An independent real estate expert, Hyderabad has surpassed Mumbai Metropolitan Region as the second most expensive housing market after the increase in average prices
In the fourth quarter of 2021, housing prices in Hyderabad increased by 7%. According to PropTiger, an independent real estate expert, Hyderabad has surpassed Mumbai Metropolitan Region as the second most expensive housing market after the increase in average prices. The jump in building...
Logix Insolvent? NCLT initiates insolvency proceedings against Logix City Developers
On May 2, the National Company Law Appellate Tribunal halted the National Company Law Tribunal's (NCLT) judgement initiating insolvency proceedings against Logix City Developers Private Limited. Homebuyers of Logix Blossom Zest, a project in Noida, filed an appeal against the NCLT judgement. The NCLAT...
Your EMIs are set to go up; why has RBI suddenly raised Repo rate by 40 bps?
Reserve Bank of India Governor Shaktikanta Das' unscheduled 15-minute statement today was nothing short of a (thunder)bolt from the blue. And like all thunder, it foretells stormy weather ahead.
First, even at 10 am when the RBI announced that the governor would deliver a statement...
PayTm Money is Bringing The LIC IPO to Retail Outlets
Paytm was the catalyst for India's Digital Revolution. You can recharge your phone, pay your bills, book flights and movie tickets, start a savings account, invest in stocks and mutual funds, and much more. We went on to become India's most popular payment app....
Economy to require till 2035 to overcome Covid misfortunes: RBI
India is likely to take another 13 years to overcome the losses incurred due to the Covid pandemic that hit the country in March 2020, says a Reserve Bank of India (RBI) report.
Taking the actual growth rate of (-) 6.6 percent for 2020-21, 8.9...
LinkedIn’s Data Appeal is Dismissed
The United States Court of Appeals for the Ninth Circuit has ruled against Microsoft-owned social network LinkedIn in its dispute with hiQ Labs over its right to prevent third parties from scraping publicly available data, the scope of data use legislation, and the potential...
Here’s how cybercriminals attack DeFi platforms, from faulty programmes to flash loan attacks
In 2022, cybercriminals made a significant splash, stealing $1.3 billion from cryptocurrency companies, exchanges, and, in particular, Decentralised Finance or DeFi entities. According to a new analysis by data analytics firm Chainalysis, DeFi protocols were responsible for nearly 97 percent of all cryptocurrency stolen...
ELCA Cosmetics Private Limited and Nykaa, The Famous Beauty Retailers
Nykaa is an Indian e-commerce startup based in Mumbai and started by Falguni Nayar in 2012. It provides beauty, wellness, and fashion products online, on mobile apps, and in 84 physical locations. It was the first unicorn business in India to be led by...
Delhi–Mumbai Industrial Corridor Project
The Delhi–Mumbai Industrial Corridor Project (DMIC) is a planned industrial development project connecting India's capital, Delhi, with Mumbai, the country's financial hub and main port city. The DMIC project was begun in December 2006, following the signing of an MOU between the governments of...
Govt Sets December 2024 Deadline For Chardham Road Connectivity
The Ministry has launched a separate connection improvement scheme for Uttarakhand's Char-Dham (Kedarnath, Badrinath, Yamunothri, and Gangothri). 40 civil works totaling Rs. 9474 crore (including cost of pre-construction works totaling Rs. 491 crore) in a length of 673 km have been sanctioned under the...
