The move will enable non-resident Indians to invest in g-secs, the RBI governor said, speaking at the 21st annual conference of the Fixed Income Money Market and Derivatives Association of India and Primary Dealers’ Association of India.
The entire cost of the demolition will be borne by the builder and Noida authorities will supervise the demolition with expert guidance from the Central Building Research Institute, the top court said.
Manufacturing, construction, electricity and mining grew fast enough in the June quarter to offset the steep declines in the year-ago quarter, while key services sectors could not even completely reverse the decline. Private consumption, the biggest constituent of the economy remained 12% below the pre-pandemic level.
Through this acquisition, Prosus plans to scale up it payments and fintech business PayU, which operates in more than 20 markets globally, as one of the leading online payment providers globally by total payment volume (TPV), aggregating $147 billion.
Interestingly, 92% of the registered homes were fresh sales amounting to 6,241 units that were sold in the month of August. New home sales increased from 53% in July 2021 and 42% in June 2021. In April the growth was as low as 7%.