Karnataka received investment proposals worth Rs 10.27 lakh crore during the three-day Invest Karnataka summit, which concluded in Bengaluru on Friday. The ambitious commitments are expected to generate over six lakh jobs, boosting employment opportunities across the state. “The state is determined to convert at least 70% of these investment commitments into reality over the
The next big opportunity in real estate is going to be in redevelopment, given the premium some locations carry in cities like Mumbai. On the day its quarterly numbers were announced, FinancialExpress.com spoke with Keystone Realtors managing director Boman Irani. Keystone Realtors operates under the brand Rustomjee and went public in November 2022. The company’s
India’s bilateral trade with the United States is set to experience significant growth, with a target to reach $ 500 billion by 2030 and plans for a new bilateral trade agreement. Exporters are optimistic that this will boost India’s exports to the US, particularly in sectors such as technology, defence, and green energy, making Indian
Prime Minister Narendra Modi will on Sunday address the ‘Bharat Tex 2025’, a global textile fair which seeks to bring together the entire industry value chain. The Prime Minister’s Office (PMO) said the “mega global event”, being held from February 14-16, brings together the entire textile value chain ranging from raw materials to finished products
Reliance Infrastructure Ltd has reported widening of consolidated net loss to Rs 3,298.35 crore in the December quarter. It had clocked a net loss of Rs 421.17 crore in the year-ago period, the company said in an exchange filing. The company’s total income, however, rose to Rs 5,129.07 crore from Rs 4,717.09 crore in the
Smaller cities took the lead over bigger ones in terms of demand for products for gifting during Valentine’s Week, according to industry executives. These cities also witnessed a rise in average ticket size of purchases. Valentine’s Week starts with Rose Day on February 7 and ends with Valentine’s Day on February 14. The period typically
Disbursements of Five-Star Business Finance fell 22% year-on-year to ₹941 crore for the third quarter, but the company remains confident of achieving a 25% portfolio growth for the full year, driven by a pick-up in disbursements in the second quarter. “This has been a collections-first and asset quality-first quarter for us, which led to a
Reliance Consumer Products Ltd (RCPL) on Friday announced the acquisition of the iconic sachet shampoo brand ‘Velvette,’ strengthening its FMCG portfolio and adding another heritage brand to its revival list. ALSO READAsian Paints to sell its Indonesia business for Rs 48 crore, will book Rs 90 crore worth of loss on divestment Addressing a press
The last six months have been extremely volatile for equity markets globally. US trade tariff policies in Trump 2.0, geopolitical tensions, and FIIs (foreign institutional investors) shifting capital from India jolted the domestic market. This market plunge led to most mutual fund categories suffering deep losses over the last three to six months. If we
For senior citizens thinking about opening a fixed deposit account soon, now might be the right time to act, as interest rates for fixed deposits could start to drop shortly, following the recent rate cut by the RBI. Fixed deposits specifically catered to those aged 60 and above offer numerous advantages tailored to the unique
Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent. The rally was fuelled by improving investor sentiment, improvement in foreign capital flows, and positive
The housing market continued its downward trend with housing sales in India’s top 9 cities falling by 23% while supply declining by a whopping 34% in Jan-March of 2025, said a report by data analytics firm PropEquity. Housing sales in Q1 2025 stood at 1,05,791 units as compared to 1,36,702 units in the same period
Borrowing may look like an easy task but making the right decision based on the options available is crucial when you have a specific financial need. With numerous lending options available in the market, selecting the right one can be overwhelming. If you need a small amount of quick cash, two popular choices are gold
