Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

Mumbai Metropolitan Region (MMR) currently has 154 high-rise towers of more than 40 floors each and over 200 skyscrapers are expected to come up in the city till 2030, according to Anarock. Real estate consultant Anarock Chairman Anuj Puri said between 2019 and 2023, 154 high-rises with over 40 floors hit the MMR market. “…between […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

A transformative era is on the horizon for India’s leasing sec tor, according to the latest report by FICCI and PwC titled, ‘Unveiling Opportunities: Exploring India’s Leasing Landscape’. The report underscores leasing as a pivotal mechanism for fostering growth across both private and public sectors, with implications for financial inclusion, particularly among micro, small, and […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

The Economic Research Department of the State Bank of India (SBI) has released a detailed research report authored projecting a significant boost in India’s economic growth, driven by a recovering global economy. The report anticipates that India’s GDP growth could touch 8 per cent in FY24, supported by strong per formance across various economic indicators […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

Since 2021, the India Meteorological Department (IMD) has been using a new strategy for issuing operational long rangeforecasts on a monthly and seasonal scales for rainfall and temperatures across the country. For this, a newly developed Multi-Model Ensemble (MME) forecasting system is used. The MME system utilizes simulations from the coupled global climate models (CGCMs) […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

Gold prices have eased from their peak of mid-April, likely due to profit taking. Nevertheless high gold prices prevailed, ending April up 4% on the back of an 8% rise in March. Since mid-April1 gold prices have moderated 1% and have risen by 15% so far this year, trading at over US$2,350/oz at the time […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

As is the case with rapid population growth and urbanization in many so-called developing nations, waste management becomes a problem not only in rural areas but also in densely populated cities. A textbook example of this growth outpacing infrastructural capacities is the situation in urban hotspots in India like Delhi, where a report by Euronews […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

India was ranked 54th in the previously published index in 2021, though changes made to the index parameters limit its comparability to earlier years. India’s rank on the World Economic Forum’s Travel & Tourism Development Index 2024 has risen to 39th place, with global tourism activities returning to pre-pandemic levels, the annual report showed on […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

Going by a region’s prevailing unsold housing inventory as an indicator of its realty market’s health, North India’s Delhi-NCR – once notorious for speculation-driven oversupply and all-round market disarray – is in significantly better shape than the other regions. Latest ANAROCK data indicates that Delhi-NCR’s unsold inventory declined by a massive 57% in the last […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

Even as a slew of projections indicate moderation in India’s GDP growth in the range of 6.3 per cent in the fourth quarter ended 31 March, 2024, from 8.4 per cent recorded in the third quarter this fiscal, ICRA has projected the year-on-year (YoY) expansion of the GDP to moderate to a four-quarter low 6.7 […]

Unemployment rate dips to 6.7% in March quarter: survey

16 May 2024 01:48 AM IST

Indian households have been borrowing at a faster pace than they have been saving since the Covid-19 pandemic as a result of which ‘net’ household financial savings — gross financial savings adjusted for liabilities — have fallen. Household savings constitute 60 per cent of the total savings in the economy and bankrolls a large proportion […]