Budget disappointment: Real estate sector says it needs three fixes

Budget disappointment: Real estate sector says it needs three fixes

Budget 2018 brought little cheer for the real estate sector, struggling with a credibility crisis, the impact of demonetisation, regulatory reforms, and low interest, overall. There was little in the Budget that could stimulate demand. Anuj Puri, Chairman of ANAROCK Property Consultants,...
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Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as non-performing assets by the RBI. The Reserve Bank has directed...
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Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as non-performing assets by the RBI. The Reserve Bank has directed...
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Banking services hit as employees of public sector banks go on strike

Banking services hit as employees of public sector banks go on strike

Normal banking operations have been hit as public sector bank employees went on a one-day nationwide strike on Tuesday to protest against the government’s proposed consolidation move, besides raising other demands. Services like deposits and withdrawal at b...
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Rs 6,000 cr worth of subsidy for handloom sector: Minister

Rs 6,000 cr worth of subsidy for handloom sector: Minister

Subsidy worth Rs 6,000 crore has been allocated for the handloom sector, which does not fall under the purview of the GST regime, the Rajya Sabha was informed on Friday. Replying to questions, Minister of State for Textiles Ajay Tamta said...
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Real estate sector has to meet people’s expectations: UP CM

Real estate sector has to meet people’s expectations: UP CM

Lucknow, Jul 23 () Uttar Pradesh Chief Minister Yogi Adityanath today told businessmen that it was imperative to win the trust of the people and said the real estate sector was facing the “challenge” of meeting their expectations. “Trust ...
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