Amid rising interest rates in the country after the RBI’s recent repo rate hikes and increasing property prices, housing sales in seven major cities saw a moderation of 15 per cent in the June 2022 quarter to 84,930 units, compared with 99,550 units in the March 2022 quarter, according to a report by real estate consultancy firm Anarock. The Mumbai Metropolitan Region (MMR) witnessed the highest sales of about 25,785 units in Q2 2022, followed by the NCR with nearly 15,340 units. The report added that developers restricted new supply to about 82,150 units in the June 2022 quarter as against 89,150 units in Q1 2022, an eight per cent decline during the period. The MMR and Pune were the only markets to see new launches increase by 26 per cent and 14 per cent q-o-q, respectively. The remaining top-five cities saw reduced new launches. It added that the MMR saw about 29,730 units added in Q2 2022, while Pune added nearly 16,560 units. The national capital region (NCR) saw a massive … [Read more...] about Housing Realty: High Interest Rates Moderate Sales In June Quarter
Gst implications on slump sale
A Victoria Cross awarded to a hero bugler for storming an enemy trench during the Battle of Somme is going under the hammer. Drummer Walter Ritchie mounted the parapet of a trench carrying his bugle and sounded the charge on the first day of the bloody 1916 battle. The 24-year-old rallied his comrades to renew their attack despite a barrage of bombs and machine-gun fire . Dmr Ritchie acted on his own initiative after so many of his officers had been killed that the command structure had all but broken down. Taking a musical instrument into battle was a breach of army regulations but he still received Britain’s highest gallantry award for his devotion to duty. The day of Dmr Ritchie’s heroism – July 1, 1916 – was the bloodiest day in the history of the British army. Almost 20,000 men were killed, with a third of his battalion, the Seaforth Highlanders, wiped out. Walter Ritchie rallied his comrades to renew their attack ( Image: Glasgow City Council/BNPS) … [Read more...] about Victoria Cross awarded to hero bugler of Battle of Somme on sale for £280,000
Art is a weird industry. It’s one of the few disciplines where people become absolutely incensed at the implication that they might not know everything about it, even when they have no real interest in it. People will claim that a particular piece of art is pointless, or pretentious, or stupid, with all the confidence of somebody walking up to an orthopaedic surgeon and telling them that it’s idiotic that there are so many different names for bones. “Hand bones, leg bones, what’s the difference?” they cry. “Bones are just sticks that keep our meat from sloshing around. Why do you eggheads always have to make everything so complicated?” Nothing riles people up more than modern art, and nobody gets more riled up about modern art than conservatives. It feels like every few weeks some right-wing influencer will have a hot take about some piece of abstract expressionism or a readymade sculpture, declaring that they’ve figured it out, they’ve cracked the code. Modern art is a … [Read more...] about Why are right-wingers so afraid of modern art?
A portrait by French painter Edouard Manet has been saved for the nation after an eight-month campaign raised almost £8 million to buy it. The oil painting, Portrait Of Mademoiselle Claus, was sold to a foreign buyer last year for £28.35 million but the Government put an export bar on it and under the terms of its sale it was made available to a British public institution for just over a quarter of its market value. The campaign, which included donations from more than 1,000 members of the public, succeeded in raising the £7.83 million needed to buy it for its new home at the Ashmolean Museum in Oxford. Public donations ranged from £1.50 to £10,000 and were added to £5.9 million from the Heritage Lottery Fund and £850,000 from The Art Fund. Museum director Christopher Brown said: "The public's response to the campaign for the Manet has been overwhelming. "The museum is enormously grateful to the Heritage Lottery Fund, the Art Fund, other foundations and many … [Read more...] about Manet portrait saved for the nation after £8m campaign
The Enforcement Directorate (ED) has attached the properties of Saravana Stores (Gold Palace) Chennai and ‘Lottery’ Santiago Martin in two different cases. In the first case, it attached the properties worth ₹234.75 crore in a money laundering case filed for defrauding Indian Bank. The ED initiated an investigation under the Prevention of Money Laundering Act, 2002, based on an FIR (April 25, 2022) registered by the Central Bureau of Investigation (CBI) and the Economic Offences Wing, Chennai. And the ED recorded the case in May 2022 under the PMLA. According to details provided by the ED, it is alleged that late Pallakudurai, P. Sujatha and Y.P. Shiravan, partners of Saravana Stores (Gold Palace), with the criminal intention of cheating Indian Bank, T. Nagar branch, had conspired with unknown public servants and others. Investigation revealed that Saravana Stores (Gold Palace) had applied for a loan and fabricated its balance sheet and projected that the company was financially … [Read more...] about ED acts against Saravana Stores Gold Palace, lottery businessman Santiago Martin
