Financing
The growth in the output of eight core sector industries – with a combined weight of 38 percent in the Index of Industrial Production (IIP) – slowed to 2.7 percent in July from 5.3 percent in the same month last year. The data released by the ministry of commerce on Monday showed the slower pace [...] Continue Reading »
USD 275 million loan will be provided by Asia Development Bank to five states for improving rural road connectivity. The five states are Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal. Finance Ministry informed that the loan agreement has been signed. The loan is actually a part of Rural Connectivity Investment Programme, the total of [...] Continue Reading »
The higher costs of construction and financing are showing signs of residential property rates increase in Indian cities. Property developers across the country have decided to gear up the property prices hit by slow sales, expensive financing and high interest rate regime. The Mumbai real estate industry experts say that they have managed to enhance [...] Continue Reading »
