Connect with us

Business

Elon Musk’s SpaceX set to go public in $1 trillion share listing

Published

on

Elon Musk’s SpaceX set to go public in  trillion share listing


The firm, which makes rockets, space exploration technology and Starlink satellites, is privately held, but on Wednesday it made a confidential filing with authorities for an initial public offering (IPO), which would allow its shares to be traded on the stock market.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Non-Vegetarian Thali Price March 2026: Home-cooked non-veg thali gets cheaper in March, veg meal cost stays flat: Report – The Times of India

Published

on

Non-Vegetarian Thali Price March 2026: Home-cooked non-veg thali gets cheaper in March, veg meal cost stays flat: Report – The Times of India


The cost of a home-cooked non-vegetarian thali fell 1 per cent year-on-year in March 2026, while the price of a vegetarian thali remained unchanged, as lower prices of onions, potatoes and pulses helped offset higher costs of tomatoes, vegetable oil and fuel, according to a Crisil Intelligence report.In its latest Roti Rice Rate report, Crisil Intelligence said the average cost of preparing these meals was calculated using input prices from North, South, East and West India. The monthly indicator tracks how changes in food prices affect household budgets, particularly for common meals.“Cost of non-vegetarian thali fell 1% on-year in March, while that of vegetarian thali remained stable, as lower prices of potatoes, onions and pulses offset higher costs of tomatoes, vegetable oil and fuel,” the report said, as quoted by news agency ANI.

Tomato spike keeps vegetarian thali from getting cheaper

The vegetarian thali stayed flat largely because of a sharp rise in tomato prices. Tomato prices climbed 33 per cent year-on-year to Rs 28 per kg in March 2026, compared with Rs 21 per kg in March 2025.The report said the increase was caused by delayed transplantation in major producing states such as Karnataka and Andhra Pradesh, which affected crop growth, yields and the timing of arrivals in markets.Meanwhile, onion prices fell 25 per cent on-year. “Onion prices fell 25% on-year due to excess supply from overlapping late kharif arrivals and rabi harvest, coupled with weak exports, leading to distress sales given the limited shelf life of late kharif onions,” the report noted.Potato prices also dropped 13 per cent year-on-year, helped by weak demand from the hotel, restaurant and catering sector and broader stock liquidation.

Broiler prices pull down non-veg thali cost

The fall in the non-vegetarian thali was mainly driven by softer chicken prices. Broiler prices declined an estimated 2 per cent year-on-year, which had a meaningful impact as broilers account for around half the cost of a non-veg thali.“The cost of a non-veg thali fell due to an estimated 2% on-year decline in broiler prices, which accounted for ~50% of the cost, on a high base,” the report said.

Monthly thali costs also decline

On a month-on-month basis, the cost of vegetarian and non-vegetarian thalis fell 3 per cent and 2 per cent, respectively.The report showed tomato and potato prices each slipped 6 per cent month-on-month, while onion prices fell 14 per cent. Pulse prices also eased 6 per cent due to higher opening stocks.“Tur inventories for the July-June marketing year are estimated to be 20% higher, while Bengal gram stocks for the January-December marketing year are ~10% higher this season, exerting downward pressure on prices,” the report said.However, global supply disruptions pushed vegetable oil prices up 6 per cent, while LPG cylinder prices rose 14 per cent, limiting the overall relief for households.



Source link

Continue Reading

Business

Gold price today: Yellow metal slips; check 24K, 22K city-wise rates in Delhi, Mumbai, Pune and more – The Times of India

Published

on

Gold price today: Yellow metal slips;  check 24K, 22K city-wise rates in Delhi, Mumbai, Pune and more – The Times of India


Gold prices eased in futures trade on Tuesday, even as retail rates showed a mixed trend across major Indian cities.Gold prices declined by Rs 610 to Rs 1.49 lakh per 10 grams in futures trade, as surging crude oil prices and escalating tensions in West Asia kept investors cautious and weighed on demand for the safe-haven metal.On the Multi Commodity Exchange (MCX), gold contracts for June delivery fell by Rs 610, or 0.41 per cent, to Rs 1,49,371 per 10 grams in a business turnover of 7,270 lots.As per news agency PTI, analysts said the metal remained under pressure as crude oil climbed towards $115 per barrel amid heightened geopolitical tensions in West Asia. Gaurav Garg, research analyst at Lemonn Markets Desk, said the spike in energy prices has triggered a risk-off mood among investors, leading to cautious trading in gold, although the metal is still moving in a narrow range with a slight upward bias.In the international market, Comex gold futures for the June contract fell $19.13, or 0.41 per cent, to $4,665.57 per ounce in New York.

