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Economy / The Siasat Daily

India poised to stay worlds fastest growing economy in 2025-26: RBI bulletin

Mumbai: High frequency indicators point towards a sequential pick-up in momentum of Indias economic activity during the second half of 2024-25, which is likely to sustain moving forward, according to the latest RBI monthly bulletin. In a challenging and increasingly uncertain global environment, the Indian economy is poised to sustain its position as the fastest Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram

20 Feb 2025 1:35 pm
Real estate market in northwest Hyderabad witnesses boom

Hyderabad: The real estate market in northwest Hyderabad witnessed a boom in 2024 as it recorded the highest unit sales of the year. According to the data disclosed by CREDAI Hyderabad in collaboration with CRE Matrix, the city saw the sale of 65,177 residential units, amounting to a total of Rs 1.13 lakh crore. Real Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also d

19 Feb 2025 8:33 am
Temple economy is Indias largest economic activity: Andhra CM

Tirupati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday, February 17, said that the temple economy valued at Rs 6 lakh crore is the largest economic activity in the country. Addressing the International Temples Convention & Expo (ITCX), Naidu said that the temple economy is an area where activities take place throughout the year. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to o

17 Feb 2025 10:00 pm
Finance Minister gave very clear picture of Indian economy: PM Modi

New Delhi: Union finance minister Nirmala Sitharaman, while responding to the debate on the Union Budget 2025-26 in the Parliament this week, has given a very clear picture of the Indian economy and ongoing reforms, Prime Minister Narendra Modi said on Saturday. During her remarks in Parliament, Finance Minister @nsitharaman has given a very clear Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing

15 Feb 2025 9:29 pm
Customs duties rationalised in Budget to strengthen Indias economy: FM Sitharaman

New Delhi: The Centre has introduced customs duty rationalisation to ensure that the Indian economy becomes aatmanirbhar (self-reliant), Finance Minister Nirmala Sitharaman said in a post-budget interview with NDTV. Sitharaman was responding to NDTV Editor-in-Chief Sanjay Pugalias question on whether the budgetary announcement of reducing customs duty on many automobiles, which will benefit companies like Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Poli

2 Feb 2025 3:15 pm
Harish Rao blames govt for declining trend in Telanganas real estate

Hyderabad: Bharat Rashtra Samithi (BRS) Siddipet MLA T Harish Rao blamed the Congress government for the poor performance of the real estate sector in Telangana. On Friday, January 31, he said under Congress rule, farmers, weavers, auto drivers, and now real estate builders are being pushed to commit suicide due to the governments inefficient policies Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscrib

1 Feb 2025 4:58 pm
Real Estate Summit: Hyderabad to become world-class city, says Uttam

Hyderabad: Telangana Irrigation and Civil Supplies Minister Capt. N. Uttam Kumar Reddy has said that the Congress government committed to make Hyderabad a world-class city and a global investment hub at the Hyderabad Real Estate Summit 2025. Reddy credited previous Congress-led projects like the Outer Ring Road, Shamshabad Airport, and Metro Rail for Hyderabads rapid Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Tele

29 Jan 2025 1:57 pm
Video: BJP MP Eatala Rajender slaps Medchal real estate agent

Hyderabad: Bharatiya Janata Party (BJP) MP Eatala Rajender on Tuesday, January 21, slapped a real estate agent for allegedly grabbing land in Medchal. A video of the Malkajgiri MP slapping the man has gone viral on social media. The video shows him approaching the real estate agent and slapping him. Eatalas supporters and the local Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels.

21 Jan 2025 3:21 pm
Shedding light on gender barriers in Indias night-time economy

By Khushi Singh and Rashad Ullah Khan The Indian economy has witnessed rampant development in the last decade. With the entry of new players and modified market norms, the economy is now more welcoming and booming with potential. This growth and change are accredited to Indias most dwelled day economy and the emergent night-time economy. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our cha

18 Jan 2025 10:59 pm
Musi River project, Hyderabad Metro Rail may transform Old Citys real estate

Hyderabad: The real estate in the Old City of Hyderabad is likely to be transformed due to the proposed Musi River project and metro rail. In an interview with Siasat.com, the general secretary of the Confederation of Real Estate Developers Associations of India (CREDAI) Hyderabad, Rajashekar Reddy said, Musi project is going to be the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chann

17 Jan 2025 1:26 pm
Hyderabad real estate sees four major land deals in 2024

Hyderabad: The real estate market in Hyderabad saw four major land deals in 2024. In the year, the country saw 133 major land transactions covering 2515 acres. According to a report by a real estate consulting firm Anarock, in 2023, 97 deals were recorded for 2,707 acres. Hyderabad real estate sees land transactions of 67 Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can a

