FDI (Representative image) 1 min read Last Updated : Jul 28 2026 | 8:24 PM IST The government is considering a proposal to ease foreign direct investment (FDI) norms for downstream investments to boost overseas fund inflows and create jobs, sources said. The proposal is currently under inter-ministerial discussions, they said. The…
The Conveyancing Association’s non-executive chair Nicky Heathcote will step down from her role as she nears the end of her second term leading the association. Heathcote will remain in post while the board appoints her successor. During her tenure, Heathcote has led a number of initiatives designed to strengthen the association and ensure it continues…
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined Luk Fook Securities (HK) Limited (LFSHK) $2.1 million after finding the firm failed to implement adequate cybersecurity controls, a lapse that may have contributed to its inability to withstand a ransomware attack in 2022. The attack, which struck on 19 September 2022, hit LFSHK’s…
The update makes DeFi access easier by reducing the approval process to a single wallet signature. Flare has introduced Smart Accounts version 1.3 to simplify how XRP holders access decentralized finance (DeFi) without changing their existing wallet. The update also removes the need to create separate wallets, manually bridge assets, or manage gas tokens…
Visa is cutting about 2,600 jobs, or 7% of its workforce, primarily from its technology and product teams, Bloomberg reported Tuesday (July 28), citing a staff memo from Visa CEO Ryan McInerney. The company is making the cuts to reinvest in consumer payments, commercial and money movement solutions, and value-added services such as stablecoin, cross-border…
Mortgages for second homes rose 4% year over year in 2025, the first annual increase in four years. That’s compared with a 1% increase for primary homes. Still, second-home mortgages account for just 3% of all home loans. Second-home purchases are rising because affluent buyers are fairly active in today’s housing market; additionally, demand dropped…
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Packaging can be removed from the bathroom counter, Bo Keuleers, an interior-design project manager at MVA Home, told BI. Cotton-swab containers, for example, are often large, long, and visually unappealing. Instead, replace the packaging with glass jars to “instantly create a spa-like atmosphere that is relaxing, calming, and appears more elegant,” Keuleers said. She said…
New York City’s office-to-residential conversion wave hit another snag less than a month after columns buckled during an apartment transformation project at the former Pfizer headquarters in Midtown. Construction was halted last week by New York City’s Department of Buildings (DOB) at 222 Broadway in the Financial District, where GFP Real Estate is converting the…
Courtesy of Valpre Capital Ireland’s living sector is on course for its strongest year since the market slowdown, with €1B in investment volumes in reach by the end of 2026, according to agent Knight Frank. Knight Frank’s July Ireland Living Sectors Market report has forecast total investment of between €800M and €1B this year, driven largely…