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2 mins read

As PMAY receives a massive boost in Budget 2024, how can you sign up for the affordable housing scheme?

The Union Budget 2024 significantly increased funds for PMAY, targeting affordable housing for econ…

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2 mins read

Budget 2024-25: Govt announces transit-oriented development plan for large cities

The government on Tuesday proposed a transit-oriented development plan for 14 large cities with a p…

PTI   


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3 mins read

Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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3 mins read

Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars

India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…

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5 mins read

The odds of no interest-rate cuts in 2024 are growing

In today's big story, we're looking at the chances of there being no rate cuts this year, and how t…

Dan DeFrancesco   


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3 mins read

Cabinet okays Rs 75K cr rooftop solar scheme, 1 cr households to get subsidy of up to Rs 78K

The Prime Minister launched the scheme on 13th February 2024. The scheme provides a cent…

PTI   


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2 mins read

Bill Ackman says the US economy faces a real risk of a 'hard landing' if the Fed doesn't cut interest rates soon

The Federal Reserve has raised interest rates 11 times since March 2022 to cool soaring inflation.

Huileng Tan   


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2 mins read

The US economy is facing a triple threat of soaring debt, rising interest rates, and protectionist industrial policy, research firm says

US debt levels are soaring, interest rates are rising, and international trade is becoming more res…

Jennifer Sor   


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3 mins read

Indian government is softening the inflation blow with export bans, duty cuts and subsidies

The CPI inflation touched an eight-year high in April, at 7.79%. The rising inflation will not come…

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3 mins read

Home loans growing at a faster rate in Tier 3 and 4 districts, thanks to WFH: SBI report

A new report by SBI has revealed that thanks to WFH’s popularity, Indians are increasingly obtainin…

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4 mins read

The most interesting part of China's stimulus announcement was the omission of a key phrase that ignited the 2020 crackdown on the real-estate sector

President Xi Jinping famously said "Houses are for living in and not for speculation" in October 20…

Huileng Tan   


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1 min read

RBI extends interest subsidy scheme for exporters till March 31, 2021

"The exporters have to borrow for longer period and therefore reduction in interest rate by 5 per …

PTI   


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2 mins read

The European Central Bank just raised interest rates by 75 basis points for its second jumbo hike in a row

The eurozone's central bank on Thursday again raised interest rates by the biggest level in its his…

George Glover   


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Billionaire investor Bill Ackman warns the Fed will struggle to crush inflation - and higher long-term interest rates could hit stocks

The Pershing Square chief expects greater onshoring, higher global wages, and a costly shift to ren…

Theron Mohamed   


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2 mins read

UK inflation unexpectedly cools in September - but analysts say it's the 'lull before the storm'

UK inflation slowed in September largely due to a measurement quirk, economists said. It's expected…

Harry Robertson   


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1 min read

The G7 is looking to cap Russian oil prices by December as China and India show interest in minimizing import costs, report says

For the G7's price cap to be effective, top buyers of Russian oil must be onboard as well.

Brian Evans   


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2 mins read

JPMorgan CEO blasts tax breaks for race cars and private jets - and says the write-offs need to stop

Dimon, CEO of the US' largest bank by assets, said the hundreds of tax breaks for things like priva…

Tim Levin   


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2 mins read

What is the eligibility for Pradhan Mantri Awas Yojana scheme?

The main objective of the PMAY scheme is to make housing loan affordable to all. The value of th…

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2 mins read

Explained: The cost of giving India's farmers cash instead of subsidies

The estimate follows media reports that the government has also decided against another series…

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2 mins read

India’s largest bank bats for the government’s proposed cash handouts to farmers but says they must be unconditional

The annual cost of the cash transfer programme, excluding implementation costs, is pegged at ₹…