Business

Dubai to add 73,000 new homes in 2025 as property sales reach $31 billion

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Dubai’s property market is poised for growth, with 73,000 new homes expected in 2025 and nearly 300,000 by 2028. Q1 2025 saw 42,000 transactions worth ...

Wall Street edges higher as US-EU trade talks unfold; global markets broadly gain

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Wall Street experienced a slight uptick amid President Trump’s new tariffs on steel and aluminum, while trade officials from the US and Europe convened in ...

Gold rate today: Gold rises by Rs 260 to Rs 99,260 per 10g, silver jumps Rs 1,900 on global cues

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Gold prices in the national capital surged by Rs 260 to Rs 99,260 per 10 grams, mirroring global market trends. Silver also saw a significant ...

Rupee drops 29 paise to close at 85.90 against US dollar amid risk-off mood, FII outflows

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The Indian rupee weakened for the second consecutive session, closing at 85.90 against the US dollar due to risk aversion and foreign fund outflows. The ...

Vedanta to raise Rs 5,000 crore via NCDs; offers up to 9.45% coupon

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Vedanta Ltd is poised to raise up to Rs 5,000 crore through private placement of secured non-convertible debentures (NCDs). The offering, with staggered maturities, features ...

Ircon shares surge nearly 14% on multiple orders & capex boost

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Ircon International’s stock price increased significantly. This happened after the company secured new projects. These projects are in railway, power, and industrial infrastructure. The company ...

India’s services sector maintains strong momentum in May; job creation hits record high

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India’s services sector performed well in May. The HSBC India Services PMI Business Activity Index increased. This indicates growth in activity, hiring, and international demand. ...

ITR e-filing FY 2024-25: ITR-1 and ITR 2 forms enabled online for return filing on income tax e-filing portal; check details

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ITR Filing FY 2024-25: The Income Tax Department has enabled online ITR filing for FY 2024-25 (AY 2025-26) via incometax.gov.in, initially supporting ITR-1 and ITR-4 ...

Adani Airports raises $750 mn via ECBs from international banks

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Adani Airports: Taking Flight with a $750 Million Boost Okay, aviation enthusiasts and business buffs, let’s talk about something that’s been buzzing in the financial ...

Rupee drops to 85.86 vs dollar amid foreign outflows; RBI rate cut in focus

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The rupee weakened to 85.86 against the US dollar due to foreign fund outflows, despite support from positive domestic stock market signals and falling crude ...