affordability

NEW DELHI: DLF ChairmanRajiv Singh remains bullish on India's housing sector and expects strong sales momentum to sustain on the back of rapid urbanisation, improved affordability and aspirational need.Singh also noted that the sector is…

DETROIT – General Motors is positioning two new crossovers from Chevrolet and Buick as its answer to affordability issues left by discontinued, cheaper sedans.Affordability has increasingly become a concern among investors and consumers.…

Grab, the prominent ride-hailing and food delivery app, is taking a significant step by cutting 1,000 jobs, which amounts to approximately 11 per cent of its workforce, as reported by the BBC. The decision, according to CEO Anthony Tan, is…

India has a relatively high level of general government debt, estimated at around 81.8 per cent of GDP for 2022-23, compared with the Baa-rated median of around 56 per cent. (Photo: Reuters)Moody's says India's fast-growing GDP, which is…

A technician from Karachi Electric , Pakistan's largest city's power supply company, checks electricity meters at a residential building in Karachi, on May 13, 2010. — AFP A recent study, conducted by the Institute of Policy Studies…

PSP argued that high land cost is the reason for high BTO prices in mature housing estates. It said that the Government could further lower the BTO prices if HDB could purchase land from the state at historical prices.  The Government…

PTI New Delhi, February 5Economic Affairs Secretary Ajay Seth has said that the Reserve Bank of India (RBI) has prepared a draft Bill for setting up a National Financial Information Registry (NFIR) with a view to improve accessibility…

Last Updated: February 05, 2023, 12:49 ISTThe Reserve Bank has already prepared the draft bill which is currently being deliberated upon.The proposal to set up a credit repository was discussed by Finance Minister Nirmala Sitharaman at the…

'Every new car is a luxury purchase'Part of the problem is that more Americans want expensive SUVs and pickups with all the options, he added, which can cost as much as 40% more than the base price.Over the last decade, luxury shoppers have…

Education technology giant Bjyu's has said it will stop selling tuition to poorer families who may struggle to afford it, according to India's child rights body, which summoned the company's CEO on Friday to answer over a Context…