PRIME GLOBAL CITIES INDEX
What's driving up property prices in NCR?
India's NCR witnessed a substantial rise in property values. The Housing Price Index shows NCR leading other regions. Strong demand and value appreciation fueled this growth. Bengaluru and Kolkata also saw price increases. The all-India index reflects steady growth. Larger homes, especially 3BHKs, remain popular.
PM Modi lauds Arabic translator, publisher of Ramayana, Mahabharata
Prime Minister Narendra Modi met with Kuwaiti nationals who translated the Ramayana and Mahabharata into Arabic. He praised their efforts in promoting Indian culture during his first visit to Kuwait in 43 years. Modi also met with a 101-year-old former Indian diplomat and addressed the large Indian diaspora.
Christmas NFL games on Netflix: Start time, teams, when to watch Beyonc¨¦'s performance
NFL games on Christmas Day featuring Kansas City Chiefs, Pittsburgh Steelers, Baltimore Ravens, and Houston Texans will be live streamed on Netflix.
Why gold remains vulnerable despite a sharp uptick on Friday
The US Dollar Index surged to 108.541, its highest since November 10, 2022, driven by the Fed's hawkish stance and strong US GDP data. It eased to 107.82 on Friday, down 0.55%, but gained 0.82% for the week. Ten-year US yields hit a high of 4.59%, closing at 4.53%, up 3% weekly, while two-year yields peaked at 4.37% before settling at 4.31%, a 2% weekly gain.
There is more to MNC stocks than HUL & Nestle: 7 MNC stocks that can deliver up to 35% return in 1 year
There have been times when, in volatile phases, certain MNC stocks have outperformed the markets. Mostly, it was stocks from the FMCG sector which were able to do this. That is probably the reason why stocks like HUL and Nestle have become synonyms with MNCs stocks. In reality, there are many MNC companies that operate in India and are not in the FMCG sector, and in the last few years their Indian operations have reached a stage where they form an important part of the global operations. Just to give you an example, if one looks at concalls and analyst meetings of their parent companies, a number of them make a significant mention of Indian operations. That was not the case a couple of years ago. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ¨C earnings, fundamentals, relative valuation, risk, and price momentum ¨C to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Will await with interest India's bid for 2029 World Championships: WA chief Coe
World Athletics President Sebastian Coe expressed interest in India's potential bid for the 2029 World Championships, acknowledging strong competition. Coe praised India's commitment to sports following discussions with Prime Minister Modi. India's growing athletics scene, spearheaded by Neeraj Chopra, and its hosting of a Continental Tour event signal positive developments.
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Stock market update: Nifty Bank index 0.13% in a weak market
The Nifty Bank index was trading 0.13 per cent at 53514.85.
Stock market update: Nifty IT index 0.36% in a weak market
The Nifty IT index was trading 0.36 per cent at 45829.45.
Nvidia signs deal to establish AI centre in Vietnam
US chip giant Nvidia signed a deal Thursday to establish an AI centre in Vietnam. Nvidia has already invested over $250 million in Vietnam, according to Huang, and the US chip designer is working with some of Vietnam's top tech firms to deploy AI in the cloud, automotive and healthcare industries.
World's top 10 cities revealed. Major European capital fails to make the cut
Paris has been named the world¡¯s most attractive city for the fourth consecutive year in Euromonitor International¡¯s Top 100 City Destinations Index, which ranks cities on tourism, sustainability, and safety. Europe dominates the top 10, with Madrid, Rome, Milan, and Amsterdam joining Paris. Tokyo, Sydney, and Singapore also performed well. Bangkok topped international arrivals with 32.4 million visits in 2024.
Five cities of India among the top 15 fastest-growing global urban centers by 2033
Bengaluru, Delhi, Mumbai, Hyderabad, and Pune are among the world's fastest-growing urban centers by 2033, driven by rapid urbanization, economic growth, and technological innovation. The government's infrastructure initiatives and policies promoting industrial resurgence are key factors in this growth, with a projected GDP surge of over 68%.
Stock market update: Nifty Realty index 0.44% in a weak market
The Nifty Realty index was trading 0.44 per cent at 975.15.
