bharat Gite India’s manufacturing sector stands at a pivotal juncture today. We aim to increase the sector’s GDP contribution to 25% by 2025. Simultaneously, a powerful convergence of Industry 4.0 technologies and ESG requirements is reshaping the industry. For manufacturers in India, this shift is not optional any more. It is a strategic necessity
Indian apparel exporters are expected to register a revenue growth of 9-11 per cent in FY2025, stated a report by ICRA. This, it added, will primarily be driven by the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to India, a part of the de-risking strategy adopted
Shoppers Stop Ltd announced its fiscal second quarter earnings with a loss of Rs 20.59 crore in comparison to a profit of Rs 2.73 crore recorded during the corresponding quarter of FY24, due to subdued demand. It posted revenue from operations at Rs 1,114.87 crore, up 7.3 per cent as against Rs 1,039.12 crore during
In a testament to India’s burgeoning luxury real estate market, there has been an unprecedented surge in ultra-luxury residential sales. Over the past three years, a staggering 49 ultra luxury homes, each commanding a price tag of Rs 100 crore or more, have changed hands in the country’s premier metropolitan hubs of Mumbai and Delhi-NCR
The Reserve Bank of India (RBI) is likely to go for a rate cut in its April MPC meeting, which may prompt banks to lower the interest rates on their fixed deposits further. It may be noted that some of the banks and financial institutions have already reduced their FD rates following the 25 bps
In a recent Twitter post Elon Musk announced that “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” Musk had bought Twitter/X for $44 billion in 2022. Therefore, for all practical purposes, there is a clear loss of over $11
As the financial year FY26 begins, the last trading session of FY25 comes with a festive pause. Indian stock markets will remain closed on Monday, (March 31), on account of Eid-Ul-Fitr (Ramzan Id). This marks an extended break for investors, with trading resuming on Tuesday, April 1. No trading on BSE, NSE on March 31
Buying a home is a dream for many, including senior citizens. While younger individuals have the advantage of time for loan repayment, senior citizens often worry about their eligibility for a home loan. Thankfully, banks and financial institutions also offer home loans to older applicants, including retirees. However, the terms and conditions may differ from
