Category: Business

New Delhi, July 20: Foreign investment inflows into India are expected to recover in FY27, supported by improving economic fundamentals, policy stability, and continued investor confidence, according to a recent report.

The report noted that India’s strong economic growth prospects, expanding domestic market, and ongoing structural reforms are likely to enhance its attractiveness as an investment destination. Continued infrastructure development and a favourable business environment are also expected to support higher foreign capital inflows.

Industry experts said sustained policy initiatives, macroeconomic stability, and rising investor interest across sectors could contribute to a stronger investment outlook in the coming fiscal year.

The anticipated rebound in foreign investment is expected to support economic growth, create employment opportunities, and strengthen India’s position as a preferred destination for global investors.

The report highlights India’s long-term growth potential and the continued confidence of international investors in the country’s economic prospects.

Ras Al Khaimah, July 20: Ras Al Khaimah Economic Zone (RAKEZ) concluded a series of high-level business engagements in Mumbai, India, led by Group CEO Ramy Jallad. The visit formed part of a broader two-week RAKEZ roadshow across India, also covering Bengaluru, Coimbatore, Hyderabad and Pune, aimed at strengthening UAE-India trade and investment ties and creating new pathways for Indian companies exploring regional and global expansion from the UAE.

In Mumbai, the delegation held a series of B2B meetings with prominent Indian companies across diverse sectors, including automotive manufacturing, banking and financial services, IT and BPO, petrochemical trading, chemical and fertiliser manufacturing, alternative energy solutions, engineering, fabrication, infrastructure development, logistics, and strategic minerals processing.

 

As part of the visit, RAKEZ also signed a Memorandum of Understanding (MoU) with the Organization of Plastics Processors of India (OPPI), representing India’s plastics processing sector. The MoU was signed by RAKEZ Group CEO Ramy Jallad and OPPI Secretary General Deepak Lawale. The partnership aims to stimulate trade and business opportunities, create synergies for cooperation and development, and support Indian business owners through commercial missions, fairs, exhibitions and other export and investment promotion activities.

Commenting on the visit Jallad said, “India has always been one of RAKEZ’s most important investor markets, and our latest visit reflects the depth of this relationship. The discussions we held with business leaders across multiple sectors reaffirm the strong appetite among Indian companies to choose Ras Al Khaimah as a base for regional and global growth. Through focused engagements and strategic partnerships such as our MoU with OPPI, we are creating more opportunities for Indian enterprises to access the UAE’s dynamic business environment, benefit from RAKEZ’s cost-effective ecosystem, and scale with confidence.”

The MoU with OPPI further supports RAKEZ’s efforts to engage sector-focused industry bodies in India and promote Ras Al Khaimah as a competitive destination for manufacturers, processors and exporters. OPPI works closely with plastics processors, manufacturers and related industry stakeholders to promote technology adoption, quality enhancement, good manufacturing practices, sustainability, circularity, skill development and policy engagement.

RAKEZ’s Indian business community continues to grow in line with the strengthening UAE–India economic relationship under the Comprehensive Economic Partnership Agreement. Today, RAKEZ is home to more than 13,500 Indian companies, ranging from SMEs to multinational brands such as Mahindra, Ashok Leyland, MSSL, JK Cement, Ace Cranes, G.K. Wire Industries, Bosco Aluminium & Glass, Shyam Middle East, Nash Industries, Xpro India (part of Birla conglomerate), and Dabur Naturelle.

Through continued on-ground engagement and sector-focused outreach, RAKEZ continues to position Ras Al Khaimah as a preferred destination for Indian businesses seeking sustainable growth, regional access and long-term expansion from the UAE.

Through its multi-city outreach, RAKEZ is engaging directly with Indian businesses and industry partners, providing practical insights into establishing and expanding operations in Ras Al Khaimah. The initiative reflects RAKEZ’s continued focus on supporting Indian enterprises across key commercial and industrial centres.

New Delhi, July 20: MTAR Technologies shares remained under pressure for a third consecutive trading session, hitting the lower circuit as continued selling weighed on investor sentiment.

The stock has recorded a steep decline from its recent record high, reflecting heightened market volatility and cautious trading activity. The sustained fall has drawn attention from investors tracking the company’s market performance.

Market experts said fluctuations in stock prices can be influenced by a combination of company-specific developments, broader market trends, and investor sentiment. They added that market participants are likely to closely monitor upcoming corporate updates and financial performance for further cues.

The recent correction highlights the dynamic nature of equity markets, where stock prices can experience significant movements in response to changing market conditions.

