NEWS

SC relief for Unitech buyers, funding concerns linger
The recent Supreme Court (SC) order providing relief to buyers of Unitech homes has brought a glimmer of hope, but concerns about funding remain preva...
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Nagpur sees 50% property tax default
Nearly half of the property owners in Nagpur have defaulted on their property tax payments, signalling a significant challenge for local authorities. ...
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RBI data: Home loan outstanding surges by Rs. 10 trillion in 2 years
Recent data released by the Reserve Bank of India (RBI) indicates a remarkable surge in the outstanding amount of home loans, amounting to an increase...
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Noida Authority's challenge: Recovering Rs. 80 Bn dues
The Noida Authority is facing significant hurdles in recovering dues amounting to Rs. 80 billion, posing a formidable challenge to its financial stabi...
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India to be fastest-growing economy among G-20 nations in 2024
Three agencies, Goldman Sachs, S&P, Morgan Stanley and Moody's, have revised India's growth projections upwards. S&P revised India's g...
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NHAI Rejects Ludhiana MC's Highway Ad Proposal
The National Highways Authority of India (NHAI) has rebuffed Ludhiana Municipal Corporation's proposal to install advertisements on highway pillars. T...
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India's first Bullet Train set will run in 2026,says Railways Minister
Ashwini Vaishnaw, Union Railways and IT Minister said that significant progress has been made in construction of various stations for India's first bu...
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New method to measure highway construction may be introduced
A new method to measure highway construction may be introduced in India. The government is looking to modify its measuring method from ‘road km’ t...
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MoRTH looks at record Rs.600 billion from monetisation in FY25
The Union Ministry of Road Transport and Highways (MoRTH) is looking to raise a record Rs.600 billion from monetisation in the current fiscal. While t...
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Lavasa creditors invoke DPIL's guarantee
Creditors to Lavasa Corp invoked the Rs.250 million performance bank guarantee (PGB) by Darwin Platform Infrastructure (DPIL), citing non-complianc...
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