New Delhi, Jan 25 (IANS) Nearly two-thirds of India’s high net-worth individuals (HNIs) and ultra high net-worth individuals (UHNIs) remain confident about the country’s economic future, even as global uncertainties continue to weigh on markets, a report said on Sunday. According to the Luxury Residential Outlook Survey 2026 by India Sotheby’s International Realty (ISIR), around 67 per cent of wealthy investors are bullish on India’s growth story over the next 12 to 24 months.The survey …
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New Delhi, Dec 29 (IANS) The proposed amendments to the Insolvency and Bankruptcy Code (IBC) such as introduction of group insolvency, cross-border insolvency and creditor-initiated insolvency are encouraging as they could boost recovery rates which been persistently low due to the lengthy resolution process, according to a report released on Monday.The strengthening of NCLT and NCLAT manpower along with other legal reforms are expected to reduce the burden on the judiciary, according to the ICR…
Ahmedabad, Dec 26 (IANS) The Gujarat Real Estate Regulatory Authority (RERA), on Friday, implemented a comprehensive new Standard Operating Procedure (SOP) to ensure faster, more transparent and streamlined redressal of complaints filed by property buyers and other stakeholders. The SOP adopts a digital-first approach, strengthening the existing online system while clearly defining procedural timelines and responsibilities.The primary objective of the new SOP is to provide homebuyers with quicke…