Investors are expected to remain focused on the company’s long-term business fundamentals while assessing near-term developments affecting its share price.

Taipei, Taiwan July 20:  Organized by the Taiwan External Trade Development Council (TAITRA) and the Taiwan Association of Machinery Industry (TAMI), the Taipei International Plastics & Rubber Industry Show (TaipeiPLAS) will take place from September 15 to 19, 2026, at Taipei Nangang Exhibition Center, Hall 1. Booth applications and online visitor pre-registration are now officially open, welcoming exhibitors and industry professionals worldwide to join one of Asia’s leading plastics and rubber industry events.

Under the slogan “Form to Future,” TaipeiPLAS 2026 will focus on three key pillars: Smart Manufacturing, Innovative Materials, and Sustainability & Circular Economy. The exhibition will showcase the latest technological advancements and market trends, highlighting how the industry is evolving through digital transformation, material innovation, and sustainable production practices.

TaipeiPLAS has long served as a premier platform connecting global buyers, suppliers, and industry leaders. The 2024 edition attracted more than 12,000 visitors, reaffirming Taiwan’s strategic position within the global plastics and rubber supply chain. The exhibition continues to provide opportunities for product launches, technology exchange, business development, and international collaboration.

The global plastics and rubber industry is undergoing significant transformation driven by circular economy initiatives, advanced manufacturing technologies, and evolving supply chain demands. Leading brands across the automotive, electronics, and consumer goods sectors are increasingly adopting recycled materials and innovative material solutions, prompting suppliers worldwide to accelerate their sustainability efforts. At the same time, manufacturers are integrating automation, digitalization, machine connectivity, and data-driven monitoring systems to improve operational efficiency, product quality, and energy management.

Taiwan’s plastics and rubber machinery sector continues to demonstrate resilience and growth. In 2025, exports reached USD 825 million, representing a 4.6% increase compared to 2024. Key export markets include China, Vietnam, the United States, Thailand, and Indonesia, while Taiwanese manufacturers are also expanding into emerging markets such as Poland, Latin America, and Africa.

Reflecting these industry developments, TaipeiPLAS 2026 will introduce a Sustainability & Circular Zone and place greater emphasis on advanced and composite materials, showcasing innovative material technologies, green manufacturing processes, recycling solutions, and circular economy applications. Visitors will gain insights into the latest industry innovations while exploring opportunities for future business growth.

The exhibition is expected to feature 330 exhibitors across 1,500 booths, presenting comprehensive solutions spanning the entire plastics and rubber value chain. Leading Taiwanese exhibitors include Victor Taichung, FCS, Huarong, CLF, Everlight Chemical, and GRECO, alongside internationally renowned companies such as ARBURG, WITTMANN, ENGEL, and igus.

In addition to the exhibition, TaipeiPLAS 2026 will host a series of concurrent events designed to facilitate knowledge exchange and business networking, including Procurement Meetings, Industry Forums, Guided Tour, and the TaipeiPLAS Award Ceremony & Gala. These activities will provide valuable opportunities for industry professionals to connect with global partners, gain market intelligence, and explore emerging trends.

As the industry advances toward a smarter and more sustainable future, TaipeiPLAS 2026 serves as a key platform for innovation, collaboration, and international business development. Booth applications and visitor pre-registration are available through the official TaipeiPLAS website.

New Delhi, July 20: Cotton continues to play a vital role in India’s agricultural economy, earning its reputation as the country’s “white gold” due to its contribution to farmers’ livelihoods, textile industries, and exports.

India’s cotton sector supports millions of farmers and serves as a key raw material for the country’s vast textile and apparel industry. The crop remains an important contributor to rural employment and economic growth across major cotton-producing states.

With growing demand for sustainable textiles and value-added cotton products, the sector is witnessing increased focus on improving productivity, modern farming practices, and strengthening supply chains.

Government initiatives and industry efforts are aimed at enhancing cotton quality, supporting farmers, and boosting India’s position in the global textile market.

The continued growth of the cotton sector highlights its importance in driving rural prosperity, supporting the textile ecosystem, and strengthening India’s agricultural economy.

New Delhi, July 20: India and Spain have agreed to accelerate discussions for linking India’s Unified Payments Interface (UPI) with Spain’s Bizum digital payment system, marking a step towards stronger digital financial cooperation between the two countries.

The proposed integration aims to enable faster, secure, and more convenient cross-border digital transactions for citizens, businesses, and travellers. The move is expected to improve payment connectivity and support greater economic engagement between India and Spain.

