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consumer sentiment

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Restaurateurs feel elated with the new set of recommendations(Photo: Biplov Bhuyan/HT)

A reason to cheer: Restaurateurs applaud the new proposals put forward to boost F&B industry

Hindustan Times, Delhi | By Sanchita Kalra
PUBLISHED ON JAN 08, 2021 03:17 PM IST
The recent suggestions that offer relaxations to restaurateurs include — allowing restaurants/club/hotels to serve liquor in open spaces such as terraces and balconies, bars open till 3 am instead of usual 1am; and also, lowering legal drinking age to 21 from 25
FRINZA, a rapidly growing online gifting organization, provides a range of premium and high-quality gifts.
FRINZA, a rapidly growing online gifting organization, provides a range of premium and high-quality gifts.

Frinza: An AI-ML powered start-up making digital gifting easy with innovative solutions

UPDATED ON SEP 29, 2020 04:02 PM IST
FRINZA is from those rare businesses that have prospered during this pandemic.
Coming from the highest levels of policymaking, such a candid approach is welcome(Virendra Singh Gosain/HT PHOTO)
Coming from the highest levels of policymaking, such a candid approach is welcome(Virendra Singh Gosain/HT PHOTO)

HTLS 2019: A road map for economic revival

Hindustan Times | By HT Correspondent
UPDATED ON DEC 08, 2019 05:37 PM IST
The finance minister’s prescriptions are positive. Build on them
The Consumer Expenditure Survey (CES) numbers would have provided much needed clarity in devising policies to address the economic slowdown(Getty Images/iStockphoto)
The Consumer Expenditure Survey (CES) numbers would have provided much needed clarity in devising policies to address the economic slowdown(Getty Images/iStockphoto)

Shooting the messenger

Hindustan Times | By HT Correspondent
PUBLISHED ON NOV 19, 2019 11:55 AM IST
Rejecting CES data undermines India’s statistical system
Finance minister Nirmala Sitharaman’s decision to cut the corporate tax rate to a flat 22% (25.17% with cess and surcharge) for companies willing to give up all exemptions should be seen in this context(Ramesh Pathania)
Finance minister Nirmala Sitharaman’s decision to cut the corporate tax rate to a flat 22% (25.17% with cess and surcharge) for companies willing to give up all exemptions should be seen in this context(Ramesh Pathania)

Corporate tax rate cut a boost for the economy | HT Editorial

Hindustan Times | By HT Correspondent
UPDATED ON SEP 20, 2019 08:29 PM IST
The government’s reformist measures are positive. Keep at it
India’s gross domestic product (GDP) growth slowed to 5% in the quarter ended June.
India’s gross domestic product (GDP) growth slowed to 5% in the quarter ended June.

How bad is the slowdown? State of the economy explained in 10 charts

New Delhi | By Roshan Kishore
UPDATED ON SEP 08, 2019 11:45 AM IST
Tax projections made in the budget are based on projected nominal GDP growth for the year. This year’s budget had a projected nominal GDP growth of 12%. An 8% growth rate can lead to a serious shortfall in taxes.
CK Asset’s decision to put off the sale adds to signs of economic stress in the city more than two months after protests started against a proposed extradition bill, then turned into violent anti-Beijing protests.(REUTERS/ Representative Image)
CK Asset’s decision to put off the sale adds to signs of economic stress in the city more than two months after protests started against a proposed extradition bill, then turned into violent anti-Beijing protests.(REUTERS/ Representative Image)

$1.5 billion luxury homes sale put on hold amid Hong Kong unrest

Bloomberg | By Shawna Kwan
UPDATED ON AUG 14, 2019 10:31 AM IST
The homes at 21 Borrett Road would not be offered for sale as scheduled this month, a spokeswoman for the company said Wednesday, confirming an earlier report on RTHK radio.
The report said most common type of property searched by buyers is flats and apartments, as shown by an analysis of online search data.(Picture for representation)
The report said most common type of property searched by buyers is flats and apartments, as shown by an analysis of online search data.(Picture for representation)

Average age of homebuyers is down to 30, finds research

Gurugram | By HT Correspondent
PUBLISHED ON FEB 27, 2019 04:58 AM IST
The average age of homebuyers looking to buy properties has come down to 30 from 50. Also, the maximum online searches for real estate across the country are made in Delhi-NCR, including Gurugram and Noida, stated a report released on Tuesday.
Developers and real estate experts pointed out that it will take at least two to three months to realise the full impact of the reduction of rates on the market. The new rates will come into effect from April 1.(Picture for representation)
Developers and real estate experts pointed out that it will take at least two to three months to realise the full impact of the reduction of rates on the market. The new rates will come into effect from April 1.(Picture for representation)

Changes in GST rates expected to boost realty market in Gurugram, say experts

Hindustan Times, Gurugram | By Abhishek Behl
PUBLISHED ON FEB 27, 2019 04:52 AM IST
The decision by the GST Council to cut tax rate on under-construction residential properties from 12% to 5% and on affordable housing from 8% to 1% is expected to boost real estate demand and also encourage sale of such properties, said real estate stakeholders in Gurugram.
Consumer confidence levels, which were resilient until the November 2016 invalidation of high-value banknotes, have tanked 2017 onwards.(Getty Images/iStockphoto)
Consumer confidence levels, which were resilient until the November 2016 invalidation of high-value banknotes, have tanked 2017 onwards.(Getty Images/iStockphoto)

Indian economy in 2018: Dampened sentiments need a cheer-up tablet

UPDATED ON DEC 31, 2018 09:00 AM IST
India is grappling with the mismatch between economic fundamentals and business sentiments, which appeared to have taken a hit in the aftermath of the demonetisation exercise and the implementation of GST. The government’s perceived differences with the central bank have not helped matters.
Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under sixteen hours.(Bloomberg)
Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under sixteen hours.(Bloomberg)

Alibaba Singles’ Day smashes $25 bln sales record in under 16 hours

Shanghai | By Reuters
UPDATED ON NOV 11, 2018 06:42 PM IST
Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan sales in under sixteen hours.Singles’ Day, also called “Double 11” is the world’s biggest online sales event, outstripping U.S. shopping holiday Black Friday.
Customers look at clothing displayed at a stall at Connaught Place in New Delhi.(Ruhani Kaur/Bloomberg)
Customers look at clothing displayed at a stall at Connaught Place in New Delhi.(Ruhani Kaur/Bloomberg)

Indian consumer sentiment rises in May: Report

Press Trust of India | By Press Trust of India
UPDATED ON JUN 01, 2018 06:13 PM IST
The Genesis India Consumer Indicator survey further noted that respondents’ views on current business conditions increased significantly for the second consecutive month to 38.41 from 33.87
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