Sunteck to Brigade, major listed realtors hike residential prices by 10%

housing

Jammu and Kashmir has been allotted an additional 1.99 lakh houses under the 'Pradhan Mantri Awaas Yojna-Gramin' (PMAY-G) by the Centre to saturate the 'AwaasPlus' permanent waiting list of the Union Territory during 2023-24, officials said on Wednesday.
They said the newly targeted houses will be sanctioned by the Rural Development Department by June 30.
The massive allocation for J-K by the Union Ministry of Rural Development, under the flagship scheme, is the highest across all UTs in India, an official spokesman said.
Jammu and Kashmir Lieutenant Governor Manoj Sinha expressed gratitude to Prime Minister Narendra Modi and Union Minister for Rural Development Giriraj Singh for giving top priority to the Union Territory and fulfilling the dreams of lakhs of families.
"Extremely grateful to Hon'ble PM Shri @narendramodi Ji & Union Minister @MoRD_GoI, Hon'ble Shri @girirajsinghbjp Ji for allotting PMAY(G) target of additional 1,99,550 houses in favour of J&K UT, which will be .

Jammu and Kashmir has been allotted an additional 1.99 lakh houses under the 'Pradhan Mantri Awaas Yojna-Gramin' (PMAY-G) by the Centre to saturate the 'AwaasPlus' permanent waiting list of the Union Territory during 2023-24, officials said on Wednesday.

Centre allots additional 199,000 houses under PMAY-G to Jammu and Kashmir

Press Trust of India

Data Protection, cybersecurity, digitisation, security

The Telangana state government on Wednesday launched the Telangana State Anti-Narcotics Bureau and the Telangana State Cyber Security Bureau

Telangana launches State Anti-Narcotics, State Cyber Security Bureaus

IANS

Competition Commission of India

The government has extended the tenure of Atul Verma as the Director General of the Competition Commission of India (CCI) for three months.
The Director General (DG) office is the investigation arm of the fair trade regulator.
According to an official order, the competent authority has approved the extension of the deputation of Atul Verma as Director General of CCI for a period of three months beyond May 31.
CCI is probing various anti-competitive cases, including those relating to technology companies.

The government has extended the tenure of Atul Verma as the Director General of the Competition Commission of India (CCI) for three months.

Competition Commission's DG Atul Verma gets three-month extension

Rajeev Chandrasekhar

Morgan Stanley's report on how India under Prime Minister Narendra Modi has transformed and gained a position in the world order in less than a decade is the "best and sharpest indictment" of the Congress-led UPA's "lost decade between 2004 and 2014", Union Minister Rajeev Chandrasekhar said on Wednesday.
Speaking to PTI, he said the report reminds Indians how the Congress-led UPA had in 2014 left "a shattered economy". Nine years later, India has emerged as one of the fastest-growing economies in the world with record FDI, the minister said.
"This report that says how India is transformed in less than a decade under Prime Minister Narendra Modi is in my opinion the best and sharpest indictment of the UPA's lost decade between 2004 and 2014," he said.
In the report, Morgan Stanley said significant scepticism about India, particularly with overseas investors, ignores the significant changes that have taken place in India, especially since 2014.
Rejecting criticism that India has not

Morgan Stanley's report on how India under Prime Minister Narendra Modi has transformed and gained a position in the world order in less than a decade is the "best and sharpest indictment" of the Congress-led UPA's "lost decade between 2004 and 2014", Union Minister Rajeev Chandrasekhar said on Wednesday.

'Morgan Stanley study on change under Modi indictment of UPA's lost decade'

Sona BLW Precision Forgings

Aureus Investment Pvt Ltd, a promoter of Sona BLW Precision, on Wednesday sold a 3.2 per cent stake in the firm for Rs 957 crore through an open market transaction.
According to the bulk deal data available with the NSE, Aureus Investment sold 1.90 crore shares, amounting to a 3.2 per cent stake in Sona BLW Precision.
The shares were offloaded at an average price of Rs 503.73 apiece, taking the transaction value to Rs 957 crore.
Post the latest transaction, the shareholding of Aureus Investment has been reduced to 29.8 per cent from 33 per cent (as of March 2023) equity in the firm.
BNP Paribas Arbitrage also offloaded more than 99.91 lakh shares of Sona at an average price of Rs 541.61 per piece, taking the deal value to Rs 541 crore, as per the data on NSE.
The Singapore government, Societe Generale and BNP Paribas Arbitrage have acquired more than 1.21 crore shares of Sona BLW Precision.
Shares of Sona BLW Precision jumped 5.98 per cent to close at Rs 565 apiece on the NSE. Du

Aureus Investment Pvt Ltd, a promoter of Sona BLW Precision, on Wednesday sold a 3.2 per cent stake in the firm for Rs 957 crore through an open market transaction.

Aureus Investment, promoter of Sona BLW Precision sells 3.2% stake

India China

The 27th meeting of the WMCC was attended by the Joint Secretary (East Asia) from the External Affairs Ministry, who led the Indian delegation

India, China review LAC situation; discuss ways for disengagement

Indian rupee

Concerned about Jharkhand's low credit-deposit ratio at 45 per cent, the state-level bankers' committee on Wednesday decided to take it to 50 per cent by the quarter ending September 2023 of the current fiscal.
The SLBC was headed by Bank of India Managing Director and CEO Rajneesh Karnatak.
"All banks are committed to the economic growth of Jharkhand...There is a plan for improving the CD ratio. This year, it has improved by 6 per cent on a year-on-year basis. There are individual credit plans for all the banks, including 12 per cent for the Bank of India (BoI)," Karnatak said.
The credit-deposit ratio in the state was recorded at 45.07 per cent on March 31, 2023, as against 42.37 per cent by the end of the previous fiscal, registering an increase of 6.37 per cent.
According to the RBI guidelines, the CD ratio can be much higher and can reach 77-78 per cent but the reason for the state's low credit to deposit proportion is "primarily due to absence of manufacturing here though ...

