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Pranab Mukherjee

In land deal, Swamy hands over records on Vadra link

In land deal, Swamy hands over records on Vadra link
President Pranab Mukherjee has received an application written by Subramanian Swamy, Bharatiya Janata Party leader , in quest of a CBI investigation into the declassification of Keventer Dairy Ltd.Its a land near Rashtrapati Bhavan for building apartments, supposedly benefiting the real estate company DLF.He has attached a document which proves that in at least one [...] Continue Reading »

60 percent land still lying empty under UPA’s SEZ Scheme

60 percent land still lying empty under UPA’s SEZ Scheme
An analyst says that the UPA government’s special economic zone (SEZ) scheme whose aim is to create infrastructure to facilitate exports appears to have failed. More than 60 percent of the total land under the SEZs is vacant years after the scheme launched in 2006. Till now the government has notified 389 SEZs. As per [...] Continue Reading »

Cabinet shortly to discuss over raising limit of housing loans

Cabinet shortly to discuss over raising limit of housing loans
The central government is considering to raise the limit of housing loans eligible at interest of one per cent to Rs 15 lakh from the current Rs 10 lakh. The proposal is likely to be discussed in the Union Cabinet this week. The move aims towards activating real estate growth as a major contributor for [...] Continue Reading »

Sensex soars over 100 points – Realty stocks up

Sensex soars over 100 points – Realty stocks up
The Sensex climbed over 100 points in early trade on Monday.  Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee have planned to soon unveil measures to improve market conditions. The Nifty touched a high of 5,188.95 and a low of 5,158.45 today while the Sensex touched a high of 17,116.67 and a low of [...] Continue Reading »



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