Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.
State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.
Maharashtra Deputy Chief Minister Ajit Pawar acknowledged that some ministers are unhappy with the portfolios assigned to them in the new cabinet, which includes a high number of ministers. Pawar said that the work on pending projects will begin soon after the ministers take charge of their respective ministries. The budget session of the Maharashtra legislature will commence on March 3.
Modi pitched for revamping urban governance while linking it to the 'Digital India' mission and 'Swachh Bharat' campaign.
Among the cities that have fully implemented their projects are Agra, Varanasi, Madurai, Coimbatore, Udaipur, Pune, Surat, and Vadodara
Is a sulking Eknath Shinde on the way out as Shiv Sena chief?
With the summer approaching sooner than scheduled, Maharashtra, Telangana, Odisha, and West Bengal have already started experiencing heat waves with temperatures soaring above 40°C.
UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.
'The testing and certification have been completed, and implementation could occur within a year, depending on the number of vehicles.'
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
'If in our cities, all urban bus transport services are free, then the taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people'
Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.
The Pradhan Mantri Awas Yojana-Grameen has the highest unutilised amount (Rs 13,111 crore) compared to any other centrally sponsored scheme.
The Supreme Court on Wednesday deprecated the practice of announcing freebies prior to elections, and said people were not willing to work as they were getting free ration and money.
While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.
Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'
Only 24 per cent of over 7,000 cities and towns in the country have developed their master plans, the Union Urban Development Ministry said on Wednesday and asked them to expedite the process of preparing documents to infuse more development.
The IOA president maintained the conference will serve as a platform where global expertise meets Indian innovation through discussion on urban transformation, technological advancements, sustainability and inclusive governance.
The MVA government had planned to arrest Devendra Fadnavis and when he objected, they planned to arrest him as well, said Maharashtra Chief Minister Eknath Shinde
The move comes after Union minister M Venkaiah Naidu on Monday resigned after he was chosen as the National Democratic Alliance's candidate for the vice presidential election.
Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.
'Ajit Pawar is trying to sideline us; he is trying to be in the BJP's good books at our cost.'
Modi govt pushed very hard the concept of smart cities in 2014.
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
The Delhi government has announced that vehicles older than 15 years will be denied fuel at petrol pumps starting April 1.
Among the new entrants to the Union cabinet, former Madhya Pradesh chief minister Shivraj Singh Chouhan has been given the agriculture and rural development portfolios, Bharatiya Janata Party president J P Nadda the health portfolio and former Haryana chief minister Manohar Lal Khattar the power portfolio.
Reddy, who moved from urban development to the oil ministry, got down to tackling the task straightaway with a brainstorming session with senior ministry officials on Thursday.
'We don't have a say which MP stays where. We prepare everything and allot according to the list we get from Parliament.'
Major portfolios like home, finance and education were on Tuesday allocated to People's Democratic Party ministers by Jammu and Kashmir Chief Minister Mufti Mohammed Sayeed who will himself hold the charge of home ministry.
Around 7.4 per cent of Indians aged 60 and above are affected by dementia. This number is expected to rise from the current 8.8 million to 17 million by 2036, marking a 97 per cent increase.
A foundation in the name of former Deputy Prime Minister Babu Jagjivan Ram and father of Lok Sabha Speaker Meira Kumar has been allotted a bungalow in the prime Lutyen's Delhi for 25 years.
'Efforts are on to make the data readily available so that it proves useful for policymakers.'
Atishi will have a brief tenure in office as assembly elections in the national capital are due in February.
All the Shiv Sena rebels who had resigned as ministers of the previous MVA government to join the Shinde camp were inducted into the new cabinet on Tuesday.
India and Iran on Monday signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran, a move that will boost regional connectivity as well as trade ties. This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.
Here is the complete list of ministers in Modi 3.0 and their portfolios:
Of the 538 projects examined, 294 suffered from cost overruns, 303 from time overruns, and 166 projects suffered both time as well as cost overruns.
Close on the heels of Disinvestment Commission recommending privatisation of National Buildings Construction Corp, Disinvestment Department has asked Ministry of Urban Development for its comments in the matter, by January 31.
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