Connaught Place in Delhi-NCR marked a 33 per cent year-on-year growth in rental rates for high street retail space, the highest amongst the tier 1 cities. Delhi's Connaught Place was followed by two high streets in Bengaluru -- Hennur Main Road and Commercial Street with 20 per cent and 17 p
In 2023, there has been a sharp rise in low-performing shopping malls with approximately 13.3 million square feet of retail space categorised as 'ghost shopping centre', a 59 per cent year-on-year surge.
According to CareEdge Ratings, gross bank credit offtake showed a year-on-year increase of 20.2 per cent in March 2024, attributed largely to the merger between HDFC Bank and HDFC Ltd.
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in April month. The GST collection has also registered a 12.4 per cent year-on-year growth.
Total demand, gauged in cargo tonne-kilometres (CTKs), surged by 10.3 percent compared to March 2023 levels (11.4 percent for international operations), marking the fourth consecutive month of double-digit year-on-year growth.
Global gold demand was up 3 per cent year-on-year at 1,238 tonne in the first quarter of 2024, marking the strongest first quarter since 2016, according to World Gold Council's Gold Demand Trends report.
Fitch Ratings expects India's power demand to rise by 7-8 per cent year-on-year in second quarter of 2024 due to robust industrial activity, strong GDP growth and the Indian Meteorological Department's (IMD) forecast of above-normal temperatures during the summer months.
Ind-Ra expects the prices to have been higher 22 per cent year-on-year at end-2023-24 and would be subdued at around 5 per cent for 2024-25, due to the base effect and large amount of new launches planned.
According to a press release, the airport also accommodated 324,972 Air Traffic Movements (ATMs), recording a 12 per cent year-on-year growth rate compared to FY 2022-23 (290,387 ATMs).
Bengaluru (Karnataka) [India], April 19: Bengaluru is leading a significant shift in India's automotive scenario, with a growing number of residents opting for pre-owned vehicles. Spearheaded by CARS24, India's premier AutoTech company, the city has seen an impressive 87 percent growth in us
Mumbai (Maharshtra) [India], April 19: Beauty Garage Professional, a true made-in-India brand reinventing the hair care industry, proudly announces its remarkable 60% year-on-year growth year and increasing market share of the hair care and hair treatment segment through their diverse produc