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Encouraged by price correction and lowering of interest rates, the real estate market, after a period of relative inactivity lasting the first few months of the year, witnessed improved levels of activity on the part of retail investors in the residential sector, especially in the low to mid-end housing segment, said experts as well as [...]

Finance minister Pranab Mukherjee said that the interest rate subsidy for mid-segment housing would be routed to customers through commercial banks and housing companies registered with the National Housing Bank (NHB).

What’s in a name? Lots. The trend of naming residential real estate development on western nomenclature is fast catching up in the country, ET Realty reports.

Distributors believe that in short term their revenue might be affected, but in medium to long term it would pick up. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE

Six new fund offerings from MFs are in the market to mop funds before the ban of entry load comes into effect from Aug 1, 2009. Search Best MFs | When do you jump a MF?

The govt has allowed ONGC to partner Lakshmi N Mittal for buying out 25% stake in Kazakhstan’s oilfield in the Caspian Sea.

Finance minister Pranab Mukherjee said the wholesale price index series, used to calculate inflation in the country, will have 2004-05 as the base year.

Boosted by India Inc’s excellent first-quarter performance, the Sensex surged 282.35 points to hit a level not seen since June 17, 2008.

The government is considering extending incentives to the services sector, battling demand recession in Western economies, in the Foreign Trade Policy to be unveiled next month.

The government on Friday allowed duty-free import of raw sugar without export obligation for further eight months to augment availability of the sweetener in the domestic market.

Trust in business is recovering significantly in some of the world’s largest markets with India and China most positive about business and the US rebounding from 10-year lows, according to a new survey.

Indian markets extended its morning gains and was ruling 1.75% up from its last closing figure, even as its Asian peers continued to trade in the green.

Boeing on Friday rolled out its first ‘P-8A Poseidon’, claiming it to be the world’s most advanced multi-mission maritime patrol and reconnaissance aircraft, with the Company saying that India would be its first buyer country.

Indian flagship carrier Air India, struggling with massive losses, has cancelled orders for five Boeing 777 planes, a report said on Friday.

Sensex surged by over 310 points to the highest in this year in early trade on increased capital inflows by foreign funds on the back of impressive corporate earnings.

The Indian rupee strengthened by 13 paise in early trade on expectations of fund inflows and weakness in the US currency against other Asian currencies.

Private airlines will suspend operations on 18 August to protest inadequate government relief

India consumed 17.7 tonnes of the yellow metal in the first quarter of this year, down 83% from the quarter a year ago

The bill also said the insurer could get sovereign guarantee for its products to the extent needed