What is truth about the real number of projects being stalled and the belief that prices of realty will definitely fall in the post-Covid era ?
The problems that the real estate sector is facing are its own creation
The coronavirus outbreak may lead to cash flow management issues in ongoing projects where a fall in collections may lead to a drop off in construction
The petitioner, Deepak Maratha, had challenged the amendment to the section 115 BBE IT Act 1961, introduced post-demonetisation, which levied the penalty on undisclosed income from previous 30 per cent to 60 percent.
The indicator in the Economic Survey 2019-20 stated that industries in the state in fiscal 2015-16 had a total number of 19.70 lakh employees.
Desai, in a written reply to a question raised by Congress MLC Anant Gadgil, said that in 2017-18, a total of 317 factories in the state closed down, resulting in job loss for 14,787 people.
The recalibration exercise is unlikely to create much problems for the customers because this process has been going on for a while now.
When Modi announced a sudden ban on 500 and 1,000 rupee bills on November 8, 2016 to weed out undeclared cash, clients thronged the store of one Mumbai-based jeweller, clamouring for necklaces, rings, bullion “anything gold.
Despite various steps taken by RBI and the government, bank credit growth is still weak
Addressing students at the Shri Ram College of Commerce here, the former finance minister also said that the country was heading towards another "listless" year in terms of economic growth.
After all, the economy is hurting real bad. And to understand the reasons behind the pain, it is essential to understand why farms matter
The move to scrap the old Rs 500 and Rs 1,000 notes was announced by Prime Minister Narendra Modi on November 8, 2016.
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Mumbai is the only city that has not yet shown any signs of recovery, according to an analysis by a property consultant.
Primary sales market in Tier 1 cities offers limited scope for 'black' money transactions; Tier 2 and 3 cities present a different picture
He took a jibe at the ruling BJP over the demonetisation while taking part in the birthday celebrations of a baby who was born when his mother was standing in a long queue outside a bank to get her old currency changed, days after the note ban came into effect on November 8, 2016.
The government had pitched the move as part of a broader strategy to clamp down on India's bustling parallel economy where deals take place in cash.
Using digital methods for payments was a compulsion after demo, but has now become a habit for many
"No matter how much the Modi government may try and evade responsibility for this ludicrous and short-sighted measure, the nation and its people will ensure that they are held accountable," Gandhi said in a statement.
The saffron party was quick to hit back, claiming that the global financial crisis had a cascading effect on India's economy and demonetisation had no role in it.
Three years ago, on this day, Prime Minister Narendra Modi made the stock announcement of banning the use of old 500 and 1,000 rupee notes with a view to curb black money, promote digital payments and make the country a less-cash economy.
On November 8, 2016, Prime Minister Narendra Modi announced to the nation that Rs 500 and Rs 1,000 currency notes would cease to be a legal tender.
Consolidation is unavoidable in India's payments space. Smaller firms like MobiKwik will struggle because India’s digital payments business is still dominated by cashback offers.
According to the latest survey by industry bodies FICCI and NAREDCO, and property consultant Knight Frank, the Current Sentiment Index of real estate stakeholders in India has plummeted to 42 in the July-September quarter from 47 and 62 in the preceding two quarters.
That the Central Bank has halted the printing of high value bank notes was conveyed by the Reserve Bank of India (RBI) in a response to an RTI query.