When we talk about the richest country in the world, we look up to its economic status. However, there are several factors affecting the wealth of a country. From the industries they excel at to their population, everything matters. The lifestyle of individuals living in a particular country also changes according to the country’s status.
Salil Parekh’s Infosys delivered disappointing March quarter results, but it has consistently outperformed its larger rival Tata Consultancy Services (TCS) in terms of constant currency revenue growth over the last five years. During all these years, TCS was led by Rajesh Gopinathan, who is now its outgoing chief executive officer (CEO). In the wake of
Mumbai, 18 April 2023: The consumer sentiment for bigger homes continues unabated. Out of a total of 4,662 survey participants, 42% currently prefer 3BHKs, finds the CII-ANAROCK report ‘The Housing Market Boom’ released at the 5th Edition of the CII Real Estate Confluence 2023 in Mumbai, where ANAROCK was Knowledge Partner, today. 40% of the surveyed participants prefer
Due to strong housing demand, Godrej Properties Ltd acquired 18 land parcels last fiscal for the development of new projects with a sales potential of around Rs 32,000 crore. For future development, Mumbai-based Godrej Properties, part of the Godrej Group, plans to add land parcels with sales revenue potential of Rs 15,000 crore. In contrast,
Hyundai Motor Group, led by billionaire Euisun Chung, announced on Tuesday that it will plan to spend $18 billion on its domestic EV manufacturing business. Hyundai will plan to expand domestic EV production to 1.51 million units by 2030, and global EV production to 3.64 million units by 2030, including Hyundai Motor, sister company Kia
Francois Villeroy de Galhau, governor of the Bank of France, warned at the beginning of March that French inflation will persist in the country over the next two to three years. PARIS, April 14 (Xinhua) — The French National Institute of Statistics and Economic Studies (INSEE) revised upwards on Friday the country’s March consumer price
Mumbai, 14 April 2023 – Significant numbers of large real estate platform deals were announced in FY23, finds ANAROCK Capital’s FLUX FY23 Report. The platform deals worth $4.5 Bn was announced across real estate asset classes. Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “Commercial real estate and Industrial & Logistics attracted Pan India platforms with
HAIKOU/JAKARTA, April 13 (Xinhua) — At the ongoing third China International Consumer Products Expo held in Haikou, capital city of south China’s island province of Hainan, Kapal Api coffee from Indonesian has been popular with Chinese consumers. During the company’s debut at the Hainan expo, it is like a holiday hustle and bustle in its
Mumbai, 10 April 2023: On the back of significant momentum in the residential property market, housing inventory overhang across the top 7 cities plunged to just 20 months by Q1 203-end, from 42 months by Q1 2018-end – reaching the lowest in the last five years. ANAROCK data shows that the inventory overhang in the top
Don’t Count Out the Dollar Just Yet: Why Its Demise Would Have Far-Reaching Consequences
As a result of multiple upheavals, the US’ unchallenged unipolar supremacy and the dollar’s primacy as the world’s reserve currency are under pressure. Due to the dollar’s reserve currency status, there is a virtually endless demand for it, allowing US companies to borrow money internationally. Approximately 88% of world trade in 2022 will be conducted