16TH DECEMBER 2019 NEWS

Keppel Land, Rustomjee form JV to develop integrated township in Thane

Publication: ECONOMIC TIMES Date : 16 DECEMBER 2019

Keppel Land will be acquiring 49% stake in the joint venture company Kapstone Constructions for around Rs 410 crore. This is first such alliance between a Singaporean and an Indian developer for any project in Mumbai Metropolitan Region.

Land titling bill may have to wait awhile

Publication: TIMES OF INDIA Date : 16 DECEMBER 2019

Pune: The change in regime in the state has cast a shadow on the passage of the land titling bill, nearly cleared by the previous government.

Around 400 applications filed for last mile funding for real estate projects: Sources

Publication: MONEY CONTROL Date : 16 DECEMBER 2019

The Rs 25,000-crore alternative investment fund (AIF), set up to provide last-mile funding for stalled real estate projects by the government, has raised Rs 10,530 crore in its first round and around 400 applications may have already been filed.

17TH DECEMBER 2019 NEWS

More scope to cut interest rates, says RBI Governor Shaktikanta Das

Publication: BUSINESS STANDARD Date : 17 DECEMBER 2019

There is scope for cutting interest rates further and the central bank will use it when required after studying the growth and inflation data, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday.

RBI ‘saw slowdown’ as early as Feb, cut rates ‘ahead of time’: Shaktikanta Das

Publication: THE INDIAN EXPRESS Date : 17 DECEMBER 2019

RBI Governor Shaktikanta Das on Monday said the central bank would do “whatever is necessary” to address growth slowdown, spikes in inflation as well to ensure good health of banks and non-bank lenders.

CITY NEWS

Finance Commission talks on GST stabilisation

Publication: FREE PRESS JOURNAL Date : 17 DECEMBER 2019

Mumbai: Economic Advisory Council of the Fifteenth Finance Commission on Monday discussed issues related to GST stabilisation and possible ways to improve tax collection for additional resource mobilisation.

FinComm’s final report to take note of GST stabilisation, revenue issues

Publication: THE INDIAN EXPRESS Date : 17 DECEMBER 2019

Speaking to reporters on Monday after the fifth meeting of the Economic Advisory Council of the 15th Finance Commission, its Chairman NK Singh said the report will be comprehensive and address wide ranging issues.