India's senior living housing sector is expected to skyrocket over 300 percent by 2030 to $7.7 billion (Rs 64,500 crore), according to a joint report by real estate consultancy JLL and Association of Senior Living India (ASLI).India houses the world's second-largest senior population, which is expected to more than double from 156.7 million in 2024 to 346 million by 2050.
Open FlipListed companies paid royalty to related parties in excess of 20% of their net profits on one out of four occasions, flagging the need for change in norms, a study published by the Securities and Exchange Board of India (Sebi) Thursday showed. “The data suggests that though the royalty payments made by companies are reasonably within the stipulated threshold."
Open FlipAsian equities climbed, while the dollar and Treasuries steadied following big moves in the US session triggered by a paring back of Federal Reserve rate cut expectations. Japanese benchmarks gained about 0.8%, supported by weakness in the yen as the country’s economic growth slowed. South Korean shares fell, weighed down by battery makers on news that Donald Trump may eliminate a tax credit.
Open Flip