₹1,000-crore bungalow deals may set new benchmark for Delhi, inch closer to Mumbai luxury property prices

A ₹1,000-crore trophy bungalow is the latest conversation starter in central Delhi’s rarefied real estate circles. The sprawling 3.2-acre estate on Bhagwan Das Road, owned by Maharaja Manujendra Shah of Tehri Garhwal, has drawn interest from a Delhi-based businessman with interests in the food and beverage sector. The same buyer was also in advanced discussions […]

Govt set to release new inflation data today to capture how India spends| Business News

India is taking major steps to overhaul its key statistics to better capture the rapid expansion in consumer spending over the past decade and improve policymaking in one of the world’s fastest-growing economies. A vegetable market in New Delhi. (PTI) The government will publish a new inflation series today to reflect the changing spending patterns […]

Karnataka relaxes building norms: Bengaluru set for taller, integrated developments in industrial corridors

Karnataka’s decision to relax building norms under the Karnataka Industrial Areas Development Board (KIADB), allowing a floor area ratio (FAR) of up to 5.2 through premium payments, is set to significantly reshape Bengaluru’s skyline. The move is expected to spur large-scale expansion across industrial, commercial and residential projects along the state’s industrial corridors. By permitting […]

US Stocks Today | Gold and silver rally set to continue as dollar weakness looms: Peter Schiff

The recent surge in gold and silver prices is expected to continue, according to renowned investor Peter Schiff from Euro Pacific Asset Management, who predicts further gains for both metals amid a weakening U.S. dollar and shifting global monetary trends. When asked about the current gold rally, Schiff responded that gold’s upward trajectory is likely […]

RBI set to allow banks to lend directly to REITs in real-estate boost| Business News

The Reserve Bank of India plans to allow banks to lend directly to the real estate investment trusts, or REITs, to unlock fresh funding for the real estate sector. REITs, or real estate investment trusts, own and operate office parks, malls and warehouses in India. (Reuters) There will be “certain prudential safeguards” for such transactions, […]

Budget 2026: Tier-2 infrastructure push set to support housing and logistics demand

Signalling a sharper focus on tier-2 and tier-3 cities, Finance Minister Nirmala Sitharaman on February 1 announced a sustained infrastructure push, with Budget 2026 unveiling a major thrust on regional urban development focusing on the development of city economic regions (CERs), with a proposed allocation of ₹5,000 crore per region over five years to implement […]