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Macrotech Developers is not in a «rat race» to become the top builder in terms of sale bookings and will rather focus on achieving consistent and predictable growth with high-profit margins, its MD and CEO Abhishek Lodha said. Macrotech Developers, which markets its properties under Lodha brand, registered a 20 per cent growth in its sale bookings (pre-sales) to a record Rs 14,520 crore last fiscal from Rs 12,060 crore in the 2022-23 financial year. It has given guidance of achieving 21 per cent annual growth in sale bookings this fiscal to Rs 17,500 crore. When asked about the reason for setting a conservative sale bookings guidance considering that few players posted more than Rs 20,000 crore pre-sales in FY24 itself, Lodha told PTI, «We are not in any rat race and neither our shareholders are bothered about any such rat race.»

Rajasthan experienced light to moderate rain in the last 24 hours due to the influence of a western disturbance, the Meteorological Center, Jaipur said on Sunday. The highest rainfall, measuring 42 mm, was recorded in Devgarh, Rajsamand, it said. This precipitation brought some relief from the scorching temperatures in the state. Thunderstorm activities are likely to continue till May 14, the center said. Due to changing weather, the maximum temperature in most parts has dropped below 42 degrees Celsius, it said.

India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022. Just a decade ago, Indian GDP was the eleventh largest in the world. Currently, India's GDP is estimated to be around USD 3.7 trillion.

Akshaya Tritiya is considered as an auspicious day symbolizing prosperity and good luck. It is said that an investment made on this day gives favorable returns, thus making it popular for buying gold and other precious assets.

Mumbai-based Suraj Estate Developers Ltd, having specialisation in redevelopment projects, has announced its audited financial results for the quarter and full year ended March 24.

PM Modi stresses empowerment, infrastructure growth in pre-election interview "Having filled the gaping holes left by 60 years of Congress rule in our first term and putting India on a fast track of growth in our second term, our third term will be an era of accelerated development at a scale never seen before," Prime Minister Modi said. PM Modi interview: ‘People tired of..,’ PM claims saffron sweep in South India In the third term, the biggest theme of the BJP government would be about imparting momentum across sectors towards the realisation of making India a developed country by 20247, PM Modi said. "A lot needs to be done and will be done.

Lok Sabha Elections 2024: Ahead of the fourth phase of the 2024 Lok Sabha Elections, Prime Minister Narendra Modi is optimistic about his government winning a record third term in power. In an interview with Hindustan Times’ R Sukumar, Shishir Gupta, and Sunetra Choudhury, Modi elaborated on his government's accomplishments and visions for India's future. He also shared his party's agenda if they win the general elections.

Pakistan Telecom operators on Saturday blocked mobile phone SIMs of over 3,500 non-filers of the 5000 cards they had promised to the Federal Board of Revenue (FBR) they would in line with its Income Tax General Order (ITGO) — a move aimed at compelling 506,671 individuals to place on record their returns for 2023, The Express Tribune reported. The FBR also sent messages to about 5,000 individuals, warning them that their mobile phone SIMs would be blocked if they did not file their returns. It has further sought details of the blocked SIMs from the telecom operators.

Bihar STET 2024 examination has been released by the Bihar School Examination Board (BSEB). The admit cards are available for download from secondary.biharboardonline.com. BSEB is set to hold STET 2024 exams from this month. The Paper 1 is scheduled to take place between May 18 and 29, 2024, while Paper 2 will be held from June 11 to 20, 2024. Recently, the board asked candidates to review and rectify any mistakes on their dummy admit cards. The dummy admit cards were accessible in stages: from January 12 to February 21, 2024 for the initial four, and from March 4 to 8, 2024 for the fifth one.

Shri Badrinath Dham in Uttarakhand opened its doors for devotees at 6 am on Sunday morning amid chimes of melodious tunes by the Army Band with complete rituals, vedic chants and slogans of 'Badri Vishal Lal Ki Jai'. Shri Badrinath Dham opened its gates for devotees after a break of six months. The shrine of Shri Badrinath Dham is located among the snow-capped mountains of Chamoli district in Uttarakhand state. Thousands of devotees thronged the entry of Badrinath Dham, with the entrance decked up with flowers. Located in Garhwal hill tracks in Chamoli district along the banks of Alaknanda River, Badrinath Temple is dedicated to Lord Vishnu.

Wildfires have prompted evacuation orders and alerts in western Canada just days after officials warned of “significant risk” from the natural hazard this summer.A fire near Fort McMurray, Alta., has grown to 1,000 hectares Saturday, from around 200 hectares on Friday, and is listed as out-of-control.The Alberta government said the wildfire danger is “extreme” and has issued an evacuation alert for Fort McMurray and Saprae Creek. Residents should be prepared to evacuate on short notice and keep essential items like medications, important documents and emergency kits ready to go.A notice issued late Friday said strong winds were expected Saturday, and the wildfire was surveilled overnight by helicopters.

