Press Trust of India (PTI), headquartered in New Delhi, is India’s largest news agency. It was registered in 1947 and started operations in 1949. PTI has more than 400 journalists and 500 stringers, who generate more than 2,000 stories and 200 photographs every day. Subscribers to PTI’s feed include the mainstream media, research groups, specialised presses, companies, government organisations and NGOs.
Total bad loans of commercial banks declined by Rs 1.02 lakh crores, to Rs 9.34 lakh crores in the 2018-19 fiscal, on the back of steps taken by the government, finance minister Nirmala Sitharaman … READ FULL STORY
In a bid to make funds available to the Lucknow and Ghaziabad civic bodies, the Uttar Pradesh government, on July 15, 2019, gave its nod to float municipal bonds. The decision was taken at … READ FULL STORY
The Union Housing and Urban Affairs Ministry has put the draft of ‘The Model Tenancy Act 2019‘ in public, for consultation. Reacting to the development, Swapan Dutta, director (east) of property consultant Knight Frank, … READ FULL STORY
The Aam Aadmi Party government has decided to grant ownership rights to around 7,200 families that got agricultural land in the mid-70s, under a programme for landless people. Under the ’20-point programme’, launched during … READ FULL STORY
The Madras High Court, on July 12, 2019, dismissed a petition filed by the Tamil Nadu government, challenging the Rs 100-crore penalty imposed on the state by the National Green Tribunal (NGT), for not … READ FULL STORY
Additional solicitor general Madhvi Diwan, on July 11, 2019, informed the Supreme Court that the centre was working on a uniform proposal, to address various grievances of aggrieved home buyers and it would be … READ FULL STORY
Religare Enterprises Limited (REL) has entered into a binding term sheet with TCG Advisory Services Private Limited, for the sale of its entire stake in Religare Finvest Limited (RFL), its NBFC arm, along with … READ FULL STORY
The West Bengal assembly, on July 10, 2019, amended an act to enable associations of a housing project to form a federation, to look after the maintenance and management of common areas and facilities … READ FULL STORY
The Supreme Court has dismissed the appeal of the Rail Land Development Authority (RLDA), challenging a Delhi High Court order asking it to pay Rs 1,034 crores to realty firm Parsvnath Ltd, in relation … READ FULL STORY
The Housing and Urban Affairs Ministry’s budgetary provisions were pegged at Rs 48,000 crores in the Union Budget 2019-20, a hike of nearly 12% from 2018-19. The Pradhan Mantri Awas Yojana (Urban), an ambitious … READ FULL STORY
A private player has already won a bid to operate the Thiruvananthapuram international airport but the central government will take a view on the second bidder, the Kerala government, in the coming days, civil … READ FULL STORY
The Brihanmumbai Municipal Corporation (BMC) has set up a team, comprising of experts from IIT Bombay and Veermata Jijabai Technological Institute (VJTI), to probe the wall collapse at Pimpripada in Malad and submit a … READ FULL STORY
At least five under-construction sites, out of total of 287 inspected by the Pune Municipal Corporation (PMC), in the wake of the Kondhwa wall collapse incident, have been found to be unsafe and labourers … READ FULL STORY
