In this page, we will keep you updated with every new happenings in the world of construction all over the world with our team who are constantly updating it. Stay connected and know more.

How a Rental Agreement Could be.? - Posted on: 31st July 2021

Rental agreement A rental agreement is a legal document which lays out the pre-discussed terms and conditions under which the rented property is leased out that is to be followed between the landlord and the tenant. In India, 11 month lease period is preferred by most landlords while entering into property rentals.  Here is the format of lease agreement used in India: RENT AGREEMENT This Rent   Agreement is made on this __________ (da.. Read more

Risk management measures that every Homebuyer should know. - Posted on: 30th July 2021

Homebuyers, purchasing a home is one of the most important financial decisions they make in their lives. When a buyer searches for a house, he looks at various aspects like the location, affordability, price, etc. The new-age individuals have become smart enough to cross-check other safety measures too. These may be the stability of the house, reputation of the developer, quality of the construction material, and better financial deals that can make the house a promising investment prospect.. Read more

Low-carbon solutions: Plastic-bottle kerbstones and waste-based building blocks - Posted on: 29th July 2021

From plastic-bottle kerbstones to waste-based building blocks, countless companies are now touting greener building materials. Miles Rowland surveys this fast-changing sustainability scene Historic portraits look down from the wood-paneled walls of the lecture hall at the Royal Institution of Chartered Surveyors (RICS). Before them stands a large red and brown block – a section of wall fashioned from a composite of clay and straw derived from hemp. At first glance, it .. Read more

Green environ decreases mental disorders - Posted on: 28th July 2021

Being surrounded by greenery in childhood may improve the mental health of the future urbanites. There is a close relationship between green space, urban life, and mental disorder. Washington:  A new study now finds that children who grow up with greener surroundings have up to 55 percent less risk of developing various mental disorders later in life. The study by Aarhus University, Denmark, emphasizes the need for designing green and healthy cities for the future. With a .. Read more

Legal Rights of A Landlord - Posted on: 27th July 2021

While we talk a lot about the rights of a tenant and how to safeguard them, there is another side of the transaction, too. A landlord. Under the rental laws in India, there are rights that safeguard the interests of a landlord, too. The Rent Control Act is one important act passed by the Government of India in 1948, post which several states like Delhi, Maharashtra, and Karnataka have undertaken modifications to the same. The act, however, seen as pro-tenant, also, talks about the protec.. Read more

Documents To Check To Avoid Property Fraud - Posted on: 26th July 2021

With our lifetime savings, we all plan to buy our dream home. While the cost of the property and the means to fund it are important, it is equally critical that you don't end up becoming the victim of a fraud. Hence, it is essential to know which documents need to be checked when you buy a property. Sale deed This is the core legal document, a proof of sale as well as the transfer of ownership from the seller to you. A sale deed should be registered, apart from ensuring that t.. Read more

How To Claim Tax Exemptions On Multiple Home Loans.? - Posted on: 25th July 2021

There is no restriction on the number of home loans that a homebuyer can take like there is no restriction on the number of homes that one can buy. According to popular notion, one cannot take more than one home loan at a time but it is not so. A homebuyer can also claim the necessary tax benefits on multiple home loans. However, for all the properties taken together, your ability to pay back the loan as well as the earning will determine the amount of home loan that you are eligible for. .. Read more

Tips for Home’s Vastu - Posted on: 24th July 2021

In a world that largely depends on apartment-based developments for its housing needs, a buyer often does not have a choice to pick a Vastu-compliant home, the architectural science’s increasing influence on building construction in the recent times notwithstanding. There is, however, no need to lose heart-Vastu is more of a solution-providing science than a problem-indicating art. In this article, we discuss some basic principles on which Vastu is based, to help a flat owner improve .. Read more

From waste to wealth - Posted on: 23rd July 2021

Hyderabad couple Amey Marathe and wife Sujata are working to transform food wastes and greenhouse gases into useful fuels and green energy. One of the microbial consortia plants set up by the organisation. According to a World Health Organisation report, 11 out of the 12 most polluted cities in the world are from India. While the Prime Minister has been creating awareness through his Swachh Bharat campaign, a city-based couple is pro-actively doing something for the environment. .. Read more

What Is The Legal Validity Of A Rental Agreement? - Posted on: 22nd July 2021

Nearly 12 million housing units in urban parts of the country continue to lie vacant even though millions of people, including workers and students, happen to be migrants looking for rented accommodations, data indicate.  Official numbers show that of the 37.4 million students who pursued regular higher education courses in 2018-19, approximately 15 million were migrants. According to industry estimates, by 2023, the migrant workforce in India’s major urban centres would be seven.. Read more

