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As we navigate through the recent times, the Indian residential real estate market is emerging as a beacon of security for investors, making the housing market shine for those seeking stability and growth. The Indian real estate market witnessed an unprecedented surge in 2023, surpassing all expectations and setting new records. Buyers are now placing a greater emphasis on owning a home rather than opting for rental arrangements.

T20 World Cup 2024: South Africa will clash with Sri Lanka on June 3 at the Nassau County International Cricket Stadium in New York. Aiden Markram will captain the Proteas while Wanindu Hasaranga will lead the Lankan side.A post shared by ICC (@icc)South Africa, since 2023, have played 11 T20Is that produced results and lost 9 of those. They were recently defeated 3-0 by West Indies.

gold in the last one week has been -1.0% whereas in the last month it has been -1.8%.The cost of silver is Rs.92630.0 per kg Gold Price Today in Delhi is ₹73948.0/10 grams. Yesterday’s Gold Price on 02-06-2024 was ₹74527.0/10 grams. and last week’s gold price on 28-05-2024 was ₹73779.0/10 grams.

Just as the summer travel season gets into gear, Canadians and visitors could find themselves waiting in long lines at the border — delays that could also deal a blow to the economy.

7.8%, taking the annual figure to a neck-turning 8.2%. Internationally, there is growing optimism that India is on the cusp of a long-awaited economic take-off, as evidenced by the recent revision in our sovereign-credit outlook from ‘stable’ to ‘positive’ by S&P Global Ratings, even if the actual credit rating remains barely investment grade (for now). While revising India’s GDP growth upwards by close to 2 percentage points for 2023-24, the International Monetary Fund’s (IMF) April 2024 World Economic Outlook alludes to the robustness of growth expected in 2024 and 2025 as “reflecting continuing strength in domestic demand and a rising working-age population." It may be tempting to conclude from all this that India has reached what development economist W.W.

will win at least 350 Lok Sabha seats in the just-concluded national election, making for a clear majority in Parliament that would allow for policy and fiscal continuity. When the Election Commission of India announces the voting results on 4 June, the markets will be tracking the margin of victory for the NDA, and not wondering about a possible loss, said Nirmal Jain, founder of financial conglomerate IIFL Group. The government that takes charge once the results are officially announced has its task cut out, Jain said.

China's manufacturing activity in May grew at the fastest pace in about two years with strong production and new orders, a private sector survey showed on Monday, indicating the sector remains robust amid supportive industrial policies.

global investors, India holds the most attractive investment proposition among emerging market economies, Candace Browning, head of Global Research, Bank of America, tells Bhaskar Dutta. Edited excerpts: How do you view India as an investment destination versus other emerging markets? We have seen outflows of foreign investment from stocks for the last two months.

Reserve Bank of India's (RBI) challenge for the rest of the year may not be inflation but liquidity. The resumption in government spending likely trimmed borrowing, and a surge in overseas fund flows could complicate the RBI's task of keeping its monetary policies effective. Liquidity — a tool more effective than policy rates — is likely to surge in the next few months after remaining tight for the past few quarters as the central bank focused on a steady withdrawal, spawning a deficit.

Mint.“We’re very bullish on India’s growth story. One of the biggest advancements I have seen is that infrastructure is improving and the economy is growing robust which has led to the emergence of innovative companies, especially in deeptech," Chaturvedi said.Hades—which is sector-agnostic—invests directly in companies and indirectly through fund managers.

India's economic growth of 8.2% in 2023-24 is notable on three counts. First, it surpasses the 8% hurdle rate seldom breached in India's post-Independence history. Second, it reinforces a strengthening of India's economic momentum after the Covid shock.