Stock market update: Nifty Bank index 0.19% in a weak market
The Nifty Bank index was trading 0.19 per cent at 51118.10.
Stock market update: Nifty Pharma index 0.89% in a weak market
The Nifty Pharma index was trading 0.89 per cent at 22436.25.
Stock market update: Nifty IT index 0.1% in a weak market
The Nifty IT index was trading 0.1 per cent at 40461.05.
US election, tech jitters rattle world stocks
Japan's Nikkei average fell 2% on Friday, affected by Wall Street's decline and a stronger yen. All three major US indexes also fell 3% on Thursday due to rising artificial intelligence costs. The Bank of Japan maintained low-interest rates, further strengthening the yen. European and Asian markets also saw mixed results, influenced by inflation and manufacturing data.
Ahead of Market: 10 things that will decide stock action on Wednesday
Indian benchmark equity indices, Sensex and Nifty50, recorded their biggest single-day decline in nearly three weeks, dragged down by slowing corporate earnings and ongoing foreign selling.
Stock market update: Nifty Bank index falls 1.36%
The Nifty Bank index closed 1.36 per cent down at 51257.15.
Stock market update: Nifty Realty index falls 2.46% in a weak market
The Nifty Realty index was trading 2.46 per cent down at 1007.2.
Stock market update: Nifty Bank index flat 0.0% in a weak market
The Nifty Bank index was trading 0.0 per cent at 51962.5.
Stock market update: Nifty Pharma index advances 0.3% in an upbeat market
The Nifty Pharma index was trading 0.3 per cent up at 23191.6.
Stock market update: Nifty IT index advances 0.59% in an upbeat market
The Nifty IT index was trading 0.59 per cent up at 41808.35.
Karnataka to create deep-tech innovation cluster in Bengaluru: IT-BT minister Kharge
Aiming to address the gaps in core deep-tech areas in the country, such as artificial intelligence and machine learning, robotics and automation, quantum computing, and biotechnology, the IT-BT minister emphasized that the acceleration India needs in deep tech will take place from Karnataka.
India under PM Modi has made its people 'vishwaguru' in hunger: Kharge on rising inflation
Congress president Mallikarjun Kharge criticized the BJP-led Centre for the rising inflation under Prime Minister Modi, noting India's 105th rank in the global hunger index and the increased retail inflation to 5.49% in September. He highlighted inflation's impact on food security and rising vegetable prices.
Bengaluru paying Rs 20,000 crore in lost productivity due to congestion on roads, says IT Minister Priyank Kharge
Bengaluru suffers an annual loss of Rs 20,000 crore due to traffic congestion, a common issue in urban cities worldwide. The Traffic Quality Index (TQI) launched by MoveInSync aims to decongest traffic using 15 years of data and AI. The index offers insights to help commuters, organizations, and governments improve traffic flow and infrastructure.
India¡¯s IPR regime improved, smart city work progresses in UP: Piyush Goyal
The first phase of smart city development in Uttar Pradesh is nearly complete, with plans for the next phase underway. The Union Cabinet has approved 12 industrial smart cities in the state. Commerce Minister Piyush Goyal highlighted India's improved intellectual property regime and the upcoming Jan Vishwas 2.0 bill to enhance ease of doing business.
Vienna tops the list of 10 best cities to live in the world, Pakistan¡¯s Karachi features in the bottom 10
The Economist Intelligence Unit (EIU) annually releases its Global Liveability Index, ranking cities based on stability, healthcare, culture and environment, education, and infrastructure. In the 2024 report, Vienna, Austria, remains the top city for the third consecutive year, praised for its cultural vibrancy and exceptional public services. However, cities like Karachi, Pakistan, and Dhaka, Bangladesh, are among the least livable, ranking in the bottom ten.
Mumbai luxury property market records 3rd highest price rise globally in Q1
Mumbai saw a significant rise in prime residential prices, recording the third highest year-on-year growth globally. New Delhi also saw an increase, while Bengaluru experienced a slight drop. Mumbai's growth was driven by strong demand for higher value apartments. India's property markets have seen a surge in prices due to robust economic growth.
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