The Indian real estate sector is expected to contribute 13 percent to the country’s gross domestic product (GDP) by 2025, according to the ‘Indian Real Estate and Construction: Consolidating for growth’ report by National Real Estate Development Council (NAREDCO) and Asia Pacific Real Estate Association (APREA). In 2017, the realty ... Read More »

A low estimate of U.S. gross domestic product and steep losses from some of the world’s biggest energy companies sent crude oil prices down early Friday. U.S. supermajor Chevron Corp. reported a loss of $1.5 billion, its third quarterly loss. “The second quarter results reflected lower oil prices and our ... Read More »

U.S. economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce an inventory overhang. Gross domestic product increased at a 1.4 percent annual rate instead of the previously reported 1.0 percent pace, ... Read More »