Two homes owned by Raveendran's family in Bengaluru, in southern India, and his under-construction villa in Epsilon, a plush gated community in the city, were offered as collateral to borrow $12 mn

Byju Raveendran

Bloomberg

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

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

Power-to-port conglomerate's mcap nears Rs 12 trillion

adani group

Counter-terrorism police in Pakistan on Saturday claimed to have foiled a major terror plot to target key installations in the Punjab province by arresting 14 suspected terrorists from different banned terror groups, including the ISI and TTP.
The Counter Terrorism Department (CTD) Punjab said it conducted 147 intelligence-based operations in different districts of the province in which 14 alleged terrorists were arrested with weapons, explosives and other prohibited materials.
"The Punjab province has foiled a major terror plot by arresting 14 suspected terrorists linked with the banned outfits during operations in different areas of Punjab," a CTD spokesperson said in a statement issued here.
The arrests were made during intelligence-based operations in Gujranwala, Bahawalpur, Sahiwal, Faisalabad, Sargodha and Lahore cities, he said.
Most of the terrorists belong to the banned organisations -- Daesh  (ISIS) and Tehreek-e-Taliban Pakistan (TTP) -- while the others had links with t

terrorist, terrorism, crime

Press Trust of India

Prime Minister Narendra Modi met Qatar's Amir Sheikh Tamim bin Hamad Al-Thani on the sidelines of the COP28 summit in Dubai on Friday, as they discussed bilateral partnership and the well-being of the Indian community in the oil-rich country.
The meeting is significant as eight former Indian Navy personnel were on October 26 given death sentences by a court in Qatar and the Indian government has reportedly filed an appeal against the sentence.
"On the sidelines of the COP28 Summit in Dubai yesterday, had the opportunity to meet HH Sheikh @TamimBinHamad, the Amir of Qatar.
"We had a good conversation on the potential of bilateral partnership and the well-being of the Indian community in Qatar," Modi posted on X on Saturday.
The Indian nationals, who worked with private company Al Dahra, were arrested in August last year reportedly in an alleged case of espionage. Neither the Qatari authorities nor New Delhi made the charges against the Indian nationals public.
India had described t

modi, qatar

Patna Pirates are the most successful team in PKL history, winning the title three times and reaching the final a record four times

Sachin from Patna Pirates (Photo: Twitter/ @PatnaPirates)

At least three persons, including two grocers, have been arrested, days after five persons died due to suspected consumption of an Ayurvedic syrup containing methanol sold by their shop in Gujarat's Kheda district, police said on Saturday.
Two others, who had supplied bottles of the syrup, are yet to be arrested.
The shop had sold bottles of the syrup to at least 50 persons, as per the preliminary investigation.
A five-member special investigation team (SIT) led by Deputy Superintendent of Police, Nadiad, was formed to investigate the case, said Kheda district Superintendent of Police Rajesh Gadhiya.
"We have arrested Kishor Sodha and his brother Ishwar Sodha, the owners of the grocery store which sold the suspected syrup to the victims. When the duo was questioned, they identified one Yogesh Sindhi as the person who supplied them with the syrup. All three were arrested yesterday (Friday)," Gadhiya told reporters.
Sindhi disclosed the names of Nitin Kotwani and Bhavesh Shevkani fr

cough syrup, medicine, cold

Delhi Mayor Shelly Oberoi on Saturday announced the exemption of house or property tax for the residential areas across the MCD's rural jurisdiction.
The Municipal Corporation of Delhi (MCD) will not collect any house tax from 'lal dora' or extended 'lal dora' properties in the rural areas, Oberoi told a press conference here.
"The MCD will neither send notice nor collect property tax from the residential areas whether it be under 'lal dora' or extended 'lal dora' in all its villages. This is a big relief from CM Arvind Kejriwal for the people of Delhi residing in the rural areas," she said.
Oberoi added the tax levied on the commercial properties in the rural areas will, however, continue to remain the same.
Around 2,168 roads in Delhi's rural areas are notified under the MCD and the commercial properties on these roads will continue to pay property tax.
The decision has been taken after a panchayat of Delhi's 360 villages was held on September 3 to discuss the issue of property 

