Residential demand and provide, within the high 9 cities in India, fell within the third quarter of 2024, each sequentially and yearly, based on knowledge from proptech agency PropEquity, which is listed on the NSE. The gross sales nonetheless outstripped launches. On a pan-India foundation new launches (provide) fell 15 per cent sequentially and 11 … Read more
Kerala is a powerful marketplace for Volkswagen India, contributing near 10 per cent of all India gross sales, Ashish Gupta, the corporate’s Model Director, mentioned. To strengthen its community footprint, he mentioned the corporate has opened six new buyer touchpoints, bringing the overall to 21 gross sales factors and 16 service amenities within the State. … Read more
India’s rising energy demand, rising at roughly 10 per cent yearly, is brightening funding prospects within the sector with main focus being on renewable vitality (RE) and transmission tasks. Moody’s Scores on Thursday mentioned that RE and electrical energy transmission will proceed to drive investments in India’s energy sector over the subsequent 6-7 years. “Incremental … Read more
New housing provide continued to lag demand in April as actual property builders slowed down the launch momentum leading to a ten per cent fall in new launches (by way of space) within the month within the high seven cities whereas gross sales rose 28 per cent. Essentially the most fall in new housing provide … Read more
India’s poultry exports touched a document $184.58 million (₹1,530 crore) throughout the 2023-24 monetary 12 months on demand for merchandise corresponding to eggs and egg powder from nations corresponding to Oman and Sri Lanka. Throughout 2022-23, India’s poultry exports stood at $134.04 million (₹1,081 crore). Components such because the Ukraine disaster and the earthquake in … Read more
The Centre has raised the month-to-month sugar quota to 27 lakh tonnes (lt) for Could from 25 lt launched for April, to fulfill the additional demand throughout election marketing campaign. The present allocation for Could can also be increased by 3 lt from the year-ago interval. The federal government decides how a lot sugar to … Read more
Quick-moving shopper items (FMCG) gamers are anticipating subdued progress within the home marketplace for the quarter that ended on March 31, 2024. The sector through the quarter noticed value cuts by FMCG corporations resulting in an uptick in demand in rural markets. “Demand traits remained sluggish through the quarter. Rural progress picked up fuelled by … Read more
Resilience of consumption demand has been a key development driver for the financial system in post-pandemic instances amidst geopolitical volatility. A report launched by the Division of Financial Affairs titled, The Indian Financial system: A Evaluation famous that this was not simply attributable to pent-up demand however was additionally pushed by elements together with astute administration … Read more
Dabur India on Thursday stated that it expects to register mid-to-high single-digit progress by way of its consolidated income for the December quarter. The FMCG main stated it witnessed sequential enchancment in demand developments and progress within the third quarter was largely volume-led. Nevertheless, it identified that rural progress nonetheless lagged behind city progress within … Read more
Chennai market is prone to witness an addition of about 14 million sq ft (msf) in workplace house within the subsequent two years amid sluggish progress in demand, say business analysts. The availability within the workplace house section has been outstripping absorption throughout the nation over the previous few years. 2023 witnessed some moderation. … Read more