December quarter results show rental income from commercial assets is alleviating, at least partially. Residential properties still not up to the mark The mood was sombre in the December quarter among real estate firms. The November ban on old, high-value banknotes affected the real estate sector hugely, given that it ... Read More »
Although the residential sector is going through a difficult phase, the stakeholders are quite optimistic for the future, especially with regards to sales volume. New Delhi: The real estate sentiment fell to a three-year low in the October-December period, indicating pessimism among developers and financial institutions which reeled under the ... Read More »
Shares of UPL Ltd, formerly United Phosphorus Ltd, gained 83% in the past one year as the company maintained the growth tempo despite the turbulence in its consumer markets. The December quarter (Q3) has been no different. Revenue and volume are up 18% from a year ago. As has been ... Read More »
The euro zone saw the fastest business growth this year, with the Composite Purchasing Managing Index (PMI) for November coming in at 54.1, the highest since December 2015 and up from 53.3 in October, according to data provider Markit. Both the manufacturing and service sectors increased at similar rates, with ... Read More »