Taxes

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

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

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

Elon Musk

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

The ever-milling modern-day sport does not allow extended celebrations and India, in the immediate aftermath of their T20I series triumph, will have to hit game-mode and treat the fifth match against Australia here Sunday as a workshop to fit two key pieces in their grooves ahead of an exacting assignment.
Shreyas Iyer and Deepak Chahar will have significant roles to play in the T20Is against South Africa, beginning on December 10.
In that context, the Indian think-tank will be eager to see them firing in their last competitive outing before facing the Proteas at Durban.
Iyer might have been in grand touch during the recent 50-over World Cup, but the Raipur T20I on Friday was the Mumbaikar's first international match in the shortest format in over a year after playing against New Zealand at Napier last November.
The rust was visible while making a 7-ball eight without a single boundary.
So, Iyer will be looking to rack in some runs and he will be longing for an outing at the ...

Rinku Singh, Axar Patel star as India win the fourth T20I against Australia. Catch Highlights here. Photo: BCCI

Rinku Singh, Axar Patel

Apple asked officials to exempt existing iPhone models from the rules, warning it will otherwise struggle to meet production targets set under PLI scheme

Apple, Apple Logo

Reuters

The collections of Meghna Gulzar's directorial Sam Bahadur dipped further, coming down to just 3.5 crore on Day 4. The total collection is yet to touch 30 crore mark

Sam Bahadur 2023

BS Rich Content

Animal movie continues its magic at the box office and is likely to cross Rs 250 crore net in India. The movie has a run time of 201 minutes

Animal movie

The Enforcement Directorate (ED) has confiscated assets worth Rs 15,186.64 crore under the stringent prevention of money laundering law and almost all of these have been restituted to public sector banks, Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday.
Replying to supplementary questions in the Rajya Sabha, the minister said specific actions through various legal provisions are being taken against defaulters and as a result, "huge monies" are going back to the banks.
Sitharaman informed the House that as of March 31, 2023, legal suits were filed for recovery against 13,978 loan accounts, action under the SARFAESI Act has been initiated in 11,483 cases, FIRs have been filed in 5,674 cases, and an aggregate amount of Rs 33,801 crore has been recovered.
"As of December 1, 2023, assets amounting to Rs 15,186.64 crores under the PMLA have been confiscated by the ED out of which Rs 15,183.77 crores have been restituted to the Public Sector Banks," she said.
Chair

Nirmala Sitharaman, Rajya Sabha

Right-wing group Shri Rashtriya Rajput Karni Sena's president Sukhdev Singh Gogamedi was shot dead by unidentified assailants here on Tuesday, police said.
According to police, the incident took place in the Shyam Nagar area this afternoon.
"As per initial reports, four people entered a house where Gogamedi was present and opened fire at him. One of Gogamedi's security personnel and another person were injured in the firing," Rajasthan Director General of Police (DGP) Umesh Mishra told PTI.
Jaipur Police Commissioner Biju George Joseph told PTI that Gogamedi was rushed to a private hospital, where he succumbed to his injuries.

Rashtriya Rajput Karni Sena activists, Karni Sena, Rajput activists

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Apple warns India's EU-style charger rules will hit local production target

Sam Bahadur Box Office Collection Day 5: Movie continues to struggle

Animal Movie Collection Day 5: Animal continues its roar at the box office

PSBs get back Rs 15,183 cr following ED action under PMLA: Sitharaman

Rashtriya Rajput Karni Sena chief Sukhdev Gogamedi shot dead in Jaipur

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Byju's founder Raveendran pledges homes to raise funds for staff salaries

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

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

Adani group adds Rs 73,000 crore in mcap as investors lap up shares

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