Hemant Sethi, Country Head India, British Safety Council India The COVID-19 pandemic upended the global economy in a massive way that has never before been seen. The implications of the virus went well beyond health affecting businesses across the world and posing unique challenges to most indust... Read more...
Existing condominium sales in Tokyo fell by 11.2% to 26,196 units in the first three quarters of 2020 compared to the same period last year, according to The Land Institute of Japan, while sales of existing detached houses in Tokyo dropped 1.1% y-o-y to 14,619 units over the same period. In the fi... Read more...
Keki Mistry, vice chairman and CEO, HDFC has predicted that the the lower interest rates regime will continue for another six to twelve months that will give the best home buying opportunity for the home buyers. "The home loan rates have been the lowest in the last four decades. For the next six ... Read more...
Indian economy has bounced back from the drop it had witnessed due to Covid pandemic and the lockdown thereafter but it would take structural reforms for the country’s GDP to grow beyond a particular level. The Indian economy may have lost close to Rs 20trn ($270bn), 10.6% of its GDP between Ap... Read more...
India’s economy is expected to have undergone a significant improvement in the second quarter (Jul-Sep) of the current fiscal year 2020-21 after the lockdown restrictions were gradually lifted. While the country’s GDP shrank by a record 23.9 per cent in the fiscal first quarter due to strict ... Read more...
US new home construction rose in October by more than forecast to the fastest pace since February, highlighting a robust residential real estate market that's helping spur the economy. Residential starts increased 4.9 per cent to a 1.53 million annualized rate from an upwardly revised 1.46 milli... Read more...
Desmond Dickerson, Manager, Center for the Future of Work, Cognizant As we strive to build back better, four key changes to how we work will be necessary over the next five years. “Remotopia”: work from home - from the margins to the mainstream At the outset of 2020, less than 5% of ... Read more...
The Swedish multinational IKEA is buying back their clients’ furniture. One of the company’s main objectives is to promote responsible buying as well as the so-called ‘circular economy’, which is why they have decided to buy back their clients’ furniture for twice what it is worth, while h... Read more...
Japan’s economy grew at the fastest pace on record in the third quarter, rebounding sharply from its biggest postwar slump, as improved exports and consumption showed the country is recovering from damage caused by the coronavirus pandemic. Still, many analysts expect any further rebound in the... Read more...
The Reserve Bank of India (RBI) in its October 2020 monetary policy has indicated a three-speed economic recovery in India. After a gap of six months, RBI has provided projections of growth and inflation in India in FY21. According to RBI’s projection, India’s real GDP is likely to contract b... Read more...