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South Korea expects revenue from real estate tax to be three times higher in 2021

GENERAL NEWS /

SEOUL: A revision to South Korea’s real estate holding tax law will help the government collect 5.7 trillion won ($4.8 billion) in such taxes in 2021, the finance ministry said on Monday, a three-fold increase compared to 2020. The government revised the law last year, increasing the holding tax rate for homeowners, as part of […]

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Amazon birds becoming smaller longer winged due to climate change

GENERAL NEWS /

WASHINGTON: Even the wildest parts of the Amazon untouched by humanity are being impacted by anthropogenic climate change, according to new research. Hotter, drier conditions over the past four decades are decreasing the rainforest birds’ body size while increasing their wingspans, a study published in the journal Science Advances said Friday. The changes are thought

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Greta Thunberg says COP26 limited to ‘blah blah blah’; UN chief warns ‘catastrophe’ close

GENERAL NEWS /

PARIS: UN Secretary General Antonio Guterres warned of an impending “climate catastrophe”, while environmental campaigner Greta Thunberg dismissed Saturday’s COP26 climate conference deal as “blah, blah, blah”. And even those who welcomed the deal in Glasgow said a huge amount of work remained to be done. Guterres acknowledged the shortcomings of the agreement, in a

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sustainability: UN other agencies aim to standardize measurement of environmental impacts

GENERAL NEWS /

ZURICH: Major multilateral organisations will launch a new initiative next week aimed at developing a system of standards for companies, investors and financial institutions to measure their impact on global sustainability. The new Impact Management Platform is founded by organisations including four UN agencies, the Organisation for Economic Co-operation and Development (OECD) and the World

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Canada flood shows how climate change could fuel atmospheric river storms

GENERAL NEWS /

Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger — and possibly more destructive — because of climate change, scientists said. Columns in the atmosphere hundreds of miles long carry water vapor over oceans from the tropics to more temperate regions in amounts more than double

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Lower base: NBFC loan sanctions pick up in Q2 but below last year’s levels

GENERAL NEWS /

A data sheet released by industry association Finance Industry Development Council (FIDC) showed that NBFCs sanctioned loans worth Rs 2.17 lakh crore during the quarter ended September 2021, down 9% from the value of sanctions made in Q2FY20. The value of loans sanctioned by non-banking financial companies (NBFCs) rose 17% on a year-on-year (y-o-y) basis

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Revival scheme: MTNL BSNL assets worth Rs 970 crore to be monetised

GENERAL NEWS /

“This is the first stage of asset monetisation at MTNL and BSNL. Bids have been invited for BSNL assets worth Rs 660 crore and MTNL assets worth Rs 310 crore. We plan to complete the entire process within one-and-half months,” BSNL chairman and managing director PK Purwar said. The Department of Investment and Public Asset

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IDFC First Bank leases Citibank’s erstwhile HQ tower in Mumbai’s BKC from Mindspace REIT

GENERAL NEWS /

Mindspace Business Parks REIT has leased out an entire commercial building–Citibank India’s erstwhile headquarters in Mumbai’s business district Bandra-Kurla Complex (BKC)–to for a nine-year term, people aware of the development said. K Raheja Corp and Blackstone Group-backed listed Mindspace REIT had acquired the building, The Square BKC, a marquee structure, from Citibank in 2019 for

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Every smart investor should know about these 5 parallels between cricket & investing!

GENERAL NEWS /

What brings our country together? A tough cookie to crack, especially when the entire country is so diverse. But if you are keeping a tab on the ongoing sporting events, you’d know the apparent answer. Apart from the usual Bollywood blockbusters, cricket as a game makes all of India come together as one. Especially if

Every smart investor should know about these 5 parallels between cricket & investing! Read More »

increasing interest on home loan make the budget of the house

GENERAL NEWS /

आवास ऋण यानी होम लोन की दरें कई दशक के निचले स्तर पर हैं, लेकिन इनमें वृद्धि की शुरुआत हो गई है। निजी क्षेत्र के कोटक महिन्द्रा बैंक ने पिछले दिनों होम लोन की ब्याज दरों में इजाफा किया है। कई अन्य बैंक की इस तरह का कदम जल्द उठा सकते हैं। ऐसा होने से आप

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Rs 200 crore fraud case : Conman Sukesh Chandrashekhar confessed to leading a luxurious life states Delhi Police charge sheet

GENERAL NEWS /

दिल्ली पुलिस ने 200 करोड़ रुपये के कथित धोखाधड़ी मामले में आरोपी शातिर ठग सुकेश चंद्रशेखर (Sukesh Chandrashekhar ), उसकी पत्नी लीना मारिया पॉल और अन्य सहित 14 आरोपियों के खिलाफ पटियाला हाउस कोर्ट में अपनी चार्जशीट दायर कर दी है। इस चार्जशीट में दिल्ली पुलिस ने कहा है कि सुकेश चंद्रशेखर ने कबूल किया कि

Rs 200 crore fraud case : Conman Sukesh Chandrashekhar confessed to leading a luxurious life states Delhi Police charge sheet Read More »

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