Rupee rises for 4th day, up 19 paise vs dollar

Rupee slips 4 paise to 96.39 against US dollar MUMBAI: The rupee appreciated 19 paise to close at 95.17 against the US dollar on Wednesday, registering the fourth straight session of gains, supported by RBI interventions designed to ease near-term dollar demand and limit speculative foreign exchange exposure.Forex traders said the Indian rupee rose to…

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Dubai-based Indian bought two Mumbai flats, but later cancelled them after delayed possession; builder sought deductions, but MahaREAT orders full Rs 1.15 crore refund plus interest

In 2015, the homebuyer decided to purchase two flats being offered by a Mumbai-based builder. Delayed possession of homes can cause grievances to homebuyers. But, what if the builder inserts clauses of deductions if you cancel the booking and ask for a refund?In one such case the Maharashtra Real Estate Appellate Tribunal (MahREAT), Mumbai, has…

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