With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
The court also questioned how Amrapali Group could mortgage the entire projects and secure loan worth thousands of crores of rupees from banks when it was only an agent to develop the property.
Tax rules that could land you in trouble
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
Getting US citizenship will in no way affect your right of being able to own or hold the agricultural land in India.
At least 50,000 units of new residential property are set to come up over the next three years
Their number is dwindling, but single-screens believe they have a place in the entertainment space
CEOs expect to finish the ongoing March quarter with positive growth as the corporates get back to work in full strength.
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
Ambrose D'Mello, the Independent candidate from Bengaluru South, has been on maun vrat for 15 years. He does not own a house, does not wear footwear and sells books to earn a living.
The Villa, owned by United Breweries Holding, was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010
Customers need to weigh whether they will be better off selling their mutual fund holdings or taking a loan against it.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
The Supreme Court on Friday reserved its order on interim bail plea of Sahara Chief Subrata Roy who pleaded to the court to show 'raham' (mercy) and allow him to come out of jail to sell off his properties to deposit Rs 10,000 crore (Rs 100 billion) with SEBI as directed to get regular bail.
The total wealth of top 100 real estate barons accounted for Rs 2.37 trillion ($32.7 billion) in 2018, up 27 per cent against 2017's cumulative wealth of Rs 1.87 trillion ($28.6 billion).
The proportion in which a joint home loan is taken is important.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
The 25-seater aircraft is interspersed with plush sofas, a cushioned bed, bars, showers and a bathrobe
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Cakes, brownies and cookies -- you name it and this MasterChef India Season 6 contestant can make it, and make it healthy.
Every financial plan needs to be tweaked periodically.
Gold monetisation scheme will help unlock value of gold.
The company releases documentary showing top executives of dozens of realty firms offering to launder black money.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
Sahara cousel Kapil Sibal said he was preparing an application.
Lawyers said that assets are being sold and the group is depositing the money with Sebi.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries
A dedicated jazz club is just what Kolkata needed to get things going. And Skinny Mo's has announced its arrival to the enthusiastic city.
A bench headed by Justice T S Thakur asked Delhi government to issue notification by August 4 for converting the conference room into jail which can be used by Roy and two jailed directors of Sahara for 10 working days from 06:00 AM to 08:00 PM for holding negotiations with prospective buyers of hotels in New York and London.
About 90% of divorce cases end as a fight about alimony.
Mohandas Pai took part in an hour-long chat on rediff.com
'The entire explanation of the episode is difficult to digest.'
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
These consistent performers are expected to maintain momentum.
Meet Sam Zell or the 'Grave Dancer' who made billions using his business acumen.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
Raghavendra Kamath reports on what ails India's real estate sector.
The abolition of wealth tax is again a welcome step.
