The Budget-induced optimism got a leg to stand on as the Sensex today pushed higher for the fourth day by scoring 199 points to close at 28,439 -- a 4-month high -- after hopes built up that RBI may lower rate at its policy meet on Wednesday. Driven by the ... Deccan Herald, 2 weeks ago
Budget 2017 offers hikes in government spending and cuts in taxes as Prime Minister Narendra Modi promises to help the poor and to win back the votes of those hit by his crackdown on "black money". Finance Minister Arun Jaitley announced increases in spending ...Sify, 2 weeks ago Budget 2017: Likely winners and losers - Sectors and Companies Sify, 3 weeks ago FACTBOX: Likely corporate winners and losers from India's 2017 budget Sify, 3 weeks ago
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation, reports Raghavendra Kamath/Business Standard from Mumbai. The year 2016 was good for commercial real estate, including malls and office property. However, pain continued for residential real estate. While the housing segment went through a prolonged slowdown, the Real Estate (Regulation & Development) Act or Rera was a further ...Rediff.com, 1 month ago
Falling sales since demonetisation has alarmed CEOs, who want to save cash till the economy recovers. The Indian corporate sector, looking forward to a rate cut on Wednesday, is facing a double whammy of high interest rates and falling sales due to demonetisation. Chief executive officers said they would now wait to take investment decisions till the economy improves, by April next year. "The credit policy comes in the most unusual of circumstances and the Reserve Bank of India's decision to ...Rediff.com, 2 months ago
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