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In the Asia-Pacific region, China Tier 1 has a cap rate of 4.4 per cent, Seoul has 4.8 per cent, Hong Kong 2.3 per cent, Tokyo 3.9 per cent, Philippines 5.9 per cent, Thailand 7 per cent, Malaysia 6.5 per cent, Indonesia 6.5 per cent and Singapore has a cap rate of 4.1 per cent.

Indian office space yields highest in Asia-Pacific

While India too has brought down the interest rates, the supply - demand situation for office space is better in India.

27 July 2019 9:35 AM IST

July is known for producing premium quality tea which fetches a good price in the market.

Rains take a toll on tea; prices may rise

There have been a drop in prices as well, which are down 34 per cent compared to last year.

27 July 2019 9:32 AM IST

Governor Shaktikanta Das

Shaktikanta Das cautions against bilateral hegemony

The currency manipulator tag has gained greater focus in the heat and dust of trade wars.

27 July 2019 7:59 AM IST

Subhash Chandra Garg

Subhash Chandra Garg takes over as new Power Secretary

Garg was in charge of the Department of Economic Affairs (DEA), and was designated the Finance Secretary.

26 July 2019 12:42 PM IST

Reserve Bank of India (RBI)

RBI panel for hike in collateral free lending, MUDRA loan limit to Rs...

Around 22.83 lakh MSMEs were registered on Udyog Aadhaar Portal in the country during March, 2018 to March 2019.

26 July 2019 11:40 AM IST

Currency experts have a bullish outlook for the rupee this week.

PSBs' bad loans have declined by over Rs 89,000 crore till March: Govt

Over the last 4 financial years, PSBs were recapitalised to the extent of Rs 3.12 lakh cr, with an infusion of Rs 2.46...

26 July 2019 10:13 AM IST

Representational picture of housing societies

Govt approves construction of 1.4 lakh more houses under PMAY

Govt sanction construction of around 1,40,134 more affordable houses for the benefit of urban poor.

26 July 2019 9:15 AM IST

CAIT demands action against Dhoni for endorsing realtor Amrapali

Action against Dhoni for his endorsement and advertisements promoting Amrapali Group which has been found guilty by the...

26 July 2019 9:02 AM IST

Policy will cover all the aspects related to the land availability and granting permissions for the electric vehicle charging stations.

GST Council meet to decide on slashing tax rate for e-vehicles...

GST rate for petrol, diesel cars and hybrid vehicles are already at the highest bracket of 28 per cent plus cess.

26 July 2019 8:54 AM IST

Last week from July 18 to 24, the rain deficit in the country as a whole was at 35 per cent.

Good rains for next 2 weeks to speed up sowing, cover deficit

The country had received below average rains in the past two weeks.

26 July 2019 1:19 AM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Gold imports increase 46 per cent in June quarter

Meanwhile gold demand at the retail end rose 14 per cent to 212 tonnes.

26 July 2019 1:15 AM IST

The steel exports to the US from China, Japan and South Korea have fallen by 4,88,000 tonne in six months since the imposition of the duty barriers by the Trump Administration.

Steel prices see steep fall

The fall in demand has not been without a reason.

26 July 2019 1:11 AM IST