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BC Hydro, McLeod Lake Indian Band reach agreement on 1,100-MW Site C hydroelectric project

Canadian utility BC Hydro and the McLeod Lake Indian Band have forged an agreement that will give the aboriginal group "economic development opportunities and other benefits" related to the construction and operation of the Site C hydroelectric project.




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Indian Cabinet approves US$854.4 million investment for 900-MW Arun 3 hydropower project located in Nepal

India’s Cabinet Committee on Economic Affairs announced today it has approved investment for the generation component of the 900-MW Arun 3 hydropower project on Arun River in Sankhuwasabha district of eastern Nepal, for an estimated Rs. 5723.72 crore (US$854.4 million).
 




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Webinar on Discovering the Indian Agtech Story, Part 3

Participate in Austrade's webinar, the third in a series of 5 on India’s Agtech sector, will provide an insight into the dynamic disruption of conventional agriculture value chain from the perspective of a Venture Capital Fund.




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Indian wind farm developers face troubling delays in getting projects built

India has drawn global attention since it started awarding wind power projects at record-low tariffs, spurring optimism that renewable energy could supplant the nation’s abundant coal resources in electricity generation.




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Indian government to declare large hydropower projects a renewable energy source

The Indian government’s Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved measures to promote the hydropower sector that include declaring large hydropower projects to be part of the non-solar renewable purchase obligation (RPO).




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Insight – The emerging Indian retail landscape

As many Australian clients know, India announced a 21-day lockdown across the entire country, commencing on March 24. At this point, this is the largest lockdown in the world affecting more than a billion people. On April 14, this lockdown was extended until May 3.




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Insight - Fresh Prospects in Indian Mining: Mine Development & Operations

Recent changes in the Indian Government’s approach to mining has opened up opportunities for private sector involvement in the sector, including international METS firms.




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Insight - Fresh Prospects in Indian Mining: Mine Development & Operations

Recent changes in the Indian Government’s approach to mining has opened up opportunities for private sector involvement in the sector, including international METS firms.




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Indian university seeks academic and research collaboration partners for clinical, preclinical and health sciences

An Indian university in Mysuru, Karnataka seeks research collaborations across pharmacy, medicine, dental and life sciences. Opportunities also exist for short term training programs and fellowships abroad.




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Clashes as Indian booze shops reopen

POLICE used batons to beat back thirsty Indians jostling to buy alcohol for the first time in 40 days as the government eased further the world’s biggest novel coronavirus lockdown. The government credits




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Homicide charges against Indian factory after fatal gas leak

Indian police on Friday filed charges of culpable homicide, including negligence in handling toxic substances, against a South Korean-owned chemical factory where a gas leak killed 12 people and sickened more than a thousand.




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Drones disinfect Indian coronavirus pandemic hotspot city after clashes

Hundreds of paramilitaries kept people off the streets and virtually all stores have been closed for at least a week. On Friday night, security forces fired tear gas at stone-throwing residents who ventured...




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Coronavirus: Indian manager of popular Chennai biotech firm consumes drug he invented to cure COVID-19, dies

Dubai: A 47-year-old pharmacist in the Indian state of Tamil Nadu, died on Thursday after consuming a “new cure” he had made for COVID-19. Indian tweeps shared reports of how the man, K. Sivanesan, made and drank the chemical concoction along with the owner of a popular Chennai-based herbal pharmaceutical company where he worked. According to a report by Indian newspaper, The Indian Express, the owner of Sujatha Bio Tech, along with his employee, tried to create a coronavirus cure, but consumed a...




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Coronavirus: Indian cops bury man killed by elephant, after family refuses to touch body, due to COVID-19 fears

Afraid of contracting the COVID-19, a family in the Indian state of Karnataka, abandoned their mentally-challenged, dead relative's body last week. This is when, three policemen took the job upon themselves to give the deceased a dignified burial. Tweeps are saluting them for their "thoughtful" gesture. The 44-year-old deceased man, was killed earlier this week when...




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First Indians arrive home after weeks stranded abroad

Repatriation flights and naval warships help return some citizens after long delays Coronavirus – latest updates See all our coronavirus coverage Relieved Indians are arriving at airports across the country on the first flights to bring home those stranded abroad, along with those who will arrive on...




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COVID-19: Indian Muslim youths break fast to donate blood to save lives of two children

Patna: Tales of humanity and brotherhood have brought much-needed comfort to the people in distress as they battle the coronavirus pandemic, locking themselves in homes for the past 40 days. Two such incidents in four days stand out. A man from the Indian state of Bihar broke his fast to donate blood in a bid to save the life of a little girl admitted to a government hospital. The...




