Category: Business
Redefining Returns: AIFs Reshaping Real Estate Investment Expectations
[ad_1] Real Estate Alternative Investment Funds (AIFs) are playing a pivotal role in reshaping India’s economic landscape. Over the past decade, these funds have gained substantial traction, reflecting a transformative chapter in the country’s economic narrative. The real estate sector, encompassing office spaces, co-working environments, co-living spaces, warehousing, data centres, and residential properties, has emerged
Crypto Currencies Have No Underlying Value, Says RBI Official
[ad_1] Currently, bitcoins have no legal backing in India and investors have to pay a tax on the income earned by trading in them. RBI has been critical of new-age currencies like bitcoins, saying they pose systemic risk to the financial systems. Crypto currencies cannot be referred to as “currencies” as they have no underlying
PACL Refund Status: Around 21 Lakh Investors Get Their Money Back, Says Sebi
[ad_1] A panel headed by retired Justice RM Lodha had initiated the process of refunds in phases for investors, who had invested in PACL. (Representative image) Sebi had asked PACL as well as its promoters and directors to refund the money in an order dated August 22, 2014. PACL Refund: Nearly 21 lakh investors in
Household energy bills predicted to fall by nearly £300 a year
[ad_1] Cornwall Insight forecasts a 15% drop, taking the typical annual bill to £1,635 – the lowest in two years. [ad_2] Source link
Can You Switch Back To Old Tax Regime As New Becomes Default? Here’s What Has Changed
[ad_1] Before switching, carefully consider the pros and cons of each regime based on your income and deductions. (Representative image) The Income Tax Department has unveiled tax return forms for individuals. Old Tax Regime vs New Tax Regime: In the ever-evolving landscape of taxation, the introduction of the New Tax Regime has brought significant changes
Spicejet’s Ajay Singh Submits Bid for GoFirst; Check Details
[ad_1] The bid has been submitted by Spicejet CMD Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited. SpiceJet’s role as the operating partner for the new airline involves providing essential staff, services, and industry expertise SpiceJet CMD Ajay Singh, along with Busy Bee Airways, on Friday submitted a bid for
NatWest unveils highest yearly profit for 26 years
[ad_1] Paul Thwaite is the bank’s new boss replacing Alison Rose who resigned after a row over Nigel Farage’s account. [ad_2] Source link
Shopping rebounds on supermarkets and January sales
[ad_1] Retail figures reveal a 3.4% sharp rise at the beginning of 2024 following December’s record fall. [ad_2] Source link
Aiming Insurance For All By 2047, IRDAI Shakes Up Industry With Bold Proposals, Check Top Points
[ad_1] Insurance regulator Insurance Regulatory and Development Authority of India has proposed to increase the “free look” period for the return of the policy to 30 days and make nomination mandatory for life policies. Also Read: Life Insurance Gains Momentum In Urban India, Report Highlights Shift In Awareness Currently, a policyholder can examine the insurance
Atmastco IPO Day 2: Check Subscription Status, GMP Today
[ad_1] Atmastco IPO: Check Subscription Status, GMP Today. Unlisted shares of Atmastco Ltd are trading Rs 15 higher in the grey market, which is a 19.48 per cent listing gain from the public issue Atmastco IPO: The initial public offering of engineering, procurement and construction firm Atmastco Ltd, which was opened for public subscription on
Sensex Jumps 270 Points, Nifty Crosses 21,990, Rupee Rises 4 Paise
[ad_1] The domestic equity market opened on a high note on Friday. In the early morning trade, the BSE Sensex on Friday jumped 269.04 points to 72,320.11 points, while the NSE Nifty rose 82.40 points to 21,993.15 points. Tracking positive cues from domestic equity markets, the rupee also appreciated by 4 paise to 83.01 against
The brewing secrets behind tastier no-alcohol beer
[ad_1] There’s huge demand for low and no-alcohol beer and breweries are competing for the best flavour. [ad_2] Source link
HDFC To PNB, 6 Banks With Low-interest Rate Home Loans
[ad_1] Curated By: Business Desk Last Updated: February 15, 2024, 18:10 IST Borrowers with high CIBIL scores can negotiate the interest rates. Bank of Baroda’s home loan interest rates range from 8.40 per cent to 10.60 per cent annually. All banks offer home loan services to customers. If you’re considering taking a home loan, it’s
Future data centres may have built-in nuclear reactors
[ad_1] Spencer Lamb, chief commercial officer at British data centre developer Kao Data, doesn’t view nuclear-powered facilities in the UK as being something imminent. “I’ve heard about SMRs, but it will take a long time to deploy a nuclear-configured data centre in the UK, and AI is happening now,” he says. [ad_2] Source link
Whisky takes a shot at China's Baiju-dominated market
[ad_1] Western alcoholic drinks are trying to take on baijiu, which dominates the country’s spirits market. [ad_2] Source link
Xbox, Nintendo or PlayStation: does it still matter?
