Business

Real estate major DLF Ltd has sold all 1,164 luxury apartments for about Rs 11,000 crore within a week of launch of its new housing project in Gurugram, reflecting that demand continues to be strong for premium residential properties from end-users and investors. In a regulatory filing on Wednesday, DLF announced “sell out of its latest luxury offering, DLF Privana...

India’s wholesale inflation eased to a 14-month low of 0.39 percent in May down from 0.85 percent in April, according to data released by the government on June 16. This marks the third consecutive month of easing in the Wholesale Price Index (WPI). “Aided by a favourable base, the WPI inflation expectedly flattened further to a 14-month low of 0.4...

(Reuters) -Gold rose for a fourth straight session to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets. Spot gold gained 0.3% to $3,442.09 an ounce, as of 0246 GMT, after hitting its highest level since April 22 earlier in the...

A black box has been found at the site of the Air India plane crash in Ahmedabad, India’s civil aviation minister said on Friday. The flight data recorder was recovered within 28 hours by India’s Aircraft Accident Investigation Bureau (AAIB), Ram Mohan Naidu Kinjarapu confirmed. All but one of the 242 people on the London-bound flight died when it crashed...

Following an onboard explosion and fire aboard MV Wan Hai 503 off the coast of Kerala, China, expressed gratitude to Indian authorities for their swift and professional rescue efforts. Spokesperson for the Chinese Embassy in Indian, Yu Jing, in a post on X said, “On June 9, MV Wan Hai 503 encountered an onboard explosion and fire 44 nautical miles...

Despite India’s large market size, capacity constraints and global costs are expected to dictate Starlink’s pricing strategy for the country, which will be similar to other nations in the subcontinent, official sources said. In India, Starlink kits are expected to cost about ₹33,000, while monthly subscription may remain between ₹3,000 and ₹4,200, in line with prices announced for neighbouring Bangladesh...

American Secretary of Commerce Howard Lutnick has said a trade deal between India and the United States (US) could be finalised in the “not too distant future” because “we’ve found a place that really works for both countries”. He signalled that the agreement might be concluded before the end of a 90-day pause on American reciprocal tariffs, which expires on...

As the small car segment continues to witness gradual decline with affordability factor coming into play, Maruti Suzuki India on Monday called for incentives to spur the sales. Entry cars priced below Rs 5 lakh, which used to be around a million units (9,34,538 units) in FY16, have declined to just 25,402 units in FY25 and accounting for less than 30% at...

SpaceX’s prototype Starship exploded over the Indian Ocean on Tuesday (May 27, 2025), capping another bumpy test flight for the rocket central to billionaire Elon Musk’s dream of colonising Mars. The biggest and most powerful launch vehicle ever built lifted off around 6:36 p.m. (2336 GMT) from the company’s Starbase facility, near a southern Texas village that earlier this month...