New U.S. single-family home sales plummeted 17.3% in October to 610,000 units, the lowest since December 2022, as rising mortgage rates and hurricane disruptions drove buyers away. New home sales dropped 9.4% year-on-year, with the median price increasing 4.7% to $437,300 and inventory reaching a 14-year high.
Open FlipEmkay Global Financial's research report on LTIMindtree. At its analyst meet, LTIMindtree (LTIM) highlighted the proliferation of AI across the value chain and the company’s readiness to capitalize on this new opportunity. AI is fundamentally transforming the way clients and system integrators are functioning, and LTIM aims to be at the forefront of this change.
Open FlipJapanese retail investors, who have been consistent buyers of Indian shares, have turned sellers for the first time since 2018, with a recent outflow of $302 million, the largest since June 2022. This marks a possible end to a major cycle of foreign fund investments in India and may lead to weak trends for a longer period.
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