Legal Rights of a Landlord - Posted on: 21st July 2021

While we talk a lot about the rights of a tenant and how to safeguard them, there is other side of the transaction, too. A landlord. Under the rental laws in India, there are rights that safeguard the interests of a landlord, too. The Rent Control Act is one important act passed by the Government of India in 1948, post which several states like Delhi,  Maharashtra and Karnataka have undertaken modifications to the same. The act, however, seen as pro-tenant, also, talks about the pro.. Read more

Comprehensive Construction project planning checklist - Posted on: 20th July 2021

A construction project planning checklist is a resourceful guide for project managers to facilitate a project from start to finish. Project construction is extensive, complex, and varies in size and type. They can range from agricultural, civil, commercial, environmental, and industrial projects. It is crucial to have a Project Management Plan (PMP) because it defines the completion and process of the project. From project to project, different plans will deal with various projects. In this guid.. Read more

Building debris disposal rules here: Rules to handle construction and demolition waste. - Posted on: 19th July 2021

Behind the glitz of new and tall buildings in the city is a trail of chunky construction debris with no accountability for its management or disposal - until now. The Centre has come out with new rules to handle construction and demolition waste (2016). The norms include segregating construction debris into steel, concrete and iron and depositing at a collection centre, a ban on dumping them in the open or on the road, and the mandatory use of water sprinklers to suppress dust and, thereby, p.. Read more

Know About Patta Land - Posted on: 18th July 2021

Everything Buyers Need To Know About Patta Land Colloquial terms are very popular in Indian property-related transactions, often leaving buyers and investors wondering about what their legally-binding interpretation could be. One such term, primarily used in land-related dealings in north India, especially Uttar Pradesh and Bihar, is patta.  While the term ‘patta’ conveys ownership over a land parcel, its legally binding meaning is slightly different. W.. Read more

Vastu, a science and an art that deals with matter of building and architecture - Posted on: 17th July 2021

Why Is Vastu More Popular Today Than Ever.? Among the many unique selling points of their projects, real estate developers offer boast of them being Vastu compliant. This is not just an exercise to pad up the text in marketing and branding brochures. This does help developers make the desired impact. Buyers of today are well sensitised about the many benefits of living in Vastu Complaint houses. Vastu, a science and an art that deals with matter of building and architecture, is an old In.. Read more

Different land measurement units commonly used across the country. - Posted on: 16th July 2021

In a geographically vast country like India, land types differ from one region to another. The same is true of the measurements used to size them up. While globally recognised measurement units are used in sale and purchase of flats across India’s major markets, buyers often get boggled by the local measurements units involved in land purchases. Now, we bring you the different land measurement units commonly used across the country. The common land measurement units Here ar.. Read more

Religious Conversion and Impact on Property Rights - Posted on: 15th July 2021

In a country with over a billion people, instances of religious conversion are sizeable. While the ancestral property is a right that Indians, no matter what religion they belong to, at times, families might not be willing to share that property with those within the family who converted into another religion. But, do converts have a rightful share in the ancestral property? Let's look at what the law says: Hindu Succession Act A Hindu Undivided Family (HUF) is governed by the Hindu.. Read more

Maintain Your Property’s Health - Posted on: 14th July 2021

If not attended to with utmost care, your property may start showing signs of decay. Small issues, hence, could to turn into a much bigger problem. In addition to spending a lot of money to fix the problem, this may also entail a great deal of inconvenience for the residents. Simply put, your house needs regular care and listed here are some ways to ensure the same. Regular paint job A fresh coat of paint at regular intervals, would refresh the house, while also ridding it of unwanted.. Read more

Stilt Parking and Building’s Safety - Posted on: 13th July 2021

In the past decade, rules regulating apartment buildings in India were changed to make provisions for stilt parking spaces. Civic authorities in Delhi, for example, made stilt parking mandatory in all new apartment societies spread between 100 and 1,000 square metres. In its master plan of 2021, the Delhi government also announced its plan to offer additional floor areas ratio to buildings offering stilt parking. As a result of this, several housing societies in the national capital region (NCR).. Read more

Transparent Solar Panels: Reforming Future Energy Sector - Posted on: 12th July 2021

New solar panel technologies are set to transform the global solar energy landscape. Some of these promising technologies are already in the advanced stages of development and could hit the market fairly soon. With these innovations, solar is no longer going to require extensive land parcels or unsightly roof spaces. (Aesthetically appealing and highly efficient solar shingles, for example, are already creating attractive solar roofs.) What are transparent solar panels? These are.. Read more

What If Your Bank Loses Your Sale Deed? - Posted on: 11th July 2021

After a home loan borrower pays his outstanding debt in entirely, a no-dues certificate is issued by the bank. After that, the bank returns him the sale deed that is kept with it after property registration. That is a simple fact home loan borrowers are aware of. Now, what happens if the bank, somehow, loses your sale deed? It is the responsibility of the bank to apply for a new copy of the sale deed from the Sub-Registrar’s Office. Meanwhile you could also file a compl.. Read more

