This analysis is based on a common sample of 19 listed real estate companies that are part of the BSE500, BSE Midcap, and BSE Smallcap indices

real estate, construction, rate hike, interest rate hike

Business Standard

S&P said that India will be the fastest-growing emerging market in the world, but its paramount test will be whether the country can become the next big global manufacturing hub

indian gdp, indian gdp growth

Last month, the Federation of Indian Export Organisations (FIEO), as part of its recommendation for the services sector, urged the government to introduce measures to empower small businesses

india uk trade

The BJP has twice now won majorities in India's parliament by sweeping almost every constituency in the north and the west of the country

PM Modi, Narendra Modi

Bloomberg

Counterpoint estimates that Xiaomi will also be behind its Chinese competitor, Vivo, which has marginally increased its market share from 16 per cent in CY22 to a projected 17 per cent in CY23

Samsung

Air India pilot unions IPG and ICPA on Saturday expressed "deep concern" over the flight duty and rest period scheme adopted by the Tata Group airline, accusing the carrier of deviating from the DGCA-approved norms.
The two unions -- Indian Pilots' Guild (IPG) and Indian Commercial Pilots' Association (ICPA) -- in a joint communication to the Directorate General of Civil Aviation also alleged that the introduction of a side policy, along with the flight duty time limitation (FDTL) scheme, by Air India seems to "undermine the authority and purpose" of the DGCA approval.
The pilot unions have also sought a review and assessment of the issue by the DGCA, requesting it to take appropriate measures to address the matter.
Pilots and cabin crew's flight duty time limitations are governed by the aviation safety regulator DGCA, which proposed more rest hours for the pilots last month.
In recent months, the issue of fatigue has been in focus, especially after the death of an IndiGo pilot, wh

Air India

Press Trust of India

The government is planning to approve setting up of 10-11 testing laboratories across the country to ensure high quality of cotton and textiles for both the domestic consumers as well as for the export markets, Union Minister Piyush Goyal said on Saturday.
"I have discussed with the Textile Ministry, the Consumer Affairs Department, who will work together with the Bureau of Indian Standards (BIS) for setting up high quality cotton and textile testing laboratories," Goyal, the Union Minister for Textiles, Commerce and Industry, Consumer Affairs and Food and Public Distribution, said.
"In the next 15 days, by December 16, we will approve a series of laboratories across the country with an investment of about USD 6-7 million," he said.
Addressing the four-day 81st Plenary Meeting of the International Cotton Advisory Committee (ICAC) that started on Saturday, the minister said, "We want the most modern and high-quality testing laboratories to come up in different parts of the country, s

cotton yarn, cotton, textile, clothes

An earthquake with a preliminary magnitude of 7.6 struck on Saturday off the cost of the Philippines island of Mindanao. A tsunami warning was issued.
The quake struck at 10:37 p.m. and was measured at a moderate depth of 32 kilometers (20 miles).
The Pacific Tsunami Warning Centre said based on the magnitude and location it expected tsunami waves to hit the Philippines, Indonesia, Palau and Malaysia.

Earthquake, quake

The Minister further added that the Emergency Service Ambulance (108) is receiving more than 173 cardiac emergency calls every day, in which youth are the biggest victims

How cardiac arrest is different from a heart attack and heart failure?

Heart attack

State-owned insurer LIC on Saturday said it has amended a framework to allow the induction of shareholders' directors on its board.
LIC was listed on bourses following the largest initial public offering in the Indian capital market last year. The government raised Rs 20,557 crore by diluting its 3.5 per cent stake in the insurer.
Life Insurance Corporation of India (shareholders' director) Regulations, 2023, was notified in the Gazette of India on December 1, 2023, LIC said in a regulatory filing.
The corporation would, upon notice of not less than one thousand shareholders or one-tenth of the total number of shareholders, whichever is lower, elect a shareholders' director through a general meeting of such shareholders, the regulation said.
The person elected as a shareholders' director would be appointed by the board for a term of 4 years and eligible for re-election and re-appointment for another term of 4 years, it added.
At present, LIC has five executive directors, including

LIC. life insurance corporation

Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes

Economic growth

If the Indian government believes this is how to build an EV-manufacturing ecosystem, however, it ought to think again

Elon Musk

Denim brand Pepe Jeans London is aiming for sales of around Rs 2,000 crore from the Indian market and plans to expand its retail network by adding over 100 stores in the next three years, its India MD and CEO Manish Kapoor said.
Pepe Jeans London, owned by Spanish global fashion group AWWG, is "very buoyant" for the Indian market, and aims to grow at 18-20 per cent compound annual growth rate (CAGR) in the next three to five years, Kapoor told PTI.
As part of the strategy, Pepe Jeans is now focusing on the expansion of its network of brand stores and fast-growing e-commerce channels. Pepe Jeans expects 55 per cent of its business to come directly by selling to consumers from its own sales channels.
Over Pepe Jeans' expansion plans, Kapoor told PTI, "We will add 100 odd stores in the next three years and in terms of a turnover, we are looking at a CAGR growth of 18 to 20 per cent. So we should be almost around Rs 2,000 crore of consumer sales in three years."
When asked about sales

Pepe Jeans, Jeans

It's counter-intuitive, but Modi's own popularity has grown with the length of his tenure. He had always seemed the front-runner by some distance for 2024, and this gives him more tailwind

Prime Minister Narendra Modi, PM Modi

With benefits like complimentary memberships to luxury hotels, access to premium golf courses, VIP airport assistance, etc., these cards  offer great value to those who lead a luxurious lifestyle

Credit card

Of the five states that went to the polls, Congress won a majority in Telangana

Telangana Congress President A. Revanth Reddy

Meet the Most Preferred Workplaces 2023-24, crafting new growth paradigms

cardiovascular

Domestic carriers recorded a lower on-time performance (OTP) on Monday following flight disruptions caused by the cyclone in Chennai

Chennai Airport segregates air traffic controllers

Hiranandani group-owned data centre company Yotta Data Services plans to install over 20,400 NVIDIA GPU-based super computers by June 2024, the company said on Tuesday.
GPU (Graphics Processing Unit), which are used for processing multimedia content, have become the main chipsets for processing artificial intelligence technology-related data and there is a shortage of these chipsets across the globe.
NVIDIA at present dominates the market globally with about 88 per cent share.
Yotta Data Services in a statement said that it has collaborated with NVIDIA to deliver cutting-edge GPU computing infrastructure and platforms for its Shakti Cloud platform which will be the fastest super-computer in the country with 16 Exaflops AI computing power.
"Yotta has already placed a large order for NVIDIA H100 Tensor Core GPUs, a powerful GPU for AI and HPC workloads, and plans to go operational with 4096 GPUs by January 2024 and 16,384 GPUs by June 2024," the statement said.
The collaboration wil

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Revanth Reddy to be Telangana chief minister, swearing-in on Thursday

Meet the Most Preferred Workplaces 2023-24, crafting new growth paradigms

Amid increase in deaths due to cardiac arrests, govt to start CPR training

Chennai airport resumes flight ops a day after Cyclone Michaung disruption

Hiranandani's Yotta Data to install over 20,400 NVIDIA GPUs by June 2024

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Realty sector's inventory surges to over Rs 1 trn, outpacing sales growth

India set to become third-largest economy by 2030: S&P Global Ratings

Trade strategy on table to achieve exports target of $2 trillion by 2030

State results show BJP in pole position but the Opposition can still fight

Samsung set to dislodge Xiaomi as top smartphone player by volume

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