Economic growth
After almost two years, the Indian job market is showing signs of improvement as more than half of the companies surveyed said they are currently in hiring mode, according to search and selection specialist Antal International. There has been an ups- urge in the hiring activities as 52 percent of companies are recruiting new staff [...] Continue Reading »
It has been a mixed bag so far for the highways sector under the new government. And it has also taken some initiatives in order to ease the process to award projects and push through held-up works, but a key demand on the wish list of the road transport ministry and National Highways Authority of [...] Continue Reading »
The realty market is picking up after the change of the government in the center and that is evident in the financial balance sheet of HDFC Ltd. The Housing Development Finance Corporation (HDFC) on Monday reported a net profit of Rs 1,344.66 crore, up by 14.62 % year-on-year (Y-O-Y), for the quarter ending June 30, [...] Continue Reading »
Brakes have been put on mergers and acquisitions activity in the power and infrastructure space due to general elections. Earlier Infrastructure developers which were anxiously investigating for investors are now pushing negotiations waiting for elections as they suppose that a stable new government may increase their threadbare valuations. Conversely, the investors are going through deals [...] Continue Reading »
In drop-down of wealth, India has one of the worst records. As per the records of last year for every one billionaire in India, there were just 26 ultra high net-worth individuals (UHNIs) whose net assets are over $30 million without their primary residence. For every billionaire in Japan there were 609 UHNIs. In Brazil [...] Continue Reading »
Over recent years, National Highways Authority of India (NHAI) is not ready to accommodate an increase in project costs due to which road developers are in a fix. Since a number of projects have seen a 30 per cent rise in costs such as rise in bitumen, diesel and labour expenses, besides interest rates, developers [...] Continue Reading »
As per a report, India needs Rs 14 lakh crore for the growth of transport infrastructure to achieve 7 percent economic growth. The report says that the National Transport Development Policy Committee (NTDPC) needs to raise its investment in transport infrastructure like rail, highways, port and airport to Rs 70 lakh crore levels in 15th [...] Continue Reading »
The Tamil Nadu government is giving a lot of thought to the infrastructure development of the state to promote industries. The state government presented a no new-tax budget for 2014-2015. This move to promote industries amidst a “failing macro environment” is being taken to support the economic growth in the state. The government has decided [...] Continue Reading »
In terms of real estate, 2012 was a dull year because of poor industrial production and high interest rates, according to Jones lang LaSalle. In 2012, 1,60, 622 residential units launched and at the same period in 2011, 1,54,701 units were launched. The year-on-year rise in average residential capital value in 2012 was in the [...] Continue Reading »
New Delhi- The year 2012 unexpectedly saw a slower price appreciation in the residential sector of all the top seven cities in India. However, the average capital of the country was increased to only 1-3 percent. According to Jones Lang La Salle, the year 2012 was a sluggish year for the economic growth as there [...] Continue Reading »
