New Delhi: In a move that may boost digital payments, businesses with an annual turnover of more than ₹50 crore will have to mandatorily offer electronic mode of payments to their customers from 1 November, the finance ministry said on Friday. Besides, no charges or merchant discount rate (MDR) — charge that payment systems and banks impose on commercial transactions– will be Read More

The stock market of India was sideways on negative foreign institutional investors (FIIs). The BSE Sensex went down 30 points to 30,096 levels while the 50-stock Nifty 1 point down at 11,303 levels. The Bank Nifty index was 22 points up at 28,064 levels. Speaking on the current market scenario Sumeet Bagadia, Vice President at Choice Broking said, “Market is Read More

New Delhi: The real estate sector relief expected this week may include solutions for stalled housing projects for the stressed home buyers where projects could not be completed due to funding issues, official sources said, There have been demand for as stress fund to deal with stalled projects and bail out lakhs of stuck homebuyers from both home buyers and Read More

It is highly possible that the government would announce some measures for the real estate and auto sector in the coming weeks. Both these sectors generate a lot of employment and would definitely need some kind of relief measures. A million contractual manufacturing jobs are at risk due to the consumption slowdown, Society of Indian Automobile Manufacturers (SIAM) President Rajan Read More

The most anticipated part of every real estate transaction is being done with it. Every seller looks forward to the moment of closing: the period where all involved parties put a bow on the sale and the keys get handed over to the happy new owners. The closing is by nature the most complicated part of the proceedings. The task Read More

Ikea’s smart home investments to date have been smart but scattered – now the Swedish home goods brand says it’s going to amp up its smart home bets with a brand new dedicated business unit. The company’s smart home endeavors began in 2012, and focused on wireless charging and smart lighting. It’s iterated in both areas since, developing self-installed integrated Read More

HYDERABAD: In spite of repeated extension of the deadline to register a real estate project and enhancing the late fee to Rs 3 lakh, apart from a 10 per cent penalty, a large number of realtors in the State are yet to comply with the Real Estate (Regulation and Development) Act, 2016. While the Act has been implemented fully in other states, Read More

New Delhi: Finance Minister Nirmala Sitharaman on Friday said the government will bring a new national educational policy and ₹400 crore has been provided for world class institutions. Presenting the first Budget of the Modi government in its second term, she said a draft legislation for higher education commission will be presented. India has potential to become educational hub, she said while proposing Study Read More

SAN FRANCISCO – San Francisco officials on Tuesday voted 8 to 1 to ban the purchase and use of facial recognition technology by city personnel, in a move to regulate tools that local Silicon Valley companies helped develop. The ordinance, which also would require city departments to submit surveillance technology policies for public vetting, can become final after a second Read More

Grand Hyatt Kochi Bolgatty (GHB) is betting big on MICE and leisure business, thanks to the resurgence of the State’s tourism sector from floods and Nipah virus outbreak last year. “Kerala’s negative perception post floods have started fading, witnessing an encouraging trend in tourist arrivals. This has reflected in our room occupancy growth during Jan-Feb-March period, touching 65 per cent Read More