mohua

Per mohua guidelines, city requires 1,200 buses, but has 12% of required fleet strength

New PMAY-U 2.0 guidelines offer a 4% interest subsidy on housing loans up to Rs 8 lakh for urban poor and middle-class families. Aiming to support one crore families by 2029, the scheme also includes provisions for women-led ownership and affordable rental housing, enhancing urban living standards and access to homes.

Middle-income families dreaming of homeownership can find relief through the Credit Linked Subsidy Scheme (CLSS) under PMAY-Urban. Launched in 2017, it offers interest subsidies on home loans for eligible households earning between Rs 6 lakh and Rs 18 lakh annually. The scheme aims to make housing more affordable by reducing EMIs.

For countless individuals, the dream of owning a home seems increasingly out of reach due to escalating prices and limited access to financing. In response, governments are launching a spectrum of housing initiatives.

City had topped state list last year; stood at 14th position out 446 cities nationally

US insurer The Standard has launched its first global capability centre in Bengaluru, aiming to boost software engineering, AI, and enterprise platforms. This strategic move signifies a deep dive into in-house technology expertise, focusing on innovation and design rather than just system maintenance.

In March, SIP inflows saw a record high of around INR32,000 crore even though the markets were down 10%. But fund managers say if retail investors don’t see returns for another 18 months, most of them will start pulling back.