The Indian economy is expected to contract in the range of 1.1 to 13.6 per cent in FY21 over FY20 under different scenarios of shocks to consumption, investment and exports triggered by the coronavirus outbreak and the associated lockdowns, professional services firm KPMG said on Friday.
From deploying disinfectant tunnels to drone-based spraying systems and advanced algorithms, construction and public health engineering companies scramble to adopt to the aftermath of the pandemic.
Poised to be the world’s third largest by 2025, now would be the time to invest carefully in long-term construction stocks as the sector prepares to resume a strong trajectory of growth once the current COVID crisis subsides.
What looked like an optimistic start to the year with leasing activity picking up in the commercial segment was not to be, writes India Inc. property expert. If 2015 was a roller coaster, 2016 was definitely a steep downhill for the real estate sector. With the passing of the Real Estate Regulation Bill, residential buyers hammered away at residential developers with judges passing landmark judgments against developers for delayed delivery. If this did not have the developers scurrying for cover, [...]