According to data on the global commodity market from March 2022, wheat and oil are currently both about 50 per cent more expensive than they were a year ago. The prices of other cereal grains are also rising. For importing countries, these price increases present a...
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Sales of Mumbai house priced above Rs 10 cr double to Rs 20,255 cr: Report
"During the lockdowns, HNIs and ultra HNIs got the much-needed break to analyse and strengthen their real estate portfolio," Abhishek Kiran Gupta, CEO and co-founder, CRE Matrix Sales of luxury housing units priced over Rs 10 crore in Mumbai jumped more than two-fold...
Real-time payments expected to boost India’s GDP by $45.9 bn in 2026
"India's craving for cash may be plummeting, but there is still a great deal more to do. It is time to accelerate our efforts and expand this impact beyond the top tier metropolitan areas and replicate our success for the benefit of the entire country," said Ankur...
Investors lose over Rs 6.47 trn in two days amid global market crash
"We expect markets to remain volatile amid worries about inflation and its impact on corporate earnings, while also fuelling concerns over aggressive US Fed rate hikes in the near term," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services...
India-1.06 cr domestic passengers travelled by air in March; around 38 pc more than Feb: DGCA
The passenger load factors, which means occupancy rates, were above 80 per cent for all Indian private carriers in March, the Directorate General of Civil Aviation (DGCA) stated in its monthly statement. New Delhi: Around 1.06 crore domestic passengers travelled by...
34 per cent of Pakistan’s population lives on just Rs 588 a day income: World Bank
The poor spend around 50 per cent of their total consumption on food items, the World Bank said in the report released on Tuesday, the day Prime Minister Shehbaz Sharif appointed Isamil as the finance minister. Around 34 per cent of Pakistan's population lives on just...
Over 1.67 lakh companies incorporated in India last year: MCA
''The incorporations during FY 2021-22 are 8 per cent more than the incorporations during FY 2020-21. While MCA had registered 1.24 lakh companies during FY 2018-19 and 1.22 lakh companies in 2019-20, respectively, it had registered 1.55 lakh companies during FY...
India-Fundraising via debt placement hits 6-yr low at Rs 5.88 lakh cr in FY22
Unless the high government borrowings and adverse interest rate cycle play spoilsport, the ongoing financial year is expected to be robust in terms of fundraising activities through the debt route on account of higher demand for credit from corporates in light of the...
Afghanistan’s per capita income falls by one-third in last months of 2021: World Bank
The political crisis has put the gains of around two decades in Afghanistan at risk and will lead the country to grave poverty, the World Bank said. According to the statement, if the current condition continues, the Gross Domestic Product per capita will decline by...
Auto sales remain in slow lane in FY22; two-wheeler dispatches lowest in 10 years
SIAM noted that the two-wheeler dispatches in last fiscal were the lowest in 10 years. Similarly, passenger vehicle dispatches last fiscal were below 2017-18 and 2018-19 levels. ''While some segments like commercial vehicles and SUVs are seeing improvement in demand,...