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Sangeetha G
About the AuthorSangeetha G
Sangeetha G is Assistant Editor with Deccan Chronicle and has worked for over 20 years in visual media, news agencies and newspapers. She writes about economy, business and finance-related topics
    One major factor for high sales of big-ticket price homes in Mumbai and other top cities could be the governments recent move in the Union Budget 2023-24 to cap capital gains at Rs 10 crore. WikipediaBusiness
    Luxury home sales up ahead of LTCG limit

    Chennai: Revenue collections from property registrations touched a new high in February 2023 despite an eight percent...

    1 March 2023 9:10 AM IST

    Emkay Global Research has brought down the CAD forecast for the financial year 2022-23 to $90 billion against its earlier forecast of $107 billion. DC File ImageBusiness
    Govt lowers forecast for current account deficit after January data

    Chennai: As the trade deficit printed lower in January, the forecast for Current Account Deficit (CAD) in FY23 has been...

    17 Feb 2023 10:47 AM IST

    In the Mega MSME Survey conducted by Consortium of Indian Associations (CIA) and participated by 1,08,500 enterprises, 44 per cent were micro enterprises or those below Rs 1 crore annual turnover. Representational Image/DCBusiness
    Micro enterprises want govt to constitute a dedicated ministry

    Chennai: Micro enterprises, which dominate the MSME space in terms of numbers, have asked the government to constitute a...

    16 Feb 2023 1:45 PM IST

    The recent data on bank credit released by the Reserve Bank of India (RBI) reveals that the contraction in incremental credit outstanding to the services as well as the industrial segments, offset the entire growth in credit to the retail segment during the seven months of this fiscal. Within services, the credit outstanding to NBFCs has increased.Business
    Bank credit rose 15 pc in December

    Chennai: Bank credit rose by a robust 15 per cent in December, supported by 20 per cent growth in retail loans and 35...

    6 Feb 2023 12:52 PM IST

    Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)Business
    Indian GDP to grow 5.8%: UN

    Chennai: As higher interest rates and a global slowdown weigh in on investment and exports, India is expected to grow at...

    27 Jan 2023 1:41 PM IST

    The overall sales of jewellery in value terms saw a growth of 12 per cent and the average transaction value went up by 15 per cent.Business
    Jewellers move away from SEZs

    CHENNAI: The Covid pandemic shru-nk the share of Special Economic Zones (SEZs) in gold jewellery exports from 57 per...

    20 Jan 2023 7:40 AM IST

    Sameer Shah, Chief Financial Officer (Photo:DC)Business
    FMCG sector will go for price reduction in 2023

    Sameer Shah, Chief Financial Officer, Godrej Consumer Products finds that the FMCG sector will go for price reduction in...

    19 Jan 2023 11:48 PM IST

    Indian food delivery company introduces period leave for employees. (Photo- SpoonTech)Business
    Food delivery firms see revenue bouncing back

    Chennai: Food delivery businesses bounced back in financial year 2021-22 in terms of revenues. Hit by the pandemic,...

    9 Jan 2023 2:08 PM IST

    This photograph taken on November 7, 2022 shows the logos of social networks Twitter and Mastodon reflected in smartphone screens, in Paris. (Photo by JOEL SAGET / AFP)Business
    Twitter India reports Rs 32 crore loss in FY22

    Chennai: The Indian subsidiary of US social media platform Twitter, which is embroiled in controversies over its sales...

    15 Nov 2022 3:06 PM IST

    Chief Minister K. Chandrashekar Rao said the collieries has been producing 65 million tonnes of coal every year and meeting the needs of thermal power plants in Telangana state, AP, Maharashtra, Karnataka and Tamil Nadu. (DC Image)Business
    Coal imports up 25% despite high output

    Chennai: Despite coal production hitting a new high in the first half of FY23 and international prices remaining...

    31 Oct 2022 1:20 PM IST

    A new rice variety developed by the Agriculture Research Station (ARS) here was found to contain 22.5 per cent zinc much to the delight of agriculture scientists. (Representational Photo:DC)Nation
    Kharif rice output pegged down by 6%

    Chennai: The food grain production under the kharif crop this year is expected to be 4 per cent less than last year and...

    22 Sept 2022 2:56 PM IST

    Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings. (PTI Photo)Nation
    Personal loans jump, biz loans fall in FY22

    Chennai: Personal loans origination—fresh loans sanctioned—grew 122 per cent in volume terms in FY22,...

    21 Sept 2022 4:21 PM IST

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