Keep Your Plots Safe From Illegal Occupation: Important Tips - Posted on: 10th July 2021

Property-related frauds aren’t uncommon in India, especially when it comes to land purchase. In this article, we discuss how buyers can prevent themselves from becoming victims of land-related frauds. Make sure you have all the necessary documents:  Documents prove the seller’s ownership over a plot. Aside from getting their document verified through a professional lawyer, the buyer must also check the land record in the local revenue department office to be doubly sure. Amon.. Read more

“BANANA” Fibre In Concrete - Posted on: 9th July 2021

Banana Fibre Now a days we are facing Environmental protection problem. Many things, which are invented for our luxurious life are responsible for polluting environment due to improper waste management technique. One of them is banana fibre. To address this issue the fibres from stem fibre of the plant were added in various percentages in M30 Grade Concrete. This paper describes the performance of Banana Fibre Reinforced Concrete (M30). Experimental work has been carried out on the Specime.. Read more

5 Effective Tips To Reduce Construction Cost of a Building - Posted on: 8th July 2021

Estimating the overall cost of building construction is a complex process. A mismatch between anticipated costs and actual expenses can lead to project failures, irrespective of whether it is a residential or a commercial property. It is also a crucial component of the total housing cost, the magnitude of which is very high in most of the big Indian cities. Effective cost management and value engineering are keys many professional builders rely on for ensuring a profitable business. If you have .. Read more

Vastu Tips For A West-Facing Home - Posted on: 7th July 2021

How Vastu affects one’s life, but when it came to buying a property, made sure they did some due diligence. “A Vastu-compliant home is easy to sell in the secondary market. So, we did not want to take a chance on that. Plus, there is no harm in opting for a house that everyone deems fit,”. When the couple zeroed down on a property, they were unable to make up their mind about the west-facing unit that they were shown around. Many of our readers might also be in the same dile.. Read more

The right temperature for a building - Posted on: 6th July 2021

Buildings are one of the largest consumers of energy and emitters of GHG emissions. Gaurav Burman, who heads a building intelligence solutions provider, tells Dhiraj Shetty how to tackle this issue With air-conditioning becoming almost de rigueur in the modern office, arguments over the temperature inside are not uncommon. The temperature inside an office affects the productivity of the employees inside. In fact, some people are even uncomfortable with air-conditioning itself. Interestingl.. Read more

The Right To Use Another’s Property Legally: Easement Act - Posted on: 5th July 2021

By default a property owners attains the right of way, the right to air or right to light, the right to build, the right to the uninterrupted flow of water.  All these are known as the examples of a property owner's easement rights. The Indian Easement Act says that if a person has enjoyed these over a period of time, they have a valid right without any restriction, almost as though it were a privilege. Case Study: Ravi Varma built an independent house in .. Read more

Child-Friendly Residential Projects Woo Millennials - Posted on: 4th July 2021

According to a real estate advisory report on millennials, more than 23 per cent of Indian millennials currently staying with their parents will move out of their family homes within the next two to five years and 65 per cent of millennials aspire to buy a property in the future without compromising on the quality of life. We can infer from these statistics that millennials who already are married and have kids or are about to get married and eventually plan kids, will prefer buying ho.. Read more

Indoor Air Pollution can be twice or five times more toxic than the air outside - Posted on: 3rd July 2021

Sources of Indoor air pollution The air quality in Delhi and the neighbouring cities is deteriorating to alarming levels. The toxic smog blanketing the atmosphere is affecting lives leading to road accidents and flight delays as well as posing grave health risks. Several health experts are warning of rising instances of respiratory and cardiovascular diseases. As people are resorting to using of masks and air purifiers, Dr Randeep Guleria, director, All India Institutes of Medical Scienc.. Read more

Tips to cut down your water consumption. - Posted on: 2nd July 2021

Monthly bills paid for water usage are often negligible, irrespective of the amount of water wasted. The only thing that can act as a deterrent for water wastage is that there is a limit to which water is available to us with cities like Chennai and Bengaluru already experiencing an acute water crisis. A little consideration on our part would lower the risk to a great extent. In this article, we share nine tips to cut down your water consumption. Keep things dry: A great deal of water ge.. Read more

Does Conversion To Another Religion Affect Your Rights On Ancestral Property? - Posted on: 1st July 2021

As families grow, the inheritance of ancestral property becomes a complicated issue. In case there are other changes, too, inheritance-related issues become further complicated. India's judicial system from time to time keeps bringing clarity to matters that are complex in nature. Let us have a look at cases where inheritance laws gained further clarity in the recent past: What are the rights of an adopted child? Under the Hindu Succession Act, 1956, a legally adopted child is a Class-.. Read more

Innovation 2050: 10 predictions for the future of the construction industry - Posted on: 30th June 2021

