BUSINESS

Ayodhya land prices: Circle rates revised first time in 8 years; Soars upto 200%

Ayodhya witnesses a significant surge in property prices, with circle rates rising up to 200% after eight years. The hike, especially pronounced near the Ram Janmabhoomi Temple, is driven by religious tourism and infrastructure development. While increasing stamp duty, the revision is expected to benefit landowners and promote transparency in property deals.

TIMES OF INDIA
2 hours ago
Read Full Article

MORE TO CATCH UP

BUSINESS

Tata Power’s TP Solar crosses 4 GW of solar module production at its TN plant

TP Solar is targeting 3.7 GW of solar cell output and 3.725 GW of module production in FY26, further solidifying its commitment to supporting India’s clean energy transition, the company said.

THE HINDU BUSINESS LINE
28 minutes ago
BANKING

Poonawalla Fincorp launches industry-first 24/7 fully digital business loans for MSMEs

This innovative offering provides instant approval with a risk-first approach and flexible repayment options

THE HINDU BUSINESS LINE
29 minutes ago
BANKING

RBI to discontinue daily variable rate repo auctions amid ample liquidity in the banking system

The move to discontinue VRR auctions comes in the backdrop of the liquidity surplus of about ₹2.45 lakh crore as on June 8

THE HINDU BUSINESS LINE
30 minutes ago
BUSINESS

Key sectors in market may be overvalued: Kotak Institutional Equities

“The valuations of the market are expensive and of many ‘narrative’ stocks bizarre after the sharp recovery in the market in the past 4-5 weeks” Kotak Institutional Equities said.

THE HINDU
45 minutes ago
BUSINESS

Hospitality sector: ICRA projects 6% growth in revenue; outlook revised to 'stable'

India's hospitality sector is poised for steady growth, projecting a 6-8% revenue increase in FY2026, according to ICRA. While revising its outlook to 'Stable,' ICRA anticipates strong pan-India occupancy in premium hotels, reaching 72- ...more

TIMES OF INDIA
53 minutes ago
BUSINESS

Amazon's Pennsylvania investment: 2 data centres worth $20 billion; One taps directly into nuclear power

Amazon is investing $20 billion in Pennsylvania for two data center complexes, one near a nuclear plant. This project, part of a larger expansion with billions pledged in other states, faces federal scrutiny due to its direct power draw ...more

TIMES OF INDIA
1 hour ago
AGRICULTURE

Bumper crop, low demand drag potato prices by 50% in Bengal

Bumper crop has caused significant losses for farmers

THE HINDU BUSINESS LINE
1 hour ago
BUSINESS

Rapido to raise ₹125 cr from Nexus Partners ahead of foray into food delivery

The fresh capital infusion comes as Rapido gears up to enter the food delivery segment, with a pilot launch scheduled for this month

THE HINDU BUSINESS LINE
1 hour ago
BUSINESS

Bajaj Allianz Life achieves 99.29% claim settlement ratio in FY 2024-25

Bajaj Allianz Life Insurance, one of India’s leading private life insurers, achieved an individual death Claim Settlement Ratio of 99.29 per cent in FY 2024–25.  

THE HINDU BUSINESS LINE
1 hour ago
STOCKS

Wakefit converts to public limited company in its run up to 2025 IPO

The company had earlier initiated plans to launch its IPO in 2025, targeting a valuation of ₹1,500 to ₹2,000 crore

THE HINDU BUSINESS LINE
1 hour ago
COMMODITIES

Maharashtra sugar mills to promote AI for sugarcane cultivation 

Vasantdada Sugar Institute signs MoU with Baramati Agricultural Development Trust

THE HINDU BUSINESS LINE
1 hour ago

Subscribe for latest news updates from NewsFomo

Get over your FOMO of knowing what's happening. Never miss what matters to you!