Page 1448 - Latest News
Be careful while travelling through China, India warns its citizens
India has advised citizens to use discretion when travelling through China after an Arunachal Pradesh traveller alleged harassment during transit in Shanghai
 "Be careful while travelling through China, India warns its citizens")
India home prices to rise 6%, luxury boom seen fading within 5 years: Poll
India is short of about 10 million affordable homes, a gap that is projected to triple by 2030, according to Knight Frank, a real estate consultancy
 "India home prices to rise 6%, luxury boom seen fading within 5 years: Poll")
₹3.9 lakh/home: Tier-2 spend hits 74% of metro levels in home interiors mkt
Furniture, modular formats take 45% share of India's ₹2.75-lakh-cr market
 "₹3.9 lakh/home: Tier-2 spend hits 74% of metro levels in home interiors mkt")
Elon Musk calls for abolishing the EU after the bloc fined X for $140 mn
On December 5, the European Union issued a ruling against X, following a two-year investigation under the Digital Services Act (DSA), adopted in 2022 to regulate online platforms
 "Elon Musk calls for abolishing the EU after the bloc fined X for $140 mn")
IPO alert! Citius Transnet Investment Trust files draft papers with Sebi
The proposed offer, comprising units aggregating up to ₹1,340 crore, includes a strategic investor portion capped at 25 per cent of the total issue size
 "IPO alert! Citius Transnet Investment Trust files draft papers with Sebi")
B&K backs Hindustan Zinc on low-cost operations, silver-driven earnings
The firm has set a target price of ₹610 for HZL, valuing the zinc and lead businesses at 9x EV/Ebitda and the silver segment at 15x EV/Ebitda on FY28E estimates
 "B&K backs Hindustan Zinc on low-cost operations, silver-driven earnings")
Shiv Sena, BJP tie-up possible for municipal elections in Mumbai, elsewhere
At the meeting attended by BJP leaders Chandrashekhar Bawankule and Ravindra Chavan in Nagpur, it was also agreed that the BJP and Shiv Sena will not poach each other's leaders and workers
 "Shiv Sena, BJP tie-up possible for municipal elections in Mumbai, elsewhere")
Home loan relief after RBI move: HDFC Bank, PNB, BoB and others cut rates
Major lenders are lowering their loan rates, providing immediate relief to existing borrowers and improving the outlook for the retail credit market
 "Home loan relief after RBI move: HDFC Bank, PNB, BoB and others cut rates")
India's investing awakening: SIPs, Gen Z and the ₹300-lakh-crore MF dream
From FDs to funds: India's investing culture hits a generational turning point
 "India's investing awakening: SIPs, Gen Z and the ₹300-lakh-crore MF dream")
Aequs IPO listing on December 10: Here's what latest GMP indicates
Ahead of its listing, the unlisted shares of Aequs were trading at around ₹152 per share in the grey market, indicating a premium of ₹28 or 22.6 per cent
 "Aequs IPO listing on December 10: Here's what latest GMP indicates")
Delhivery rises 4% on rolling out 'Delhivery International' for Indian MSME
Around 1 PM, Delhivery shares were trading at day's high level, up 3.96 per cent at ₹412.50. In comparison, BSE Sensex was trading 0.36 per cent lower at 84,795.25 levels.
 "Delhivery rises 4% on rolling out 'Delhivery International' for Indian MSME")
Deloitte India launches AI-based tax research platform Tax Pragya
Deloitte has launched Tax Pragya, an AI-based tax research and summarisation platform trained on 1.2 million cases and Deloitte content to support income tax, GST and transfer pricing work
 "Deloitte India launches AI-based tax research platform Tax Pragya")
Cyclone Ditwah: US provides immediate $2 million emergency aid to Sri Lanka
The US military deployed a range of personnel, aircraft and logistical support capabilities to assist with lifesaving and life-sustaining humanitarian operations
 "Cyclone Ditwah: US provides immediate $2 million emergency aid to Sri Lanka")
No airline will be allowed to cause hardship to passengers: Naidu
Civil Aviation Minister Ram Mohan Naidu said that IndiGo's internal rostering disruptions led to large-scale cancellations, causing inconvenience to thousands of passengers
 "No airline will be allowed to cause hardship to passengers: Naidu")
Swiggy shares rise 3% after shareholders approve ₹10,000-crore QIP
Swiggy shares rose 3 per cent after its shareholders approved raising up to ₹10,000 crore via qualified institutional placement
 "Swiggy shares rise 3% after shareholders approve ₹10,000-crore QIP")
Tata Motors rallies 3%, hits new high; surpasses TMPV in market cap ranking
In the past two weeks, Tata Motors has rallied 17 per cent, as compared to 3 per cent market price decline in Tata Motors Passenger Vehicles (TMPV).
 "Tata Motors rallies 3%, hits new high; surpasses TMPV in market cap ranking")
Vietnam's Vingroup plans $3 bn investment in Telangana across sectors
Conglomerate proposes phased investments spanning electric taxi fleet, a mobility platform, social infra and renewable energy
 "Vietnam's Vingroup plans $3 bn investment in Telangana across sectors")
North leads in motor insurance claims; EV repair may cost Rs 39,000: Report
Cost of repairs and claim frequency, coupled with extreme traffic density in North India, are the primary drivers of escalating motor insurance losses
 "North leads in motor insurance claims; EV repair may cost Rs 39,000: Report")
India, Sweden launch 7 projects to drive decarbonisation in steel, cement
As India advances towards its 2070 net-zero target, reducing emissions from these sectors will be essential to support the country's infrastructure development and long-term climate ambitions
 "India, Sweden launch 7 projects to drive decarbonisation in steel, cement")
Inside China's wireless train convoy hauling cargo equal to 3 Eiffel Towers
China has tested a wireless train convoy on the Baoshen Railway, moving seven freight trains carrying 35,000 tonnes, equal to three Eiffel Towers, safely in close formation
 "Inside China's wireless train convoy hauling cargo equal to 3 Eiffel Towers")