Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
BRIC economies improved slightly on the previous quarter.
Though the level of gloom about the future business outlook moderated among the big-four emerging market economies, Indian counterparts are the most confident.
Meanwhile, outlook for global emerging markets remained relatively weak in September.
Nokia has tied up with Citibank, HDFC Bank, Axis Bank, Standard Chartered, HSBC, ICICI Bank and SBI Cards for the EMI scheme and the offer will be available to consumers with credit cards from any of these banks.
Data for the four largest emerging economies showed contrasting activity trends in November. China registered growth for the seventh month running, while India posted the fastest growth since June.
rediffGURU Sunil Lala answers your personal finance-related queries.
The HSBC Emerging Markets Index, a monthly indicator derived from Purchasing Managers' Index surveys, inched up to 50.6 in May from 50.4 in April, indicating weak output growth across global emerging markets.
The HSBC Emerging Markets Index, a monthly indicator derived from the PMI surveys, inched up to 50.4 in April, from 50.3 in March, signalling only a marginal increase in output across global emerging markets in April.
China posted the sharpest increase in output for 15 months, while India saw the steepest expansion since February 2013.
India's manufacturing expanded at a faster pace than China
Although growth picked up slightly across the world's main emerging markets on an average, rates of expansion remain subdued
Bumper liquidity as a result of global central bank stimulus measures should prevent a sharper downturn.
HSBC India has announced a new home loan package offering to pay back part of the interest to borrowers. Yes, like the foreign bank claims, it is a first in the home loans business. But if one takes a careful look, it might not be such a big deal after all.
The pace of economic growth in emerging markets continued to revive from the stagnation seen earlier in the year.
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The HSBC Emerging Markets Index, a monthly indicator derived from the PMI surveys, continued its upward trajectory in November on the back of faster manufacturing growth.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Balance transfer is a facility in which you can transfer outstanding balance from one credit card to another. It works well if you have multiple cards.
Bumper liquidity as a result of global central bank stimulus measures should prevent a sharper downturn.
There will be tripartite pact with member, bank/housing agency and EPFO.
In an online chat with readers on October 14, Anil Rego answered their credit card queries.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
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