17 Jan 2025 11:31 am
Foreign entities lead real estate institutional investments in India

New Delhi: Foreign investors dominated institutional investments in the real estate sector in India with 54 per cent share in 2024, accounting for $3.7 billion, according to a report on Wednesday. Despite a reduction in share, investments increased by 36 per cent in value terms, according to a Vestian Research report. Domestic investors followed the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribin

15 Jan 2025 1:03 pm
Indian economy growing steadily, budget and Trump 2.0 hold key to market returns

New Delhi: With food inflation having peaked out and the government trying to accelerate capex spending, the Indian economy is growing steadily and upcoming Union Budget and Donald Trump 2.0 hold key to market returns, according to a report on Monday. Rural demand is showing a sustained recovery. The festival and wedding season has provided Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our

13 Jan 2025 1:44 pm
IMF projects weaker Indian economy in 2025

Washington: TheIndian economy is expected to be a little weaker in 2025 despite steady global growth, IMF Managing Director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around the trade policy of the US. In her annual media roundtable with a group of Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can

11 Jan 2025 10:47 am
Indian economy expected to clock 6.8 pc growth in 2025-26: Report

New Delhi: The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high-frequency indicators, according to a Bank of Baroda forecast. The report expects nominal GDP growth to be around 10.5 per cent during the next financial year. It highlights that key indicators of Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can

9 Jan 2025 1:34 pm
Hyderabad real estate sees surge in sales of ultra-luxury homes

Hyderabad: The real estate market in Hyderabad has witnessed a surge in the sales of ultra-luxury homes priced over Rs 40 crore in 2024. In the last year, a total of 59 homes priced over Rs 40 crore were sold across the country. Hyderabad real estate sees two-fold rise in sales of ultra-luxury homes According Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download

9 Jan 2025 12:50 pm
Residential real estate sees drop in prices in South Hyderabad

Hyderabad: The residential real estate market saw a decline in prices in South Hyderabad in 2024. However, a huge jump is seen in eastern and northern Hyderabad. On average, the residential prices in Hyderabad have grown by 8 percent to Rs 5,974 per sq ft. However, the growth is not uniform in the city. Hyderabad Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also downl

8 Jan 2025 11:26 am
Space economy to grow nearly 5 times in next decade: Minister

New Delhi: The Indian space economy is set to grow nearly 5 times from $8.4 billion to around $44 billion in the next decade, Union Minister of State for Science and Technology, Dr Jitendra Singh, has stressed. Investments in the sector reached Rs 1,000 crore in 2023 alone, placing India as a frontline player globally. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also

1 Jan 2025 12:51 pm
Returns from rise in gold rates, real estate in Hyderabad, stocks in 2024

Hyderabad: Many investors usually remain in a dilemma about whether gold rates will rise or if investing in real estate in Hyderabad or stocks is a better option. In 2024, real estate in the city gave the highest return. Real estate in Hyderabad gave over 26 pc return According to a report by the real Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app

29 Dec 2024 3:12 pm
Real estate in Hyderabad sees spike in housing prices in 2024

Hyderabad: The real estate market in Hyderabad witnessed a significant spike in housing prices in 2024. According to a report by the real estate services company ANAROCK, prices jumped by 27 percent. Per square foot housing prices in Hyderabad In Q4 2024, the city-level price reached Rs 7,300 per square foot, up from Rs 5,750 Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You c

26 Dec 2024 12:32 pm
Economy recovering from slowdown witnessed in Q2, says RBI

Mumbai: The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. An article on the State of the Economy in the December bulletin noted that the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels

24 Dec 2024 9:20 pm
Real estate in Hyderabad may witness 47 pc dip in housing sales

Hyderabad: The real estate market in Hyderabad is likely to witness a fall in housing sales by 47 percent during October-December 2024. According to a report by PropEquity, a real estate data analytics firm, housing sales are expected to fall by 21 percent across nine major cities during the same period. Housing sales in Hyderabad Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels.

