China’s push to decarbonize its economy by 2060—a target President Xi Jinping announced at the United Nations in September 2020—has driven a surge in wealth for the country’s green entrepreneurs, according to the Hurun Rich List, which tracks the wealth of China’s entrepreneurs.. “A boom in new energy entrepreneurs, sparked by carbon reduction targets, as well as a spate of new listings of Read More

Facebook’s highly anticipated rebranding became a reality today, with CEO Mark Zuckerberg announcing that the tech giant has changed its name to Meta. Zuckerberg announced the name change for Facebook’s parent company during Facebook’s annual Connect conference Thursday, which spotlighted the company’s efforts in augmented and virtual reality. The rebranding to Meta reflects the company’s heightened focus on virtual reality Read More

  The game of rummy is pretty popular in India. However, in the past, this game used to be played offline. Now, thanks to the advanced technology, the game is also catching up online. There are several prominent platforms such as Khelplay Rummy where you can explore and expand your rummy gaming skills. Here are some questions you should ask Read More

Sell inventories now instead of waiting for market conditions to improve, Union Commerce and Industry Minister Piyush Goyal has told real estate developers in a video conference organised by NAREDCO. Goyal suggested that while the government is considering ready reckoner rates as concession, it would be better if developers move ahead in case it does not go through, as per Read More

Where do you see better risk reward? Do you think the case for fixed income is stronger or do you think equities look much better on a risk return basis for the next one or two years? As a wealth manager, we are very clear that most of the alpha in portfolios is created not by being very bold about Read More

NEW DELHI : Institutional investment in Indian real estate fell 12% to $4.48 billion (around ₹33,800 crore) last fiscal year on lower economic growth and uncertainty over the coronavirus pandemic, US-based property consultant Vestian said. “The fiscal year 2020 saw a total institutional investment of $4,480 million. This depicted a decline of 12% when compared with the quantum of investment Read More

HYDERABAD: Actor and Hindupur MLA Nandamuri Balakrishna stoked a controversy on Thursday by stating that Telangana Cinematography Minister Talasani Srinivas Yadav’s meetings with film industry representatives were held to discuss real estate and had nothing to do with cinema. He took umbrage over not being invited for the meetings held recently with Telangana Chief Minister K Chandrasekhar Rao and Talasani. Read More

When the Modi government took over for the second time last year, the performance of the real estate segment was muted owing to the prevailing liquidity crunch, high inventory overhang, weak affordability and subdued demand conditions. However, interest rate cuts and focus on affordable housing, not to mention the creation of the Rs 25,000 crore stress asset fund for stalled Read More

Both deposit and lending activities of NBFCs have taken a hit and that has also adversely impacted the credit flow to all the sectors, including real estate. It is largely acknowledged and accepted that the current pandemic and resultant lockdown is the biggest economic crisis in nearly last 100 years, much bigger than the 2008 financial crisis. While India may Read More

“Covid-19 has also had a debilitating effect on the real estate sector, which has become a cause for project delays,” Puri said participating in the deferred 3rd RERA Day Celebrations through a webinar attended by secretary, MoHUA, state RERA Authorities, Appellate Tribunals, home buyers, developers and other stakeholders of the sector. “The government has taken several steps so that the real estate Read More