The latest rate cut has not yet trickled down to consumers.
A recent report by Citi had pegged the total amount stuck in stalled projects across seven major Indian cities (Bengaluru, Mumbai Metropolitan region, National Capital Region, Ahmedabad, Hyderabad, Kolkata and Pune) at Rs 80,000 crore.
'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.
The proposed exchange is likely to be almost as big as Mumbai's Bharat Diamond Bourse, now said to be fully occupied.
US-India defence cooperation must not adversely affect the India-Russia interface, which has its own strategic meaning and content, asserts Vice Admiral Premvir Das (retd).
Shares of rate-sensitive realty, bank and auto sectors were on buyer's radar on Wednesday.
RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
However, if you do borrow for say buying a house -- most people do -- do not be in a hurry to repay the loan. Take a loan at a young age and keep it on for the whole period.
The people of the nation co-operated and patiently waited for the government's promised "ache din", and now they want their just rewards, says Adhil Shetty.
The shops became a subject of a political controversy last week.
'Why would my husband leave a beautiful wife like me?' Priyanka Jagga asks Rajul Hegde.
'When a woman gets married, she leaves her village, her friends and family.' 'In her new home, she will make friends, but they can never replace those she left behind.'
It's such a well-kept secret that even well-heeled financial planners aren't aware of it, says Harsh Roongta.
The company adopted the scheme from parent Suzuki, where employees are rewarded for making suggestions to improve productivity and cut wastage.
There is a high demand for IT professionals who can envision, design and develop applications for the future.
'The real problem of joblessness and democratic politics is happening here in India. And it is happening now, right before us.'
A must-read excerpt from former RBI governor and former Rajya Sabha member Bimal Jalan's India: Priorities For The Future.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
The Supreme Court on Friday directed Parsvnath developers to hand over possession of a flat in its Gurgaon project to Minister of State for Information and Broadcasting Rajyavardhan Singh Rathore in two days.
Right steps you can considerably reduce the tax outgo.
'Governments, democratically elected governments, are custodians for a short- specified time.' 'Parents don't let baby sitters decide the course of their child's future.'
Zomato is investing in setting up infrastructure, which existing restaurants will be able to use'.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Some believe she should no longer be the face of the struggle to free Myanmar from the new military dictatorship, observes Prakash Bhandari.
Jaitley has managed the difficult feat of sticking to the fiscal correction.
Yulu founder Amit Gupta believes bicycle sharing is the next big thing.
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
They are cheaper to build, costing around Rs 10 lakh each as against Rs 20-25 lakh for a traditional ground-based tower and even less than the Rs 12-15 lakh needed for a tower mounted on a roof top.
HFCs and banks expect a drop in demand for housing loans in the short-term.
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
Despite the slowdown, property investments can give them good returns over the long term
Priya Nair tells you how you can use technology to invest better and maximise returns.
Every financial plan needs to be tweaked periodically.
However, the realty players will have to pursue their long-pending demands with the state government for abolition of the Urban Land Ceiling Act, speedy approvals to expedite redevelopment of Maharashtra Housing and Area Development Authority buildings, development of cluster development, rental and affordable housing.
'Our culture, our history, our achievements are great and we should start celebrating them.' 'I am glad our movies are doing that and Mission Mangal is doing that.'
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
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