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01. News & Insights

Real estate contracts

WHAT IS FORCE MAJEURE AND HOW DOES IT APPLY TO INDIAN REAL ESTATE?

Currently, 214 countries and regions around the world and 2 international conveyances are going through a global crisis due to Kovid-19. On March 11, 2020, it was officially declared an epidemic by the World Health Organization (WHO). This epidemic has not only killed people but has also impacted trade, commerce, and global economies. The COVID-19 […]

Prahalad Singh

Steel Companies

Indian Steel Mills Might Face Robust Competition From China Export Rebate

There are some reports coming out now that Indian steel mills face even more competition from competitors in China after Beijing explored to increase export incentives on the primary infrastructure metal by a 3rd to help protect the impact of falling demand at domestic and overseas crises due to the Covid-19 pandemic. The move by […]

Prahalad Singh

RBI Moratorium- Should you pay home loan EMI for the next 3 months?

The RBI has cut the repo rate by 75 basis points and the repo rate now stands at 4.4 per cent. This move comes after central banks across the world announced rate cuts to fend off a COVID19-related recession. In what could be a huge relief to those staring at loss of income due to […]

RBI Reduces Repo Rate and Reverse Repo Rate To Safeguard Economy From COVID-19 Impact

Key Highlights: RBI cuts Repo Rate by 75 basis points to 4.4%  Reverse Repo Rate by 90 basis points to 4% CRR cuts from 4% to 3% for all banks for a period of one year He also permits all lending Banks, HFCs, and NBFCs to allow a 3-month moratorium on payment of installments on […]

Prahalad Singh

Real estate to face working capital pressure: CRISIL

Covid 19 is wreaking economic havoc across the world and the slowdown will impact the demand and realisation in steel, construction and engineering sectors. According to a report by CRISIL, the construction sector has seen credit pressure this fiscal because of slowdown in public spending and stretched working capital cycles. With state resources focused on […]

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