By: Lucia Mutikani WASHINGTON: U.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained… Read more »
By Hilary Russ NEW YORK: New York City wasted as much as $2.8 billion over an 11-year period on condominium apartments included in a massive affordable housing tax break program,… Read more »
NEW DELHI (INDIA): The Government of India says that the adverse impact of demonetisation on GDP growth will be transitional. The Economic Survey 2017 presented in Parliament today by the… Read more »
NEW DELHI (INDIA): The Economic Survey 2016-17, presented today in the Parliament by the Union Finance Minister Arun Jaitley, stated that Urban Local Bodies (ULBs), having primary responsibility for the… Read more »
NEW DELHI (INDIA): New estimates of labour migration in India have revealed that inter-state labor mobility is significantly higher than previous estimates. This was stated in the Economic Survey 2016-17… Read more »
NEW DELHI (INDIA): The Indian Economy has sustained a macro-economic environment of relatively lower inflation, fiscal discipline and moderate current account deficit coupled with broadly stable rupee-dollar exchange rate. The… Read more »
NEW DELHI(INDIA): Realty major DLF Ltd said that its shopping mall in Noida has been included in the CBRE’s list of 22 best retail projects globally for creating an environment… Read more »
HYDERABAD (INDIA): Kakinada SEZ Ltd (KSEZ), a subsidiary of GMR Infrastructure Limited (GIL), said today it has signed a series of MoUs with firms interested in setting up of manufacturing… Read more »
NEW DELHI (INDIA): PNB promoted Punjab Housing Finance Ltd plans to raise up to Rs 1,025 crore for business expansion by issuing bonds in a private placement basis. The private… Read more »
NEW DELHI (INDIA): Shree Cement Ltd reported a marginal increase of 0.72 per cent in its standalone net profit to Rs 235.45 crore for the third quarter ended December 31…. Read more »