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Among the top seven areas, Hyderabad saw the highest increase of 42% in the average price of premium homes in the five-year period. The price rose from Rs 7,450 per sq ft in 2018 to Rs 10,580 per sq ft during the first half of 2023. Bengaluru and MMR recorded the second-highest average price hike in this segment at around 27% each. In Bengaluru, the average price of a luxury home stood at Rs 10,210 per sq ft in 2018. Since then, the average price rose to Rs 12,970 per sq ft. In MMR, the average price in the luxury segment was Rs 23,119 per sq ft in 2018. It jumped to Rs 29,260 per sq ft at the end of the first six months of 2023.

ICICI Lombard General Insurance Company Ltd. gained 0.16 per cent to Rs 1418.05 in Thursday's trade as of 11:42AM (IST). The stock hit a high price of Rs 1433.85 and low of Rs 1415.6 during the session.

Brainbees Solutions, parent of omnichannel retailer FirstCry, has filed its draft red herring prospectus (DRHP) to raise Rs 1,816 crore issuing fresh shares besides an offer for sale of more than 54 million shares. This is the second Indian vertical ecommerce company to have filed for going public after Nykaa listed on the local bourses in 2021.

Marico Ltd. gained 0.58 per cent to Rs 537.1 in Thursday's trade as of 11:47AM (IST). The stock hit a high price of Rs 539.0 and low of Rs 534.0 during the session.

COVID-19 cases in the last 24 hours. The total active caseload increased by four, reaching 4,097, according to the latest Union Health Ministry data. According to the official data, six deaths have been reported in the country in the last 24 hours: two in Maharashtra, and one each in Delhi, Karnataka, West Bengal and Kerala. With this, the total count of coronavirus cases in India since the virus first emerged in January 2020 has climbed to 4,50,10,944, indicating a rise of 702 cases in the past 24 hours. The total death toll due to COVID-19 cases in India has risen to 5,33,346, reflecting an increase of six deaths in the last 24 hours. Delhi on Wednesday reported its first case of the COVID-19 sub-variant JN.1. «Delhi reports the first case of JN.1, a Sub-Variant of Omicron.

Interim Budget: India's fiscal deficit might surpass the government's 5.9% target for FY24 due to escalated revenue expenses and a lower-than-expected nominal GDP, according to India Ratings and Research. The agency predicts that despite increased tax and non-tax revenue, an anticipated second supplementary demand for grants could escalate the deficit to 6% of GDP, slightly exceeding the budgeted limit. “Higher-than-budgeted revenue expenditure triggered through the first and likely second supplementary demand for grants in combination with lower-than-budgeted nominal GDP will push the fiscal deficit to 6.0% of GDP, 10bp higher than budgeted 5.9%,” said Ind-Ra researchers. While announcing the federal budget for this fiscal year, Finance Minister Nirmala Sitharaman said India aims to narrow the fiscal gap to 5.9% of gross domestic product from 6.4% in the last financial year. There are mushrooming speculations that the Narendra Modi-led government will soon have to unleash various fiscal measures and particularly so as to rein in galloping inflation rate. India's fiscal deficit for the first seven months of this fiscal year through October stood at 8.037 lakh crore rupees, or 45% of annual estimates, government data showed today. The fiscal deficit marginally narrowed from 45.6% reported in the comparable year-earlier period.

TOKYO (Reuters) — Toyota Motor (NYSE:TM)'s small-car unit Daihatsu Motor said on Thursday it would compensate lower-tier contractors in its supply chain to cushion the blow from an indefinite production stoppage after revelations last week of a wider safety scandal.

BEIJING (Reuters) — China's manufacturing activity likely contracted for the third consecutive month, a Reuters poll showed on Thursday, weighed by soft demand for manufactured goods, a reading that would embolden calls for more policy support.

compensation by airlines for flight delays, while 40,000 passengers were compensated for cancellations, and for denied boarding, 1,231 passengers got compensation, according to a report published by Hindustan Times. The airline has to facilitate affected passengers due to cancellation and delay in flight by Directorate General of Civil Aviation (DGCA) issued Civil Aviation Requirement (CAR) Section 3, Series M, Part IV titled "Facilities to be provided to passengers by airlines due to denied boarding, cancellation of flights and delays in flights".

iPhones, a Washington Post report said recently. The move comes after several Opposition leaders and some journalists in October claimed that they had received emails from Apple warning them that state-sponsored attackers were potentially remotely trying to compromise the iPhones associated with their IDs.

