Ashapuri Gold Ornament, a B2B jewellery manufacturer, said net profit in the December quarter was up 53 per cent at ₹17 crore on the back of strong demand and a rise in prices. Income increased 6 per cent to ₹247 crore, while EBITDA jumped 60 per cent to ₹24 crore. Gold sales volume stood at […]
India and the United States clinched a major trade pact on February 2, with Washington cutting tariffs on Indian goods to 18%, giving New Delhi a competitive edge over export rivals such as China, Indonesia, Vietnam and Bangladesh. Experts say the agreement could indirectly affect the real estate market by boosting foreign direct investment in […]
Housing demand in Bengaluru areas adjacent to metro stations has surged by 8-19%, according to data shared by NoBroker. Home prices in established metro hubs like Rajajinagar rose by 13% and 11% in Jayanagar, while rental values near the stations climbed as much as 18%, outpacing the broader city average. Housing demand near Bengaluru metro […]
Signalling a sharper focus on tier-2 and tier-3 cities, Finance Minister Nirmala Sitharaman on February 1 announced a sustained infrastructure push, with Budget 2026 unveiling a major thrust on regional urban development focusing on the development of city economic regions (CERs), with a proposed allocation of ₹5,000 crore per region over five years to implement […]
Check out what’s clicking on FoxBusiness.com. Apple’s iPhone 17 was a big seller over the holiday period, with sales jumping by nearly a quarter for the tech giant. CEO Tim Cook, in an interview with FOX Business, called the results “staggering.” Apple pulled in $143.8 billion in revenue in its fiscal first quarter and grew […]
India’s gold demand is likely to fall in 2026 following a drop of 11% last year, as a surge in prices dampens jewellery sales and offsets an uptick in investment buying, the World Gold Council said on Thursday. Higher gold prices have historically spurred Indians to sell jewellery and coins, but that hasn’t been the […]
Samsung Electronics’ chip division posted a more than five-fold jump in profit, beating estimates as surging demand for AI-related memory chips tightened global supply. Strong results from industry peers and rising capital spending by hyperscalers underscore the strength of the AI investment cycle. | Photo Credit: KIM HONG-JI Samsung Electronics Co.’s chip unit beat expectations […]
The Mumbai real estate market recorded 42,643 housing unit registrations with the Maharashtra Real Estate Regulatory Authority (MahaRERA) in 2025, of which around 18% or 7,963 units were 3 BHK apartments. In 2024, 3 BHK homes accounted for 15% of the nearly 70,000 units launched. The continued traction reflects sustained buyer demand for larger homes, […]
Improved infrastructure connectivity, expanding employment hubs and a steady supply of mid-income housing are shifting homeownership demand away from core metro cities towards Tier-2 and Tier-3 markets such as Chandigarh, Jaipur, Surat, Madurai and Palwal. These cities recorded an 81% year-on-year growth in home loan volumes in 2025, outpacing the 52% growth seen in Tier-1 […]