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Russia oil discount to India shrinks as China sucks supply Back | Mint Primer | Mint

As Russia scrambled for buyers after its invasion of Ukraine sparked Western sanctions, India stepped up as a new major buyer, securing discounts of as much as $15-20 a barrel. This has since fallen below $10 and has touched even $5. The steep discounts India enjoyed on Russian crude oil through most of FY23 have plunged, two government officials aware of the development said, as China boosted purchases and oil producers cut production.

10 May 2023
Videos

When Is The Ideal Time To Buy Your First Home? | My Money Matters

As soon as we start earning, we think of buying a house, but the question is, when is the perfect time to buy a dream house? Well, this video will tell you what your ideal age is to buy a house. #homebuying #dreamhome #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze

15 Dec 2022
Companies

Home developers must leverage technology to woo buyers: report

Developers will have to adopt various innovative tech solutions, both within homes and outside

1 min read13 Aug 2020
Companies

Resolution plan of real estate firm Unitech can be shared: Supreme Court

The Supreme Court said the resolution plan of the newly-constituted board for Unitech Ltd can be shared on its portal to solicit suggestions from the parties to help resurrection of the embattled real estate firm

2 min read31 Jul 2020
Money

UP Rera will soon start grading realty projects and developers

This grading scale will help in creating a track record for promoters and will help homebuyers make an informed decision

1 min read23 Apr 2020
Industry

Coronavirus scare may deliver ₹5,000 crore blow to advertising

More than ₹2,500 crore worth of ad spending is already at stake with the Indian Premier League (IPL) cricket tournament being postponedThere is more anxiety and less panic but if more businesses get locked down, then panic will be triggered

2 min read21 Mar 2020
News

FM says govt will safeguard interests of homebuyers

Insolvency and Bankruptcy Code Amendment Bill was passed in Rajya Sabha on ThursdayThe legislative changes seek to avoid frivolous litigation

1 min read12 Mar 2020
Videos

‘Demands of aggrieved home buyers being met’: Nirmala Sitharaman at HTLS 2019

Finance Minister Nirmala Sitharaman spoke at the 17th edition of the Hindustan Times Leadership Summit. She said that the government is aware of the problems of home buyers and their demands are being met. Sitharaman also said that money will go into accounts for completing stalled projects. The finance minister also said that the government will help farmers get better price for their produce. Watch the video for all the details.

7 Dec 2019
News

Consumer commission asks Unitech to refund ₹64.5 lakh with interest to home buyer

Unitech had promised Kumar to deliver possession of his flat within 42 months of the execution of the agreementThe commission also directed Unitech to pay ₹25,000 to Kumar as cost of litigation within three months

1 min read25 Nov 2019
Markets

Home buyers flock to well-funded developers as slowdown swallows small firms

Number of property firms tipped into insolvency has more than doubled over the past yearWhile overall home sales remain weak, India’s top nine listed real estate companies saw sales jump 159% in the year ended March from 2017

1 min read13 Nov 2019
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