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Nepal Protests News: Protests in Nepal, initially sparked by a social media ban affecting platforms like Facebook and WhatsApp, have escalated, resulting in 18 deaths and over 200 injuries. While the government cites tax and registration issues, deeper frustrations over corruption, nepotism, economic inequality, and a jobs crisis are fueling the unrest.
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President Xi Jinping conveyed to Kim Jong Un China's readiness to strengthen strategic communication with North Korea, marking the nation's 77th anniversary. Xi expressed China's commitment to close cooperation with North Korea for the sake of global and regional peace and development. Kim recently joined Xi and Putin in Beijing for a significant military parade.
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GST rate cuts on cement and construction materials are expected to lower developers' input costs by 2-4%, potentially boosting housing demand, especially in the affordable and mid-market segments. This, coupled with the festive season's increased inquiries and stable interest rates, creates favorable conditions for new project launches and improved affordability. Developers aim to pass on cost benefits to homebuyers gradually.
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