Despite the reduction in repo rate by 50 basis points, the banks have cut MCLR by up to 10 basis points only benefitting the borrowers marginally. Expectations range from 25 basis points to 50 basis points for the next reduction with a mechanism that ensures that the reduction is passed on to the borrowers.
Year 2018 was a veritable roller-coaster ride for the Indian real estate. Despite signs of recovery across segments, the liquidity crunch – further exacerbated by the NBFC crisis – put all industry stakeholders on tenterhooks.
By 2020, India is set to become the world's youngest country with 64 per cent of its population in the working age group. With the West, Japan and even China aging, this demographic potential offers India and its growing economy an unprecedented edge that economists believe could add a significant 2 per cent to the GDP growth rate.
The whole country is crying foul. Business confidence is at its lowest ebb. GDP growth is sliding to new lows. Fiscal deficit is on the rise. Exports are plummeting despite the currency’s free fall. Yes, the scenario is glum and the mood is depressed. I always manage to see a silver lining but today I am challenged. Our country is resilient but there is a limit to the stretch.
It is crystal clear, right at the beginning of 2012, that inflation regulation has choked growth; policy paralysis has caused government expenditure to dwindle; the government is way behind all targets of growth; forex volatility, a blot from the blue,
Here's a company betting on life beyond the metros. With projects spread across India encompassing more than 40 million sq ft, including a variety of tier-II and -III cities, Alpha G: Corp has its eye - and its name - on the skylines of Ahmedabad, Amritsar, Delhi and the NCR,
The new year is all about going UP. If you're about to dismiss this as a wrong insight, given the dismal business sentiment with no graph headed in that direction, here's a clarification: the 'UP' being referred to is the state of Uttar Pradesh
The quarter ending September 2011, which also happened to be lean for construction activity, witnessed modest topline growth, but net profit took a severe beating amidst rising costs and hard-to-come new projects, according to Nitin Madkaikar, Economist, FIRST Infocentre.
The rainfall blessing, which this column referred to as the last miracle in boosting the country’s economic sentiment, has failed us. But here’s the silver lining: this will impact only 1 per cent of the country’s GDP!