HUDCO, other housing stocks jump 9% after govt greenlights 3 crore additional houses under PMAY

HUDCO, other housing stocks jump 9% after govt greenlights 3 crore additional houses under PMAY

Shares of housing finance and infrastructure project firms surged up to 9% in Tuesday’s trade on the BSE after the newly formed NDA government, in its first cabinet meeting on Monday, decided to provide assistance to 3 crore additional rural and urban households for the construction of houses, to meet the housing requirements arising out … Read more

India VIX jumps 40%, registers highest single-day gain in 9 years

India VIX jumps 40%, registers highest single-day gain in 9 years

Fear index India VIX witnessed its highest single-day gain in 9 years, jumping nearly 40% on intraday basis to the day’s high of 28.62. The gains were seen after counting trends showed a strong fight back by the India Alliance though BJP-led NDA still managed to cross the majority mark. India VIX had settled at … Read more

22% ‘volatility crush’ on D-Street as exit polls scream Modi 3.0

22% ‘volatility crush’ on D-Street as exit polls scream Modi 3.0

D-Street fear index India VIX fell 22% to the day’s low of 19.12 on Monday after a screaming call by exit polls suggesting the return of the incumbent Bharatiya Janata Party (BJP) led NDA government. At 1:20 pm India Vix stood at 20.21, down by 17.85% from 24.60 on Friday. According to the average of … Read more

More senior citizens to be covered for pension benefits in Modi 3.0: Report

More senior citizens to be covered for pension benefits in Modi 3.0: Report

Top government officials are already getting a policy blueprint ready for different sectors much ahead the upcoming term of the NDA government, led by PM Narendra Modi. If the NDA government gets elected in the upcoming Lok Sabha elections, it would be its third term in a row. The detailed plan for the next term … Read more

Modi dispensation is ‘No Dissonance Allowed’ government: P Chidambaram

Modi dispensation is ‘No Dissonance Allowed’ government: P Chidambaram

Senior Congress leader P Chidambaram on Thursday dubbed the NDA dispensation at the Centre as a “No Dissonance Allowed” government after it rejected the Environmental Performance Index. He said the Modi government should realise that the world will not dance to the tunes of the BJP and the RSS. “NDA Government is well known as … Read more

At NDA’s swearing-in ceremony, Sushil Modi looked dejected

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PATNA: Senior BJP leader Sushil Kumar Modi, who has not been retained in the new Bihar dispensation after serving as the deputy chief minister for close to 15 years, attended the swearing-in ceremony of new NDA government on Monday but looked aloof in the crowd of new MLAs. A 14-member council of ministers headed by … Read more

Special CBI court convicts former union minister in coal block scam

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A special CBI Court today convicted Dilip Ray, the then Union Minister of State for Coal in the erstwhile National Democratic Alliance (NDA) for his alleged involvement in the coal block allocation scandal. Ray was then a minister of State in the Atal Bihari Vajpayee government in 1999. The Court will decide the quantum of … Read more