The housing market continues to be comparatively undersupplied, and patrons can’t buy what’s not for sale. 47% of respondents to “Fannie Mae’s April National Housing Survey” said it was a great time to buy a home, the bottom within the survey’s history. Seller sentiment also surged as 67% of respondents […]
April
NEW DELHI: As the country battles COVID-19, traders’ body CAIT on Thursday said traders are facing tremendous financial crunch and payment of full salary for April to their staff was next to impossible. The Confederation of All India Traders (CAIT) has written to Commerce and Industry Minister Piyush Goyal seeking […]
MUMBAI: Vehicle registrations across segments declined by 70 per cent in April over the year-ago period as most of the businesses remain shut during the month amid the nationwide lockdown in the wake of coronavirus pandemic, a report said on Tuesday. Wholesale volumes were lower than registrations as dealers have […]
Mumbai: Jindal Steel and Power has exported 248,000 metric tonnes of steel and related products in the month of April 2020, which is a growth of 109% month on month, the company said. “JSPL, has effectively and appropriately addressed the domestic demand situation and formulated business continuity strategy and subsequently […]
New Delhi: Power consumption in April dipped 22.75 per cent to 85.05 billion units (BU) compared to 110.11 BU in the same month a year ago, mainly due to low demand amid the lockdown to combat COVID-19. The government had imposed lockdown from April 25 to fight the deadly coronavirus […]
BENGALURU: India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread of the coronavirus led to a slump in demand and massive supply chain disruptions, a private sector survey showed on Monday. Asia’s third largest economy is taking a huge […]
Petrol and diesel sales dropped by a record 61% and 56.5%, respectively, in April from a year earlier but an improvement in demand in the second half of the month signalled the worst was probably over, according to industry executives. Fuel sales have crashed as the nationwide lockdown has mostly […]
CHENNAI: The Tamil Nadu government on Friday announced a complete lockdown in Chennai, Madurai, Coimbatore from 6am on April 26 till 9pm on April 29 in a bid to intensify the efforts to curb the novel Coronavirus that has been spreading rapidly in the State. In Salem and Tirupur corporations, […]
United Nations: International passenger capacity for India reduced by 89 per cent so far this month due to COVID-19 pandemic as compared to a “business-as-usual” scenario, according to the latest projections from the United Nations specialised agency for international civil aviation. The International Civil Aviation Organisation (ICAO) said that by […]
Providing a comprehensive assessment of the last 30 days, the government said that India has conducted more than 5 lakh tests during (23 March-22 April), out of which- 21,393 people have been found positive for novel coronavirus. On March 23, India had conducted around 14,915 tests, added an official from […]