The property price index has been growing steadily in India in the past few years. The All India House Price Index (HPI) published by the Reserve Bank of India (RBI) grew at an annual rate of 3.5 per cent for the quarter which ended in June (Q1: 2022-23), expanding 1.8 per cent compared w
Last week, the Chinese government released data which showed that new home prices fell at their fastest rate in over seven years, while property sales measured by floor area fell for a 15th straight month in October.
Beijing [China], September 23 (ANI): European corporate investment in China is slackening as the country's real estate market is slumping, consumer spending drying up because of stringent "Covid zero" policies, as well as American investment is also faltering because of geopolitical tensions
New Delhi [India], August 24 (ANI): The ongoing sluggish economic growth in the US is expected to continue through the end of 2023 as moderate gains in consumer spending and government purchases are offset by a significant decline in construction activities, global business intelligence solu
New Delhi [India], April 22 (ANI/PNN): Over the years, India has emerged as one of the fastest-growing economies in the world and an attractive investment destination driven by economic reforms and a large consumption base. India's gross domestic product (GDP) at current prices stood at Rs.
Beijing [China] March 11 (ANI): China, which is the second-biggest economy in the world, is facing a slowdown due to a slump in manufacturing, real estate, exports, inflation, and consumer spending, according to several reports, which added that the ongoing Ukraine crisis poses may further d
Singapore, Sep 9 (ANI): Fitch Solutions has forecast Nepal's real GDP growth to strengthen to 5 per cent in FY22 (mid-July 2021to mid-July 2022) from the provisional estimate of 4 per cent in FY21.
Singapore, Aug 28 (ANI): Fitch Solutions has forecast real household spending in India to post a growth of 8.9 per cent year-on-year in 2021 following a contraction of 9.3 per cent in household spending estimated over 2020.
Mumbai (Maharashtra) [India], Aug 4 (ANI): Air conditioning and commercial refrigeration major Blue Star said on Wednesday its net profit for the quarter ended June was Rs 13 crore compared to a net loss of Rs 20 crore in Q1 FY21.
Singapore, July 28 (ANI): Rising internet usage, increasing middle class with greater consumer spending power and the youth demographic representing a greater share of the country's population are driving the Indian e-commerce market's ongoing development, Fitch Solutions has said.
Singapore, June 8 (ANI): Fitch Solutions on Tuesday held an optimistic outlook for the Indian consumer over 2021 with real growth in household spending forecast at 9.1 per cent year-on-year.
Mumbai (Maharashtra) [India], May 27 (ANI): The automotive components sector will see revenue rebound 21 to 23 per cent next fiscal as domestic and export demand revives after two straight contractions, a Crisil research analysis shows.