CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales in the past five years, after Q1, 2017, when the decline, due to the note ban, was 37 per cent.
Through increase in import duty, the government aims to help domestic oilseed crushers and edible oil producers who suffered badly last year due to cheap imports
Maharashtra, the country's largest cane and sugar producer after Uttar Pradesh, had, over the past few years, weathered adverse market dynamics brought about by a domestic and global sugar glut, mounting arrears and muted exports.
'By November 2020, men recovered most of their lost jobs, but women were less fortunate: 49 per cent of the job losses by November were of women.' 'The recovery has benefited all, but it benefited women less than it did men,' notes Mahesh Vyas.
The firm will invest over Rs 1,000 crore in marketing, cash backs and promotional spends
The 190-km railway line will be between Dadri in Uttar Pradesh and Phulera in Rajasthan, which fall under the Western Dedicated Freight Corridor
After unseasonal rains, supply disruptions and pandemic-induced woes pushed retail inflation well over the Reserve Bank's comfort zone in 2020, the scenario is likely to stay that way at least in the short term as economic recovery slowly gains foothold. For most part of this year, pricier food items pushed the retail inflation, based on Consumer Price Index (CPI), higher in the range of 6.58-7.61 per cent, except for March when the reading was 5.91 per cent. Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors.
Any business that makes inter-state supply is outside the ambit of the scheme
A heat wave in India has already claimed more than 1,800 lives
Other than Gujarat, Odisha and West Bengal, call centres would come up in Assam, Manipur, Tripura.
Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore following the Supreme Court order last week that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
Any return to 9-10%(economic) growth is some years away.
New Zealand captain Kane Williamson feels that one can "learn a lot" by watching his contemporary Virat Kohli's stellar performances in the ongoing ICC World T20.
The Chinese community in the city is one of the largest in the country and is apprehensive that the escalation of the conflict between the two Asian giants would hamper their lives and livelihood.
Chief Minister Arvind Kejriwal announced that children who have lost their books and uniforms in the violence, will be provided the same free of cost.
Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.
Soon after a special CBI court acquitted all those accused the 2G spectrum allocation case, Somesh Jha spoke to DB Realty Managing Director Vinod Goenka at the crowded Patiala House premises.
The industry is hoping the Tatas deepen their dive and offer two stable airlines -- a Vistara merged into Air India servicing the international routes, and an AirAsia India merged with Air India Express that competes with the low fare airlines in India and offers destinations within five hours, says Anjuli Bhargava.
Relations with the government, the bank's majority owner, are a tricky issue for all SBI chiefs, and, like all his predecessors, Khara will be closely watched for his equations with the finance ministry representative on the SBI board.
Attempts are being made to balance the need for health of the sector, consumer interest while complying with the Supreme Court order on statutory dues.
Hospital authorities said of the deceased at the GTB, at least nine received gun shots. One of the deceased is also a woman, they said.
Apart from this, state refiners are looking at optimising crude oil inventory levels without in any way affecting fuel supplies in the domestic market.
China Construction forms consortium with Gurugram-based realty developer Tulip Infratech for road projects in India
Acreage of these crops is likely to fall as prices drop below MSP in mandis; area under cotton, maize may increase on better realisation
With infrastructure claiming a larger share, movement and distribution of cement is bound to change.
City mayor Sovan Chatterjee, who visited the market, said the fire was controlled to some extent, but refused to comment on how long it would take to extinguish the blaze completely.
Most of the changes have come about in the last four years and ITC is now reaping the dividends - standalone revenues from the non-cigarettes FMCG business have grown 40 per cent from FY17 to Rs 14,728.21 crore in FY21 and pre-tax profits 30 times to Rs 823.69 crore. The business accounted for 30.58 per cent of gross revenues and 4.85 per cent of pre-tax profits in FY21. "In the last four years, our margins in FMCG have gone up by 640 basis points (bps) and EBITDA margins have been moving up consistently. "We created levers that enabled a sustained growth trajectory," said ITC chairman and managing director Sanjiv Puri. Puri took charge as the chief executive officer in 2017; in 2018, he was redesignated managing director and effective May 2019, he became chairman.
SBI is the third state-run lender to lower the lending rates after Indian Overseas Bank Tuesday and Bank of Maharashtra which also lowered their loan prices by 5 bps on loan tenors of one year and above, effective April 10.
The minister outlined proposals on cleanliness.
This mean that just Rs 10,720 crore of the junked currency did not return to the banking system.
RBI's licensing norms require a bank to bring down promoter holding to 40 % within 3 years of operation - which, for Bandhan Bank, will be by Aug 23
Between April and August, it issued request seeking LoC against 147 individuals to prevent them from leaving the country, the bank said in response to a Right to Information query filed by Pune-based activist Vihar Durve.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
Here's a glimpse of all that happened around the world last week, in 10 images
India have emerged winner in all five matches against Pakistan in T20 World Cups, starting from the inaugural World T20 in 2007.
Prayers were held across the Missionaries of Charity centres and churches all over the state to mark the late Roman Catholic nun's birth anniversary and to also commemorate her journey to sainthood on September 4.
We knew from the moment the pandemic took hold that this would be a long haul -- at least 12 to 18 months. Nothing should have changed that assessment, says Mihir S Sharma.
A VR technology Radeon perfected during the making of Baahubali 2 is being extended to bring home the stadium experience.
Jamaat-ul-Mujahideen Bangladesh terrorists have entered West Bengal to carry out subversive activities.
The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.
