Interest rate sensitive shares from the sectors such as banking, automobiles and real estate were in focus ahead of the Reserve Bank of India (RBI) Governor Urjit Patel-led Monetary Policy Committee (MPC) meeting due later in the day. A majority of the nearly 60 analysts polled by Reuters predict the ... Read More »
Even as the boardroom battle at the Tata group heads towards some kind of denouement, it is amazing to see how much either side has relied upon external communication consultants to present their side of the story to the public. This is despite the presence of a strong in-house public ... Read More »
Anxiety about losing your job to technology is both a rational and growing fear. Andy Haldane, the chief economist at the Bank of England, recently estimated that 15m jobs in the UK were threatened by automation. Technology is reaching such levels of sophistication that it is capable not only of ... Read More »
“Often the perception of the fashion industry is that it’s a frivolous entity, based on silly ideals about what we should wear, and how we should look.” So goes the opening line to my TEDx talk delivered in London in late October this year. Feeling extremely privileged to be invited ... Read More »
Microsoft asked people who hold research positions in the company to share their thoughts on future developments in their different fields. Microsoft chose 17 women in order to draw attention to the opportunity for careers for women in STEM fields. The researcher’s ideas about future technology in 2017 and 2027 make ... Read More »
AMBERNATH, India—Saturdays are typically busy at the sales office of Patel’s Planet, one of the many new apartment developments in the suburbs surrounding Mumbai where India’s fledgling middle class has been flocking in recent years. But last Saturday, it was virtually deserted. Prateek Patel, the cousin of the developer, complained ... Read More »
Dombivli -based A. Gandhi is finding it difficult to sell his two bedroom flat, after the central government demonetised the Rs 500 and Rs 1000 notes in November. “My flat has been on the market for nearly four months and I had got to the point of signing the agreement ... Read More »
The demonetisation drive by the Modi government has had an impact on the real estate sector with the number of enquiries and walk-ins by homebuyers falling by almost half as they postpone purchase decisions and wait for a further fall in prices. A substantial decrease in enquiries and walk-ins has ... Read More »
According to the Real Estate (Regulation and Development) Act, 2016, (RERA) all the state governments were to put in place the Act’s rules and regulations for their respective states by 31 October. But the deadline was missed by most states. On 23 November, the Ministry of Urban Development finalised the ... Read More »
Outgoing Italian PM Matteo Renzi has agreed to stay in power until the Senate passes its 2017 budget in the coming days, the president says. Mr Renzi formally resigned after his heavy defeat in a constitutional referendum a day earlier, but the president requested the delay. President Sergio Mattarella will ... Read More »
Officials have said 36 people are now confirmed dead from a fire at a warehouse party in Oakland, California, and have opened a criminal inquiry. Eleven victims have already been identified, with the families of those still missing being asked to submit DNA samples to investigators. Crews have suspended body-recovery ... Read More »
Searchers have recovered 33 bodies — some of them teens 17 years old or possibly younger — from a fire-ravaged warehouse in Oakland, California, that housed artist studios and was hosting a dance party when the deadly blaze broke out, officials said today. Sgt. Ray Kelly of the Alameda County ... Read More »
