Category «Numbers»

Gross direct tax collections during april-december of the current financial year 2013-14 is up by 12.33 percent and stood at rs. 4,81,914 crore as against rs. 4,29,023 crore in the same period last year

Gross direct tax collections during April-December of the F.Y. 2013-14 is up by 12.33 percent at Rs.4,81,914 crore as against Rs.4,29,023 crore in the same period last year. While gross collections of Corporate taxes have shown an increase of 9.35 percent and stood at Rs.3,10,126 crore as against Rs. 2,83,605 crore during the same period …

Industry Trends for 2014 – Faisal Husain, Founder and CEO, Synechron

Pune, January 03, 2014: After a relatively slow 2013, the global economy is trending towards the positive with easing credit availability, revenues picking up in many sectors, and the financial services industry leading the pack. This is good news for niche, Global IT companies; however, challenges remain in terms of reduced margins and regulatory concerns. …

Mumbai Office Market: 2013 Review & Predictions For 2014: Ramesh Nair, COO – Business, Jones Lang LaSalle India

2013 Review: Increased Absorption Reduced Vacancy Rental & Capital Values Rise Stock Growth Slows CBD/SBD Lose Further Market Share Despite the uncertain economic conditions, absorption of office spaces in Mumbai rose by 4.4% y/y to 7 million square feet in 2013, as against the 6.7 million square feet in 2012. As a result, vacancy fell …

India’s External Debt at End-September 2013

Department of Economic Affairs, Ministry of Finance has been compiling and releasing quarterly statistics on India’s External Debt for the quarters ending September and December every year. This statement relates to India’s external debt at end-September 2013. At end-September 2013, India’s total external debt stock stood at US$ 400.3 billion, recording a decline of …

Index of Eight Core Industries (Base: 2004-05=100) November, 2013

The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure. The Eight Core Industries have a combined weight of 37.90 % in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 153.5 in November, 2013, which was 1.7 % higher compared to the index of …

Goa gears up for Christmas!

Mumbai, December 19, 2013: The most awaited time of the year has finally arrived! As Goa comes alive with Christmas carols, decorated houses, fancy wreaths, multi-colored bells and beautiful Christmas trees. While celebrations are a plenty, the Department of Tourism has constituted strict measures to safeguard tourist safety, especially during this time of the year. …

November 2013 crude steel production for the 65 countries reporting to worldsteel

Brussels, 20 December 2013 – World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 127 million tonnes (Mt) in November 2013, an increase of 3.6% compared to November 2012. China’s crude steel production for November 2013 was 60.9 Mt, up by 4.2% compared to November 2012. Elsewhere in …

German consumer climate continues to climb: Findings of the GfK Consumer Climate study for Germany for December 2013

Nuremberg, 20 December 2013 – The mood among consumers in Germany is again remarkably good as 2013 draws to a close. Further increases were recorded in economic expectations and willingness to buy. Income expectations declined slightly from a high level. Following a value of 7.4 points in December, the overall indicator is forecasting 7.6 points …

Economy Headed Towards Gradual Recovery & Growth Stabilization Several Initiatives taken to Revive Economy

Year End Review The Ministry of Finance, Government of India took several measures to revive the economy and maintain the tempo of growth. Though several external and domestic factors contributed to the slowdown of the economy, wide ranging initiatives were introduced in all major sectors at the policy level to meet the challenge during …

Asia business sentiment falls in Q4 – Thomson Reuters/INSEAD survey

• Sentiment index falls to 62 in Q4 from 66 in Q3 • Biggest risk is global economic uncertainty • Southeast Asia hit by political crisis, typhoon • Upbeat sentiment in China and India Reuters – 18 December 2013 By Joyce Lee Business sentiment among Asia’s top companies dropped sharply in the fourth quarter, extending …