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B & C

GTDC restarts exciting river rafting on the Mhadei

With the arrival of monsoons, GTDC is resumed its river rafting trips on the Mhadei.   The rafts ride along the waves of the gushing Mhadei river amidst the spectacular jungle scenery of the Mhadei wildlife sanctuary! Two white water rafting trips are held each day with the first trip starting at 9.30 am and the second at 2.30 pm. Each …

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Consultative workshop to boost Primary Agricultural Credit Societies

To gauge the health of Primary Agricultural Credit Societies (PACS) in the state, NABARD organized a state level consultative workshop at Ponda on June 28. Around 19 PACs participated in the programme inaugurated by Kamakshi Pai, general manager, NABARD, Goa. Pai urged the PACS to have a good working relationship with Goa State Cooperative Bank (GSCB) so that borrowing farmer members …

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Make my Trip cannot escape Consumer Protection Act, says State Commission

By Adv. Jatin Ramaiya The Goa State Consumer Disputes Redressal Commission, rejected a appeal filed by travel portal, Make My Trip (India) against an order passed by the North Goa District Forum, and held the portal liable to pay compensation to Pradip Kakodkar and others for providing rooms without air-condition and other facilities as assured. Kakodkar and others had filed …

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Why the monsoons are the best time to invest in property

During the monsoon season a real estate property and its surrounding areas may be quite different from how it is during the rest of the year. Consequently, this season offers prospective home buyers, with the opportunity to glean valuable insights on their intended purchase. Real estate experts advise that home seekers should visit the construction site more than once, before …

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How does the PMAY interest subsidy scheme work for EWS and LIG?

In the Union Budget 2019-20, finance minister Nirmala Sitharaman announced that over 81 lakh houses have been sanctioned, out of which construction has been completed for 26 lakh houses under the PMAY Urban. Similarly, 1.5 crore rural homes have been completed over 5 years under the PMAY-G. In the second phase 1.95 crore houses will be built by 2022. An …

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Boost for EVs in Union Budget

The electric vehicle industry got a major boost in the Budget 19-20 as the finance minister announced that the GST council is asked to consider lowering the current rate on EVs from 12 per cent to 5 per cent. The finance minister, Nirmala Sitaraman said that, the government envisions India as a major hub for manufacturing of electric vehicles and …

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Renault to discontinue diesel models by 2020

Renault will become the second manufacturer in the country to stop selling diesel models from its portfolio after Maruti Suzuki. The company indicated that, it will stop selling diesel cars post the implementation of BS6 emission norms in April 2020. Renault has only one diesel engine in its portfolio – the 1.5-litre K9K diesel engine that’s available in two states …

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Petrol, diesel prices soar post Budget

Post the rise in fuel taxes announced by the government in the 2019 Budget, petrol and diesel prices rose by at least Rs 2.4 and Rs 2.36 a litre respectively across cities. A litre of petrol that cost Rs 70.51 in Delhi was up at Rs 72.96 per litre, while diesel which was previously priced at Rs 64.33 a litre …

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Realty firms outperform other listed real estate companies in revenue, market share, says report

Realty firms included in the Nifty Realty Index are performing better than other listed real estate companies and have posted combined revenue of nearly Rs 33,800 crore in 2018-19, clocking 10 per cent average annual growth since 2013-14, according to property consultant JLL. The aggregate revenues of other listed real estate firms have declined, despite strong financial performance by some …

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Water crisis looming large in India

By DM Deshpande Normally we hear about shortage of water in summer. This is probably the first time when water scarcity is reported in peak rainfall season. Chennai is obviously right there on top in this list. Last week the parched city got some rains. That however, was a case of too little, too late. The private meteorological firms had …

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