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Top News In நடுவில் வருமானம் வீட்டுவசதி நிதி Today - Breaking & Trending Today

Nifty today: SGX Nifty up 170 points; here's what changed for market while you were sleeping

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.
Here s 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 Street was headed for a positive start on Friday.
Tech view: Nifty resistance at 15,000-15,050
Nifty on Wednesday fell below the 14,700 level, and in the process breached a few crucial supports, including the 50-day moving average. The index ended up forming a Bearish Belt Hold pattern, which suggested bear domination over the bulls. Analysts said the next support for the index lies in the 14,620-14,600 range. They continue to see resistance for the index in the 15,000-1 ....

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Special Window for Affordable & Mid-Income Housing (SWAMIH): Finance Minister Hands Over Houses To Buyers Of 1st Project

The residential project - 'Rivali Park', situated in suburban Mumbai, was the first housing project in the country to have received funding under the government's SWAMIH Fund. ....

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Finance Minister hands over first batch of 640 houses funded under special window

Finance Minister hands over first batch of 640 houses funded under special window
May 13, 2021
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Over 12,600 flats will be completed in coming year under the scheme for stalled projects
Over 640 home buyers, under a Central-government funded affordable and middle income housing scheme, took delivery of their houses on Thursday.
Over the next one year over 12,600 flats will be handed over under the scheme, Special Window for Affordable & Mid-Income Housing Fund , a last mile funding facility sponsored by the Central Government. It has supported over 26 projects all over the country
On Thursday, Finance Minister Nirmala Sitharaman virtually handed over the keys to the 640 home buyers under the first project funded under the special window. The project Rivali Park in Mumbai got around funding of ₹120 crore and completed the project in one year. ....

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Union Budget 2021: infrastructure sector to get significant push

The infrastructure sector is expected to get a significant push as it is pivotal to put the economy back on a growth trajectory.
In the last budget, the government had launched National Infrastructure Pipeline (NIP) that envisaged completing 7,300 projects valued at Rs 111 lakh crore by 2025. However, raising Rs 20 lakh crore every year for these projects will be an enormously challenging exercise.
Analysts expect finance minister Nirmala Sitharaman to announce a development finance institution (DFI) to fund infrastructure projects in segments such as housing and construction that will have high multiplier effects and a major employment generator.
The institution is expected to be created by merging some existing financial institutions to meet the long-term needs of new, stalled, and work-in-progress projects. ....

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Three point-agenda for the upcoming Budget - The Hindu BusinessLine

Three point-agenda for the upcoming Budget
Emphasis will likely be on healthcare and livelihood-creating sectors such as infrastructure and housing
The Union Budget 2021-22 will be one of the most anticipated events in recent history. As the dust is settling after the torrid health catastrophe that affected millions and which has threatened to leave a permanent emotional scar, we are finally seeing the light at the end of the tunnel. India has had a faster than expected economic recovery and a low fatality rate from Covid-19. The distribution of the vaccines has also commenced.
The policies that will be introduced in the upcoming Budget are expected to set the tone for what steps the government takes next, and how quickly India is able to shrug off the crisis. The priority of the government will likely be measures on policies which will lead to sustained growth, boost consumption and encourage private investments. The Budget emphasis will probably lay on healthcare an ....

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