Nepal's Kami Rita Sherpa also known as 'Everest Man' on Sunday morning broke his record by climbing the world's highest peak, Mount Everest for the 29th time. The 54-year-old Sherpa climber and guide in the last spring season had climbed the 8848.86 meters tall highest peak two times within a week setting a record for the 28th summit. But the climber has hinted at his plans to climb the peak twice this time again.

Char Dham Yatra has begun, the Uttarkashi police have warned that sufficient devotees have reached Yamunotri and sending more devotees can be dangerous and requested worshippers to postpone their yatra for May 12. Taking to their official X handle, the Uttarkashi Police tweeted, «Today, a sufficient number of devotees have reached Shri Yamunotri Dham as per its capacity. Now, sending more devotees is risky.» The police added further, «All the devotees who are going to Yamunotri today, are requested to postpone their Yamunotri Yatra today.»

Nifty 50 ended with weekly declines of 2.6% amid significant volatility where the India VIX shot up to a 52-week high. When markets resume trading on Monday, a host of important domestic and global events lined up during the week are likely to impact them. «Indian stocks witnessed a sharp correction after reaching record highs. Investor sentiment turned cautious due to the upcoming elections and aggressive selling by foreign institutional investors (FIIs). This selling pressure overshadowed a strong performance in global markets, keeping domestic indices under pressure throughout the week,» said Santosh Meena, Head of Research at Swastika Investmart.

consumer goods manufacturers said demand for necessities has bucked the uncertain trend that's typical in an election season, growing at a record pace. However, retailers said the seven-phase, April 19-June 1 polls with voting days around weekends has led to some disruptions despite the solid recovery in March and April. The heatwave, early summer vacations and political rallies have boosted sales of cooling appliances as well as out-of-home consumption of small packs of biscuits, juices and snacks, apart from packaged water, an absolute necessity. AC maker Blue Star managing director B Thiagarajan said on its earnings call last week that it can be difficult to anticipate demand during an election season. From the fourth week of March, there was a surge in demand and AC sales shot up 70-90% in April from the year earlier. Leading biscuit maker Parle Products senior category head B Krishna Rao told ET there has been a 15-18% jump in sales of Rs 5 and Rs 10 packs of biscuits and snacks since April due to higher out-of-home consumption led by political rallies.

massive outflows by foreign investors and the significant rise in the market's volatility index. Majority of the analysts say that weak sentiments will likely continue till the election results in the absence of any major positive triggers. In the third week of May, investors will keenly eye the ongoing the January-March quarter results for fiscal 2023-24 (Q4FY24), domestic and global macroeconomic data, foreign fund outflows, crude oil prices, and global cues.

A report by The New York Times and ProPublica says former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on tax losses tied to a Chicago skyscraper

Dividend Stocks: Shares of several companies including Godrej Consumer Products, Tata Consultancy Services (TCS), Coforge, among several others will trade ex-dividend in the coming week starting from Monday, May 13. Along with these, some other stocks will also trade ex-split, ex-rights, and ex-bonus. Some companies have also announced other corporate actions including E.G.M, according to data on the BSE.

Joe Biden is running for reelection on a record and an agenda — often Donald Trump’s. In a hotel ballroom in Seattle, at fancy homes in California and at stops in Illinois and Wisconsin over the past week, Biden has been betting that reminding voters about Trump's presidency and highlighting his Republican opponent's latest campaign statements will work to the Democrat's advantage.

Dr Soumya Swaminathan, most recently WHO's Chief Scientist, has been named among the 10 exceptional individuals who will receive honorary degrees from Canada's prestigious McGill University as part of the Spring 2024 Convocation ceremonies. In 2017, Swaminathan joined the World Health Organisation (WHO) as Deputy Director General (Programmes), and, in March 2019, was named its first Chief Scientist, a role she filled through the Covid-19 pandemic until late 2022. More than two centuries old, McGill, a public research university in Montreal, grants honorary degrees to individuals «who have lifetime records of outstanding scholarly, scientific, or artistic achievement, or of exceptional contributions to the public good through professional or philanthropic activity,» an announcement by the University said. Want to know if you qualify for immigration? Click here Spring 2024 Convocation ceremonies would take place from May 28 to June 5, the announcement made late on Friday said. Swaminathan, 65, will receive the Doctor of Science, honoris causa (D Sc) in Health Sciences on May 28.

half-way mark ( it got 31% of votes and 283 seats in 2014). But there is a catch there," Sanjay Jha said in a post on X. While elaborating on his point, Sanjay Jha pointed out that this time, the Opposition is not as fragmented as it was in 2014 and barring some exceptions, the BJP is facing one Opposition candidate on most Lok Sabha seats.