FALLING VALUES, BUT LOOK AT THE REST
Article Abstract:
A study made by the global property consultant, Colliers Jardine (CJ), has predicted that the property market in India will fall till June 1999. It has recommended abolition of the Urban Ceiling Regulation Act to free more lands for development. In Mumbai, the fall in growth will be 10 percent. It has predicted a 15 percent fall both in the central business district of Nariman Point and the secondary districts of Bandra- Kurla and Andheri- Kurla. The fall is due to the shifting from these regions by foreign firms. In Delhi, capital values are predicted to drop by 10 percent and the rentals by about 5 percent. In Chennai, office values and rentals are expected to fall by about 5 percent. Bangalore is the worst affected city in India. The capital values in Bangalore are expected to fall by 5 percent and the rentals by 10 percent in the next one year. (gs)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
BHUTAN COS EXPORT CHEAP FERRO ALLOY TO INDIAN MARKET
Article Abstract:
The domestic industry has been affected by import of ferro silicon (FeSi) from Bhutan to India at a cheap rate. The Indian government has permitted duty free imports from Bhutan under a trade treaty with Bhutan. Imports from Bhutan have increased from 784 tonnes worth Rs2 crore in 1994-95 to 8,000 tonnes worth Rs29 crore in 1996-97. The imported FeSi is priced Rs3,000 compared to the Indian price of Rs30,000 per tonne. Indian steel producers pay 15 percent excise, octroi and sales tax which are not imposed on imports from Bhutan. The Indian producers have asked the Government of India to levy countervailing duty on imports of ferro silicon from Bhutan. (rk)(vr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
INDIAN STOCK EXCHANGES WEAR A GLOBAL LOOK WITH HIGH LIQUIDITY
Article Abstract:
The Indian stock markets are moving on par with the global stock exchanges in terms of liquidity and index of movements. The market capitalisation on the Indian bourses are almost similar to those in the eastern countries of the world. According to the statistics of the India Index Services & Products Ltd, the Indian stock exchanges posted a market capitalisation of 92 percent - nearly one time - compared to 1.2 times in Hong Kong and 1.5 times in Malaysia. (ag)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: NEW LOOK LOOS PATENTS CONTROVERSY: MINISTERIAL MISTAKES
- Abstracts: THE FERRARS OF THE FINANCIAL WORLD NATIONAL EXPRESSWAYS: ROADS TO NOWHERE. T-SERIES TRILLS A FILMY TUNE
- Abstracts: THE AIRPORT PROJECT THAT NEVER TOOK OFF SECOND-HAND CARS - PRICE DATABASE
- Abstracts: CALL RATES CLOSE AT 9.25%. CALL RATES REMAIN STEADY. INTER-BANK CALL MONEY MARKET
- Abstracts: THE REAL ECONOMY IN 1997-98: MANUFACTURING SECTOR. THE REAL ECONOMY IN 1997-98: FOREIGN COLLABORATIONS AND JOINT VENTURES