The collaboration highlights India’s expanding digital payment ecosystem and its efforts to build global partnerships for seamless financial transactions.

The UPI-Bizum linkage is expected to benefit sectors such as tourism, trade, and services while promoting innovation in digital finance.

The initiative reflects the growing importance of digital payment solutions in strengthening international economic ties and creating a more connected global payment network.

Mumbai, July 20: Aurum PropTech Limited’s Q1 FY27 was defined by two parallel achievements: sustained operating strength, with the distribution segment leading growth and rental platforms turning EBITDA positive; and a defining strategic move, with the acquisition of 100% of Housing.com from REA Group.

Commenting on the results, Mr. Onkar Shetye, Executive Director, Aurum PropTech Limited, said: “Q1 FY27 marks a defining start to the year for Aurum PropTech. We delivered our third consecutive profitable quarter, demonstrating that disciplined execution, improving unit economics and capital-efficient growth can coexist.

Acquisition of 100% of Housing.com is a transformative milestone, bringing India’s leading real estate discovery platform into our ecosystem and forging a strategic alignment with the REA Group. The combination brings Housing.com’s trusted marketplace with over 58 million average monthly visits and 12 million monthly active users together with Aurum’s integrated transaction ecosystem, laying the foundation for India’s first AI-native real estate operating system.

Equally encouraging is the strength of our operating businesses, with every platform achieving key profitability milestones. Our data analytics, transaction management and sales automation businesses delivered profitable AI-led growth, while our coliving and family rental platforms achieved EBITDA profitability through stronger operational efficiency and greater scale.

This quarter reflects three defining themes for Aurum PropTech, sustained profitability, strategic transformation and AI led technology leadership, positioning us to create the most intelligent, integrated platform across the entire real estate lifecycle.”

Segment Operational Highlights
Distribution Business
Scaling data-driven growth across developer ecosystems.

Sell.do

India’s leading sales automation platform for real estate developers

▪     20+ new developers onboarded; 400+ new licenses added

▪     18 customers signed for AI Calling Feature

▪     Outcome-based pricing models launched with site-visit success POCs underway

Aurum Analytica

Data and lead-intelligence platform for real estate developers

▪     145+ active clients with 275+ projects on platform

▪     1,34,000+ leads sold in Q1 FY27 – 77% YoY growth

▪     Launched AI suite – Aurum Lens (insights), Aurum Converse (voice), Aurum Qonvo (WhatsApp)

PropTiger

Full-stack digital real estate transaction and advisory platform

▪     155+ active developer clients across 11 active mandates

▪     60% YoY growth in gross commission

▪     PropPartnerX broker app live across all cities for end-to-end bookings, payouts, and invoicing

Rental Business
Expanding the rental horizon across India

HelloWorld

Managed coliving platform for young professionals and students

▪     255+ active coliving spaces across 16+ cities

▪     4.3+ average customer rating across the platform

▪     HelloWorld 2.0 launched – brand repositioning from coliving operator to lifestyle identity platform

NestAway

India’s premier technology-led rental marketplace

▪     9,200+ rentable units across 4,855 houses

▪     Deployed AI agents for lead qualification and customer support

▪     320 rooms signed, 25 live clusters for Nestaway Select

 

Keturah founder says premium property market keeps proving its durability as villa, apartment deals average AED 12.1 million

Dubai, UAE, July 20: The Dubai luxury real estate market continued to attract a steady flow of investment in June, with developers generating sales transactions worth AED3.72 billion for off-plan homes priced above AED5 million.

A market analysis from the Keturah luxury brand today reveals that villa buyers accounted for AED1.61 billion across 141 off-plan transactions last month, while apartment sales reached AED2.12 billion from 166 deals – an average of AED 12.1 million per home.

The strongest villa activity came in the AED5-10 million bracket, where 99 transactions generated AED639.2 million in developer off-plan sales, with a further 30 deals worth AED415.6 million recorded in the AED10-20 million range.

Data from DXBinteract shows that apartment sales were concentrated in the AED5-10 million bracket, with 111 transactions worth AED722.3 million, followed by 33 deals worth AED475.7 million in the AED10-20 million range.

Added to the 307 off-plan transactions last month, developers recorded another AED1.01 billion in sales of 58 ready properties above AED5 million at an average of AED17.4 million each.

 

“The premium end of the property market keeps proving its durability,” said Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand. “Investors are continuing to back Dubai’s long-term trajectory as one of the world’s leading real estate destinations.”

