For investors navigating markets, stability has become a scarce asset. Global bond yields remain unpredictable, while equity indices swing sharply with every data release. Amid this uncertainty, real estate is quietly reclaiming its appeal. Investors are returning to property not for rapid gains, but as a hedge against inflation, currency erosion and market volatility. Higher […]
Rajesh Desai, an NRI, purchased an apartment in Bengaluru for ₹1.5 crore. He complied with Foreign Exchange Management Act (FEMA) rules by making payments through his Non-Resident External (NRE) account. Since the transaction involved a resident seller and exceeded ₹50 lakh, 1% Tax Deducted at Source (TDS) was deducted. RBI approval was not required, as […]
One out of five Groww IPO applications is originating on Zerodha, CEO Nithin Kamath said on Tuesday. That, more that anything else, shows the depth of India’s investor base that the likes of Zerodha and Groww have built. One out of five Groww IPO applications is originating on Zerodha, CEO Nithin Kamath says. (AI Image) […]
Bengaluru homebuyers are increasingly trading skyline views for waterfront serenity. A growing number of buyers now prefer lake-facing homes, a shift that’s pushing up prices in premium neighbourhoods such as Hebbal, Whitefield, and Yelahanka. According to ANAROCK Group, lake-view apartments command 15–25% higher prices than non-lake-facing units in the same project, with annual appreciation of […]
India’s market regulator has told mutual fund managers they cannot invest in companies before they list, Reuters reported on Friday, citing sources. SEBI Bhavan at BKC Bandra in Mumbai. Mutual funds are not permitted to hold unlisted shares. (PTI) Certain mutual funds had sought clarifications from Securities and Exchange Board of India, or SEBI, as […]
The first day of the Tata Capital IPO indicates a cautious start for an offering that underwhelmed with its price band, vis-a-vis grey market premium (GMP). Source link
