Business

Global Market: Eurozone business activity hits 29-month high as price pressure intensifies

Eurozone business activity expanded at its fastest pace since April 2023 in September, driven by strong service demand and AI investments. However, inflation surged to 3.8% due to rising energy costs, fueling expectations that the European Central Bank will maintain higher interest rates or hike rates further by…

Tax notice for Rs 67L ancestral jewellery, wins case

Raymond Realty Q2 Pre-Sales Jump 98% To Rs 902 Crore, On Track For FY27 Guidance

For the first half of fiscal 2027, Raymond Realty's pre-sales increased 111% to Rs 1,602 crore from Rs 760 crore in the corresponding period last year.

Spain PM Calls Early Election After Housing Crisis Defeat

Spain has been operating under its 2023 budget, the last national spending plan passed by Sanchez's government, for several years.

12% Agniveer Quota, Green Tax On Older Vehicles: Himanta Sarma's Big Decisions

The Agniveer quota will cover recruitment to Assam Police AB (Armed Branch) and UB (Unarmed Branch) constable posts, commando personnel, jail warders, firemen, SDRF constables, forest guards and excise constables.

Wyoming couple's tyre-built Earthship listed for $625,000 after 15 years

A Wyoming Earthship built from 1,343 tyres in 2011 is now listed for $625,000. The 1,500-square-foot off-grid home sits on 55.13 acres and includes solar power, a wind turbine, rainwater collection and a 66-foot greenhouse.

Wyoming couple built off-grid home from 1,343 tyres; now listed for $625,000

A Wyoming Earthship built from 1,343 tyres in 2011 is now listed for $625,000. The 1,500-square-foot off-grid home sits on 55.13 acres and includes solar power, a wind turbine, rainwater collection and a 66-foot greenhouse.

RBI To Hike Repo Rate In October, External Environment 'Unforgiving' For India: HSBC's Pranjul Bhandari

Pranjul Bhandari said the RBI should not wait until December to act and should combine a rate hike with measures to absorb surplus liquidity from the financial system.

RBI Rate Hike Debate: Inflation and crude fuel calls for October move; but what about growth costs?

To begin with, the inflation trajectory, at least until now, has largely tracked the RBI's own projected path. Unless crude prices durably reset the RBI's forward expected inflation trajectory, it is difficult to justify a hike now that the RBI itself did not deem necessary when it published its August projections…

US Market: Fed’s Hammack says jobs data gives time to assess rate path

Federal Reserve officials have signalled they have time to assess incoming economic data before making further changes to interest rates. Cleveland Fed President Beth Hammack said September’s weak employment report was broadly consistent with recent labour-market trends. With hiring slowing but remaining stable and…

HDFC Bank Reset: Rajiv Kumar Board Sets Stage For Wider Shake-Up

HDFC Bank's reset began taking shape in July, when former bureaucrat Rajiv Kumar took over as chairman. Kumar brings significant banking-sector experience to the role, having spent close to three years as Secretary, Department of Financial Services.