Panel calls for survey on FDI in housing

Panel calls for survey on FDI in housing

The Standing Committee on Urban Development has directed the Ministry of Housing and Urban Poverty Alleviation (HUPA) to undertake a survey to assess the impact of foreign direct investment (FDI) inflows into the housing sector. Since 96 per cent

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RBI shifts to forward market dollar buying in June

RBI shifts to forward market dollar buying in June

Given that the rupee liquidity in the banking system has been entering into surplus mode, the Reserve Bank of India (RBI) had shifted its strategy of intervention by buying dollars more in the forward market to delay further infusion of liquidity, da

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Passenger vehicles in July: Launches, low base rev up sales 11%

Passenger vehicles in July: Launches, low base rev up sales 11%

Weak sentiment in the rural market has been affecting sales of two-wheelers, especially motorcyclesNew launches and a low base helped the passenger vehicle sector report sales growth of over 11 per cent in July year-on-year, even as a few players con

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Imports to be last resort, new defence policy to push Make in India

Imports to be last resort, new defence policy to push Make in India

With 'Make in India' the new mantra for defence manufacturing, the government has decided against importing equipment unless it is impossible to make it at home and this thrust on indigenisation will reflect in the new Defence Procurement Pro

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