The construction industry will be taken over by robots. Not completely, but more and more construction sites will become human-free. That’s the message from Balfour Beatty in its latest report, Innovation 2050.  Here, we take a look at the 10 predictions for the construction industry of 2050. It may seem far away, but with the incredible advances in technology, 2050 seems just around the corner. The industry will become increasingly focused on innovation and both contra.. Read more

Planning your children’s financial needs is a complex challenge. - Posted on: 29th June 2021

The hardest challenges in saving for the future is calculating your child's future money requirements Planning your children’s financial needs is a complex challenge. It requires visualising the distant future, investing for needs yet unknown, tackling inflation, and frequently revisiting your plans for best results. You’re bound to make a few errors along the way. Let’s look at a few errors that you can avoid making and have a smoother path to the attainment of your chi.. Read more

Stamp Duty On Property Purchase In Top Indian Cities - Posted on: 28th June 2021

When you set out to buy a property, you have to budget additional expenses that you would have to incur during the process that include stamp duty and registration charges. From time to time, the Reserve Bank of India (RBI) has been nudging banks to factor in additional expenses on property purchase while granting home loans. However, banks typically offer only 80 per cent of the property value as home loan, without factoring in stamp duty and registration charges that inc.. Read more

Top flat renovation tips - Posted on: 27th June 2021

A prospective home buyer may prefer to have a garden or a barbecue grill in the backyard Most home sellers are under the impression that renovations and a tasteful looking home shall fetch them more than what their flat is worth. However, on the contrary, cosmetic changes in a property do not affect its value much. In fact, the changes that you put in may actually repel buyers rather than attract them. Therefore, you need to differentiate between the flat renovation ideas that are w.. Read more

Remote Team Management Tips for Construction Project Managers - Posted on: 26th June 2021

Here are remote team management tips for your construction projects. Currently, there is an extensive amount of remote employees in the workforce. With modern technology, the number of remote companies is increasing in all industries, especially construction. Traditional operations include the project managers traveling from job site to job site, checking project progress, and employee productivity. For decades this was the only way to manage projects. However, it is costly, time-consuming, a.. Read more

Financial planning involves visualising the future. - Posted on: 22nd June 2021

Insurance is important to protect your loved ones from future eventualities, but you still don't buy coverage Financial planning involves visualizing the future. In what ways will the world change in 30 years? How much should you save for retirement? In which city should you buy a house? It’s important to keep seeking answers to these questions. The future’s an unpredictable place. You don’t want an unexpected turn of events to take you by surprise and catch you fin.. Read more

Know All About Income Tax Benefits Available Under Section 80C - Posted on: 11th June 2021

Have you fully utilised the income tax benefit available under Section 80C of the Income Tax Act.?. If not, it may be a great time to sort out your investments and curb your income tax outgo. Many wealth planners emphasise on the importance of income tax benefits available under Section 80C, often considered one of the most popular avenues to save money among salaried assessees. Every year, from wealth planners to chartered accountants to economists and the common man, all eagerly await any.. Read more

Close to the Nature:Eco Champions - Posted on: 10th May 2021

An increasing number of celebrities and conscientious citizens are undertaking green measures in a bid towards sustainable living. Celebrities from Dia Mirza to Gul Panag and Prakash Raj have gone the extra mile to create green houses that will inspire their fans to do the same. The trend of ecological responsibility is fast catching up among the elite set as several public figures are setting about remodeling their homes to keep the planet healthy. Celebrities from Dia Mirza to Gul Pa.. Read more

Coronavirus pandemic:The right way to Breathe - Posted on: 3rd May 2021

Breathing in through the nose is an integral part of meditation and delivers virus-fighting gases to the lungs Inhale through your nose and exhale through your mouth. It’s not just something you do in yoga class – breathing this way actually provides a powerful medical benefit that can help the body fight viral infections. The reason is that your nasal cavities produce the molecule nitric oxide, which chemists abbreviate NO, that increases blood flow through the lungs and boost.. Read more

Climate Change Spurs Doubling Of Disasters Since 2000: UN - Posted on: 2nd May 2021

Major disaster events had occurred between 2000 and 2019, claiming 1.23 billion lives, affecting 4.2 billion people and costing the global economy some $2.97 trillion. Geneva, Switzerland:  Climate change is largely to blame for a near doubling of natural disasters in the past 20 years, the United Nations said. The UN Office for Disaster Risk Reduction said 7,348 major disaster events had occurred between 2000 and 2019, claiming 1.23 billion lives, affecting 4.2 billion p.. Read more

1 Lakh+ Infants Died From Air Pollution In India during 2019: US Study - Posted on: 3rd January 2021

The estimates were produced by the US-based Health Effects Institute and the Institute for Health Metrics and Evaluation's Global Burden of Disease project. New Delhi:  Air pollution killed 476,000 newborns in 2019, with the biggest hotspots in India and Sub-Saharan Africa, according to a new global study that said that nearly two-thirds of the deaths came from noxious fumes from cooking fuels. More than 116,000 Indian infants died from air pollution in the first month of life,.. Read more

