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‘Domestic savers to offset foreign investor exodus’: experts

Foreign portfolio investors may have rushed to the exit door in record numbers this October, but experts expect domestic investors and pension funds to offset their plays over the medium term




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Russian oil finds its way to Europe via India; India now biggest exporter of fuel to EU

India has become the second biggest buyer of Russian crude oil since the invasion, with purchases rising from less than 1% of the total oil imported in the pre-Ukraine war period to almost 40% of the country's total oil purchases




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Rupee falls 1 paisa to all-time low of 84.38 against U.S. dollar in early trade

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows




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CCI probe: Zomato, Swiggy say committed to complying with competition law

Zomato and Swiggy termed news reports on the Competition Commission of India's (CCI) investigation "misleading", maintaining that the CCI is yet to pass its final order on the matter of unfair business practices, including alleged preferential treatment to some restaurant partners




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As its industry struggles, Germany services sector offers untapped growth potential




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Rupee falls 2 paise to hit new all-time low of 84.39 against U.S. dollar

The rupee hits new lifetime low of 84.39 against USD, weighed down by foreign fund outflows and equities




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Stanchart opens second International Banking Centre in Chennai




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RPL stock case: SC dismisses SEBI's appeal against SAT order giving relief to Mukesh Ambani




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Karur Vysya Bank hopes to continue growth momentum in H2




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Carl Zeiss AG sets up maiden GCC in India; to scale up people front to 5,000 by 2027




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Rupee falls 2 paise to all-time low of 84.40 against U.S. dollar in early trade

Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank of India likely limiting any significant downside




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Carl Zeiss to help 1,00,000 persons with nearsightedness in rural Karnataka

The German company inaugurated its maiden Global Capability Centre (GCC) in India in Bengaluru




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Bitcoin has topped $87,000 for a new record high. What to know about crypto’s post-election rally

As money continues to pour into crypto following Donald Trump’s election victory, bitcoin has climbed to yet another record high




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Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar

A SBI research report on November 11, 2024 said that the rupee may depreciate 8-10% against the US dollar during the Trump 2.0 regime.




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Late-winter snowstorm in Northwest Europe

The Arctic cold wave has made a late-winter dip towards far south of the normal to trigger the latest snowstorm across Northwest Europe, which is on a roll even as one is about to post this blog . This is akin to early-February freaky weather brought about by southward-dipping western disturbances (which are eastward-perturbations of the cold waves striking Northwest and South Europe)over Central and adjoining Peninsular India.




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Pete’s Dragon: a winsome Disney adventure




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Akira: breaks bones, but not stereotypes

'Akira' is yet another film in which being a strong woman essentially means having to suffer and sacrifice




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Ammani — Mother superior

It’s like those Rajinikanth movies where he does everything for his siblings and children.




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Doctor Strange: special effects and a great story

‘Doctor Strange’ is a subverted superhero film with plenty to look and laugh at.




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Aavu Puli Madhyalo Prabhas Pelli: Waste of time




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'Secret Superstar' quick review




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‘Aavasavyuham’ movie review: Fantasy and realism find a perfect balance in this surreal mockumentary

Krishand RK’s award-winning ‘Aavasavyuham’ is on the environment and man’s innate link with nature




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‘Balagam’ movie review: Death and drama, wrapped in humour

‘Balagam’, first-time director Venu Yeldandi’s Telugu indie-style drama starring Priyadarshi, is outrageously funny while holding a mirror to fractured familial ties and human behaviour




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‘Dayaa’ web series review: A solid thriller drama series that has scope for a brilliant follow-up 

Director Pavan Sadineni’s Telugu web series ‘Dayaa’, headlined by J D Chakravarthy’s restrained brilliance, is a gritty series that can leave viewers curious to know more




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‘Peddha Kapu 1’ movie review: A tedious depiction of the rise of common man

Director Srikanth Addala’s ‘Peddha Kapu 1’ is a patience-testing, messy portrayal of the rise of a common man amid class, caste and power struggles 




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Realty firm Kolte-Patil Developers CFO Khiroda Jena resigns

Jena has resigned to "pursue professional opportunities outside the organiszation".




