Engineer-turned-philanthropist Sudha Murty on Thursday took oath as Rajya Sabha MP in the presence of her husband N R Narayana Murthy.
India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
The number of active SIP accounts is nearing the 100 million milestone.
In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules by the Insolvency and Bankruptcy Board of India (IBBI) has said. The notification dated February 12 said: "For the purposes of clause (e) of sub-section (4) of section 36, wherever the corporate debtor has given possession to an allottee in a real estate project, such asset shall not form a part of the liquidation estate of the corporate debtor." Real estate experts call it a "pragmatic approach" by the regulator. "However, there are many cases where possession has not been given because the property is stuck in insolvency.
'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'
Addressing the centenary year celebrations of the All India Presiding Officers Conference organised in the Himachal Pradesh State Assembly, Harivansh suggested various reforms to make law making legislatures more dynamic.
BJP's Adhikari said that an opposition MLA is usually appointed as the PAC chairperson following the norm, but the TMC misused that rule to appoint Roy as its chairman.
Pakistan's Punjab police have booked former prime minister Imran Khan and 1,500 of his party workers for attacking and setting on fire a top army officer's house in Lahore.
As Cyclone Dana barrels toward the coasts of Odisha, threatening to impact nearly half of the state's population, the government is racing against time to execute a massive evacuation plan aimed at relocating about 10 lakh people in several coastal districts to safety. In West Bengal, the cyclone is set to bring heavy rainfall in several southern West Bengal districts, including Kolkata, the India Meteorological Department (IMD) has said.
'...and I was a great admirer of his leadership of Tata Sons.'
The Indian National Developmental Inclusive Alliance (INDIA) parties, led by the Congress, staged a walkout from both Houses of Parliament on Wednesday, in protest against all states except two being 'ignored' in the budget, an allegation termed 'outrageous' by Finance Minister Nirmala Sitharamanm, who said all the states never found a mention in any of the previous budgets, including those presented by the Congress.
The Tirupati Laddu row intensified on Friday with the Tirumala Tirupati Devasthanams (TTD), which is managing the super-rich temple, backing Chief Minister N Chandra Babu Naidu's claim that the famous 'prasadam' had animal fat and Yuvajana Sramika Rythu Congress Party president Y S Jagan Mohan Reddy dubbing the accusations as 'atrocious'.
The chairman raised the issue of mimicry of the speaker and the chairman by an MP and the videography of the act, saying this was shameful and there has to be a limit.
Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. The prices of residential properties have risen in the range of 4-7 per cent primarily due to an increase in the input costs and demand comeback post-COVID, it said. Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 per cent this year to 364,900 units as against 236,500 units in 2021 across the seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
The Speaker is the final authority to take a call on cases of defection. Although this may not be an immediate concern now, but its occurrence in the future cannot be ruled out considering the volatile nature of politics, points out Rup Narayan Das.
The housing inventory overhang in the top seven cities in India stood at a five-year low of 20 months at the end of the January-March quarter, data from real estate consultancy Anarock showed on Monday. It was the highest at 55 months in the quarter ending December 2020. The inventory overhang is the amount of time it would take to sell the current housing listings in an area. A lower overhang denotes higher demand in a particular area.
The White House on Wednesday stood behind Eric Garcetti asserting he is qualified to serve as United States Ambassador to India, even as a Congressional committee vote on his nomination was postponed till March 8 after a Republican Senator placed a hold on his nomination.
Chadha thanked people for their love and blessings that he received during the period of suspension.
It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.
Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.
As the members of the Rajya Sabha will be seated at multiple locations, including the galleries of the House and in the Lok Sabha, a hotline facility between the chambers of the two Houses has been created for the technology-aided session.
One of those who waited for the game to get underway was Bollywood star Vicky Kaushal, who was was seen chatting up Delhi Capitals Director of Cricket Operations and cricket legend Sourav Ganguly and former IPL chairman Rajiv Shukla.
What some of our leaders were up to this week.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
A day after Prime Minister Narendra Modi's visit to Jammu and Kashmir, Hurriyat Conference Chairman Mirwaiz Umar Farooq was released from house arrest on March 8, 2024.
Both Houses of Parliament were adjourned on Friday due to continuous protests by opposition members seeking discussion and a reply from Union Home Minister Amit Shah on the Parliament security breach.
The increased numbers of the Opposition bloc would mean that their MPs are likely to head several more panels than the four that they did by the end of the term of the 17th Lok Sabha.
The Labour government in the UK has cleared the decks for a 500 million grant to Tata Steel, paving the way for decarbonisation of the company's British business and a sustainable financial future. In a statement, Tata Steel said that it has signed a 500 million Grant Funding Agreement (GFA) with the UK government, allowing it to "proceed at pace with the project to install a state-of-the-art electric arc furnace (EAF) at the Port Talbot steelworks in Wales". This is part of the 1.25 billion green steel project in Port Talbot, of which Tata Steel's investment is to the tune of 750 million.
He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
Janata Dal-United MP Rajiv Ranjan Singh alias Lalan Singh offered juice to Harivansh to help him break the fast.
Authorities used the gun to help determine the shooter's identity, as he did not have identification on him, according to law enforcement sources, as reported by CNN.
Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).
Alleging negligence in the construction of the temple, Das claimed that there was also no arrangement for the drainage of rainwater from the temple premises after the showers on Saturday midnight.
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI's decision to hike repo rate, according to real estate developers and consultants. However, the impact of RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short term, they added. This is the third consecutive rate hike after a 40 basis points and 50 basis points increase in May and June, respectively.
Gandhi will now be seen in two upcoming OTT series -- Hansal Mehta's Gandhi, starring Pratik Gandhi in the title role, and Freedom at Midnight by Nikkhil Advani.
In his reply to a letter written by Dhankhar, Kharge said the Chairman's letter 'unfortunately justifies the autocratic and arrogant attitude of the Government towards Parliament'.
United States President Joe Biden and First Lady Dr Jill Biden on Monday hosted a Diwali reception at the White House in what they called the largest since the People's House started celebrating the festival during the George Bush administration.
Amid the pandemonium and chaos, which many senior members termed as a "black mark" and "unprecedented" in the House's century old history, it was adjourned sine-die within minutes after it met for the day.
The activities of the two secretariats over the years have increased many folds which involve manpower planning, judicious and prudent financial management, transfer, postings of senior officials, meeting the grievances of the officials and staff, reveals Rup Narayan Das.
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