Centre Transfers First Instalment Of 6,000 Crore In GST Compensation To States - Posted on: 24th October 2020

The central government had last week agreed to borrow up to ? 1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections. The central government on Friday borrowed and transferred ? 6,000 crores on account of Goods and Services Tax (GST) compensation to states under the special borrowing plan, Finance Ministry said in a press release. The government borrowed the money at an interest rate of 5.19 percent. The tenor of borrowing is expected to be broad.. Read more

Wear A Mask always : PM Modi addressing on Festival Season - Posted on: 21st October 2020

Prime Minister Narendra Modi Until there is a vaccine, PM Modi said, no one can be complacent. "For the first time in years, there is an effort on war footing to save humanity. Our scientists are also working hard on a vaccine." New Delhi:  Prime Minister Narendra Modi said Tuesday in the festival season, citizens must not forget that while the lockdown is over, the coronavirus is not. "This is not the time to be careless. This is not the time to think that cor.. Read more

Many Steel Wire Units May Close Due To Raw Material Shortages : Industry Sources - Posted on: 19th October 2020

About 100 units in the organized sector that offer employment to about five lakh workers in the country are already operating below 50 percent of their rated capacity. Kolkata:  Steel wire makers, belonging to the labor-intensive small and medium enterprises (SME) sector, are facing acute raw material shortages that may lead to the closure of several units, a senior industry body official said on Sunday. About 100 units in the organized sector that offer employment to about five la.. Read more

Scientists Develop New Method To Block Coronavirus Replication - Posted on: 18th October 2020

The researchers, including those from the University of Texas Health Science Center at San Antonio (UT Health San Antonio) in the US, developed two molecules that inhibit the molecular "scissor" enzyme used by the coronavirus called SARS-CoV-2-PLpro. Houston:  Scientists have laid out an approach to block a protein that the novel coronavirus uses to cut and disable crucial components of the immune system and to produce copies of itself, an advance that may lead to new drugs .. Read more

World food day 2020: Top 5 mouth-watering street foods in India - Posted on: 17th October 2020

Street food of India World Food Day (16 th October) is a day that reminds us to take a step to ensure that no one sleeps hungry near us. Read our pocket-friendly plan to help the needy people around you. World Food Day 2020: October 16 is celebrated internationally in honor of the date of the founding of the Food and Agriculture Organization of the United Nations (FAO) in 1945. FAO is a UN organization that leads international efforts to defeat hunger. World Food Day is a.. Read more

Herd Immunity Approaches To Control COVID-19 "A Dangerous Fallacy": Scientists - Posted on: 16th October 2020

Any pandemic management strategy relying upon the population to develop immunity from natural infections for COVID-19 is flawed. London:  Managing COVID-19 by allowing herd immunity to develop in low-risk populations while protecting the most vulnerable is "a dangerous fallacy unsupported by the scientific evidence," warn an international group of 80 researchers in an open letter. The letter, published in The Lancet journal, referred to by its authors as the John Snow Mem.. Read more

Coronavirus Puts Global Fight Against Tuberculosis At Risk: WHO - Posted on: 15th October 2020

WHO chief Tedros Adhanom Ghebreyesus  The countries hit hard by tuberculosis such as India and South Africa have seen resources usually allocated to diagnosing and treating TB diverted to fighting coronavirus, the WHO said. Geneva:  The novel coronavirus pandemic threatens to reverse progress towards eliminating tuberculosis, until now the top infectious disease killer globally, the World Health Organization warned Wednesday. The countries hit hard by tuberculosis such as I.. Read more

IMF Slashes India Growth Forecast, Predicts Record Slump - Posted on: 14th October 2020

IMF forecasts that India's GDP will plunge 10.3 per cent this fiscal year ending on March 31, 2021, the biggest contraction since independence. India's economy will contract by a huge 10.3 per cent this year because of the coronavirus pandemic, the International Monetary Fund said Tuesday, the biggest slump of any major emerging nation and the worst since independence. Even before the pandemic, Asia's third-largest economy was struggling to gain traction, and the hit to global .. Read more

Market for concrete admixtures is expected to register a CAGR of over 6% during the forecast period (2019-2024). - Posted on: 11th October 2020

The market for concrete admixtures is expected to register a CAGR(Compound annual growth rate ) of over 6% during the forecast period (2019-2024). One of the key factors driving the market includes increasing demand for water usage and construction time. However, the rising prices of raw materials, like PCE (polycarboxylate ether)-based polymers, are likely to hinder the market growth. - Increasing construction activities across the world are also likely to boost the demand for concrete ad.. Read more

World Trade Body To Have Its First Woman Leader Soon - Posted on: 9th October 2020

