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Bloomberg Quint

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Bahrain Grand Prix 2025: Race Schedule, India Timings, Where To Watch And More

  • The Bahrain Grand Prix 2025 is set to take place on Sunday, April 13th.
  • The race will consist of 57 laps covering a total distance of 5.412 kilometers.
  • Max Verstappen enters the event just one point behind the Drivers' Championship leader Lando Norris.
  • Fans in India can watch the Bahrain Grand Prix live on the FanCode app and website.

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Bloomberg Quint

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Keystone Realtors Bets On Strong Pipeline For Rs 4,000 Crore Pre-Sales In FY26

  • Keystone Realtors aims to achieve Rs 4,000 crore in pre-sales for fiscal 2026.
  • Undersupply is driving demand in the real estate market.
  • Keystone Realtors is significantly increasing its construction spend, targeting Rs 827 crore for the coming year.
  • Boman Irani calls for a shift toward global norms for affordable housing and updates to the price cap that qualifies homes for GST benefits.

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Bloomberg Quint

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Trump Plans Order To Enable Critical Metals Stockpiling: Report

  • US President Donald Trump's administration is planning an executive order to allow the stockpiling of critical metals from the Pacific seabed, according to the Financial Times.
  • Trump has already invoked emergency powers to boost domestic production of critical minerals and reduce reliance on foreign imports, especially from China.
  • The order would fast-track deep-sea mining applications and create a stockpile of critical metals, including rare earth minerals, giving the US access to its own inventory in case of a conflict with China.
  • China is the world's largest supplier of rare earth minerals, accounting for almost 70% of global production, according to the US Geological Survey.

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Bloomberg Quint

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700 Kg Banned Tobacco Products Seized After Raid At Supermarket In Kerala

  • Nearly 700 kgs of banned tobacco products were seized during a raid at a supermarket in Kadakkal, Kerala.
  • The contraband was found stacked in several gunny bags and stored in a shed adjacent to the supermarket.
  • The shop owner, who has been involved in similar cases before, managed to flee during the raid.
  • Around one lakh tonnes of various banned contrabands have been seized by the Chadayamangalam Excise personnel in the last month.

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Bloomberg Quint

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Ashiana Housing Q4 Sales Bookings Fall 33% To Rs 575 Crore

  • Realty firm Ashiana Housing Ltd's sales bookings declined 33% to Rs 574.73 crore in the fourth quarter of the last fiscal.
  • The company sold 597 units in Q4 of FY25, compared to 451 units in Q3 of FY25 and 628 units in Q4 of FY24.
  • However, the company's sales bookings rose 8% to Rs 1,936.75 crore in the last fiscal, marking the highest-ever annual sales for the company.
  • Ashiana Housing is a Delhi-based real estate developer specializing in group housing projects and senior living homes.

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Bloomberg Quint

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Top 7 Indian Cities See 4-8% Rise In Office Rent In 2024: Vestian

  • The rent for office spaces in India's seven major cities rose 4-8% annually in 2024 while the eight big overseas markets saw a mixed trend in rental growth, according to Vestian.
  • Among seven Indian cities, Mumbai saw an increase of 6.7% in monthly average office rent to $1.6 per square feet.
  • Delhi saw an 8.2% rise in monthly rentals to $0.9 per square feet, while Bengaluru witnessed a 4.7% rise to $1.1 per square feet.
  • The consultant said prime commercial hubs like Mumbai's BKC and Delhi's central business district (Connaught Place and adjoining area) command high rentals, with average rent reaching $3-4 per sq ft a month.

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Bloomberg Quint

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Converting Large Credit-Card Purchases Into EMIs? Interest Rates To Fees, Key Factors To Check

  • Converting large credit purchases into EMIs has its benefits, but it can also come with certain disadvantages.
  • Factors to consider when converting credit card purchases into EMIs include processing fees, interest rates and tenure, pre-closure charges, credit score impact, and reward points.
  • Timely payments are crucial when opting for EMIs as defaults or delays negatively affect credit scores and limit future expenses.

