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The surge in Sales of Mid-Segment and Premium Homes in India, Overtaking Affordable Homes-thumnail

The surge in Sales of Mid-Segment and Premium Homes in India, Overtaking Affordable Homes

A recent report by property consultancy Knight Frank reveals a significant shift in India’s real estate market during the first half of the calendar year 2023. The sales of mid-segment and premium homes have surpassed affordable homes, despite an increase in residential property prices across major Indian cities. The surge in demand for costlier homes has come at a time when the overall sales of residential properties experienced a marginal decline. This article delves into the key findings of the report, analyzing the factors behind this trend.

Business

Jul 4, 2023

JM financial credit fund achieves its first close at Rs. 600 cr; final close at ₹1,500 cr-thumnail

JM financial credit fund achieves its first close at Rs. 600 cr; final close at ₹1,500 cr

JM Financial aims to secure a final close of the fund, including co-investments, at around ₹1,500 crores. As a testament to its confidence, the group has invested 10% of the capital as a sponsor commitment into the fund. The fund will primarily provide lending for scenarios where traditional banks face limitations, such as domestic acquisitions or partner buyouts.

Business

Jul 4, 2023

China’s Export Restrictions Trigger Trade War Concerns-thumnail

China’s Export Restrictions Trigger Trade War Concerns

China’s recent move to impose export restrictions on certain metals commonly used in semiconductors, electric vehicles, and high-tech industries has escalated tensions with the United States and raised the potential for disruptions in global supply chains.

Business

Jul 4, 2023

Technology globalization is taking a back seat to national security, according to TSMC founder Morris Chang-thumnail

Technology globalization is taking a back seat to national security, according to TSMC founder Morris Chang

According to the retiring founder of Taiwanese chipmaker TSMC, Technology globalization is taking a second seat to concerns such as national security and technological leadership, with US-China relations consisting more of competition than cooperation.

Business

Jul 4, 2023

How to understand Big Data Analytics for growing your business? Check here-thumnail

How to understand Big Data Analytics for growing your business? Check here

Data Analytics is getting more interactive by the day and we should leverage this to the fullest extent. But due to evolving modern businesses, data is getting more unstructured and

Business

Jul 4, 2023

Indian Hospitality Sector: Taj Hotels and Oberoi Hotels’ Legacy |Progress, Challenges, and Prospects-thumnail

Indian Hospitality Sector: Taj Hotels and Oberoi Hotels’ Legacy |Progress, Challenges, and Prospects

The Indian hospitality sector, known for its richness and depth, has witnessed reform and development in recent years. However, the sector has faced significant challenges, particularly in terms of labour

Business

Jul 3, 2023

Rebel Foods; is a cloud kitchen startup planning to enter the Saudi Arabia market-thumnail

Rebel Foods; is a cloud kitchen startup planning to enter the Saudi Arabia market

In its relentless pursuit of greatness, Rebel Foods aspires to construct a formidable $100 Mn food delivery empire within the Saudi market over the next three years. As part of this ambitious strategy, the company plans to inaugurate an additional 60 stores in Riyadh alone, while simultaneously expanding its footprint to encompass other prominent cities such as Jeddah, Dammam, and Khobar.

Business

Jul 3, 2023

India’s Manufacturing Sector Sustains Growth and Employment Boost-thumnail

India’s Manufacturing Sector Sustains Growth and Employment Boost

India’s manufacturing sector continues to flourish, experiencing robust demand both domestically and internationally, providing a strong foundation for its growth trajectory.

Business

Jul 3, 2023

Elon Musk’s Twitter Limits Pose Challenges for Advertisers, Say Industry Experts-thumnail

Elon Musk’s Twitter Limits Pose Challenges for Advertisers, Say Industry Experts

Elon Musk’s recent decision to impose temporary caps on the number of posts Twitter users can read has raised concerns among marketing professionals.

Business

Jul 3, 2023

Sluggish Demand and Weak Economic Recovery Impact Asia’s Factory Activity-thumnail

Sluggish Demand and Weak Economic Recovery Impact Asia’s Factory Activity

Asia’s Factory Activity experienced a slump in June, according to business surveys released on Monday. The outlook for the region’s exporters was clouded as demand in China and advanced nations remained sluggish, leading to a contraction in manufacturing activity in Japan and South Korea, while China saw marginal expansion. These surveys highlight the toll that China’s weaker-than-expected rebound from COVID-19 lockdowns is taking on Asia’s economy.

Business

Jul 3, 2023

Tesla, BYD Post Record Deals on Interest for Electric Vehicles-thumnail

Tesla, BYD Post Record Deals on Interest for Electric Vehicles

Tesla Inc. Furthermore, BYD Co. set new deal standards in the subsequent quarter, augmenting their lead as the world’s top-selling clean automakers.

Business

Jul 3, 2023

Explanation of how the HDFC Bank HDFC merger would affect equities mutual funds-thumnail

Explanation of how the HDFC Bank HDFC merger would affect equities mutual funds

HDFC Bank DHFC merger: Following the merging of the HDFC twins, a large number of equity mutual funds will have more than 10% stock exposure in HDFC Bank shares.

Business

Jul 3, 2023


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