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Tamil Nadu: All private establishments outside Covid-19 containment zones to open from Monday - The Indian Express

  1. Tamil Nadu: All private establishments outside Covid-19 containment zones to open from Monday  The Indian Express
  2. Coronavirus: Tamil Nadu relaxes lockdown measures further  Times of India
  3. Major Relaxations For Non-Containment Zones In Tamil Nadu From Monday  NDTV
  4. 1,589 cases linked to Koyambedu so far  The Hindu
  5. Tamil Nadu moves Supreme Court against Madras high court order to close Tasmac liquor shops  Times of India
  6. View Full coverage on Google News




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Drones spray Indian city after lockdown clashes

AHMEDABAD, India: Drones hovered over this pandemic-stricken city on Saturday spraying disinfectant on the streets, hours after security forces clashed with residents who defied a toughened lockdown.




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Indian police question teen boy after ‘bois locker room’ Instagram chat group makes light of rape

Indian police are investigating an online chat group that made light of gang-rape and caused a backlash on social media over trivialising sexual assault, with one teenage boy questioned on Tuesday.An Instagram chat group called “bois locker room” was the top trending hashtag on Twitter in India, with many tweets using screenshots from the group to highlight derogatory comments made about women, sexism or victim blaming.Sexual violence against women has become a major issue in India since the…




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Coronavirus survivors: aged 93, this Indian man did everything with his wife. Including getting Covid-19

When 93-year-old Thomas Abraham was being treated for Covid-19 in the intensive care unit of a hospital in Kottayam, southern India, the one thing he missed was making black coffee for his wife, Mariyamma, 88.He need not have worried, the two would soon be having their morning cuppa together again – Mariyamma had contracted the disease too and both were being treated in the same hospital.“[At first] we were in separate wards but when both of us started missing each other, the doctors moved us…




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Drones disinfect Indian pandemic hotspot city after clashes

Ahmedabad, a city of 5.5 million, has become a major concern for authorities.




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Gas leak in Indian city: Tribunal asks Korean company to deposit Rs1.05 bn

NEW DELHI: The National Green Tribunal on Friday issued notices to South Korean company LG Polymers, Union Environment Ministry, Central Pollution Control Board and others regarding the Vizag gas...

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Battle to prevent fresh gas leak at Indian plant

VISAKHAPATNAM: Engineers battled Friday to prevent more toxic gas escaping at a chemical plant on India´s east coast, a day after a pre-dawn leak killed 12 people and knocked locals unconscious in the street. Although the death toll was lower than feared, the accident which left hundreds...




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Warship evacuates stranded Indians

MALÉ, Maldives: India’s navy on Friday began evacuating from the Maldives around 750 of the hundreds of thousands of Indian nationals stranded worldwide because of coronavirus. The operation by two warships in Male forms part of an initial operation to repatriate almost 15,000 Indians...




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Troops deployed in Indian state as coronavirus cases surge

AHMEDABAD: Hundreds of paramilitary forces have been deployed in coronavirus-hotspot Gujarat state as India on Friday faced a surge in the number of deaths and infections from the outbreak. Official data show the deadly disease is taking a growing toll in the country of 1.3 billion people even as...




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Troops deployed in Indian Gujarat as coronavirus cases surge

AHMEDABAD, India: Hundreds of paramilitary forces have been deployed in coronavirus-hotspot Gujarat state as India on Friday faced a surge in the number of deaths and infections from the outbreak.Official data show the deadly disease is taking a growing toll in the country of 1.3 billion people...




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Indian faces trial for spying on Sikhs and Kashmiris in Germany

FRANKFURT AM MAIN: An Indian national will stand trial in Germany accused of spying on Sikh and Kashmiri communities for New Delhi’s secret service, a court said on Friday.Federal prosecutors allege the suspect, identified as 54-year-old Balvir, has been working with the Indian foreign...




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Battle to prevent fresh gas leak at Indian plant

VISAKHAPATNAM, India: Engineers battled on Friday to prevent more toxic gas escaping at a chemical plant on India’s east coast, a day after a pre-dawn leak killed 12 people and knocked locals unconscious in the street.Although the death toll was lower than feared, the accident which left...




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Warship evacuates Indians from Maldives

MALE, Maldives: India’s navy on Friday began evacuating from the Maldives around 750 of the hundreds of thousands of Indian nationals stranded worldwide because of coronavirus.The operation by two warships in Male forms part of an initial operation to repatriate almost 15,000 Indians from 12...




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Gas leak in Indian city: Tribunal asks Korean company to deposit Rs1.05b

NEW DELHI: The National Green Tribunal on Friday issued notices to South Korean company LG Polymers, Union Environment Ministry, Central Pollution Control Board and others regarding the Vizag gas leak incident.The NGT has directed LG Polymers, India, at whose plant the gas leakage occurred, to...




