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Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
SC asks UP, Centre to conclude disciplinary proceedings against ex-IPS Amitabh Thakur in 6 monthsThe Supreme Court has ordered the Uttar Pradesh government and the Centre to finalize four ongoing disciplinary actions against former IPS ...
PPF, SCSS and NSC have outperformed equity in last 2 years, but should you write off equities?Small savings schemes vs Nifty indices: While equities have shown muted returns recently, small savings schemes have offered stable returns...
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
Bengaluru founder says 2 salaries could not buy a flat in India, one income bought UK houseA Bengaluru entrepreneur's comparison of buying property in India versus the UK has sparked debate. She found purchasing a flat in Bengalur...
Adani Ports, Tata Motors and Siemens Energy witness block deal action on MondayInstitutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block...
Dubai plotting a comeback as Iran war hammers its hottest marketReal estate activity in Dubai has dropped sharply after geopolitical tensions involving the US and Iran affected investor sentiment, accord...
GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
PNB Housing Finance soars 10% post Q4 results: Why Morgan Stanley, other brokerages remain bullishIn a thrilling market reaction, PNB Housing Finance saw its stock surge by 10 percent in response to the robust Q4 FY26 financial results. ...
Builder delayed agreement by 5 years, tax dept denied 54F relief; why ITAT Mumbai sided with woman who sold land for Rs 70 lakhA Mumbai woman successfully claimed capital gains tax exemption under Section 54F after selling land for Rs 70 lakh and investing in a new ...
Reloy raises Rs 7.2 crore in pre-series A2 funding roundThe funding round was led by four investors from the previous round along with several other prominent angels. It had raised Rs 5.9 crore l...
Taxmen divided as builders claim cash deals as ‘loans’Builders are escaping tax and penalty by showing cash as ‘loans’ without adequately substantiating the transaction.
Builders seek cut in GST rates, rationalisation of tax slabsThe builders demanded reduction of GST from 18% to 12% and asked the government to resolve the issues relating to income tax.
Northern Arc Investments' sixth fund of Rs 150 crore takes off in styleThe sixth fund for Northern Arc Capital has a base corpus of Rs 150 crore ($23 million) with a green shoe option to increase it to up to Rs...
- I-T surveys Anand Jain-backed realty fund
The income-tax department has conducted a survey in the Mumbai office of a real estate fund managed by Anand Jain, chairman of Jai Corp.
- I-T department inspects accounts of Hiranandani Group
Income Tax department has inspected the accounts of noted builder Hiranandani Group after the CBI conducted raids on their companies two da...