Top headlines: Housing sales fall 9%, GAIL to invest 45,000 cr in gas infra

From falling housing sales to GAIL's Rs 45,000 crore investment to create infra for gas-based economy, here are the day's top headlines

Housing sales fall 9%, new supply down 10% in Oct-Dec on economic slowdown

Housing sales fell 9 per cent during October-December across nine cities to 60,453 units due to economic slowdown and liquidity crisis, according to a report. Housing brokerage firm PropTiger recently reported 30 per cent fall in sales in nine cities during October-December quarter. However, during 2019 calendar year, realty consultants Knight Frank India and Anarock mentioned that sales rose by one per cent and 5 per cent, respectively. Read more

GAIL to invest over Rs 45,000 cr to create infra for gas-based economy

GAIL India Ltd, the country's largest