Concerned about Jharkhand's low credit-deposit ratio at 45 per cent, the state-level bankers' committee on Wednesday decided to take it to 50 per cent by the quarter ending September 2023 of the current fiscal.

J'Khand credit-deposit ratio at 45%, plan to increase it to 50% soon: SLBC

Allahabad High Court, HC, high court, Allahabad

The Allahabad High Court has ruled that citizens have the right to keep or change their names according to personal preferences, and this comes within the ambit of the Constitution.
Justice Ajay Bhanot made the observation on a writ petition filed by one Sameer Rao challenging the UP Madhyamik Siksha Parishad's rejection of his application to get his name changed in the high school and intermediate examination certificates.
The high court directed the UP Madhyamik Siksha Parishad to allow the petitioner to change his name from "Shahnawaz" to "Mohammad Sameer Rao" and issue fresh high school and intermediate certificates incorporating the change.
"The authorities arbitrarily rejected the application for change of name and misdirected themselves in law. The action of the authorities violates the fundamental rights of the petitioner guaranteed under Article 19(1)(a), Article 21 and Article 14 of the Constitution of India," the court said.
The name of the petitioner was recorded as ...

The Allahabad High Court has ruled that citizens have the right to keep or change their names according to personal preferences, and this comes within the ambit of the Constitution.

Citizens have right to change their names according to personal will: HC

Shloka Mehta, Akash Ambani

Akash Ambani, the elder son of billionaire Mukesh Ambani, and his wife Shloka Mehta Ambani on Wednesday welcomed their second child on Wednesday, a baby girl.
The couple had their first child Prithvi in December 2020.
Dhanraj Nathwani, a friend of the Ambani children and son of family confidant and Rajya Sabha MP Parimal Nathwani, took to Twitter to announce the birth of the girl child.
"Heartiest congratulations to Akash and Shloka Ambani on the joyous arrival of their little princess! May this precious blessing bring immense happiness and love to your lives," he tweeted.
In November last year, Akash's twin sister Isha and her husband Anand Piramal became parents to twins who were named Krishna and Aadiya.
Mukesh Ambani has three children - twins Akash and Isha and younger son Anant. All are now involved with his oil-to-telecom-to-retail conglomerate. While Akash looks after the telecom business, Isha is involved with the retail venture. Anant is looking after the new energy ...

Akash Ambani, the elder son of billionaire Mukesh Ambani, and his wife Shloka Mehta Ambani on Wednesday welcomed their second child on Wednesday, a baby girl.

Akash Ambani, wife Shloka Mehta welcome second child, a baby girl

Go First

The lessors of Go First had moved the high court against the DGCA, seeking to deregister their aircraft leased to Go First. This was shortly after the NCLAT upheld the NCLT order on May 22

Application to terminate leases of Go First's lessors not rejected: DGCA

Business Standard

When you buy any item, you may pay for it using an appropriate currency note. But have you ever wondered what the cost of printing that currency note is? Watch the video to find out

Explained: How much does it cost to print rupees?

On 21st May, 2023, Bhanu Rekha, a young employee at Infosys, lost her life in a distressing incident caused by heavy rainfall. India's bustling tech capital, where infra deficiencies are rampant

Explained: How infra stress, bad roads are killing Brand Bengaluru

Maruti Suzuki (MS) is all set to bring its much-awaited, five-door off-roader Jimny into the market on June 7. Here's all you need to know about the new Gypsy.

Maruti Suzuki Jimny 2023 | All you need to know about the new Gypsy

In a recent run-off election, Recep Tayyip Erdogan emerged victorious securing another five-year term as the president of Turkey. 
Watch the video to know more about his challenges.

Turkey election 2023: Erdogan wins another term as president but challenges remain

Employees Provident Fund or EPF is a mandatory savings and retirement scheme for employees of an eligible organisation, which can be used as a corpus post-retirement.

How To Withdraw PF Advance Online? Here's A Step-By-Step Guide

From US to Australia, investors from 21 nations get angeltax exemption. Watch the video to dive into the details and explore what exactly this angel tax is all about.

21 nations get angel tax exemption. Here’s what this means

21 nations get angel tax exemption. Here's what this means

The Narendra Modi government completes 9 years in power. Here's a look at major events in these 9 years.

9 Years of PM Modi | A look at the major events

Did you know RBI under Raghuram Rajan floated the idea of introducing Rs 5,000 and Rs 10,000 notes in 2014?
Watch the video to know the tale of inflation, demonetisation, and counterfeiting concerns.

RBI's Rs 10,000 note proposal: Inflation, demonetisation, and counterfeiting worries

If you think 2000 rupee note was the highest denomination of Indian currency, time to get your facts checked! Watch the video to know more

Don’t miss | Rs 2000 was not the highest denomination note in India

Don't miss | Rs 2000 was not the highest denomination note in India

Lava debuts MediaTek Dimensity 7050 system-on-chip in India with the launch of Agni 2 5G smartphone.

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