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Surging cost of construction likely to push up real estate prices

Surging cost of construction likely to push up real estate prices

29-03-2022  comments

New Delhi (IANS) Over the last one year, developers' average cost of construction has risen 10-12 per cent, owing to higher input cost due to supply-side constraints. This surge in cost comes at a time when developers have been under pressure…

ICRA cuts India's FY23 GDP growth forecast to 7.2%

ICRA cuts India's FY23 GDP growth forecast to 7.2%

29-03-2022  comments

New Delhi (IANS) Ratings agency ICRA has lowered India's FY23 GDP growth forecast to 7.2 per cent from an earlier projection of 8 per cent.

Besides, the rating agency projected GDP expansion in FY22 at 8.5 per cent, which is modestly lower…

Indian equities extend losses; Sensex down over 300 pts

Indian equities extend losses; Sensex down over 300 pts

28-03-2022  comments

New Delhi (IANS) India's key equity indices -- Sensex and Nifty -- extended their losses from the previous week to trade lower in early trade on Monday.

At 9.54 a.m., Sensex was 0.6 per cent or 318 points down at 57,044 points, whereas…

Equities start week on positive note; Sensex up 231 pts

Equities start week on positive note; Sensex up 231 pts

28-03-2022  comments

New Delhi (IANS) Paring its opening session losses, India's key equity indices -- Sensex and Nifty -- settled higher on Monday.

Sensex gained 0.4 per cent or 231 points at 57,593 points, whereas Nifty settled at 17,222 points, up by 0.4…

Begin releasing sanctioned funds for stalled Amrapali projects from Tuesday, SC to banks

Begin releasing sanctioned funds for stalled Amrapali projects from Tuesday, SC to banks

28-03-2022  comments

New Delhi (IANS) The Supreme Court on Monday directed the consortium of seven banks to begin disbursing the funds sanctioned for construction of the stalled Amrapali housing projects to the top court-appointed receiver by Tuesday, in order to ensure…

IndiGo to launch 100 domestic flights from Sunday onwards

IndiGo to launch 100 domestic flights from Sunday onwards

27-03-2022  comments

New Delhi (IANS) Airline major IndiGo will launch 100 flights connecting key domestic metro cities and regional centres, starting from March 27, 2022.

Accordingly, the airline will introduce flights on 20 exclusive routes effective March 27,…

SpiceJet launches 7 new flights under UDAN including Gorakhpur-Varanasi

SpiceJet launches 7 new flights under UDAN including Gorakhpur-Varanasi

27-03-2022  comments

New Delhi (IANS) Under the regional connectivity scheme UDAN, SpiceJet on Sunday launched seven flights.

The airline launched the Gorakhpur-Varanasi flight, which was inaugurated by Union Minister of Civil Aviation Jyotiraditya Scindia and…

Petrol, diesel prices raised again

Petrol, diesel prices raised again

26-03-2022  comments

New Delhi (IANS) State-owned oil marketing companies (OMC) on Saturday raised petrol and diesel prices for the fourth time this week.

These prices were revised for the very first time on Tuesday, March 22, after a gap of more than four months.

Corporate tax reduction helped economy: FM

Corporate tax reduction helped economy: FM

26-03-2022  comments

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Friday said that corporate tax reduction has helped the economy.

Replying to the debate on the Finance Bill, the minister told the Lok Sabha that corporate tax collections stood at Rs…

Petrol, diesel prices raised again

Petrol, diesel prices raised again

25-03-2022  comments

New Delhi (IANS) State-owned oil marketing companies (OMC) on Friday raised petrol and diesel prices for the third time this week.

These prices were revised for the very first time on Tuesday after a gap of more than four months.

Accordingly,…

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