Indian Credit Card Spending Soars to Rs 1.7 Trillion in July 2024
News and Updates Team Credit card spending in India rose by 19% YoY in July 2024, reaching Rs 1.7 trillion, driven by increased consumer confidence and usage. Significant Growth in Credit Card Usage In…
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Government Likely to Impose 30% Tax on F&O Trading
The Indian government is reported to be considering a 30% tax on Futures & Options trading, classifying it as speculative income. Retail traders express concerns online. Government’s Likely Plan to…
CII Projects 8% Growth for Indian Economy in FY25
CII president Sanjiv Puri forecasts 8% economic growth for India in FY25, citing policy reforms and improved consumption, while advocating GST inclusion and land reform. CII Predicts Robust 8% Economic…
Sharp Decline in Indian Household Savings Puts Government Economic Strategies Under Scrutiny
Indian household savings hit a six-year low in FY23, raising concerns about government policies as it relies on these savings for economic growth. Significant Decline in Household Savings In fiscal…
Surge in India’s Office Rental Market in 2024
Explore the latest trends in India’s office rental market, including rental surge, GCC leasing activity, and cost optimization strategies. Rental Surge in India’s Top Office Markets India’s leading office markets…
Supreme Court Invalidates Electoral Bonds Scheme: Explained
Explore the Supreme Court’s decision to strike down the electoral bonds scheme, addressing concerns over donor privacy and the right to information. Understand the verdict’s impact on political financing and…
Budget 2024 Breakdown: Key Figures and Fiscal Resilience
Explore the intricacies of Budget 2024 as Finance Minister Nirmala Sitharaman unveils a Rs 47.66 lakh crore budget. Understand the fiscal nuances, market responses, and the trajectory for the coming…
Uttar Pradesh’s Big Role in India’s MSME Landscape: CBRE Report
Uttar Pradesh contributes 9% to India’s MSME sector, as revealed by CBRE’s report. Discover policy initiatives, regional concentration, and the transformative impact on the construction sector, positioning MSMEs as beacons…
India’s top seven cities see a rise of 7% year on year in housing prices, in the second quarter of 2023, according to a new report.
Kolkata has the largest YoY rise in residential costs, at 15%, followed by Delhi-NCR and Hyderabad, which had increases of 14% and 13%, respectively. According to a joint analysis by…
E-Stamps To Be The New Mode Of Payment, As Physical Non-Judicial Stamps Go Obsolete
In a significant move, Assam Government passed an order for digital stamping where the duty would now be paid through e-stamping, which makes the “physical non-judicial stamps” outdated, as of…