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  • Gurugram's housing market experiences strong demand from both end-users and investors, dispelling speculation of a bubble, according to Signature Global Chairman Pradeep Kumar Aggarwal. While prices have significantly increased since 2020, the pace of growth is expected to moderate.

    Ram Madhvani, the National Award-winning filmmaker, has announced an ambitious AI-VR venture, Equinox Virtual, to create India’s first spiritual, mythological, and cultural universe in virtual reality. The first short film is an AI adaptation of the Bhagavad Gita, with plans to scale to 100 films by 2028.

    Wockhardt Ltd has decided to shut down its loss-making US generics business to channel its energy and funds into developing new antibiotics and insulin products. The company filed for voluntary liquidation of its US subsidiaries on 11 July. Wockhardt’s shift comes after years of losses in America and will help it tighten its focus on innovation. The firm says operations in India, the UK and Ireland will stay unchanged. Its shares rose 3.5% after the announcement.

    Geological Survey of India explores Purulia for rare earths. This aims to reduce India's import dependence. Exploration is also underway in Assam. These blocks will be auctioned soon. India has discovered vanadium deposits in the Himalayas. Government will launch a scheme to boost rare earth magnet manufacture. India is actively pursuing lithium exploration across states.

    Mercedes-Benz India reports record sales. First-quarter sales increased by 10%, reaching 4,238 units. High-end models and electric vehicles drive growth. Demand for luxury cars rises in India. Top-end model sales increased by 20%. Electric vehicle sales doubled, now 8% of total sales. Core segment also shows 10% growth. Mercedes leads luxury vehicle sales in India.

    Gautam Adani unveiled plans for an AI-driven healthcare ecosystem in India, emphasizing affordability and scalability. He highlighted the need for a system-wide redesign, citing low back pain as a major disability. Adani announced Adani Healthcare Temples with Mayo Clinic's guidance, focusing on integrated care, technology, and skilled professionals to address healthcare gaps.

    Kia India has appointed Atul Sood as the new Senior Vice President for Sales & Marketing, effective immediately. Reporting to Chief Sales Officer Joonsu Cho, Sood will spearhead the brand's national sales strategy and operations.

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The case for fixed-income investments: What Gen-Z investors should know

Fixed-income investments offer Gen-Z investors stability and predictable returns, complementing a diversified portfolio. Experts advise understanding risk, utilizing mutual funds, and timing investments based on interest rate cycles. With increased accessibility through platforms like Bond Central, young investors can leverage fixed income for financial growth, balancing risk with disciplined investing through SIPs to achieve long-term security.

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Friday, 11 Jul, 2025

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Yes, the new Superman is a pro-immigration and anti-Trump blockbuster

Yes, the new Superman is a pro-immigration and anti-Trump blockbuster

James Gunn's 'Superman' reboot introduces a political dimension. The film features Superman's interview with Lois Lane and his intervention in Boravia. Lex Luthor spreads anti-Superman sentiment online. The movie explores themes of immigration and authoritarianism. It contrasts with past Superman films, addressing contemporary issues. The film also delves into Superman's Kryptonian origins.

US to triple visa cost for Indians in 2026; apply now to avoid ₹20,000 hike

US to triple visa cost for Indians in 2026; apply now to avoid ₹20,000 hike

Traveling to America will be more expensive for Indians. From 2026, a new Visa Integrity Fee of $250 will be added. The total visa cost will rise to $472. This affects tourist, student, and work visas. The US says it's to ensure visa compliance. Indians can save money by applying before 2026. Apply in 2025 to avoid the new fee.

London Heathrow is about to get a £10 billion upgrade

London Heathrow is about to get a £10 billion upgrade

London's Heathrow Airport will invest heavily to improve its global ranking. A massive £10 billion project aims to upgrade terminals and services. The plan includes redesigning terminals and using AI to improve punctuality. Landing charges may increase to fund the project. British Airways and Virgin Atlantic have expressed concerns.

Spanish tourism growth to slow as uncertainties hit travel

Spanish tourism growth to slow as uncertainties hit travel

Spain's tourism sector faces a slowdown. Growth is projected at 3.3% for 2025, lower than earlier forecasts. Economic and geopolitical issues impact travel demand. Tourism remains a key driver for Spain's economy, contributing 13.2% next year. Spain led the EU in tourist accommodation in 2024. Increased tourism has sparked protests due to congestion and rising costs.

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