Rs 50 lakh to 1 crore homes dominate from 2022–2024, budget homes demand declines

IANS | August 8, 2025 3:09 PM

New Delhi, Aug 8 (IANS) India’s residential real estate market is witnessing a notable shift in buyer preferences, with the Rs 50 lakh to Rs 1 crore budget segment emerging as the most in demand, accounting for approximately 28 per cent of homebuyers in 2022, rising to 32 per cent in 2023 and further to 35 per cent in 2024, a report said on Friday.

Trump certainly doesn't know what's happening in Asia and India: Jim Rogers on US tariffs

IANS | August 8, 2025 2:41 PM

New Delhi, Aug 8 (IANS) As US President Donald Trump imposes 25 per cent tariffs on India, with an additional 25 per cent slated to come into effect from August 27, ace American investor Jim Rogers said on Friday that Trump doesn't understand much of the world, and he certainly doesn't understand what's happening in Asia and particularly, India.

SBI clocks 12.5 pc rise in Q1 net profit at Rs 19,160 crore

IANS | August 8, 2025 2:27 PM

Mumbai, Aug 8 (IANS) The country’s largest lender State Bank of India on Friday reported a 12.5 per cent increase in net profit at Rs 19,160 crore for the April-June quarter of the current financial year, compared to the corresponding figure of Rs 17,035 crore in the same quarter of the previous fiscal.