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Macrotech Developers’ net debt rises 43.5% in Q1 on higher capex for land, construction




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Arihant partners with Empee Hotels to build new commercial space in Chennai

This project will integrate office space with hospitality services, says a release




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Bengaluru residential property micromarkets witness record hike in prices: Report

Prices in Bagaluru in North Bengaluru have surged by nearly 90 per cent in the past five years, while Whitefield has seen an 80 per cent rise in prices




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Shriram Properties to quadruple profit, triple revenue by FY27

“Shriram Properties will embrace the new era under the banner SPLNxT to reposition the brand; enhance focus on mid-market and mid-premium segments, and accelerate growth”




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Godrej Properties wins ₹515 crore bid for two residential plots in Gurugram

The company also won auctions for two land parcels in Greater Noida in the current quarter




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Brookfield-led consortium completes acquisition of American Tower’s operations in India

The acquisition, valued at $2.2 billion, encompasses approximately 76,000 communications sites, solidifying the consortium’s commitment to advancing India’s connectivity




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Shriram Properties launches 1.1 million sq ft residential project in Chennai

“Located in the rapidly growing West Chennai corridor, this RERA-approved development offers a total saleable area of 1.1 million sq ft (msf) and has a revenue potential of around ₹550 crore to ₹600 crores”




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Housing sales dipped 11% in Jul-Sept, average prices up by 23% in top 7 cities: Anarock

Among the top 7 cities, Hyderabad saw the highest jump of 32 per cent in average residential property prices




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Property Share files for first SM REIT scheme to raise ₹353 crore

Property Share Investment Trust introduces PropShare Platina, a real estate investment scheme with high returns in Bengaluru




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Mumbai property sales in September fall due to ‘shraadh’ period

The shraadh period this year started on September 18 and ends this week on October 3




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Godrej Properties achieves record bookings of ₹5,200 crore in Q2 FY25

Godrej Properties witnessed an 89% increase in bookings year-on-year in the first half of FY25, amounting to ₹13,800 crore, surpassing its full-year booking guidance’s halfway mark and its previous annual bookings in FY23




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Brigade Enterprises to build a high-rise residential project at Perambur by investing ₹620 crore

It acquired the land from PVP ventures




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Godrej Properties acquires six land parcels in Jul-Sep to build projects worth ₹9,650 crore

Godrej Properties’ business development additions of ₹12,650 crore in April-September ensure a strong launch pipeline for years to come, says company’s MD & CEO Gaurav Pandey




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Interest subsidy to be provided only once for a property under PMAY-U 2.0

Affordable housing transactions could be impacted due to clause




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Godrej Properties wins bid for 6.5-acre land parcel in Mumbai’s Kharghar, stock advances 

The developer plans to build a premium residential project with an estimated revenue potential of ₹3,500 crore




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Housr plans to open around 30 co-living centres with 3,000 beds

Housr aims to have over 8,000 beds in 100 properties by March 2025




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Baashyaam to invest ₹420 crore to develop the commercial-cum-residential property Crowne Plaza

The units in the property, which once used to be a famous hotel, will be one of the costliest in the city




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Hyderabad real estate developers shake off HYDRAA blues

The body said that CM Revanth Reddy’s assurance that buildings with approvals will not be touched has instilled confidence in investors




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Godrej Properties Q2 net profit surges fivefold; bottomline aided by deferred tax liability

During the quarter, Godrej Properties sold houses worth ₹5,198 crore, up 3 per cent on year while collections rose 68 per cent to ₹4,005 crore




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Housing loan growth slows as interest rates and property prices surge

Recent data from the RBI on gross bank credit by major sectors shows that the year-on-year growth in housing loans was 13.1 per cent in August 2024, a steep drop from 40.5 per cent in August 2023.




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DLF Q2 consolidated net profit up 121 per cent

Consolidated revenues saw a 48 per cent increase y-o-y to ₹2,181 crore. It stood at ₹1,477 crore in the year-ago-period.




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Macrotech Developers to initiate housing projects worth ₹10,000 crore by March in MMR, Pune, Bengaluru

New projects come in the wake of Macrotech Developers reporting a 21 per cent increase in sales bookings to a record ₹4,290 crore during the July-September period earlier this month




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Property prices rise across cities fuelled by demand, costs, rental yields

A major reason for the spike in prices is also due to higher construction costs




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DLF to invest ₹8,000 cr to build super-luxury project in Gurugram

The company will develop around 420 apartments in this project