Economy / The Siasat Daily
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
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
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
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
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
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
New Delhi: The Indian startup ecosystem has seen major changes in the last few years and there has been an unprecedented rise in the participation of women entrepreneurs as the funding of female-led startups increased by over 90 per cent in 2024. Women entrepreneurs are not only becoming founders and co-founders, but a large number Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels.
Mumbai: Mumbai had over 1.41 lakh property registrations in 2024 the highest in 13 years and an 11 per cent growth from 2023, according to a new report According to data sourced from the Inspector General of Registration and Controller of Stamps of Maharashtra, the revenue from property registrations through stamp duty collections Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels
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
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
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
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
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.
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
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
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
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
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
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
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
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
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 &
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
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
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
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
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
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
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
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
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
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
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 &
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
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
Washington: India remains the largest growing economy in the world, a senior official from the International Monetary Fund said, observing that the countrys macroeconomic fundamentals are good. India is said to remain the largest growing economy in the world. We project growth at seven per cent in FY24-25, supported by a recovery in rural consumption, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscrib
Bengaluru: Karnataka continues to drive Indias economic progress, registering a robust GSDP growth of 10.2 per cent in FY 2023-24, significantly surpassing the national average of 8.2 per cent, the Chief Ministers Office said in a statement on Monday. The CMOs media release quoted data from the Union Ministry of Statistics and Programme Implementation (MoSPI). Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by
Hyderabad: Bharat Rashtra Samithi (BRS) working president KT Rama Rao (KTR) on Monday, October 21, took a swipe on Telangana government over the states dipping economy. Refering to the on going demolition of illegal structures by the Hyderabad Disaster Response Asset Protection Agency (HYDRA), KTR said, When you emulate bulldozer raj, the results will be Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subsc
Hyderabad: The real estate in Hyderabad and other cities are witnessing a significant surge in demand for luxury homes, as more homebuyers prioritize bigger, high-end properties over affordable housing options. According to the latest ANAROCK-FICCI Homebuyer Sentiment Survey for H1 2024, demand for premium and luxury homes has soared, with a notable 45 percent of Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram
Hyderabad: Telangana chief minister A Revanth Reddy on Sunday, October 20 said that the government aims to make Telangana USD 1 trillion economy. Addressing the Leadership summit at the Indian School of Business (ISB), Reddy said that to achieve the goal, Hyderabad needs to be transformed into a 600 billion-dollar economy. I need you to Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chan
Hyderabad: A Hyderabad-based real estate firm, Googee Properties has dismissed claims of Income Tax raids on its offices. In a statement, the chairman of Googee Properties, Shaik Akbar said that there were no raids and all their offices were functioning routinely. We would like to clarify that the recent reports regarding an Income Tax department Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing t
Hyderabad: State government has proposed the sanction of 33 posts in various categories for Telangana Real Estate Appellate Tribunal in Hyderabad. In its order that passed on Tuesday, October 15, the finance (HRM-II) department has directed the municipal administration and urban development (MA&UD) department to obtain the concurrence of the finance department before initiating measures Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Storie
Hyderabad: Numerous major real estate projects in Hyderabad have revealed significant encroachment on Full Tank Level (FTL) water bodies. The findings, based on a report by the Telangana Remote Sensing Application Centre (TGRAC) and deputy chief minister Mallu Bhatti Vikramarka, reveal that more than 170 lakes have been encroached upon since 2014, with the Outer Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram
Colombo: India on Friday assured continued support to Sri Lankas economic rebuilding and, in turn, got word from Colombo that its territory will not be allowed to be used in a manner inimical to New Delhis security interests. During a meeting with External Affairs Minister S Jaishankar here, President Anura Kumara Dissanayake said that Indias Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to ou
New Delhi: Prime Minister Narendra Modi on Friday, October 4 made oblique reference to the widening conflicts in the Middle East and the ongoing Russia-Ukraine war, saying the two regions were crucial for the global economy and energy security. His comments came amid fears of further escalation of conflict in the Middle East if Israel Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channe
New Delhi: As India aims to become a 3 trillion tourism economy by 2047, it is fast becoming one of the worlds most sought-after travel destinations with 14.3 million international tourists in 2022 and Rs17.6 billion in revenue. The country saw 9.2 million foreign tourist arrivals in 2023, signifying a positive post-pandemic revival. The tourism Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to
Kolkata: Chief Economic Advisor (CEA) to the Union government, V Anantha Nageswaran, on Friday said that the Indian economy is expected to grow at a rate of 6.5-7 per cent in the current financial year on a steady state basis. He said the growth rate is commendable given the current global scenario. Speaking virtually at 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 al