Internet Influencing Real Estate Decisions: Google

More Indians log online to seek information before entering into property deals, claims Google. The Internet is estimated to be influencing decisions worth about $43 billion involving over 50% of real estate buyers. The primary reasons for researching online were easy access to property information and market trends (60%), large comparison options (52%), easy access to contact details of owners and developers (49%) and financing and document processing information (43%). The survey, conducted by consultancy firm Zinnov across 15 cities in India included the metros, Pune, Lucknow and Ahmedabad with 6,196 respondents.

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BANKING: RBI To Launch a Payment Bank

RBI said it will soon come out with a payment bank, as recommended by the Nachiket Mor committee. Payment banks can start operations with a capital of just Rs50 crore, since all their money will be invested in safe government securities. A payment bank will be a bank in every respect except that it cannot lend, thus removing the risk of leverage.
 

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An Alternative to Price-to-Earning Ratio

For a change we move away from Value stocks to growth stocks. We will present this updated...

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