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Theron Mohamed
19 Apr 2024, 19:04

People are forking out record $2,800 a month on average just to cover their mortgage payments

People are forking out record $2,800 a month on average just to cover their mortgage payments

People are forking out record $2,800 a month on average just to cover their mortgage payments

The median monthly mortgage payment jumped 11% in the past year due to surging interest rates and soaring home prices.

Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
19 Apr 2024, 17:29

Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts

The 30-share BSE Sensex climbed 599.34 points or 0.83 per cent to settle at 73,088.33. The index opened lower and tanked further 672.53 points or 0.92 per cent to hit a low of 71,816.46 in early trade. However, the index rebounded in the second half on value-buying in banking shares. The NSE Nifty jumped 151.15 points or 0.69 per cent to close at 22,147. The broader index dropped to a low of 21,777.65 in early trade before paring its losses to end in the green.

India's exports to China, UAE, Russia, Singapore rose in 2023-24
19 Apr 2024, 12:31

India's exports to China, UAE, Russia, Singapore rose in 2023-24

China, Russia, Iraq, UAE, Singapore are among countries where India's exports in the just-concluded financial year have risen substantially, though with a low base.