The story with the real estate sector, post the note-ban, appears grim. On a day when ratings agency Fitch revised down its GDP growth forecast for the financial year ending March 31 (FY17) to 6.9 per cent from 7.4 per cent in the wake of the demonetisation ... The Financial Chronicle, 1 month ago
Sahara, Sharada, Rose Valley - each of these Ponzi schemes has become a household name in India, and for all the wrong reasons. In fact, such schemes have robbed 10 crore Indian depositors of approximately Rs 2 lakh crore of their hard-earned money. And yet, ...catchnews.com, 1 month ago
Bhargavi Zaveri and Radhika Pandey explain how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations. Foreign Exchange Management Act, 1999 or FEMA, the current law governing all foreign exchange transactions with Indian residents, creates artificial distortions between identical economic transactions and allows excessive discretion resulting in ad hoc administration. Two ongoing litigations involving foreign investors underscore this need.Rediff.com, 1 month ago
Effects of the new schemes launched under the Pradhan Mantri Awas Yojana would be felt more in tier II and tier III cities, as not many budget or affordable housing projects are in the works in metropolitan cities. The poor in urban India might stay untouched by the initiatives announced by the prime minister on the last day of 2016. Effects of the new schemes launched under the Pradhan Mantri Awas Yojana would be felt more in tier II and tier III cities, experts said. Not many budget or ...Rediff.com, 1 month ago
CBI has issued summons to two MPs of Trinamool Congress, Sudip Bandyopadhyay and Tapas Paul, in connection with the alleged Rose Valley scam, one of the cases being probed by the investigating agency as part of the umbrella chit fund scams. Both Bandyopadhyay ...Deccan Herald, 1 month ago
Posted by Equitymaster Global Markets took a cautious stance before Italy's referendum on constitutional reform on Sunday and the US payrolls data later on Friday, which may cement the case for a Federal Reserve rate increase. Strong economic data from the ...Equitymaster.com, 2 months ago
on your WebpageAdd Widget >Get your members hooked!