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No Festive Cheer For Property Developers This Year: Survey
Real Estate

No Festive Cheer For Property Developers This Year: Survey

Saheli 18 Oct 2016 339 Views

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 »

Sebi Imposes Rs 2 Crore Fine On Saradha Realty, Three Others
Real Estate

Sebi Imposes Rs 2 Crore Fine On Saradha Realty, Three Others

Saheli 18 Oct 2016 307 Views

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 »

Education can bring sustainable transformation: Javadekar

Saheli 18 Oct 2016 283 Views

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 »

Get set, study! Indian states to be ranked on educational performance
Education

Get set, study! Indian states to be ranked on educational performance

Saheli 18 Oct 2016 325 Views

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 »

Govt plans to rank states on education
Education

Govt plans to rank states on education

Saheli 18 Oct 2016 294 Views

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 »

RBI to cut rates in early 2017, aided by tame inflation: Reuters poll

Saheli 18 Oct 2016 287 Views

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 »

Sensex, Nifty post best day in nearly 5 months

Saheli 18 Oct 2016 290 Views

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 »

Monetary policy committee eyed growth concerns; took solace in low inflation – minutes

Saheli 18 Oct 2016 316 Views

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 »

Panel gathers to set GST rate

Saheli 18 Oct 2016 292 Views

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 »

Sony enters virtual reality race with PlayStation VR headset
Technology

Sony enters virtual reality race with PlayStation VR headset

Saheli 17 Oct 2016 313 Views

ny Corp will join the race for virtual reality (VR) dominance on Thursday with the $399 PlayStation VR, a headset the Japanese electronics group hopes will beat pricier rivals and revive its reputation as a maker of must-have gadgets. Emerging from years of restructuring, Sony is reshaping itself to focus ... Read More »

Xiaomi offers another big discount on Mi 5, announces Diwali sale
Technology

Xiaomi offers another big discount on Mi 5, announces Diwali sale

Saheli 17 Oct 2016 315 Views

It’s the festive season in India and e-retailers are more ready than anyone else to enjoy it. After Amazon, Flipkart and Snapdeal it’s Xiaomi’s turn to cash in on India’s biggest festival Diwali. Xiaomi is holding a ‘Diwali with Mi’ festival on its official India website and the smartphone app. ... Read More »

Jio 4G speed is down big time, confirms Speedtest app maker
Technology

Jio 4G speed is down big time, confirms Speedtest app maker

Saheli 17 Oct 2016 298 Views

When someone promises 4G speed reaching up to 135Mbps, in an internet-scarce country like India, the market can only go crazy. And so it did after September 5, when Reliance made the Jio SIM available to public under Welcome Offer. The situation has changed in the last one month. Numbers ... Read More »

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