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The Reserve Bank’s decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants. Welcoming the RBI policy, CREDAI President Harshvardhan Patodia said, the “RBI’s accommodative stance on keeping the repo and reverse repo rate [...]

Critical congenital heart defects (CCHD) are the most common congenital malformations and account for up to 10 percent of infant deaths each year. Universal screening with pulse oximetry screening has been recommended for more than a decade. The updated 2018 American Academy of Pediatrics (AAP) algorithm recommends testing in the (pre-ductal) right upper extremity and [...]

Afghanistan’s Taliban authorities said Sunday that women seeking to travel long distances should not be offered road transport unless they are accompanied by a close male relative. The guidance issued by the Ministry for the Promotion of Virtue and Prevention of Vice drew condemnation from rights activists and called on vehicle owners to refuse rides to women [...]

Apple supplier Foxconn Technology Group today said it is restructuring its local management team, after the recent mass food-poisoning incident at Tamil Nadu’s Sriperumbudur factory’s offsite dormitory facility. An Apple spokesperson said Foxconn’s Sriperumbudur facility is placed on probation. In a statement today, Foxconn said that all employees will continue to be paid while necessary [...]

A Delhi court Wednesday sought response from the government and Association of Victims of Uphaar Tragedy (AVUT) on appeals challenging 7-year jail terms awarded to real estate barons Sushil and Gopal Ansal for tampering with evidence in the 1997 case of Uphaar cinema fire which had claimed 59 lives. Additional Sessions Judge Anil Antil issued [...]

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Brian Nguyen says he “unexpectedly woke up” on Friday to see that he’d lost nearly $470,000 he had invested in a crypto project, he tells CNBC Make It. It’s “pretty painful,” Nguyen says. Nguyen admits that he didn’t investigate the project thoroughly prior to investing. “We, in crypto, tend to have a ‘buy first, do research later,’ mentality,” [...]

With residential sales on the decline, real estate developers in NCR are sitting on an unsold inventory worth over Rs 77,000 crore, a study has said. Housing sales declined 38 percent in Noida during the third quarter year-on-year while sales numbers fell by 6 percent in Gurguram. In terms of launches, Gurugram witnessed a YoY [...]

Repco does not have a very large exposure to commercial loans. But in general, you have to identify the importance of this move. How will life change for a commercial real estate lender? First of all, we have zero exposure to commercial real estate but this move is definitely positive. One, it changes the mood [...]

Shares of Indiabulls Real Estate Ltd (IBREL) on Monday climbed 5 per cent after the company reported nearly fourfold jump in consolidated net profit for the second quarter of the current financial year. The company’s scrip gained 4.04 per cent to close at Rs 76 on the BSE. During the day, it zoomed 4.99 per [...]

GOA: The Income Tax Department carried out a search operation on Thursday covering six premises of two groups involved in the sale-purchase of hotel resorts at Goa. One of the groups covered currently owns a large property at Goa on which a 5-star resort project is being built. The group is engaged primarily in Hotels & Hospitality, real [...]

The Modi government for the last few years has been doing its best to give a boost to the sagging realty market. Real estate is in limbo. Not only now, but for a long time. Probably from the time the economic downturn began in 2008. Anyway when the global financial crisis gripped almost the entire [...]