Mumbai (Maharashtra) [India], November 26: CREDAI-MCHI, the apex body of real estate developers, has unveiled its latest research analysis, spotlighting a transformative shift in India's urban housing markets towards luxury and premium properties. The study reveals significant growth in aver
The annual capacity of India's steel industry will increase by 20 million tons between the financial year (FY) 2025-27, says Acuite Ratings & Research in its recent report. The report gives a positive outlook for the Indian steel industry in the medium to long term.
During H1 FY2025, NCR saw the sale of approximately 32,120 units worth Rs 46,611 crore, compared to 32,315 units worth Rs 30,154 crore in H1 FY2024. While the number of units sold dipped slightly by 1 per cent, the total value of sold inventory surged by 55 per cent, underlining the growing
Ahmedabad (Gujarat) [India], November 4: Rushil Decor Limited (BSE: 533470) (NSE: RUSHIL) announces a strong positive outlook for the upcoming financial year, with a focus on the strategic roll-out of its Jumbo Laminate Project and expansion into the plywood market. These projects reflect th
Bengaluru (Karnataka) [India], October 25: Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, reported results today for the second quarter ended September 30, 2024.
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
The Asian Development Bank (ADB) on Wednesday forecasts India's economic growth at 7 per cent for the financial year FY2024 and 7.2 per cent for FY2025. ADB reiterated that India's economic growth will remain robust.
Tight liquidity conditions and strong credit growth, outpacing deposit accumulation, have prompted banks to turn to bond markets to meet their funding requirements. As of FY2025 year-to-date (YTD), banks have issued Rs. 767 billion in bonds, reflecting a 225 per cent year-on-year increase an
The demand for residential properties in Bengaluru has consistently outpaced supply, resulting in an 8.3 per cent reduction in unsold inventory, which stood at 75.1 msf by the end of FY24. Residential property prices in the city have grown at a compound annual growth rate (CAGR) of approxima
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24. Cumulative net fresh money creation during this period amounted to only Rs 0.6 trillion, a contrast to approximately Rs 20 trillion created in the three fiscal year
Surat (Gujarat) [India], August 13: BigBloc Construction Limited, one of the largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks and Panels in India has reported consolidated net profit of Rs. 3.03 crore (PAT margin 5.80%) for the Q1 FY 2024-25 ended June 2024. Revenue from
Ahmedabad (Gujarat) [India], July 30: Shah Metacorp Ltd (formerly known as Gyscoal Alloys Ltd) has reported net profit of Rs 23.27 crore for the first quarter of FY2024-25 ended June 2024 as compared to the net profit of Rs 1.25 crore in the corresponding period last year - nearly 20 fold gr