Realty stocks in demand after Karnataka cuts stamp duty

Real estate shares created a lot of buzz on Tuesday after the Karnataka Government slashed stamp duty by 2 per cent on affordable flats. The state Assembly passed an amendment to the Stamp Act, 1957, slashing the stamp duty payable on flats priced Rs 35-45 lakh to 3 per cent.   Following the development, shares […]

RBI Update

RBI says prospects brightening for economy as second wave of COVID-19 wanes

  The central bank added that the trajectory of inflation is shifting down more favourably than anticipated.  Prospects are brightening for the economy achieving escape velocity from the pandemic as the second wave wanes and preparedness for the future remains on war-alert status, the Reserve Bank of India (RBI) bulletin said on September 16. Aggregate […]