MUMBAI: Loans against gold jewellery have become the unlikely star of retail credit with outstanding balances in this category surging 128.5% year-on-year to Rs 3.38 lakh crore in Oct 2025 and 63.6% since March 2025. Gold loans now account for nearly a fourth of the addition to the bank’s personal loan book in the last…
NEW DELHI: The Indian economy is expected to grow at 7% or higher during the current financial year and top the $4 trillion-mark, chief economic adviser V Anantha Nageswaran said on Friday.The growth estimates are higher than the 6.3-6.8% projected in the Economic Survey tabled in Parliament ahead of the Budget.“The first half of the…
Luxury home prices in India’s top seven cities appreciated 40% between 2022 and 2025, while affordable homes saw a more modest rise of 26%, according to an ANAROCK Research analysis of average price trends.Delhi and NCR recorded the highest average luxury home price appreciation at 72%, with prices jumping from Rs 13,450 per sq. ft….
Zerodha founder and CEO Nithin Kamath cautioned retail investors against blindly chasing opportunities in India’s unlisted market, which is currently experiencing a surge in speculative activity. In a post on X Friday, Kamath said the ongoing IPO boom has fueled what he described as “phenomenally stupid” behaviour, with buyers eagerly seeking pre-IPO shares in hopes…
Rich Dad Poor Dad author Robert Kiyosaki has reignited debate over his long-running market warnings after posting on X that “the biggest crash in history” has already begun. His message paints a picture of an economy under pressure from rapid technological change and widening global instability. Citing an AI-driven erosion of jobs and deepening stress…
India’s engineering goods exports fell a steep 16.71 per cent year-on-year in October 2025 to $9.37 billion, primarily due to a sharp drop in shipments to the US and a high base effect, the Engineering Export Promotion Council of India (EEPC) said on Saturday.Exports to key markets recorded widespread declines, with the Asean region seeing…
Housing sales across India’s 15 major Tier II cities rose 4 per cent in value to Rs 37,409 crore in the July-September quarter of 2025, even as volumes declined, according to real estate analytics firm PropEquity. Sales fell 4 per cent year-on-year to 39,201 units during the quarter, while new housing supply dropped 10 per…
File photo (Picture credit: PTI) Oil India Limited (OIL) launched a landmark offshore drilling campaign in the Kerala-Konkan basin by spudding its first deepwater well, Union petroleum and natural gas minister Hardeep Puri announced on Saturday.He described the development as an “inspirational stride” in India’s energy journey aligned with Prime Minister Narendra Modi’s vision.The frontier…
File photo: External affairs minister S Jaishankar (Picture credit: ANI) External affairs minister S Jaishankar on Saturday said the world has entered an era where “politics increasingly trumps economics” and stressed that India must continuously diversify supply sources to safeguard national interests. The minister was speaking after receiving an Honorary Doctorate from IIM-Calcutta, reported PTI.“This…
Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, or even more for some firms.The increase in wage expenses is largely driven by higher costs for benefits such as gratuity, overtime, bonuses,…