JPMorgan CEO Jamie Dimon was responding to a question posed at the Economic Club of New York in late April on the resilience of the US economy. But he could as well have been talking of India. National Statistics Office (NSO) data released last Friday show the Indian economy is, well, booming. At 8.2%, GDP growth for 2023-24 is streets ahead of the most optimistic estimates, and far, far ahead of RBI's estimate of 7% till as late as December 2023. Sure, there could be distortions due to the way the GDP deflator is computed, as this is then used to arrive at the real (from nominal) GDP numbers, and also because of changes in the 'net taxes' figure — GDP is GVA (gross value added) plus taxes less subsidies. But whichever way you dice the numbers — nominal or real GDP growth, GDP or GVA — there's no getting away from the fact that the Indian economy is shining. The news has, of course, been greeted with 'ra-ras' from the ruling BJP and nitpicking by the Opposition, even as it has left the aam janta cold. This is for two reasons.

₹15.57 trillion. The chart below shows retail credit growth (in year-on-year terms, for banks only) growing at over 30% as of December last year. Throughout most of the last decade, corporate borrowing was sluggish at best, with banks souring on lending to the sector in the aftermath of the 2008 financial crisis.

election verdict on June 4, exit polls already have a resounding majority for the Modi government, bringing much-needed cheer to market participants. NDA is forecasted to win 370 seats, according to the average of all exit polls and the markets are likely to react positively to pollsters' predictions.

In spite of the highest Federal Reserve policy rates in two decades, the US economy grew about 2.5% last year, unemployment remains low and stocks are near all-time highs, leading many observers to conclude that the economy has become less interest-rate sensitive—and probably needs permanently high benchmark rates to prevent overheating. Consider the shift in attitudes in recent months.

commerce and industry ministry may propose a dedicated policy for deep tech startups to promote innovation, for the forthcoming Budget to be announced by the new government, an official said. Voting for the Lok Sabha polls is over and the counting is scheduled for June 4. The new government is likely to take oath this month. The new government may announce the full Budget for 2024-25 in July.

₹38,353 crore.Currently, Titan operates 464 Tanishq stores across 270 towns. In the past three years, it has added 110 new Tanishq and 140 Mia stores.

Bajaj Finance, IT giant Infosys and tech services firm TCS, said Neeraj Dewan, director at brokerage Quantum Securities.Longer-term, stocks related to the investment cycle such as capital goods, infrastructure and commodity firms could benefit, said Vikaas Sachdeva, managing director of investment firm Sundaram Alternates.The benchmark indices, up 4% this year, experienced volatility around two-years highs in May as shadow betting markets suggested the election would be closer than opinion polls had suggested before the seven-stage vote began.Foreign investors sold a net $3 billion in May and stepped up hedging ahead of the election verdict.These investors could return "in a big way" after staying on the sidelines, said Dewan of Quantum Securities.Such inflows will put upward pressure on the rupee, which the central bank has been attempting to curb through market intervention, and will boost bond prices, said Madhavi Arora, economist at Emkay, a Mumbai-based brokerage.If Modi wins the strong victory suggested by the exit polls, he could gain political capital to push through tougher reforms needed to keep the economy of the world's most-populous nation growing robustly.India's economy accelerated to 8.2% growth in the financial year to March 2024 from 7% the previous year, led by government spending on infrastructure and a boom in real estate, data showed on Friday.But private firms have not stepped up spending on setting up fresh capacities and consumption in rural areas has been weak.An expectation of continuity in economic policies could lead to a pick-up in private investment, said Sachdeva of Sundaram Alternates."Post election results we will see lot more news coming in from the private sector, which will lead to a

Foreign investors pulled out a massive Rs 25,586 crore from Indian equities in May due to uncertainty surrounding the outcome of general election and outperformance of Chinese markets. This was way higher than a net outflow of over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed.

reassuring, but external debt is only one part of our external liabilities. For a full picture of what India owes to foreigners, it is more useful to track India’s international investment position (IIP), which shows the stock of international financial assets and liabilities at a point in time. On the assets side, IIP includes all foreign financial assets that Indians own, including international reserves held by the central bank.

Inflation in Europe accelerated by more than forecast in May, but the European Central Bank is still expected to start cutting interest rates next week.