Surging cost of construction likely to push up real estate prices

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…

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

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…

Equities start week on positive note; Sensex up 231 pts

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…

Indian equities extend losses; Sensex down over 300 pts

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…

SpiceJet launches 7 new flights under UDAN including Gorakhpur-Varanasi

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…

IndiGo to launch 100 domestic flights from Sunday onwards

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,…

Corporate tax reduction helped economy: FM

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

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.

Petrol, diesel prices raised again

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,…

Flybig to acquire 10 Twin Otter aircraft

Hyderabad (IANS) Flybig, India's newest scheduled commuter airline, on Thursday announced that it will acquire 10 Twin Otter Series 400 aircraft from De Havilland Canada.

The airline signed a Letter of Intent with De Havilland on the sidelines…