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Wellness features are now a key investment in luxury housing. Buyers are willing to pay more for cleaner air, biophilic design, and health amenities. Developers see these as long-term value, reflecting post-pandemic priorities for health and work-life balance. Manish Jaiswal said, "Luxury homebuyers are willing to pay a premium for wellness-focused features."
Strides Pharma Science will monetise its stake in Pivot Path Private Limited, valued at ₹230 crore post-money. Ascent Capital led the transaction, with Vintage Classic as co-investor. Strides got near ₹100 crore and will keep a 20% stake. Pivot Path also received ₹50 crore capital infusion.
AC makers saw strong growth in April-May. However, demand dipped in June due to weather changes and inflation. Players said the industry got volume growth in the June quarter over last year, but it was flattish compared to Q1 FY25. Many AC makers increased prices to manage higher costs.
Building wealth needs consistent investing, not big one-offs. SIPs in equity funds, historically giving higher returns, can help reach goals like ₹1 crore faster. PPF and FDs offer safer, predictable growth. For instance, a ₹5,000 monthly SIP at 12% return can grow to ₹1.01 crore in about 25.5 years.
India real estate PE investment fell 23% to $1.13 billion in H1 2026. Office investment rose 33% to $998 million, driven by Global Capability Centres. NCR saw the highest investment, a 522% jump. Investors were more selective due to global interest rates and yield premiums.
MEA Toshakhana e-auction started June 8, ending June 30. Over 300 gifts from foreign dignitaries, including Rolex and Cartier watches and a Kuwait jewellery set, are up for bidding. The auction aims to sell heritage and collectible items, with only resident Indian citizens eligible to participate.
Crude oil prices fell below $75 per barrel, good news for India which imports 85-88% of its oil. Economists welcome the June drop, but want prices to sustain. This fall offers respite, as a crude price shock poses a bigger risk than natural gas.
L&T plans a ₹2,500 crore data centre in Bengal. Berger Paints may increase its Panagarh plant investment to over ₹600 crore, pending policy. Haldia Petrochemicals is investing ₹6,000 crore for a phenol and acetone plant. Peerless group will invest ₹1,000 crore in healthcare and real estate.
ICAI President Prasanna Kumar D said strong internal financial controls are a business necessity, not just compliance. He urged entrepreneurs to use them to identify risks and prevent leakages. This advice comes amid governance concerns in the financial sector. He said, "Internal control mechanism is not a matter of compliance. It is a matter of self-interest."
GIFT City is India's global finance gateway, with $111 billion in banking assets and $39 billion in fund capital as of March 2026. The hub will highlight its growing role at the Vibrant Gujarat Regional Summit on June 30. Many entities now operate there, showing rapid growth in leasing and treasury.
An NRI got an Income Tax notice after sending ₹11 lakh to parents. The notice was quashed after six years. TaxBuddy highlighted this, showing how missing documents can cause issues. Genuine family remittances are tax-free, but proper records are important for NRIs sending money to India.
Central government employees await the 8th Pay Commission's fitment factor. This factor will shape salary and pension for 55 lakh employees and 69 lakh pensioners. Different fitment factors, like 2, 2.5, and 3, could significantly impact basic pay and HRA. Many are watching closely for potential increases.