India’s economy is set for a $1.3 trillion bonanza from 60 million new homes

Prime minister Narendra Modi’s ambitious plan to build homes for all Indians by 2022 could spark an economic revolution worth $1.3 trillion, which is a little more than Mexico’s GDP.

Between 2018 and 2024, some 60 million new homes are set to be built, mostly under the government’s affordable housing programme, as Asia’s third-largest economy looks to upgrade its people’s quality of life.

‘I don’t bowl with the intention of taking wickets’: Bhuvneshwar Kumar, IPL 2017’s Purple Cap holder

The 27-year-old spoke about his tremendous form at the IPL this year where he has taken 23 wickets in 12 matches.

Come each year, the Indian Premier League throws in a slew of players’ names to keep track of. These players range from the most established names in the sport to the relative novices, who not only wade through the fervour and flavour of the IPL, but also seek to make the tournament their own.

Bras with metal hooks, dark pants banned? CBSE dress code for medical test aspirants is ambiguous

It bans metallic objects. But does that justify making an exam-taker take off her bra because it has a metal hook?

“Is it possible for me to hide an electronic device on the tiny metal hook of my underwear. Should women invigilators be aware of this?” This was the question raised by a girl who was forced to take off her bra before appearing for the National Eligibility-cum-Entrance Test – a highly competitive examination for admission to medical and dental colleges for the undergraduate MBBS and BDS courses – in Kerala’s Kannur district, recently.

Farmers in Telangana’s tur belt don’t know whether they should grow the pulse this year

Constant swing in prices of the dal and tardy implementation of the government’s procurement mechanism have made life tough for farmers. 

Husnabad and Kadangal are just 110 km from the cyber city of Hyderabad. In the last week of March, it was a beginning of a long dry spell, with temperatures hovering around the 40-degree Celsius mark. The Kharif season of 2016 had ended. The villages wore a lazy look. Given the perennial water scarcity in the region, most of the fields were dry. Nothing could be cultivated after the autumn harvest except for a few patches where summer paddy was visible, thanks to some irrigation from private bore wells.

Is the U.S. Stock Market Headed Higher — or for a Crash?

A groundswell of concern is building on Wall Street that the U.S. stock market is in dangerously high territory. 

This week, the Nasdaq Composite hit a new high as the Dow Jones Industrial Average and S&P 500 remained in record territory — and they are up 28%, 18% and 16% respectively from a year ago. Meanwhile, the S&P 500 is trading at 25 times trailing 12-month earnings compared with a historical average of 16. The value of the stock market is nearly 150% higher than the nation’s GDP, a level last seen around the dot-com bust in 2000, according to the World Bank. And a BofA Merrill Lynch survey showed that 81% of fund managers think U.S. stocks are overvalued. 

Telangana, Andhra Pradesh Reel Under Heatwave, But Petty Politics Takes Centrestage

As the mercury soared to a new 10-year record of 43 degrees Celsius in Hyderabad recently – a heatwave for the third consecutive year — the demand for spicy buttermilk or masala majiga too soared. This product of Heritage, a unit owned by Andhra Pradesh Chief Minister N Chandrababu Naidu, notched an all-time high business of nearly 12 lakh sachets being sold by 17 April. It also kicked off a political satire on social media that summer did not take note of bifurcation of state and that it did not differentiate between people of Telangana and Andhra.

RERA Myths Busted: No Big Relief For Stuck Home Buyers, House Prices Won't Rise

The dust has finally settled on RERA or the Real Estate Regulation & Development Act. From Monday (1 May 2017) it comes into force across India, and the day will be remembered as a special day for home buyers who have been committing the largest chunk of their life savings to an industry which has been free for all.

A press release from the Housing Ministry stated how this day marks the end of a 9-year-long wait; and for the first time 76,000 companies engaged in building and construction activities across the country will become accountable for quality and delivery. Union Minister for Housing Venkaiah Naidu in his tweets called it the beginning of a new era making buyer the king, while the developers benefit from the confidence of a King in the regulated environment.