Top Stories
Macro
Average home price surged 23% to ₹1.23 cr in H1 FY25; here's why
Luxury homes drive ₹2.8 lakh cr sales in top 7 cities in H1 FY25; despite a 3% dip in unit sales, luxury housing boosted sales value by 18%, with NCR leading in ticket sizes
Macro
From semiconductors to space, India-Italy's 5-yr action plan
Modi and Meloni met for the fifth time in two years with their most recent meeting in June during the G7 summit in Puglia, Italy.
Enterprise
Fortune India Exclusive: IHCL’s 2030 vision is to build a ₹15K Cr hospitality empire
Chhatwal has scripted a winning story for the 121-year-old hotel chain. The market cap of Indian Hotels Co. has touched ₹100,000 crore
Technology
India’s Smart Wearable Device Market Shrinks 21% in Q3 2024
The downturn is attributed to a reduction in new product launches and a cautious inventory strategy, despite the festive season
Technology
What Musk’s revised lawsuit means for the AI world
Calling OpenAI a ‘market-paralysing gorgon’, Musk argued that the two discouraged investors from investing in rival firms, including Musk's own xAI.
PE, VC investments rise 4% to $4.7 billion in Oct
In terms of deal volume, October 2024 saw a 21% increase with 91 deals compared to 75 in October 2023.
IN-SPACe receives 577 applications for commercial space activities
The applicants include 168 startup companies, 92 large industries, 69 MSMEs, and 37 academic institutions.
From semiconductors to space, India-Italy's 5-yr action plan
Modi and Meloni met for the fifth time in two years with their most recent meeting in June during the G7 summit in Puglia, Italy.
Karnataka launches India’s first GCC Policy
The new policy aims to attract 500 new Global Capability Centres, and create 3.5 lakh jobs in the next 5 years. The government signed MoUs to skill 1 lakh people in advanced tech skills.
India’s Q2 unemployment rate lowest since 2017 — 10 key highlights
Unemployment rate for males drop to 5.7% in Q2 FY25, while females see a slight decrease to 8.4%
Centre asks states, UTs to step up surveillance against pollution-linked illnesses
Health secretary Punya Salila Srivastava called for developing district and city-level action plans for climate change and health under NPCCHH.
Multimedia
Global de-Dollarisation! Can BRICS lead the way for trade in local currencies?
De-dollarisation is on rise and will continue, Trump’s return may prove a bigger setback to the USD as reserve currency more than anything else
How India stays on NetZero target
Though India is the third largest national source of global emissions, collective & thoughtful actions are keeping the country’s emission-control goals on track
Growth is slipping, time for complacency is over
No matter how good festival buying eventually turns out to be, it alone can’t drive growth, especially when multiple distress signals are coming from job and income fronts.
COP29 and India’s battle against climate change at home
India must focus on elephants at home – tighten regulations, invest in evacuation of renewable energy and preserve carbon sinks (forests).
Decoding war over satellite spectrum
India moved towards non-auction with the National Digital Communications Policy of 2018 and Telecommunications Act of 2023 but it has to pass Supreme Court’s 2G test
Google’s Pixel 9 Pro XL : Built for AI
Virtual assistant Gemini thrives on this large smartphone and the cameras are more enjoyable than ever