Economy / Deccan Chronicle
Hyderabad: The Cyberabad police arrested one Mohammed Amjad Khan, 40, in connection with the murder of Congress worker Mohammed Maqbool Ahmed, 60, over distribution of money from real estate deals. Police said Amjad Khan felt short-changed and plotted the murder of Ahmed as well as his associates, N. Manoj Kumar and Abrar Shareef. They had reportedly sold land at various locations, but Amjad Khan felt that he did not get his due share from the trio, said Rajendraanagar ACP T. Srinivas. On May 4,
Hyderabad : BJP Malkajgiri candidate Etala Rajendar urged voters to reject politicians who are focused on their real estate business, rather than serving the public interest, at a meeting with residential welfare associations in Yapral. Rajendar condemned the trend of real-estate businessmen entering politics solely to further their business interests. He positioned himself as a full-time politician committed to serving the people, highlighting his availability round the clock and his exclusion
Hyderabad: The Hyderabad Central Crime Station (CCS) police on Friday arrested VBJ Capstone Builders Pvt Ltd owners Kandula Venkata Prasad Gupta and his wife Anuradha for cheating a customer in a real estate deal. The police were acting on a complaint from Mopidevi Mahalakshmi of Lakeview Residency, Sainikpuri, alleging that VBJ Capstone Builders sold a plot at a lower price at Laxmi Nagar Colony Welfare Society in Kapra village but gave her fabricated ownership papers. The accused collected Rs.
Double-digit growth in high-end property purchases above Rs 4 crores underscores investor confidence and robustness of the economy
Hyderabad: The railways will provideeconomymeals at affordable pricesto rail passengersin the summer. The facility will be available at 12stationsnear the general coaches, a statement said. There are two categories, the economy meal which costs `20 and thesnackmeal which comes at `50. Passengers can buy their refreshments directly from these counters, eliminating the need to search for vendors or venture outside the station In the South Central Railway (SCR) zone, the facility will be available
Hyderabad: It's been just 138 days since the new Congress government took over in Telangana state but it has been successful in putting the real estate sector back on track. The real estate sector is booming, propelled by a surge in high-value home registrations in Hyderabad. Properties worth more than Rs 4,000 crore were sold in March 2024, said Knight Frank India, indicating how the realty sector bounced back within a short period of time. Realtors say this robust growth is contrary to specula
Upcoming fiscal year anticipates above-normal rainfall, robust domestic demand, and global economic adjustments, signaling optimism for India's economy
Visakhapatnam : Revenue minister Dharmana Prasada Rao has criticised Opposition leader N. Chandrababu Naidu for not being committed to the development of north Andhra and questioned his stand on making Visakhapatnam the capital. Naidu was more interested in turning Amaravati into a real estate venture rather than focusing on backward regions like north Andhra, Prasada Rao said. Addressing a gathering at the Government Arts College ground in Srikakulam on Saturday, Prasada Rao highlighted the pro
FC Correspondent New Delhi, April 12 Moody's Analytics on Friday projected India's economy to expand 6.1 per cent in 2024, lower than 7.7 per cent growth clocked in 2023. It also said that looking at gross domestic product or GDP relative to its trajectory prior to the pandemic shows that India and Southeast Asia have seen some of the largest output losses worldwide and are only beginning to recover. The output in India remains 4 per cent lower than it would have been without the Covid pandemic
New Delhi: Exuding confidence over the Indian economy due to its current pace of growth, the World Bank has said that the countrys economy is expected to have grown 7.5 per cent in the 2023-24 fiscal year on the back of robust growth in the third quarter, revising its earlier forecast of 6.3 per cent. However, it also expects growth to pick up in subsequent years as a decade of robust public investment starts yielding dividends, according to the World Banks latest South Asia Development Update
Further impetus to the Modi government to push ahead with key economic reforms, including Goods and Services Tax (GST) Further impetus to the Modi government to push ahead with key economic reforms, including Goods and Services Tax (GST) New Delhi: The government on Friday said that amid sluggish global growth, India's strong economic performance, borne out by recent data, stood out to be bright due to strong growth and robust fundamentals, but headwinds such as hardening crude oil prices, and g
Revanth Reddy claimed that the Congress government created history by filling 30,000 government jobs in three months
New Delhi: Slamming the criticism over electoral bonds, Union finance minister Nirmala Sitharaman, on Friday said that the links between any probe agency raids and electoral bonds were mere assumptions. I think youve based yourself on huge assumptions, that the money was given after the Enforcement Directorate (ED) raid happened. For all you know, the money was given earlier, and despite that, we went knocking at their doors..., she said at a conclave, while commenting on a question about the li
Chennai: India will enter the upper-middle income category by FY36 and a $15 trillion economy by FY47, finds India Ratings. Until 2006, the World Bank classified India as a low-income country. In 2007, India moved to the lower-middle income country and since then has remained there. Indias per capita GDP stood at $2,390 in 2022. While India aims at becoming a developed, $30 trillion economy by 2047, the onward journey of $3.6 trillion dollars in FY24 will depend on the rate at which the real GDP
Visitors to the Numaish look at the Metro Rail coach on display. Hyderabad : The announcement of a new Metro route in South and elevated corridors in North of Hyderabad, the real estate will spread out more in the city and there will be development in those regions as well, said V Rajashekar Reddy, president, Credai Hyderabad. He said that in a long way, anything in the infrastructure sector with road connectivity there will be development in overall living standards and that let development be
Chennai: Women in the workforce has to go up by 50 per cent for the country to become a $7 trillion economy by 2030. If India wants to be the third-largest economy after the US and China by 2030, boosting female participation in the workforce is crucial to speed up this growth. Women can contribute significantly across industries, from farming to tech, creating value, and wealth, further driving the GDP to $7 trillion, finds NLB Services. Currently, millions of Indian women are employed in unorg