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.
The Bombay High Court, on April 27, 2016, rejected a Maharashtra Government plea, seeking to implement a policy to regularise illegal structures across the state, which have come up prior to December 31, 2015. … READ FULL STORY
The GMR Group-operated Rajiv Gandhi International Airport is awaiting regulatory nod, to begin the second phase of expansion of the terminal, which has already reached its capacity of 12 million passengers. “We expect the … READ FULL STORY
Having cut the interest rates, RBI governor Raghuram Rajan has now put the onus on real estate developers, asking them to reduce prices to encourage more people to buy properties. Rajan’s remarks also come … READ FULL STORY
The Maharashtra cabinet, on April 11, 2016, gave its okay for the City Industrial Development Corporation (CIDCO) to issue a Request for Proposal, for the proposed Navi Mumbai International Airport. Replying to a debate … READ FULL STORY
Leading banks SBI and ICICI, on April 7, 2016, cut their home loan rates by 0.1%, to 9.4%, following the implementation of a new interest rate calculation regime mandated by the RBI. The lending … READ FULL STORY
The Reserve Bank of India (RBI) on April 5, 2016, cut the key interest rate by 0.25% and introduced a host of measures to smoothen liquidity supply, so that banks can lend to the … READ FULL STORY
Buying and developing properties in Mumbai and the rest of Maharashtra is set to become costlier, as the government on March 31, 2016, announced an increase in ready reckoner (RR) rates by an average … READ FULL STORY
First-time home buyers, from April 1, 2016, will get additional tax benefit for purchase of residential properties of value up to Rs 50 lakh. The government’s proposal, which comes into force in the new … READ FULL STORY
Seeking to ease business and make its policies more accessible to the common man, the Delhi Development Authority (DDA) on March 30, 2016, announced that it has come up with a set of frequently … READ FULL STORY
To improve ease of doing business, the government on March 30, 2016, announced revised building bye-laws for Delhi, which envisages single-window clearance and payment system, along with approval of building plans within 30 days. … READ FULL STORY
The AAP government in Delhi on March 28, proposed to a build a first-of-its-kind skywalk from the Qutub Minar Metro Station, to the iconic minaret in the financial year 2016-17. “A skywalk way from … READ FULL STORY
In a first, the central government came out with rules today (on March 29, 2016) to manage construction and demolition waste, by prohibiting its dumping on roadsides and drains. The move is aimed at … READ FULL STORY
The residential property segment in India, is expected to receive investments worth USD 1 billion this year, given its attractive rate of returns, which average 20%-22% per annum, an industry expert said. “Private Equity … READ FULL STORY
