at the very Core of it all … is Content!
The repo rate has been reduced by 25 bps to 6.0 per cent, reflecting the slightly accommodative stance that the Monetary Policy Committee has taken as it agreed that headline inflation has come down significantly. While many inflation upside risks have not manifested themselves as yet, the MPC feels that inflation may trend upwards going …
Anuj Puri, Chairman & Country Head, JLL India: Contrary to a wider perception that the policy rate will be cut by at least 25 basis points, India’s RBI has kept the repo rate unchanged at 6.25%. However, growth outlook for the current fiscal year 2016-17 has been lowered sharply from 7.6% y/y projected earlier to …
The policy rates have been reduced by 25 basis points to 6.25%. This rate cut delivery has happened for the second time in the current financial year, although after one round of rate cut in April, the current one is delivered after no change in the June and August policies. This shows that the central …
The Bengal Chamber acknowledges with respect, the verdict of the Supreme Court as the highest judicial forum and final court of appeal under the Constitution of India. The Chamber feels that this landmark judgement will have impact on the whole country and one in which the Government of West Bengal has triggered an issue which …
The Bengal Chamber congratulates the State Finance Minister, Dr. Amit Mitra for presenting a forward looking budget for 2016-17, with an almost five fold increase in planned expenditure that focuses on education, employment, agriculture and the MSME sector. It is encouraging that the State has also been able to achieve a robust seven times growth …
The Bengal Chamber gives the Union Finance Minister Mr. Arun Jaitley a 6/10 for presenting a pro agriculture and socially tempered budget, with robust outlays for infrastructure, agriculture, rural and socio-economic schemes. This budget in consideration of the global negative outlook has focused on fiscal consolidation as against an aggressive growth outlook. It may propel …
As opposed to the market’s expectation of a 25 basis points cut, the RBI has delivered an astounding 50 basis points reduction. With this, it has clearly abandoned its cautious baby-steps approach and assumed a bolder stance, obviously because the current economic fundamentals provide it with the room to do so. Given the magnitude of …
The World Bank report, “Assessment of State Implementation of Business Reforms”, shows that West Bengal is ranked 11th among the 32 States and Union Territories surveyed. In this context, on behalf of The Bengal Chamber of Commerce and Industry, President Mr. Ambarish Dasgupta said: “The report gives a fair idea as to where the states stand and brought …
Rohan Sharma, Associate Director – Research & Real Estate Intelligence Service, JLL India: The Delhi Development Authority (DDA) had approved the policy in the last week of July 2013. Realizing the issues faced by the nodal body in acquiring land in the prime city, in terms of demand or higher compensation in the wake …
Swiss fine watch manufacturer Frederique Constant launched the Horological Smartwatch, a Beautiful Swiss timepiece with connected and smart functionality. A quality product created from fine materials and made by hand. A Horological Smartwatch combines the DNA of a classic Swiss watch with the best of Silicon Valley technology. Powered by MotionX, Frederique Constant Horological Smartwatch …