DECLINED
Residential prices surge by 49% in five years in Delhi and Mumbai
Record sales in Delhi and Mumbai cut inventory, raising prices 49% from H1 2019 to H1 2024. NCR, MMR saw price hikes per sq. ft. Anuj Puri noted a 52% stock drop in NCR, with pandemic-driven demand, rising costs, and luxury housing spurring growth. Aakash Ohri and Vivek Singhal highlighted reduced inventory overhang.
Democrats worried after Biden’s bizarre claims in a radio interview even after the questions were vetted by his team
Despite being provided with the questions in advance, Joe Biden is reported to have messed up during the interview to two radio channels. He apparently made some bizarre claims and was yet again found to be fumbling. This only adds to the concerns of the Democratic party who are seeking his ouster ahead of the US Presidential Election in November.
Should Joe Biden undergo a medical check-up? Doctors call for a detailed neurological examination
Doctors have called for a detailed medical check-up of Joe Biden. In recent times, the president is facing a cognitive decline and medical practitioners have called for a cognitive and neurological examination to address these concerns.
Did movie mogul Jeffrey Katzenberg hide Joe Biden's age and health issues? Why is Hollywood angry at him? Details here
Hollywood movie mogul Jeffrey Katzenberg has insisted that Joe Biden is “fine” even though there were apparent signs of cognitive decline that became apparent during last week’s presidential debate.
I need to work less and sleep by 8PM, Biden tells Governors
Joe Biden has reportedly said that he intends to work less and sleep by 8PM. This was said in an interaction with the Governors of Democratic party ruled states. Many analysts point out that this is an acknowledgement of his ‘cognitive decline’.
How did President Joe Biden prepare for the first Presidential Debate? Report highlights some shortcomings
A report has highlighted certain shortcomings in President Biden’s debate preparations. This has come in the midst of desperate calls for his replacement, mostly from within his party and supporters.
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Poverty in India declines to 8.5% from 21.2% in 2011-12: NCAER paper
Poverty in India declined from 21.2% in 2011-12 to 8.5% in 2022-24, despite pandemic challenges, according to NCAER's report "Rethinking Social Safety Nets in a Changing Society." Using data from the India Human Development Survey, the study highlights the need for adaptable social protection systems to match rapid economic and social transformations.
Joe Biden hasn’t been fit for days and he should step down, says a former White House Staff member
A former White House staff member has said that US President Joe Biden has not been fit for many months and the result of the first Presidential Debate is not surprising. He said that the president should not contest the upcoming election. He added that the news regarding Biden’s health is known to the people working with him.
Rupee ends lower pressured by weaker yuan, importer dollar bids
Rupee under pressure as economy cools and FX reserves build up. Investors expect U.S. rate cuts, impacting rupee. Despite importers' dollar demand, rupee may strengthen with inflows. Interest rate futures hint at rate cuts ahead, influencing market sentiment.
Royal Enfield sales dip 5% in June
"We remain steadfast on our long-term plans and are making considerable progress towards the same. This year will be an exciting one for Royal Enfield, as we have several new launches planned that will significantly strengthen our product portfolio," Royal Enfield CEO B Govindarajan said. This month, a highly anticipated roadster - the Guerrilla 450 - will be launched across the world and the company is excited about the possibilities it will unlock in the middle-weight category
White House plays down reports of Biden’s declining cognitive abilities; will he be replaced by the Democrats?
A new report has revealed that US President Joe Biden has been unable to stay active and perform beyond 4pm. His performance during the first US Presidential debate is being scrutinized and there are growing calls to replace him on the ballot box.
Is Joe Biden a ‘10am-4pm’ president? New details emerge on how the White House has been active in shielding the president
A new report has shed light on US President Joe Biden’s mental health and his cognitive decline. The White House has been active in shielding the president and ensuring that he is not put in any situation where this cognitive decline is clearly visible.
PSBs clock higher failure rates for UPI payments
In comparison, private players like HDFC Bank, Axis Bank, ICICI Bank, Yes Bank and IDFC First have an average UPI technical decline of 0.04%. Among private players, Bandhan Bank has seen technical declines of over 1%.
Panic selling or doing nothing: The wisest choice for investors
Panic selling is a phenomenon where investors, gripped by fear, rush to sell their holdings during a market decline. The fear of further losses and erosion of gains in profitable stocks can overwhelm even long-term investors, leading to hasty decisions that may not align with their financial goals.
US Presidential Debate: Joe Biden appeared to lack energy during the debate; Trump was aggressive and confident
A body language expert noted that US President appeared to be frail and not fully cognizant of what was happening around him during the first US presidential debate. His opponent was aggressive and led the charge against the incumbent president.