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Gas leak in Indian city: Tribunal asks Korean company to deposit Rs1.05b

tNEW DELHI: The National Green Tribunal on Friday issued notices to South Korean company LG Polymers, Union Environment Ministry, Central Pollution Control Board and others regarding the Vizag gas leak incident.The NGT has directed LG Polymers, India, at whose plant the gas leakage occurred, to...




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Delhi upping border tension: Indian CFVs cross 1,000 in 2020

ISLAMABAD: The Foreign Office on Friday said it had summoned a senior Indian diplomat to register a strong protest over the Indian ceasefire violations along the Line of Control .The statement by the FO said that in the unprovoked Indian firing across the LoC in Nezapir and Rakchikri sectors, six...




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Indian faces trial for 'spying' on Sikhs, Kashmiris in Germany

FRANKFURT: An Indian national will stand trial in Germany accused of spying on Sikh and Kashmiri communities for New Delhi’s spy agency, a court said on Friday.Federal prosecutors allege the suspect, identified as 54-year-old Balvir, has been working with the Indian foreign intelligence...




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Indian home prices fell most in 52 nations, says IMF

NEW DELHI: Is India’s real estate bubble finally bursting? The International Monetary Fund’s recently-launched data series on global housing prices hints at that. Among 52 major markets for which IMF has collated house price data, India has witnessed the steepest fall. IMF’s calculation on the annual percentage change in property prices shows that prices in India fell by 9.1 per cent, the highest among major real estate markets. The fall is even worse than in countries struggling with the ongoing European Union’s financial crisis. Property prices in Greece, Italy, Cyprus, Spain and Portugal have all come down, but at a much slower rate. Ireland, on the other hand, registered a […]



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  • Real Estate India

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Indian Bank puts Gautham Menon’s property on the block

CHENNAI: The Kotturpuram branch of Indian Bank has invited tenders for auction of a property belonging to film producer and director Gautham Vasudev Menon in Adyar. As per details on Tenders India (a government tender information system), the auction process for the property located on First Main Road in Indira Nagar, has begun with the tender value being quoted at 12.26 crore. The winning bidder, expected to put up 50 lakh as a deposit. The property is 7,091 sqft, and the market price of each ground (2,400 sqft) in the area is 4.5 crore to 5 crore. “This particular account has been a non-performing asset (NPA) for some time and […]




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Affluent Indians over-invest in property

Desi billionaires hold 44 per cent of their wealth in property, while the global average is 24 per cent. From Africa to America, the rich world-over have their wealth where their heart is — in their homes. Nearly a third of the wealth held by the super-rich (those with over $30 million of assets) in Europe is locked in real estate assets worth $2,391 billion, according to data from Savills, a global property consultant. The Asians are second, with $1,800 billion, or nearly 27 per cent of their wealth, in property. Over-investment The super-rich in India, as expected, beat the global averages by a big margin. Nearly 44 per cent […]




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Global PE funds more than doubled investments in Indian realty: C&W

BANGALORE: Global private equity funds more than doubled their investment in India’s real estate sector in the quarter to March as they foresee an improvement in economy leading to stable long-term yields, according to a report by brokerage Cushman & Wakefield. PE funds invested Rs 2,800 crore in the country’s commercial and residential real estate during the period, a 145% jump over the year-ago quarter, the report said. “This is the highest quarterly private equity investment since Q2 of 2009 by private equity funds in the realty sector, driven by huge investment in commercial real estate and steady fund raising by developers in the residential asset class,” it said. Sanjay […]




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Brahma Management to invest Rs 3,000 crore in Indian real estate sector

Nine years after it was formed, New York-based Brahma Management has lined up big investments for the Indian real estate market . Brahma, an FDI-funded investment and asset management company, has already invested around Rs 2,500 crore in the sector and has plans to put in another Rs 3,000 crore over the next two years. So far, its investments in the realty sector include Gurgaon-based projects Brahma City and Athena, and The Valley, a joint venture township project in Panchkula. While Athena is a retail and commercial office center, Brahma City is a gated township spread over 150 acres of land. Indian real estate market has been facing strong headwinds […]




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Why Indians do not like to reverse mortgage property

A reverse mortgage is a special type of loan against a home that allows the borrower to convert a portion of the equity in the property into cash. The equity built up over many years of home loan payments can be paid directly to the borrower. However, unlike a traditional home equity loan no repayment is required until the borrower(s) cease to use the home as their principal residence. With a traditional second mortgage, or a home equity line of credit, one must show sufficient income versus debt ratio to qualify for such a loan, and needs to make monthly payments towards the mortgage. Reverse mortgage differs in that it […]



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