Automakers like GM are dropping Android Auto and Apple CarPlay to develop their own AI-powered infotainment systems, aiming to retain customer data and offer unique features. This shift faces consumer backlash and concerns over subscription models.
A KPMG report indicates India's housing sector is set for a significant transformation driven by urbanization and policy reforms. Key focus areas include affordable housing and rental housing development, with recommendations for regulatory improvements and increased investment.
A new US-Iran memorandum of understanding allows Tehran to resume oil and fuel exports, potentially boosting the Iranian economy by over $60 billion annually. The deal eases sanctions, enabling wider sales and access to frozen funds, though critics warn of strengthening the regime.
A Swansea University study found that warnings about SUVs' increased danger to pedestrians and cyclists had a negligible effect on purchasing decisions. Researchers suggest financial penalties are needed to reduce the number of large vehicles on roads.
Indian buyers are cautiously re-entering Dubai's property market, with inquiries below pre-war levels. Demand has shifted to smaller, cash-flow focused investments, with FCNR deposits offering a competing, lower-risk alternative. Transaction ticket sizes have decreased, and buyers are prioritizing rental yields and developer track records.
California Democrats have passed a new sales tax on digital software downloads, set to take effect next year. Governor Gavin Newsom is expected to sign the measure, projected to generate $900 million annually. The tax aims for parity between physical and online software sales.
Bihar government has increased land and property registration rates, with rural land rates up by 60% and urban rates doubled. An annual 5% increase in minimum value register (MVR) and a 1% rise in stamp duty have also been introduced. The revision aims to offer higher compensation to farmers for land acquisition and increased discounts for women in property registration.
Bitcoin shows deep value metrics below 1.0, but subdued investor participation and competition for liquidity from major IPOs raise concerns. Despite the Fed holding rates, future hikes loom, creating market uncertainty.
Two homebuyers who booked 3BHK flats in 2010 are finally getting a refund with interest and compensation after a 16-year delay. The Delhi State Consumer Disputes Redressal Commission ruled in their favor, ordering the housing society to return over Rs 79 lakh with 8.25% interest and pay Rs 3 lakh for mental agony and litigation costs.
South Korea's unique jeonse rental system is facing a crisis as deposits and rents surge in Seoul, making homeownership increasingly difficult for ordinary households. This instability is linked to tax policies affecting multi-home owners.
Mortgage application volume fell 3.8% last week due to mixed rate movements. Refinance applications dropped 5%, while purchase applications decreased 3%. Rates are influenced by inflation data and optimism over the Strait of Hormuz opening, with potential impacts from oil price fluctuations.
The Real Estate (Regulation and Development) Act, 2016, mandates that real estate agents dealing with registered property projects must register with the respective state RERA authority. This aims to enhance transparency and accountability in property transactions by regulating intermediaries.
Mainland Chinese buyers significantly increased their Hong Kong property purchases in the first four months of 2026, acquiring over 41% of last year's total. April saw a nearly 48% month-on-month rise in registrations, reaching a two-year high.
Australia's housing market is experiencing a significant slowdown in investor activity following recent interest rate hikes and Labor's tax reforms, including the abolishment of negative gearing, leading to decreased buyer confidence and a sharp drop in auction clearance rates.
Australia's housing market experiences a significant slowdown in investor activity following recent interest rate hikes and Labor's tax reforms, including the abolishment of negative gearing, leading to decreased buyer confidence and a sharp decline in sales.
Australian property market activity has significantly slowed due to interest rate hikes, Labor's tax reforms, and global economic uncertainty. Investor and first home-buyer applications have dropped, leading to a 'buyer's strike' and a 'recalibration period' for the market.
Global oil and gas markets have seen prices fall after a US-Iran peace deal was confirmed, potentially reopening the Strait of Hormuz. Brent crude dropped to $83 a barrel and gas prices fell 6%, easing fears of severe economic consequences.
A Delhi consumer court has ordered a Ghaziabad housing society to refund over Rs 79 lakh to two homebuyers and pay Rs 5 lakh in compensation for delaying flat possession by over 15 years. The society also faced penalties for deficiency in service and was ordered to pay interest on the refunded amount.
Dashdot encouraged clients to proceed with property investments and pay fees just days before entering voluntary liquidation, emails obtained by ABC News reveal. The collapse has left hundreds of customers facing significant financial losses.
Dashdot, a buyer's agency, encouraged customers to proceed with services and pay up-front fees just days before entering voluntary liquidation. Emails show the company downplayed market volatility to clients, raising questions about its operations while approaching insolvency.
A marca brasileira de óculos de luxo Lapima, criada pelo casal Gisela e Gustavo Assis, expandiu sua presença globalmente, conquistando celebridades como Meryl Streep e Lady Gaga. Iniciando na Europa e EUA antes de focar no Brasil, a empresa agora opera em 30 países e busca valorizar o design e o feito à mão.
The Mumbai Income Tax Appellate Tribunal (ITAT) ruled that a property buyer is not liable for short TDS deduction if the seller regularizes their PAN. The case involved a Rs 1.9 crore flat purchase where the buyer deducted TDS on her share, but the tax department sought higher TDS due to an inoperative PAN. ITAT deleted the demand, citing CBDT circulars and the seller's tax compliance. Experts advise buyers to be aware of TDS obligations, especially for non-resident sellers or joint property purchases.
Bitcoin's largest institutional buyers, including ETFs and corporate treasuries, are showing signs of strain with significant outflows and reduced trading volumes. This shift raises questions about the cryptocurrency's role in institutional portfolios and its ability to sustain price levels above $60,000.
Fears of negative equity for first-time buyers in Sydney and Melbourne are easing as falling house prices are concentrated in the top end of the market. Data shows the cheapest properties have seen modest gains or slight declines, unlike the upper quartiles. Experts suggest low unemployment and low arrears rates mitigate mortgage payment risks, though negative equity can limit options for selling or refinancing.
