Did you know that Bengaluru is increasingly turning into a wealth hub? Over the next 16 years, the Silicon Valley is about to witness a massive boom of  centi-millionaires. What does that mean? Watch the video to find out.

Did you know that Bengaluru is increasingly turning into a wealth hub? Over the next 16 years, the Silicon Valley is about to witness a massive boom of  centi-millionaires. What does that mean?

Bengaluru to see over 150% rise in ultra-rich population

L&T is scaling up its utilities business by focusing on green hydrogen, large battery storage projects and a booming transmission and distribution segment in India and overseas

Business Standard

JM Financial Asset Management Company is expanding its Alternative Investment Fund (AIF) platform with the launch of Rs 1,000 crore early-stage real estate fund to address the sector's financing gap.
"Our objective is to build a comprehensive AIF ecosystem that supports India's next phase of enterprise growth. We are creating strategies that are thematic, real asset-?backed and focused on non-traditional opportunities," JM Financial Asset Management Ltd MD and CEO Amitabh Mohanty told PTI.
The AIF platform will offer specialised pools of capital across credit, real estate and pre-IPO opportunities, he said.
JM Financial has launched its early-stage real estate (RE) fund, which capitalises on the group's expertise and track record over more than a decade managing real estate credit, he said, adding that the fund aims to bridge the capital gap that traditional lenders are unable to address due to regulatory constraints.
The fund aims to raise Rs 1,000 crore, with likely first close o

The AIF platform will offer specialised pools of capital across credit, real estate and pre-IPO opportunities, JM Financial Asset Management Ltd MD and CEO Amitabh Mohanty said

Press Trust of India

Unmetered intelligence, human-supervised 'digital colleagues' and continuous skilling as the key safeguard amid big shifts will shape an AI-rewired future, Puneet Chandok, President, Microsoft India and South Asia has said outlining his top predictions.
Microsoft CEO Satya Nadella during his visit to India earlier this month had announced plans to invest USD 17.5 billion here to help build infrastructure and sovereign capabilities for the country's AI-first future - the bold commitment marking the tech giant's largest investment ever in Asia.
Chandok said AI has moved beyond hype, delivering real impact today.
"...the next phase will be defined by how responsibly, inclusively, and thoughtfully we scale it," Chandok told PTI.
His headline predictions for the rearranging world and frontier AI include intelligence moving from being scarce to abundant, with compute increasingly translating directly into cognition for organisations, in an era of "unmetered intelligence".
AI 'agents' wi

India's digital public infrastructure enables mass AI adoption, turning national scale into a global advantage, Chandok notes

India's Digital Personal Data Protection Act will fundamentally alter how companies handle user data, mirroring GDPR's impact in Europe, says DSCI CEO Vinayak Godse

Maharashtra Chief Minister Devendra Fadnavis on Sunday said the BJP has set a record in local body polls with 48 per cent of councillors winning on the party symbol, and its candidates elected as presidents in 129 municipal councils.
He attributed the Mahayuti alliance's success in the municipal council and nagar panchayat elections to the BJP organisation and development agenda of the government.
Counting of votes for elections to the posts of president and members in 286 municipal councils and nagar panchayats held in two phases began in the morning.
Fadnavis said the BJP has once again emerged as the single largest party.
"48 per cent councillors have been elected on the BJP symbol, which is a record. The BJP has created another record with 3,300 councillors being elected from the party.
"BJP candidates have been elected as presidents in 129 municipal councils. In 75 per cent of the local bodies, Mahayuti nominees have been elected as municipal presidents," he said.
Fadnavis .

Counting of votes for elections to the posts of president and members in 286 municipal councils and nagar panchayats held in two phases began in the morning

President Droupadi Murmu on Sunday gave her assent to the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, the Rural Development Ministry said.
The VB-G RAM G Bill, 2025, was passed by Parliament, amid opposition protests.  It seeks to replace the existing rural employment law, MGNREGA, and guarantees 125 days of wage employment per rural household per financial year.
According to the government, the new scheme aims to establish a rural development framework aligned with the national vision of 'Viksit Bharat 2047'.

It seeks to replace the existing rural employment law, MGNREGA

The Union Budget has been presented on February 1 since 2017, and 2026 will be the first occasion since then that it falls on a Sunday

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Bengaluru to see over 150% rise in ultra-rich population

Did you know that Bengaluru is increasingly turning into a wealth hub? Over the next 16 years, the Silicon Valley is about to witness a massive boom of centi-millionaires. What does that mean? Watch the video to find out.

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