Usually, the govt helps poor people who live in villages or small towns. But now, they are also focusing on the urban poor to provide them cheap housing loans. The Finance Ministry has approved a program worth Rs 60,000 crore to support housing initiatives in urban areas. The program aims to promote affordable housing for ...

On Friday, the Reserve Bank of India (RBI) announced cut in key interest rates by 40 basis points, to a new all-time low. This decision came unexpectedly as RBI is citing negative GDP growth in the current fiscal period. This is a double blow to the economy as the effect on low production and demand ...