The company currently has two luxury communities under development in Dubai – Keturah Reserve, the AED5.7 billion bio-living community in Mohammed Bin Rashid City’s District 7, and the Ritz-Carlton Residences at Keturah Resort, on the shores of Dubai Creek, adjacent to the Ras Al Khor Wildlife Sanctuary.

Both developments sit within the top tier of the market, which last month saw seven villa sales in the AED20-50 million range for a total of AED207.9 million, and five deals in the AED50-100 million range worth AED344.9 million.

Meanwhile, 18 apartment sales in the AED20-50 million range amounted to AED521.5 million and three deals in the AED50-100 million sector totalled AED197 million, while a penthouse in Business Bay sold for AED200 million.

Dubai Islands was the area recording the highest number of off-plan transactions above AED5 million last month with 48 sales, followed by Dubai South with 39, and Palm Jumeirah with 22.

 

New Delhi, 20 July: The HUMAIN AI Literacy Mission (HAILM) was formally launched at Bharat Mandapam, New Delhi, today, introducing a holistic approach to AI literacy that brings school leaders, teachers and students onto a structured learning pathway. Combining an age-appropriate curriculum for Grades 3 to 12 with live sessions, an LMS, video lessons, interactive activities, teacher development, policy resources and classroom-ready learning materials, HAILM aims to help schools adopt AI education systematically, with foundational-level learning available free to broaden access across geographies.

The launch comes at a time when artificial intelligence is becoming part of how young people learn, search for information, create content and interact with technology. Yet, access to structured learning that helps students understand how AI works, assess its outputs and recognise its limitations remains uneven. HAILM seeks to address this gap, enabling students to progress from foundational understanding to responsible and practical use.

Mr. Manit Jain, Chief Visionary, HAILM, outlined the whole-school thinking behind the mission.

“AI has already started influencing how our children learn, work and make decisions. We must ensure they do not grow up merely as users of this technology, but understand its possibilities, limitations and responsibilities. Building an AI-literate Bharat requires a holistic approach that empowers school leaders to shape informed policies, teachers to guide responsible use, and students to understand the technology shaping their future. By making foundational AI literacy freely accessible and supporting schools through a structured learning pathway, HAILM aims to democratise access to AI education and support the vision of Viksit Bharat 2047 by preparing a generation that can understand, use and shape emerging technologies responsibly.”.

Explaining how the mission will translate this vision into practice, Mr. Amit Yadav, CEO, HAILM, said, “For AI literacy to become truly accessible, it has to work within the realities of Indian classrooms. We are designing HAILM as a structured pathway rather than a one-time intervention, with clear support for students, teachers and school leaders. Our aim is to build a model that schools can adopt with confidence across different contexts, while keeping responsible use central to how students encounter AI.”

Beyond classrooms, wider access to foundational AI literacy can help prepare young people to participate more meaningfully in India’s digital future. As AI is embedded across sectors, early exposure to its responsible and informed use can equip students to engage with technology as informed users, creators and problem-solvers.

Addressing the launch, Shri Ashish Sood, Minister of Education, Government of NCT of Delhi, highlighted the importance of preparing students and educators for an AI-enabled world.

“Our classrooms have embraced the digital shift; the next step is ensuring students and teachers understand the AI systems shaping the world around them, safely and responsibly. Building this understanding early can help young people engage with technology with greater confidence and judgement. Initiatives that expand access to structured and inclusive AI learning can play an important role in preparing students to navigate emerging technologies responsibly,” said Shri Ashish Sood, Minister of Education, Government of NCT of Delhi.

Following the launch, HAILM will focus on onboarding schools, expanding teacher-training cohorts and developing partnerships across school education, with further details on institutional collaborations and state-wise rollout to be announced as implementation progresses.

As HAILM moves from launch to implementation, its focus will be on translating its whole-school approach into meaningful classroom impact, helping build a generation that can understand, question and use AI with greater confidence and responsibility.

New Delhi, July 20: The rise in Brent crude oil prices above the USD 90 per barrel mark has renewed concerns over India’s energy costs, with markets closely monitoring the impact on the rupee and foreign portfolio investment (FPI) flows.

The increase in global crude prices could pose challenges for India, which relies significantly on imported oil to meet its energy requirements. Higher crude prices may influence import costs, inflation trends, and the country’s external balance.

Market participants are also keeping a close watch on currency movements, particularly the performance of the Indian rupee, as well as foreign investor activity amid changing global economic conditions.

Analysts said developments in international oil markets, currency fluctuations, and global investor sentiment will remain key factors shaping India’s financial markets in the near term.

The government and market stakeholders continue to monitor global energy trends and their potential impact on economic stability and growth.