Real Estate Investment Trusts (REITs) are the safest way to hold a stake in real estate amid the country’s encouraging growth rate that can make India the world’s largest investment region in the sector in two decades, experts said. Speakers at Money Conclave 2024 in the city noted that investments in real estate required a
Over 15% of India’s high networth individuals (HNIs) are under 30, driven by startup unicorns, IPOs, and tech-driven ventures. This number is expected to rise to 25% by 2030, said a new report. Also ReadPush for domestic solar cells seen to inflate project costs About 20% of the Indian millionaires are under 40, said a
With increasing demand for algo trading, the markets regulator has proposed reviewing the framework to strengthen the checks and balances in the system. While retail investors have been dabbling in algo, not many are aware of the complexities in this trading system dominated by institutional investors. In algo trading, pre-defined computer programs execute multiple trades
With the advent of social media and the race for page views, fake news has become increasingly prevalent. Every day, we come across dozens of social media posts and videos making fake claims to tarnish the image of someone or spreading blatant lies, such as false announcements about government schemes supposedly launched for the benefit
The benchmark indices fell 1.5% on Friday, marking their fifth consecutive day of decline in line with global peers and worst weekly loss since June 2022, as foreign investors shifted to safe-haven dollar assets. The Sensex lost 1,176.46 points or 1.49% to close at 78,041.59, while the NSE Nifty declined 364.20 points or 1.52% to
Tractor maker Carraro India’s IPO has opened. The company aims to raise over Rs 1800 crore and reiterated that it is in India for the longer term. The company highlighted that the demand scenario seems favourable for the tractor markets given improving market dynamics. Most analysts have suggested that the IPO is a subscribe for
Mirae Asset Mutual Fund has marked a significant milestone of crossing Rs 2 lakh crore in assets under management (AUM), thanks to a rapid growth in the past three years. With this, the fund house Mirae Asset Investment Managers (India) Pvt Ltd has cemented its position among the top 10 asset management companies in India
The Finance Ministry has stated that no timeline can be given for the introduction of comprehensive regulatory guidelines for Virtual Digital Assets (VDAs) in India. Responding to written questions from parliamentarians Appalanaidu Kalisett and Lavu Sri Krishna Devarayalu asked in the Rajya Sabha about the details of the timeline anticipated for the introduction of regulatory
Specialty coffee chain Third Wave Coffee, which is rapidly expanding, has achieved store-level earnings before interest, taxes, depreciation, and amortisation (Ebitda) positivity in 90% of the outlets, according to a senior company official. “We worked hard last year to get our unit economics right. Currently, 90% of our stores generate positive Ebitda at the store
The commercial real estate market in the NCR region is undergoing a paradigm shift, with new trends setting higher benchmarks. As businesses seek greater flexibility and investors focus on high-return assets, SCO (Shop-Cum-Office) spaces have emerged as a preferred choice. These spaces seamlessly combine retail and office functionalities within a single unit. Experts highlight that
Last month, Union Finance Minister Nirmala Sitharaman tabled the Income Tax Bill, 2025 in Parliament. Once passed in Parliament, the Bill will become a law and replace the existing Income Tax Act, 1961. With this proposed law, which is expected to come into force on April 1, 2026, the government aims to simplify and modernise
Women homebuyers are increasingly gravitating toward premium properties, with the Rs 1-2 crore segment emerging as the most preferred budget category. With rising financial independence and a greater role in decision-making, their demand for high-value homes has grown significantly, according to Magicbricks Research. In 2023, 27.8% of demand from women buyers was for homes priced
The traditional idea of the male breadwinner led to a narrow view of financial protection that underestimated a woman’s contribution to a household. This is why life insurance was viewed as a product catering primarily to the male consumer segment. However, this couldn’t be farther from the truth. Apart from financial contributions, women make non-tangible
