The real estate market has seen a decline in affordability due to the recent rise in median loan rates as a result of the 50 basis points (bps) hike in repo rates by the Reserve Bank of India (RBI). A cumulative increase of 0.95 per cent in median home loan rate has impacted the purchase affordability and purchase decisions of homebuyers, according to the Affordability Index by Knight Frank. The Affordability Index tracks the EMI (equated-monthly instalment) to income ratio for an average household.
His visit to India followed a few cancelled plans since he took office in July 2019 due to the coronavirus pandemic crisis, with the two leaders holding several virtual talks and eventually meeting in person on the sidelines of the COP26 climate summit in Glasgow last November.
If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax
Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.
'Nobody wants to run an exploitation factory.'
The company recently expanded its services to 7 Indian cities.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."
'Revanth Reddy mounted a spirited campaign in Telangana which turned around the fortunes of the Congress in six months.'
IBM Global Services India opened its global delivery centre in Hyderabad on Tuesday to cash in on the increasing demand for IT application development and management.
Indian External Affairs Minister Pranab Mukherjee with Myanmar's Foreign Minister U Nyan Win. Win is in India to enhance bilateral ties, particularly in trade and energy fields. He also met Prime Minister Manmohan Singh.
Two persons including a Hyderabadi woman has been arrested in the Mecca Masjid blasts case, police said on Friday.
Modi said dithering to take action against terrorists and their supporters will be like encouraging terrorism.
Amid a flurry of housing project launches for flats worth crores of rupees, a new survey says Indians are mostly interested in buying houses worth Rs 20-50 lakh.
A Securities and Exchange Board of India (SEBI) team probing a financial fraud in Satyam Computer on Friday reached founder Ramaling Raju's house here, but returned as the premises was locked.
This is the first time that the House is meeting after the BJP's overwhelming victory in the recent series of assembly elections held in February-March.
Opposition members said renaming of the new greenfield airport at Shamsbad after dropping the name of the late N T Rama Rao hurt "Telugu pride".
Sukanya Verma lists everything you can watch on streaming platforms this weekend.
What some of our leaders were up to on Tuesday, December 13.
By keeping the Sanatana Dharma row alive and adding the Ayodhya temple consecration scheduled for January 22 and adding the free darshan promise from four polled states to the entire country, the BJP may have a self-fulfilling concoction, predicts N Sathiya Moorthy.
In unprecedented scenes, supporters of former prime minister Imran Khan on Tuesday stormed the Pakistan Army headquarters in the garrison city of Rawalpindi and the Corps Commander's residence in Lahore after his dramatic arrest in a corruption case.
Severely critical of China, Pompeo, cited killing of Indian Army personnel in the Galwan Valley in eastern Ladakh in a clash with the Chinese military, and asserted that both India and the US are taking steps to strengthen cooperation against all threats and not just those posed by the Chinese Communist Party.
United States President Barack Obama on Monday began talks with Prime Minister Manmohan Singh on a wide range of bilateral and other issues. After a ceremonial reception at the Rashtrapati Bhavan, Obama drove to the Hyderabad House from Rajghat to begin restricted talks with the prime minister, which would be followed by delegation-level talks. The two leaders are expected to issue a joint statement covering a number of issues ranging from security, trade and economy.
Make sure that the person you are buying the plot from is the rightful owner.
Congratulating Raj, Chief Minister K Chandrasekhar Rao praised the team led by her for their scintillating performance in the just-concluded women's World Cup, a release from the CM's office said.
Politicians bid farewell to Muppavarapu Venkaiah Naidu as India's vice-president at the G M C Balayogi auditorium in the Parliament house complex on Monday, August 8, 2022, evening.
On the occasion, the PM presented a memento to the outgoing president.
Russia President Vladimir Putin on Monday described India as a great power, a friendly nation and a time-tested friend and echoed common concerns over terrorism, drug trafficking and organised crime as he held wide-ranging talks with Prime Minister Narendra Modi.
'Since both Ram Charan and NTR Jr are dancing in this song, I don't want one of them to feel one up.'
The bench, which also comprised Justices A M Khanwilkar and D Y Chandrachud, told the Maharashtra government to make its police officials "more responsible" on matters pending before the court.
Prime Minister Narendra Modi and his visiting Danish counterpart Mette Frederiksen on Saturday held 'fruitful' talks with a focus on expanding cooperation in a range of key areas such as health, agriculture, water management, climate change and renewable energy.
United States Secretary of State Hillary Clinton and External Affairs Minister S M Krishna will lead their respective delegations in the Second US-India Strategic Dialogue that will be held in Delhi on Tuesday.
IT major Infosys Technologies, which has presence in 40 countries, will spend Rs 1,250 crore (Rs 12.50 billion) over the next ten years for its new facility at Pocharam, near Hyderabad, being constructed in a 450-acre special economic zone.
Addressing a joint press conference at the Hyderabad House after official talks, Prime Minister Manmohan Singh and US President Barack Obama stated the two countries have decided to expand cooperation in the fields of space, technology, health and agriculture.
Johnson said Modi has been 'very strong' in his reaction to what happened in Bucha in Ukraine and that everyone understands and respects New Delhi's decades-old historic relationship with Moscow.
The comment by the Chief Protocol Officer anchoring a ceremony on signing of memorandum of understanding left almost everyone at the event in splits.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances