New Delhi, Dec 26 (IANS) Rating agency ICRA on Friday raised its growth forecast for India’s tractor industry, citing strong demand, supportive policies and favourable farm conditions. The agency now expects tractor wholesale volumes to grow by 15–17 per cent in the financial year 2025–26 (FY2026), sharply higher than its earlier estimate of 8–10 per cent.This also marks a clear improvement from the 7 per cent growth recorded in FY2025, it said.The upward revision comes after a strong pe…
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New Delhi, Dec 25 (IANS) Over the past years, the government has undertaken a historic wave of reforms, abolishing over 40,000 unnecessary compliances and repealing more than 1,500 outdated laws, thus creating a modern, efficient, and citizen-friendly ecosystem. The GST rate rationalisation, which came into effect from September 22 this year, was one such ‘Big Bang reform’ towards building a ‘Viksit Bharat’.On the 79th Independence Day, Prime Minister Narendra Modi addressed the nation and a…
New Delhi, Dec 22 (IANS) The office occupancy levels are on a steady upward trajectory in Delhi-NCR and are projected to rise to 80.5-81 per cent by March 2027, a report showed on Monday.The Grade-A office market in Delhi National Capital Region (NCR) continues to demonstrate strong fundamentals, driven by sustained leasing demand that is outpacing new supply, according to an ICRA report.The market has witnessed a significant turnaround since March 2023, with occupancy increasing by 600 basis po…