They saw off competition from Britain's Liam Fox, Kenya's Amina Mohamed and Saudi Arabia's Mohammad al-Tuwaijri in the second round of the battle to become the next director-general of the WTO. Geneva, Switzerland:  The World Trade Organization is set to have its first female leader after Nigeria's Ngozi Okonjo-Iweala and South Korea's Yoo Myung-hee made it through Thursday to the final run-off, a WTO spokesman announced. They saw off competition from Britain.. Read more

Prime Minister To Launch Campaign For Covid Appropriate Behaviour - Posted on: 8th October 2020

The campaign will be launched with the aim to encourage people''s participation (Jan Andolan) New Delhi:  Prime Minister Narendra Modi will launch a ''jan andolan'' campaign for COVID appropriate behaviour on Thursday in view of upcoming festivals, winter season and opening up of the economy. The Prime Minister will launch the campaign by way of a tweet, a release issued by the Ministry of Information and Broadcasting said. The campaign will be launched .. Read more

Coal-fired plants Will Replace With Renewables :Power Minister - Posted on: 7th October 2020

India is the world's second largest coal consumer after China, and the third largest emitter of greenhouse gases. New Delhi:  India is planning to replace retiring coal-fired power plants with renewable generating capacity in a bid to cut the nation's carbon footprint, power minister RK Singh said on Tuesday. India is the world's second largest coal consumer after China, and the third largest emitter of greenhouse gases. Coal-fired plants currently account for over half.. Read more

Services Sector Slump Eases In India, But Job Losses Rise - Posted on: 7th October 2020

  The relaxation of lockdown rules in India helped the service sector move towards a recovery in September. Bengaluru:  The plunge in India's services sector activity eased considerably in September after the government lifted some coronavirus restrictions, but demand continued to contract, prompting firms to cut more jobs, a private business survey showed on Tuesday. Signs of stabilisation in services are likely to provide more comfort to policymakers after a sister surve.. Read more

"Atal Tunnel" :The man who made the ambitious project a reality Happens - Posted on: 6th October 2020

KP Purushothaman Chief Engineer, Border Roads Organisation the man who made the ambitious project a reality. He is a man who has not had time to talk even on the phone with his wife and children for years. He has been quite busy for a few years now as he had to sweat it out for the country day and night in a crucial project for India and its people, and especially for the Army.  India now boasts of the highest altitude tunnel in the world,.. Read more

As Cold Weather Approaches, 9 US States See Record Spike In COVID-19 Cases - Posted on: 5th October 2020

Health experts have long warned that colder temperatures driving people inside could promote the spread of the virus. Nine U.S. states have reported record increases in COVID-19 cases over the last seven days, mostly in the upper Midwest and West where chilly weather is forcing more activities indoors. On Saturday alone, four states - Kentucky, Minnesota, Montana and Wisconsin - saw record increases in new cases and nationally nearly 49,000 new infections were reported, the highest for a S.. Read more

Central Government has told the Supreme Court To Waive Compound Interest On Loans Up To 2 Crore - Posted on: 4th October 2020

The interest waiver will apply for loans taken by MSMEs and educational, housing, consumer goods, auto loans and credit card dues. New Delhi:  In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to ? 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic. The interest waiver will apply for loans taken by MSMEs (Micro,.. Read more

Atal Tunnel At Rohtang In Himachal Strategically Important Inaugurated by PM Modi - Posted on: 4th October 2020

New Delhi:  Prime Minister Narendra Modi on Saturday inaugurated the strategically important, all-weather Atal Tunnel in Himachal Pradesh that connects Manali to the Lahaul-Spiti valley and reduces travel time to Leh (in the Union Territory of Ladakh) by up to five hours. He was accompanied by Defence Minister Rajnath Singh, Chief of Defence Staff (CDS) General Bipin Rawat and Army Chief General MM Naravane, as well as Himachal Chief Minister Jairam Thakur. Describing the mome.. Read more

UP: 5 Policemen Suspended Over Mismanagement Allegations In Hathras Case - Posted on: 3rd October 2020

The investigators have also asked for a narco-analysis, also known as lie-detector tests, of all those involved including the arrested suspects and the family of the victim. Lucknow:  Five policemen, including the Superintendent of Police, have been suspended in Uttar Pradesh's Hathras district amid growing nationwide outrage over the death of a 20-year-old woman who was allegedly raped by a group of men from a so-called "upper caste" community. An initial report by t.. Read more

Second Virus Vaccine Passes Early Trials in Russia - Posted on: 2nd October 2020

Russian Health Minister Mikhail Murashko told President Vladimir Putin this week that Vektor's vaccine could be approved by the ministry in three weeks. Moscow, Russia:  Early clinical trials of a second Russian coronavirus vaccine have proved successful, its developer said Thursday after Russia boasted of approving the world's first vaccine. Russia's Vektor -- a top-secret state virology research centre in Siberia -- said that early-stage trials were successful for its.. Read more

