Where students pay to stay close, but safety comes second

Zee Entertainment shares plunged over 12% after Sebi barred founder Subhash Chandra and CEO Punit Goenka from the securities market for one year over an unauthorised property pledge case. The regulator also fined ZEEL and flagged governance lapses, even as shareholders recently approved a Rs 3,144 crore promoter fundraise.

UK property tax reforms may replace stamp duty and council tax soon. Land value taxes could significantly increase annual costs for expensive homes. This shift might reduce property values as buyers consider recurring tax bills. First-time buyers could benefit from lower upfront purchase costs. Second homes and investors may face higher expenses under proposed changes.

Morgan Stanley sees India entering a multi-quarter growth upcycle, supported by improving investments, monetary policy and domestic demand. The brokerage expects the Sensex to reach 89,000 by June 2027 in its base case, while assigning 25% probabilities to a bull-case target of 100,000 and a bear-case target of 66,000.