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Budget FY22: Realtors expect subvention scheme, wider definition of affordable housing

Budget FY22: Realtors expect subvention scheme, wider definition of affordable housing

New Delhi: As the housing market revives from the lows hit last year, developers expect more measures in the upcoming budget to boost demand in the real estate sector.A major demand of the developers has been to remove the ban on subvention scheme for home loans.The National Real Estate Development ...

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Budget: Tough balancing act for govt, says Report

Budget: Tough balancing act for govt, says Report

New Delhi: The Budget 2021-22 may see the trade-off to become more acute between stimulating growth, and maintaining fiscal rectitude, Kotak Institutional Equities said in a pre-budget note.The Covid-19 pandemic disruptions has pushed down the country GDP growth into the negative zone in two success...

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'Higher allocation needed for power distribution infra in Budget FY22'

'Higher allocation needed for power distribution infra in Budget FY22'

New Delhi: The Centre needs to come up with higher budgetary allocation for power distribution infrastructure in the upcoming Union Budget, sector stakeholders and experts said.ICRA has recommended higher budgetary allocation to strengthen the power distribution infrastructure and improve the financ...

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2020 capital markets in retrospect

2020 capital markets in retrospect

New Delhi: The year 2020 was not just another year but much more than that. It was actually a number of years rolled into one. Towards the end of the first quarter in mid-March, the breakout of the pandemic covid-19 impacted all walks of life across the globe in many ways and virtually brought the w...

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After Diwali: Gold misses fireworks, tumbles by 1000

After Diwali: Gold misses fireworks, tumbles by 1000

Mumbai: Gold rates across the country tumbled by a margin of Rs 1,000 as of Tuesday.  According to data from Sify.com that tracks rates across India and Gulf, major associations and jewellers quoted a lower opening rate for Tuesday.  On an average, gold rates for 24 Karat or bullion was re...

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Make Hybrid Cloud Storage Work For You

Make Hybrid Cloud Storage Work For You

Use of hybrid cloud is growing and will continue to grow in 2021. Hybrid cloud storage architecture improves operating model efficiencies, and reduces costs for enterprises.Our weekly round-up includes the best practices for optimal hybrid cloud management, and our pick of news and analysis on Enter...

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LVB in Moratorium: Administrator reveals 5 vital signs

LVB in Moratorium: Administrator reveals 5 vital signs

The 94 year old Lakshmi Vilas Bank which had been operating without a CEO since Sept'20 (section of investors ousted RBI appointed interim MD & CEO S Sundar) has been admitted to the Moratorium ward. While the 30 day moratorium commenced from Tuesday, Nov 17, bank employees were clueless un...

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Pfizer proposes, bullion market disposes, Gold on free-fall

Pfizer proposes, bullion market disposes,  Gold on free-fall

Gold markets are staring at the prospects of a record tumble after Pharmaceutical major Pfizer Inc reported of its latest finding - a Covid vaccine that is 90 percent effective.  While current US President Donald Trump and bourses across US and Europe showed optimism, news of an effective vacci...

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Hope is around, Pfizer reports Covid-19 vaccine with 90 percent effectiveness

Hope is around, Pfizer reports Covid-19 vaccine with 90 percent effectiveness

Pfizer said Monday that an early peek at the data on its coronavirus vaccine suggests the shots may be a robust 90% effective at preventing COVID-19, putting the company on track to apply later this month for emergency-use approval from the Food and Drug Administration.The announcement, less than a ...

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GST collections expected to be 30% lower at Rs 9L cr in FY21

GST collections expected to be 30% lower at Rs 9L cr in FY21

New Delhi: Government facing severe pressure on revenues due to the Covid disruptions may end the current financial year with a 30 per cent drop in Goods and Service Tax (GST) collections.This would be a big setback to the Centre that is already burdened with adequately compensating the states for G...

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