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Indian economy

MahaRERA to allow only skilled labor at construction sites

MahaRERA to allow only skilled labor at construction sites
NASHIK: MahaRERA will now permit particularly skillful labor at construction sites to assure quality construction and further restrict accidents. The laborers also hold to advantage from insurance coverage for their family affiliates. The MahaRERA has previously begun incorporating laborers organizations on its locality and also assuring the workers do not miss their payments for the day. “Providing [...] Continue Reading »

Economic returns shrinking on agricultural use

Economic returns shrinking on agricultural use
India finds itself in a piquant situation. While its population, and with it the number of poor, is growing, its cultivable land is not only shrinking, more worryingly, the economic returns of the agricultural use are diminishing vis-a-vis non-agricultural use. The situation may not be alarming right now, but if it continues, India will soon [...] Continue Reading »

New job creation to push the Indian Economy: Crisil Report

New job creation to push the Indian Economy: Crisil Report
The credit rating agency Crisil today came up with a data which will bring a lot of cheer to the working youth and unemployed youth of the nation. The new government has undertaken some measures to generate employment and a comprehensive ‘pro-jobs policy’ will help to add 69 million non-agriculture and 11 million manufacturing jobs by [...] Continue Reading »

“The Silk Road Discovered” takes about coming of Chinese FDI into India and more

“The Silk Road Discovered” takes about coming of Chinese FDI into India and more
A book states, that the Chinese FDI coming into India, can touch the USD 30 billion by 2025. The book named “The Silk Road Discovered” states that it is very much possible that within 2025, the stock of Chinese FDI into India could be around USD 30 billion, and if clustered Chinese industries come to [...] Continue Reading »

Increase in Dividend Distribution Tax

Increase in Dividend Distribution Tax
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »

Slow Indian Economy Best Time to Invest in Real Estate

Slow Indian Economy Best Time to Invest in Real Estate
Real estate investment experts across the country are of the opinion that the best time to invest in property is when the economy is going slow, and the market is down. For example, the lull in the Indian economy preceding the election of the new majority government in India was the best time to invest [...] Continue Reading »

Dependence on banks for infra project finance costly

Dependence on banks for infra project finance costly
Impacting the finances of banks and infrastructure developers, infrastructure development, which should have been funded by the corporate bond market, was done through banks. Krishnan said at a CII event on corporate bond market, “From the first three pillars, the corporate bond market will develop high-grade instruments, whereas the fourth pillar would provide stability to [...] Continue Reading »

Chairman of Sobha Developers wins Entrepreneur of yr award

Chairman of Sobha Developers wins Entrepreneur of yr award
Chairman of leading real estate player Sobha Developers Limited, Ravi Menon, has been honoured with the prestigious ‘EY Entrepreneur of the Year Award 2013′ in energy, real estate and infrastructure category, making him one of the youngest recipients of this award. Menon was recognised, from over a total of 350 nominations, for creating world class assets working [...] Continue Reading »

Government’s concern towards real estate creates hope

Government’s concern towards real estate creates hope
New Delhi-  The developers all over the country are expecting an industry status as well as favourable policies in the realty sector in the year 2013. However, in the year 2012, the government had initiated  few favourable real estate regulations which benefited the real estate sector.Owing to this, the year 2013 can have the execution of the former year [...] Continue Reading »

Unregulated real estate hurting Mumbai

Unregulated real estate hurting Mumbai
Mumbai’s economy has been hurt by an unregulated, hyper inflated and speculative real estate, which in turn would have its effect on the country’s economy. The astronomical property prices are driving new businesses and expansion of existing ones away to other cities. The cost of acquisition of a facility to run business is very high [...] Continue Reading »



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