Property prices up 21.6%, rents grow 13% in year: This NCR area emerges as favourite for affordable homes
Prices up in greater Noida West area: One of the major reasons behind this substantial growth in greater Noida West area is its affordability. Properties in greater Noida West are relatively more affordable compared to other parts of the National Capital Region (NCR), says report. Around 62% of homebuyers looked for 3-BHK and larger apartments in the region over the last five quarters, says report. What people are buying in the greater Noida West, top 10 developers in the region and other details homebuyers must know. Key Points
Economic TimesPak woman comes to India with 4 kids to be with man she met while playing PUBG
The couple lived together in a rented apartment in greater Noida's Rabupura area. The landlord was unaware that the woman was from Pakistan. Key Points
India TodayFitch 'neutral' on China, flags realty risks
China's economic growth will moderate to 4.6% next year from 5.3% in 2023, the ratings agency said in a Wednesday report titled greater China Outlook 2024. While a greater usage of fiscal policy will limit downside risks, Fitch noted such supports may keep fiscal deficits wide at a time when the country's fiscal metrics have already eroded compared to peers with similar sovereign ratings. Key Points
Economic TimesWoman thrown at crowd at Dhirendra Shastri's event, cop suspended for inaction
A woman was thrown at the crowd at Dhirendra Shahstri's event organised in greater Noida on Wednesday. A police officer, who was present on the spot, was suspended for inaction. Key Points
India TodayILO pegs global unemployment rate at 5.2 per cent in 2024
The International Labour Organization (ILO) has projected a global unemployment rate of 5.2% in 2024, slightly higher than the 5.1% in 2023. The World Employment and Social Outlook Trends: 2024 report notes that working poverty will persist, and income inequality will widen, emphasizing the need for greater social justice for a sustainable recovery. Key Points
Economic Times
People faint at Bageshwar Dham Dhirendra Shastri's event; cops blame 'humidity'
Several videos of ruckus at Bageshwar Dham's greater Noida on Wednesday went viral. In one such video, blood could be seen coming out of a woman's mouth. Key Points
Hindustan TimesFM Sitharaman lauds reforms under Modi govt, asks India Inc to ‘join in a big way’
Finance Minister Nirmala Sitharaman has urged the corporate sector to increase private capital expenditure and participate in India's economic growth. She emphasized the trust of global investors in India and called for greater joint venture partnerships. Sitharaman also emphasized the continuation of reforms, including digital infra, and emphasized the role of the Indian industry in aligning with national interests. Key Points
Economic TimesCNG prices hiked by Re 1 in Delhi-NCR from today. Check new rates
In Delhi, the price of CNG has been revised from Rs 74.59 per kg to Rs 75.59 per kg. In Noida, the revised rate is Rs 81.20 per kg, and greater Noida is 80.20 per kg. Key Points
India TodayPete Buttigieg Loves God, Beer, and His Electric Mustang
Sure, the US secretary of transportation has thoughts on building bridges. But infrastructure occupies just a sliver of his voluminous mind. Key Points
WIREDFor calculated risk takers: 4 smallcap stocks with upside potential of up to 32%
It was the second time in the last ten days that banks are leading to decline in the market and the midcap index is trading with cuts which were greater than broader market indices. Yesterday should serve as a reminder to all those who have been buying stocks in the last few weeks without even bothering to look both at fundamentals and valuations. For all those who are looking at taking fresh exposure in small and mid-cap segments it would be better that rather than doing post facto analysis they should do more homework by looking at some fundamental ratios and business of the company. Despite doing all this, one should be ready to see a draw down as risk cannot be eliminated but only managed. Key Points
Economic Times
Public holiday declared in Noida on January 22 for Ram Lalla Pran Pratishtha ceremony
Monday has been declared a public holiday in Noida and greater Noida for all government establishments, including offices, schools, and colleges. The decision is in observance of the consecration ceremony of Ram Lalla at the Ram temple in Ayodhya on January 22. The public holiday is declared under the Negotiable Instruments Act, 1881, in Uttar Pradesh. Key Points
Economic TimesView: What India needs to sustain its infrastructure development momentum
Compared to FY2019, four sectors - roads and highways, power transmission, RE, and ports - have a score of greater than 70% in Crisil's InfraInvex index in FY2023, while RE, railways and power have logged improvement of over 15% (compared to 2019), driven by reforms and improvement in financial metrics. The next phase of infra development will be shaped by growth in the average ticket size of projects and a significant number of mega-scale projects. Key Points
The Economic TimesRealtors unlikely to get greater shelter under insolvency
The rethink was warranted by fears that unscrupulous promoters may use any such relief to dump certain housing projects midway after grabbing profits and focus on those that, they think, will fetch greater returns. Worse, the developers can potentially siphon off funds from certain projects in some way or the other. Key Points
Economic TimesGovt rolls out mandatory quality norms for smart meters, welding rods
Smart meter is an electronic device that records information such as consumption of electric energy, voltage levels, current and power factor. It communicates the information to the consumer for greater clarity of consumption behaviour and electricity suppliers for system monitoring and customer billing. Key Points
Economic TimesMCA to withdraw 7,338 pending prosecutions in second round of a special drive to cut litigations
The ministry of corporate affairs (MCA) Friday said it has decided to withdraw 7,338 prosecutions pending before various courts in the second round of a special drive to cut litigations and ensure greater ease of doing business. The move will result in a 21.86% decline in the number of pending prosecutions being pursued by the central government, the ministry said. Key Points
Economic Times
Amidst talks with Centre, TIPRA Motha’s Pradyot Kishore says party MLAs would ‘take on’ Govt inside and outside Assembly
Pradyot's TIPRA Motha, which was floated in 2021 with the slogan for greater Tipraland, swept the tribal council polls within two months. However, the party’s slogan has undergone several changes in terms of its core demand for greater Tipraland--from being a separate state to an autonomous one inside Tripura. Key Points
The Indian Express