New Delhi: Real estate developers across the country are unlikely to witness higher sales this festive season even as the Reserve Bank of India (RBI) has slashed the interest rate by 0.25 per cent, according to the findings of a survey. “Buried under high debt and inability of developers to complete and hand over ... Read More »
New Delhi: In the high-profile Saradha Realty case, the Securities and Exchange Board of India (Sebi) on Friday imposed a fine of Rs 2 crore on the company, its chief Sudipta Sen and two directors for failing to comply with its earlier directions to wind up illicit money-pooling schemes and refund the investors. Saradha ... Read More »
Union HRD Minister Prakash Javadekar today said the answer to country’s sustainable transformation lies in its education system, as he underscored how India was once prosperous in the past due to universities like Nalanda, Takshila and Vikramshila. “I always say India had 25 per cent of the world GDP and ... Read More »
Soon, the government will rank all Indian states on the basis of their performance in education. The ranking parameters will include quality of school infrastructure, learning and research outcomes, innovation and much more. The whole idea behind this is to introduce a spirit of competition among states and push them ... Read More »
New Delhi: The government plans to rank states on the basis of their performance in education—from the quality of their school infrastructure to learning outcomes. The idea is to instill a spirit of competition among states and get them to improve the quality of education that their students receive, two ... Read More »
The Reserve Bank of India is expected to take advantage of expectations that inflation will remain low in the near-term and cut interest rates again early next year with an aim to boost already-solid growth a little bit more, a Reuters poll found. New RBI Governor Urjit Patel and his ... Read More »
Indian shares gained most in nearly five months on Tuesday, bouncing back from the previous session’s multi-month lows, led by financial stocks such as ICICI Bank, while companies including Zee Entertainment Enterprises Ltd and Tata Steel Ltd rose on short-covering. The benchmark Sensex closed up 1.89 percent at 28,050.88, while ... Read More »
The minutes of the Indian central bank’s maiden monetary policy committee (MPC) meeting, released on Tuesday, showed that broad concerns over economic growth and relief from the pullback in inflation, spurred the bank’s recent rate cut decision. The minutes from the 2-day meeting on October 3-4, which saw all six ... Read More »
Finance ministry and state finance ministry officials gathered in New Delhi on Tuesday for a three-day meeting that will seek to finalise the main rate of the Goods and Services Tax and pave the way for its introduction next April. The long-delayed tax, which would transform Asia’s third-largest economy into ... Read More »
