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Indian conglomerate Adani Group plans to invest over 7.5 trillion rupees ($88.53 billion) in various sectors, including renewable energy and cement, in Rajasthan. Karan Adani, managing director of Adani Ports, announced this significant investment on Monday.
The Yamuna Expressway Industrial Development Authority has received 1.12 lakh applications for just 451 residential plots near the upcoming Noida International Airport, generating approximately Rs 4,800 crore in registration fees. The overwhelming demand highlights the interest in residential real estate in the area. A lucky draw for plot allotment is scheduled for December 27.
China's Politburo has shifted its monetary policy stance to 'moderately loose' for the first time since 2011, alongside a more proactive fiscal policy. This change aims to stabilize real estate and equity markets while enhancing counter-cyclical adjustments, signaling greater easing ahead and likely appealing to global investors. The decision emphasizes the need for improved macro-control and a robust policy approach to bolster foreign trade and investment.
At a recent New York event, Wall Street elites celebrated Khaldoon Al Mubarak, the driving force behind Abu Dhabi’s Mubadala Investment Co. since 2002. Under his leadership, the $330 billion wealth fund has transformed from a local investor to a global player in sectors like AI, finance, and healthcare.
Jack Cowin, founder and chairman of Competitive Foods Australia, transformed his entrepreneurial spirit into a fast food empire, bringing KFC to Australia in 1969 and later operating Hungry Jack’s and Domino’s Pizza. With a business now valued at over $3 billion, Cowin's journey began with a $1,000 deposit and a successful fundraising effort that led to the opening of his first franchise in Perth. Today, he owns 98% of his company, which generates over $300 million annually.
Growtheum Capital Partners is set to invest 7 billion pesos ($121 million) in Mets Logistics Inc., a leading cold storage provider in the Philippines. This funding aims to expand Mets Logistics' facility network, reinforcing the country's food supply chain. Additionally, the company's founding shareholders will contribute 500 million pesos to support this growth.
XRP, with a market cap of $149 billion, is making significant strides in tokenization and decentralized finance (DeFi), highlighted by the upcoming launch of its stablecoin, ripple usd (RLUSD). Despite its growth, challenges remain in liquidity and DeFi activity on the XRP Ledger, which currently shows limited engagement. Ripple's strategic moves aim to position it as a key player in the evolving financial landscape, even as it faces criticism and the need for improved infrastructure.
Mortgage rates are expected to stabilize around 6% as the housing market sees increased activity from buyers and sellers who have delayed transactions. Economists predict a 4% rise in median home prices in 2025, while rental prices may remain flat, allowing renters more negotiating power. However, potential economic policies could introduce volatility in both mortgage rates and home prices.
Rexas Finance (RXS) is gaining traction in the cryptocurrency market, having raised over $22 million in its presale, with a current price of $0.125 and a projected target of $47.87 by the end of 2025. The platform focuses on real-world asset tokenization, allowing users to tokenize physical assets like real estate and art, thus democratizing access to investment opportunities. With a community-centric approach and a $1 million giveaway to boost engagement, Rexas Finance is positioned for significant growth as it prepares for its market debut.
Kota's coaching and hostel industries are facing a significant downturn, with student numbers plummeting from 2-2.5 lakh to 85,000-1 lakh due to negative publicity and new regulations. This has led to a revenue drop from Rs 6,500-7,000 crore to Rs 3,500 crore, leaving many hostel owners struggling to meet loan repayments. Despite the crisis, stakeholders remain hopeful about the city's unique educational environment and are exploring new opportunities, including the establishment of IT hubs.
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