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Real Estate Sector Anticipates Key Reforms in Union Budget 2025-26 to Drive Growth and Affordability

Kolkata, January10, 2025: With the Union Budget 2025-26 approaching, India’s real estate sector is eagerly anticipating reforms that could drive growth, enhance affordability for homebuyers, and stabilize financial conditions for developers. Contributing approximately 8% to the nation’s GDP, the real estate sector plays a vital role in generating employment and fostering infrastructure development, making it…

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Market Takes a Hit: Sensex Sinks 528 Points

Mumbai, January9, 2025: The BSE Sensex continued its downward trajectory on Thursday, plunging 528.28 points to close at 77,620.21, weighed down by weak global market trends. The National Stock Exchange (NSE) Nifty also fell sharply, losing 162.45 points to settle at 23,526.50. The Sensex began the session on a positive note, gaining 58 points in…

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Indian Railways Allocates 76% of FY25 Budget to Boost Infrastructure and Growth

New Delhi, January 8, 2025: Indian Railways is on track to meet its capital expenditure (capex) goals for the fiscal year 2024-25 (FY25), having utilized Rs 1,92,446 crore, or 76% of the gross budgetary support allocated to it. This spending, which has occurred in the first nine months of the year, is directed toward enhancing…

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MMT Unveils Industry-First Part Payment Option for International Flights

New Delhi, January8, 2025: Online travel giant MakeMyTrip (MMT) has launched an innovative feature called the “Part Payment Option” aimed at enhancing the convenience of booking international flights. This groundbreaking option enables travelers to secure their bookings by paying just 10–40% of the total fare upfront. The exact upfront payment is determined based on factors…

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India services PMI surges to 59.3 in December on strong demand

New Delhi, Jan 6, 2025: India’s services sector witnessed robust growth in December 2024, achieving the fastest expansion in four months, fueled by strong demand and easing inflationary pressures, according to a private survey released on Monday. The S&P Global India Services Purchasing Managers’ Index (PMI), compiled by HSBC, surged to 59.3 in December, up…

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World Bank Launches 2025 with AUD 1.75 Billion Sustainable Development Bond in Kangaroo Market

Washington DC,  January 6, 2025: The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) has successfully issued its first benchmark bond for 2025—a landmark Australian dollar (AUD) 1.75 billion 5-year Sustainable Development Bond. Maturing on January 10, 2030, the bond underscores the World Bank’s ongoing commitment to funding green and social initiatives…

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UTI Mutual Fund launches UTI Quant Fund

Kolkata, January5, 2025: UTI Mutual Fund (UTI) has announced the launch of the UTI Quant Fund, an active equity fund that combines predictive modelling with UTI’s extensive investment research expertise & investment process. The fund aims to consistently generate alpha over the broad index by dynamically adapting to market conditions and managing volatility. The NFO…

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US remains top country for India for engineering goods exports growth

Kolkata, January 5, 2025: Driven by exceptionally high growth in exports of aircraft, spacecraft and parts and ships, boats and floating structures, Indian engineering exports continued its growth run for the 7th straight month to November 2024, according to EEPC India. Other than these two product groups, exports of iron and steel turned positive for…

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CM Nayab Saini inaugurates and lays foundation stone for six projects worth over Rs. 23 Crore in Kosli

Chandigarh, December 25 – Haryana Chief Minister, Sh. Nayab Singh Saini, on Wednesday, inaugurated and laid the foundation stones for six major development projects worth over Rs. 23 crore during the Dhanyawad programme held at the Kosli Assembly constituency in Rewari district. The projects include the inauguration of four initiatives valued at Rs. 20.53 crore…

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University of East London now enhances support to Indian students through career-oriented education.

New Delhi, 12 December 2024 : The University of East London (UEL), which recently received the prestigious accolade of being named the UK University of the Year 2025 for Teaching Excellence, continues to strengthen its education offerings in a career-orientated and inclusive approach for Indian students. For the second consecutive year, it has been ranked…

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