Notwithstanding the removal of indexation benefit for the purpose of computing long term capital gains (LTCG) on property, the demand for property bought for self-consumption may not get hit. In fact, this could control speculative buying in the real estate sector and stabilise the prices, aiding the first-time property buyers There is an overwhelming view […]
India’s entry into J.P. Morgan index to mark a new chapter for domestic bond market India becomes the 25th market to have found a place in this prestigious index since its launch in 2005. Inclusion of Indian government bonds will happen in phases over a 10-month period, with the addition of one per cent weight […]
India becomes the third largest aviation market of the world. Aviation is one of the sectors in particular that has recently been on a growth trajectory in terms of passenger numbers, aircrafts in demand and functional airports. Discussions on feasibility of commercial aircraft manufacturing ecosystem in India is natural to happen. From time to time, […]
This year has not been an encouraging one in the sense that way back in March it was being predicted that Fed could engineer three cuts amounting to 75 basis points (bps) in 2024. That is not happening and a zero-rate cut situation could be a big disappointment for the US, India and others, at […]
Globally, humans produce over 450 million tonnes of plastic today as compared to just two million tonnes in 1950. Unfortunately, over 90 per cent of the plastic pollutes the planet. A report from the U.S. federal Lawrence Berkeley National Laboratory says that the plastic industry, which currently accounts for 5 per cent of global carbon […]
While Fed’s rate cut exercise may have been pushed back, Sweden takes the lead in cutting policy rate by 25 bps. Meanwhile, the RBI’s rate setting committee will meet after the general election results and it will be an interesting event to watch out for Hopes of the June interest rate cut by the US […]
At around 10,300, India is home to the world’s third-largest number of FinTechs. The Jan Dhan Yojna, Aadhaar and mobile number (JAM trinity), along with the Unified Payment Interface (UPI) have acted as the key enablers for FinTechs’ rapid growth. The Fintech ecosystem in India has tremendously improved, with the adoption rate of FinTech in India […]
Gold’s rise in 2024 so far has been nothing short of a spectacle with the yellow metal breaking new records almost on a daily basis. It appears that it has formed a habit of doing this. But its rise has been more on sentiments and less on fundamental reasons and to say that the current […]
Recent projections indicate that the GenAI market is expected to double every other year for the next 10 years and ultimately exceed USD 200 billion by 2032 Nasscom estimates India’s artificial intelligence market to touch USD 17 billion by 2027, growing at an annualised rate of 25 -35 per cent between 2024 and 2027 Generative […]
Are you looking at switching to an environmentally friendly car and moving away from the vagaries of constantly changing global fuel prices? Electric Vehicles (EVs) are the obvious solutions and carmakers are constantly launching models to woo customers to make that transition. A surge in lithium-ion mining and reduced prices of precious minerals are just […]