The cabinet approved a Rs 25,000-crore special window to provide funding to housing NSE 4.02 % projects that are stuck, with the aim of reviving the key sector, providing a boost to the economy and bringing relief to home buyers. The money will be available for “net worth positive” projects, said FM Nirmala Sitharaman. As…
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The Kherki Daula toll plaza will soon move out of Gurugram’s city limits, to another location almost 15km down the Jaipur highway, senior government officials said on Wednesday. The officials said the Punjab and Haryana high court had allowed the state government to take over 50 acres of land in Pachgaon to move the toll…
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The first bridge girder (a bridge that uses girders to support its deck) to construct a 15km elevated road in Gurugram was put up by Larsen & Toubro (L&T) as part of the Dwarka Expressway project at Sector 110 on Friday night. Till now, the NHAI contractor has completed 30% of the work in the…
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MUMBAI: As expected, the Reserve Bank of India (RBI) lowered its key policy rate yet again on Friday — the fifth successive time this year that it has done so in a bid to spur slowing economic growth. The latest cut, by a quarter percentage point, brought the benchmark repo rate (the rate at which…
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