The National Wealth Fund has set out plans to sharply accelerate investment, committing up to £5 billion a year of public money into clean energy, industrial transformation and strategic infrastructure as part of a more focused growth strategy. Under the new approach, the fund will prioritise ten sectors, with clean energy at the core. These […]
IKEA will more than double its investment in India to more than ₹20,000 crore in the next five years to open more stores and increase sourcing locally. IKEA’s India sales rose 6% to ₹1,861 crore in the year ended August 2025, and IKEA India CEO Patrik Antoni says he plans to quadruple it, including by […]
Shares of Bharat Coking Coal Ltd., India’s biggest coking coal miner operated by Coal India Ltd., nearly doubled over the IPO price upon listing today. Bharat Coking Coal is a unit of government-owned Coal India, one of the largest miners in the world. (Reuters) Bharat Coking Coal’s share price surged as much as 96.56% over […]
Bollywood actor Madhuri S Dixit Nene and her husband Shriram Madhav Nene have sold their 780.13 sq ft apartment in Mumbai’s Juhu area for ₹3.90 crore. The couple had purchased the property for ₹1.95 crore over 13 years ago, netting a profit of nearly 99.22%, according to documents accessed by CRE Matrix. Madhuri S Dixit […]
Ahmedabad-based Arjun Saxena and Kavya Saxena purchased a flat with an annual home loan interest of ₹3 lakh. If Arjun had taken the loan alone, he could claim only ₹2 lakh under Section 24B, losing the tax benefit on the remaining ₹1 lakh. Instead, they chose joint ownership with equal EMI contribution. When a home […]
Housing prices in India are expected to rise by 5–10% annually over the next few years, on the back of strong demand, according to a joint report by CII and Colliers. The report forecasts that annual housing sales could climb from the current 3–4 lakh units to 5 lakh units by 2030 and potentially double […]
India’s Real Estate Investment Trust (REIT) market is projected to grow from ₹10.4 trillion in 2025 to ₹19.7 trillion by 2030, according to a Knight Frank India report released in collaboration with the Confederation of Indian Industry (CII). India’s REIT market is set to nearly double from ₹10.4 trillion in 2025 to ₹19.7 trillion by […]