Mortgage lender HDFC on Wednesday said it has approved the highest ever retail home loans of over Rs 2 lakh crore in 2021-22. The demand for these loans was from across the country, HDFC said in a statement. HDFC managing director Renu Sud Karnad said, "In over four and half decades, I have not seen a better time for the housing sector than now due to lower interest rates, stable property prices, government's thrust on affordable housing, improved affordability, favourable demographics, increasing urbanisation and rising aspirations." The residential real estate segment will continue to see strong traction going forward, as the demand for housing is not just pent up demand but is a structural one, she said.
'Mumbai's corroding infrastructure, Delhi's pollution, Bangalore's rain water drainage, Kolkata's electricity -- these are all real and serious life threatening situations.'
They just wanted their angst noticed, and as a symbol of recognition, Jallikattu, restored without the annual ritual of court cases and adjournments, explains N Sathya Moorthy.
'The general elections in May 2024 may not have any impact on the Census.'
'The problem is that all this reconstruction work is being monitored by the prime minister himself with inputs being provided directly by the PMO so nobody in the state government dare contradict them even if their suggestions are totally contrary to what the ecology of this region requires.'
Asserting that the self reliant India programme will help revive the global economy, Prime Minister Narendra Modi on Thursday told global business community that his government aims to transform the country through access, inclusion and empowerment while also ensuring complete data security. Addressing the World Economic Forum's online Davos Agenda Summit, where he also interacted with global business leaders, Modi also said India offers a predictable and friendly environment from tax regime to FDI norms. He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed.
'Last year, India exported more software than Saudi Arabia exported oil.' 'Last year India got $83 billion of private equity.' '50 percent of India's FDI has come in the last five years.'
The Prime Minister's Office has said that these innovations will herald a new era of travelling comfort and enhanced mobility.
'An earthquake of a slightly higher magnitude in the Western Himalayan region is going to be catastrophic -- not just because of the fragility of the region but because of how densely we have occupied it.'
India's gig workforce is expected to expand to 2.35 crore by 2029-30 from 77 lakh in 2020-21, a NITI Aayog report said on Monday, and recommended extending social security measures for such workers and their families in partnership mode as envisaged in Code on Social Security. The report titled 'India's Booming Gig and Platform Economy' further said gig workers are expected to form 6.7 per cent of the non-agricultural workforce or 4.1 per cent of the total livelihood in India by 2029-30. Gig workers can be broadly classified into platform and non-platform workers.
Consumption of gold is the highest among middle-income households - those with annual income between Rs 2 lakh and Rs 10 lakh - who account for an average of 56 per cent of gold sales over the last five years, according to a nationwide survey conducted by India Gold Policy Centre (IGPC) at the Indian Institute of Management, Ahmedabad (IIM-A). "Per capita consumption is highest among the rich, but total volume still rests with the middle-income group. "With increasing income, there is an increasing propensity to consume gold, although the share of gold in the portfolio does not increase with the same proportion of income," the survey report says.
'If you can simplify the technology, you don't need a doctor or a highly qualified technician to work on the technology; even an Asha health worker or a similar front line health worker can use it with minimal training.'
Knight Frank and Royal Institute of Chartered Surveyors in their report said that 10 million homes will be delivered by 2022 as targeted by the government.
'Then select those that are well-aligned with your risk-return profile and investment time horizon.'
'The biggest problem that faces the Opposition in Gujarat is just a day or two before voting is scheduled, Modiji goes on a spree of emotional appeals.' 'That process has been set in motion much earlier this time in Gujarat.'
Gandhi called for the need to reconsider the country's economic policy as the one that encouraged industrialisation and urbanisation, causing "huge population unsettlement" and forcing farmers to migrate to the cities in large numbers, only spurred the COVID-19 pandemic.
'The margin of victory or loss would make both camps rethink their strategies for the 2024 assembly election in Maharashtra.'
That AAP managed a sizeable vote share in Gujarat is creditable. The BJP can no longer ignore AAP's growing presence in its strongest bastion, explains Ramesh Menon, long-time observer of Gujarat politics.
The ease with which city-level master plans are altered and land-use patterns changed without considering carrying capacities or the overall environmental footprint of urbanisation in different states has already created water and air pollution crises in several emerging and existing cities.
'Due to the huge unemployment among displaced Adivasis they undertake any job that comes their way even if it means working and living in hazardous conditions.' 'The situation is such that out of every five tribals who migrate in search of employment only three come back alive.'
India, the world's fourth largest economy with 1.2 billion people, has steadily emerged as one of the most preferred destinations for global business.
As some BJP pollsters concede, the Modi leadership's sweeping success in elections 2019, especially across central India, owed not to Hindutva ideology, but to welfare schemes, all of them borrowed from Tamil Nadu, reveals N Sathiya Moorthy.
What India needs is not costly, brand new cities but a revamping of urban institutional structures and policies.
'The BJP's problem is what rabbit can it pull out of the conjurer's hat?'
'They (my parents) have no inkling that people across the country know me now.' 'Recently, a fan turned up at my parents' home with gifts for them and my annoyed father called to ask me why I had sent him.'
Kerala will be one of those places where the line between tourism, a land, a people and their way of life will blur. It won't be tourism; it will be a visit to experience Kerala.
Disaster in Uttarakhand, Himachal Pradesh can be blamed on myopic industrialisation, urbanisation and tourism policies.
The minister further cited that the IMF's global growth forecasts of 3.4% in 2016 and 3.6% in 2017 were still very strong.
The major cause of the floods in Mumbai in 2005 and in Chennai in 2015 has been the reclamation of reservoir areas and rapid, unplanned, urbanisation.
The COVID-19 vaccines can be "tweaked" to provide protection against new variants of the virus, All India Institute of Medical Sciences (AIIMS), Delhi, Director Dr Randeep Guleria said.
With growing urbanisation in India, nearly 85 crore people are estimated to live in cities across the country by 2050, a latest report by industry chamber CII and realty consultant Jones Lang LaSalle said.
'Better hygiene practices could lower a person's immunity and make the person susceptible to auto-immune diseases.'
The Uddhav Thackeray-led Maha Vikas Aghadi government in Maharashtra which completes two years in power on November 27 has survived against all odds amid the coronavirus pandemic.
In another milestone for the DMRC, driverless train operations on 59-km Pink Line of the Delhi Metro were flagged off on Thursday.
Vakeel Saab is an out-and-out Pawan Kalyan show, where he makes his point sometimes with a pen and at times with a punch, observes Joginder Tuteja.
The so-called high networth individual portion saw 620x more demand than shares on offer.
Scientists have found that much of the Indus civilisation thrived around an extinct river, challenging ideas about how urbanisation in ancient cultures evolved.
As per the 2011 census, 31 per cent population in the country lives in urban areas.
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
The Land Acquisition Rehabilitation and Resettlement Bill 2011 argues for a perfect land market, unrestrained urbanisation and industrialization, says activist Gopal Krishna.