New Delhi, March 18 (IANS) India is rapidly climbing the global economic ladder and will likely overtake Germany to become the world’s third‑largest economy by the end of the decade but sustaining that rise will require a sharper focus on manufacturing, job creation and artificial intelligence, a new report has said.The Boston Consulting Group said in the report that India will soon overtake Japan in nominal gross domestic product to become the world’s fourth‑largest economy, adding that…
Latest affordable housing News & Updates
New Delhi, Feb 16 (IANS) The overall residential market in India continues to exhibit underlying resilience, supported by a stable macroeconomic backdrop and recent repo rate cuts, a report showed on Monday.Premium segments (homes priced Rs 1 crore and above) now constitute 50 per cent of total annual sales in the country.While the overall market remained resilient with 3,48,207 units sold in 2025 and sales of units priced over Rs 1 crore rose by 14 per cent year-on-year (YoY), the affordable ho…
New Delhi, Feb 1 (IANS) The government is set to present the Union Budget 2026-27, with Part B of the Budget document likely to carry unprecedented detail and emphasis on economic direction and policy reforms for the first time — sharing directional cues on growth priorities and the country’s emerging role in a shifting global economy.The Union Budget is divided into two parts — A and B — with the latter part serving primarily as a shorter segment focused on tax proposals and select updates…
Gandhinagar, Dec 31 (IANS) In line with Prime Minister Narendra Modi’s vision of “Har Ghar Ko Chhat”, the Gujarat government has set a target of constructing more than 5 lakh houses under the Pradhan Mantri Awas Yojana (PMAY) over the next five years, said Minister Jitu Vaghani on Wednesday. Briefing the media after a state cabinet meeting held in Gandhinagar, Vaghani said the Prime Minister has resolved to construct over one crore houses across the country under PMAY in the coming five ye…
New Delhi, Dec 24 (IANS) BASIC Home Loan (Read: BASIC), India’s fastest-growing mortgage-focused fintech platform, has partnered with udChalo Housing to offer tailored home loan solutions for serving and retired defence personnel and their families.The partnership aims to simplify home ownership for defence and CAPF families by bringing together BASIC’s access to 150 plus lenders and udChalo’s deep understanding of defence housing needs. Together, the two companies will enable defence buye…