Sitharaman, who is not known to reply to comments made on her Twitter handle, instantly choose to respond to drug-maker Biocon chairman Kiran Mazumdar-Shaw's criticism of lack of fiscal measures to support growth.
While India's GDP growth slowed to five-year low of 5.8% in Q4, China grew at 6.4%.
'Prices are rock, bottom, developers are ready to negotiate and banks are keen to lend.'
Experts said banking is a play on the economy and the latest buying into this space is underpinned by hopes of a sharper-than-expected recovery in the economy.
There is a lot to be done at Rashtrapati Bhavan, said President Pranab Mukherjee on Saturday as he ushered in his fourth year in office dispelling notions that life in the President's Estate was in a "realm of boredom".
Patel has already been questioned by the ED in an another money laundering case linked to the aviation scam.
Investors will maintain a cautious stance.
.jpg)
The decline in the quantum of PE investment in realty sector was due to to less number of deals (13 in H1 2013) as the average ticket size of deals remained same. In first half of 2012, there were 19 PE deals.
The country is gripped in an unprecedented economic downturn which is certainly going to spill over into the second half of this year unless the infection rate can be brought under control.
Adani, which had earlier bid only for the wholesale book, now want all of DHFL's assets and has pipped both Oaktree and Piramal by bidding higher than each of them.
An increase of 10% in net profit is expected as higher provisioning would negate most of the gain on account of expansion of loan portfolios.
Banks, real-estate sectors lead gains.
While margins contracted by 30 basis points on y-o-y basis, they fell a sharper 120 basis points on a sequential basis to 16.8 per cent. Profitability was impacted adversely due to subdued demand, tepid realisations in commodity sectors, and negative operating leverage.
The decline was due to an increase in interest costs.
The national apartment vacancy rate dropped to 4.5 per cent in the last three months of 2012 from 4.7 per cent in the previous period, marking three straight years of vacancy declines, according to Reis data released on Tuesday.
The Dera Sacha Sauda chief and the three others convicted last Friday in the case appeared before the court through video conferencing.
Congress leader Rahul Gandhi alleged that Modi's move was aimed at helping a few of his 'crony capitalist friends' and had 'destroyed' the Indian economy, prompting a strong response from the BJP which said the exercise was an 'attack' on corruption and black money that were rampant during the 'lost decade' of the Congress-led United Progressive Alliance government.
There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.
'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'
'There is a vision in the Budget, and the vision is to take India from a largely agrarian, rural economy into a fast-track digitalised economy.'
In its Fifth Bi-monthly Monetary Policy Statement, 2017-18, RBI said the second quarter growth was lower than the one that was projected in the October review, and the recent increase in oil prices may have a negative impact on margins of firms and Gross Value Added (GVA) growth.
Indians are the fourth-largest property buyers in Singapore.
The two media groups have been critical of the Covid-19 management in the country and have done numerous news stories on the subject during the second wave of the pandemic that hit the country between April and May.
The asset monetisation exercise in the first phase will help BSNL shave off its Rs 14,000-crore debt. The government has said that these firms are strategically important and will not be closed down or divested.
The largest Indian mall is less than a fourth of the world's largest mall and does not figure amongst the 30 largest malls in the world.
Better known as Sunny Dewan, Sarang -- and his wife Anu -- have been regulars at Bollywood parties. Namrata Thakker takes a look at the couple's social calendar from their good ol' days.
Demand for Grade A office space is rising across the country.
Budget has proposed an additional deduction of Rs 1.5 lakh for interest paid on loans borrowed up to end-March, 2020 for purchase of an affordable house, valued up to 45 lakh.
Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.
Minutes of the MPC meeting show Das felt economy needs more monetary stimulus as inflation outlook remains uncertain.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
'India cannot allow Beijing's policy of stabilising and destabilising the border at will to perpetuate its own ends.' A riveting excerpt from Manish Tiwari's 10 Flashpoints; 20 Years National Security Situations That Impacted India.
The company, which finds itself at the centre of the real estate scam, as alleged by the Central Bureau of Investigation, is housed in a dilapidated building, and from the exterior, nobody can ever guess that the fourth floor of MMFSL would be so swanky.
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
Restructuring is expected to cost the company $247 million in the fourth quarter of fiscal 2009 ending August 31. Of the costs, about $119 million would be related to reduction of excess office space globally and the remaining for severance and related costs of workforce reduction.
Downing Street has said that the prime minister would not be returning to work immediately and will be based at the sprawling 1,000-acre estate in Buckinghamshire, south-east England, for a recovery period on medical advice.
The social networking site has 1.23 billion monthly active users and 757 million daily active users.
India Inc is expected to post 35-45 per cent rise in net profit in the fourth quarter ended March 31.
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
Developed by Emaar Properties, one of the world's leading real estate companies, the 818-metre tower is expected to be unveiled in January coinciding with the fourth anniversary of Vice President and Prime Minister Sheikh Mohammed bin Rashid taking over as the ruler of Dubai.
