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3 mins read

Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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2 mins read

Budget 2024-25: Govt announces transit-oriented development plan for large cities

The government on Tuesday proposed a transit-oriented development plan for 14 large cities with a p…

PTI   


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Why housing won't get much cheaper when the Fed cuts interest rates

Home prices and rents aren't falling, even if the Fed delivers much-anticipated rate cuts this year…

Jennifer Sor   


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1 min read

China slashes interest rates in a surprise move to boost its slumping economy

China cut several short- and long-term interest rates on Monday as its economy grapples with slower…

Kelly Cloonan   


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Trump doesn't think interest rate cuts should happen before the election

Former President Donald Trump said Fed members "know" they shouldn't cut rates soon, but many econo…

John Towfighi,Madison Hoff,Ayelet Sheffey   


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GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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4 mins read

Lower interest rates could be coming soon. Here's what's at stake if they aren't.

Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…

Madison Hoff,Ayelet Sheffey   


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1 min read

The tough US housing market is hurting sales of big-ticket home appliances, Whirlpool says

With US home prices hitting a record high for the second month in a row in June, big-ticket home ap…

Kelly Cloonan   


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The Fed confirms that Americans will have to wait longer for interest rate cuts

The Federal Reserve held interest rates steady on Wednesday, pushing back any hopes of an interest …

Ayelet Sheffey   


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Europe's central bank cuts interest rates for first time in 5 years

The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…

Theron Mohamed   


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India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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Home prices are falling at the fastest pace since 2022 as stubborn interest rates slash demand

Across the US, 6.4% of sellers issued a price cut in the month leading up to May 26, Redfin said in…

Jennifer Sor   


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5 mins read

Budget 2024: How will long-term capital tax change your real-estate investments post-budget?

There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…

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With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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2 mins read

Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept

The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…

PTI   


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India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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4 mins read

Gold rate today (24th June 2024): Latest price in Indian key cities

Gold rate on Monday rose across India. In Delhi, 10 grams of 24-carat gold cost ₹ 72,380. On the MC…

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5 mins read

Interest-rate cuts could be coming this fall, adding another wrinkle to an election set to focus on the economy

Inflation is cooling just in time for a US presidential election that will likely focus heavily on …

Dan DeFrancesco   


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How did Delhi-NCR and Mumbai housing prices surge by nearly 50% in five years?

Homebuyers in India's two biggest metros, Delhi-NCR and Mumbai, brace yourselves – housing prices h…

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Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash

JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, forei…

Theron Mohamed