Protecting Home Buyers, Stabilizing Builders: Why India Needs a Ready-Home Rule

That is the surest way to avoid home buyers finding themselves stranded with stalled construction instead of homes for which they have borrowed big

That is the surest way to avoid home buyers finding themselves stranded with stalled construction instead of homes for which they have borrowed big

Last Friday, US president Donald Trump increased the fee for an H1B visa to $100,000. This would force American companies to hire more American college graduates and stop the practice of companies bringing in low-paid workers from abroad to work in the US, he said.

The RBI’s latest monetary policy and regulatory pronouncements are a strange mixture of caution and recklessness. The policy appreciates that with inflation depressed, not only because of well-behaved food prices but also because of deficient demand that has sent fast-moving consumer goods companies into depression, real interest rates in the economy are high.

Indian engineers have designed a three-nanometre chip. Another team of Indian engineers is hard at work developing a two-nanometre chip, right at the frontier of chip technology. So, India is taking great strides in the area of semiconductor design and manufacture, right? Wrong.

Earlier this month, the Supreme Court ordered the government to set up a committee to evolve measures to help home buyers who find that the properties they have invested in are stuck in stalled construction, even as their builders go into insolvency.

The Trump administration’s latest salvo against immigration, a $100,000 fee for every H-1b visa granted, would sharply raise costs for American companies, especially for government projects that require on-site workers.