As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025 on February 1, homebuyers are hopeful for reforms that enhance affordability, streamline regulations, and uplift real estate market sentiment. High interest rates and taxation continue to put financial pressure while rising inflation has dampened demand in the mid and affordable housing segments.
New CGHS guidelines issued! In a major move to streamline the approval process for some essential services about respiratory devices, the Ministry of Health and Family Welfare has announced a complete transition to an online system for processing permissions related to CPAP, BiPAP, and oxygen concentrators under the Central Government Health Scheme (CGHS). The new
Whirlpool of India Ltd on Thursday said that its holding company Whirlpool Corporation has announced its intention to sell down its ownership interest in Whirlpool of India Ltd to approximately 20 per cent by mid to late 2025. Currently, the company holds 51 per cent ownership in Whirlpool India. In a regulatory filing, Whirlpool of
Larsen and Toubro (L&T) on Thursday announced that its Minerals & Metals (M&M) vertical has bagged a significant order for setting up freight handling facilities in the Gulf Cooperation Council (GCC) region. This, it said, is a repeat order from a railway company in the GCC, which has plans for capacity expansion in multiple phases.
The brokerage firm, Motilal Oswal, has revised its target price for Ambuja Cements lower to Rs 600 from Rs 750. This however, still indicates a 15% upside from the current market price of Rs 522. Although the brokerage firm has cut the target price, it continues to maintain a Buy rating. Let’s take a look
Maruti Suzuki, India’s leading auto-giant player, is in the spotlight after announcing its Q3FY25 earnings on January 29. While the company posted growth in revenue and profit, the results fell short of market expectations. Most brokerages are pinning hopes on the company’s SUV offerings. Interestingly, Maruti Suzuki is also a prominent play in the CNG
Go to Live UpdatesTata Motors Share Price Today Live Updates, 30 Jan, 2025: The Tata Motors share is in news and the counter closed trade on 29 Jan, 2025 at Rs 752.45. The shares touched intraday high of Rs 755.00 in the last trading session while the intraday low was at Rs 726.50. The company’s
Only 6% of India’s top 50 websites comply with the specific cookie consent mandates under the Digital Personal Data Protection Act (DPDPA), revealed a study by the Advertising Standards Council of India (ASCI) Academy in collaboration with Tsaaro Consulting and PSA Legal. These websites collectively saw 30 billion visits in December 2024, highlighting a significant
The Budget is almost here, with Finance Minister Nirmala Sitharaman set to present it on February 1. As always, various industries and social groups have put forth their expectations, hoping the government will deliver on their demands. However, past budgets have often failed to meet public expectations fully and, at times, have even complicated things
The brokerage firm Jefferies has reaffirmed its Buy rating on Bharat Electronics Ltd (BEL), setting a price target of Rs 370 per share. According to the firm, the company’s strong quarterly earnings, order book, and growth prospects is a key highlight in India’s defence electronics sector. 3 reasons why Jefferies has a ‘Buy’ rating on
Indian stock markets started Friday’s session on a firm footing. The NSE Nifty 50 climbed 47.25 points or 0.2%, opening at 23,296.75, while the BSE Sensex gained 105.39 points 0.14%, beginning the day at 76,865.20. As of 2:25 PM today, the Sensex was trading at 77,267.19, up by more than 550 points, or 0.66%. Meanwhile
The Gold rate in Delhi touched an all-time high of Rs 81,120 on January 31, as per India Bullions data. Gold prices have risen 2.2% compared to ten days back while Silver prices have increased 0.78% during the same time frame. Gold traded positively as participants positioned themselves against potential import duty hikes, following the
A day ahead of Budget 2025, speculation is high on whether the old tax regime will be discontinued, making way for the new tax regime as the sole option—potentially with greater flexibility and lower tax liabilities for taxpayers. Since the introduction of the new tax regime in the Union Budget 2020, India’s tax landscape has
