NEW DELHI: The National Capital Region (NCR) continues to dominate India’s real estate growth story, with its vast urban expanse spanning over 50,000 sq. km across four states. After a prolonged period of sluggishness post-2014, the region’s residential sector has witnessed a significant turnaround, driven by landmark reforms and a resurgence in end-user and investor…
NEW DELHI: The Central government has introduced changes to the Income Tax Act, 1961, expanding the scope of the Tax Collected at Source (TCS) on luxury goods. Starting April 22, 2025, TCS will be applicable to ‘specified range’ of luxury goods valued over ten lakh rupees, including items like wristwatches, art pieces, yachts, and more….
US markets opened on a mixed note Thursday morning as investors closely monitored ongoing signals about global trade negotiations, particularly between the United States and China.Lingering uncertainty around tariff talks, paired with cautious sentiment from key officials, continued to shape investor behaviour across asset classes.As of 9:42 AM GMT-4, US stock markets showed a mixed…
India could become the first country to strike a bilateral trade deal with the United States under President Donald Trump’s push for “reciprocal” tariffs, US treasury secretary Scott Bessent said.Speaking to a group of reporters in Washington on Wednesday, Bessent suggested that negotiations with India were “very close” to a breakthrough, reaching a successful conclusion…
Cement maker ACC Ltd on Wednesday reported a 20.4 per cent decline in consolidated net profit to Rs 751.04 crore during the March quarter. The company had posted a profit of Rs 943.39 crore in the year-ago period, according to a regulatory filing from ACC, which is now a part of Adani Cement. Its revenue…
The tariffs introduced under US President Donald Trump’s administration could drag down India’s economic growth by as much as half a percentage point, finance secretary Seth said.Speaking in Washington, Seth said the measures may shave off between 0.2 to 0.5 percentage points from GDP growth.“Now there is a sign of that… we grow about 6.5%…
Elon Musk is facing one of his toughest tests yet: restoring confidence in Tesla’s brand. The electric carmaker has seen its profits plunge by 71 percent in the first quarter of 2025, driven largely by a backlash against Musk’s political affiliations and controversial role in President Donald Trump’s administration.Sales of Tesla vehicles across Europe have…
NEW DELHI: Nestle India Ltd on Thursday reported 6.5 per cent decline in consolidated net profit at Rs 873.46 crore for March quarter FY25 as the FMCG industry faced food inflation and moderation in urban consumption.The company posted a profit of Rs 934.17 crore for the January-March period a year ago, according to a regulatory…
Gold price today:The purchasing activities of global central banks and substantial increases in ETF inflows are expected to provide support for gold prices. (AI image) Gold rate today: Following US President Donald Trump’s remarks regarding China and the Fed Chairman, gold prices have experienced a substantial decline of Rs 3,800 within two days. After Wednesday’s…
Gold prices are hitting lifetime highs and India Inc veterans have been hailing Indian homemakers for their wisdom in storing the yellow metal. In a post on X (formerly Twitter) industrialist Harsh Goenka lauded his wife’s gold investment strategy. This comes at a time when gold prices have crossed the Rs 1 lakh mark.The RPG…
