SYDNEY: Australia's home prices rose at a robust pace in April, driven by price gains in more affordable segments of the market, as a chronic lack of supply trumped concerns about interest rates and the elevated costs of living. Figures from property consultant CoreLogic out on Wednesday showed prices nationally climbed by 0.6% in April.
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📌Mahanagar Telephone Nigam witnessed in the counter as the scrip zoomed and got locked at 10% upper circuit, recording an intraday high. 📌Jaiprakash Power Venture experienced significant buying activity, resulting in the stock surging and getting locked at 5% upper circuit. 📌MIRC Electronics was seen at the counter today as the stock rallied and got locked at 5% upper circuit.
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The MQ-9B drones India will be buying from the United States of America-- the contract is likely to be signed in June-- will be placed in two states: Tamil Nadu and Uttar Pradesh. Thirty one MQ-9B Predators, 15 for the Indian Navy and eight each for the Indian Army and Indian Air Force will cost about $4 billion and the first deliveries are likely to happen by the end of 2026.
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