Rs 25,000 crore fund should help ease realty distress, lift stocks

Rs 25,000 crore fund should help ease realty distress, lift stocks

In a long-awaited booster package for the realty sector, the government on Wednesday announced the setting up of a Rs 25,000 crore alternative investment fund (AIF), aimed at providing relief to developers with unfinished projects to ensure delivery of homes to buyers....
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Is Rs 1 crore enough to retire? Here are 3 investment plans to make savings last during retirement

Is Rs 1 crore enough to retire? Here are 3 investment plans to make savings last during retirement

One of the biggest challenges that retirees face is how to make their retirement savings last a lifetime. Even if one has saved diligently throughout one’s working life and accumulated a sizeable nest egg, it may not be able to...
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81 lakh homes sanctioned under PMAY (Urban); investment of Rs 5 lakh crore: Hardeep Puri

81 lakh homes sanctioned under PMAY (Urban); investment of Rs 5 lakh crore: Hardeep Puri

Around Rs 5 lakh crore will be invested to build more than 81 lakh houses under the Pradhan Mantri Awas Yojana (Urban), Housing and Urban Affairs Minister Hardeep Puri said. He added that the handover of the one crore houses sanctioned...
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LIC posts profit of Rs 26,147.52 crore in financial year 2017-18

LIC posts profit of Rs 26,147.52 crore in financial year 2017-18

State-owned Life Insurance Corporation of India (LIC) has reported a growth of 29 per cent in its net profit at Rs 26,147.52 crore in FY18, said Shiv Pratap Shukla, Union Minister of State for Finance, in Lok Sabha today. Shukla,...
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Maharashtra Cabinet Approves Rs. 150 Crore Relief For Onion Farmers

Maharashtra Cabinet Approves Rs. 150 Crore Relief For Onion Farmers

The compensation will cover a total of 75 lakh metric tons of onions (Representational) Mumbai:  The Maharashtra cabinet has approved Rs. 150 crore as relief to onion farmers who had to sell their produce at low prices. According to Maharashtra’s...
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Motilal Oswal Real Estate sells Shriram Properties stake for ₹125 crore

Motilal Oswal Real Estate, the realty-focused private equity arm of financial services conglomerate Motilal Oswal, on Monday said it has sold its investment in Shriram Properties, a Bengaluru-based developer, for ₹125 crore. The investor exited from Shriram ...
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