Market watch: Asian stocks climb as rate-cut hopes steady markets; crude prices ease on Russia-Ukraine peace signals

File photo (Picture credit: AP) Asian equities began the week on a firmer footing as expectations for a US interest rate cut lifted sentiment across the region, even as oil prices slipped on progress in Russia-Ukraine peace efforts.Market confidence improved after New York Federal Reserve President John Williams indicated there was still “room for a…

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Rental market moderates, NCR sees strong demand: Report

NEW DELHI: Magicbricks has released the rental Index for the July-Sept quarter, highlighting that the rental market is resetting after three quarters of strong activity. The report showed that average rents continued to strengthen, rising 4.4% quarter-on-quarter and 18.1% year-on-year, even as key metros displayed differing levels of tenant activity during this period.National rental demand…

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Wedding splurge fuels consumption surge

When it comes to weddings, most Indians want them to be big, fat and bling. The wedding season is off to a strong start; hotels from Corbett to Bodh Gaya are booked as more Indians choose offbeat locales to tie the knot, shopping of Banarasi sarees, sherwanis, shoes and jewellery is in full swing and…

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Adani looks to acquire pilot training co FSTC

Mumbai: Adani Group‘s defence and aerospace unit is considering an acquisition of Flight Simulation Technique Centre (FSTC), India’s leading non-captive pilot training firm, people familiar with the matter said. If the deal goes through, it will mark the group’s entry into the aviation training business and ramp up its M&A portfolio.Established in 2012, FSTC has…

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No January hikes? FMCG and auto firms stall routine price increases; act cautiously after recent GST cuts

Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government and…

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