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Breaking Brief

House buyers to be spoilt for choice
In view of the ongoing boom in the property market, especially in the housing sector, real estate companies are planning to use most of their land bank for housing projects. Most of the land bought by developers in the last 15 months will be used for housing.
Realty companies healthier now
The report of real estate advisory company Anarock shows that the demand for houses has increased. Home sales have increased. This is the reason that the debt on real estate companies has come down.
Sharp rise in credit card defaults in FY23
The RBI has been alerting banks to be cautious while extending loans to this segment of borrowers. Usually, credit cards are issued after assessing the creditworthiness of an individual since it an unsecured loan.
No family secrets now: Sebi
Sebi has mandated that all family agreements which may have impact on the markets, will have to be disclosed to the stock exchanges
IPOs witnessed flat listing in SME board
Two SMEs made a subdued debuty on the stock market
Zepto might become the first unicorn of 2023
Zepto operates in the quick commerce domain, the demand for which shot up during the pandemic when people depended on these for delivery of sundry items. It promised delivery in 10 minutes.
Why Delta tanked 23% and Nazara 3.3%?
Shares of gaming companies were in spotlight on Wednesday with Nazara and Delta Corp facing the brunt
Retail inflation again on its way up
The new inflation figures and the raging prices of vegetables will make it difficult for RBI to go in for a rate cut
Top-up loans to ease burden of stuck projects
Reserve Bank of India exploring a special tool designed to empower banks to offer additional finance to customers who have been granted restructuring of home loans. The objective is to push real estate projects stuck towards completion.
Online gaming, casinos to face 28% GST
Food and beverages consumed within cinema hall will now be charged a GST of 5%

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