City-wise gold rates today

Gold rate in Bengaluru today:

Today’s gold rate in Bengaluru stands at Rs 14,984 per gram for 24K gold. The 22K gold price is Rs 13,735 per gram, while 18K gold is retailing at Rs 11,238. Compared with yesterday, 24K gold has risen by Rs 71, 22K by Rs 65 and 18K by Rs 53.

Gold rate in Delhi today:

Gold prices in Delhi today are Rs 14,999 per gram for 24K, Rs 13,750 for 22K and Rs 11,253 for 18K gold. Since yesterday, 24K gold has fallen by Rs 82, 22K by Rs 75 and 18K by Rs 61.

Gold rate in Mumbai today:

As of today, the gold price in Mumbai is Rs 14,984 per gram for 24K gold. The 22K variant costs Rs 13,735 per gram, while 18K is priced at Rs 11,238. Compared with yesterday’s rates, 24K gold is down by Rs 82, 22K by Rs 75 and 18K by Rs 61.

Gold rate in Chennai today:

Today’s gold prices in Chennai show 24K gold at Rs 15,120 per gram. Meanwhile, the 22K gold rate is Rs 13,860 and the 18K gold rate stands at Rs 11,560 per gram. Since yesterday, 24K gold has declined by Rs 142, 22K by Rs 130 and 18K by Rs 110.

Gold rate in Kolkata today:

The gold rate in Kolkata today is Rs 14,984 per gram for 24K gold. The 22K variant costs Rs 13,735, while 18K gold is selling at Rs 11,238 per gram. Compared with yesterday’s rates, 24K gold is down by Rs 82, 22K by Rs 75 and 18K by Rs 61.

Gold rate in Hyderabad today:

The gold rate in Hyderabad today is Rs 14,984 per gram for 24K gold. The 22K variant costs Rs 13,735, while 18K gold is selling at Rs 11,238 per gram. Compared with yesterday’s rates, 24K gold has fallen by Rs 82, 22K by Rs 75 and 18K by Rs 61.

Gold rate in Ahmedabad today:

In Ahmedabad, the current price of 24K gold stands at Rs 14,989 per gram. The 22K gold rate is Rs 13,740, while 18K gold is priced at Rs 11,243 per gram. Compared with yesterday’s rates, 24K gold has slipped by Rs 82, 22K by Rs 75 and 18K by Rs 61.

Gold rate in Jaipur today:

In Jaipur, the current price of 24K gold stands at Rs 14,999 per gram. The 22K gold rate is Rs 13,750, while 18K gold is priced at Rs 11,253 per gram. Compared with yesterday’s rates, 24K gold has fallen by Rs 82, 22K by Rs 75 and 18K by Rs 61.

Gold rate in Bhubaneswar today:

Gold rate today in Bhubaneswar stands at Rs 14,984 per gram for 24K gold. Meanwhile, the 22K variant is priced at Rs 13,735 and 18K gold is available at Rs 11,238 per gram. Compared with yesterday, 24K gold is down by Rs 82, 22K by Rs 75 and 18K by Rs 61.

Gold rate in Pune today:

In Pune, the current gold rate for 24K stands at Rs 14,984 per gram. The 22K gold is available at Rs 13,735, and 18K gold is priced at Rs 11,238 per gram. Since yesterday, 24K gold has decreased by Rs 82, 22K by Rs 75 and 18K by Rs 61.

Gold rate in Kanpur today:

The gold rate in Kanpur today is Rs 14,999 per gram for 24K gold. The 22K variant costs Rs 13,750, while 18K gold is selling at Rs 11,253 per gram. Compared with yesterday’s rates, 24K gold has increased by Rs 71, 22K by Rs 65 and 18K by Rs 53.



