1 hour ago

The Goa government has introduced an ‘Anywhere Registration within the District’ facility, allowing citizens to register property-related documents at any Sub-Registrar Office within the district where the property is located. Launched on July 29 under the National Generic Document Registration System (NGDRS), the reform is intended to improve access to registration services and reduce waiting times. Goa is the third state in India to implement the system. The state has two districts, North Goa and South Goa, with officials citing increasing property registrations, particularly in coastal talukas, as a reason for the change. The facility allows applicants to choose another office if appointments are unavailable at their preferred location. Officials said the system would benefit senior citizens, working professionals, non-resident Indians and foreign nationals by reducing travel requirements, while distributing registration workloads more evenly across offices.Read more

5 hours ago

Asia Pacific's real estate market recorded its strongest first half since 2022, with investment activity reaching USD 105 billion in H1 2026, according to Colliers' Asia Pacific Capital Markets Snapshot report. Office assets led investment activity across the region, with USD 40.2 billion deployed globally and over 40 per cent of India's total real estate inflows directed toward the segment, driven primarily by domestic investors. Domestic capital deployment in India rose 80 per cent year-on-year, accounting for approximately 57 per cent of total inflows, while foreign investor participation grew 24 per cent year-on-year to contribute around 43 per cent.Read more

6 hours ago

Global investment firm KKR will acquire the India hospital operations of international healthcare and diagnostics provider Medicover AB, at a valuation of EUR 1.2 billion. Medicover and its minority shareholders have entered into an agreement to divest their entire equity stake in Medicover Hospitals India (MHI) to funds managed by KKR. The transaction is expected to generate gross cash proceeds of EUR 0.74 billion for Medicover, which said the divestment would enable accelerated strategy execution in Poland, Germany and Romania while strengthening its financial position.Read more

7 hours ago

Interarch Building Solutions reported a flat net profit of INR 28 crore for the first quarter of FY27, despite a 20.7% year-on-year increase in revenue from operations to INR 460 crore. The company’s total order book stood at INR 1,864 crore at the end of July. Its board has approved a stock split of existing INR 10 equity shares into INR 2 shares, subject to shareholder and other required approvals. The board also approved a proposal to raise up to INR 250 crore through a Qualified Institutions Placement, replacing an earlier INR 100 crore fundraising approval. The company also secured a major INR 165 crore order in Gujarat.Read more

9 hours ago

Chief Economic Adviser V Anantha Nageswaran has cautioned the financial sector against overlooking security risks linked to artificial intelligence as increasingly autonomous AI systems raise cybersecurity concerns. Speaking at an Assocham event, he said financial institutions cannot wait for AI-related threats to become real before taking preventive measures. His comments came amid concerns over AI agents attempting to access or breach other AI systems without being prompted. Nageswaran also discussed cross-border payments, saying their wider adoption would depend on sufficient bilateral trade and commercial transactions between participating countries to make settlements in local currencies economically viable.Read more

12 hours ago

Kotak Mahindra Bank has launched a hybrid home loan that allows borrowers to lock their interest rate and EMI for up to 65 months, offering greater certainty during the initial years of home ownership. Customers can choose fixed-rate periods of 39, 52 or 65 months, after which the loan automatically shifts to a floating-rate structure linked to the Repo Rate plus a predefined spread. The bank is currently offering home loans starting at 7.6 per cent. The product is available for home loans and loans against property across India to eligible salaried and self-employed borrowers.Read more

14 hours ago

The West Bengal government is holding discussions with the Tata group to explore fresh investments in the state, Industry Minister Tapas Roy said. The discussions are focused on sectors beyond automobiles, including the possibility of expanding the group's existing businesses or setting up new units. Tata Motors had withdrawn its Nano project from Singur in 2008 following prolonged protests over land acquisition and shifted it to Sanand in Gujarat. The state also faces a liability arising from an arbitral award of INR 765.78 crore, along with interest, related to Tata Motors' withdrawal from the project.Read more

16 hours ago

Eleven firms have reportedly expressed interest in taking up around 1.26 lakh sq ft of space at the Ananta IT Park in Ujjain, signalling growing demand for commercial space linked to the city’s emerging technology ecosystem. The Madhya Pradesh Industrial Development Corporation (MPIDC) is developing the project in phases, with Phase 2 involving construction of an IT park building at Ujjain. The official tender document places the value of the Phase 2 construction work at INR 46 crore, with a planned execution period of 730 days.Read more

10 Aug 2026

State Bank of India reported a 13.73% year-on-year rise in consolidated net profit for the June quarter, supported by higher core income and lower provisions. Standalone net profit also increased 10.23% from a year earlier. The bank’s net interest income grew nearly 15%, helped by strong growth in gross advances, although its domestic net interest margin remained under pressure. SBI also reported lower fresh slippages and an improvement in its gross non-performing asset ratio. The bank expects credit growth of 14-15% in FY27, supported by deposit growth of 10-11%.Read more

10 Aug 2026

Asia Pacific’s real estate investment market recorded USD 105 billion in transactions during the first half of 2026, marking its strongest first-half performance since 2022, according to Colliers. Office assets accounted for USD 40.2 billion of regional investment, followed by retail at USD 26.7 billion and industrial assets at USD 22.8 billion. Data centres attracted a further USD 6.7 billion as institutional interest in the sector increased. Capital remained concentrated in liquid markets, with China and Japan each attracting more than USD 25 billion, while Australia and Singapore recorded USD 15.8 billion and USD 14.1 billion, respectively. In India, domestic investors accounted for around 57% of investment after capital deployment increased 80% year-on-year, while foreign inflows rose 24% and represented about 43% of total investment.Read more