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Modi eyes real estate assets in drive against corruption

New Delhi: Prime Minister Narendra Modi has quietly plugged a tax loophole used by the wealthy to buy real estate in someone else’s name as part of his campaign against corruption, a senior tax official said on Monday.While the focus of his administrati.....»»

Category: real-estateSource: SIFYDec 26th, 2016Related News

Real Estate: The year that saw the biggest changes in decades

As a landmark year for the country - and the real estate industry - draws to a close, it's time to analyze what happened in 2016 and what to expect in 2017. For the real estate industry, 2016 saw the biggest changes in decades, especially on the policy fr.....»»

Category: real-estateSource: SIFYDec 26th, 2016Related News

China"s property curbs set to stay in place in 2017: government think tank

A slew of property curbs introduced this year in China's biggest cities are likely to be kept throughout 2017, while Beijing looks to develop a long-term mechanism to stem speculation, a government think tank was reported as saying on Monday.Soaring house.....»»

Category: real-estateSource: SIFYDec 26th, 2016Related News

China"s war on smog sends shivers across commodities sector

By Josephine Mason and Muyu Xu BEIJING (Reuters) - China's crackdown on exhaust-spewing factories that shut or slashed output this week at sites including steel mills, textile and cement factories and coal-fired power plants will ripple across major bulk.....»»

Category: real-estateSource: SIFYDec 23rd, 2016Related News

How Deutsche"s big bet on Wall Street turned toxic

By Edward Taylor FRANKFURT (Reuters) - Deutsche Bank's pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the extent of its decline since 2008 when its then chief executive claimed it was one of the "strong.....»»

Category: real-estateSource: SIFYDec 23rd, 2016Related News

Wealth inequality on the rise in the euro zone - ECB survey

FRANKFURT (Reuters) - The concentration of wealth among the euro zone's richest has increased since the bloc's debt crisis began, with poor families suffering the biggest drop in asset values, a survey released by the European Central Bank showed on Frida.....»»

Category: real-estateSource: SIFYDec 23rd, 2016Related News

Indian Real Estate: A Review of 2016 and Peering into 2017

As a landmark year for the country - and the real estate industry - draws to a close, it's time to analyze what happened in 2016 and what to expect in 2017. For the real estate industry, 2016 saw the biggest changes in decades, especially on the policy fr.....»»

Category: real-estateSource: SIFYDec 23rd, 2016Related News

China"s Xi calls for wide-ranging measures to regulate hot property market

BEIJING (Reuters) - President Xi Jinping said China's approach to regulating its red-hot property market will include financial, fiscal, tax, land, and regulatory measures as Beijing looks to develop a long-term mechanism for an industry prone to speculat.....»»

Category: real-estateSource: SIFYDec 22nd, 2016Related News

EXCLUSIVE: China insurance regulator tightening new license issuance - sources

By Sumeet Chatterjee and Michelle Price HONG KONG (Reuters) - China's insurance regulator is making it much tougher for insurers to get new licenses as it seeks to reduce risks resulting from the aggressive business and investment practices of some playe.....»»

Category: real-estateSource: SIFYDec 22nd, 2016Related News

Exclusive - U.S. proposed $5 billion-7 billion penalty on Credit Suisse on toxic debt: source

By Joshua Franklin, Oliver Hirt and Karen Freifeld ZURICH/NEW YORK (Reuters) - The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to.....»»

Category: real-estateSource: SIFYDec 19th, 2016Related News

Exclusive - U.S. proposed $5-7 billion penalty for Credit Suisse on toxic debt: source

By Joshua Franklin, Oliver Hirt and Karen Freifeld ZURICH/NEW YORK (Reuters) - The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to.....»»

Category: real-estateSource: SIFYDec 19th, 2016Related News

Exclusive - U.S. proposed $5-7 billion penalty for Credit Suisse on toxic debt: -source

By Joshua Franklin, Oliver Hirt and Karen Freifeld ZURICH/NEW YORK (Reuters) - The U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities in the run-up to.....»»

Category: real-estateSource: SIFYDec 19th, 2016Related News

Deals of the day-Mergers and acquisitions

(Adds Sky, Vonovia, Masraf Al Rayan, Icahn Enterprises, Sanofi,Intesa Sanpolo) Dec 19 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 2100 GMT on Monday: ** Rupert Murdoch said he had never asked a British primemini.....»»

Category: real-estateSource: SIFYDec 19th, 2016Related News

China’s moves to cool home-price spike kick in, but issues linger

BEIJING (Reuters) - China's home prices rose at a slower pace in November as government lending curbs took out some heat in major cities, but a supply shortage in some places and sizable inventories elsewhere underscored challenges policymakers face tryin.....»»

Category: real-estateSource: SIFYDec 19th, 2016Related News

Deutsche Bank could settle U.S. penalty this week - source

By Andreas Kröner and Karen Freifeld FRANKFURT/NEW YORK (Reuters) - Deutsche Bank could agree this week to a penalty with the U.S. Department of Justice for allegedly misleading investors when selling mortgage-backed securities, one person with direct k.....»»

Category: real-estateSource: SIFYDec 19th, 2016Related News

China"s November home prices show government curbs starting to cool sharp rally

BEIJING (Reuters) - China's home prices slowed further last month as a raft of curbs cooled a furious price rally, but a supply shortage in parts of the nation and sizable inventories elsewhere underscored the challenges facing policymakers as they try to.....»»

Category: real-estateSource: SIFYDec 19th, 2016Related News

U.S. housing starts tumble from 9-year high; permits suggest strength

By Lucia Mutikani WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in November, tumbling from a nine-year high as construction activity declined broadly, the latest sign of slower economic growth in the fourth quarter. But the housing ma.....»»

Category: real-estateSource: SIFYDec 16th, 2016Related News

China vows to contain asset bubbles, avert financial risk in 2017

BEIJING (Reuters) - China will stem the growth of asset bubbles in 2017 and place greater importance on the prevention of financial risk, while keeping the economy on a path of stable and healthy growth, media said, citing leaders at an economic planning .....»»

Category: real-estateSource: SIFYDec 16th, 2016Related News

ECB sees no need to enhance measures to fight asset bubbles

FRANKFURT (Reuters) - The European Central Bank will not ask euro zone countries to beef up measures to curb asset bubbles, it said on Thursday, even as it warned about rising property prices and household debt in some countries. With ECB rates deep in .....»»

Category: real-estateSource: SIFYDec 15th, 2016Related News

ASIA CREDIT CLOSE: Sovereigns widen, LGFVs fall after US rate rise

SINGAPORE, Dec 15 - Asian credits were generally widerfollowing the overnight surge in US Treasury yields. The strongreaction to the Federal Reserve's indication that it could raiserates up to three times next year was a surprise, consideringthat the like.....»»

Category: real-estateSource: SIFYDec 15th, 2016Related News