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B & C

Government push needed for affordable housing: expert

Real estate experts say that the reason for the increase in illegal colonies is that the majority of buyers are totally priced out of the formal housing market controlled by private developers and people are forced to buy houses in illegal colonies.   The prospect of the comparatively low cost of plots, payment in instalments and the fact that construction …

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No direct benefits from Budget proposals, say real estate players

Participants of the real estate industry felt that, Budget 2020-21 did not deliver as per expectations. Here are some views: “The Budget 2020 had very few measures for the real estate sector which is one of the major contributors to India’s GDP. Apart from the personal income tax relief and few sops for affordable homes, there were pressing concerns that …

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BMW brings Andy Warhol’s Art Car to India

For automobile enthusiasts who consider cars as work of art, the BMW Art Car by Andy Warhol, the great American pop artist is on display at India Art Fair, New Delhi. The 1979 Art Car painted by Warhol is being exclusively exhibited from January 31 to  February 2 2020. After Alexander Calder, Frank Stella and Roy Lichtenstein, Andy Warhol created …

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Maruti Eeco is now BS6 compliant

Maruti Suzuki India launched the BS6 variant of its best-selling multi-purpose van Eeco.  This is the ninth BS6 offering from the company ahead of the government stipulated timeline. In 2019, Eeco wholesales crossed one lakh units for the first time, reflecting growth of 36 per cent over 2018 wholesales. Eeco has established a strong foothold with its excellent mileage, best-in-segment …

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End of the road for Bullet Classic 500

It is curtain call for the Bullet Classic 500 as the legendary bike is being pulled out from the market. Eicher Motors announced the end of production of the 500cc single-cylinder, long-stroke motorcycle recently. The company said that, retail sales will discontinue in India from March 31, 2020. However the motorcycle will continue to be available in international markets. Further …

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Sweet taste of Goan jaggery

Even though the world is fast moving forward towards globalization and modernization, there are pockets where the old way of life continues and no complaints about it. The remote, interiors of Goa is where some of the past lifestyle can be seen. Residents from villages in the hinterland especially from the tribal community are still continuing with making sugarcane jaggery …

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Doubling of farmers’ income not an easy task, says ICAR-Goa ex-director

NP Singh the former director of ICAR- CCARI, Goa, had interesting observations to make on the government’s ambitious plan of doubling farmers income by 2022, reports Shoma Patnaik “Doubling of farmers income by 2022 is easy to say but likely to be difficult to achieve,” according to NP Singh, the former Goa director of ICAR- Central Coastal Agricultural Research Institute …

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Merger of PSU banks: Benefits and potential pitfalls

By Kumar Prashant On August 30, 2019, the Finance Minister, Nirmala Sitharaman, announced a merger of the country’s top public sector banks. Post consolidation, there will be 12 PSBs left over from the erstwhile 27. The mergers are of Punjab National Bank, Oriental Bank of Commerce and United Bank. Further Canara Bank and Syndicate Bank will be merged, Union Bank, …

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India surpasses US in smartphone market

Indian smartphone market surpassed the US for the first time on an annual level with shipment of 158 million units in 2019, according to Counterpoint Research. With this India has become the second largest smartphone market globally, Counterpoint said in a statement. Smartphone shipment grew seven per cent in 2019 over the previous year, it added. ‘This is due to …

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Rice exports fall sharply as exporters worry over delayed payments

Reluctance among traders to ship premium basmati rice to Iran as US sanctions hobble its ability to pay has contributed to a sharp drop in overall exports for India, the world’s biggest supplier of the grain.   According to trade sources, rice shipments slipped by more than a quarter to 5.5 million tonnes between April and November 2019, the first …

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