22 Dec 2024 10:22 am
HYDRAA fear hits Hyderabad real estate, says Akbaruddin Owaisi

Hyderabad: All India Majlis-e-Ittehadul Muslimeen (AIMIM) floor leader Akbaruddin Owaisi alleged that the fear of the Hyderabad Disaster Response & Asset Protection Agency (HYDRAA) has hit real estate in the city. Speaking during the Assembly session, he alleged that people are unable to sell even a small plot due to the fear of HYDRAA. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our cha

20 Dec 2024 9:24 am
India to be fastest-growing major economy in 2025: Mastercard

New Delhi: Driven by a robust middle class and sustained investment, India is projected to be the fastest-growing major economy in 2025 both regionally and globally, Mastercard Economics Institute (MEI) said in its annual economic outlook report on Monday. The MEIs report for the Asia Pacific region also highlighted India as the fastest-growing major economy Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by s

16 Dec 2024 2:07 pm
Indian real estate sector: 2025 to see new growth opportunities in tier 2, 3 cities

New Delhi: After witnessing a bumper growth in 2024 across residential, office and industrial domains, 2025 is likely to be a year of consolidation and continued innovation for the Indian real estate sector, a report showed on Monday. While residential and office markets can potentially stabilise after consecutive peaks, industrial and warehousing demand can witness Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Teleg

16 Dec 2024 2:04 pm
India to become USD 30 trillion-economy by 2047: Union minister

Jamshedpur: Union Education Minister Dharmendra Pradhan has asserted that India will become a USD 30 trillion-economy by 2047. Delivering a lecture at the concluding function of XLRI-School of Managements year-long platinum jubilee celebration here on Saturday, Pradhan said that India, the fastest-growing global economy, is currently in the fifth position and will bag the third Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on What

8 Dec 2024 2:30 pm
Family businesses indispensable for India to become USD 5 trillion economy: Jitendra Singh

New Delhi: The role of family businesses is indispensable in achieving Indias vision of becoming a USD 5 trillion economy and a developed nation by 2047, Union Minister Jitendra Singh said on Tuesday. Family businesses are the backbone of Indias economy, contributing more than 70 per cent to the GDP and employing a significant portion Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channe

3 Dec 2024 11:23 pm
AI drives transformation in Indias gig economy: Is any legal framework ready?

By Sejal Gupta As the global labour market continues to undergo rapid transformation driven by the fourth industrial revolution, the Economic Survey 202324, highlights that India is not immune to these shifts. As the country embraces new technologies, artificial intelligence (AI) has emerged as a key enabler, reshaping industries, business models, and labour structures. Indias Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on Whats

29 Nov 2024 8:35 pm
Real estate broker held for property scam in Hyderabad

Hyderabad: A 45-year-old man was arrested on Tuesday, November 26 for allegedly being involved in multiple property scams in Hyderabad. The accused has been identified as Mannem Santhosh Kumar is a real estate broker who has previously been involved in fraudulent activities related to property sales. According to reports, the accused from Hyderabad allegedly duped Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegra

26 Nov 2024 7:43 pm
Hyderabad couple arrested over real estate fraud of Rs 48 crore

Hyderabad: A married couple was arrested by the economic offences wing (EOW) of Cyberabad police on Monday, November 25, in a real estate fraud of Rs 48 crore, promising high returns on various projects in Hyderabad. The arrested have been identified as Chakka Bhaskar and his wife Sudharani Chakka, who were running a real estate Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. Yo

25 Nov 2024 9:20 pm
Real estate in Hyderabad sees 20 pc surge in property registrations

Hyderabad: The real estate market in Hyderabad saw a 20 percent month-on-month (MoM) increase in property registrations, with 5,985 residential units sold according to Knight Frank Indias latest report. The city also witnessed a surge with home sales totalling Rs 3,617 crore, reflecting a 14 percent year-on-year (YoY) increase. The Hyderabad residential market spans four Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp &

22 Nov 2024 9:15 pm
Asia Pacific investors bullish on Indian real estate in 2025

Mumbai: Nearly seven in 10 (68 per cent) of Asia Pacific investors expect regional economic growth to have a positive impact and India is likely to see heightened institutional real estate investments in 2024, with the momentum accelerating further in 2025, according to a report on Friday. The share of APAC countries in overall institutional Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our

22 Nov 2024 12:15 pm
Hyderabad: TGRERA fines real estate firm Rs 17.8L for apartment project delays

Hyderabad: The Telangana Real Estate Regulatory Authority (TGRERA) has levied a penalty ofRs 17.8 lakhon Sterling Homes and its Managing Director,Vasudeva Reddy, due to complaints from residents of the Sterling Orchids project in Mallampet Village, Medchal-Malkajgiri district. A group of15 complainantsaccused the developer of engaging in unauthorized construction, deviating from approved plans, delaying project completion, Get the latest updates in Hyderabad City News , Technology , Entertainme

