That the rich are getting richer, while the poor and elderly are left behind in spite of the government’s frequent boasts of economic success.
Union Properties, the master developer behind Dubai’s Motor City district, reported a 32 per cent increase in third quarter losses due to lower revenues and a loss incurred on the value of financial assets it holds.
LIC Housing Finance Ltd. has set a target of disbursing Rs 55,000 crore worth loans during the current financial year, a top official said on Saturday.
In other words, the bubbling up of asset prices is increasingly dependent on central banks keeping the liquidity taps open.
The recent two-day visit of Egyptian President Abdel-Fattah al-Sisi to the United Arab Emirates (UAE) and his meeting with Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan resulted in a joint investment deal worth 20 billion U.S. dollars in economic and social projects.
The auction result offers a peek into the growing speculative bubble in Beijing’s property market, a development that has defied more than two years of policymakers’ attempts to control.
Kennedy Wilson has submitted a planning application for over 390,000sq ft of office space in Dublin’s north docklands.
Whether you’ve done it before or not, the challenge of buying a home can seem so daunting that it’s tempting to either just go with the first place that falls in your price range or continue to rent.
Finance minister Nirmala Sitharaman on Friday said the Centre is set to raise the insurance cover for bank deposits beyond the current level of Rs 1 lakh, while amending the law to improve RBI’s oversight on multi-state co-operative banks.
IT WAS a crisp autumn morning and Tom Wilson was contemplating the latest sign that the world of finance had turned upside down.