Budget 2024: What will the market look for in Vote on Account? Mint collated the views of 10 experts on what they expect from the upcoming Budget. Here's what they said: The Budget will largely be a non-event as it will be a Vote on Account and hence largely a report card with the election commission not permitting any major announcements on account of the ensuing general elections. That being said the fiscal numbers are likely to be in line with the budget estimates.

BSE SME IPO index (black line) has multiplied by about 26 times over the previous 5 years, generating a return of 2,495%. Compare this with the BSE Sensex (orange line), where the corresponding numbers are a relatively boring 2 times, and 99%. The BSE Smallcap index (blue line) has slightly better figures—2.9 times, making for a return of 187%.

₹720 apiece on the National Stock Exchange (NSE), a premium of 37.40% to the issue price of ₹524 per share. On BSE, Azad Engineering shares began trading at ₹710.00 apiece, witnessing a premium of 35.50% to the issue price. Azad Engineering IPO received strong demand from investors across all categories as the public issue was subscribed 83.04 times in total.

Bengaluru police on Wednesday arrested individuals associated with Karnataka Rakshana Vedike (KRV), a pro-Kannada activist group, while conducting a protest. As reported by ANI, the protest called for all businesses and establishments in the state to display nameplates in Kannada, by the government mandate stipulating that 60 per cent of the nameplates should be in the Kannada language. The demonstration to raise public awareness was organized under the guidance of T A Narayan Gowda, the State President of Karnataka Rakshana Vedike.

India Meteorological Department (IMD) on Thursday released a dense fog advisory for Punjab, Haryana, Delhi Uttar Pradesh, north Rajasthan and north Madhya Pradesh. In a post on X, IMD wrote, “Dense Fog Advisory for Punjab, Haryana, Delhi Uttar Pradesh, north Rajasthan and north Madhya Pradesh: Be careful while driving or outing through any transport. Use fog lights during driving.

Catch Live Market Updates here Strong domestic macro data, easing oil prices and supportive global market cues helped Indian stock market indices scale record high in the previous session. On Wednesday, the Indian equity market ended higher for the fourth consecutive session led by across-the-board buying, reflecting investors’ high-risk appetite. The Sensex ended 701.63 points, or 0.98%, higher at 72,038.43, while the Nifty 50 gained 213.40 points, or 1%, to settle at 21,654.75.

External Affairs Minister S Jaishankar on Wednesday held a meeting with Russian President Vladimir Putin in Moscow. Russian Foreign Minister Sergey Lavrov and Indian Ambassador to Russia Pavan Kapoor were present at the meeting. Jaishankar is currently undertaking a five-day visit to Russia from December 25 to 29, as part of the ongoing series of high-level engagements between the two nations.

₹83 to ₹83.70," he said.Global stocks mostly rose on Wednesday with a positive year-end mood continued. The Dow Jones Industrial Average led gains on Wall Street, advancing 0.3% to finish at another all-time high of 37,665.52. In European markets, London leading the way as it closed 0.4% higher.

Priyanka Gandhi's name in the money laundering case linked to NRI businessman CC Thampi. ED had named her husband Robert Vadra in earlier charge sheets related to the case. In its statement, ED said, “Former Congress president Sonia Gandhi’s son-in-law Robert Vadra and daughter Priyanka Gandhi Vadra bought land in Haryana through a Delhi-based real estate agent who also sold land to NRI businessman CC Thampi." ED further alleged Vadra and Thampi have a “long and thick" relationship that extends to “common and business interests".

Dunki Box Office collection Day 7: The Box Office performance of Shah Rukh Khan’s latest movie "Dunki" over its first seven days showcases a fluctuating trend in its net collection across India. The movie kicked off with a strong opening on its first Thursday, collecting ₹29.2 crore. However, it was the weakest among Khan’s three releases this year, the other two being Pathaan and Jawan.

₹4.7 trillion, up 25% from the previous year. Though no firm estimates are available of the money spent overseas by Indians on weddings, since it’s the rich who go in for such lavish destination dos, we can assume a substantial amount could be captured locally if the ministry’s campaign succeeds. If ‘Make in India’ is about the creation of manufacturing jobs, ‘Wed in India’ could generate matrimonial jobs.