[ad_1] Why the war between the big games console makers may be coming to an end. [ad_2] Source link
Facebook £3bn legal action given go-ahead in London
[ad_1] A mass legal action alleges Facebook abused its dominance to monetise 45 million UK users’ personal data. [ad_2] Source link
This Conglomerate Owns 10% Of Total Habitable Land In Mumbai
[ad_1] Curated By: Business Desk Last Updated: February 15, 2024, 18:28 IST The group owns 3,400 acres of land in Mumbai. The multinational conglomerate currently has land in other major cities in addition to Mumbai. These include Delhi-NCR, Hyderabad, Bengaluru and Chennai. Mumbai is the most expensive real estate city in the country, as per
No Curb On Business Credit Cards, ‘A Card Network’ Restrained From Unauthorised Card Payments: RBI
[ad_1] The RBI says a card network without any legal sanction was enabling businesses to make card payments through certain intermediaries, to entities that do not accept card payments. (Representative image) RBI says under an arrangement, an intermediary accepts card payments from corporates for their commercial payments and then remits the funds via IMPS/RTGS/NEFT to
Political Parties Likely To Spend Rs 1500 To 2000 Crore In Ads For 2024 Lok Sabha Polls: Report
[ad_1] Curated By: Business Desk Last Updated: February 15, 2024, 18:45 IST The dates of the Lok Sabha Elections are yet to be announced by the election commission. Group M predicts that the political parties will spend 55 per cent of the funds on digital media during the election campaign 2024. Lok Sabha Elections 2024
Virat Kohli To MS Dhoni, Indian Cricketers Who Own Successful Business Ventures
[ad_1] Curated By: Business Desk Last Updated: February 15, 2024, 18:56 IST Yuvraj Singh has dedicated himself to supporting others battling this disease. Known for his aggressive batting style on the cricket field, Virender Sehwag has channelled his passion into providing top-notch training to aspiring cricketers. Everyone is familiar with the exceptional talent displayed by
RBI, Nepal’s Central Bank Sign Deal for UPI-NPI Integration; Check Details
[ad_1] The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage will further deepen financial connectivity. The UPI-NPI integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers The Reserve Bank of India (RBI) and
Isha Ambani Wins Lokmat’s Indian Businesswoman Award 2024
[ad_1] Last Updated: February 15, 2024, 20:09 IST Isha Ambani wins Lokmat’s Indian Businesswoman Award 2024. (Image: News18 Lokmat) Isha, the daughter of Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani, is credited for driving the expansion of Reliance Retail into new categories, geographies and formats Isha Ambani, Director of Reliance Retail Ventures
Jeremy Hunt considers reducing spending to fund tax cuts
[ad_1] Jeremy Hunt is looking at cutting billions in public spending to fund tax cuts in his Spring Budget. [ad_2] Source link
Truworth Wellness Launches Carepass To Provide Preventive Care Benefits To Employees In Corporate Sector
[ad_1] Published By: Business Desk Last Updated: February 15, 2024, 17:39 IST Healthcare for employees. The launch of CarePass comes at a time when the focus on employee well-being is increasing, with more companies expanding the benefits under primary and preventive care measures Truworth Wellness has introduced a new health membership product to provide primary
India’s Merchandise Exports At $36.92 Billion In January 2024; Trade Deficit At $17.49 Billion
[ad_1] India’s trade deficit in January 2024. (Representative image) India’s merchandise imports stood at $54.41 billion in January 2024 India’s merchandise exports in January 2024 stood at $36.92 billion, while imports were $54.41 billion, according to the latest official data released on Thursday. The country’s merchandise trade deficit during the month stood at $17.49 billion.
British Gas sees profits increase 10-fold
[ad_1] Aarin Chiekrie, equity analyst at investment firm Hargreaves Lansdown, said British Gas’s services arm, which includes things such as boiler installations, had been “in a sticky spot in recent years, plagued by scandals and poor customer service levels”. [ad_2] Source link
‘AI won’t steal your job, but people using it may’
[ad_1] Hovhannes Avoyan is a former professor of artifcial intelligence (AI) from Armenia, who founded the picture and video editing app Picsart. It achieved unicorn status, with a valuation of more than $1bn. The app uses AI and Avoyan explains why people should not fear the technology, for our CEO Secrets series. Filmed, produced and
What is a recession and how could it affect me?
[ad_1] A recession means the UK economy has shrunk for two three-month periods in a row. [ad_2] Source link
UK economy fell into recession at the end of 2023
[ad_1] The economy shrank by 0.3% between October and December, in a sharper fall than expected. [ad_2] Source link