Tue, Jul 2, 2024 10:25 AM
Startup funding volume slumps to a decade low in Jan-June 2024
A Flip by Riya Sharma
The Indian government is expected to allocate strategic funds and implement policy measures in the 2024-2025 budget to transform the affordable housing sector, aligning with the vision of achieving "Housing for All" by 2025. Industry experts emphasize the need to address financing challenges, such as enhancing refinancing options for NBFCs, expanding home loan benefits, and boosting rental house.
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On the National Stock Exchange of India (NSE), the proportion of GenZ investors (under 30) has nearly doubled compared to other age groups, indicating a significant shift in the demographics of India's investor base. This rise is likely to influence market trends and attract new financial products catering to this age group, potentially leading to increased trading volumes and revenues.
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Amazon's founder and executive chair Jeff Bezos plans to sell 25 million shares worth about $5 billion after the company's stock hit a record high of $200.43. This sale would leave Bezos with approximately 912 million shares, or 8.8% of outstanding stock. Bezos' net worth is $214.4 billion, making him the second-richest person in the world. This comes after he sold shares worth $8.5 billion.
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