Today Global

Masala bonds are offered and settled in the US dollars to raise Indian currency from global investors for infrastructure development to be undertaken in India. It, therefore, is beneficial for offshore investors who are looking at an exposure in Indian assets. With housing finance companies issuing masala bonds, revival for real estate may be on the cards.

From its previous ranking of 143 on The Heritage Foundation’s Index of Economic Freedom in 2017, India is placed at the 130th spot this year, a jump of 13 positions. However, reforms undertaken by the government to improve the state of affairs have yet to make the desired impact. Unclear land titles are one of the major challenges India faces today, the report indicates.

To fight the rising air pollution levels across the country, ahead of the Earth Day on April 22, the Centre has launched the National Clean Air Programme. Under the project, state-level committees will be formed that would include scientists and trained professionals who would collect authentic data, form action plan and implement it. All of this will be monitored by an apex committee formed under the environment ministry.

Home loan is a pre-requisite to buy a residential property for most of us today. However, the mere mention of the subject makes many anxious as the process involves a whole lot of documentation and verification. There is absolutely no need to panic — you only need to have some basic documents to secure a home loan. They are generally available with you and you only have to put them together. Let us have a look at what all you need.

According to the Central Ground Water Board, groundwater level has declined by 61 per cent between 2007 and 2017. In the CGWB report, Punjab was listed as the highest groundwater exploited state in India followed by Rajasthan, Delhi and Haryana.