Drug pricing regulator NPPA has fixed the retail prices for 84 drug formulations, including those used for treatment of diabetes, headache and high blood pressure. The National Pharmaceutical Pricing Authority (NPPA) has also fixed the prices of formulations indicated to reduce increased cholesterol and triglycerides levels, among others. In exercise of the powers conferred by the Drugs (Prices Control) Order, 2013, the NPPA has fixed the retail prices of the medications, the regulator said in a notification. As per the order, a single tablet of Voglibose and (SR) Metformin Hydrochloride will cost Rs 10.47, excluding GST. Similarly, the price of Paracetamol and Caffeine has been fixed at Rs 2.88 per tablet. Besides, the price of one Rosuvastatin Aspirin and Clopidogrel capsule has been fixed at Rs 13.91. In a separate notification, NPPA said it has extended the revised ceiling price of liquid medical oxygen and oxygen inhalation (medicinal gas) till September 30 this year. The … [Read more...] about NPPA Fixes Retail Prices of 84 Drug Formulations
1 Why is there a shortage of Sriracha hot sauce? A: Bad weather affecting chile crop B: Shipments stuck in Asia C: Company in bankruptcy 2 A proposed amendment to the California Constitution affirms: A: Right to bear arms B: Right to abortion and birth control C: Right to same-sex marriage 3 Is Chesa Boudin going to run again for S.F. district attorney? A: No B: Yes C: He hasn’t ruled it out 4 How many women have accused former Windsor Mayor Dominic Foppoli of sexual assault or misconduct? A: 10 B: 14 C: 18 5 What is the inflation relief package in the state budget plan? A: Rebate payments to most Californians B: A temporary sales tax rate cut C: Temporary suspension of state gas taxes 6 Why did S.F. Pride’s festivities at Civic Center end early? A: Crowd got too big More Information Answers: 1-A, 2-B, 3-C, 4-B, 5-A, 6-C, 7-A, 8-C, 9-C, 10-A See More Collapse B: … [Read more...] about Chron Quiz: Why is Sriracha sauce in short supply?
Boris Johnson's election promise to build 40 new hospitals by 2030 is facing an investigation by a public spending watchdog. The National Audit Office (NAO) is planning a "value for money review" that could span increasing costs due to soaring inflation and whether the hospitals are actually new. The proposed inquiry was revealed in a letter to shadow health secretary Wes Streeting from NAO chief Gareth Davies after the Labour MP warned over a waste of taxpayers' money. The opposition frontbencher had called for a probe into delays surrounding the hospital programme announced by the prime minister in the 2019 general election campaign to help alleviate pressure on the NHS . Ministers have defended the progress of the scheme and insist they are "getting on with that job". Advertisement But Mr Streeting said many NHS trusts were still awaiting funds to be allocated and many schemes were in fact alterations or refurbishments not "new hospitals". At … [Read more...] about Boris Johnson’s 40 new hospitals pledge faces investigation by spending watchdog
President Yoon Suk-yeol speaks to reporters in a press conference aboard Air Force One en route to Seoul from Madrid after concluding a five-day trip to Spain to attend a NATO summit. [YONHAP] President Yoon Suk-yeol said he and the leaders of Japan and the United States agreed it would be desirable "in principle" to resume three-way security cooperation to respond to North Korea's threats, denying any attempt to exclude China. Yoon described his summit with Japanese Prime Minister Fumio Kishida and U.S. President Joe Biden on the sidelines of a NATO gathering last week as his "most important and significant" diplomatic event in a press conference aboard Air Force One en route home to Seoul Friday. "It is the first time in five years that the three countries leaders have discussed a joint response to the North Korean nuclear issue," he said. Yoon rejected concerns from Beijing that the NATO gathering in Spain was aimed at excluding Russia and China. "I am not excluding any … [Read more...] about Trilateral security cooperation is back, says Yoon
LOS ANGELES — Six people have been indicted in four separate cryptocurrency fraud cases involving more than $130 million in losses, including the single largest NFT scheme charged to date, federal prosecutors said this week. That scheme, prosecutors said, involved a group called the Baller Ape Club that claimed to sell NFTs, or nonfungible tokens, in the form of cartoon images of apes. A group with a similar theme, the Bored Ape Yacht Club, is one of the world's most popular NFT distributors, with endorsements from Snoop Dogg, Tom Brady and other celebrities. Its NFTs have sold for hundreds of thousands of dollars, though prices have dropped sharply in recent weeks. Le Anh Tuan, 26, of Vietnam was charged in California with one count each of conspiracy to commit wire fraud and conspiracy to commit international money laundering in connection with the Baller Ape Club scheme. Shortly after Baller Ape Club's public sales began, Tuan and unnamed co-conspirators "rug-pulled" … [Read more...] about 6 indicted in cryptocurrency and NFT fraud schemes that netted more than $130 million