The parents of Squadron Leader Abhimanyu Rai, an IAF pilot who died in a trainer jet crash in December 2023, have expressed their anguish over being ignored for entitlements and honours that were given to their daughter-in-law. They believe the government policy should be revised to include parents of martyred soldiers. Group Captain Amitabh Rai (retd) and his wife Chitralekha, the bereaved parents, say they have received no condolences from the government despite losing their only son. They argue that the current policy unfairly favors the martyr's wife, often leading to neglect of the parents. The Rais claim their son's death is not being recognized as a "battle casualty" and therefore he is not being treated as a martyr. They also raise concerns about the pressure on IAF trainers to complete training programs successfully, even when cadets are not prepared, potentially endangering both the trainer and the cadet.
IT and ITeS companies accounted for $28.1 billion of the total investment pie during the first nine months of 2021.
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.
No major deals above the value of USD 300 million happened last month, causing the decline from January, which registered deals worth USD 3.5 billion, according to a report released by consultancy firm EY on Wednesday.
Experts say a lot of new wealth is being generated by promoters selling their stake.
Indian property markets are not in the pink of health.
Banks are not allowed to lend to developers for purchasing land parcels.
Not only does yoga help beat stress, it also helps them stay agile physically and mentally, say CEOs.
Locations such as Chembur, Ghatkopar, Navi Mumbai and Andheri will be the future growth centres.
Gurgaon and Mumbai, the richest cities in Haryana and Maharashtra, respectively, have always been the preferred markets for investors. Most parts of these cities are beyond the reach for those looking for affordable homes.
HFCs and banks expect a drop in demand for housing loans in the short-term.
Returns on capital harder to sustain as debt levels rise; responsibility for this invariably of firms themselves
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
Bengaluru's average home prices are Rs 4,000 a sq ft.
Nine American and Israeli victims of the 2008 Mumbai attacks have demanded a compensation of $688 million (around Rs 4,233 crore) from the Pakistan-based perpetrators of the terror assault, including Jammat-ud-Dawah chief Hafiz Saeed.
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
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