Surendra Hiranandani-led House of Hiranandani, a premium brand name in Indian real estate, has announced its strategic investment of Rs 12,500 crore to deepen its presence in the Mumbai Metropolitan Region (MMR) in the next 24 months. With luxury development of over 7.3 million square feet, House of Hiranandani aims to capitalise on the region’s
PM-JAY Ayushman Bharat Yojana: Prime Minister Narendra Modi on October 29 formally launched health coverage plan for all senior citizens aged 70 years and above irrespective of income under the flagship scheme Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY). The Union Cabinet earlier this month approved the health coverage plan, which will additionally
Gold has long been a prized asset globally, sought after by central banks, institutional investors, and individuals alike. For decades, India has been one of the largest consumers of gold, and the yellow metal plays a significant role in the country’s culture. Through centuries, Indians have shown a deep appreciation for gold, especially during traditional
Diwali-Dhanteras 2024: People buy gold and silver on Dhanteras and Diwali for auspicious reasons. Traditionally, people used to purchase gold in physical form on special occasions like Diwali. However, there are now several other gold options available, which help investors earn profit on gold and save them from the worry of safety and storage. The
Credit cards have become a go-to payment option in metro cities for different types of purchases, from groceries to big-ticket items like electronics and home décor. And during festive seasons like Diwali, this trend takes off, with many people swiping their cards to make the most of seasonal sales and offers. But a recent report
Gold has a special place in Indian culture. It is a symbol of prosperity, thus linked to Goddess Lakshmi. There is a tradition of buying gold on many festivals in India, among which Akshaya Tritiya and Dhanteras are prominent. Dhanteras, also called Dhantrayodashi, marks the beginning of the 5-day Diwali festival, which will be celebrated
The expense ratio of several general insurers has increased, instead of coming down, after the Insurance Regulatory and Development Authority of India (Irdai) introduced the expenses of management (EoM) guidelines, according to Kamesh Goyal, chairman of Go Digit General Insurance. Addressing the Q2FY25 earnings call, Goyal said the expense ratio is rising as insurers are
The festive season in India is a time of vibrant celebrations, rich cultural traditions, and spirited shopping sprees. As households prepare for a series of festivals, the atmosphere across marketplaces—both online and in-store—becomes lively, offering ample opportunities for shopping enthusiasts to dive into seasonal sales and offers. However, with this excitement comes the need for
State-owned Bharat Sanchar Nigam (BSNL), which was seen gaining mobile users after tariff hikes by private telecom operators in July last year, has now started seeing subscribers loss, according to data by the Telecom Regulatory Authority of India (Trai). In November, the telecom operator lost 344,473 mobile users after continuously adding the subscribers for four
State-owned Bharat Petroleum Corporation Ltd (BPCL) which recorded a 19.6% jump in its consolidated profit for the third quarter of FY25 has revised its capex target for the current fiscal year upwards from Rs 13,000 crore to Rs 16,000 crore and set the goal for 2025-26 at around Rs 19,000 crore. The company is also
Prominent real estate developers and brand experts have called for an amicable resolution to the legal battle between the Lodha brothers, Abhishek and Abhinandan, over the use of the family name in their respective businesses. Abhishek Lodha’s Macrotech Developers recently filed a petition in the Bombay High Court against Abhinandan Lodha’s firm, alleging misuse of
In spite of the significant rise in housing prices across Indian cities in 2024, homebuyers continue their quest for bigger living spaces. Latest ANAROCK data shows that average flat sizes in the top 7 cities rose by 8% annually in 2024 – from 1,420 sq. ft. in 2023 to 1,540 sq. ft. in 2024. Back
Donald Trump taking the oath as the US President for the second time saw US markets soar. The entire world watched closely how Trump might shape his possible economic policies. There were concerns that if Trump implemented his protectionist policies, as widely anticipated by experts, it could impact the global economy and markets adversely, though