Predictions of a normal monsoon, falling inflation and government spending bode well for recovery in rural India.

Industrial coatings have continued to report healthy performance but slightly weaker growth compared to previous quarter

Margin improves in all segments due to gross margin and scale benefits

Constructive pronouncements from Federal Reserve Chair Jerome Powell and softer employment data fueled the uptick. Yet divergent economic reports are proving costly again and again for investors placing bets on the Feds next move on interest rates a move that ostensibly hinges on the economic data.

In the US, the closely watched jobs report pointed to moderating labor demand and slower wage growth. That should help temper stubborn inflationary pressures, which explains why the Federal Reserve kept rates unchanged this week and signaled they may stay higher for longer.

Birla Estates is a fully owned subsidiary of Century Textiles and Industries and the real estate venture of the diversified conglomerate.

The blockbuster drug producer is Europes most valuable company and its home country is feeling the effects.

The acquisition would help expand the company's presence in Mumbai and is expected to lead to synergies and add value for all the stakeholders.

The Indian economy continues to thrive with positive monsoon forecasts, as per the NCAER report, citing high-frequency indicators like PMI and UPI reaching record highs.

The Bank of Japan kept interest rates unchanged, driving the yen to a fresh 34-year low, while US inflation showed few signs of simmering down.

Total income also fell to Rs 468.75 crore during 2023-24 from Rs 648.47 crore in the preceding year, according to a regulatory filing on Friday.

Data this week signaled the fledgling recovery in Europes largest economy is gaining momentum especially in service sectors like tourism and hospitality. The mood among businesses is perking up as confidence builds that a widely anticipated winter recession has, in fact, been avoided

The latest good news and bad news about the US economy is just plain bad news for Joe Biden.

US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run of strong demand and muted price pressures that had fueled optimism for a soft landing.

Edelweiss invests Rs 450 crore in Century Real Estate to develop luxury project in Bengaluru, with funds also earmarked for other ongoing ventures.

Domestic inflows continue to be structural as households raise their share of savings into equities.

Powells latest pivot creates a quandary for central bankers around the world.

The only thing that can derail India's story in the near term is the escalation in oil prices, he says.

(Bloomberg) -- The European Central Bank will set monetary policy based on the situation on its home turf rather than take its cue from the US, according to Governing Council member Mario Centeno.

India's economy is estimated to grow at 8-8.3 per cent in the current fiscal, industry body PHDCCI said on Wednesday.

Return-to-office has picked pace; physical occupancies ramping up, while mall retail consumption shows growth challenges

Addressing a gathering at a book launch programme, Subbarao also said, citing Saudi Arabia, that becoming a rich country does not necessarily mean becoming a developed nation.

The PE inflow in real estate stood at $5,138 million in 2019-20, $6,377 million in 2020-21, $4,236 million in 2021-22 financial year.

The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat of inflation.

They are relatively well-placed to handle the immediate uptick in the geopolitical risk premium. They are not well-placed to navigate further escalations that would involve more parties in a more significant manner.

The undertone of the manifesto is to provide more credit-centric support to foster entrepreneurial spirits, says Citi Research.

Lower borrowing costs would help nudge a European economy thats struggled to register any growth for longer than a year.

Asset-light business model, efficient and scalable

Most Indian realty companies may outperform their annual guidance on key operational metrics such as pre-sales growth in fiscal 2024. Eight real estate firms' business updates revealed that six exceeded their annual guidance in key operational metrics such as pre-sales growth in FY24. Signature Global (India) Ltd. led the way, surpassing its annual guidance by 61.5%, thanks to the successful launch of its first-ever premium housing project in Gurugram. Ajmera Realty & Infra India Ltd. reported i

Muhammad Aurangzeb took up the post last month at a time when Pakistans economy is enduring the most turbulent period in its history.

The real estate sector weakness 'will take a bit of time to overcome, but it will happen', report from a Singapore-based group said.

The stock rose as much as 4.98% during the day to Rs 144.3 apiece on the NSE.

A steady march higher in markets was snapped by a stretch of jarring volatility as traders gave hints theres a limit to their appetite for hot economic data.

Indiabulls Real Estate said its key management personnel and senior management personnel have agreed to the preferential issue and will infuse over Rs 63.56 crore in the company.

A rapid recovery would give a boost to Prime Minister Rishi Sunak in the election likely to happen later this year.

The report identifies 821 criminal groups with an overall membership of over 25,000 that pose the highest-risk to the bloc.

The Technology Trends 2024 report: India perspective said GCCs are taking the lead in 2024, showcasing Indias growing prowess in catering to international technology needs.

Our analysis of 2024-25 budgets of 20 large states confirms that states have budgeted a fiscal deficit of 3.2% of GDP in FY25 versus 3.5% of GDP in FY24RE and 2.8% of GDP each in FY22/FY23.

South Asia is expected to be strong at 6% in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka.

Iron ores reset to around $100 a ton is indicative of a broader reshaping of Chinas commodities markets that favors the new economy over the old.

The institutional investments stood at $1,658.3 million in the year-ago period.

Many of the DLF projects may not be completed in the next threefour years despite strong pre-sales growth, Morgan Stanley says.

What does the CES data reveal?

Bloomberg Economics ran a million forecast simulations on the US debt outlook. 88% of them show borrowing on an unsustainable path.

Here are some of the charts on the latest developments in the global economy, geopolitics and markets.

New data Friday from the Bureau of Economic Analysis showed that even after adjusting for inflation, personal spending climbed 0.4% in February, comfortably exceeding the median estimate of economists surveyed by Bloomberg for a 0.1% increase.

Thailand took the first step toward legalizing casinos, as the government looks to attract high-spending tourists to support Southeast Asias second-largest economy while also checking revenue leak from illegal gambling.

Kant further said India is going to be the third-largest economy by surpassing Japan and Germany by 2027.

US Treasury Secretary Janet Yellen said she plans to press China in an upcoming visit to the country on a ramp-up in its industrial capacity thats distorting the global economy.

REER is appreciating, so Reserve Bank of India unlikely to countenance stronger INR.