January 7, 2009 – 7:17 am
Expecting a lower economic growth of 6.5-7% for the next fiscal, the government today said that its main priority is to minimize job losses resulting from the global downturn. Minister of State for Industry Ashwani Kumar described the 10 million job loss figure given by the Federation of Indian Export Organizations (FIEO) as “unrealistic”. However, […]
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Posted in Real Estate News
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Also tagged American Chamber Of Commerce, Export Organizations, Fieo, Gems, Global Downturn, Indian Export, Indo American, Industry Sectors, Infrastructure Projects, Job Losses, Minister Of State, Realistic Figure, Sectoral Issues, Stimulus Package
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November 10, 2008 – 5:17 am
MUSCAT:Prime Minister Manmohan Singh on Sunday conceded that economic growth may slow down “somewhat” next year but said the fundamentals of the economy were strong and the banking system was safe and sound. Addressing the Indian diaspora and the business community at two functions on the second day of his two-nation tour, the Prime Minister […]
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Posted in Real Estate News
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Also tagged Banking System, Demographic Profile, Economic Fundamentals, Financial Institutions, Financial Situation, Indian Diaspora, Investment Fund, Manmohan Singh, Memorandum Of Understanding, Motherland, Nation Tour, Prime Minister Manmohan Singh, Remittance, Social Infrastructure, Term Measures, Time India
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August 29, 2008 – 2:19 am
As India continues its scorching pace of economic growth, many sectors that were not historically favoured by the government are gaining prominence. One such sector is real estate, which has a large employment generation potential and is a significant source of tax revenue. Additionally, this sector has attracted a large amount of foreign investment in […]
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Posted in Real Estate News
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Also tagged Ambiguities, Complexities, Construction Activities, Contract Sales, Employment Generation, Expanding Service, Foreign Investment, Immovable property, Indirect Tax, Indirect Taxes, K Raheja, Latest Addition, Prominence, Real Estate Sector, Residential Apartment, Residential Complexes, Sales Tax, Tax Act, Tax Authorities
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Mumbai’s industrial property rents almost doubled last year, rising at the fastest pace in the world. According to an international report, annual industrial rents in India’s financial capital surged to nearly 80 euros (127 dollar) a square meter. Global average rents rose by more than 6 %, outpacing the 4.5 % increase in 2006, with […]