Unlock5: Cinemas Permitted With 50% Seating, States To Decide On Schools and colleges - Posted on: 1st October 2020

Government also gave a go ahead to cinema halls, multiplexes, and exhibition halls, but their reopening will be tempered with certain restrictions. New Delhi:  Schools and colleges, shut since March as lockdown was announced across the country, will be allowed to re-open from October 15, the Centre said on wednesday while announcing the next phase of lifting of coronavirus-related restrictions. The final call, however, has been left to the states and the institutions involved. On.. Read more

WHO: Actual COVID-19 Death Count "Certainly Higher" Than 1 Million - Posted on: 1st October 2020

The real number is certainly higher. Thousands more are fighting for their lives in hospitals all over the world." Geneva:  Director-General of World Health Organisation (WHO) Tedros Adhanom Ghebreyesus on Wednesday said that the actual number of deaths due to COVID-19 is "certainly higher" than 1 million. Speaking at a high-level UNGA event, Tedros said, "One million people are confirmed to have lost their lives to this new virus. The real number is certainly h.. Read more

Remarks by World Bank President David Malpass at the UN General Assembly on Financing for Development - Posted on: 30th September 2020

Remarks by World Bank Group President David Malpass at the UN General Assembly High-Level Event on Financing for Development on 29th. Prime Ministers, Secretary-General Guterres, Managing Director Georgieva, Excellencies. I’m very pleased to be here today to see you all again in the discussion of development finance.  After months of meetings, I understand that your working groups are finalizing a menu. I’d like to update you on the World Bank’s development finance a.. Read more

COVID19- Lockdown a Force Majeure : Analysis to the Contractors during Lockdown - Posted on: 29th September 2020

COVID19- National wide - Lockdown Force Majeure : An Analysis In light of the COVID 19 situation in India, a lockdown is being enforced by Central and State Governments in most parts of the country and states with a clampdown : on movement of people, transport vehicles both locally and across states, directing closure of educational institutions, commercial establishments, non-essential businesses, industrial and manufacturing units among others with a view to curb and control the spread.. Read more

Apex Court Gives Central Government 1 More Week To Submit Loan Moratorium Plan - Posted on: 29th September 2020

The centre has set up an expert panel, under former Comptroller and Auditor General (CAG) Rajiv Mehrishi, to look into the issue New-Delhi: The Supreme Court on Monday allowed the government one more week to come up with a plan on loan moratorium to ease the financial burden on borrowers during the coronavirus crisis. The top court, which had asked the government to submit its plan on September 28, deferred the hearing till October 5 after the government sought more time. The three-ju.. Read more

Hike The Resale Value Of Your Property - Posted on: 27th September 2020

It is not just the investors whose happiness knows no bound in the knowledge that the world of their investment property is going steadily day by day. Those who buy the house for self-use are equally elated by this same knowledge. Just in case they were to sell it, they would earn much more than they invested. A homeowner in fact would be even more excited to feel on a par with what the world of finance knows as smart investors. This proud property owner could also depend on the fact tha.. Read more

IIT Delhi And ILBS initiated To Solve Challenges In Medical Practice And Health Services - Posted on: 27th September 2020

Indian Institute of Technology (IIT) Delhi and Institute of Liver and Biliary Sciences (ILBS), Delhi, have signed an agreement to establish a platform to initiate collaborations involving academic, research, product, process and human resource development. New Delhi:  The Indian Institute of Technology (IIT) Delhi and Institute of Liver and Biliary Sciences (ILBS), Delhi have signed an agreement to establish a platform to initiate collaborations involving academic, research, product, .. Read more

Legendary Singer Padma Bhushan S P Balasubrahmanyam Dies @ 74 - Posted on: 26th September 2020

Chennai:  Legendary singer SP Balasubrahmanyam died in a Chennai hospital after almost 50 days of treatment. He was 74. Mr Balasubrahmanyam had been in hospital since August 5. The funeral will be held on Saturday morning before which a public homage will be allowed. Tributes to S P Balasubrahmanyam poured in on social media soon after Mr Balasubrahmanyam's son S P Charan announced his death. Eulogy posts were shared by two of Mr Balasubrahmanyam's most frequent collabo.. Read more

China increases share in Indian imports despite resistance - Posted on: 25th September 2020

Despite the drop in demand post lockdown and the general resentment towards Chinese products after Ladakh incursion, China increased its share in imports into India. Imports from the dragon country came down only by 29 per cent between April and August this year compared to 48 per cent decline in overall imports. During the lockdown months of April and May and even during the initial months of unlock, imports in general and especially those from China faced several issues. During these months.. Read more

Bill Gates: Work from home culture to continue even after pandemic ends - Posted on: 25th September 2020

