GDP
In the Dattowala area of the Nalagarh industrial area, there has been an issue of a case of violation of Section 118 under the HP Tenacy and Land Reforms Act of 1972. The stretch of around 10 bigha land which was purchased for the use of industrial park is now being used for the construction [...] Continue Reading »
As venture capitalists have hurried to get the best in India’s fast growing starting market, we can find a sudden rush of money coming into selected set of many emerging business companies. In the coming year more than half a dozen of sectors like e-commerce, mobile internet, big data, technology services and makers of software [...] Continue Reading »
The Union Budget of 2014 maintained the government’s commitment to fiscal consolidation by sticking to a fiscal deficit target of 4.1 percent of the gross domestic product or GDP. The current year’s target does not only express the commitment to fiscal prudence but also shows the road map to reach the fiscal deficit of 3 [...] Continue Reading »
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »
All the eyes are on the current budget as after a few years of slow economic growth and poor GDP, the industries and the general public is looking at the maiden budget of the Modi led government with a lot of expectations. The finance companies and analysts are speculating that the infrastructure sector is expecting a [...] Continue Reading »
With a contribution of approximately 5 percent to India’s total GDP, Mumbai – the ‘Maximum City’ – is a dynamic metropolitan which is expected to witness further growth in the coming 7-year period. Mumbai’s growth over the next few years will largely be driven by the fact that the city’s prominent growth sectors – including [...] Continue Reading »
Property bubble in China is not a new topic. Economists have for quite a long time deliberated over the meteoric rise of home prices, and the runaway pace of new construction. There have been a lot of reports on “ghost cities” — newly constructed Chinese municipalities that were never occupied — led to frequent warnings [...] Continue Reading »
The real estate sector facing crisis is neglected by the United Progressive Alliance (UPA) government but now the realty sector is banking its hopes on Narendra Modi and Bharatiya Janata Party (BJP) to improve its prospects. In the phase of economic instability, the real estate sector has been facing some stress. The industry is looking [...] Continue Reading »
Mr. C. Shekhar Reddy, President Credai-National, says that the real estate sector has been witnessing high input costs, high cost of funds and a moderate demand over the last few months. The real estate sector has been neglected and requires immediate concern to develop confidence. Mr. Anuj Puri, Chairman and Country Head, JLL India, says [...] Continue Reading »
Foreign direct investment (FDI) into the services sector dropped by 60 percent to USD 1.59 billion in the last three quarters of year. This sector includes banking, insurance, outsourcing, R&D, courier and technology testing, it received FDI worth USD 4.04 billion in the April-December period of 2012, and this is according to the data collected [...] Continue Reading »
