The GST Council had given the option to real estate companies to either opt for old rates of 12% (for residential) and 8 per cent (affordable housing) with ITC benefits or the new tax rates of 5% for residential units and 1% for affordable housing without the benefit of adjusting the credit on inputs used during construction.
Bharti Airtel was the top loser in the Sensex pack, dropping 4.34 per cent, followed by PowerGrid (2.26 per cent), Sun Pharma (1.75 per cent), M&M (1.67 per cent) and TCS (1.60 per cent).
The IPL franchises may have turned him down but Team India's Test specialist Hanuma Vihari is all set to prepare for the six-match Test series in England later this year by competing for English county side Warwickshire.
The Indian Premier League Governing Council will take a decision on the three unsold Indian players, including former captain Sourav Ganguly, at its meeting in Mumbai, on Friday.
Punjab Kings, who had paid Rs 10.75 crore for Maxwell in the previous auction, had released the 32-year-old following the 2020 edition in which he made 108 runs in 13 games at 15.42.
CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales in the past five years, after Q1, 2017, when the decline, due to the note ban, was 37 per cent.
Earlier on Saturday, former India spinner Murali Kartik expressed anger over Manoj's fate at IPL Players Auction.
Vihari, who had kept his base price at Rs 50 lakh, found himself in the unsold bracket.
New Zealand fast bowler Mitchell McClenaghan was named as the replacement for the injured Jason Behrendorff by Mumbai Indians for the upcoming 11th edition of the Indian Premier League.
Modi, after delivering his sixth straight address to the nation on Independence Day from the ramparts of the Red Fort in New Delhi, went into a brainstorming session with Sitharaman and all top officials in her ministry, sources privy to the development said. T
Uttar Pradesh left-arm spinner Saurabh Kumar is the only new face in the 18-member Indian squad for the three-Test series against Sri Lanka.
The world's fastest-growing wine market for the past five years, has come crashing down.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
Budget has proposed an additional deduction of Rs 1.5 lakh for interest paid on loans borrowed up to end-March, 2020 for purchase of an affordable house, valued up to 45 lakh.
Weak absorption and rising inventories in the residential market in Mumbai may lead to price correction in the early part of 2014, real estate consultancy firm Knight Frank said.
Indian opener K L Rahul hit pay dirt with a Rs 11 crore deal with Kings XI Punjab, while controversial England all-rounder Ben Stokes also triggered a bidding war before going to Rajasthan Royals for Rs 12.50 crore at the IPL auctions, in Bengaluru, on Saturday.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
The average housing prices declined by 2-7 per cent year-on-year during July-September in Delhi-NCR, Mumbai, Chennai, Pune, Kolkata, and Ahmedabad on lower demand amid COVID-19 pandemic, according to Knight Frank India. Prices, however, increased in Bengaluru and Hyderabad by 3 per cent and 4 per cent, respectively, during July-September 2020 compared with the year-ago period. Chennai saw the maximum fall of 7 per cent, followed by Delhi-NCR and Pune at 5 per cent. Rates dipped 3 per cent each in Kolkata and Ahmedabad, while Mumbai witnessed 2 per cent price correction.
It is learnt that the defence ministry is refusing to let go of its 100 MHz spectrum, which was allotted earlier. In that case, the department of telecommunications (DoT) will be left with only 175 MW of 5G spectrum of the total 300 MHz.
The prices of unsold homes in Mumbai run into crores of rupees.
Dhoni has led CSK in 155 matches and won 97 while losing 57.
Housing sales are estimated to rise 93 per cent year-on-year during April-June across seven major cities, but may fall 58 per cent compared to the previous quarter due to the adverse impact of the second wave of COVID-19, according to property consultant Anarock. Sales are likely to be around 24,570 units across seven major cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune, Anarock said. Sales of residential properties stood at 12,740 units in April-June 2020 and 58,290 units in March quarter 2021.
He might have gone unsold at the players' auction this year but retired Australian pacer Brett Lee has said he remains a huge fan of the Indian Premier League and the Twenty20 event could throw up the elusive fast-bowling talent that India desperately needs.
Two entities under the Union ministry of commerce report differing figures for import of cut and polished diamonds for the first eight months of the financial year.
Housing sales across seven major cities are estimated to fall 47 per cent year-on-year to 1.38 lakh units this year on lower demand because of the COVID-19 pandemic, according to property consultant Anarock. New housing supply, too, is likely to fall 46 per cent to 1.28 lakh units in 2020 in seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad, Chennai and Kolkata.
Five Indian players to watch in the Test series against Australia, which begins in Adelaide on December 17:
A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.
The sector has been going through a slowdown.
About 25-30% of total units launched are unsold across country.
Morgan said they have a good bench strength this season to deal with the challenges of injury and illness.
Sunrisers Hyderabad on Saturday named England batsman Alex Hales as the replacement for David Warner for the upcoming 11th edition of the Indian Premier League, starting next month.
Mumbai Indians paid Rs one crore for Yuvraj Singh in a last-minute buy and franchise owner Akash Ambai called it their biggest steal in the tournament's 11-year-old history.
He was included as a replacement for Murali Vijay, who was ruled out of the tournament with injury.
England batter Liam Livingstone fetched a staggering Rs 11.50 crore deal from Punjab Kings, who also roped in West Indies fast bowler Odean Smith, for Rs 6 crore, on Sunday, Day 2 of the TATA Indian Premier League 2022 Player Auction, in Bengaluru.
Pathan was part of the inaugural T20 World Cup-winning side in 2007 and also the one that triumphed in the 2011 ODI World Cup at home.
The Archaeological Survey of India (ASI) which opened its monuments and museums on July 6 has capped visitor entry at every site from 1,000-2,500 per slot -- 9 am to 12 pm and 12 pm to 6 pm, officials said. Tickets to visit these places can be booked online.
The shoulder injury that the 35-year-old had suffered in Perth against Australia in 2016 kept him out of action for two years.
'Just keep telling people that we have fixed the Muslims, and they will not be bothered about their empty stomachs or empty wallets.'
Rising Pune SuperGiants, on Thursday, called South Africa spinner Imran Tahir as replacement for injured Australian all-rounder Mitchell Marsh ahead of IPL-10.
The company sold 1,97,685 units of Dzire in 2013-14 fiscal.
