The cost of real estate construction in India has risen by 11% over the past year, according to a recent report by Colliers India. This increase is largely attributed to a significant rise in labour costs, which have surged by 25% annually. Labour expenses now account for over 25% of total construction costs, placing additional strain on budgets and operational expenditures. A growing demand for skilled workers, along with costs associated with training, safety, and compliance, has further dr

In a surprising turn of events, N Chandrababu Naidu, president of the Telugu Desam Party (TDP) and Andhra Pradesh Chief Minister, has chosen Kanumuru Raghu Ramakrishnam Raju as the state assembly's new deputy speaker. This decision has sparked intense debate, especially after months of speculation that Naidu would allocate the position to one of his alliance partners, either Jana Sena Party or the Bharatiya Janata Party (BJP). Names like Mandali Buddha Prasad from Jana Sena and P Vishnu K

Recently re-elected for a second term, U.S. President-elect Donald Trump has suggested to House Republicans that he might consider pursuing an unprecedented third term. Known for making bold statements, Trump said, “I suspect I won’t be running again unless you (supporters) say otherwise,” stirring excitement among his audience at a Washington, D.C., hotel event ahead of his meeting with President Joe Biden. While the U.S. Constitution restricts any president to two terms, q

US President-elect Donald Trump’s proposed H-1B visa restrictions could have significant implications for India's economy. A report by the State Bank of India (SBI) suggests that while stricter visa rules might increase costs for Indian IT firms operating in the US, they could also encourage India to focus more on domestic manufacturing and economic independence. This potential shift aligns with Prime Minister Narendra Modi’s Atmanirbhar Bharat (self-reliant India) initiative,

Swiggy's much-anticipated entry into the stock market on Wednesday created over 500 new "crorepatis" among its current and former employees. The food delivery and quick commerce giant’s listing is set to unlock approximately ₹9,000 crore in Employee Stock Option Plans (ESOPs) for around 5,000 employees, according to sources familiar with the matter. Swiggy’s IPO was priced in the range of ₹371-390 per share, with shares debuting at a premium, listing at

In just two days, equity investors faced a staggering loss of ₹13 lakh crore in market valuation as the BSE benchmark Sensex saw a sharp 2.27% drop. The benchmark index shed 1,805.2 points, with a 984.23-point decline on Wednesday, November 13, 2024, ending at 77,690.95. Experts cited soaring retail inflation, which hit a 14-month high of 6.21% in October, persistent foreign fund outflows, and muted corporate earnings as the primary reasons behind the significant market correction

Bharat Rashtra Samithi (BRS) working president K. T. Rama Rao (KTR) has leveled serious allegations against Chief Minister A. Revanth Reddy, accusing him of forcefully acquiring land from farmers in Kodangal for a Pharma Village project. The land, according to KTR, is intended for Maxbien Pharma, a company owned by Revanth Reddy’s son-in-law. KTR condemned the Chief Minister for prioritizing his family's interests over the welfare of the farmers and accused him of using coercive tac

After cracking the whip on social media activists of the YSR Congress party for their alleged vulgar and obscene posts on social media against the TDP leaders and their alliance partners, the Andhra Pradesh police are now targeting film personalities who had targeted the TDP leaders during the YSRCP regime. On Wednesday, the Andhra Pradesh police served notice on ace director Ram Gopal Varma for posting derogatory comments and pictures on social media against TDP president N Chandrabab

In a significant political development, Pawan Kalyan's Jana Sena Party has made a notable entry into the Vijayawada Municipal Corporation (VMC) with the defection of four key corporators from the YSR Congress Party (YSRCP). The four corporators - Ummidishetti Radhika, Mahadev Appaji Rao, Attuluri Adilakshmi, and Maripilla Rajesh - officially joined the Jana Sena Party during a ceremony that was attended by Pawan Kalyan himself. This move comes after a series of defections, as three of the

Starlink, the satellite internet service by Elon Musk, is set to make its entry into India's telecom and internet market, a move that could potentially disrupt the dominance of major players like Mukesh Ambani's Jio, Sunil Bharti Mittal's Airtel, and BSNL. The service aims to bring ultra-high-speed internet via satellite constellations in low-Earth orbit, offering an alternative to traditional broadband connections. Starlink has long expressed its intention to enter the

World Diabetes Day (WDD) is observed annually on November 14 to raise awareness about diabetes, a chronic disease affecting millions worldwide. The event, organised by the International Diabetes Federation (IDF) and the World Health Organization (WHO), aims to highlight the risks of diabetes, preventive measures, and ways to manage and live with the condition. The theme for World Diabetes Day 2024, “Breaking Barriers, Bridging Gaps,” underscores the commitment to lowering diabetes

Arjun Tendulkar, the 25-year-old son of cricket icon Sachin Tendulkar, made a statement in the ongoing Ranji Trophy Plate match, picking up his maiden five-wicket haul in First-Class cricket. Arjun’s stellar bowling performance saw him claim figures of 5/25, helping bowl Arunachal Pradesh out for just 84 runs on Day 1. Starting strong, Arjun dismissed Nabam Hachang in the second over and followed up with two wickets in consecutive balls in the 12th over, leaving him on a hat-t

In a bid to boost tourism and support the recovery of Wayanad following devastating landslides earlier this year, Rahul Gandhi, the Leader of the Opposition (LoP) in the Lok Sabha, visited Kerala's longest zipline at the Karapuzha dam site on Tuesday. His visit came

India's Nifty 50 index has entered the correction zone, falling over 10% from its peak in late September. This decline comes as foreign investors continue their record-level selloff of domestic stocks, triggering broad market losses. On Tuesday, the Nifty 50 dropped by 1.4%

In a recent interview with Sky News Australia during his visit, External Affairs Minister Dr. S. Jaishankar responded sharply to a question from Australian journalist Sharri Markson, who asked if India recognizes Australia's "angst" over its relationship w

In a shocking incident at Kalaignar Centenary Hospital in Chennai, a Tamil Nadu government doctor was stabbed seven times on Wednesday morning by a young man. The attacker, reportedly the son of a cancer patient being treated by the doctor, allegedly carried out the att

The Indian rupee opened at 84.39 against the US dollar on Wednesday, remaining near its all-time low of 84.4162. The Reserve Bank of India (RBI) is continuing its efforts to stabilize the currency, with analysts Amit Pabari and Anil Kumar Bhansali suggesting that the ce

The Board of Control for Cricket in India (BCCI)'s decision to cancel the warm-up match against India A ahead of the Border-Gavaskar Trophy has drawn criticism, especially given the inconsistent form displayed by several Indian cricketers in recent months. In response, the Indi

Not so long ago, former MP from YCP, Raghu Rama Krishna Raju, faced a tumultuous period in Andhra Pradesh, enduring threats of arrest and harassment from ex CM Jagan Mohan Reddy. Despite being a sitting MP, RRR was arrested by AP CID and subjected to torture, highlighting the extent of political vendetta he had to endure. However, RRR refused to succumb to Jagan's oppression and strategically made his move by joining TDP ahead of the 2024 polls. Winning Undi with a significant majo

It is no secret that Revanth Reddy and KTR have been arch rivals in Telangana for over a decade now. They are constantly in a warring situation and for the most part, KTR had the upperhand while KCR was the CM of Telangana for nearly a decade. But now that Revanth is the CM, things are bound to change drastically. In this connection, Revanth Reddy has hinted at possible action against KTR in the Formula E scam which is being actively pursued by the Telangana government. A related memor