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Luxury homes – categorised as those priced over 15 million rupees (US$179,650) – made up 21 per cent of all residential units sold across the top seven Indian cities in the first quarter of 2024, according to the report. It was 7 per cent for the same period in 2019.
The companies including SRC International Sdn Bhd are asking Rosmah Mansor to give up the luxury goods in her possession and pay US$346 million, or a sum determined by the court, according to a May 9 court filing.
As India’s general election nears the halfway mark, falling voter turnout is prompting concerns about voter disengagement in the world’s largest poll.
Lim Oon Kuin, founder of collapsed oil firm Hin Leong Trading Pte., has been convicted of three criminal charges after a lengthy trial in Singapore, the Business Times reported.
Air India’s budget carrier subsidiary cancelled 85 flights on Thursday, a day after its operations were severely disrupted by dozens of cabin crew calling in sick at the last minute.
In his first news conference in about two years, Yoon pledged on Thursday to improve livelihoods and create a new ministry to boost the country’s birth rate, which is ranked lowest in the world and threatens long-term economic prospects.
“There doesn’t seem to be any indication at all that these issues have remarkable adverse effects on the economy,” Economic Planning Secretary Arsenio Balisacan said on Thursday, shortly after the government reported first-quarter growth of 5.7 per cent, below a 5.9 per cent expansion seen in a Bloomberg survey.
Air India Ltd.’s budget carrier cancelled almost 30 flights since Tuesday, according to data from tracking company FlightAware, after cabin crew called in sick en masse.