Bharat Express

Business news

The real estate sector remained sluggish, with investment in real estate falling 9% in January-February compared to the same period a year earlier.

The current market size of Indian real estate is Rs 24 lakh crore (around USD 300 billion), split between residential and commercial segments in the ratio of 80 per cent and 20 per cent, respectively.

India's economy grew by better-than-expected 8.4 per cent in the final three months of 2023 - the fastest pace in one-and-half years.

Beijing would issue 1 trillion yuan (USD 139 billion) in long-term bonds to help bridge funding gaps, provide support to financially strapped local governments and invest in both advanced technology and in social support and education.

The edtech company will not be able to pay salaries to employees as the recent funds raised through a rights issue are inaccessible due to a legal dispute with investors.

The special live trading session had an intra-day switch over from Primary Site (PR) to Disaster Recovery (DR) site.

The report highlights the unprecedented growth witnessed in India's economy during the third quarter of FY24, defying all estimates and expectations.

At the interbank foreign exchange, the rupee opened at 83 against the dollar and touched an intraday high of 82.98 and a low of 83.08.

The IMF report reflects that India remains the fastest-growing country among emerging economies.

The interim union budget will be presented by Union Finance Minister Nirmala Sitharaman on upcoming Thursday.