NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
Over the last two quarters,the residential property market in south Delhi has shown only marginal appreciation in capital values and rentals. This could have more to do with the recent upward revision in circle rates in various zones than any other factor. Supply and demand dynamics in south Delhi have been more or less constant,and […]
Delhi NCR residential property: Festive season update Read More »
NAGPUR: Almost six months after the administration doubled the development charges, the general body of Nagpur Municipal Corporation (NMC) on Thursday passed a resolution and prevented the civic body from levying 100% revised charges. Mayor Dayashankar Tiwari directed cancellation of the notification issued by the administration. Earlier this year, NMC had doubled the development charges
In his first full-fledged review of the monetary policy,Reserve Bank of India (RBI) Governor Raghuram Rajan stuck to the continuing hawkish stance of inflation control first,which has seen the repo rate go up by another 25 basis points. The repo rate is the rate at which the central bank lends money (liquidity) to the financial
Realty sector: A new pressure point Read More »
Retail, India’s biggest organised-sector retailer, saw its net profit more than double year-on-year to Rs 962 crore in the June quarter, although mobility and business curbs through the period under review caused sequential profit moderation in the vertical. In the year-ago period, profit was at Rs 431 crore. Revenue was up 22% on-year to Rs
Reliance Retail sees Q1 net profit more than double year-on-year Read More »
Better spreads on energy products and robust subscriber-led growth in the telecom business helped , India’s biggest company by market value, offset the impact of a temporary revenue moderation in its retail vertical through the June quarter, which coincided with the second viral wave and strict mobility curbs. RIL reported an operating profit of Rs
RIL’s energy telecom arms make up for retail blip easing of curbs will be a boost Read More »
Jio Platforms (JPL) net profit rose 44.9% on-year in the April-June quarter, driven by strong mobile phone subscriber additions and higher data consumption. For the fiscal first quarter, JPL’s consolidated net profit stood at RS 3,651 crore compared with RS 3,510 crore at March-end, and RS 2,519 crore a year ago, the company said in
Jio Platforms’ net profit rises 45% on the back of new subscribers and higher data usage Read More »