Source link

Continue Reading

Business

Iran war upends spring housing market. Here’s what real estate agents are seeing

Published

on

Iran war upends spring housing market. Here’s what real estate agents are seeing


FILE PHOTO: A for sale sign is shown for a residential home in Encinitas, California, U.S. July 25, 2025.

Mike Blake | Reuters

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.

The all-important spring housing market is well underway, but expectations are falling short due to the war in Iran and its impact on both the U.S. economy and consumer sentiment. 

Mortgage rates, which were previously forecast to be far lower this spring than last, are now much higher, and concerns over employment and inflation are throwing cold water on pent-up homebuyer demand.

Buyers in the first quarter of this year were more concerned about the economy and mortgage rates than they were about home prices, according to real estate agents who participated in the quarterly CNBC Housing Market Survey. 

“They’re fearful of the war, they’re fearful of gas prices, [for] their job security,” said Faith Harmer, an agent in the Las Vegas metropolitan area.

The CNBC Housing Market Survey is a national inquiry of real estate agents selected randomly across the United States. Responses for the first-quarter survey were collected between March 24 and March 30. This quarter, 70 agents shared their insights.

When asked about their buyers’ primary concern, about one-third of agents said the economy, while another third said mortgage rates. The latter marked a big jump from just 26% in the fourth quarter. 

Only 9% of agents in the first-quarter survey said prices were their buyers’ biggest concern, down from 18% in the previous period.

This should come as no surprise, as the average rate on the 30-year fixed mortgage hit a low of 5.99% the day before the Iran war started and then began to climb. It’s now hovering around 6.5%. 

Still, while most agents said prices were either flat or falling, nearly twice as many agents, 29%, reported home prices rising during the first quarter than did in the previous quarter. Price dynamics can vary widely depending on the market and region of the country.

But affordability is not improving as much as most experts had forecast. When asked how affordability was hitting buyers, 19% of agents said it was causing them to get out of the market. That was up from just 11% at the end of last year. 

More than half of agents reported at least one contract cancellation.

“Buyers that were on the fence and deciding to buy are now on the fence and going the other direction, saying, ‘I’m not going to buy,'” said Eric Bramlett, an agent in Austin, Texas.  

As buyer demand drops, homes are sitting on the market longer. In the first quarter, 31% of agents reported that their listings were on the market for more than six weeks, compared with 26% in the fourth quarter.

“We just had one recently where they wanted what they wanted, and they wouldn’t come down to a price that the market could bear,” Harmer, the agent in Las Vegas, said. “So, in the end, they just pulled it off the market.”

Sellers are now more worried about that wait time. Fully 37% of responding agents said time on the market was their sellers’ top concern, compared with 30% at the end of last year. 

That took share from price as sellers’ top concern, falling from nearly half of agents ranking it first to 39%. 

Still, fewer agents reported price cuts than the previous quarter, but that may be the result of seasonal dynamics and the impact of lower mortgage rates in the middle of the first quarter, which gave buyers more purchasing power.

That may also be why fewer agents said they had to delist homes compared with the fourth quarter, when agents reported a slower-than-usual fall market with more frustrated sellers.

Even as concerns over the economy and interest rates rise, agents in the first quarter still said the market was either in the buyer’s favor or balanced. The share that called it a buyer’s market did drop quarter to quarter, from 42% to 36%, likely due to those new buyer headwinds – higher mortgage rates, the war and a weaker job market. And sellers are taking note.

“We’ve had two sellers who were planning on listing in May already decide, ‘Let’s hold, let’s search later in the summer for our next home to buy, and then we’ll try and list in the fall,'” said Dana Bull, an agent in the Boston area. “So they originally thought that the spring would be perfect for them, because it just felt like it was going to be the best time, and now they don’t feel as confident, and they want to wait and see.”

Just over half of agents surveyed said they expect the market to improve as the spring goes on, but that share is way down from the end of last year, when there was no war in the picture. 

A higher share of agents said they expect the market to stay the same as last quarter, which is significant, given that the market is going from the historically slowest season for housing to the usually busiest. 

Get Property Play directly to your inbox

CNBC’s Property Play with Diana Olick covers new and evolving opportunities for the real estate investor, delivered weekly to your inbox.

Subscribe here to get access today.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source link

Continue Reading

Trending