Unsold housing inventories in primary markets across eight major cities fell marginally by 2 per cent at 7.05 lakh units during January-March as compared to the previous quarter
Localized lockdowns may result in a slowdown which may be met by fiscal expansion
'Things will get worse for the Indian aviation industry before they get better,' says industry official
Most recover from Covid quite easily and it is important for people to not stress.
The MPC will keep the policy repo rate on hold, unanimously, despite the prospect of a drop in CPI inflation to 5 per cent in Q4 and then likely to average 4.5 per cent in FY22
The fiscal deficit of the government of India has increased sharply to 9.5 per cent of GDP in the Revised Estimates for FY21, relative to the budgeted target of 3.5 per cent
The problems of moving cargo to the destinations continue. Containers are not easily available in time as there aren't enough vessels sailing to and from India
While this will mean material deviation from the FRBM road map, we feel that a decisive and credible stance on near-term fiscal deficit and FRBM targets is the need of the hour
India's recovery can be faster than many other economies if the budgetary allocations are appropriately prioritized, writes D K Srivastava.
Given the government's cautious fiscal response to the pandemic so far, it seems unlikely that it will drop the ball on consolidation in the upcoming Budget
Rural economy is helping consumption demand, but it is inadequate to compensate for the loss of urban demand.
Industry officials are of the view that with the Covid-19 pandemic still evolving, it is difficult to predict the extent of impact on the sector.
The point of dissonance is, however, regarding the surplus liquidity sloshing around the banking system and the fear that it might endanger financial stability
The MPC in all likelihood would keep the repo rate unchanged at 4 per cent, extending the pause from its August and October meetings and reiterating the accommodative stance
A majority of Indian businesses intend to increase financial investment in their business over the next year, notably higher than the global average.
Rural areas continued to drive growth for the FMCG sector.
Whether YES Bank, PMC Bank or LVB, year 2020 has seen the regulator taking market-oriented solutions to rescue failed banks
A record, this is 25% more than last year, and 130% more than the average of the past five years
Seen at $17.68 bn in April-Sept, the export performance is set to surpass all expectations. Yet, the poor show by buffalo meat and plantation crops tell a different story
While developers hail FM's announcement, they want the govt to exempt the entire interest paid on housing loan from income tax