New Zealand house prices dipped in December amid tepid demand as many prospective buyers decided to pause their plans because they expect mortgage rates to fall this year, the Real Estate Institute of New Zealand (REINZ) said on Wednesday. Seasonally adjusted median house prices fell 1.0% in December versus the previous month, and 1.8% from the previous year.
Open FlipConservative retail investors who prefer fixed deposits (FDs) as savings instruments of choice now have one more option: 'special-rate' short-term FD schemes that cater to specific investment horizons. Leading banks like Bank of Baroda (BoB), Indian Bank and State Bank of India (SBI) have extended the special tenure deposit schemes till March 31, 2025, originally introduced in mid-2024.
Open FlipThe SME initial public offering (IPO) of Capital Numbers Infotech was fully subscribed on Wednesday with an overall subscription of 11.47 times as of 10:00 AM on the final day of bidding. The company aims to raise Rs 169 crore through the SME IPO, with the shares set to list on the BSE SME platform. The retail portion of the issue was subscribed by 16.04 times.
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