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January 19, 2022
Any new tax like wealth tax or others at this point could do more harm than good, SBI Research has cautioned ahead of the Union Budget to be tabled in the Parliament on February 1.
August 14, 2021
The Supreme Court has initiated the process to cancel the bookings of over 9,500 Amrapali project flats, which are unclaimed or booked in the name of fictitious persons or are benami property, to fund stalled projects.
June 6, 2021
In an exclusive interview with India Today Group Editorial Director Raj Chengappa and Business Today Editor Rajeev Dubey, Union Finance Minister Nirmala Sitharaman said the scale and intensity of the second wave are sharply different from the first one
June 6, 2021
In an exclusive interview with Business Today, FM Sitharaman stated that the middle-class as well as businesses, have been given relief from time to time
June 5, 2021
ISSUE DATE: June 14, 2021 UPDATED: June 5, 2021 13:44 IST Union Finance Minister Nirmala Sitharaman; Photo by Bandeep Singh Q . How does it feel being the finance minister when all the major economic indices, including the GDP, are down? Don’t you feel depressed looking at the numbers? I take it as a big challenge that calls for a lot of focus and attention to make sure that we are able to, every now and then, come up with steps that will help people. I don’t want to say numbers do not worr...
May 17, 2021
How GoIs gamechanging SWAMIH fund for stalled housing actually works on the ground SECTIONS Last Updated: May 17, 2021, 11:29 PM IST Share Synopsis It is an innovative financing structure that must be replicated across several capital-intensive industries. Innovative financing is, indeed, the need of the hour. However, the biggest yardstick to measure success of the scheme will be in providing homes to middle-class families, which had their household wealth stuck over the last several years. SW...
May 14, 2021
‘Stalled hsg projects fund to benefit 1.2L homebuyers’ Top Searches ‘Stalled hsg projects fund to benefit 1.2L homebuyers’ PTI / May 14, 2021, 07:10 IST FacebookTwitterLinkedinEMail NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund will benefit 1.16 lakh home loan borrowers, whose housing projects were stalled due to last-mile funding issues. Many real estate projects across the country were stalled d...
May 14, 2021
Highlights SWAMIH completes its first residential project. The residential project - Rivali Park in Mumbai. New Delhi: Finance Minister Nirmala Sitharaman on Thursday said the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund will benefit 1.16 lakh home loan borrowers whose housing projects were stalled due to last mile funding issues. The FM has handed over possession to homebuyers virtually as government’s Special Window for Affordable & Mid-Income Housing (SWAMIH) complete...
May 14, 2021
A rebound in US stocks following a three-day rout and easing of US bond yields and inflationary concerns may give domestic stocks a positive start on Friday. Upbeat sentiment in other Asian markets, and back home, data showing an improvement in factory output and fall in retail inflation may help stocks log gains. Heres breaking down the pre-market actions: STATE OF THE MARKETS Nifty futures on the Singapore Exchange traded 172.5 points, or 1.19 per cent, higher at 14,680, signaling that Dalal ...
May 14, 2021
A dull day for jewellers. PTI reports: "Akshaya Tritiya, a highly auspicious day to purchase gold, has started on a sombre note and jewellers are expecting only 10-15 per cent sales as the onset of the COVID-19 second wave, local restrictions and partial lockdowns have affected consumer sentiment. "As most of the states are under lockdown to curb the infections there is almost no business activity. The day of Akshaya Tritiya has begun on a slow note and whatever booking or enquiries are happeni...