The new measures announced in the Union Budget 2023-24 may certainly help unleash Indian economy’s potential. However, from a real estate point of view, there were no major direct announcements that could be seen as immediate booster shots. The enhanced allocation for PM Awaas Yojana by 66% to over INR 79,000 crores is certainly a […]
Investors have a lot of faith in banks, brokers, and other financial institutions that provide them with investing and stock ownership services. When an investor opens a Demat account, for example, they believe they are entering into a financial relationship with the best services available, which is not always the case. For example, when an […]
Audit rates have been decreasing over the past few years due to a lack of resources, and that may cause some people to get too comfortable during tax season. Even one small mistake can lead to an IRS audit. If you’re not familiar with the tax laws, you could get yourself in trouble. That’s why […]
Mumbai, 27 December 2022: Despite the gradual hike in property prices and home loan interest rates in 2022, it has been a fantastic year for residential real estate. Latest ANAROCK Research indicates that housing sales in the top 7 cities have created a new peak in 2022, breaching the previous high of 2014. Approx. 3,64,900 units […]
Indian residential real estate sales remained upbeat throughout 2022, and the current sales momentum will sustain at least into the first quarter of 2023. Thereafter, much will depend on forces other than the desire for homeownership, such as additional repo rate hikes and property price increases. 2022 saw the repo rate go up by almost […]
India Inc. has already started pinning hopes on various economic reforms in the upcoming Union Budget 2023-24. Unavoidably, there is quite a bit of overlap with previous years in the form of recurring demands which have, so far, not been or insufficiently met. For instance, a price band of INR 45 lakh or below is […]
The 35 BPS rate hike by the RBI – the fifth consecutive rate hike this year – comes as no surprise. With repo rates now at 6.25%, there may be some repercussions on housing uptake. This hike will undoubtedly push up home loan interest rates, which had already crept up after four consecutive bps rate […]
The Portuguese government has introduced the first digital nomad visa program of its kind in Europe. Here’s how it stacks up to similar programs in other European states. Portugal recently released the requirements for its digital nomad visa, which lets remote workers who make four times the national minimum wage live and work in the […]
We have in this study examined financial performance of 3180 companies (excluding financial companies) and noted the trend in interest coverage ratio defined as Operating profit to Interest. This indicator reflects the comfort level of companies in debt servicing. Some interesting results: In response to falling interest rate cycle, interest coverage ratio of companies has […]
A rate hike was expected, but the expectation was for a maximum of 35 bps. The hike by 50 bps is definitely on the higher side, and home loan lending rates will now edge further into the red zone. This is the third consecutive rate hike in the last two months and finally marks the […]
