Globally, Islamic finance is estimated to be worth about $300 billion, growing at 20% annually. With this growth, the need for Shariah compliant financial products has also increased.
With the imposition of service tax on commercial rentals by the government, your hopes of opening up a new commercial project on rent will surely burn a finger in the pocket.
The unending euphoria of real estate sector in India witnessed during the last few years is finally starting showing signs of ebbing.
Ever since the fallout of world’s biggest investment banks, talks are ripe on how top analysts of the world have got it absolutely wrong in their predictions, be it real estate, commodities or equities.
With the government contemplating amendments in the pre-independence enacted Indian Trust Act, 1882, the trusts will have greater flexibility with their investment decisions.
The Finance Ministry is busy drafting the new Direct Tax Code which would be tabled in the winter session of Parliament.
Sub prime lending, also called ‘B-Paper’, ‘near-prime’ or ‘second chance’ lending, refers to the practice of making loans to borrowers at interest rates above the prevailing market rates because of their low credit status and increased risk due to either a limited credit history, or histories of payment delinquencies, charge-offs or bankruptcies.
A SEBI committee has come out with proposals for launch of Dedicated Infrastructure Funds (DIFs) by mutual funds.
For those of us who think that Indian organised retail trade is on a dream run, here is an eye-opener.
After the top 8 metros of India, its now focus on tier II and III cities as these cities would drive the investment and growth phase of the country owing to the huge unexplored potential in these cities.