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Новости за 18.06.2024

Low unsold housing stock makes room to absorb slower pre-sales growth

Economictimes.indiatimes.com 

The tier I residential real estate inventory in India's top eight cities remains manageable, with a quarter-to-sales ratio of 11, lower than the six-year high of 13. Pune and Bengaluru have favorable unsold stock levels, while Mumbai and Chennai face high inventory build-up. Despite strong pre-sales and housing launches in FY24, the absorption rate remains comfortable. Pre-sales for tier-1 players grew 71% on-year in March. Collections increased by 29%, although leverage remains high. The gross debt... Читать дальше...

PM Modi to inaugurate new campus of Nalanda University tomorrow in a major soft power push

Economictimes.indiatimes.com 

Prime Minister Narendra Modi is set to inaugurate the new campus of Nalanda University, an international institution located near the ancient ruins of Nalanda in Rajgir, Bihar, on Wednesday. The university was established by the Parliament of India under the Nalanda University Act, 2010, following decisions made at the 2nd and 4th East Asia Summits to create an international center for intellectual and spiritual studies.

Infrastructure, digitisation and spiritual tourism to drive realty in smaller towns: Colliers report

Economictimes.indiatimes.com 

The real estate sector in India is experiencing a transformation, with smaller towns becoming vital to the economy due to enhanced infrastructure, affordable property, skilled labor, and government support. Forecasts suggest the sector could reach $1 trillion by 2030 and potentially $5 trillion by 2050, contributing 14-16% to GDP. Colliers report projects urban growth with nearly 100 cities having over a million inhabitants by 2050, driven by factors like infrastructure, digitisation, and changing office trends.



High yield credit investing due for exponential growth in India

Economictimes.indiatimes.com 

High Yield Credit funds, also called 'Performing Credit' funds, primarily invest in bonds issued by SMEs or structured corporate issuances. These bonds are typically bilateral agreements between issuers and investors, characterized by low liquidity, which translates into higher yields for investors.

8 offbeat monsoon getaways from Delhi-NCR

Economictimes.indiatimes.com 

Best monsoon getaways from Delhi NCR for a soothing and peaceful experience away from crowds and chaos. Non crowded monsoon getaways from Delhi NCR

Assam CM reviews progress of Rs. 375 crore Mother & Child Hospital wing at GMCH

Economictimes.indiatimes.com 

Assam Chief Minister Himanta Biswa Sarma visited Gauhati Medical College & Hospital to review the construction of the new Mother & Child Hospital wing, costing Rs. 375 crores. This eight-floor facility aims to address the rising number of maternal and pediatric cases. During a meeting with health officials, Sarma discussed faculty recruitment and capacity expansion. He highlighted that 70% of the construction is complete, with the rest expected by April 2025. Sarma also emphasized improving... Читать дальше...

NEET exam controversy: SC issues notice to NTA & Centre, seeks response on alleged paper leaks

Economictimes.indiatimes.com 

NEET paper leak: The Supreme Court has issued a notice to the National Testing Agency (NTA) and the Central government regarding alleged paper leaks and malpractices in the NEET-UG exam. This follows growing concerns from parents and teachers about grace marks awarded to 1,563 students. Union Education Minister Dharmendra Pradhan promised stringent action against any NTA officials found guilty of misconduct.

NEET exam controversy: SC issues notice to NTA, Centre seeking response on alleged paper leaks

Economictimes.indiatimes.com 

The Supreme Court has issued a notice to the National Testing Agency (NTA) and the Central government regarding alleged paper leaks and malpractices in the NEET-UG exam. This follows growing concerns from parents and teachers about grace marks awarded to 1,563 students. Union Education Minister Dharmendra Pradhan promised stringent action against any NTA officials found guilty of misconduct.

Rahul Gandhi informs Lok Sabha Speaker's office about retaining Raebareli seat

Economictimes.indiatimes.com 

Earlier on Monday, Congress chief Mallikarjun Kharge announced Priyanka Gandhi's candidature from Wayanad at a special press conference. If Priyanka Gandhi wins from Wayanad, three members of the Nehru-Gandhi family will be in Parliament - Sonia Gandhi in Rajya Sabha and Rahul Gandhi and Priyanka Gandhi in the Lok Sabha.

Hyundai has the same fear like Tata Motors & Mahindra about petrol, diesel cars

Economictimes.indiatimes.com 

Hyundai has joined Tata Motors and Mahindra & Mahindra in opposing tax breaks for hybrid vehicles in India, arguing it could disrupt the market for petrol and diesel cars. Japanese carmakers support lower taxes on strong hybrids, citing emissions reduction and fuel efficiency benefits. The debate underscores the auto industry's shift towards more sustainable technologies.

Shimla water crisis: Tourist-packed hotels scramble for water as supplies drop sharply

Economictimes.indiatimes.com 

This summer, extreme heat waves have hit India's northwest region, worsening a severe water crisis in Himachal Pradesh, especially in Shimla. The city, which usually needs 43 million liters of water daily, now receives only about 30 million liters, necessitating water rationing every 3-4 days. The demand spikes to 48 million liters during the tourist season. Hotels are buying water from private tankers.

7 unique sweets found only in India

Economictimes.indiatimes.com 

India is renowned for its diverse and rich culinary heritage, especially its sweets. Here are seven unique sweets that are quintessentially Indian and largely found only in India

Sebi plans tweaks to address derivative trading risks: Report

Economictimes.indiatimes.com 

India's markets regulator, SEBI, is considering tweaks to derivative trading rules to address risks from the explosive growth in options trading. The rules aim to regulate retail trading and involve discussions with fund houses.

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Москва

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Musk plans stock option grants to Tesla's high-performers: Report

Economictimes.indiatimes.com 

Elon Musk plans to introduce stock-based compensation at Tesla following shareholder approval of his $56 billion pay plan. The company aims to provide stock option grants for exceptional performance and award spot option grants for outstanding contributions amidst sales slowdown and intensifying price competition from Chinese rivals.

Biocon, ABB India among 5 stocks with short buildup

Economictimes.indiatimes.com 

I​n Tuesday's trading session, five stocks saw increased open interest and trading volumes despite falling prices, indicating a short buildup as investors anticipate further declines, prompting fresh short positions in the Futures and Options segment.

Boeing CEO David Calhoun scheduled to field questions about plane safety from US senators

Economictimes.indiatimes.com 

The hearing will mark the first appearance before Congress by Calhoun - or any other high-ranking Boeing official - since a panel blew out of a 737 Max during an Alaska Airlines flight in January. No one was seriously injured in the incident, but it raised fresh concerns about the company's best-selling commercial aircraft.


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