Developers must collaborate with city municipalities on essential infrastructure for projects. This collaboration should address water, sewage, and resource consumption impacts. A new public-private approach is needed for urban development. The real estate sector’s role now includes creating sustainable community environments. Faster and integrated project approvals are also a key industry demand.

The rupee opened lower at 95.39 against the US dollar on 11 August due to high oil prices and U.S.-Iran tensions, with RBI interventions supporting it. Market experts highlight financial pressures from rising bond yields and geopolitical issues affecting the currency’s stability.

Neo Wealth Partners invested ₹230 crore for a 9.6% stake in Keertana Finserv. This investment values Keertana at 2.3 times its net worth. The acquisition involved 16 million compulsorily convertible preference shares. Keertana Finserv is a fast-growing gold loan lender promoted by Padmaja Reddy. The firm approved the issuance of these shares through private placement.

Bank of America reported a boost in its second-quarter net income, largely driven by a significant uptick in its trading activities. This surge in trading revenue helped offset other areas, leading to a stronger overall financial performance for the banking giant during the period.

Ashish Yadav made history by clinching a silver medal in javelin at the U20 World Athletics Championships held in Oregon. With a remarkable throw of 74.09 meters, he has broken a decade-long drought for India in this event. His athletic journey, which started on humble training grounds in his village, is now leading him toward…

India urged greater transparency in UN Security Council sanctions decisions. Membership must not legitimize terrorists or pursue narrow political interests. Delays in appointing subsidiary body chairs affect Council effectiveness and credibility. Elected members seek more involvement in key UN processes. The Council’s structure needs to reflect global changes since 1945.