homebuyers

Homebuyers paid Rs 2.06 crore but got no flat, builder said payments meant accepting delay; Bombay HC orders interest payout from 2017 saying RERA allows for unconditional right to monthly interest

The Bombay High Court examined whether accepting delayed performance could deprive homebuyers of their right to interest under Section 18 of RERA. (Image for representative purpose only) What happens if the possession of your dream home is delayed? You buy an apartment, sign an agreement, make the necessary payments, but the builder repeatedly fails to…

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capital gains exemption for property

Man sold his house and bought a Rs 1.10 crore flat jointly with wife; income tax department denies Rs 55.48 lakh capital gains exemption for half the amount, but ITAT Mumbai gives full relief

The Assessing Officer restricted the deduction by approximately Rs 55 lakh. (Image for representative purpose only) You sell a property and reinvest the money you get from the sale in another property, and claim capital gains exemption in your income tax return. The catch however is that the property you buy as a replacement is…

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india nz trade

India-New Zealand FTA to take effect from Oct 20; target to double trade to $7bn by 2030 | India News

India gets 100 per cent duty-free access for its goods exports to New Zealand. NEW DELHI: The Free Trade Agreement between India and New Zealand will be enforced on Tuesday (October 20), allowing duty-free access to Indian goods across Wellington’s entire market.The announcement comes from a ministry of commerce and industry presentation, cited by ANI.Labour-intensive…

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global container freight prices surge 130

Global freight costs surge 130% as Middle East tensions continue to rattle shipping routes: Report

Global container freight rates have surged by 130 percent Global container freight rates have climbed 130% since February 2026, with renewed tensions in the Middle East driving up shipping costs. India’s container-based export-import trade, however, continues to expand, according to a Jefferies report.The surge marks a reversal after a prolonged period of easing freight rates….

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us rubio

‘Geography is real’: Rubio says India-US trade deal close, explains Trump admin’s stance on Russian oil

US Secretary of State Marco Rubio NEW DELHI: US secretary of state Marco Rubio on Monday said that India and the US are close to finalising a trade deal. He also explained the reason behind Washington’s consideration of India energy needs before imposing sanctions or tariffs linked to Russian oil.Speaking to reporters in Samarkand, Uzbekistan,…

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rent a house in up

Renting a house in UP? Proposed Rs 1,000 stamp duty on Rs 2 lakh annual rent aims to cut costs, boost registered rent agreements and protect tenants and landlords, here’s how

One drawback of verbal or unregistered rental arrangements is the difficulty of establishing proof. (Image for representative purpose only) Recently, the Uttar Pradesh government announced plans to revamp the state’s tenancy rules, including changes to the stamp duty and registration charges that are applicable to rental agreements.At a press conference, Ravindra Jaiswal, Minister of State…

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sugar stocks slip after govts latest ethanol procurement tender

Sugar stocks tumble today: Bajaj Hindusthan, Renuka Sugars plunge up to 5%; here’s why

Sugar stocks slip after govt’s latest ethanol procurement tender NEW DELHI: Sugar stocks turned sour on Monday, tumbling over 5% after the government halted sugar-based ethanol supplies for 2026-27.Bajaj Hindusthan Sugar led the losses among the listed companies, with its shares falling 5.22% to Rs 20.16 on the Bombay Stock Exchange in early trade. Dwarikesh…

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