Headlines

Brookfield Acquisition: Brookfield to acquire 8 ESR logistics parks for $450 million

MUMBAI: Brookfield is making its foray into the local industrial and logistics real estate market with a $450 million (Rs 4,300 crore) purchase of eight warehousing parks from ESR India, expanding its footprint beyond the country’s office and hospitality spaces. Capital will also be deployed towards future development of the portfolio, Brookfield said in a…

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Rbi Governor Sanjay Malhotra: Rupee may be undervalued, markets can be irrational: RBI governor Sanjay Malhotra | India News

File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra MUMBAI: Reserve Bank of India governor Sanjay Malhotra said the rupee was undervalued and the central bank would intervene to ensure orderly movement in the currency market even as it closed at 96.78 on Wednesday, down 36 paise from its previous close, after falling to…

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Stark 73% decline in the average size of monitored wildlife populations since 1970, India presents ground for hope: WWF Living Planet Report | India News

NEW DELHI: There was a stark 73% decline in the “average size of monitored wildlife populations” globally over a 52-year period (1970-2022), whereas India became one of the most important countries that were successfully involved in wildlife recovery by turning around the populations of certain animals, including tigers, one-horned rhino and Ganga river dolphins, according…

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RBI makes financial information easier to access for you: Account Aggregators to work across platforms, while fixed deposits will be visible in your CAS alongside stocks and mutual funds

The Reserve Bank of India (RBI) has enabled interoperability between account aggregators. (Image for representative purpose only) Soon, your Consolidated Account Statement (CAS) will reflect details from your mutual funds, insurance, banks and fixed deposits.The Reserve Bank of India (RBI) has enabled interoperability between account aggregators (AAs), a move that will allow customers to share…

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83-year-old woman got Rs 12.28 lakh after son’s death, but sought Rs 15,000 maintenance from college-going granddaughter and a share of family pension from son’s widow; why Kerala HC rejected plea

The Kerala High Court observed that the grandmother could not be expected to make such unreasonable demands. (Image for representative purpose only) Is a woman entitled to seek maintenance from her granddaughter and late son’s widow if she herself already receives pension? In a recent judgement, the Kerala High Court has ruled that a grandmother…

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