Bill Gates, who co-founded Microsoft and the Bill and Melinda Gates Foundation, said he has not travelled for work this whole year. The work from home culture has worked well and many companies will continue with the system even after the coronavirus pandemic ends, billionaire philanthropist Bill Gates said on Wednesday. Various parts of the world have been under strict lockdowns following the COVID-19 outbreak, forcing organisations to let their employees work from home. "It is amazing t.. Read more

Johnson And Johnson Begins Final Trial for Covid Vaccine.? - Posted on: 24th September 2020

The company expects results of the Phase III trial by year end or early next year, Dr. Paul Stoffels, J&J's chief scientific officer Chicago:  Johnson & Johnson on Wednesday kicked off a final 60,000-person trial of a single-shot COVID-19 vaccine that potentially would simplify distribution of millions of doses compared with leading rivals using two doses. The company expects results of the Phase III trial by year end or early next year, Dr. Paul Stoffels, J&J's.. Read more

Why Some Parties Oppose The New Farm Laws: Highlights - Posted on: 23rd September 2020

New Delhi: Amid scenes of chaos and uproar, the Rajya Sabha passed two of a set of three controversial bills related to India's agriculture sector. The bills, which replace ordinances issued in June, were passed amid fierce protests by farmers' groups - particularly in the grain bowl states of Haryana and Punjab. The Narendra Modi government has said the farm bills, as they have come to be known, empower small and marginal farmers by allowing them access to markets and prices of their.. Read more

Artificial Intelligence (AI) fueled technology for India’s construction industry? - Posted on: 22nd September 2020

The technology evolution across various industries, it has often been a cause of concern that the global Construction industry, which is amongst the largest industries in the world and estimated to be around $10 trillion, has consistently lagged behind other industries in deriving the two most important benefits from technology: higher productivity and lower costs. An analysis of labor productivity trends in the US showed that productivity has actually declined for construction in the last 50 ye.. Read more

WHO Endorses Protocol For Coronavirus Herbal Medicine Trials - Posted on: 21st September 2020

WHO experts and colleagues from two other organisations "endorsed a protocol for phase III clinical trials of herbal medicine for Covid-19 Brazzaville, Congo:  The World Health Organization endorsed Saturday a protocol for testing African herbal medicines as potential treatments for the coronavirus and other epidemics. Covid-19 has raised the issue of using traditional medicines to battle contemporary diseases, and the endorsement clearly encouraged testing with criteria simil.. Read more

Importance Of Non-Encumbrance Certificate - Posted on: 20th September 2020

Have you asked the seller about the encumbrance certificate for the property you plan to buy? When you invest in real estate, it is important to ascertain that the property you plan to buy does not have any pending monetary dues. To ensure this and have a clear property title, you must obtain a non-encumbrance certificate from the office of the Sub-Registrar of your city. Why you should have non-encumbrance certificate The bank will ask the buyer for a non-encumbra.. Read more

Insolvency Proceedings Against Corporate Debtors Can Go Together: Finance Ministers - Posted on: 20th September 2020

New Delhi:  Finance Minister Nirmala Sitharaman said on Saturday that law provides for carrying out insolvency and bankruptcy proceedings against corporate debtors as well personal guarantors together. She was responding issues raised on the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 in a debate in the Rajya Sabha, which passed the proposed legislation to replace an ordinance in this regard with a voice vote. "The corporate debtor often has guarantors. So for co.. Read more

Economy Heading For Double-Digit Decline As Virus Spikes - Posted on: 19th September 2020

Asian Development Bank have recently cut India's growth projections from already historic lows as the virus continues to spread. India's economic recovery prospects have gone from bad to worse after the nation emerged as a new global hotspot for the coronavirus pandemic with more than 5 million infections. Economists and global institutions like the Asian Development Bank have recently cut India's growth projections from already historic lows as the virus continues to spread. G.. Read more

"Alarming Rates Of Transmission is a wake-up call for all of Virus In Europe": WHO - Posted on: 18th September 2020

The health body also said it would not change its guidance calling for a 14-day quarantine period for anyone exposed to the novel coronavirus. Copenhagen, Denmark:  The World Health Organization warned Thursday of "alarming rates of transmission" of Covid-19 across Europe and cautioned countries against shortening quarantine periods. The WHO's regional director for Europe Hans Kluge said the number of coronavirus cases seen in September "should serve as a wake-up.. Read more

Demand Surges Jindal Steel To Produce 19% More Steel This Year - Posted on: 18th September 2020

Jindal Steel and Power Ltd (JSPL), one of the country's top steel makers, expects to produce a record 7.5 million tonnes of the alloy this fiscal year, betting on buoyant overseas and domestic demand, a top company official said on Thursday. JSPL aims to produce 19 per cent more steel in the year to March 2021, as it expects an eight-fold increase in its export orders, Vidya Rattan Sharma, managing director of JSPL told Reuters in an interview. The company is likely to export 2.5 milli.. Read more