Private lender Bandhan Bank on Friday, 19 June, announced that it has revised upward the interest rates offered on Foreign Currency Non-Resident (Bank), or FCNR(B), deposits for non-resident Indian (NRI)…
Author: Admin
EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim
Most EPF members know about the retirement savings benefits of the scheme, but many are unaware that EPF membership also comes with an insurance benefit at no additional cost. Eligible…
Why investing in Indian equities may be a bad idea for NRIs and how GIFT City can fix it
For decades, non-resident Indians (NRIs) have believed that investing in the Indian stock market was the natural way to participate in the country’s growth story and build long-term wealth. Reserve…
Can a developer scrap a real estate project and seek MahaRERA deregistration due to financial difficulties?
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has permitted the deregistration of a stalled housing project in Pune after finding that all homebuyers had either been refunded or had their…
Can a tenant recover ₹10,000 spent on an air conditioner in a rented flat from the landlord?
A Mumbai tenant has sought advice on Reddit after his landlord proposed increasing the monthly rent from ₹48,000 to ₹55,000, declined to assure a lease renewal and asked him to…
Target expands Bengaluru footprint, leases 8.31 lakh sq ft in ₹1,250-crore commercial real estate deal
US retailer Target’s India arm, Target Corporation India Private Limited, has expanded its footprint in Bengaluru by leasing 8.31 lakh sq ft of office space at Embassy Manyata Business Park,…
New cities, expressways and zones for environment rules: NCR Regional Plan 2041 explained
After a delay of nearly five years, the development plan was cleared for approval on Tuesday, setting the direction for how 55,000sqkm of area across Delhi and three states will…
Puravankara acquires 9.73-acre land parcel in North Bengaluru with a revenue potential of ₹800 crore
Bengaluru-based Puravankara Limited has acquired a 9.73-acre land parcel at Sanna Ammanikere in North Bengaluru’s airport corridor to develop a housing project with an estimated revenue potential of ₹800 crore.…
Gold, silver rates today: Comex gold and silver fall for second day as US Fed rate hike bets boost dollar
Precious metals extended their decline for a second consecutive session on Friday, 19 June, as expectations of a potential interest rate hike by the US Federal Reserve boosted the dollar.…
BSE launches India’s first Saatvik Index to promote value-based investing
BSE Index Services Pvt. Ltd., a wholly owned subsidiary of , on Friday announced the launch of India’s first Saatvik Index, the BSE Saatvik 100. The index is derived from…