India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
Mahinda Rajapaksa has been accused by the Opposition of inciting the ruling party mobs to attack peaceful protesters by making a defiant speech while addressing several thousands of his supporters to deflect calls for his resignation.
'Sepoy K Ashuli displayed nerves of steel, exemplary courage, fearlessness under enemy fire, unparalleled devotion to duty and camaraderie of the highest order in keeping with the finest traditions of the Indian Army.'
Tucked away at a lane in Arehalli Guddadahalli, a small village in Bengaluru Rural district is a nondescript factory of LaundryMate, one of India's first organised technology-led online laundry services firms. The company has built the country's largest laundry facility, which is spread across 53,000 square feet - the size of a football field. Inside the hangar-like building, one can hear the whooshing and humming sound of big hi-tech washing machines being operated by the newly-recruited staff of LaundryMate.
State Bank of India hikes lending rates, and other banks pick up the signal.
How Shibani Bhagat plans to rewrite the rules of the Indian sneaker business.
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
How can you, as a buyer, put your best foot forward at the negotiation table? Above everything else, the Scout's Motto holds true -- Be Prepared.
He would not be part of the day-to-day activities of L&T in his non-executive role. He would, however, be there at important company events.
Esha Wali, who is the vice president of technology at a Mumbai bank, tells Rediff.com's A Ganesh Nadar what she would like to see in Finance Minister Nirmala Sitharaman's Budget.
Mumbai Metropolitan Region recorded housing sales of nearly 9,200 units in Q3 of calender 2020, against 3,620 units in the preceding quarter, registering a 1.5 times growth which is the highest growth seen any city except Chennai.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
President Pranab Mukherjee has given nod to re-promulgation of the controversial land ordinance, which could not be converted into law during the recently concluded Budget Session of Parliament, for the third time.
Kapoor told the ED that he was told by the then petroleum minister Murli Deora that the refusal to buy the MF Husain painting will not only prevent him from building a relationship with the Gandhi family but also prevent him from getting the Padma Bhushan award.
Choose from a range of accessories to make his life easy, enjoyable and stress-free.
Direct tax expert Vikas M Gandhi offered some valuable tips on tax planning.
Nanpakal Nerathu Mayakkam is a masterpiece, and like most masterpieces of the cinema, it's a great act of folly, observes Sreehari Nair.
Hailing clear majority for Narendra Modi-led BJP in the polls, real estate experts on Friday said a stable government at the Centre will help revive the property market.
The partnership will also see the two parties cooperate on technology initiatives, including development of affordable smartphones.
Growth of capital goods at 9.6 per cent is inspiring as the investment cycle is expected to rebound in the coming months.
You can still file your return for last year. However, since you are filing late, interest on refund will be given from date of filing of return and not from 01/04/2007. If you are filing returns for the first time, you can file return in the city where you are currently residing, says tax expert Vikas Gandhi.
The country's largest private lender HDFC Bank is planning to facilitate a shift in its payments module from the existing core banking platform. This would ensure minimal payments downtime, even if core banking is not available. "This 15-month project will be followed by hollowing the customer-master modules from its existing core systems. "It will ensure a single system of record for customers across various products," said Sashidhar Jagdishan, managing director (MD) & chief executive officer (CEO), in the annual report for 2021-22.
Only when we are part of the same family, which will happen down the line, then, of course, we will give them (PMC depositors) all the assurance and the comfort.'
'This year's Budget didn't give into populist measures everyone was expecting after demonetisation, so I think that was a positive step.' 'Hopefully the Budget will continue in the way it has been.'
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors.
At Lyngkhong village in East Khasi Hills district, the foundation for the single line fence has been built but the fencing has been stopped due to protests of the residents.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
Interest paid on loan on mortage of house will not bring the same tax deduction as from rental income, says direct tax expert Vikas Gandhi.
Tilak was picked up by Mumbai Indians on the second day of the IPL 2022 mega auction.
'Having a voice at the table means the other side has to show up to listen. It became clear that wouldn't happen,' says actor Maulik Pancholy, one of the 10 members who resigned from the US president's advisory commission on Asian Americans.
The return of private investment now struggles with lack of funds and election-driven uncertainty.
The government is set to ask PSBs to expeditiously introduce repo-rate linked products "to step up affordable credit".
Realty firm Raheja Developers on Thursday said it would construct over 17,000 residential units in next five years aiming to generate revenues of nearly Rs 4,100 crore (Rs 41 billion).
The Qatar Investment Authority deal follows Byju's raising money from the Canada Pension Plan Investment Board, which was also the first direct investment by the Canadian pension fund in an Indian start-up. In March, Byju's had raised $540 million at a valuation on $5.4 billion, making it the most-valued ed-tech company in the world.
Rahul Mukerjea's two-day cross examination in early November left many questions unanswered even as new ones came to the fore in the Sheena Bora Murder Trial, reports Prasanna D Zore.
At a time when buyers are complaining about developers not sticking to delivery schedules and delays stretching for three-four years, these technologies have come as a boon.
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