May 30, 2023: The Delhi High Court on May 29, 2023, dismissed a petition that challenged separate notifications by the RBI and SBI through which the two lenders allowed exchange of Rs 2,000 bank … READ FULL STORY
In an attempt to rid India’s economy of black money, benami transactions and corruption, Prime Minister Narendra Modi on the evening of November 8, 2016, announced demonetisation – a move that banned high-value currency … READ FULL STORY
Demonetisation led to the detection of black money, an increase in tax collection and the widening of tax base, Union minister of state for finance Pankaj Chaudhary told the Rajya Sabha in a written … READ FULL STORY
Isn’t it ironic that in a country where housing shortage is at the core of policy debates, housing surplus in India’s top cities is keeping builders on the tenterhooks? As a matter of fact, … READ FULL STORY
In a world where the word ‘disruption’ had come to be associated with new technology-enabled businesses that upended the existing status-quo of legacy brick-and-mortar business models, 2021 disrupted life itself. Businesses, the country, the … READ FULL STORY
The Karnataka state assembly, on September 20, 2021, passed an amendment to the Stamp Act, 1957, under which the state has reduced the stamp duty on properties priced between Rs 35 lakhs and Rs … READ FULL STORY
As Maharashtra enters a ‘semi-lockdown’ situation, amid record-high Coronavirus infections nationwide, the construction sector is also facing an impact. Developers are once again dependent on virtual marketing efforts and serious home buyers are keen … READ FULL STORY
The market has welcomed the host of announcements in Budget 2021 that are being seen as a measure to revive the economy. From health to infrastructure, finance minister Nirmala Sitharaman’s third Budget speech tackled … READ FULL STORY
While economists and analysts are unanimous in their opinion that the recovery of the real estate sector is inevitable, what is being debated, is the time that it would take, for things would get … READ FULL STORY
In Indian culture and tradition, especially in terms of ‘muhurats’, Akshaya Tritiya (the third day of the Vaishakha month, as per the Hindu calendar) which falls on April 26 this year, is by far … READ FULL STORY
With the Real Estate (Regulation and Development) Act (RERA) coming into force, as well as various other policy initiatives such as the Benami Transactions Act and the government’s push to affordable housing, we are … READ FULL STORY
Data from the Reserve Bank of India (RBI), released on November 8, 2019, showed that the currency with the public grew 15.2% to Rs 21.59 lakh crores, as of the fortnight to October 25, … READ FULL STORY
Despite a slew of measures to arrest the slump, by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand, a latest survey by Knight Frank, FICCI and NAREDCO, … READ FULL STORY
