UNBELIEVABLE: 11 | History Defined

Godrej Properties eyes record Rs 41,500 crore sales bookings, expects to beat FY27 guidance

Godrej Properties is poised for a record sales growth of 22 percent this fiscal year. The company anticipates sales bookings reaching around Rs 41,500 crore due to strong demand. This positive trend persists despite economic uncertainties stemming from the West Asia crisis. Future projects are planned for major markets, including…

The Economic Times · Oct 25

Cultivation of large cardamom emerges as a lucrative option for higher income from limited land

A farmer in Himachal Pradesh's Bilaspur district has cultivated large cardamom for 20 years, producing 2-3 quintals annually on about one bigha of land. Priced at around Rs 1.8 lakh per quintal, the crop offers an alternative income source for farmers with reliable irrigation, according to the agriculture department.

The Economic Times · Oct 25

Court allows cheating proceedings against M3M in Gurugram land dispute over alleged non-payment of consideration

A Delhi court upheld a cheating and criminal conspiracy case against M3M India Pvt Ltd regarding a land dispute. The court ruled that the case could proceed under relevant sections of the Indian Penal Code. However, it set aside the cognizance for criminal breach of trust due to insufficient evidence…

The Economic Times · Oct 25

How fake passport and asylum bid exposed gangster Himanshu Bhau in US

Himanshu Bhau and Neeraj Faridpuria attempted to exploit US immigration laws to secure asylum. They surrendered to US authorities, which resulted in their biometrics being logged into the ICE system. Investigations linked both men to multiple criminal cases in India, including serious violent crimes. Indian and US authorities are now…

The Economic Times · Oct 25

Mcap of 8 of top-10 firms erodes by Rs 1.55 lakh cr; HDFC Bank, Bajaj Fin biggest laggards

Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj Finance were particularly striking. The BSE Sensex plummeted by 1,605.44 points, indicating a bearish atmosphere across equities. While Tata Consultancy Services and Larsen & Toubro…

The Economic Times · Oct 25

'Abide by local laws': Indian Embassy advises nationals against filming missile interceptions in Saudi Arabia

India has advised its nationals in Saudi Arabia to follow local laws and avoid sharing sensitive information. The warning is due to increased tensions following drone and missile attacks by Yemen's Houthi rebels. Air India flights to Saudi Arabia continue to be suspended for an extended period affecting many travelers.…

The Economic Times · Oct 25

GST tribunal says airlines can claim tax refund if fare, GST returned to passengers

GST Appellate Tribunal ruled that GST paid on cancelled airline tickets is refundable if conditions are met. Singapore Airlines successfully claimed refunds amounting to Rs 45,92,528 for flights cancelled due to COVID-19. The Tribunal highlighted that sufficient evidence was provided to demonstrate that tax incidence was not passed on to…

The Economic Times · Oct 25

F&O Talk: Nifty plunged 2% this week. Are charts indicating a deeper sell-off?

SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising volatility and technical indicators point to further pressure. He identifies key Nifty support and resistance levels and flags IT as a relatively stronger sector.

The Economic Times · Oct 25

Resumption of war with US, Israel won't change Tehran's stance: Iran FM Araghchi

Iran's Foreign Minister Abbas Araghchi reiterated that any renewed conflict with the US and Israel would not shift Iran's policies. Tensions have escalated following threats from the US regarding potential attacks on Iran’s interests. A ceasefire in April ended intense fighting, although sporadic exchanges have since continued. Iran claims control…

The Economic Times · Oct 25

Know Your Fund Manager | Paresh Jain, Fund Manager, Baroda BNP Paribas Mutual Fund

A Baroda BNP Paribas Mutual Fund manager shares his journey across the sell side and buy side, investment philosophy based on growth at a reasonable price, and focus on business quality, management integrity and valuations.

The Economic Times · Oct 25