Earthquake in Italy kills 247, How will India fare ?

At least 247 people were killed after a 6.2-magnitude earthquake struck central Italy Wednesday, according to Italy’s Civil Protection Department. In the small Italian towns hit hard by a magnitude-6.2 earthquake that struck in the middle of the night, rescuers feverishly dug through the rubble of downed homes and apartments looking for survivors. In one […]

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Home Loans 90%

In a significant relaxation for the housing finance segment, the Reserve Bank of India (RBI) on Thursday increased the amount of loan banks can give against a property purchase — loan-to-value (LTV) — and also reduced the risk weights for home loans. Banks can now provide home loans up to 90 per cent for properties […]

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