CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
The total provisioning for non-performing assets rose to Rs 3,428.59 crore (Rs 34.28 billion) during the December quarter, up from Rs 2,766.18 crore (Rs 27.66 billion) in the corresponding period last fiscal, SBI said in a filing on the BSE.
Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.
Genuine investments identified so far is Rs.1.08 cr out of around Rs 24,000 cr.
Robust foreign capital inflows into upbeat domestic equity markets on the back of better macro fundamentals helped the rupee to gain
The prime minister's gifts to the temple are estimated to cost Rs 4.09 crores!
Essel Group, Reliance Jio, Fortis and 17 others on Thursday signed initial pacts to invest over Rs 39,000 crore (Rs 390 billion) in Uttar Pradesh, with Chief Minister Akhilesh Yadav promising the investors all possible support.
Through Wi-Fi, mobile phone users will be able to access Internet.
Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.
The finance minister said the economy had been slowing.
The stakes are high and it is not certain that slow-moving foreign office bureaucracies can measure up to the challenges being thrown up, says Hardeep S Puri.
Shopclues, the latest unicorn, was at the bottom of the sector loss pie.
Around 7 billion units of coal power valued at Rs 2,400 crore lost due to drought.
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
The Yamaha R3 balances good design, performance and comfort while losing out on razor sharp handling, but all of it comes at a rather steep price, says Indian motoring website MotorBeam.
Markets ended higher for the second straight session mainly on the back of upbeat corporate earnings.
The income tax (IT) department seems to have quietly thrown a spanner in the works on the Securities and Exchange board of India (Sebi)'s two-year-long efforts to implement the Supreme Court order against the two Sahara group firms Sahara India Real Estate Corporation (SIRECL) and Sahara Housing Invest Corporation (SHICL).
During the quarter, revenue from cigarettes increased 10.17 per cent to Rs 4,639.17 crore.
The good news for the group has come from the port business.
The growth rate could continue for another seven years.
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
The FMCG index gained more than 1% on the back of stellar gains in ITC.
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
The CBI has shared its findings with the Enforcement Directorate.
Companies making larger profits are now paying a lower rate of effective tax because of concessions
This week, as the I-T department scanned the deposits, reality hit them: Only a minuscule percentage of the Jan Dhan accounts had been used for money laundering.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
The Election Commission has a fight on its hand as candidates use ingenious methods to smuggle in money to Voters.
'We have vindicated Krittika's honour, Indian diplomats' honour, and India's honour in the United States,' her attorney Ravi Batra said, announcing a $225,000 settlement won from New York City.
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.
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