The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
The Indian bowlers were guilty of taking their foot off the pedal in the back end of the innings
'Dr Santhanam's crossing over to the side of the sceptics will be a serious challenge to the scientific establishment.'
The SCA Stadium has seen largely empty stands on the first three days of the opening match of a five-Test series between India and England and local organisers blame it on the cash crunch.
The two companies agreed to form a joint venture by combining Novartis' over-the-counter division with GSK's consumer business to create a business with $10 billion in annual sales. GSK will hold a 63.5 per cent stake in the venture.
Industry bodies said India's move to grant the status to Pakistan had not made much of a difference as it was not reciprocated
UBS is completely focused on India and especially on gaining a foothold in the wealth management space. The Swiss bank has operation centers in Hyderabad and is entering into projects in Mumbai. The latest subprime calamity struck deep wounds on UBS' management, forcing its Chairman Marcel Ospel to step down. The Swiss bank raised about $13 billion from investors in Singapore and West Asia last year.
India's services sector output growth touched a three-month high in November as business inflows rose markedly amid accommodative demand conditions, a monthly survey said on Monday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 55.1 in October to 56.4 in November, indicating a sharp increase in output that was the quickest in three months even amid higher operating expenses. Survey participants linked the latest expansion to demand strength, successful marketing and a sustained upturn in sales.
Rating agency Crisil said corporates, especially those in the auto, aviation, consumer durables and oil sectors, will be "severely impacted" by rupee depreciation due to large overseas debt and limited hedging.
India plans to keep its fiscal deficit within 3.9% of GDP.
India's consumer price index (CPI)-based inflation could ease in the coming months thanks to the arrival of kharif crops, lower international commodity prices, and a pass through of lower input costs to consumers, the finance ministry said in its Monthly Economic Review (MER) for October, which was released on Thursday. The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports. "Easing international commodity prices and new Kharif arrival are set to dampen inflationary pressures in the coming months.
The election results wil have a positive or neagtive impact on the economy depending on which party will win the elections.
The Bank Nifty is high beta anyhow and it could move the broader market.
'A fragile Sri Lanka will have a serious impact on the security of India.'
I think it is a clear objective in India to bring the fiscal deficit down as part of its fiscal consolidation, says Anoop Singh.
Shoshani, who shared the dais with actor Anupam Kher at a press conference in Mumbai, said the The Kashmir Files is not propaganda but a "strong movie" that gives place to sufferings of the people of Kashmir.
Softening of global commodity prices might not help much
It believes that there had been "little progress" in structural reforms.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
A rise in farm sector is estimated to raise demand for industrial goods and services, it added.
About 60 per cent of net sown area of the country is rain-fed. With every one per cent deficit in rains, the country's gross domestic produce falls by 0.35 per cent.
The export of more than 100 agricultural and processed food items have increased by 24.43 per cent to Rs 39,461 crore (Rs 394.61 billion) in 2008-09 from Rs 31,712 crore (Rs 317.12 billion) in the previous year due to substantial growth in fresh fruits and vegetables, meat products and processed foods, government's agri-export promotion body APEDA chairman Asit Tripathy said in New Delhi on Monday.
The US government began a partial shutdown on Tuesday for the first time in 17 years.
According to a study by the Centre for the Study of Science, Technology and Policy based in Bangalore, there is a good chance of nuclear power contributing about 57,000 MW by 2030 through LWRs and FBRs. By building more PHWRs too -- with totally indigenous technology, but run on imported uranium fuel -- the level could touch 70,000 MW or higher
Standard and Poor's on wednesday said India was largely insulated from problems posed by the financial crisis and the slowdown in the United States, but added that it had to grapple with its own set of challenges, the chief among them being inflation. While the economic growth is expected to slow down this year, policymakers are grappling with a more complicated situation, which could see the subsidy bill rise as the country prepares to go to polls in the next 12 months.
The demand for minerals, boulders and sand is so great that it has fueled a black market and the goons who control this trade do not hesitate to kill law enforcement officers and reporters who have tried to expose them.
In the book 10 Flashpoints: 20 years that is set to be released on December 2, the former union minister has looked back at the security situations that have impacted India in the last two decades.
Human Development -- a measure of a nation's health, education, and average income -- has declined for two years in a row.
With US Fed increasing interest rates to 3%, equity money flows into emerging markets like India could be impacted in the medium term.
Bihar is no stranger to being at the centre of a tectonic shift in national politics fuelled by turbulent regional forces.
The Russia-Ukraine conflict would have nil or negligible impact on India's foreign trade, and the crisis may give domestic exporters an opportunity to ship more wheat in the global markets, sources said on Thursday. India's central pool stood at 24.2 million tonnes, twice more than the buffer and strategic needs, they said. More than a quarter of the world's wheat export comes from Russia and Ukraine.
On February 24, when Vladimir Putin announced a military operation on Ukraine, few would have thought that Indian government-owned GAIL India would feel the impact. The tensions over gas supplies were essentially a Europe-Russia problem, related to the sanctions western economies imposed on Moscow. But the EU depends on Russian imports for 40 per cent of its gas stocks, an over-dependence that Russia has underlined with Kremlin-owned Gazprom cutting its supplies through the Nord Stream 1 pipeline to 20 per cent, citing maintenance issues.
Nepal's decision to ban the import of non-essential items amid depleting forex reserves may hit Indian exports. The country's central bank - Nepal Rastra Bank - last week instructed commercial banks not to open letters of credit (LCs) for importing non-essential items. This is to prevent further decline of the country's foreign exchange reserves. However, it has not issued any formal communication yet.
'Both Russia and the USA seek New Delhi's friendship, because for both -- Russia and the USA -- India is a certain counterbalance to China.'
It makes a difference, but India is tough enough to face any challenge, the IAF chief said.
Beth Payne, consul general, consulate general of the United States of America said, "Although we cannot predict the number, there has always been a cap on the H1B visas. The number of petitions filed every year are always more than number of H1B visas we can issue because of which we had to introduce the lottery system. I don't see any major impact on India because of the restriction."
'Russia has got inherent military strength, they have a very good military equipment manufacturing infrastructure and by and large they are self-sufficient in their production capabilities'
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'We have not had one discussion on the border incursions or the subsequent report of the building of Chinese villages on Indian territory in Arunachal Pradesh.'
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