(This story originally appeared in on Jan 05, 2022) NEW DELHI: Indian equities emerged as the best-performing market among not only its regional peers in Asia in 2021, but it also beat the developed market even though the market has witnessed some correction in the last one month. The year 2021 was a dream run … Read more
The real estate sector plays a multiplier effect in the development of the economy and is expected to reach a market size of USD 1 trillion by 2030, accounting for 18-20 per cent of India’s GDP, Niti Aayog CEO Amitabh Kant said on Friday. Virtually addressing an event organised by industry body CII, Kant further … Read more
By Shen Hong, Enda Curran and Sofia Horta e Costa Protests intensify at China Evergrande Group offices across the country as the developer falls further behind on promises to more than 70,000 investors. Construction of unfinished properties with enough floor space to cover three-fourths of Manhattan grinds to a halt, leaving more than a million … Read more
Real estate development along national highways can generate a return of more than 15 percent for builders and potential investors, according to property consultant JLL India. The government is focusing on providing world-class infrastructure and related services for the highway network, it said. The consultant said there is a need for the development of commercial … Read more
Ritesh Jain Global Macro Investor & One of Top 3 Global LinkedIn Influencers on Economy and Finance, Mumbai He is a trend watcher, Global Macro investor and Blogger at worldoutofwhack.com. He has over 20 years of experience in financial markets, bonds, equities, gold, and derivatives. He muses about global macro investment opportunities, economics, business, and … Read more
Millions lost their jobs, walked thousands of miles to get home, starved, got sick, died. The lockdown following the Covid-19 pandemic was the worst catastrophe for India since the ‘Spanish flu’ influenza epidemic a century ago. Just how bad is documented by the Reserve Bank of India (RBI) in its Financial Stability Report (FSR; bit.ly/3oP9DBT) … Read more
MUMBAI: In a landmark ruling, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has refused to differentiate between an investor in a housing project and a homebuyer and has directed a developer to honour contractual obligations. The ruling is expected to set a precedent for all such matters arising from the refusal of developers to acknowledge … Read more
Hands FullIs this regulator struggling with a staff shortage? Looks like it. The watchdog has asked employees at various regional offices to report to its headquarters before December 31. It was planning to recruit close to 150 officers but the hiring has been delayed because of Covid-19. Interestingly, with government jobs in great demand like … Read more
Just the other day at a Supreme Court hearing, this high-flying, cigar-loving senior counsel was busy quoting reams of documents to prove his client was illegally removed from the corner office. Synopsis ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours. Dec 21, 2020, 09:08 AM IST GIFT ARTICLE … Read more
By Baiju Kalesh Brookfield Asset Management Inc. is pushing to list a real estate investment trust in Mumbai before the end of this year, which could raise as much as 38 billion rupees ($513 million), according to people familiar with the matter. The Canadian asset manager has received good response from investors including sovereign wealth … Read more