In his Budget speech, the finance minister said: "We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits."
Bigger companies are signing equity JVs with global investors.
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The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Lower crude oil prices would impact India's inflation, CAD.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
Over 2,500 international delegates from more than 150 countries are expected for the Vibrant Gujarat Summit, as against 2,100 delegates from 121 countries in 2013.
Over 2,500 international delegates from more than 150 countries are expected for the Vibrant Gujarat Summit, as against 2,100 delegates from 121 countries in 2013.
The numbers in India may not be as big but the opportunity for serious growth is all there.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
FMCG has been behaving unlike a defensive category in recent quarters.
Facebook will now directly compete with Slack, HipChat, Yammer and a few others in this space.
The Reserve Bank on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of 'innovative' housing financing schemes.
Prices of broiler chicken had hit the record high in June on supply shortage following the government's decision to cull thousands of birds in the states with Avian Influenza outbreaks.
Hailing the announcement of Raghuram G Rajan as the new RBI Governor, India Inc on Tuesday said the appointment of the former IMF Chief Economist will help bring the economy back on growth path.
Raghavendra Kamath reports on what ails India's real estate sector.
India on track to be third largest consumer economy by 2025.
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Nearly 40 developers participating in HDFC Indian Homes Fair in London would showcase thousands of property.
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
'Hardly any aqua centres exist in India though they are popular abroad.' 'Water is known for its buoyancy which reduces pressure on joints. So, you can exercise effectively underwater, provided you have the right experts guiding you,' Harsh Mariwala tells Viveat Susan Pinto.
Global analysts say a successful launch of operational GSLV MkII rocket will reduce dependency for ISRO on foreign launchers.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
SBI comes second and Bharti Airtel is third
According to property consultancy firm Knight Frank, only 19 states and UTs have a functional portal in place, that too with a lot of information dissymmetry across data points
Pharma, insurance and consumer goods companies try to tap the business opportunity
Stocks and sectors impacted most by GST.
The celebrities offer their condolences.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Do you know you can invest in funds to donate money for a good cause?
'Unless we change and we see a change in the direction we are taking, times can only get worse.'
Housing sector to benefit from Budget.
Discounts could be luring but onus of due diligence is always on buyer
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Markets ended weak tracking the expiry of April derivative contracts.
The sale of the Lincoln House in the Breach Candy area of south Mumbai, which used to house the US consulate, to the billionaire chairman of the Pune-based Serum Institute, makes it the largest real estate deal in the country's financial capital.
What's it like for two people of the same sex to be in love Mumbai? Anita Aikara/Rediff.com finds out.
Though the developments are positive, analysts say the benefits will accrue only in the long run
'We are looking at a joint venture between ISRO and a few companies to assemble the PSLV and launch it from Sriharikota.' 'In a month or two, the vehicle assembly building will be ready.' 'After that, we could see 13, 14 launches a year.'
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