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Bloomberg Quint

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Newly Married? Take These 10 Steps To Manage Money Well With Your Partner

  • Managing finances together is one of the smartest things you can do as a couple.
  • Talk openly about money and share your financial details, goals, and debts from the beginning.
  • Create a joint budget that tracks your incomes, expenses, and savings.
  • Regularly communicate about your finances, update important documents, and seek advice from financial experts if needed.

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Bloomberg Quint

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EPFO: How To Locate Your PF Account Number In Four Easy Ways

  • Employees in India’s formal sector contribute to the Employees' Provident Fund (EPF) for building a retirement corpus.
  • To track PF account details, employees can use their Universal Account Number (UAN) and log in to the EPFO website.
  • The salary slip and the Umang app can also provide PF and UAN information.
  • Employees have the option to visit their nearest EPF office and provide necessary details to get their account details.

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Bloomberg Quint

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Credit Score: How Foreclosing A Loan Impacts Your Score

  • Foreclosure results in a significant drop in the credit score, with its impact determined by various factors, such as the credit history before the process and other details.
  • The foreclosure remains mentioned on the person's credit report for a period of seven years, making it difficult to qualify for new credit.
  • Borrowers might face higher interest rates and other charges when applying for new credit or loans after foreclosure.
  • A foreclosure can make it difficult for individuals to rent a new house, as property management firms often look into credit reports.

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Bloomberg Quint

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Earthquake Of 5.8 Magnitude Hits Pakistan, Tremors Also Felt In Kashmir Valley

  • An earthquake of 5.8 magnitude hits Pakistan, with tremors felt in the Kashmir Valley.
  • Preliminary reports indicate no damages from the earthquake.
  • The earthquake's epicenter was 60 km northwest of Rawalpindi.
  • Tremors were also felt in India's Jammu & Kashmir region.

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Bloomberg Quint

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UPI Faces Another Outage As Several Users Face Issue With Payments

  • The Unified Payments Interface system has faced another outage, as several users were unable to process their payments on Saturday.
  • Scores of Google Pay, PhonePe and Paytm users reportedly faced issues in accessing the UPI services.
  • Around 79% of the users faced issued related to payments, whereas 19% were unable to transfer funds.
  • The National Payments Corporation of India acknowledged the outage and stated that they are working to resolve the issue.

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Economic Times

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Peter Thiel’s Founders Fund raises $4.6 billion to back growth-stage startups

  • Peter Thiel’s venture capital firm, Founders Fund, has raised $4.6 billion for a new growth-stage vehicle.
  • The fund, named Founders Fund Growth III, will focus on later-stage startups in sectors like AI, defense technologies, and advanced manufacturing.
  • Thiel's investment philosophy prioritizes contrarian bets with geopolitical or technological significance, and the fund has previously backed companies like SpaceX and Facebook.
  • The successful close of Growth Fund III establishes Founders Fund as a major player in the growth-stage venture landscape.

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Bloomberg Quint

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Titan To Senco: Jewellers' Insights On India's Evolving Gold Consumption

  • Consumers in India are increasingly viewing gold as both a symbol of adornment and an investment option, leading to changes in gold consumption trends.
  • Rising sales of gold bars and coins pose challenges for jewellers in maintaining topline growth and margins.
  • Titan, a leading gold retailer, reported significant growth in plain gold jewellery sales and gold coin sales, highlighting the growing inclination of Indian consumers to invest in gold.
  • Senco Gold Ltd. also experienced robust results with a 23% YoY growth in retail operations and an 18.4% same-store sales growth, driven by strong wedding season demand.

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Bloomberg Quint

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Delhi Dust Storm Leads To Chaos At Airport, Over 200 Flights Delayed

  • A powerful dust storm in Delhi and neighboring regions led to chaos at Indira Gandhi International Airport, with over 200 flights delayed.
  • At least 205 flights were experiencing delays and approximately 50 were forced to divert from their scheduled landings.
  • The dust storm reduced visibility and caused physical damage across the city, including downed trees and power outages.
  • The India Meteorological Department issued an 'orange' alert for further thunderstorms and lightning in Delhi.

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