20 Nov 2024 8:53 am
Hyderabad emerges as fastest growing city amid real estate boom

Hyderabad: Hyderabad has emerged as the fastest-growing city among six major Indian urban centers, driven by rapid infrastructure development and a thriving real estate market. According to the India Prime City Index by Knight Frank India, Hyderabad leads in real estate growth, surpassing metropolises like Mumbai, Delhi, and Bengaluru. Real estate in Hyderabad witnesses rapid Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsA

19 Nov 2024 1:08 pm
I-T teams raid real estate offices in Hyderabad, Ranga Reddy

Hyderabad: Income tax teams have been conducting searches at the offices of several real estate companies in Hyderabad and the Ranga Reddy district since early Monday. Multiple teams of I-T officials raided the corporate offices of the companies and the homes of the owners. The searches are being carried out following the detection of large-scale Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing t

18 Nov 2024 10:41 am
Indian economy capable of handling global shocks: RBI Governor

Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events. Today, the growth of the Indian economy presents a picture of stability and strength, Das said while addressing an event at the launch of the Kochi International Foundation here. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chan

17 Nov 2024 8:27 pm
DAMAC Air: Dubai real estate giant launches luxury airline, register for free flights

Dubai-based real estate giant DAMAC Properties on Monday, November 11, launched a new luxury airline, DAMAC Air. The airline is offering free trips to individuals who register on its website. It will operate flights to six popular holiday destinations: Seychelles, Maldives, Bali, Bora Bora, Fiji, and Hawaii. Also ReadSania Mirza, Khabib Nurmagomedov to attend Dubai Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegr

11 Nov 2024 4:47 pm
Market slowdown led to sharp decline in Shadnagar real estate

Hyderabad: Once a vibrant hub in Rangareddy districts real estate sector, Shadnagar has seen a significant decline in sales and registrations. Data from the Farooq Nagar and Shadnagar sub-registration offices reveals a drastic drop in property transactions. From January to November, Farooq Nagar recorded only 15,000 property registrations compared to 25,000 during the same period Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on Wh

4 Nov 2024 2:45 pm
Petrol, jet fuel, LPG sales surge as economy picks up pace

New Delhi: Indias petrol, aviation turbine fuel, and LPG consumption shot up in October this year compared to the same month last year, reflecting the rising demand for these fuels in a growing economy. While petrol sales have gone up by 7.3 per cent, LPG consumption surged by 7.5 per cent and jet fuel demand Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download

1 Nov 2024 10:00 pm
Economy and inflation dominate as top voter concerns in final election week

Dallas: The upcoming election for the White House is of immense significance, as it will determine the next tenant of the White House and shape the future of the United States. Whether America will get its first woman president or a second Donald Trump term is a debate going on among not only the politicians Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download o

1 Nov 2024 6:55 pm
Indian economy in most precarious situation in years: Congress

New Delhi: Asserting that India is in its most precarious and difficult economic situation in many years, the Indian National Congress party on Wednesday, October 30, said wage stagnation, inflation and inequality are undermining consumption growth in the country. These chokepoints will strangulate growth in the years to come if not taken seriously now, Congress Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram

30 Oct 2024 2:47 pm
Telangana govt assures full support to real estate sector in Hyderabad

Hyderabad: Reiterating the Telangana governments commitment to transform Hyderabad into a globally competitive destination, state civil supplies minister N Uttam Kumar Reddy assured support for the citys real estate and construction sector. He was speaking at the 14th edition of the property show at Hitex Exhibition Centre on Friday, October 25. He guaranteed real estate Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp &

25 Oct 2024 7:42 pm
Four arrested in real estate fraud in Hyderabad

Hyderabad: Four individuals were arrested on Thursday, October 24, for defrauding investors by promising high returns through two companies. The accused, identified as Byra Chandra Shekar, Vemulapally Jahnvi, and Garimella Venkata Akhildirectors of Squares and Yards Infra Pvt Ltdand Reddipalli Krishna Chaitanya, director of Ad Avenues, are all natives of Andhra Pradesh. Their arrests followed Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top

24 Oct 2024 10:36 pm
UNDP projects Lebanons economy could shrink 9.2 pc in 2024 if hostilities continue

United Nations: The United Nations Development Programme (UNDP) has estimated that Lebanons economy could shrink as much as 9.2 percent in 2024 if the escalating hostilities continue through the end of the year. The scale of the military engagement, the geopolitical context, the humanitarian impact, and the economic fallout in 2024 are expected to be Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribi

24 Oct 2024 12:02 pm