The subdued performance was attributed to a high base effect from the previous year, combined with disruptions caused by the General Elections and an extended monsoon season, which slowed down real estate activity. However, the market displayed regional variations, with some cities demonstrating resilience while others struggled to maintain momentum.
The premise of the World Economic Forum is undeniably compelling. Who wouldn’t want the world’s most influential individuals collaborating to tackle the planet’s challenges? However, the outcomes of these discussions are frustratingly intangible. Despite decades of convening, the problems Davos purports to address—economic inequality, climate change, and global instability—remain as entrenched as ever. The forum’s record on action leaves much to be desired.
The company’s retail disbursements grew by 31% year-on-year, totaling INR 5,380 crore for the quarter. Notably, the Affordable and Emerging Markets segments played a key role in driving this growth. The affordable housing segment saw a remarkable surge in disbursements, which grew by 126.8% YoY and 46.0% QoQ, amounting to INR 920 crore. Similarly, the Emerging Markets segment recorded a 39.3% YoY increase and a 6.8% QoQ rise, contributing INR 1,105 crore to the disbursement total.
Donald Trump’s return to the global stage has reignited concerns about trade protectionism. On his first day back in office, Trump announced tariffs on Canada and Mexico and hinted at potential hikes targeting other countries, including India. The lack of clarity on his broader economic strategy has unnerved markets. His immigration policies could also hit Indian IT firms hard, adding to the gloom.
Trump’s tariff decisions remain a wildcard for Indian markets, said Prashant Tapse, senior vice president of research at Mehta Equities, adding that uncertainty over his tariff plans for India has led to caution among investors. The U.S. policy framework under Trump could impact the strength of the dollar and Treasury yields, as well as raise inflation, which could mean fewer interest rate cuts.
The long-term costs—both for the US and the world—could far outweigh the short-term political gains. Global health security, much like national security, requires investment, collaboration, and a recognition that no nation can stand alone.
Trump’s re-election comes against the backdrop of an extraordinary political comeback. Defying two impeachments, criminal convictions, and unprecedented challenges to his leadership, his victory over Kamala Harris in November’s election has cemented his place as one of the most polarizing figures in American history.
In the heart of India’s bustling digital economy, a quiet revolution is underway. Cryptocurrencies, once dismissed as a speculative fad,
As per licensing guidelines, applications for Universal Banks and Small Finance Banks will be initially screened by the Reserve Bank to ensure prima facie eligibility of the applicants.
This brings forth the need to address some of the emerging challenges as customer behaviour and preferences are undergoing profound changes while global ecosystems and external factors such as third-party dependencies and technology shifts are growing increasingly complex, reshaping the business landscape, said deputy governor Rajeshwar Rao at an event.