Despite a heatwave sweeping across northern and eastern India, room air-conditioner (RAC) industry is heading into the second half of 2025 with low expectations. Although June saw a spike in sales due to the heat, patchy weather and unexpected rains in many areas have led major AC makers to cut their growth forecast to just…
Dubai is set to expand its residential inventory with the delivery of 73,000 homes in 2025, taking the emirate closer to a total of 300,000 new units by the end of 2028, according to research from property consultancy Cavendish Maxwell.As reported by Arabian Business, Dubai recorded 42,000 property sales transactions valued at AED 114.4 billion…
Cricket fans across Australia have made their excitement for the 2025-26 Men’s Ashes series loud and clear—over 220,000 tickets were sold on the very first day of pre-sale, June 3, smashing Cricket Australia’s single-day ticket sales record. The demand more than doubled the previous record of 111,000 set back in 2017-18 and is being seen…
NEW DELHI: Housing sales in India’s tier-II cities witnessed a mixed performance during the January-March quarter of 2025, with a decline in volume but an increase in value, according to data from real estate consultancy PropEquity, as reported by PTI.A total of 43,781 housing units were sold across 15 tier-II cities in Q1 2025, marking…
The Chinese government’s subsidies aimed at boosting domestic consumption have led to a surge in the sales of digital products like smartphones, tablets, and smartwatches, generating about $20 billion in just four months, according to the Ministry of Commerce.As of Thursday, over 48 million consumers participated in the government’s digital product subsidy scheme, purchasing a…
JK Cement Ltd on Saturday announced a robust 64.5% increase in its consolidated net profit, reaching Rs 361.33 crore for the March quarter of FY25. In comparison, the company had reported a net profit of Rs 219.68 crore in the same quarter of the previous year, according to a regulatory filing.Revenue from operations for the…
Hyundai Motor India Ltd (HMIL) on Friday reported a 4% decline in its consolidated profit after tax (PAT) to Rs 1,614 crore for the fourth quarter ended March 31, 2025, attributed to lower sales in the domestic market.The automaker had reported a PAT of Rs 1,677 crore in the same period last fiscal.Despite the dip…
The last time India and Pakistan faced off in a military confrontation, in 2019, U.S. officials detected enough movement in the nuclear arsenals of both nations to be alarmed. Secretary of State Mike Pompeo was awakened in the middle of the night. He worked the phone “to convince each side that the other was not…
Tesla sales in Germany and Britain fell to their lowest point in more than two years in April, cementing a wider trend of Europeans shunning the U.S. automaker, despite growing demand for battery-powered vehicles in Europe. Registrations of new Tesla vehicles dropped nearly 46 percent in Germany and 62 percent in Britain from a year…
Tesla sales in Germany and Britain fell to their lowest point in more than two years in April, cementing a wider trend of Europeans shunning the U.S. automaker, despite growing demand for battery-powered vehicles in Europe. Registrations of new Tesla vehicles dropped nearly 46 percent in Germany and 62 percent in Britain from a year…