Around 78,000 ready-to-move-in housing units, valued at Rs 65,950 crore, remain unsold in the country, according to a report by Anarock Property Consultants....
The government did not want to give one big package unlike other countries and many medium size packages are likely to be announced and response will be sooner than anticipated, according to Sanjeev Sanyal, Principal Economic Adviser, Finance Minister. ...
Fitch Ratings has reduced its economic growth forecast for India to 0.8 per cent for the current fiscal on the back of disruptions caused by the COVID-19 outbreak....
Small and medium-sized enterprises (SMEs) in India are set to benefit from a $30 million global "anti-COVID" programme that Alibaba Cloud, the data intelligence backbone of Chinese e-commerce giant Alibaba Group, launched on Thursday....
A World Gold Council report on Thursday said that around 29 per cent of the retail investors in India have never bought the yellow metal, but are open to the idea of buying it in future. ...
With the prospect of a prolonged recession hardening as the spread of the coronavirus hardly showing any signs of slowing down drastically, many business leaders believe that some companies may not survive the impact of the pandemic with CEOs in Asia seeing the greatest impact to their revenues, says survey. ...
As Facebook is set to take up nearly 10 per cent stake in Reliance Jio, Mark Zuckerberg, the Facebook CEO on Wednesday said that both the companies would work on some major projects to open up commerce opportunities for people in India....
It was coming but no one thought it to be this big, especially during the grim COVID-19 times. Facebook's $5.7 billion investment (approx. Rs 43,574 crore) in Reliance Jio has created ripples in the Indian tech and ecommerce sector, leaving the leading players guessing what is coming next. ...
Union Finance Minister Nirmala Sitharaman would soon discuss the states' financial affairs with their Finance Ministers through video link, Assam's Finance and Health Minister Himanta Biswa Sarma said here on Monday. ...
The Enforcement Directorate (ED) on Monday said that it has attached 124 immovable properties valued at Rs 175.29 crore of Prakash Vanijya Pvt Ltd and others for defrauding Central Bank of India to the tune of nearly Rs 235 crore. ...
