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The Land Mafia and Real Estate Developers comprising State Level IL-literate and Greedy Politicians working in Oligarchic setup are begging with the Government to bail them out as artificially high land prices and interest costs weigh on them heavily.

The Real Estate Lobby has put the following demands before the Government,

As in earlier days, include stamp duty and other taxes in the flat cost for the purpose of home loans. Taxes contribute 9-14% of the cost for buying an apartment. Increasing the ambit of loans to include taxes will benefit buyers. Reduce the risk weightage to the sector. Commercial real estate loans are assigned 125% weightage and are considered riskier (sensitive sector), hence the

We expect rating agencies to upgrade their outlook for India under the most able Prime Minister of India Shri Narendra Modi sooner rather than later.

We see 3 compelling reasons to expect at least an outlook upgrade for India. First, growth is bottoming out. Second, inflation is fading. Third, risks from twin deficits have proven to be overdone.

India Economic Growth
We grow more confident of our call that the slowdown in growth has been largely driven by the global downcycle rather than domestic structural issues. In fact, growth is bottoming out far higher than Brazil or Russia. We continue to reiterate our

The Indian Government headed by Shri Narendra Modi Ji presented its rail budget today, which was closely watched for any clues as to the Union budget due on 10 July. Overall, the government presented a sensible budget as the new railway minister focused on the commercial aspects of Indian Railways (IR) and proposed baby steps, but in the right direction. Key focus areas are,

Revamping the organization: Indian Railways – IR will utilize its scarce resources in doubling and tripling the number of lines on

Read moreNaMo Govt to Build Diamond Railway Quadrilateral – Realistic Budget

On a day when the BJP President Rajnath Singh was contesting his election from the city of Lucknow for the parliament of India, the American flag was flown over the U.S. Capitol in his honor.

“We are thankful to have the cooperation of friends of India in the U.S. Congress who today honored Mr. Rajnath Singh by flying the American flag on U.S. Capitol. This important symbol recognizes the leadership of Mr. Singh in building the BJP party from strength to strength”, the US India Political Action Committee (USINPAC) said in a statement.

A copy of the press release issued by the office of Congressman Eni F.H. Faleomavaega, Ranking Member of the House Foreign Affairs Committee. The certificate accompanying the flag reads as follows:

The Bharatiya Janata Party (BJP) released its manifesto and the Indian media has blown out of proportion certain things like Uniform Civil Code and Construction of Ram Mandir which are not the Central Theme of the BJP manifesto (Copy of Which is Sent to us by the BJP Manifesto Cell]

The Political Think tanks banking the candidature of the Mass Leader Shri Narendra Modi have roped in several leading Economists from India to give a direction to better address the Cores Issues of Inflation, Job Creation, Balanced Development of Infrastructure, etc. Based on their recommendations here are the key excerpts,

Check inflation by setting up a price stabilisation fund, unbundling the Food Corporation of India, disseminate real-time data to farmers and evolve a single National Agriculture Market.

Promote job creation by developing labour-intensive manufacturing (textile, footwear, electronics assembly etc.), tourism, agriculture,

First phase of the General Elections in India will start from 7th April and will continue till 12th May with results being announced on 16th May. We have seen the final set of opinion polls come out over the past week. The latest opinion polls suggest that BJP continues to be the front runner to form the next govt. The polls suggest two positives for them – BJP has increased its estimated seat tally from 192-210 seats (in the polls 4 weeks ago) to 206-218 seats; (b) More significantly, the NDA (BJP led alliance) has seen its estimated seat share increase from