US Presidential Debate: Trump claims that Biden would be “pumped up” on drugs to hide his cognitive decline
The first US Presidential Debate in the city of Atlanta will be held later today. Ahead of the big event, former US President Donald Trump has fired the first shot and alleged that Joe Biden would be consuming drugs to hide his cognitive inabilities and challenges. In recent times, many news reports have stated that the incumbent president is suffering from various health issues including some form of cognitive decline. The US presidential election will be held in the month of November.
More worries for China, sales at big e-commerce festival drop for first time
This year the shopping festival failed to stir up much excitement among shoppers, industry experts said, even as major platforms extended offers to a weeks-long period to woo consumers who have been tightening their belts amid a gloomy economic outlook.
Sales of affordable homes fall 4% in Mumbai, Bengaluru and other top cities in Jan-Mar: PropEquity
Sales of affordable homes priced up to Rs 60 lakh each declined 4% in eight major cities to 61,121 units during January-March due to lower supply and higher demand for luxury apartments, as per PropEquity data.
Lok Sabha election results: BJP faced major vote share decline in key constituencies in Uttar Pradesh
The BJP experienced a substantial decline in its vote share in Uttar Pradesh, dropping from 49.6% in 2019 to 41.4% this time. In 72 of the 75 constituencies where it ran both times, its vote count fell by a few thousand to 2.2 lakh, totalling about 65 lakh fewer votes, despite an overall increase in the state's total votes.
11,000% rally! Smallcap multibagger stock turns Rs 10,000 to Rs 11 lakh in 10 years
Refex Industries, a manufacturer of refrigerant gases, witnessed a remarkable 11,000% stock rally in the last decade. Recent data shows a 33% rise in shares in the last six months and a 44% increase in the last year.
Japan’s shocking population decline calls for urgent action, govt to take these actions, offer financial help
Birth rate and number of marriages have once again again Japan. This has prompted an urgent budgetary intervention by the government.
Japan introduces dating app to boost marriage and birth rates
Tokyo City Hall is introducing "Tokyo Futari Story" to combat loneliness and declining marriage rates in Japan. This initiative includes a dating app expected to launch by late 2024. Amidst Japan's lowest-ever marriage and birth rates, Prime Minister Fumio Kishida has termed the demographic trend as Japan's gravest crisis. The national government is also providing financial incentives and expanding childcare to encourage family growth and address labor shortages. Elon Musk expressed support, emphasizing the need for radical action.
A 1°C rise in global temperature causes a 12% decline in world GDP: Adrien Bilal
Adrien Bilal discusses the macroeconomic impacts of global temperature rises in the Anthropocene with Srijana Mitra Das at Harvard University.
F&O stocks: HUL, Hindalco among 5 stocks with short buildup
During Thursday's trading, five stocks experienced an increase in newly established short positions. Before delving into this, it's important to comprehend the process of determining whether a stock has indeed encountered a surge in fresh short positions.
Is Joe Biden unwell? Can he continue in office?
Many individuals who have interacted with President Joe Biden have warned of his declining cognitive abilities. He will contest the 2024 Presidential Elections in November for a second term in office.
Railways stocks tank up to 33% in 2 days following narrow BJP-led NDA's election win
In today's trade, railway stocks fell by up to 17%. Titagarh Rail shares tumbled 33%, while Ircon declined by over 26%. Meanwhile, RailTel and IRCTC also fell by over 19% in the past two sessions. Shares of RITES, IRFC, RVNL, Texmaco Rail Systems, and Jupiter Wagons saw declines of between 18-23%.
BlockDAG’s Keynote 2 fuel 30,000x ROI predictions as ATOM crypto price stabilises and Filecoin grows
Despite a 20% drop in ATOM crypto price, the Cosmos Network offers a cost-effective solution with near-zero fees. Filecoin (FIL) shows potential growth, while BlockDAG's Keynote 2 launch unveils groundbreaking updates including the X1 app miner.
Centre's faulty policies, laxity of previous BJP govt caused FDI decline in Karnataka: State Minister MB Patil
MB Patil argued that there is a negative impact on the state also as it is true for the entire country. "But, there is no sharp decline in FY 23-24. The state government has taken constructive measures to better the scenario," he elaborated.
Affordable homes supply down 38%
New supply of affordable homes - priced up to ₹60 lakh each - declined 38% across eight major cities to 33,420 units during January-March this year, with builders focusing on developing luxury flats, according to PropEquity. Real estate data analytic firm PropEquity attributed the fall in new supply to sharp rise in land and construction costs, which has made development of affordable housing projects less profitable or unviable.
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