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Despite the scepticism, Indian equity will surprise you in 2019

Despite scepticism on the Street, we look forward to 2019 with a fair bit of optimism.HighlightsMost of the reforms are game changers.Underlying macro-economic trends indicate that significant shifts have taken place through the year.While valuations in mid and smallcaps have moderated significantly, they are still not cheap at aggregate levels.By Pankaj Murarka Once again, it’s…

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economy
Rajkot urban development body okays 36 new town planning schemes

RAJKOT: The Rajkot Urban Development Authority (RUDA) in it’s budgetary meeting on Monday approved 36 new town planning (TP) scheme which will be proved boost for the real estate sector in developing areas where the city is expanding currently.Currently the city is developing on western side which is Kalavad Road. But the villages in RUDA…

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economy
Rajasthan’s rural development department sets target of 4,365 PMAY houses each day

JAIPUR: Expressing displeasure over the pace of work, the rural development and Panchayati Raj department has written to all the district collectors and has ordered them to build 4,365 houses under Pradhan Mantri Awas Yojana each day to meet the target of 1,78,965 houses, which is incomplete, by January 31, 2019.In a letter issued by…

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economy
Pune development body to demolish 900 unauthorized buildings

PUNE: Nearly 900 structures in the PMRDA region will be demolished in the new year for want of necessary permissions.Pune Metropolitan Region Development Authority (PMRDA) officials said notices have been issued to the owners of 466 illegal structures after due process. “The illegal structures are primarily located in Narhe, Ambegaon, Hinjewadi, Maval, Khed, Manjari and…

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