Triangles, Crescents, Slivers: Can Odd-Shaped Lots Help Ease the Housing Crisis?
As needs escalate, more U.S. cities and states are making it easier to build on irregular and long-overlooked lots. Source link
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ARCIL IPO: Avenue Capital-backed ARCIL files IPO draft papers with Sebi; GIC to exit, SBI to pare stake
Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public offering (IPO).The IPO will be entirely an offer for sale (OFS) of up to 10.54 crore equity shares by existing promoters and shareholders. ARCIL will…
Trade Fueled Inequality. Can Trump’s Tariffs Reduce It?
The president has pitched his trade policies at workers who feel left behind by globalization. But that doesn’t mean trade barriers will revive factories and close income gaps. Source link
Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports | India Business News
Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of petrol and diesel after Western sanctions on Russia’s oil and energy sector, according to a senior industry official, reported Economic Times.Nayara Energy is India’s second-largest…
After a Lag, Consumers Begin to Feel the Pinch of Tariffs
Companies are starting to shift more tariff-related costs onto consumers. Many businesses chose to absorb the additional tax during the early days of President Trump’s trade war. But evidence is emerging that they are running out of options to keep prices stable in the face of deteriorating profit margins, suggesting that the tariffs could have…
McDonald’s to invest $100mn for new tech centre
Hyderabad: Fast food giant McDonald’s has rustled up plans to invest $100 million (about Rs 875 crore) in its new global office in Hyderabad over the next couple of years and hire around 2,000 techies by 2027, a top executive said on Friday. “The investment this year and next (2026) will be around $100 million,…
The Stock Market Is Good, Bad and Ugly, Often in Quick Succession
The market’s best days frequently occur in the midst of misery, our columnist says, so don’t bother trying to figure out where stocks are heading. Source link
GST collections rise 7.5% in July, slower than last year
New Delhi: Goods and services tax (GST) collections rose 7.5% to Rs 1,95,735 crore in July, showing signs of a pick-up from the previous month, although the growth was slower than a year ago.According to the latest official numbers, collections from domestic sources in July, based on transactions in June, were 6.7% higher at a…
How Tariffs Raise Costs for Farmers, Making Food More Expensive
American farmers, ranchers and agricultural industry experts are still sorting through what increased tariffs on dozens of countries will mean for both U.S. farm products and consumers. But there are a few broad areas where American farmers, and consumers, are likely to see prices rise or products disappear. Inputs The cost of everything farmers use…
Volvo India’s gear shift: Changes EV-only plan; ICE models to stay amid slow uptake | India Business News
Volvo Cars India has revised its earlier strategy of transitioning to an all-electric portfolio, opting instead to continue selling both electric and internal combustion engine (ICE) vehicles in the country. Electric vehicles currently account for around 25% of Volvo’s sales in India. However, the market for premium battery electric vehicles (BEVs) remains small, although the…